By Aziz El Yaakoubi RIYADH (Reuters) – Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into…
ATHENS (Reuters) – Greece’s economy is expected to grow by 2.1% in 2023 from 5.3% this year, according to a report by the country’s fiscal council which was published on…
By Alistair Smout and Elizabeth Piper BIRMINGHAM (Reuters) – British finance minister Kwasi Kwarteng will vow on Monday to stay the course with his planned tax cuts but promised an…
By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he was not surprised by the negative reaction of financial markets to Britain’s fiscal plans and…
BANGKOK (Reuters) – Thailand’s government plans new borrowing of about 820 billion baht ($21.64 billion) in the 2023 fiscal year starting Oct. 1, mainly to finance a budget deficit, the…
By David Milliken LONDON (Reuters) -Bank of England policymaker Jonathan Haskel said the UK central bank was in a difficult position as the government’s expansionary fiscal policy appeared to place…
BERLIN (Reuters) – Germany must fully utilize its fiscal policy to preserve the economy and keep business and industry investments, Economy Minister Robert Habeck said on Thursday. Habeck said the…
By Bernardo Caram BRASILIA (Reuters) – Brazil’s Economy Ministry is mulling a new fiscal rule that would allow government spending to grow above inflation depending on economic growth and the…
WASHINGTON (Reuters) -U.S. President Joe Biden’s administration is recommending a refugee admissions target of 125,000 for fiscal year 2023, State Department spokesperson Ned Price said on Friday. The proposed target…
TAIPEI (Reuters) -The head of Taiwan’s central bank said on Wednesday that external demand momentum will slow next year and an expansionary fiscal policy should be adopted to stimulate domestic…
BANGKOK (Reuters) – Thailand’s economy is gradually recovering from the impact of the pandemic and its fiscal and financial position remains strong, Deputy Prime Minister Supattanapong Punmeechaow told a business…
By Paula Arend Laier SAO PAULO (Reuters) – Investors seeking clarity about the future of Brazil’s fiscal policy from 2023 on must wait for the outcome of October’s presidential election,…
By Jan Strupczewski BRUSSELS (Reuters) – The European Union should set up a fiscal capacity to pay for EU public goods, link the pace of debt cuts to individual country…
By Alexandra Alper WASHINGTON – U.S. President Joe Biden’s decision to forgive a portion of student loan debt for many Americans is on a strong legal and fiscal footing, Bharat…
BEIJING (Reuters) – China’s fiscal revenue growth slowed slightly in the January-July period compared to the first six months of the year, finance ministry data showed on Wednesday, as the…
EXCLUSIVE: Illegal Border Crossings, Migrant Deaths Shattered Records In Fiscal Year 2022 Jennie Taer on August 8, 2022 Border Patrol agents have encountered a record number of 1,853,837 migrants since…
BUENOS AIRES – The head of the International Monetary Fund on Monday described a meeting with Argentina’s economy minister, Silvina Batakis, as “productive,” amid a deepening economic crisis afflicting South…
By Daniel Leussink TOKYO – Japan’s government slashed its economic growth forecast for this fiscal year largely due to slowing overseas demand, highlighting the impact of Russia’s war in Ukraine,…
By David Lawder WASHINGTON -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an economic slowdown brought on by…
BEIJING -China’s fiscal revenue growth accelerated in January-June from the first five months, the finance ministry said on Thursday, as the economy showed signs of a slow recovery in June…
By Gabriel Burin BUENOS AIRES – Brazil’s real is expected to firm over the next 12 months but will come under growing pressure from planned extra social spending against a…
NEW DELHI – Tata Motors aims to sell about 50,000 electric vehicles (EVs) in the fiscal year to March 31, and double that in the 2023/24 period, Chairman N Chandrasekaran…
VANCOUVER, BC, July 1, 2022 — GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV) (“GreenPower” or the “Company”), a leading manufacturer and distributor of zero-emission, electric-powered, medium and heavy-duty vehicles, today…
BERLIN – German Finance Minister Christian Lindner said there was a risk of a period of high inflation and low growth following Russia’s invasion of Ukraine, which had driven already…
BEIJING – China’s cabinet unveiled some steps on Monday to improve the allocation of resources among local governments to help ease their growing fiscal strains and debt risks, amid efforts…