BANGKOK (Reuters) -Thailand’s new cabinet on Wednesday approved a plan for higher fiscal 2024 spending of 3.48 trillion baht ($97.29 billion) and a larger budget deficit of 693 billion baht, …
Spending
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SYDNEY (Reuters) – Australia’s household spending rebounded in August, led by gains in the education, transport and recreation categories, data from the Commonwealth Bank of Australia showed on Wednesday, a …
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SHANGHAI/BEIJING (Reuters) – Simon Yu’s monthly mortgage payments for his Shanghai apartment will drop after China’s latest measures to support the ailing property sector, but so will the interest he …
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Exclusive-New rules would give Europe more scope for military spending post-Ukraine invasion
by ReutersBy Jan Strupczewski BRUSSELS (Reuters) – The European Union is close to agreeing provisions in revamped fiscal rules to enable extra military spending in the wake of Russia’s invasion of …
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US Deficit Skyrockets Thanks To Biden’s Massive Government Spending Lillian Tweten on September 4, 2023 The federal government’s deficit for fiscal year 2023 is set to double thanks largely to …
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TOKYO (Reuters) – Japanese household spending suffered its biggest drop in nearly 2-1/2 years squeezed by rising prices, although volatility in some items meant the outlook might not be as …
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By David Milliken LONDON (Reuters) – British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in cinema takings after the release …
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By Kailyn Rhone (Reuters) – See-through backpacks and jean shorts are among the popular last-minute purchases ahead of the new school year, several retailers said, as heat waves sweep the …
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WASHINGTON (Reuters) – U.S. construction spending increased solidly in July as a shortage of houses on the market boosted outlays on single-family housing projects. The Commerce Department said on Friday …
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By Rachna Uppal (Reuters) – Qatar recorded a budget surplus of 10 billion riyals ($2.74 billion) in the second quarter of 2023, the finance ministry said on Thursday, despite lower …
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By Sakura Murakami TOKYO (Reuters) – Japan’s defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a …
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Government spending, macro headwinds threaten Brazil’s economy: ex-central bank chief Fraga
by ReutersBy Lisa Pauline Mattackal (Reuters) – Insufficient government spending cuts, rising global interest rates and tighter liquidity place Brazil in a risky fiscal situation, a former governor of the central …
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SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing a deterioration in the global …
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JENNY BETH MARTIN: House Freedom Caucus Wants To Do Something About Out Of Control Spending Jenny Beth Martin on August 27, 2023 On Monday, the House Freedom Caucus (HFC) struck …
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By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Major U.S. department stores including Macy’s and Nordstrom are flagging delays in store credit card repayments, another risk to revenues as …
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WARSAW (Reuters) – Poland plans to raise spending on defence, health, social benefits and public sector pay in 2024, the prime minister said on Thursday, after the government approved the …
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SYDNEY (Reuters) – Australia faces decades of slower economic growth as its population gets older which will pressure the budget and lift national debt, a government report projected on Thursday, …
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Germany On Track To Miss Climate Goals Despite $500B+ Green Spending Spree Nick Pope on August 23, 2023 Germany is on track to fall short of its ambitious long-term climate …
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House Freedom Caucus Throws Wrench Into Congress’ Government Spending Fight Arjun Singh on August 21, 2023 The House Freedom Caucus has issued a list of demands for 12 appropriations bills …
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‘Bloated Federal Spending’: Mike Pence Unveils Plan Reverting Power Back To The States Mary Lou Masters on August 16, 2023 Former Vice President Mike Pence unveiled his plan Wednesday to …
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By Granth Vanaik (Reuters) – Target is expected to post its first quarterly drop in revenue in about six years when it reports results on Wednesday, as the big-box retailer …
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Federal Government’s Spending And Money Printing Spree Causing ‘Inflation Tax’ Which Is Greater Than Income Tax Will Kessler on August 11, 2023 Americans are paying far more to offset the …
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Universities Are Spending Like Crazy To Grow Their Bureaucracies, And Students Are Footing The Bill, Analysis Finds Reagan Reese on August 10, 2023 Public universities across the United States are …
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LONDON (Reuters) – British retailers suffered from heavy rain in July on top of the impact of high inflation with sales growth dropping to an 11-month low, a survey showed …
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(Reuters) – Brokerage Morgan Stanley on Monday warned that lofty U.S. equity valuations could be questioned by investors if aggressive fiscal spending is curtailed after the downgrade of sovereign debt …