Former President Trump’s ambitious $40 billion bailout proposal for Argentina has ignited fierce backlash from a leading MAGA ally, revealing sharp divisions within the movement over foreign aid and economic priorities
Browsing: fiscal policy
UK Chancellor Jeremy Reeves is gearing up to strengthen the budget buffer, aiming to enhance fiscal resilience amid economic uncertainties, Reuters reports. This bold strategy seeks to shield public finances from unexpected shocks and secure long-term stability
The fall of yet another French premier has thrown the nation into even deeper political chaos, complicating efforts to address the mounting debt crisis. Amid structural deficits, soaring public spending, and sluggish growth, France’s financial challenges are reaching a critical tipping point
Russia’s 2026 budget reveals steeper tax hikes designed to power an ambitious military expansion amid the ongoing conflict. Experts warn that this increased financial strain on citizens highlights the Kremlin’s unmistakable decision to put defense spending ahead of domestic needs
Argentina’s economy is battling soaring inflation, rising debt, and persistent policy uncertainty. These challenges are not only stalling growth but also rattling investor confidence, deepening the economic crisis and fueling urgent calls for reform
New rock-star economist Gabriel Zucman is electrifying France with his daring call for a wealth tax, sparking fiery debates as inequality reaches new heights. His bold ideas challenge the status quo and push for sweeping fiscal reforms that could reshape the nation’s future
Italy is firmly committed to keeping its budget deficit at 3% of GDP this year, showcasing a resolute dedication to fiscal discipline amid ongoing economic challenges. This goal aligns seamlessly with EU guidelines, carefully balancing the drive for growth with prudent debt management
Deutsche Bank calls on Germany to unleash its full fiscal strength to invigorate the economy during these uncertain times. Experts highlight that strategic government support is crucial to safeguard the bank’s stability and drive its growth forward
UK Labour leader Keir Starmer emphasized the need for “firm and fair” action to address the nation’s soaring debt. He called for balanced policies that not only secure economic stability but also protect essential public services, Reuters reports
Argentina’s economy is in turmoil, wrestling with a severe crisis sparked by harsh fiscal cuts and policy missteps. Now, the nation is urgently reaching out to the U.S. for financial aid to stabilize its shaky markets and restore confidence among investors
Finance Minister seals a groundbreaking bilateral debt restructuring agreement with the United Kingdom, set to ease repayment terms and strengthen economic ties. This transformative deal offers crucial fiscal relief, opening the door to a more resilient and prosperous financial future
Argentina’s President Milei faced a significant blow as the Senate approved a surge in government spending, directly opposing his drive for fiscal austerity. This move highlights the intensifying battle over economic policy unfolding in Congress
The IMF has unveiled its 2025 Article IV Consultation for the United Kingdom, highlighting a resilient economic recovery amid persistent global challenges. The report underscores the crucial need to uphold fiscal discipline and push forward with structural reforms to secure sustainable growth
UK Finance Minister unveils bold plans for tax reform designed to ignite growth in small businesses, Reuters reports. These proposed changes aim to lighten financial pressures and fuel a new wave of economic expansion throughout the sector
In his latest column for The Logic, Carney boldly announces that Canada’s era of cautious, boy scout politics has ended, paving the way for a new chapter of daring economic and strategic initiatives under Carmichael’s leadership
A fresh analysis sets Canada and the U.S. head-to-head in a dramatic showdown over government spending, asking: which nation is the real budget “basket case”? Skyrocketing deficits and growing debt fuel a fiery debate on fiscal responsibility across North America
Italy is considering a bold new tax on banks to strengthen its budget, Bloomberg reports. This strategic move aims to boost government revenues amid economic challenges and rising fiscal pressures
France now faces the startling prospect of borrowing costs overtaking those of Italy, highlighting growing investor concerns about its fiscal outlook. This surprising development reveals changing tides in the Eurozone debt markets, reports Le Monde.fr
Spain has introduced wealth taxes targeting the ultra-rich – and, surprisingly, it hasn’t sparked a mass billionaire exodus. Thanks to thoughtful policy design and well-balanced rates, the country has not only retained its wealthy residents but also seen a significant boost in public revenue
The Carnegie Endowment warns that leaning on China’s central government balance sheet to cover local government debt could spark financial instability, undermine market discipline, and put immense pressure on the national budget