Tag #Economic Policy

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pda.kp.ru

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Jul 6, 10:10

Russian Non-Working Pensioners' Average Payment Reaches 24,019 Rubles

The average monthly pension for non-working pensioners in Russia reached 24,019 rubles by April 1, 2025, up from 23,758 rubles on January 1, 2025; further increases are planned for July 2025 for specific groups, and a major budget allocation targets pension payments in 2026.

Russian Non-Working Pensioners' Average Payment Reaches 24,019 Rubles

The average monthly pension for non-working pensioners in Russia reached 24,019 rubles by April 1, 2025, up from 23,758 rubles on January 1, 2025; further increases are planned for July 2025 for specific groups, and a major budget allocation targets pension payments in 2026.

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What is the current average pension for non-working pensioners in Russia and how does this compare to previous figures?

The average monthly pension for non-working pensioners in Russia reached just over 24,000 rubles as of April 1, 2025, according to the Social Fund of Russia (SFR). This is a slight increase from 23,758 rubles on January 1, 2025. Pension increases were implemented on June 1st for 80-year-olds and those with first-group disabilities.

t24.com.tr

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Jul 5, 10:09

Trump Signs Sweeping Tax Cut and Spending Bill

President Trump signed a bill into law on July 4th, including massive tax cuts, increased defense and border security spending, and cuts to social programs like Medicaid and SNAP, with no Democrats voting in favor.

Trump Signs Sweeping Tax Cut and Spending Bill

President Trump signed a bill into law on July 4th, including massive tax cuts, increased defense and border security spending, and cuts to social programs like Medicaid and SNAP, with no Democrats voting in favor.

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What are the potential long-term social and environmental consequences of the spending cuts and policy shifts included in this bill?

The long-term effects are uncertain. While the tax cuts and increased spending in certain sectors might stimulate short-term economic growth, the cuts to social programs could negatively impact vulnerable populations. The increased focus on fossil fuels could exacerbate climate change concerns.

english.kyodonews.net

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Jul 5, 16:11

Ishiba Rejects Opposition Consumption Tax Cut Proposals Ahead of Japanese Election

Ahead of Japan's House of Councillors election, Prime Minister Shigeru Ishiba opposes opposition calls for consumption tax cuts, citing their impact on healthcare and social services, while the Japan Innovation Party proposes reducing the food tax to zero percent.

Ishiba Rejects Opposition Consumption Tax Cut Proposals Ahead of Japanese Election

Ahead of Japan's House of Councillors election, Prime Minister Shigeru Ishiba opposes opposition calls for consumption tax cuts, citing their impact on healthcare and social services, while the Japan Innovation Party proposes reducing the food tax to zero percent.

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What are the immediate implications of the differing stances on consumption tax cuts for the upcoming Japanese election?

All of the consumption tax is used for health care, nursing and other services. Can we really afford to cut it?" said Prime Minister Shigeru Ishiba, rejecting opposition proposals for a tax cut without a revenue offset plan. The upcoming election focuses on whether the ruling coalition will maintain its upper house majority. Opposition parties, such as the Japan Innovation Party, propose lowering the consumption tax on food to zero percent.

forbes.com

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Jul 4, 19:15

US National Debt Reaches Record High Following Passage of One Big Beautiful Bill

The One Big Beautiful Bill has increased the US federal debt to over \$40 trillion, raising concerns about the debt-to-GDP ratio exceeding 124 percent. Historical precedent offers mixed outcomes, with some nations overcoming high debt through technological advancements while others experienced stagn...

US National Debt Reaches Record High Following Passage of One Big Beautiful Bill

The One Big Beautiful Bill has increased the US federal debt to over \$40 trillion, raising concerns about the debt-to-GDP ratio exceeding 124 percent. Historical precedent offers mixed outcomes, with some nations overcoming high debt through technological advancements while others experienced stagn...

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What are the immediate economic implications of the One Big Beautiful Bill's passage on the U.S. national debt and debt-to-GDP ratio?

The One Big Beautiful Bill has expanded Washington's balance sheet to a record high, exceeding \$40 trillion in federal obligations against a \$29.9 trillion economy. This could significantly increase the debt-to-GDP ratio beyond the 124 percent recorded in December 2024.

npr.org

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Jul 4, 10:14

Senate Republicans Pass Tax Cut Bill, Adding Trillions to National Debt

The Senate passed a Republican tax cut and spending bill projected to add trillions to the national debt over 10 years, with the top 10% of earners receiving the largest tax cuts while low-income families face potential losses of government assistance.

Senate Republicans Pass Tax Cut Bill, Adding Trillions to National Debt

The Senate passed a Republican tax cut and spending bill projected to add trillions to the national debt over 10 years, with the top 10% of earners receiving the largest tax cuts while low-income families face potential losses of government assistance.

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What are the long-term implications of this bill for income inequality and the federal budget?

The bill's long-term impact will likely involve higher interest rates, slowing economic growth, and increased strain on the federal budget. The disproportionate tax cuts favoring high-income earners exacerbate existing income inequality, while cuts to safety-net programs harm low-income families. Future budget negotiations will be significantly complicated by this increased debt.

pda.kp.ru

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Jul 4, 19:15

Big Beautiful Bill" Passes: Trillion-Dollar Tax Cuts, Debt Increase, and Healthcare Cuts

The US Congress passed President Trump's "Big Beautiful Bill", allocating over $4 trillion in tax cuts and raising the debt ceiling by $5 trillion while increasing defense spending and cutting healthcare programs, potentially affecting 12 million Americans and adding trillions to the national debt, ...

Big Beautiful Bill" Passes: Trillion-Dollar Tax Cuts, Debt Increase, and Healthcare Cuts

The US Congress passed President Trump's "Big Beautiful Bill", allocating over $4 trillion in tax cuts and raising the debt ceiling by $5 trillion while increasing defense spending and cutting healthcare programs, potentially affecting 12 million Americans and adding trillions to the national debt, ...

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What are the immediate economic impacts of the "Big Beautiful Bill", considering both projected benefits and criticisms?

The recently enacted "Big Beautiful Bill" in the US includes $4 trillion in tax cuts for the wealthy and large businesses, coupled with a $5 trillion increase in the debt ceiling. It allocates significant funds to defense, including $2.55 billion for missile defense and $2.2 billion for hypersonic weapons, while cutting benefits for green energy and healthcare.

bbc.com

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Jul 5, 10:09

Trump Signs Landmark Bill: Tax Cuts, Increased Spending, and Stricter Immigration

President Trump signed a sweeping bill on July 4th, including tax cuts, increased defense spending by $150 billion, and $100 billion for ICE, despite Democratic opposition and concerns about its impact on social programs like Medicaid and SNAP, potentially affecting millions.

Trump Signs Landmark Bill: Tax Cuts, Increased Spending, and Stricter Immigration

President Trump signed a sweeping bill on July 4th, including tax cuts, increased defense spending by $150 billion, and $100 billion for ICE, despite Democratic opposition and concerns about its impact on social programs like Medicaid and SNAP, potentially affecting millions.

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How did the bill's passage through Congress reflect differing political priorities and concerns?

This bill, encompassing tax cuts from 2017, cuts to Medicaid, new tax breaks for tips and overtime, a $150 billion increase in defense spending, and $100 billion for ICE, reflects Trump's policy priorities. However, the bill faces criticism for potentially increasing the national debt and disproportionately benefiting the wealthy.

nbcnews.com

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Jul 5, 01:13

Trump Signs Sweeping Tax Cut and Spending Bill into Law

President Trump signed a sweeping tax cut and spending bill into law on July 4th, extending existing tax cuts, slashing taxes on tips and overtime, and increasing military and deportation spending, while cutting Medicaid and SNAP, despite projected increases to the national debt and significant publ...

Trump Signs Sweeping Tax Cut and Spending Bill into Law

President Trump signed a sweeping tax cut and spending bill into law on July 4th, extending existing tax cuts, slashing taxes on tips and overtime, and increasing military and deportation spending, while cutting Medicaid and SNAP, despite projected increases to the national debt and significant publ...

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What were the major points of contention during the legislative process of the bill?

The bill's passage follows months of internal GOP battles over its contents. It includes tax cuts, increased military spending, and cuts to social programs, funded partly by cuts to Medicaid and SNAP. Public opinion polls show deep unpopularity for this legislation.

taz.de

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Jul 5, 22:11

Germany's "Bauturbo" Law Aims to Speed Up Construction Amid Housing Crisis

German Federal Minister of Building Verena Hubertz launched "Bauturbo", a law aiming to halve construction costs and reduce approval times from five years to two months, sparking concerns from environmental groups about reduced environmental regulations and public participation, despite Hubertz's as...

Germany's "Bauturbo" Law Aims to Speed Up Construction Amid Housing Crisis

German Federal Minister of Building Verena Hubertz launched "Bauturbo", a law aiming to halve construction costs and reduce approval times from five years to two months, sparking concerns from environmental groups about reduced environmental regulations and public participation, despite Hubertz's as...

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Sustainable Cities and Communities

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What immediate impacts will the "Bauturbo" law have on construction timelines and costs in Germany?

German Federal Minister of Building, Verena Hubertz, recently announced a new law aimed at accelerating construction projects, nicknamed "Bauturbo". The law, passed by the Federal Cabinet, intends to significantly reduce construction times and costs. Hubertz highlights the goal of halving construction costs and reducing approval procedures from five years to two months.

smh.com.au

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Jul 4, 13:18

US Omnibus Bill: A Self-Inflicted Wound in the Global Tech Race

The US omnibus bill significantly curtails investments in clean energy and advanced manufacturing, potentially costing the US 340 gigawatts of power over the next decade and handing China a major advantage in the global electro-tech market; Elon Musk calls it "utterly insane and destructive.

US Omnibus Bill: A Self-Inflicted Wound in the Global Tech Race

The US omnibus bill significantly curtails investments in clean energy and advanced manufacturing, potentially costing the US 340 gigawatts of power over the next decade and handing China a major advantage in the global electro-tech market; Elon Musk calls it "utterly insane and destructive.

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Affordable and Clean Energy

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How does the US's policy shift in energy and technology relate to broader trends of economic nationalism and protectionism, and what are the potential consequences for global trade?

This policy shift connects to broader patterns of economic nationalism and protectionism, prioritizing short-term gains for established industries over long-term investments in innovation and clean energy. China's rapid advancement in electrotechnology, coupled with the US's retreat, suggests a significant power shift in global markets.

lexpress.fr

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Jul 4, 01:13

Trump's Budget Bill Passes Congress Despite Internal Divisions

The US Congress narrowly passed Donald Trump's "One Big Beautiful Bill", a major budget bill that includes tax cuts, increased defense spending, and cuts to social programs like Medicaid and SNAP, despite opposition and internal Republican divisions.

Trump's Budget Bill Passes Congress Despite Internal Divisions

The US Congress narrowly passed Donald Trump's "One Big Beautiful Bill", a major budget bill that includes tax cuts, increased defense spending, and cuts to social programs like Medicaid and SNAP, despite opposition and internal Republican divisions.

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How did internal divisions within the Republican party influence the passage of the budget bill, and what lobbying tactics were employed?

The bill's passage reflects Trump's narrow legislative majority and his use of pressure tactics to secure votes. While the bill delivers on key campaign promises, independent analyses suggest that the wealthiest households will benefit most, while millions of low-income Americans could lose access to public health and food assistance programs.

zeit.de

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Jul 4, 13:17

German Government Faces Backlash Over Limited Electricity Tax Cut

Two CDU state premiers and business associations criticize Germany's partial electricity tax cut, deeming it a broken promise from the coalition agreement that pledged broader relief for businesses and households, potentially impacting investments.

German Government Faces Backlash Over Limited Electricity Tax Cut

Two CDU state premiers and business associations criticize Germany's partial electricity tax cut, deeming it a broken promise from the coalition agreement that pledged broader relief for businesses and households, potentially impacting investments.

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What are the potential long-term implications of this policy decision for the German economy, and how might this affect future government fiscal policy decisions?

This conflict signals potential instability within the governing coalition and could lead to further disagreements on fiscal policy. The government's decision to limit tax cuts may negatively impact business investment and public confidence. Future policy negotiations will likely be strained by this dispute and potentially lead to reassessments of spending priorities.

Showing 13 to 24 of 1,234 results