Tag #Fiscal Policy

Showing 157 to 168 of 803 results

lemonde.fr
🌐 75% Global Worthiness
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French Government Strengthens Prefects' Role to Improve Public Service Efficiency

French Prime Minister François Bayrou announced a reform strengthening prefects' roles to improve public service delivery and spending efficiency, involving increased coordination of state actions at the local level and a new decree to be presented by the end of July.

Progress

48% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Germany Approves €850 Billion in New Debt, Prioritizing Social Spending

Germany's Finance Minister Lars Klingbeil presented a budget including €850 billion in new debt until 2029, prioritizing social spending over economic investments despite warnings from economists about the risk to the country's economic growth.

Progress

68% Bias Score

Reduced Inequality
elmundo.es
🌐 85% Global Worthiness
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Europe's Divergent Fiscal Paths Amidst Global Uncertainty

PIMCO's Peder Beck-Friis highlights increased investor interest in debt amid global economic uncertainty and fiscal pressures; Germany's fiscal policy shift contrasts with constraints faced by other European nations like Spain, France, and the UK, impacting growth and stability.

Progress

44% Bias Score

Reduced Inequality
themoscowtimes.com
🌐 85% Global Worthiness
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Russia Depletes National Wealth Fund Amid Plunging Oil Revenues

Russia is increasing daily sales of yuan from its National Wealth Fund to $124 million to cover a budget deficit caused by sharply lower oil and gas revenues, which have fallen below the fiscal rule's benchmark price of $60 per barrel. Analysts warn that the fund's reserves could be depleted within ...

Progress

36% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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U.S. Job Growth Masks Underlying Economic Weakness as Massive Budget Deficit Looms

In June, the U.S. added 144,000 jobs, lowering unemployment to 4.1 percent; however, job gains were concentrated in specific sectors, and the decrease in the unemployment rate was due to fewer people seeking work. The recently passed budget bill, with large tax cuts for higher earners and cuts to so...

Progress

56% Bias Score

Reduced Inequality
pda.kp.ru
🌐 85% Global Worthiness
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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, ...

Progress

52% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 90% Global Worthiness
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\"Fiscal Credibility Crisis in UK and US: Rising Yields and Market Distrust\"\

Unreliable fiscal policies in the UK and US are causing significant economic instability, evidenced by rising gilt and Treasury yields, weakening currencies, and capital flight, contrasting sharply with Europe's relative stability.

Progress

40% Bias Score

Reduced Inequality
elmundo.es
🌐 75% Global Worthiness
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Spain's Environmental Taxes: Balancing Energy Transition and Distributional Equity

Spain's environmental tax revenue was 1.5% of GDP in 2022, impacted by temporary tax cuts. Restructuring these taxes to favor energy transition requires addressing distributional impacts to avoid political opposition.

Progress

32% Bias Score

Affordable and Clean Energy
dailymail.co.uk
🌐 75% Global Worthiness
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UK Borrowing Costs Rise Amid Concerns Over Labour's Finances

UK ten-year gilt yields saw their first weekly rise since May, increasing to 4.56 percent from 4.5 percent, driven by concerns over Labour's handling of public finances following a £5 billion welfare reform U-turn and the Chancellor's emotional Commons appearance.

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Trump's Budget Bill Passes Congress After Tense Vote

President Trump's landmark budget bill, including tax cuts, a $4 trillion debt limit increase, and Medicaid changes, passed Congress after intense negotiations, last-minute deals, and presidential intervention, despite internal Republican divisions and concerns over its fiscal impact.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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UK Faces £30 Billion Budget Shortfall: Reeves Weighs Risky Options

Facing a £30 billion budget shortfall, Chancellor Rachel Reeves must choose between breaking fiscal rules, cutting spending, increasing taxes (despite manifesto pledges), imposing wealth taxes, or raising business taxes, each option carrying significant political and economic risks.

Progress

44% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Weak European Investment Despite ECB Easing: Structural Reforms Needed

Insufficient investment in Europe, particularly in Spain, hinders economic growth despite the ECB's monetary easing; further cuts are limited, requiring structural reforms and joint resource allocation for significant improvement.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 157 to 168 of 803 results