Economics ❯Fiscal Policy

Government Spending

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Japan's Economy Contracts 0.2% in Q1 as Export Struggles Deepen

Preliminary data shows Japan's first quarterly GDP decline in a year, driven by weak exports and stagnant private consumption.

Elon Musk Scales Back Role at DOGE as Tesla Faces Financial Turmoil

Mayor Adams Unveils $115.1 Billion Budget with Focus on Public Safety, Education, and Social Services

Labor Reveals $1 Billion Budget Boost as S&P Warns of Credit Rating Risks

Acting President Urges Swift Approval of $8.55 Billion Emergency Budget

Treasurers Clash Over Economic Strategies as Trump’s Tariffs Reshape Election Debate

Senate Passes Budget Resolution Advancing Trump’s Tax Cuts and Border Funding

Rachel Reeves Faces Backlash Over Unpopular Spring Statement

Debt Ceiling Deadline Looms as U.S. Risks Default by Mid-July

Rachel Reeves Faces Mounting Pressure as Borrowing Surges and Growth Forecasts Cut

Germany Approves Historic Fiscal Reforms for Defense and Infrastructure Spending

German Parliament Approves Historic €1 Trillion Fiscal Reform

European Powers Unite to Bolster Ukraine's Defense Amid Shifting Security Landscape

South Africa's Budget Faces Uncertainty Over VAT Hike Disputes

Germany's Greens Challenge Merz's Push for Debt Brake Reform and Massive Spending

UK Businesses Cut Hiring Plans as Tax and Wage Costs Loom

Nationwide Airport Strikes Disrupt Flights Across Germany

Germany Plans Major Debt-Financed Investments as Trust in US Declines

ECB Cuts Interest Rates as Inflation and Growth Projections Shift

Labour Plans Welfare Overhaul as Spring Statement Looms