Economists warn that the UK government, led by Chancellor Rachel Reeves, is likely to miss its Budget borrowing targets due to soaring interest rates on long-term government bonds (gilts). The yield on 30-year gilts reached 5.25%, the highest this century….
In this week’s political roundup, Adam, Chris, and Paddy discuss significant topics including the latest budget developments, diplomatic trips to China, and the implications for the upcoming 2024 US elections. The analysis offers insights into how these issues are shaping…
In this week’s newscast, hosts Adam, Chris, and Paddy discuss key political events including the current budget situation, an upcoming trip to China, and insights into the ongoing U.S. election campaigns. They provide analysis and opinions on how these factors…
Gérald Darmanin, newly appointed Minister of Justice in France, has outlined a series of proposed reforms aimed at improving the justice system and addressing prison overcrowding. His plans include extending police custody for serious sexual offenses, increasing the ministry’s budget,…
On December 19, 2023, President-elect Donald Trump called on Republicans and Democrats to support a revised federal funding bill to avert a budget deadlock before a looming deadline. The agreement includes an increase in the debt ceiling until January 30,…
During the recent winter session, the Swiss Parliament approved the 2025 federal budget after extensive negotiations. Key decisions included the abolition of the Eigenmietwert tax for homeowners, increasing military funding by 530 million Swiss francs, and reducing international aid. Additionally,…
Dimitris Koutsoumbas, General Secretary of the Communist Party of Greece (KKE), highlighted ongoing social issues facing residents of Nea Ionia during a meeting with local representatives. He condemned the government’s recent budget as class-based and anti-people, emphasizing the need for…
The French Senate has unanimously approved a special law enabling the government to levy taxes and borrow funds to finance the state and social security, following a similar vote in the National Assembly. This legislation aims to resolve the current…
French deputies unanimously adopted a special law allowing the state to function temporarily in the absence of a 2025 budget. The law addresses immediate needs but highlights gaps that still require attention. An increase in income taxes is anticipated for…
The budget conflict between the French executive and opposition parties intensifies as lawmakers review a special law to ensure state continuity. With no budget for 2025 adopted yet, amendments to index income tax to inflation were rejected. The Assembly President…
Greek Deputy Minister Pavlos Marinakis outlined three critical pitfalls to avoid in the discussion of the 2025 National Budget, emphasizing the importance of acknowledging economic successes without undermining citizens struggling with hardships. He presented four key objectives, including creating better…
The Greek government is currently holding discussions on the state budget for 2025, featuring speeches from key ministers, including Foreign Minister Giorgos Gerapetritis and Defense Minister Nikos Dendias. The climax of the discussions will occur on December 15, 2023, with…
