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Budget News

US hails UN budget cuts as 'step in right direction'

New York - The United States on Sunday applauded a $285-million-cut in the UN core budget, saying it was "a big step in right direction."The General Assembly adopted a budget of $5.396 billion for 2018-2019, slightly below the $5.

Japan unveils record defence budget against N. Korea threat

Toukyo - Japan's defence budget will swell to a record $46 billion for the next fiscal year, the government said Friday, as the nation shores up its missile shield against the threat posed by North Korea.

US wants $250 mn cut to UN budget

New York - The United States is seeking a $250 million cut to the core budget of the United Nations for 2018-2019, on top of $200 million in savings already proposed by UN Secretary-General Antonio Guterres, diplomats said Tuesday.

Iran's Rouhani sees major economic growth next year

Tehran - Iran's President Hassan Rouhani promised high economic growth as he laid out next year's budget on Sunday, despite uncertainty over whether the United States will pull out of the nuclear deal.

Tillerson: State Dept budget can be cut as wars ending

Washington - Secretary of State Rex Tillerson defended plans to slash his own department's budget Tuesday, arguing Washington will need to spend less on diplomacy as armed conflicts come to an end.

French international schools strike over cuts

Paris - Teachers at many of France's international schools, a symbol of French soft power around the world, went on strike Monday over planned cuts to budgets and staffing.

France brushes off EU worries over Macron's budget

Paris - France insisted Thursday that it was on course to wrestle its deficit back within European Union limits, after Brussels expressed concern that Paris might not meet the bloc's tough spending rules.

Food bank protest staged outside British PM's office

London - Campaigners set up a food bank outside British Prime Minister Theresa May's Downing Street residence on Tuesday in a protest against austerity policies on the eve of a new national budget being announced.

Calgary Winter Olympics bid needs more work: committee

Montr - Calgary's bid for the 2026 Winter Olympic Games needs further evaluation by the local authority to the tune of CAN$2 million ($1.6 million), according to recommendations presented to the city council Monday.

EU cuts funding to Turkey in 2018 budget

Brussels - An EU 2018 budget deal was announced Saturday that cuts funds destined to Turkey, citing doubts about Ankara's commitment to democracy and human rights.

France hikes defence spending, inches towards NATO goal

Paris - French lawmakers late Tuesday approved an increase of nearly two billion euros in defence spending in 2018 -- reversing cuts to the 2017 budget that triggered a major spat between President Emmanuel Macron and a top general.The 1.

Improved economic outlook cuts Canada budget deficit

Ottawa - A surging Canadian economy has reduced the government's budget deficit this year by billions of dollars, the finance minister said Tuesday.

French MPs back Macron's tax reforms

Paris - French MPs on Tuesday overwhelmingly approved President Emmanuel Macron's plans to slash a key wealth tax, over which he has been accused of pandering to the rich.

Greece defends F-16 warplane upgrade amid cost criticism

Atenas - Greece on Thursday defended its decision to upgrade its fleet of US-made F-16 warplanes, arguing that the multi-million cost will not destabilise its precarious budget."We are discussing the upgrade of (around 90) aircraft at a maximum cost of 1.

Lithuania hikes defence budget to meet NATO target

Vilnius - Lithuania said Wednesday it would raise its defence spending to 2 percent of gross domestic product (GDP) next year to meet a NATO target amid security concerns over neighbouring Russia.

Trump to request $29 bln for storm-hit Puerto Rico

Washington - US President Donald Trump will ask Congress for a bumper $29 billion package of emergency relief for Puerto Rico in the wake of Hurricane Maria, officials told AFP Wednesday.Trump will request a package that includes $12.

EU spending commitments at record high of 238bn euros: watchdog

Brussels - The EU's auditor on Thursday hailed progress in the bloc's wasteful spending, which fell to 4.2 billion euros in 2016, but warned that future spending commitments had hit an all-time high of nearly 240 billion euros.

Macron government cuts wealth taxes in first budget

Paris - French President Emmanuel Macron's business-friendly government unveiled its first annual budget Wednesday, fending off criticism that its tax cuts favour the very wealthiest.

France's Macron unveils tricky first budget

Paris - The government of Emmanuel Macron unveils its first budget Wednesday as the young president seeks to kick-start the French economy with a business-friendly agenda.

Macron government to unveil belt-tightening first budget

Paris - French President Emmanuel Macron's government is set to unveil its first annual budget on Wednesday, balancing tricky priorities as it seeks to cut taxes while also slashing the deficit.

Catalonia's frustrated dream: to tax and spend like Basques

Madrid - Spain's refusal to extend the tax-and-spend privileges enjoyed by the wealthy Basque region, which collects its own taxes and spends the money as it pleases, has fuelled the rise of separatism in Catalonia, experts and commentators say.

Marchers demand Haiti's president step down

Port-au-prince - Thousands took to the streets of Haiti's capital Wednesday to demand President Jovenel Moise step down following the publication of a national budget viewed as unfavorable to the country's poor.

Carbon 'budget' may be bigger than thought: study

Paris - An ambitious goal to limit global warming to 1.5 degrees Celsius is still within reach, said researchers Monday who calculated humanity may have a larger allowable "budget" for burning carbon than previously thought.

France to boost defence budget by 1.6 bn euros in 2018: PM

Paris - France will boost defence spending next year by 1.6 billion euros, Prime Minister Edouard Philippe said Thursday, just two months after a row over planned cuts to the budget triggered the resignation of the armed forces chief.

Guinea-Bissau parents coax truant teachers back to school

Cacheu - The school year is ending in the west African nation of Guinea-Bissau, but some pupils will hardly notice the difference.

Greek refuse workers end strike as rubbish piles up in the sun

Atenas - Greek refuse workers, embroiled in a contract dispute, on Thursday ended an 11-day strike which had left ever-mounting piles of stinking rubbish festering in sweltering sun in city streets.

Under US pressure, UN agrees on deep cuts to peacekeeping

New York - A deal on cutting nearly $600 million from the UN peacekeeping budget was reached Wednesday following weeks of negotiations over US demands for sharp cost reductions, UN diplomats said.

Under US pressure, UN agrees deep cuts to peacekeeping

New York - A tentative deal to cut nearly $600 million from the UN peacekeeping budget was reached on Wednesday, capping weeks of tough negotiations over US demands for a sharp reduction in costs, UN diplomats said.

Mattis 'shocked' by US military readiness, warns on North Korea

Washington - Pentagon chief Jim Mattis told lawmakers on Monday he was "shocked" by the state of the US military's readiness, blaming legal budget caps and the grind of 16 years of constant war.

EU corruption watchdog 'flooded' with cases

Brussels - The EU's anti-graft watchdog said Wednesday it has been "flooded" with alleged fraud cases in the European Parliament and other bodies that have dragged in France's far-right National Front.
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ARRIVAL: New Jersey Gov. Chris Christie (left) greets U.S. President Barack Obama and FEMA Administr...
ARRIVAL: New Jersey Gov. Chris Christie (left) greets U.S. President Barack Obama and FEMA Administrator Craig Fugate on the tarmac at Atlantic City International Airport after the two federal officials arrived to tour storm damage from Hurrican Sandy in 2012.
White House photo by Chuck Kennedy
Home baked bread can be a healthy  tasty  inexpensive alternative to store-bought loaves.
Home baked bread can be a healthy, tasty, inexpensive alternative to store-bought loaves.
Fiscal Year 2009 U.S. Federal Spending – Cash or Budget Basis
Fiscal Year 2009 U.S. Federal Spending – Cash or Budget Basis
wikipedia
CBO 2010 Federal Budget. Notice that Social Security  Medicare and Medicaid amount to 43 percent of ...
CBO 2010 Federal Budget. Notice that Social Security, Medicare and Medicaid amount to 43 percent of total expenditures for FY 2010.
Amapha
Snow on March 17  2017. Canada is still in  winter  mode.
Snow on March 17, 2017. Canada is still in "winter" mode.
Environment Canada
Cascade Complex  Idaho  2007.
Photo taken: Sep 11  2007
Cascade Complex, Idaho, 2007. Photo taken: Sep 11, 2007
USFS
A Coronal mass ejection.
A Coronal mass ejection.
NASA
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epic_1b_20170316023357_02Distance to Earth: 1,513,315 km 940,223 miles Distance between DSCOVR and Earth.
NASA/DISCOVR
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New Jersey's baboon is finally captured.
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Altogether Fool
Pie chart showing breakdown of expenditures for 2010 federal budget. Notice Social Security  Medicar...
Pie chart showing breakdown of expenditures for 2010 federal budget. Notice Social Security, Medicare and Medicaid spending amount to 46 percent of total spending.
Amapha
The Indiana House of Representatives.
The Indiana House of Representatives.
Associated Press
President Barack Obama delivers remarks on the budget negotiations  in the James S. Brady Press Brie...
President Barack Obama delivers remarks on the budget negotiations, in the James S. Brady Press Briefing Room of the White House, Sept. 30, 2013.
White House photo
The dinner shown cost less than $5.45.
The dinner shown cost less than $5.45.
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Couple on couch, working through their budget.
Big Stock Photo

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