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Budget News

Syria president announces $9bn budget for 2019

Damascus - Syria's president on Thursday announced a budget for 2019 of almost $9 billion, of which around a third has been allocated to investment projects including in areas ravaged by the war.

Spanish PM says will refer 2019 budget to parliament in January

Madrid - Spain's prime minister said Tuesday his minority Socialist government would refer its 2019 budget to parliament for approval in January, possibly triggering early elections if it is rejected.

Italy PM says new budget proposal 'in coming hours'

Rome - Italian Prime Minister Giuseppe Conte said Tuesday that a revised draft budget to avoid penalties from Brussels would be ready "in the coming hours".

Italy PM says new budget proposal 'in coming hours'

Milan - Italian Prime Minister Giuseppe Conte said Tuesday that a revised draft budget to avoid penalties from Brussels would be ready "in the coming hours".

Czech PM accused of 'conflict of interest' in leaked EU report

Apo - A key opinion by the EU's legal service has found that embattled Czech Prime Minister Andrej Babis has a conflict of interest between his role as head of the Czech government and his business dealings.

Poorer EU states could spend more on post-Brexit budget: Slovak PM

Bratislava - Slovakia's prime minister said on Thursday that poorer EU members were willing to increase their contributions to the bloc's post-Brexit budget to keep development and agricultural spending at current levels.

Brussels rejects Italy budget, paves way for sanctions

Apo - Brussels officially rejected Italy's big-spending budget on Wednesday, clearing the path for unprecedented sanctions and deepening a bitter row with Rome's populist government.

Spanish government raises possibility of early election

Madrid - Spanish Prime Minister Pedro Sanchez's minority government, which is struggling to pass its draft 2019 budget, would not rule out holding an early general election, a top cabinet minister said Monday.

Argentina's Senate approves austerity budget

Buenos Aires - Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a $56 billion International Monetary Fund bailout.

US weighs cuts to funding for 'bad deal' UN

New York - The United States is seeking to reduce its funding for the United Nations, US Ambassador Nikki Haley said Friday, stressing that multilateralism had, at times, been a "bad deal" for Americans.

U.K. Government announces new plastics tax as part of new budget

The U.K. government is seeking to ramp up efforts to tackle the scourge of litter and waste from single-use plastics, proposing a new tax on plastic packaging, subject to consultation.

Britain faces pre-Brexit budget battle

London - Britain's finance minister will try to navigate a political minefield Monday when he unveils a budget that could be scuppered by the final terms of Brexit next year.

EU commissioner denounces 'fascist' Italian MEP after shoe scene

Paris - European Economics Commissioner Pierre Moscovici on Friday stepped up his criticism of an Italian politician who symbolically "trampled" the commissioner's notes rejecting Italy's budget.

'Italy not a problem' for EU, says finance minister

Paris - Italian Finance Minister Giovanni Tria said Thursday that his country was "not a problem" for the European Union, which he claimed could benefit from Rome's new budget strategy."Let me be clear, Italy is not a problem.

Argentine lawmakers approve austerity budget 

Buenos Aires - The lower house of Argentina's Congress approved Thursday an unpopular austerity budget designed to meet the requirements of a $57-billion IMF bailout.

Argentine lawmakers approve austerity budget 

Buenos Aires - The lower house of Argentina's Congress approved Thursday an unpopular austerity budget designed to meet the requirements of a $57 billion IMF bailout.

EU rejects Italy's budget in eurozone first

Strasbourg - The European Commission on Tuesday rejected Italy's draft 2019 budget, the first time the EU executive has ever sent a member state back to the drawing board over spending plans.

Moody's downgrades Italy credit rating on debt, deficit concerns

Milan - Moody's has cut Italy's credit rating by a notch over concerns about plans for larger deficits and the high public debt load as the country's populist government clashes with Brussels over its budget.

Italy's Di Maio says budget tampered with to favour 'mafia'

Rome - Italy's deputy prime minister accused an unknown adversary Wednesday of having tampered with the country's budget by secretly introducing tax measures to favour the mafia."A very serious thing has happened! The decree on 'fiscal peace'...

Italy parliament approves budget despite warnings

Rome - Italy's parliament on Thursday approved government budget targets despite deficit warnings by EU and IMF officials.The Senate approved the budget law by 165 votes to 107 and the lower house followed suit, passing it by 331 to 191.

EU commissioner admits crisis 'errors', chides Italy

Paris - European Commissioner for Economic Affairs Pierre Moscovici on Wednesday said "fundamental errors" in dealing with the financial crisis which hit a decade ago had stoked EU political tensions.

Italy cuts deficit targets in concession after EU pressure

Rome - Italy's populist government bowed to pressure from the European Union over its spending plans with an offer Wednesday to taper budget deficit targets beyond 2020, as it looked to reassure nervous markets.

Italian Salvini 'does not care' if EU rejects budget

Rome - Italy's powerful deputy prime minister Matteo Salvini said Saturday "I do not care" if the European Commission rejects a budget plan that would worsen Rome's already mammoth debt burden.

EU slams Italy budget as Rome seeks to avoid 'conflict'

Milan - The European Union on Friday issued a stern warning to Italy's populist leaders following their defiant pledge for increased spending and a sizeable budget deficit that risks putting Rome on a collision course with Brussels.

Italy government agrees to spend big with deficit hike

Milan - Italy's populist government agreed Thursday on a deficit of 2.4 percent of gross domestic product for the next three years in a move which risks setting Rome on a collision course with the European Commission.

Italy spokesman threatens treasury staff over cash for election promises

Rome - A recording has emerged of the Italian government's chief spokesman threatening to "eliminate a tide" of treasury officials unless they find the money for projects, including a basic income grant, promised in March elections.

Italy must present 'credible' budget: EU Commissioner

Paris - Italy must present a "credible budget" for the coming year, EU Commissioner Pierre Moscovici said Thursday, calling the anti-establishment government in Rome a "problem".

Problems pile up for new Spanish PM

Madrid - A million people demand independence in Barcelona and another minister steps down... Problems are piling up for Spain's Socialist Prime Minister Pedro Sanchez.

Lack of funding leaves world's roads in disrepair

Paris - In an age of austerity and budget cutbacks, the deadly bridge collapse in Genoa, Italy, has put the spotlight clearly on the lack of public funding for road networks across the globe, from France and Germany, to the United States and beyond.

HSBC: Earth is running out of the resources to sustain life

We all know everything we use has a limited lifetime. And this includes the Earth's resources, like air, water and the multitude of other things we take for granted. But how fast we are using these resources has become a serious problem.
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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
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
New Jersey s baboon is finally captured.
New Jersey's baboon is finally captured.
The dinner shown cost less than $5.45.
The dinner shown cost less than $5.45.
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
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
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.
The Indiana House of Representatives.
The Indiana House of Representatives.
Associated Press
epic_1b_20170316023357_02Distance to Earth: 1 513 315 km 940 223 miles Distance between DSCOVR and E...
epic_1b_20170316023357_02Distance to Earth: 1,513,315 km 940,223 miles Distance between DSCOVR and Earth.
NASA/DISCOVR
A Coronal mass ejection.
A Coronal mass ejection.
NASA
Untitled
Altogether Fool
Fiscal Year 2009 U.S. Federal Spending – Cash or Budget Basis
Fiscal Year 2009 U.S. Federal Spending – Cash or Budget Basis
wikipedia
Couple on couch  working through their budget.
Couple on couch, working through their budget.
Big Stock Photo
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

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