Budgets News
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By AFP
Washington -
US Defense Secretary Mark Esper on Friday defended Washington's pressuring NATO allies to contribute more money toward their own defense, saying the Western alliance cannot permit "free riders.
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By AFP
Washington -
The United States is getting a new space force along with $738 billion in military spending under an agreement backed by lawmakers on Tuesday that fulfils a priority of President Donald Trump.
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By AFP
Frankfurt Am Main -
The EU's new economy commissioner Paolo Gentiloni said the bloc should consider loosening its strict budget deficit rules to respond to climate risks and weak growth, echoing a similar call by French President Emmanuel Macron.
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By AFP
Washington -
The world's biggest carbon polluting nations should jointly agree to tax emissions at $75 per ton in the next decade to keep climate change at safe levels, the International Monetary Fund said Thursday.
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By AFP
Apo -
The European Commission on Wednesday urged EU states to drop the system of asking for rebates from their budget contributions if and when the UK leaves under Brexit.
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By AFP
Rome -
Italy's president is due to begin a fresh round of talks with discordant political parties on Tuesday aimed at finding a new coalition government and ending a political crisis sparked by the collapse of the ruling populist alliance.
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By AFP
Rome -
After a week in which it seemed Italy could be headed for snap elections, the spectre of an autumn poll appears to have retreated due to two former foes joining forces to defeat a far-right no-confidence bid.
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By AFP
Rome -
Snap elections called for by far-right leader Matteo Salvini would plunge Italy into recession, former Democratic Party (PD) premier Matteo Renzi warned Tuesday, calling instead for a transitional government.
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By AFP
Rome -
Italy plunged into political uncertainty Friday after Interior Minister Matteo Salvini pulled support for the government coalition and called for snap elections while parliament was on summer recess.
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By AFP
Rome -
Speculation that Italy's coalition government could collapse mounted Thursday as tension between its populist leaders peaked over the financing of a multi-billion-euro high-speed train line.
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By AFP
Rome -
Italian lawmakers passed Saturday the populist government's revised 2019 budget before a year-end deadline, despite complaints from the opposition that it was dictated by Brussels and had been rammed through without debate.
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By AFP
Rome -
The Italian Senate on Sunday passed a revised 2019 budget agreed after a tense standoff with Brussels which saw the populist government water down key measures.
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By AFP
Paris -
European Economic Affairs Commissioner Pierre Moscovici said Tuesday he was working to avoid Italy being sanctioned over its 2019 budget, reiterating that Rome and Paris were not being held to two different standards.
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By AFP
Apo -
Seventeen Jordanians were arrested over protests against a controversial fiscal reform, a judicial source in Amman said on Friday.
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By AFP
Berlin -
Germany is taking a softly-softly approach to French President Emmanuel Macron's use of government largesse to calm violent "yellow vest" protests, government sources say, as Berlin puts European stability above fiscal discipline.
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By AFP
Apo -
Exasperated eurozone finance ministers are expected to back Brussels in the row over Italy's budget on Monday, setting the stage for market turmoil not seen since the debt crisis.
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By AFP
Washington -
US spending on intelligence has soared under President Donald Trump, figures released on Tuesday showed, as the government stepped up cyber warfare activities and boosted spying on North Korea, China and Russia.
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By AFP
Apo -
The EU will unveil proposals for a digital tax on US tech giants on Wednesday, bringing yet more turmoil to Facebook after revelations over misused data of 50 million users shocked the world.
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By AFP
Paris -
Leading economists from France and Germany on Wednesday called for new fiscal rules for the eurozone and the creation of an independent watchdog to help to make the single currency more resilient against crises in the future.
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By AFP
Brussels -
They have revolutionised the way we live, but are US tech giants the new robber barons of the 21st century, banking billions in profit while short-changing the public by paying only a pittance in tax?
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By AFP
Port-au-prince -
Protesters brought parts of the Haitian capital Port-au-Prince to a standstill Tuesday, setting vehicles alight and damaging local businesses in violent demonstrations against the government's budget plans.
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By AFP
Paris -
France will meet the EU deficit limit of 3.0 percent of GDP in 2017, the prime minister insisted Thursday, after the public accounts watchdog said it would miss the mark unless it took urgent action."We commit to rein in the deficit to 3.
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By AFP
Brussels -
European tax planners who help rich clients, including sports stars, evade the tax man will risk hefty fines, according to EU plans unveiled on Wednesday.
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By AFP
Washington -
US President Donald Trump's proposed 2018 budget would slash funding for science, health and environmental programs at home and abroad, sparking outcry among experts who say the cuts would endanger the planet.
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By AFP
Bejing -
China will raise defence spending "around seven percent" this year as it guards against "outside meddling" in its disputed regional territorial claims, a top official said Saturday, in an apparent reference to Washington.
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By AFP
Strasbourg -
The European Commission on Tuesday proposed to overhaul rules on benefits for EU migrants in a bid to quell rising anti-immigration sentiment in Europe after the shock Brexit vote.
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Some police departments that outfitted their officers with body cameras are now reversing course and doing away with them, citing state regulations that require a lengthy video storage period as being too costly.
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By AFP
Ginebra -
An unauthorised demonstration over Geneva budget cuts for alternative culture spun out of control late Saturday, with protesters vandalising much of the centre of the Swiss city, police said.
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By AFP
Paris -
France warned Tuesday it won't meet its EU deficit obligations as it steps up spending on security in the wake of the Paris terror attacks.
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By AFP
Madrid -
Spain's government was forced to defend itself Tuesday against claims it polished its outlook for its recovering public finances ahead of a general election.
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Budgets Image
UK: HM Treasury entrance HM Treasury
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