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OBR backs chancellor over Budget claims A senior official at the UK's fiscal watchdog has dismissed accusations that Chancellor Rachel Reeves misled the public about the state of the public finan...
UK Chancellor announces £26bn tax rises, ends two-child welfare limit Chancellor Rachel Reeves presented a Budget on Thursday featuring £26 billion in tax increases by 2029-30, including extended...
Transport Secretary Rejects Claims Budget Leaks Harmed Economy Transport Secretary Heidi Alexander has dismissed assertions that pre-Budget leaks have damaged the UK economy, despite warnings fro...
India's election freebies drive victories but strain state finances Cash handouts and material incentives have become a defining feature of India's electoral politics, with recent victories in Bi...
Temporary reprieve after historic 43-day shutdown The longest US government shutdown in history ended this week after 43 days, but the temporary funding deal-set to expire in late January-has lef...
Trump Administration Orders States to Reduce Food Aid Payments The U.S. Department of Agriculture (USDA) has directed states to halt full food assistance payments under the Supplemental Nutrition...
US government shutdown becomes longest in history at 36 days The partial closure of the US federal government entered its 36th day on Wednesday, surpassing the previous 35-day record set in 2019...
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