Philadelphia Federal Reserve Bank President John Harker said on Thursday that a default on U.S. Treasuries caused by political turmoil over the federal debt ceiling and budget deficit would be disastrous. Photo courtesy of the US Congress. February 2022 (2023 REUTERS/Tom Brenner) [１０日 ロイター] – Philadelphia Federal Reserve Bank President John Harker said on Thursday … Read more
NEW YORK (Reuters) – Rookie Republican Congressman George Santos (pictured), who has faced calls for his resignation over false credentials, did not attend the White House welcome party on Wednesday. FILE PHOTO: Washington, D.C., 2023. REUTERS/Jonathan Ernst [ワシントン ２４日 ロイター] – Rookie Republican congressman George Santos, whose resignation is being called for, did not attend … Read more
January 4 Taiwan Executive Yuan Su Chung-chang (equivalent to the prime minister) announced on the 4th that it plans to provide all Taiwanese residents with a cash payment equivalent to about US $200. This picture was taken in Keelung, Taiwan April 2022. REUTERS/I-Hwa Cheng TAIPEI (Reuters) – Taiwan plans to provide all Taiwanese residents with … Read more
November Consumer Price Index (CPI) data from the US Department of Labor has fueled speculation in money markets that the US Federal Reserve (Fed) will further slow interest rate hikes as early as next year. Photo taken March 2019 (Reuters 2022/Leah Millis)¥ [１３日 ロイター] – The US Department of Labor’s November Consumer Price Index (CPI) … Read more
(Reuters) – Russia plans to spend nearly a third of its budget next year on defense and internal security. Budgets allocated to schools, hospitals and roads will be cut to finance the maintenance of military operations in Ukraine. Russia will spend nearly a third of its budget next year on defense and internal security, according … Read more
WASHINGTON (Reuters) – Top Democrats in the U.S. House of Representatives said on Nov. 13 that they would address the debt ceiling issue in the coming weeks, not waiting for the new Congress to take office in January after the party held its ground. majority in the Senate in the midterm elections. FILE PHOTO: Sharm … Read more
Finance Minister Shunichi Suzuki said at a meeting of the House of Representatives Committee on Finance and Financial Affairs on the morning of the 2nd that it is true that the size of the supplementary budget has increased recently and that the fiscal situation is becoming more serious, and he called for fiscal consolidation and … Read more
On 6 October, Brazilian President Jair Bolsonaro unveiled plans to tax dividends to finance debt relief for certain individuals and companies and to finance social security. FILE PHOTO: Brasilia 4 May 2022. REUTERS / Adriano Machado [ブラジリア ６日 ロイター] – On Thursday, Brazilian President Jair Bolsonaro launched a plan to tax dividends to finance the … Read more
EU finance ministers have agreed to integrate Ukraine aid into the EU budget for 2023 to make spending more systematic and predictable, European Commission Vice-President Dombrovskis said. REUTERS / Yves Herman / photo file BRUSSELS (Reuters) – EU finance ministers agreed on Wednesday to integrate EU aid to Ukraine into the 2023 budget to make … Read more
Several economists have argued that the collapse of the pound and UK bonds is unlikely to restore investor confidence unless Finance Minister Kwartengu has withdrawn his incentive package. A photo of a one pound note. May 2022. REUTERS / Dado Ruvic LONDON (Reuters) – The collapse of the pound and British bonds are unlikely to … Read more