Chancellor Blames US-Iran War for a Tougher UK Budget This Autumn
Britain's finance minister, the Chancellor, has warned that this autumn's Budget, the government's plan for taxes and spending, will be difficult.
#fiscal policy
EU lets countries skip deficit rules for energy spending too, through 2028
The European Union limits how much extra debt member countries can take on each year.
Analysis ✳
US, Japan and Latin America all face pressure from government borrowing
The interest rate the US government pays on 30-year debt has hit its highest level since 2007, as investors worry about US debt levels.
Germany ✳
Berlin Pushes Through a Health-Insurance Fix — And Immediately Ends Up in Court
Germany's coalition rammed its health-insurance savings law through the Bundestag, but family doctors call it a fiasco, an SPD state premier is vowing resistance, and the Constitutional Court is now reviewing the process. It's a small fiscal fix with outsized political risk.