China Plans Stronger Fiscal Policy in Coming Years Amid Slowdown
China’s Finance Minister Lan Fo’an pledged to implement a stronger and proactive fiscal policy over the next five…
China Deploys ‘Big Data’ in Crackdown on Overseas Trading Income
Chinese authorities stepped up efforts to collect taxes from citizens with overseas investment income as part of a…
Mark Carney to Unveil Debt-Fueled Canadian Budget to Revamp Economy
Mark Carney was elected prime minister with a mandate to transform Canada’s economy. Now he needs to assure…
France’s Political Turmoil Hits Private Sector
France’s private sector unexpectedly contracted as wrangling over the budget prolonged fiscal uncertainty for Europe’s second-largest economy. S&P…
Oil Recovery to Determine Saudi Fiscal Trajectory, IMF Says
Saudi Arabia’s fiscal and current accounts would benefit most from a rebound in oil prices and production, according…
France Gets Debt Warning as S&P Downgrades in Unscheduled Move
S&P Global Ratings downgraded France, dealing another blow to the country’s credibility as a weakened minority government struggles…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…
Record Tariff Take Helps Trim US 2025 Deficit to $1.78 Trillion
The US budget deficit declined slightly for the 2025 fiscal year as tariff revenue hit a record high,…
Memorial Sloan Kettering to Cut Hundreds of Jobs as Costs Surge
Memorial Sloan Kettering Cancer Center is planning to cut less than 2% of its workforce as it faces…
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch…