Treasury chief says wars and tariffs are harming the UK’s economic outlook
LIVERPOOL, England — Britain’s Treasury chief warned Monday that wars in Ukraine and the Middle East and economic…
Reeves Faces OBR Fight Over Plan to Scrap UK’s Spring Forecast
UK Chancellor of the Exchequer Rachel Reeves risks a confrontation with the head of the government’s fiscal watchdog…
Germany Eyes Cutting €4 Billion From Industries’ Power Costs
Germany plans to earmark between €3.5 billion to €4 billion ($4.7 billion) to ease the burden of high…
Brazil’s 7.5% Tax Bill Plan Rattles LCA, LCI Markets
Brazil President Luiz Inacio Lula da Silva’s administration is racing to balance public accounts ahead of next year’s…
State Pension payments could be frozen due to soaring costs of Triple Lock uprating
Financial expert Claire Trott suggests further increases to the age of retirement may help control soaring State Pension…
Brazil Pushes EU and China to Join Global Carbon Market Coalition
Brazil is trying to build a coalition of countries, including the European Union and China, to unify carbon…
China Traders Book Argentine Soy After Milei’s Export Tax Break
China-based trading firms snapped up 10 cargoes of Argentine soybeans in a rare buying spree this week, adding…
Rachel Reeves Might Have to Break Her Promises
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
Arnault Says French Wealth Tax Advocate Seeks to Destroy Economy
Bernard Arnault has waded into an ongoing debate on how to restore France’s finances, calling an economist who…
Pound Falls With Gilts as UK Borrowing Soars Above Forecasts
The pound headed for its worst week in more than a month and gilts declined as a report…
Price Hikes Backfire as Tariffs Erode Margins and Demand
Global trade has grown more uncertain, with tariffs hardening into a new economic reality for businesses in the…
Great wealth comes with great responsibility. Can heirs handle it?
US added over 1,000 new millionaires a day last year, says report Wealth grew disproportionately quickly last year…