Lebanon drafts law to address funding shortfalls in financial system
Draft law aims to address Lebanon’s funding shortfalls, repay depositorsDepositors to recover money through instalments and asset-backed securitiesInternational…
Explainer: Venezuela’s billions in distressed debt: who is in line to collect
Investors speculate on recovery values amid political and economic instabilityU.S. sanctions, lack of IMF involvement, among restructuring obstaclesVenezuela’s…
Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay
SAO PAULO, Dec 17 (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Wednesday that if…
Trump administration unlawfully canceled disaster prevention program, US judge rules
Item 1 of 2 U.S. District Court Judge Richard Stearns attends the Investiture Ceremony for U.S. District Judge…
European Commission to move ahead with proposal to use Russia’s frozen assets for Ukraine, sources say
BRUSSELS, Dec 3 (Reuters) – The European Commission plans to make a legal proposal this week to use…
Bulgaria’s government withdraws 2026 draft budget after protests
Item 1 of 3 A drone view shows protesters gathering during a demonstration organised by Bulgaria’s opposition PP-DB…
UK budget watchdog head quits over early release of Reeves’ budget
Item 1 of 2 Britain’s Chancellor of the Exchequer, Rachel Reeves, holds up the traditional red ministerial box…
Top Russian banker says the EU faces 50 years of litigation if it takes Russia’s frozen assets
MOSCOW, Dec 1 (Reuters) – Top Russian banker Andrei Kostin said that Moscow would retaliate if the European…
Thousands rally in Bulgaria against 2026 budget, clash with police
Item 1 of 3 A drone view shows protesters gathering during a demonstration organised by Bulgaria’s opposition PP-DB…
UK’s Starmer says he is proud of budget and public was not misled
Starmer expresses pride in last week’s budgetPM defends his finance minister, Rachel ReevesPM says his government did not…
UK announces new tax on expensive homes from 2028
LONDON, Nov 26 (Reuters) – Britain announced a new annual tax on homes worth more than 2 million…
UK to raise dividend, property and savings tax rates by 2 percentage points
LONDON, Nov 26 (Reuters) – Britain’s government will increase tax rates on dividends, property and savings by 2…