Russia
Russia widens its tax net as war spending drains financial buffers
Mining profits, investment income, online imports and foreign-company assets are targeted as the budget deficit exceeds revised plans.
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26 dispatches found
Results for “Fiscal Policy”
Russia
Latin America
Security-first politics pushes economic development down Latin America's agenda
Crime dominates voter concerns as new governments inherit large deficits, high debt and slow growth that restrict their room for security spending.
United States
Salvadorans retain US temporary protection while administration delays final decision
Washington said Salvadoran TPS holders will remain protected until a further announcement, postponing an expiration that threatened the legal status and work authorization of roughly 170,000 people.
China
China sets 2030 targets for 'little giants' in drive for jobs and technological autonomy
A five-year plan issued by ten central agencies will channel research programs, bank credit, market financing and long-term capital toward specialized small firms, with measurable 2030 targets.
Europe
Costa launches EU capitals tour to seek 2028–34 budget deal
The European Council president is testing compromises on the nearly €2 trillion plan as governments remain divided over its size, priorities and funding.
China
China's Q2 Slowdown Deepens the Export-Imbalance Puzzle
Growth slowed to 4.3 percent in Q2 2026 as investment and consumption weakened, while exports remained the main support for activity.
Africa
Zimbabwe opens a new land-reform chapter with three routes for disputed farms
The government will return 67 treaty-protected farms, restore 840 properties acquired in error and let 409 remaining white farmers buy occupied land, while insisting redistribution is irreversible.
India
India's retail inflation rises to 4.45% as food and fuel pressures build
July inflation moved further above the central bank's 4% target, with food prices rising 5.52%, while the RBI still sees limited evidence that the pressure has spread broadly through the economy.
Latin America
Argentina's Resource Boom Puts Provinces at the Center
Rising hydrocarbon and lithium output gives Argentina's provinces a chance to turn royalties into long-term assets, but past funds show how easily windfalls can disappear.
Russia
Putin cites slower Russian inflation while acknowledging signs of labor-market weakness
The Russian president said annual inflation had eased to 8.8 percent by the end of July 2025 and could reach 6 to 7 percent by year-end, while warning that both recorded and concealed unemployment were beginning to rise.
United States
U.S. Fiscal Policy Turns Mildly Restrictive in Q2
The fiscal impact measure showed tax and spending policy subtracting 0.2 percentage points from real GDP growth in the second quarter of 2026.
Latin America
Pope Leo's Argentina visit draws hope amid austerity and household debt
The first papal trip to Argentina in nearly four decades will take place as the Catholic Church warns about declining living standards, weaker wages and pensions, and the burden of debt on vulnerable households.