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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14 dispatches found
Results for “Public Debt”
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.
Europe
French school protests spread as clashes close about 400 high schools
High-school students demanding better classrooms, staffing and funding clashed with police across France, while the government combined mass arrests, closures and promises of dialogue amid escalating violence.
India
India's rupee and bonds face renewed pressure as oil rises and Iran diplomacy fades
Elevated oil prices, multi-year highs in global yields and growing expectations of an RBI rate increase left Indian markets exposed during a holiday-shortened week, despite continuing central-bank support.
Global
Delcy Rodríguez leaves New York without major deals or a firm Venezuelan election date
Venezuela's interim president gained visibility and briefly met Donald Trump at the UN, but announced no debt, energy or mining agreements and left the timetable for promised elections unresolved.
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.
Brazil
Flávio Bolsonaro campaign drafts debt-linked spending rule for Brazil
The presidential candidate's advisers are considering progressively tighter limits on real federal spending as public debt rises, including a possible freeze above 80 percent of GDP and an adjustment worth 1.5 percent of output.
Middle East
Syria and Russia recast Hmeimim and Tartous presence under new framework
A memorandum transfers designated civilian facilities to Damascus and turns Russian military sites into joint training centers, preserving Moscow's access while reducing the exceptional privileges attached to its former bases.
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.
Europe
EU directs €1.4 billion in Russian-asset profits to Ukraine financing and military aid
The latest allocation will send €1.33 billion to a mechanism servicing G7 and EU loans to Kyiv and €70 million to military assistance, while the immobilised central-bank principal remains untouched.
Africa
IMF releases final $371 million after Ghana completes reform review
The final payment completes a $3 billion program that reduced inflation and improved reserves and debt indicators, although the central bank received a waiver for a temporary performance breach.
Asia
Japan Turns to Multiyear Budgets to Anchor a ¥370 Trillion Investment Strategy
Prime Minister Sanae Takaichi is linking Japan's long-term growth strategy to a multiyear budget framework designed to give strategic industries greater certainty. The plan seeks to mobilize ¥370 trillion in public and private investment through fiscal 2040 while preserving confidence in the country's public finances.