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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23 dispatches found
Results for “Public Spending”
Russia
Asia
Japan and US put munitions production at the centre of regional deterrence
Shinjiro Koizumi and Pete Hegseth linked industrial capacity to denial-based defence while Tokyo prepares to update its security strategy.
Africa
Egypt, Algeria and Tunisia call for simultaneous elections to end Libya's transition
The three neighbours want presidential and parliamentary voting, unified institutions and the withdrawal of all foreign forces under a Libyan-owned UN process.
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.
Russia
Russia's wealthiest provide over 1% of state spending through wartime donations
Budget documents show 471 billion roubles in so-called voluntary contributions after a March meeting with Vladimir Putin, helping limit a deficit swollen by wartime costs.
United States
Trump moves to withhold more than $800 million already approved by Congress
The White House invoked a rarely used pocket-rescission procedure to block spending on immigration, minority business development, education and overseas conservation, drawing a legal objection from a senior Republican senator.
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.
United States
Trump signals review of the US position on Falkland-Malvinas sovereignty
The president said every position remains under review as Washington increases pressure on Britain over defense spending, though the United States has not announced a formal policy change.
Asia
Japan centers new defense budget on drones, artificial intelligence and missiles
The ¥8.9 trillion request for the fiscal year beginning in April 2027 combines uncrewed weapons, longer-range strike systems, AI-enabled command and stronger state support for arms production.
Asia
Taiwan proposes record $35 billion defense budget as pressure from China grows
The 2027 plan would lift military spending by 18% and above 3% of GDP, but it must pass an opposition-controlled legislature after a prolonged budget delay.
Asia
Trump orders reduction of US-South Korea military exercises
The White House tied the cutback to Seoul's refusal to support the Iran war and Trump's outreach to Kim Jong Un, raising questions about allied readiness as North Korea expands its missile arsenal.