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.
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Results for “Public Budget”
Europe
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.
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.
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.
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.
Africa
Nigeria approves military pay increases of up to 80% for 250,000 personnel
The tiered salary structure will take effect on September 1 and add 264 billion naira to the annual armed-forces wage bill as Abuja confronts insurgency, banditry and kidnapping.
United States
US senators strike early funding deal to keep government open through December
The stopgap bill would maintain most federal spending through December 11, shield Border Patrol funds from transfers and pause a contested White House grant-review rule while Congress negotiates full-year appropriations.
Asia
Bank of Japan opens door to early rate hike as inflation and yen risks intensify
The central bank held its policy rate at 1 percent but warned for the first time that underlying inflation could exceed target, placing the September meeting and further monetary tightening in focus.
India
India calls for faster policy execution as oil, AI and supply chains test resilience
The Finance Ministry tied investment and strategic autonomy to quicker implementation of domestic reforms while warning that sustained high oil prices and a possible El Niño could pressure inflation, public finances and growth.
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.
Latin America
Milei: “Argentines Are Prophets of a Dystopian Future”
Javier Milei used a Bolsonaro-aligned event in São Paulo to cast Argentina as a warning to other countries, linking his domestic political message to a wider regional argument against state intervention and left-wing politics.