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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Results for “Federal Budget”
Russia
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.
Brazil
Brazilian justice unseals probe into alleged criminal funding of Bolsonaro biopic
Justice Flávio Dino made the investigation public after police searched material linked to a Bolsonaro biopic, while lawmaker Mário Frias denied directing public funds to the production.
Brazil
Brazil weighs 60-day extension of 12% oil export tax as producers sue
The government argues that energy-route risks still justify the levy, while producers challenge the use of a trade resolution after the original provisional measure expired.
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.
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.
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.
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.
Brazil
Brazil Navy Chief Dismisses US Invasion Fears, Highlights Military Ties
Brazilian Navy Commander Admiral Marcos Sampaio Olsen has dismissed the possibility of a U.S. invasion of Brazil, stating that military-to-military relations remain robust despite diplomatic tensions. In a CNN Brasil interview, Olsen also addressed the January 8 events, political involvement in the armed forces, and budget constraints.