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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11 dispatches found
Results for “Fiscal Framework”
Europe
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.
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.
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.
India
India moves to dismantle tax barriers for offshore funds managed onshore
A 2026 tax amendment would scrap investor-count, concentration and minimum-corpus tests for eligible offshore funds, unify treatment inside and outside India's financial services center and extend a broader drive to attract foreign capital.
Oceania
Fiji moves electronic monitoring into offshore fisheries oversight
Fiji completed the first phase of an electronic fisheries monitoring system, installing cameras on selected vessels and building the technical capacity to review video data for more precise oversight of offshore fishing.
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.
Oceania
Australia Faces 12.5 Percent US Tariff Under New Trade Framework
Australia has been placed under a 12.5 percent United States tariff as Washington's new tariff framework replaced a temporary 10 percent levy.
United States
Trump Moves to Replace Temporary Tariffs With New Duties on 60 Trading Partners
The United States plans to impose new 10% to 12.5% tariffs on imports from 60 countries, shifting from temporary worldwide levies to a trade-law framework tied to enforcement of forced-labor restrictions.
Latin America
Bolivia Freezes Fuel Prices for One Year Before New Dollar- and Oil-Linked Formula
Bolivia will keep gasoline, diesel and other fuel prices unchanged for 12 months, then move to a calculation system tied to international oil costs and the average dollar exchange rate, according to a new decree that extends a transitional pricing regime while reshaping the country's energy policy.
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.