Argentina settles U.S. Treasury swap obligation in full
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S....
Tag : Fiscal Policy
PM Modi’s economic vision strengthens India’s GDP at 6.2% in Q3
India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong exports despite global trade uncertainties....
Trump moves to eliminate penny, citing millions in taxpayer losses
Trump directs Treasury to halt penny production, citing high costs. The U.S. Mint loses millions annually, fueling debate over the coin's future amid rising metal...
France’s 2026 public deficit to exceed forecast but stay below 5%
France revises its 2026 public deficit estimate, exceeding earlier forecasts but staying under 5%. The adjustment comes amid efforts to stabilize finances and meet EU...
UK growth forecast slashed as Bank of England lowers rates
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Political instability and budget fears weigh on French business outlook
French business confidence has dropped for the third straight month, hitting its lowest level since July as fiscal uncertainty and political instability impact hiring and...
European Council enforces fiscal rules against seven countries
The European Council has started excessive deficit procedures against seven EU member states to ensure fiscal compliance....
India’s forthcoming budget to focus on strategic progress
India's upcoming budget will reveal how the BJP plans to manage its coalition government and possible fiscal shifts after a narrow electoral win....
Market reacts as 10-year Treasury yields reach new peak
Treasury yields have risen sharply, influenced by the French election results and U.S. presidential election speculations....
US national debt skyrockets to record $34.4 trillion
US national debt hits record $34.4 trillion, raising alarms over fiscal policy and market stability. Experts warn of dire consequences....