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fiscal

  • ‘South Gate’ of Beijing Suspends City Bus Services in a Sign of Growing Local Government Financial Crises
    ‘South Gate’ of Beijing Suspends City Bus Services in a Sign of Growing Local Government Financial Crises
    Baoding, a Chinese city about 90 miles south of Beijing with a population of ten million, suspended several bus line services due to the financial crisis of municipal governments in ...
    July 14, 2023BY Mary Hong
  • US Arms Exports Up 49 Percent in Fiscal 2022
    US Arms Exports Up 49 Percent in Fiscal 2022
    WASHINGTON—Sales of U.S. military equipment to foreign governments rose 49 percent to $205.6 billion in the latest fiscal ...
    January 26, 2023BY Reuters
  • Japan Higher Rates Expand Debt Pile, Balanced Budget Seen Delayed Again
    Japan Higher Rates Expand Debt Pile, Balanced Budget Seen Delayed Again
    TOKYO—Japan raised its estimates for long-term interest rates over the coming few years in government's twice-yearly fiscal projections ...
    January 24, 2023BY Reuters
  • Japan Warns of Dire Finances as BOJ Struggles to Contain Yields
    Japan Warns of Dire Finances as BOJ Struggles to Contain Yields
    TOKYO—Japan's finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday, just as markets test whether ...
    January 23, 2023BY Reuters
  • Opioid Legal Charge Pushes Walgreens to $3.7 Billion Fiscal First Quarter Loss
    Opioid Legal Charge Pushes Walgreens to $3.7 Billion Fiscal First Quarter Loss
    A huge opioid settlement dragged Walgreens to a $3.7 billion loss for the first quarter, but the drugstore ...
    January 5, 2023BY The Associated Press
  • Sunak Vows to Restore UK Economic Stability in ‘Fair and Compassionate Way’
    Sunak Vows to Restore UK Economic Stability in ‘Fair and Compassionate Way’
    New UK Prime Minister Rishi Sunak has pledged to restore economic stability in a way that is “fair ...
    October 26, 2022BY Alexander Zhang
  • A $1 Trillion Headache: China’s Local Fiscal Shortfall Poses Broader Growth Risks
    A $1 Trillion Headache: China’s Local Fiscal Shortfall Poses Broader Growth Risks
    BEIJING—By any account, $1 trillion seems huge. That's the scale of budget shortfalls facing Chinese provinces, reducing their ...
    October 18, 2022BY Reuters
  • IMF Warns of ‘More Frequent and More Disruptive Fiscal Crises Across the World’
    IMF Warns of ‘More Frequent and More Disruptive Fiscal Crises Across the World’
    The International Monetary Fund (IMF) warned of a global fiscal crisis that only underscores the need by developed ...
    October 13, 2022BY Bryan Jung
  • UK Leaders Say They Value Fiscal Scrutiny After Tax Plan Sparked Market Turmoil
    UK Leaders Say They Value Fiscal Scrutiny After Tax Plan Sparked Market Turmoil
    UK Prime Minister Liz Truss and Chancellor Kwasi Kwarteng have said they value the scrutiny from an independent ...
    September 30, 2022BY Alexander Zhang
  • How Did the Pandemic Affect Orange County Cities’ Finances?
    How Did the Pandemic Affect Orange County Cities’ Finances?
    Commentary The COVID-19 lockdown was ordered by Gov. Newsom on March 4, 2020. Seeing South Coast Plaza’s parking ...
    May 27, 2022BY John Moorlach
  • Russia Says Ruble Appreciations Poses No Threat to Fiscal Policy
    Russia Says Ruble Appreciations Poses No Threat to Fiscal Policy
    The recent sharp strengthening of the ruble "does not pose a risk to Russia's fiscal policy," the finance ...
    April 8, 2022BY Reuters
  • German Fiscal Policy to Stave Off Stagflation: Lindner
    German Fiscal Policy to Stave Off Stagflation: Lindner
    BERLIN—The German government will tailor its public spending plans to avoid stagflation in Europe's biggest economy and keep ...
    March 22, 2022BY Reuters
  • Euro Zone Mulls How to Make Governments Respect EU Fiscal Rules
    Euro Zone Mulls How to Make Governments Respect EU Fiscal Rules
    BRUSSELS—Euro zone finance ministers will start a discussion on Monday on how to change the often-broken EU fiscal ...
    January 17, 2022BY Reuters
  • Eighty House Republicans Vote With Democrats to Pass Bill Funding Federal Vaccine Database
    Eighty House Republicans Vote With Democrats to Pass Bill Funding Federal Vaccine Database
    Eighty House Republicans voted with the Democrats to Tuesday to pass the Immunization Infrastructure Modernization Act, which if passed ...
    December 2, 2021BY Isaac Teo
  • US 2021 Fiscal Year Deficit Below Prior Year’s Record, Treasury Says
    US 2021 Fiscal Year Deficit Below Prior Year’s Record, Treasury Says
    The U.S. budget deficit totaled $2.772 trillion during fiscal 2021, below the prior year's record shortfall but still ...
    October 23, 2021BY Reuters
  • Japan’s Aso Urges Joint Monetary, Fiscal Policies to Spur Inflation
    Japan’s Aso Urges Joint Monetary, Fiscal Policies to Spur Inflation
    TOKYO—Japanese Finance Minister Taro Aso called on Tuesday for a combination of monetary and fiscal policies to help ...
    September 28, 2021BY Reuters
  • French Fiscal Watchdog Sees Smaller Deficit Than Expected by Government
    French Fiscal Watchdog Sees Smaller Deficit Than Expected by Government
    PARIS—France's public sector budget deficit is likely to come in smaller than expected this year and any extra ...
    September 22, 2021BY Reuters
  • 2021 Federal Budget Spends Large on Canada’s Credit Card
    2021 Federal Budget Spends Large on Canada’s Credit Card
    Commentary The 2021 federal budget released on April 19 solidifies the legacy of the Trudeau government—it pays for ...
    April 21, 2021BY Jason Clemens and Jake Fuss
  • Tories, NDP at Odds Over Government Spending as Liberals Prepare Fiscal Snapshot
    Tories, NDP at Odds Over Government Spending as Liberals Prepare Fiscal Snapshot
    OTTAWA—Opposition parties have laid out their demands for the federal Liberal government as Ottawa prepares to update Canadians ...
    July 6, 2020BY The Canadian Press
  • China’s Fiscal Problem: Paying Billions of Dollars for Party Officials’ Salaries
    China’s Fiscal Problem: Paying Billions of Dollars for Party Officials’ Salaries
    An article has recently made the rounds on the Chinese internet, whereby it estimates that there are 48.9 ...
    January 29, 2019BY Olivia Li
  • California Faces Fiscal Free-for-All If Gavin Newsom Wins
    California Faces Fiscal Free-for-All If Gavin Newsom Wins
    Are you a Democrat running for office, or already in office, like California’s Gavin Newsom? Then you better ...
    October 26, 2018BY Thomas Del Beccaro
  • Malaysia May Set New Taxes, Sell Assets to Pay Heavy Debt
    Malaysia May Set New Taxes, Sell Assets to Pay Heavy Debt
    KUALA LUMPUR—Malaysia's Finance Minister Lim Guan Eng said on Oct. 9 that maintaining earlier fiscal targets would be ...
    October 9, 2018BY Reuters
  • Risks Remain Despite Fiscal Cliff Deal: Flaherty
    Risks Remain Despite Fiscal Cliff Deal: Flaherty
    Canada welcomed Washington’s fiscal cliff deal but warned that risks remain that threaten the U.S. economy.
    January 2, 2013BY Cindy Chan
TOP NEWS
  • Stretch Armstrong: 6 Morning Exercises to Start Your Day Feeling Invincible
    NEW By Kevin Shelley
    Stretch Armstrong: 6 Morning Exercises to Start Your Day Feeling Invincible
  • A Second Chance at Home: Wounded Veteran Begins New Chapter in Arizona
    1hr By Allan Stein
    A Second Chance at Home: Wounded Veteran Begins New Chapter in Arizona
  • US Begins to Tackle Commercial Maritime Lag as China Hogs Supply Chains
    1hr By Terri Wu
    US Begins to Tackle Commercial Maritime Lag as China Hogs Supply Chains
  • Lawsuit Seeks to Block Trump’s Planned UFC Match at White House
    6hr By Aldgra Fredly
    Lawsuit Seeks to Block Trump’s Planned UFC Match at White House
  • Trump Endorsement Pits Newcomer Against Familiar Face in Deep Red Nevada House Primary
    6hr By John Haughey
    Trump Endorsement Pits Newcomer Against Familiar Face in Deep Red Nevada House Primary
  • Israel Strikes Iran After Tehran’s Missile Attack
    10hr By T.J. Muscaro
    Israel Strikes Iran After Tehran’s Missile Attack
  • America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
    10hr By Epoch Times Staff
    America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
  • China Ramps Up Patrols Near Taiwan Following Japan–Philippines Border Talks
    12hr By Dorothy Li
    China Ramps Up Patrols Near Taiwan Following Japan–Philippines Border Talks
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    14hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    16hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
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