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fiscal
‘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, 2023
BY
Mary Hong
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, 2023
BY
Reuters
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, 2023
BY
Reuters
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, 2023
BY
Reuters
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, 2023
BY
The Associated Press
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, 2022
BY
Alexander Zhang
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, 2022
BY
Reuters
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, 2022
BY
Bryan Jung
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, 2022
BY
Alexander Zhang
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, 2022
BY
John Moorlach
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, 2022
BY
Reuters
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, 2022
BY
Reuters
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, 2022
BY
Reuters
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, 2021
BY
Isaac Teo
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, 2021
BY
Reuters
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, 2021
BY
Reuters
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, 2021
BY
Reuters
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, 2021
BY
Jason Clemens
and
Jake Fuss
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, 2020
BY
The Canadian Press
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, 2019
BY
Olivia Li
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, 2018
BY
Thomas Del Beccaro
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, 2018
BY
Reuters
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, 2013
BY
Cindy Chan
TOP NEWS
Stretch Armstrong: 6 Morning Exercises to Start Your Day Feeling Invincible
NEW
By
Kevin Shelley
A Second Chance at Home: Wounded Veteran Begins New Chapter in Arizona
1hr
By
Allan Stein
US Begins to Tackle Commercial Maritime Lag as China Hogs Supply Chains
1hr
By
Terri Wu
Lawsuit Seeks to Block Trump’s Planned UFC Match at White House
6hr
By
Aldgra Fredly
Trump Endorsement Pits Newcomer Against Familiar Face in Deep Red Nevada House Primary
6hr
By
John Haughey
Israel Strikes Iran After Tehran’s Missile Attack
10hr
By
T.J. Muscaro
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
10hr
By
Epoch Times Staff
China Ramps Up Patrols Near Taiwan Following Japan–Philippines Border Talks
12hr
By
Dorothy Li
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
14hr
By
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
16hr
By
Jack Phillips