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
France’s 2026 public deficit to exceed forecast but stay below 5%
The French Ministry of Economy announced that the country’s projected public deficit for 2026 will exceed initial estimates but remain below 5 percent of GDP....
UK growth forecast slashed as Bank of England lowers rates
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%....
Political instability and budget fears weigh on French business outlook
French business confidence has declined for the third consecutive month in December, reaching its lowest level since July, according to the latest data from the...
Ishiba pledges major reforms in Japan following re-election by parliament
MENA Newswire News Desk: Japan’s Prime Minister Shigeru Ishiba committed to advancing political reforms following his re-election by the Japanese parliament on Monday, reaffirming his...
ECB lowers deposit rate to 3.5% as inflation nears target
MENA Newswire News Desk: In a move widely anticipated by economists, the European Central Bank (ECB) cut its key deposit rate by 25 basis points to...
EU deadline extended for Belgium’s budget plans
MENA Newswire News Desk: In a move that underscores ongoing governmental instability, Belgium has postponed the submission of its budget plans to the European Commission, citing...
European Council enforces fiscal rules against seven countries
The European Council, in a move to fortify fiscal discipline within the Union, has initiated excessive deficit procedures against seven member states, signaling a significant...
India’s forthcoming budget to focus on strategic progress
India's upcoming budget presentation by Finance Minister Nirmala Sitharaman on Tuesday is highly anticipated as a beacon of optimism for the country's economic future. With...
Market reacts as 10-year Treasury yields reach new peak
On Monday, benchmark 10-year Treasury yields reached their highest levels since mid-June, starting off a week shortened by the upcoming Fourth of July holiday. This...