Reeves gives OBR veto power over budgets
Shadow Chancellor pledges to give Office for Budget Responsibility unprecedented veto power over major tax and spending decisions, learning from Truss's disastrous mini-budget.
Category : Search result: Seychelles economic crisis
France faces economic meltdown as Macron loses budget control
Exclusive analysis reveals France's looming financial catastrophe as President Macron battles soaring debt, political humiliation, and the threat of economic collapse that could ripple across Europe.
Lake Tahoe's Riva Grill Closes Amid Tourism Crisis
The iconic Riva Grill on Lake Tahoe's shoreline has been forced to shut down permanently, falling victim to California's worsening tourism decline and economic pressures.
IMF Warning: Global Economy Faces Perfect Storm
IMF Managing Director Kristalina Georgieva warns of multiple economic dangers converging simultaneously, urging nations to prepare for turbulent times ahead as growth forecasts darken.
World Bank cancels Seychelles funding amid economic crisis
The Seychelles archipelago confronts a severe economic crisis after the World Bank cancels a $10 million loan, jeopardising vital public services and infrastructure projects across the island nation.
World Bank: Lebanon economy collapsing amid Israel-Hezbollah war
Exclusive: World Bank warns of catastrophic economic consequences for Lebanon as cross-border fighting between Israel and Hezbollah escalates, threatening to plunge the nation into deeper crisis.
Dalio: US Debt Crisis Could Spark Internal Conflict
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
Citi: China Economic Woes Threaten Global Markets
Exclusive analysis reveals how China's deepening financial crisis could trigger worldwide economic contagion, with Citi President warning of significant global repercussions.
Varoufakis's intimate history of Greece in Raise Your Soul
The former Greek finance minister's latest work blends personal memoir with national history, offering a poignant exploration of Greece's economic struggles and enduring spirit.
China's Economic Ambitions Face Mounting Challenges
Beijing confronts significant economic headwinds including trade tensions, property crisis, and demographic shifts that threaten its global dominance ambitions.
True Patriotism: Solving Britain's Cost Crisis
As energy bills skyrocket and household budgets crumble, Keir Starmer's government faces the real test of patriotism - delivering economic security rather than symbolic gestures.
JPMorgan CEO Dimon Issues Recession Warning
JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.
Reeves shatters Treasury fiscal rules in economic reset
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
Britain's alarming slide back to the 1970s crisis era
As Britain faces economic turmoil, political instability and social decay, veteran commentator John Macleod delivers a stark warning about our nation's alarming slide back towards the crisis-ridden 1970s.
Milei's Rockstar Economics Shakes Argentina
Argentina's radical president Javier Milei blends rock concerts with shock therapy economics as the nation grapples with hyperinflation and political turmoil. Discover how the self-proclaimed 'anarcho-capitalist' is rewriting the rulebook on governance.
Tory Economic Credibility in Tatters: Badenoch Cartoon
Ella Baron's biting political cartoon captures the crumbling economic credibility of the Conservative Party as Business Secretary Kemi Badenoch faces mounting criticism over fiscal policy failures.
UK consumer confidence hits 30-year low amid crisis
New research reveals British consumer confidence has hit its lowest level in three decades as inflation and interest rates continue to batter household finances.
Scotland's Full-Time Employment Crisis Deepens
New statistics expose a dramatic decline in Scots working full-time days, with unemployment rising and economic concerns mounting across the nation.
UK family's paradise move to Seychelles
Discover how one British family traded dreary UK weather for permanent sunshine in the Seychelles, transforming their lives in an extraordinary tropical adventure.
Scottish Business Confidence Hits Record Low
New survey reveals overwhelming pessimism among Scottish businesses as economic stagnation bites, with concerns mounting over rising costs and political uncertainty.
Argentina's Economic Crisis Deepens Under Milei
President Javier Milei confronts escalating economic turmoil as inflation soars and social unrest grows, testing his controversial austerity measures in Argentina.
South Korean President's holiday meal sparks economic backlash
President Yoon Suk Yeol faces public backlash after revealing his traditional holiday menu while citizens struggle with rising food prices and economic pressures.
Ex-RBS Chair to Lead Scotland's Economic Advisory Council
Sir Douglas Alexander returns to economic leadership role, appointed to chair Scotland's new Council of Economic Advisors in strategic move to bolster nation's financial future.
Reeves' £2bn bank tax and planning revolution in Budget
Rachel Reeves announces sweeping planning reforms and major bank tax in emergency Budget measures to fill Treasury black hole and kickstart economic growth.
Trump Advisor Warns Shutdown Could Spark Mass Layoffs
Exclusive: Kevin Hassett, former Trump economic advisor, warns that prolonged US government shutdown could trigger widespread job losses and economic turmoil.
Charity to close nearly 50 shops across UK
The British Heart Foundation reveals devastating plans to shut down dozens of charity shops across the UK, blaming economic pressures and declining donations for the unprecedented closures.
UK Inflation Squeeze: Households at Breaking Point
New research reveals the devastating impact of inflation on British families, with essential costs skyrocketing and financial resilience at breaking point.
Morocco rocked by mass protests over economic crisis
Thousands of Moroccans take to the streets in angry demonstrations against economic hardship, unemployment, and government inaction as living costs spiral out of control.
Government Shutdown Costs UK Economy Billions
Fresh economic analysis exposes how political gridlock and government shutdowns are draining billions from the UK economy, with businesses and taxpayers bearing the brunt of Westminster's paralysis.
Australia's Housing Crisis: Mortgage Stress Reaches Breaking Point
Exclusive analysis reveals the deepening mortgage crisis gripping Australian households as interest rates and living costs spiral out of control, creating a perfect storm for homeowners.
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