Deloitte: Australia Faces 'Decade of Deficits' Without Tax Reform
A new report warns Australia faces budget deficits 'as far as the eye can see' without bold tax reforms, including an inheritance tax. Read the key proposals.
Category : Search result: trade deficit
Putin Visits India to Strengthen Strategic Ties
Russian President Vladimir Putin arrives in New Delhi for a state visit aimed at bolstering defence and economic cooperation with India, amid Western pressure over Ukraine. Read the full analysis.
Macron in China for trade and Ukraine talks with Xi
French President Emmanuel Macron begins a three-day state visit to China, aiming to rebalance trade ties and seek Beijing's influence on Russia regarding the Ukraine war. Follow the latest diplomatic developments.
Chicago Proposes $1.25 Package Fee in Budget Battle
Chicago lawmakers propose a $1.25 delivery fee and doubled rubbish charges to tackle a $1.15bn deficit, clashing with the mayor over migrant spending. Discover the budget battle details.
OBR Chair Resigns as Fiscal Forecasts Spark Political Row
Richard Hughes, chair of the Office for Budget Responsibility, has resigned. The move follows intense scrutiny of the watchdog's economic forecasts and exposes the government's delicate balancing act between political promises and market demands.
Swinney: Reeves 'misled public' over UK finances
Scotland's First Minister John Swinney claims Chancellor Rachel Reeves misled the public on the fiscal situation ahead of the Budget. Labour ministers deny the allegations.
Reeves' £26bn Tax Hike Based on False Deficit Claim
Chancellor Rachel Reeves claimed a £20-30bn deficit to justify a £26bn tax raid. OBR data shows a £4.2bn surplus. Questions mount over her integrity and economic trust.
Starmer backs Reeves amid Budget deficit controversy
Keir Starmer supports Rachel Reeves' Budget decisions despite OBR scrutiny over deficit claims. Chancellor faces allegations of misleading voters about fiscal black hole.
Reeves faces budget row over OBR deficit claims
Chancellor Rachel Reeves defends budget amid controversy over deficit statements. OBR revelations spark opposition calls for investigation. Follow latest developments.
Starmer backs Budget as Reeves faces scrutiny
Keir Starmer supports the Budget while Rachel Reeves faces scrutiny over pre-Budget deficit claims. Opposition calls for FCA investigation into fiscal forecasts.
UK government borrowing soars ahead of budget
UK public finances show higher-than-expected borrowing of £17.4bn in October, creating a major challenge for Chancellor Rachel Reeves' upcoming budget statement. Read the full analysis.
Russia's wartime economy slows, taxes rise
Russia's wartime economy slows, forcing the Kremlin to raise VAT and other consumer taxes. Discover the impact on ordinary Russians and the budget deficit.
Trump lifts tariffs on Australian beef imports
The Australian government welcomes the removal of US tariffs on beef and agricultural exports, a decision reversing Trump's earlier policy amid inflation concerns.
Doctor's No-Food-Ban Diet Plan for Weight Loss
Leading obesity expert Dr Spencer Nadolsky reveals why he bans no foods for patients. Discover his calorie-deficit strategy and the Mediterranean diet's role in sustainable weight management.
Romania protests: Thousands rally against austerity
Thousands protest in Bucharest demanding higher wages and tax cuts as the government enforces austerity to tackle the EU's high budget deficit. Read the full story.
Canada's deficit soars in pre-emptive Trump tariff defence
Mark Carney's government unveils massive spending package, adding tens of billions to deficit in pre-emptive strike against potential Trump tariffs. Analysis of Canada's economic defence strategy.
Malaysia Defends Trump Trade Deal Amid Criticism
Malaysian government officials have launched a robust defence of their new trade agreement with the Trump administration, dismissing criticism as 'misguided' while highlighting potential economic benefits for Southeast Asia.
Farage's Tax Reforms Create £40bn Budget Hole
Reform UK's manifesto pledges would create massive budget shortfall requiring severe spending cuts or tax rises elsewhere, according to IFS analysis of Nigel Farage's economic plans.
Britain Bottom of Global Nature Connection Ranking
Groundbreaking research reveals Britain sits at the bottom of a global ranking measuring people's connection to nature, with serious implications for wellbeing and environmental action.
UK Among Nations With Weakest Nature Connection
Groundbreaking global study exposes which populations feel most disconnected from nature, with UK residents showing alarmingly low levels of environmental engagement.
Britain among world's least nature-connected nations
Shocking new research shows Britain has one of the lowest levels of nature connection globally, while Nepal tops the chart. Discover why urban living and modern lifestyles are creating a nature deficit.
Ireland faces €13.4bn corporate tax shortfall
Ireland's Department of Finance confronts a staggering €13.4bn corporate tax shortfall as tech and pharmaceutical giants see profits decline, threatening the nation's economic stability.
Senators Defy Trump in Brazil Tariff Rebellion
In an extraordinary political confrontation, US senators have passed legislation to scrap President Trump's controversial tariffs on Brazilian goods, marking a significant bipartisan challenge to his escalating trade policies.
Reeves Confronts £50bn Fiscal Black Hole
New Chancellor Rachel Reeves inherits a staggering £50 billion budget shortfall, with experts warning of potential income tax and VAT increases to fill the Treasury void.
Australia's $80bn Budget Crisis: PM's Emergency Moves
Exclusive analysis reveals Australia's budget deficit has ballooned to $80 billion, forcing the Prime Minister into emergency talks with crossbenchers while facing fierce political backlash.
Reeves faces £30bn budget black hole shock
Chancellor Rachel Reeves confronts staggering £30bn fiscal shortfall in first major Treasury briefing, forcing tough decisions on public spending and economic strategy.
US-China Trade Framework Deal Ahead of Xi-Trump Meeting
In a major diplomatic breakthrough, the United States and China have agreed on a comprehensive trade framework, setting the stage for a landmark meeting between Presidents Trump and Xi Jinping that could reshape global economic relations.
Trump threatens Canada with total tariff war
Donald Trump considers imposing blanket tariffs on all Canadian imports, reviving protectionist strategies reminiscent of 1980s trade battles that could severely impact UK economic interests.
Trump threatens 25% tariffs on Canadian steel
Former President Donald Trump threatens to reignite trade tensions with a 25% tariff on Canadian steel, risking collateral damage to UK manufacturing and global supply chains.
Trump terminates Canada trade talks, Rubio confirms
In a dramatic diplomatic move, former President Donald Trump has ordered the complete cessation of all trade talks with Canada, with Senator Marco Rubio confirming the sudden breakdown in relations between the two neighbouring nations.
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