Economic & Fiscal

Are Banks Ready to Integrate Nature-related Risks into Regulations?
Economic & Fiscal Are Banks Ready to Integrate Nature-related Risks into Regulations?

The intersection of the financial sector and environmental sustainability has become increasingly prominent, driven by the now undeniable effects of climate change and nature loss. Governments, central banks, and financial institutions around the world are beginning to understand the urgent need to

Brockville Faces Potential Doubling of 2025 Tax Levy Due to Capital Needs
Economic & Fiscal Brockville Faces Potential Doubling of 2025 Tax Levy Due to Capital Needs

Brockville's city council is grappling with a significant challenge as they consider over 100 proposed capital projects for the 2025 budget. These projects, essential for maintaining and enhancing the city's infrastructure and services, could nearly double the city's tax levy increase. The council

How Can We Achieve High-Quality Economic Growth in Today's World?
Economic & Fiscal How Can We Achieve High-Quality Economic Growth in Today's World?

Economic growth has long been a central focus for policymakers and economists worldwide. Traditionally measured by Gross Domestic Product (GDP), this growth has been the yardstick for a nation's economic health. However, the limitations of GDP as a sole indicator have become increasingly apparent,

How Will District 65 Overcome Its Projected $16.7 Million Deficit?
Economic & Fiscal How Will District 65 Overcome Its Projected $16.7 Million Deficit?

Evanston/Skokie School District 65 is grappling with a formidable financial challenge, facing a projected $16.7 million deficit for the 2026 fiscal year, an obstacle that has sparked intense discussions among officials and community members. The looming deficit demands a range of strategic budget

Can Financial Regulation Balance Vigilance with Innovation?
Economic & Fiscal Can Financial Regulation Balance Vigilance with Innovation?

As Martin Gruenberg, outgoing Chair of the Federal Deposit Insurance Corporation (FDIC), prepares to leave the agency on January 19, his reflections offer a deep dive into the challenges and future of financial regulation. Gruenberg's insights, shared during a discussion with Aaron Klein at the

Governor Moore Proposes Tax Reforms to Address Maryland's Budget Deficit
Economic & Fiscal Governor Moore Proposes Tax Reforms to Address Maryland's Budget Deficit

Governor Wes Moore has unveiled a budget proposal that aims to reform Maryland's tax system while addressing a significant budget deficit. This plan, which Moore posits as a remedy for an inequitable tax system, proposes cuts for the majority of taxpayers but implements tax hikes for the state’s

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