Economic & Fiscal

Iran Faces Economic Downturn with Rising Debt and Capital Flight
Economic & Fiscal Iran Faces Economic Downturn with Rising Debt and Capital Flight

Last year, Iran experienced notable economic growth sitting at a robust 5%, driven by increased oil exports and governmental spending initiatives. However, according to a forecast from the International Monetary Fund (IMF), this promising trend may be short-lived. The IMF is projecting a

Will Tax Hikes and New Laws Push UK Retailers to Breaking Point?
Economic & Fiscal Will Tax Hikes and New Laws Push UK Retailers to Breaking Point?

The UK retail sector is bracing for a potentially turbulent end to the year as the government contemplates tax hikes that could drastically impact consumer spending during the crucial Golden Quarter. A recent survey conducted by RSM UK paints a grim picture: 42% of consumers and 45% of families are

Ontario Government Criticized for Expensive Corporate Subsidies
Economic & Fiscal Ontario Government Criticized for Expensive Corporate Subsidies

Criticism has mounted against the Ontario government's approach of using taxpayer money to subsidize a diverse array of businesses under the claim of fostering "economic development." Matthew Lau, in his article, sheds light on the 2023-24 Public Accounts, which reveal large sums

Indonesia Targets 7.7% Average Growth Under Prabowo’s Strategic Reforms
Economic & Fiscal Indonesia Targets 7.7% Average Growth Under Prabowo’s Strategic Reforms

Indonesia is setting a bold economic vision under President Prabowo Subianto, with plans to catalyze significant growth and structural transformation. According to Amalia Adininggar Widyasanti, Deputy of Economic Affairs at the Ministry of National Development Planning/Bappenas, the administration

Can Global Economies Survive the High Debt and Low Growth Crisis?
Economic & Fiscal Can Global Economies Survive the High Debt and Low Growth Crisis?

The imminent financial troubles faced by global economies, as highlighted by the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva, are deeply rooted in widespread fiscal irresponsibility. The primary subject of analysis is the daunting economic outlook marked by high p

India-Canada Diplomatic Rift Poses Risks to Trade and Immigration Ties
Economic & Fiscal India-Canada Diplomatic Rift Poses Risks to Trade and Immigration Ties

The recent diplomatic fallout between India and Canada has raised alarms about potential disruptions to crucial trade and immigration ties. The genesis of the tension stems from accusations by Canadian officials implicating Indian government agents in criminal activities within Canada. This

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