Economic & Fiscal

UK Faces Record Borrowing Levels as Reeves Prepares First Budget
Economic & Fiscal UK Faces Record Borrowing Levels as Reeves Prepares First Budget

The recent surge in government borrowing marks a pivotal moment for Chancellor Rachel Reeves as she gears up to present her inaugural Budget on October 30, 2024. Official statistics reveal that borrowing soared to £13.7 billion in August, surpassing the previous year's figure by £3.3 billion. T

Federal Spending Boosts Incumbent Re-election Odds, Hurts Long-term Economy
Economic & Fiscal Federal Spending Boosts Incumbent Re-election Odds, Hurts Long-term Economy

Federal spending, particularly during times of crisis like the COVID-19 pandemic, has far-reaching implications beyond immediate economic relief. The allocation of federal financial aid has been found to significantly enhance the re-election prospects of political incumbents while posing potential

How Will the 2024 UK Sanctions Regulations Impact Businesses?
Economic & Fiscal How Will the 2024 UK Sanctions Regulations Impact Businesses?

The recently introduced UK legislation, The Trade, Aircraft, and Shipping Sanctions (Civil Enforcement) Regulations 2024, is set to significantly alter the landscape of sanctions enforcement in the UK. These new rules, effective October 10, 2024, enhance the enforcement capabilities of the

Biden's Green Energy Push Faces Economic Criticism Amid Spending Surge
Economic & Fiscal Biden's Green Energy Push Faces Economic Criticism Amid Spending Surge

The Biden administration has quickly funneled billions into green energy and climate initiatives, driven by the looming threat of a potential Republican takeover of the White House. Fearful that a new administration might rescind allocated funds, the current government is racing against time to

Can Saskatchewan Balance Its Budget Without Increasing Debt?
Economic & Fiscal Can Saskatchewan Balance Its Budget Without Increasing Debt?

Saskatchewan's fiscal policies and election promises have become a focal point of intense debate, especially between the New Democratic Party (NDP) and the incumbent government. The issues at hand are complex, involving a delicate balance of tax cuts, government spending, and budget deficits.

FTC Budget Cuts Spark Debate Amid Pessimistic Consumer Sentiment
Economic & Fiscal FTC Budget Cuts Spark Debate Amid Pessimistic Consumer Sentiment

As Congress races to avert a government shutdown by the end of September, the spotlight has turned to proposed funding cuts to the Federal Trade Commission (FTC), sparking concern among consumer advocates and organizations. With House Republicans pushing for a 27% reduction in the FTC's budget

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