Economic & Fiscal

Somalia Approves 24.4% Budget Increase with New Mogadishu Sales Tax
Economic & Fiscal Somalia Approves 24.4% Budget Increase with New Mogadishu Sales Tax

The recent approval by the Council of Ministers of the Federal Republic of Somalia for a substantial increase in the national budget for the fiscal year 2025 marks a significant shift in the country's economic strategy. This new budget, amounting to $1,342,476,311, represents a 24.4% increase

Can British Columbians Afford Higher Taxes Under Eby's Government?
Economic & Fiscal Can British Columbians Afford Higher Taxes Under Eby's Government?

As British Columbians prepare to head to the polls this fall, their financial struggles and calls for government accountability have come into sharp focus. A recent report reveals that many residents are facing substantial financial hardships, sparking debates around tax burdens, government

Will UK Steel Industry Survive Without Extended Trade Protections?
Economic & Fiscal Will UK Steel Industry Survive Without Extended Trade Protections?

The British steel industry is currently at a crossroads, facing a potential crisis that could shape its future for years to come. With existing trade protections set to expire in 2026, UK steelmakers are calling for stronger defensive measures against an expected surge of imported steel. This call

Vietnam Reviews Socio-Economic Gains and Challenges Through 2024
Economic & Fiscal Vietnam Reviews Socio-Economic Gains and Challenges Through 2024

Over the first three quarters of 2024, Vietnam has navigated a labyrinth of global and domestic challenges to achieve notable socio-economic milestones. At the national meeting held on October 7, Prime Minister Pham Minh Chinh led discussions aimed at assessing the country's progress amidst a

Critique of Post-Crisis Financial Regulations and Yellen's Policies
Economic & Fiscal Critique of Post-Crisis Financial Regulations and Yellen's Policies

In the aftermath of the 2008 financial crisis, the U.S. government enacted comprehensive regulatory reforms, prominently encapsulated in the Dodd-Frank Act. However, the effectiveness and necessity of these regulations continue to fuel debates among policymakers and economists. Norbert Michel

Finnish Minister to Strengthen Economic Ties with Denmark in Copenhagen
Economic & Fiscal Finnish Minister to Strengthen Economic Ties with Denmark in Copenhagen

Finnish Minister for Foreign Trade and Development Ville Tavio is set to visit Copenhagen on October 3, 2024, with the primary objective of bolstering commercial and economic ties between Finland and Denmark, as well as promoting foreign investments in Finland. During his visit, Tavio plans to

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