Face Fiscal - QuikReader

Trump Agenda Faces a Fiscal Reckoning

Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

Business - The New York Times - 17 hours ago

Trump’s Tax Proposals Face a Fiscal Reckoning

Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

Top stories - The New York Times - 11 hours ago

Europe’s fiscal tug of war

Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovation

World - Financial Times - October 26

China’s investors are counting on fiscal stimulus

Recent market rally will peter out without decisive policy action to boost the economy

World - Financial Times - October 16

Why chancellors need fiscal rules

Rachel Reeves’s new set-up frees up capital spending but her ability to reap benefits depends on many other things

Business - Financial Times - October 25

Peering inside a (fiscal) black hole

Come for the snark, stay for the Soundgarden puns

World - Financial Times - November 1

Starmer to pledge to ‘embrace fiscal reality’ in the Budget

UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’

Business - Financial Times - October 27

The elusive pivot from monetary to fiscal tightening

IMF wants lower interest rates and government deficits. That looks unlikely

World - Financial Times - October 29

The UK gets it wrong again on fiscal rules

You’re a little much for me, public sector net financial liabilities

World - Financial Times - 2 days ago

Chinese stocks gain after Beijing lays out fiscal plans

Government plans to increase spending to boost world’s second-largest economy

Business - Financial Times - October 14

FirstFT: Musk backs Trump election bid with $75mn donation

Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capital

World - Financial Times - October 16

U.S. budget deficit in fiscal 2024 swells to third-highest level on record

The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government’s spending continued to swamp revenue.

Business - MarketWatch - October 19

Why Xi Jinping changed his mind on China’s fiscal stimulus

After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?

Business - Financial Times - October 22

My fiscal rules will provide the stability on which growth depends

Britain faces a choice between investment or decline

Business - Financial Times - October 24

Reeves confirms change to UK fiscal rules to help fund £20bn of annual investment

Chancellor promises in FT to avoid ‘falls in public sector investment’ planned by Tories

Business - Financial Times - October 24

Jeremy Hunt attempts to block watchdog report on £22bn ‘fiscal hole’

Former chancellor argues publication on Budget day will be used by Labour as ‘political weapon’

Business - Financial Times - October 29

UK’s rising fiscal burden narrows tax gap with Europe

Britain’s fiscal picture is closer to EU averages than it has been for decades

Business - Financial Times - October 30

Barclays’ chief defends Reeves as business criticises Budget tax rises

Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job losses

Business - Financial Times - October 31

China’s lawmakers gather to approve long-awaited fiscal stimulus

Local governments have been weighed down by trillions of dollars of debt

World - Financial Times - 3 days ago

BoE expected to cut interest rates despite looser fiscal policy

UK central bank focused on longer-term picture of slowing inflation even as Budget predicted to increase near-term demand

World - Financial Times - 4 days ago

China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt

Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.

Business - CNBC - 1 hour ago

A U.S. fiscal crisis would happen incredibly quickly — and there’s no way to predict when, says head of budget watchdog

The U.S. fiscal backdrop is “structurally unsound,” but no one knows when or if financial markets might force change, says president of the bipartisan Committee for a Responsible Federal Budget.

Business - MarketWatch - October 24

Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst

The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressures

Business - MarketWatch - October 25

Europe can learn fiscal lessons from the UK on how to achieve its goals

A co-ordinated reform agenda is crucial if the EU is serious about becoming a climate leader and geopolitical player

Business - Financial Times - 6 days ago

Small Business Administration-Backed Financing Rose to $56 Billion in Fiscal Year 2024

Smaller loans made up for much of the additional funding.

Business - Inc. - 2 hours ago

Face the Nation: Frost, Salvanto

Missed the second half of the show? The latest on...Rep. Maxwell Frost of Florida has signed a letter urging Congress to return from recess to replenish relief funds, telling "Face the Nation with ...

Face the Nation: Lawler, Whelan

Missed the second half of the show? The latest on...Republican Rep. Mike Lawler of New York, who represents a district heavily targeted by Democrats, tells "Face the Nation with Margaret Brennan" ...

The Dilemma Iran’s Leader Faces

Iran’s Supreme Leader now faces a critical choice: whether to pursue nuclear weapons.

Top stories - The New York Times - October 24

10/27: Face the Nation

This week on "Face the Nation with Margaret Brennan," Republican vice-presidential candidate JD Vance discusses Russian disinformation campaigns and the Trump-Vance ticket's "women problem." Plus, ...

The new face of European illiberalism

Prime Minister Robert Fico has tightened his grip on Slovakia using Hungarian leader Viktor Orbán’s playbook as inspiration

World - Financial Times - October 31

FirstFT: Partner pay at US law firms hits record levels

Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programme

World - Financial Times - October 25

Why Georgia’s EU future is on the ballot in historic parliament vote

Also in this newsletter: Russian migrant-smuggling ring busted