Fiscal Challenges - QuikReader

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

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.

Business - The New York Times - 2 days ago

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 - 4 days ago

Lebanon feels it is being punished for a decision Hizbollah made

Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustain

Business - Financial Times - October 16

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 - 5 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 - 5 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 - Yesterday

Fiscal policy was a squabble too far for German coalition’s odd throuple

At times it felt like the three parties thought they were governing three completely different countries. Germany’s coalition government, which collapsed in dramatic fashion on Wednesday night ...

World - The Guardian - Yesterday

Saving for retirement a challenge for the "sandwich generation"

Many people in their 50s are part of the so-called "sandwich generation" of workers who support both young relatives and aging parents.

The King and the protester: The challenges of a royal tour

An Indigenous senator's protest is a reminder of the historical baggage that royal tours can bring.

Examining the election challenge and certification process

Voting will be complete a week from Tuesday, but the 2024 election will not be over. State elections could be contested and some officials could try to deny certification. CBS News congressional ...

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 - November 1

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. - Yesterday

Harris Suggests Trump Is ‘Weak and Unstable’ in Pointed Challenge

Kamala Harris asked why Donald J. Trump had not released his medical records, appeared on “60 Minutes” or agreed to a second debate.

Top stories - The New York Times - October 14

How the U.S. Is Trying to Challenge China's Cobalt Chokehold

Talks over mining company Chemaf in Congo are part of a push by the Biden administration to secure global supplies of a metal used in everything from jet fighters and drones to electric-vehicle ...

World - The Wall Street Journal - October 15

Eliminator Challenge picks: Three teams to use now

NFL survivor pool strategy, predictions and picks for ESPN Eliminator Challenge Week 7.

Sports - ESPN - October 16

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