Governments Fiscal Discipline

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

Canadiens: No Discipline, No Big Shock

There will be no discipline against Jacob Trouba following his hit on Justin Barron in the Montreal Canadiens vs. New York Rangers game on Thursday night and it shouldn't come as a shock to anybody.

Sports - Yahoo Sports - October 23

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

Sources: NHL won't discipline Rangers' Trouba

Rangers defenseman Jacob Trouba will not receive any supplemental discipline for his hit on Canadiens defenseman Justin Barron, sources told ESPN.

Sports - ESPN - October 23

SEC outlines discipline for fake injury 'nonsense'

SEC commissioner Greg Sankey sent a memo this week to league athletic directors and head football coaches outlining the punishment if players continue to fake injuries in games.

Sports - ESPN - November 2

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 - 6 days ago

Tennessee judges say doctors can't be disciplined for providing emergency abortions

A three-judge panel has ruled that Tennessee cannot discipline doctors who provide emergency abortions to protect the life of the mother while a lawsuit challenging the state’s sweeping abortion ...

Health - ABC News - October 17

Tennessee court rules doctors who provide emergency abortions can't be disciplined

Three judges in Tennessee issued an injunction that temporarily protects doctors in the state from being disciplined for performing medically necessary abortions. The temporary injunction was ...

Politics - The Hill - October 18

Parents of Massachusetts high schooler disciplined for using AI sue school

The parents of a high school senior in Massachusetts argued in federal court in Boston that their son was unfairly punished for using artificial intelligence while researching a history project, ...

Tech - ABC News - October 22

Arsenal has a discipline issue and it could cost the team the Premier League title

Arsenal has a discipline problem and it might yet cost Mikel Arteta’s team a shot at the English Premier League title

Sports - ABC News - October 24

Yankees' Aaron Judge attributes World Series struggles to lack of plate discipline

Aaron Judge went hitless again this postseason and his struggles are a big reason why the Yankees are down in the World Series and he knows it.

Sports - Yahoo Sports - October 27

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 - November 5

China’s $1.4tn fiscal package fails to excite

Beijing unveils fiscal stimulus to help shore up its faltering economy

World - Financial Times - 2 days ago

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

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 - November 4

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 - November 4

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 - 5 days ago

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 - 5 days ago

Will Friedrich Merz get Germany to abandon its fiscal fetish?

Opposition leader in pole position to become chancellor will inherit controversial ‘debt brake’

Business - Financial Times - 2 days ago

This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline

The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.