government-funding
Top StoriesRace to Lead UK Heats Up, Ex-Finance Minister Sunak’s Lead Narrows
Top StoriesHungary Approves 2023 Budget and Deficit Cuts After Pre-Poll Spending Spree
Top StoriesPoland to Give Households One-Off Payment to Offset Rising Coal Prices
Top StoriesUK Parliamentary Committee Requests Documents for Investigation Into PM Johnson
Latest Research Finds That Government Debt Is Set to Soar a Record $71 Trillion in 2022
Date: July 15, 2022
In the most recent Sovereign Debt Index published today, British Asset Manager Janus Henderson predicted a 9.5% rise in global government debt. This aligns with similar trends of fresh borrowing, which is also set to remain elevated this year. In 2021, global government debt jumped by 7.8% to $65.4 trillion as countries saw borrowing debits....
Draghi Meeting President as Italian Government Faces Collapse
Date: July 14, 2022
By Giuseppe Fonte and Angelo Amante ROME (Reuters) -Italian Prime Minister Mario Draghi’s coalition government appeared on the brink of collapse on Thursday after the 5-Star Movement, one of its members, failed to support a parliamentary confidence vote including measures to offset the cost of living crisis. Within minutes of the vote, Draghi headed to...
Sri Lankan President Flees to Maldives, Protesters Storm Prime Minister’s Office
Date: July 13, 2022
By Devjyot Ghoshal, Waruna Cudah Nimal Karunatilake and Uditha Jayasinghe COLOMBO (Reuters) -Sri Lankan President Gotabaya Rajapaksa fled to the Maldives on Wednesday amid a popular uprising brought on by an economic collapse, bringing to an apparent end his family’s near two-decade dominance of the country. But his decision to leave his ally Prime Minister...
Italy’s Government Faces Collapse if 5-Star Pulls Out
Date: July 13, 2022
By Giuseppe Fonte ROME (Reuters) – Italian Prime Minister Mario Draghi’s broad coalition government faced the risk of collapse on Wednesday if the 5-Star Movement carried out its threat to pull out, raising the prospect of an early election. Senior figures in 5-Star, led by former prime minister Giuseppe Conte, met on Wednesday to decide...
Eight Hopefuls Wanting to Be Next UK PM Face First Vote to Narrow Field
Date: July 13, 2022
By Michael Holden LONDON (Reuters) – Conservative lawmakers will vote on Wednesday to narrow the field of eight candidates hoping to succeed Boris Johnson as party leader and prime minister, as rival camps trade barbs in an increasingly fractious contest for the leadership. Three of the 11 initial challengers for the premiership fell away on...
‘No Ultimatums’ From Coalition, Italy’s PM Draghi Says
Date: July 12, 2022
By Angelo Amante and Giuseppe Fonte ROME (Reuters) – Italian Prime Minister Mario Draghi said on Tuesday he would leave office if the 5-Star Movement pulls out of his coalition, and called on parties supporting him to stop launching “ultimatums” to his government. 5-Star leader and former Prime Minister Giuseppe Conte last week tabled a...