France Adopts a Budget After Months of Turmoil
Prime Minister Sébastien Lecornu’s budget, subjected to judicial review, paves the way for relative political stability.
Budgets and Budgeting
U.N. Says It’s in Danger of Financial Collapse Because of Members’ Unpaid Dues
The world body warned it would run out of money by July and have to close its New York headquarters if countries, namely the United States, did not pay annual dues that amount to billions of dollars.
French Prime Minister Sébastien Lecornu Says He Will Pass Budget Without a Vote
Prime Minister Sébastien Lecornu’s effort to force the measure through Parliament opened up his government to a vote of no confidence.
Iran’s Currency Collapse Pushes Protesters to the Streets
High inflation and a currency collapse have squeezed Iranians’ budgets, challenging the country’s leaders.
With New E.U. Loan, Ukraine Avoids Budget Crunch and Can Plan War Effort
The loan will cover two-thirds of the country’s financial needs for the next two years. It also bolsters Ukraine’s position in ongoing peace talks.
Britain Is Preparing for Attacks on Its Soil. Critics Say It Must Move Faster.
As military officials sound the alarm over Russian hybrid attacks, the chair of Parliament’s defense committee said the government’s progress on ramping up home defense was “glacial.”
‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.
France Passes Welfare Budget Law, Giving Government Rare Win
Sébastien Lecornu, the third French prime minister in less than a year, succeeded where his two predecessors failed — at least for now.
‘Don’t Feed the Pig’: The Anti-Corruption Call That Helped Topple a Government
Mass demonstrations in Bulgaria were spurred by spreading outrage over graft that many say was fueling an authoritarian power grab.
U.K. Budget Plan Calms Markets and Labour Faithful. Will It Appeal to Voters?
The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.