Tag : Fiscal Policy

Argentina completes repayment under U.S. currency swap facility
Business

Argentina settles U.S. Treasury swap obligation in full

manamalive.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025,...
France’s 2026 public deficit to exceed forecast but stay below 5%
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France’s 2026 public deficit to exceed forecast but stay below 5%

manamalive.com
The French Ministry of Economy announced that the country’s projected public deficit for 2026 will exceed initial estimates but remain below 5 percent of GDP. The previous forecast, set at 4.6 percent, has been revised...
UK growth forecast slashed as Bank of England lowers rates
Business

UK growth forecast slashed as Bank of England lowers rates

manamalive.com
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%. The decision, made amid concerns over sluggish economic growth, saw...
Political instability and budget fears weigh on French business outlook
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Political instability and budget fears weigh on French business outlook

manamalive.com
French business confidence has declined for the third consecutive month in December, reaching its lowest level since July, according to the latest data from the National Institute of Statistics and Economic Studies (Insee). The Insee...
European Council enforces fiscal rules against seven countries
Business

European Council enforces fiscal rules against seven countries

manamalive.com
The European Council, in a move to fortify fiscal discipline within the Union, has initiated excessive deficit procedures against seven member states, signaling a significant policy enforcement to curb financial instability. The member states impacted—Belgium,...
India’s forthcoming budget to focus on strategic progress
Business

India’s forthcoming budget to focus on strategic progress

manamalive.com
India's upcoming budget presentation by Finance Minister Nirmala Sitharaman on Tuesday is highly anticipated as a beacon of optimism for the country's economic future. With the Bharatiya Janata Party (BJP) navigating an electoral victory, the...
Market reacts as 10-year Treasury yields reach new peak
Business

Market reacts as 10-year Treasury yields reach new peak

manamalive.com
On Monday, benchmark 10-year Treasury yields reached their highest levels since mid-June, starting off a week shortened by the upcoming Fourth of July holiday. This period is expected to see subdued trading volumes. The rise...
U.S. national debt hits unprecedented $34 trillion mark
Business

U.S. national debt hits unprecedented $34 trillion mark

manamalive.com
The United States has reached a new fiscal milestone, with its national debt surpassing $34 trillion, as reported by the Treasury Department. This development arrives amid ongoing debates over government spending and rising interest rates,...