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Canada's Trudeau should 'trim the sails' on spending, economists say

As Canada grapples with a possible recession and its highest debt costs in more than two decades, economists say Prime Minister Justin Trudeau should curb his spending habits to ensure that future policy choices are not forced on him.

Germany , Canada , United-kingdom , Canadian , Britain , Randall-bartlett , Katherine-cuplinskas , Justin-trudeau , Simon-deeley , Tiff-macklem , Chrystia-freeland , Fergal-smith

US Quarterly Refunding: Treasury increases auction sizes slightly less than expected

The US Department of the Treasury announced its plans for debt auctions from November 2023 to January 2024.

Us-department-of-the-treasury , Federal-reserve , Fiscalpolicy , Nitedstates , Onds ,

Clear policy key to strengthening the ringgit

The key to strengthening the ringgit lies in clear policy communication, market liquidity and maintaining fiscal and monetary prudence, experts say.

Hong-kong , Petaling , Malaysia-general- , Malaysia , Singapore , Malaysian , Geoffrey-williams , Malaysia-university-of-science , Peter-lim-tze-cheng , Malaysia-university , Economy , Ringgit

Live: National to release its draft budget. How much does it expect to save and spend?

National is promising a larger surplus and lower debt in its fiscal plan, unveiled this morning by leader Christopher Luxon. But in a sign of the fiscally

New-zealand , Greg-bowker , Grant-robertson , Nicola-willis , Chris-hipkins , Christopher-luxon , National-party , Election2023 , Nicolawillis , Budget , Draftbudget , Fiscalpolicy

National's 'show me the money' moment: Benefit cuts to drive surplus, lower debt

Today is National leader Christopher Luxon’s “show me the money” moment. This afternoon, alongside finance spokeswoman Nicola Willis, he will unveil his p

Kawakawa , New-zealand-general- , New-zealand , Northland , Hawaii , United-states , Te-puke , Simon-angelo , Christopher-luxon , Jack-ellis , David-seymour , David-fisher

How the Mid-Term Review of 12MP stacks up

The Mid-Term Review of the 12th Malaysia Plan, 2021-2025, which is the main policy document to realise the aspiration of the Madani Economy, was unveiled to take stock of the progress achieved half-way through its implementation period.

Malaysia , Lee-heng-guie , Task-force-on-agency-reform , Economic-research-centre , Pacific-partnership , Regional-comprehensive-economic-partnership , Term-review , Malaysia-plan , Madani-economy , National-energy-transition-roadmap , New-industrial-master-plan , Big-bolds

US: Fiscal year-to-date deficit reaches $1.16 trillion as of May; more than doubling last years

The US government recorded a $240 billion budget deficit in May 2023, according to the Treasury Department. Total receipts for the month were $307 bil

Treasury-department , Fiscalpolicy , Nitedstates ,

Industrial production continues recovery

The Index of Industrial Production (IIP) in May continued to recover, but enterprises are still facing difficulties due to the impact of increasing input production costs, according to the General Statistics Office (GSO).

Vietnam , Republic-of , Hai-phong , Hi-phòvm , Bac-giang , Tinh-bac-giang , Hanoi , Han-i , Tuyen-quang , Tuyêquang , Kien-giang , Vietnam-general-

US: Treasury reports $178 billion fiscal surplus in April vs. expected $235 billion

The US Treasury Department has announced that the government recorded a $178 billion surplus in April, which was below the expected $235 billion. Tota

Us-treasury-department , Fiscalpolicy , Nitedstates , Acroeconomics ,

Brazil holds key rate at 13.75%

Brazil’s central bank kept its restrictive monetary policy unchanged, as expiring tax breaks and additional spending plans by the incoming administration complicate policymakers’ efforts to bring inflation down to target.

Brasilia , Distrito-federal , Brazil , Roberto-campos-neto , Luiz-inacio-lula , Mirella-hirakawa , Campos-neto , Bloomberg , Economy , Interestrates , Lula , Fiscalpolicy