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Middle East News: The war between Israel and Hamas is costing the country's economy $260 million per day, leading to a strain on public finances. However, it is the con
Wars are prosecuted on budgets, not just on proclamations. While Nigeria’s President Bola Tinubu requested but failed to secure the Senate’s authorisation for military action against the Nigerien coupists, many Nigerians are not aware of any budget backing that request. The truth is that any military action declared today by ECOWAS will in all probability…
Brazil's Economy Minister Paulo Guedes Friday admitted the spending ceiling needed to be pierced because it was poorly constructed, but he insisted that the federal spending cap remains a necessary tool to ensure the stability of public accounts.
The strategic orientation of the huge military bill is to prepare for war against Russia, China or both. Coupled with Tuesday’s vote to raise the debt ceiling, congressional Democrats have satisfied their two main constituencies: the Pentagon and Wall Street.
By Reuters Staff (Adds detail, quote, comment) BRASILIA, Feb 12 (Reuters) - Brazil moved a step closer on Friday to reviving pandemic emergency aid to the poor, as Senate President Rodrigo Pacheco said the chamber will prioritize approving the payments, which he expects to be granted over four months from March through June. Speaking alongside Economy Minister Paulo Guedes and lower house leader Arthur Lira, Pacheco said emergency aid and COVID-19 vaccines are “the absolute priority,” and will remain so until the pandemic is over. “We expect there will be emergency aid in March, April, ...