Prime Minister François Bayrou called a parliamentary session to address the “gravity” of the situation. An analyst said his move was “political suicide,” as some opponents vowed to bring down the government.
Tag: Budgets and Budgeting
Pound Drops Amid Uncertainty Over UK Chancellor Rachel Reeves
Rachel Reeves, Britain’s chancellor, appeared visibly upset in Parliament as the prime minister was asked about her position. The British pound and government bonds dropped in value.
Questions Over Future of U.K. Chancellor Rachel Reeves Raise Pressure on Labour Government
Rachel Reeves, Britain’s most senior finance official, appeared visibly upset in the House of Commons on Wednesday, as Prime Minister Keir Starmer was asked about her position.
Rachel Reeves in Tears in UK Parliament As Questions Are Raised Over Her Role
Rachel Reeves, Britain’s most senior finance official, appeared visibly upset in the House of Commons on Wednesday, as Prime Minister Keir Starmer was asked about her position.
Trump Budget Eliminates Funding for Crucial Global Vaccination Programs
The spending proposal terminates support of health programs that, according to the proposal, “do not make Americans safer.”
U.N. Orders Agencies to Find Budget Cuts, Including via Staff Moves From N.Y.
The instructions from the office of Secretary General António Guterres were reviewed by The New York Times and came after President Trump ordered a review of U.S. funding to the agency.
Germany Is Falling Apart (Literally). Here’s How the New Government Might Fix It.
Friedrich Merz, the incoming chancellor, persuaded lawmakers to let him spend more. Infrastructure will be the first order of business.
Reworked U.S.-Ukraine Minerals Deal Proposal: What to Know
Officials in Kyiv say the country cannot possibly accept the proposal and that new negotiations would be needed. But they have not rejected it outright, which would anger the White House.
Israel Budget Vote Is Win for Netanyahu
A budget approved by Israel’s Parliament cements Prime Minister Benjamin Netanyahu’s power and includes significant military spending.
Chinese Nationalists Praise Trump’s Cuts to Voice of America
Beijing has long criticized the outlet, as well as Radio Free Asia, for highlighting human rights abuses in China.