Breaking 17:20 Veolia and Amazon deploy recycled water systems for data centers 17:00 Ai maps growing risks for white collar jobs across key sectors 16:40 MIT researchers reveal self organizing laser breakthrough for brain imaging 16:30 Canary Islands government aligns with Spain’s support for Moroccan autonomy plan 16:20 OpenAI and Microsoft revise partnership, end exclusive intellectual property rights 16:15 Paramount seeks regulatory approval for foreign funding in Warner Bros acquisition 16:01 Bank of Portugal governor sells shares after ECB ethics review 16:00 Chanel revisits Biarritz roots with cruise 2026 2027 show revival 15:45 Short sellers increase bets on life insurance stocks amid private credit concerns 15:40 Chery plans European production of small electric car to expand market 15:30 Nice court sentences rapper Freeze Corleone for terrorism-related apology remarks 15:20 Ferrari unveils Hypersail project targeting high speed ocean records 15:15 Adidas shares rise after Sabastian Sawe’s historic London Marathon performance 15:00 Wizz Air reassures on fuel supply amid global uncertainty 15:00 Porsche 975 RSE signals major leap as Formula E enters GEN4 era 14:45 Canada launches sovereign wealth fund to boost long-term investment 14:40 Ford Mustang GTD Competition sets new Nürburgring lap record 14:30 Microsoft ends exclusive access to OpenAI technology in strategic shift 14:20 Altman warns AGI could end jobs and destabilize global economy 14:15 Prada launches Indian-inspired sandals to rebuild cultural ties 14:00 Norwegian FA chief calls on FIFA to scrap peace prize 13:50 Eurozone growth outlook cut as Iran conflict fuels stagflation fears 13:45 Hungary and EU hold talks to unlock billions in frozen funds 13:30 Italy calls for EU budget flexibility on energy spending 13:15 Qualcomm surges on report of OpenAI partnership for AI smartphone processors 13:00 Thermo Fisher to sell microbiology business to Astorg for over $1 billion 12:45 Eli Lilly to buy Ajax therapeutics for up to $2.3 billion 12:30 European Union extends Myanmar sanctions for another year amid ongoing military rule 12:20 Beijing auto show 2026 signals China’s growing dominance in global industry 12:15 Bank of Canada expected to hold interest rates at 2.25% as oil shock seen as temporary 12:00 Congo launches $100 million US-backed mining guard to secure strategic mineral sites 12:00 Toyota global sales fall again as Middle East demand weakens 11:45 Insurgent groups challenge Mali’s military government amid rising instability 11:40 Smart unveils concept #2 previewing next generation electric city car 11:30 Polish crypto platform Zondacrypto faces money laundering allegations amid major scandal 11:20 Morocco launches probe into rice imports amid pressure on farmers 11:15 India’s UltraTech Cement beats profit estimates on stronger construction demand 11:00 China accelerates AI satellite network amid rising space competition 11:00 Audit court investigates alleged irregularities in public procurement contracts 10:45 23-year-old man shot dead in Bordeaux suburb as police open investigation 10:40 Lachguar draws clear lines on women's rights, opposition, and democratic balance 10:30 Sterling edges higher against dollar as Middle East tensions and Bank of England decision loom 10:20 Microsoft AI agent security toolkit flaw exposes missing authentication checks 10:15 Google to build AI campus in South Korea to boost global tech cooperation 10:00 One killed in drone strike near Zaporizhzhia nuclear plant amid Ukraine war tensions 10:00 Evening routines that cut stress and rebuild energy after work 09:45 Lightning strikes kill at least 14 in Bangladesh after severe heat wave 09:40 Comfort zone psychology: when feeling safe is just another form of settling 09:30 France prioritizes vaccination for adolescents and young adults amid public health concerns 09:20 Apple prepares leadership shift as MacBook Neo drives demand surge 09:15 Ecuador disqualifies two opposition parties months before local elections 09:01 European central bank survey shows limited signs of second-round inflation effects 09:00 China’s AI chip demand set to push imports above exports growth 08:45 Spain urges travelers to book flights early as Iran conflict drives up oil prices 08:40 DeepSeek slashes API prices tenfold to escalate global AI competition 08:30 MobiKwik secures central bank approval for NBFC licence in India 08:20 Hyundai targets electric vehicle exports from China to global markets 08:15 Public broadcasting: Attal questions report delay as allies plan abstention 08:00 Forvia to sell its interiors business to Apollo funds for $2.1 billion 07:50 China unveils zero emission coal fuel cell breakthrough 07:45 Syria: trial opens against former president Bashar al-Assad and his entourage 07:30 Strong 6.1 magnitude earthquake shakes northern Japan’s Hokkaido 07:15 North Korea reaffirms support for Russia’s war effort in Ukraine 07:00 Musk vs Altman: a landmark legal battle over OpenAI’s origins begins in California

Keywords: Budget deficit


Putin delays VAT payments as Russia’s economy weakens

Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......

Canada’s budget deficit reaches C$31.21 billion in first ten months of 2025/26

Canada recorded a budget deficit of C$31.21 billion ($22.53 billion) over the first ten months of the 2025/26 fiscal year, as government spending grew faster than revenue, the finance ministry reported on Friday. This compares to a deficit of C$26.85 billion during the same period last year. Program......

Russia gold reserves fall to four year low amid budget strain

Russia’s central bank has reduced its gold holdings to the lowest level in four years after selling roughly 500,000 troy ounces in early 2026, as mounting fiscal pressure and declining energy revenues weigh on the country’s finances. Data released by the Bank of Russia shows reserves fell......

Türkiye posts $4.9 billion budget deficit in January

Türkiye recorded a central government budget deficit of 214.5 billion Turkish liras ($4.9 billion) in January, according to official data released by the Treasury and Finance Ministry. The ministry reported total budget revenues of 1.42 trillion liras ($32.38 billion) for the month, while expenditures......

Russia oil revenues hit lowest level since pandemic

Russia’s oil and gas tax revenues fell in January to their lowest monthly level since the COVID-19 pandemic, highlighting the mounting strain Western sanctions are placing on the Kremlin’s ability to finance its war effort. State income from the energy sector dropped to 393 billion rubles,......

In Morocco, the budget deficit falls to 3.5% of GDP in 2025

Morocco managed to reduce its budget deficit to 3.5 percent of gross domestic product (GDP) in 2025, in line with the targets set by the Finance Law. The deficit reached approximately 60.5 billion dirhams, reflecting an improvement compared with the previous year. This performance was achieved thanks......

Colombia’s President declares economic state of emergency after tax reform rejection

Colombian President Gustavo Petro has declared a 30-day state of economic emergency, seeking to introduce new taxes after Congress rejected a proposed fiscal reform intended to finance the country’s 2026 budget. With eight months remaining in his term, the first left-wing president in Colombia’s......

Pension reform rollback could cost “billions by 2027,” warns French economy minister

French Economy Minister Roland Lescure has warned that modifying or suspending the 2023 pension reform could have a major financial impact, potentially costing hundreds of millions of euros in 2026 and billions by 2027. Speaking on France Inter on Wednesday,......

Trump Taps Musk to Lead Cost-Cutting Government Reform

In early 2025, former U.S. President Donald Trump made headlines by appointing tech billionaire Elon Musk to head the newly created Department of Government Efficiency (Doge), a move aimed at drastically cutting federal spending. The decision sparked both support and backlash, highlighting the divisive......

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