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Keywords: Budget


US lawmakers urge Taiwan to approve $40 billion defence budget during Taipei visit

A delegation of U.S. lawmakers visiting Taipei has called on Taiwan to move forward with a proposed $40 billion defence budget, warning that delays could weaken the island’s ability to respond to growing military pressure from China. The budget, introduced by President Lai Ching-te, remains stalled......

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......

Asia-Pacific governments roll out emergency measures amid energy crisis

Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters......

Norway increases defence budget by $12 billion through 2036

Norway announced on Friday that it will boost its long-term defence plan by 115 billion Norwegian kroner (approximately $11.87 billion) through 2036. The increase is part of a broader trend among NATO countries to strengthen military capabilities amid Moscow’s war in Ukraine and under pressure......

Nadia Fettah Alaoui: Morocco's steady hand at the finance helm

Nadia Fettah Alaoui has emerged as a pivotal figure in Morocco's economic leadership. Born in 1971 in Rabat, she built a career blending business acumen with public service. Her journey from Casablanca's business circles to the finance ministry showcases a quiet determination that resonates widely. From......

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......

Elon Musk offers to pay airport security staff during U.S. partial shutdown

Amid an ongoing partial government shutdown in the United States, billionaire Elon Musk has proposed an unusual solution: covering the salaries of airport security personnel affected by the budget impasse. Since mid-February, funding for the Department of Homeland Security (DHS), which oversees airport......

Apple launches $599 MacBook Neo, shaking up the budget laptop market

Apple has begun shipping its new MacBook Neo, a 13 inch budget laptop starting at $599, or $499 for education customers. The device marks the company’s most aggressive move into the affordable computer market and has quickly drawn strong reactions from competitors across the PC industry. The MacBook......

Apple unveils six devices in two days during major spring launch

Apple introduced six new devices in two days as part of one of its most ambitious spring product launches in recent years, with at least one additional announcement expected during a hands on media event scheduled for Wednesday. The rollout began Monday, March 2, when the company revealed the iPhone......

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