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Tag Archives: austerity

The austerity policy is over, Britain says despite Brexit Uncertainty

Austerity "is finally coming to an end," British Chancellor Philip Hammond said on Monday, outlining new public spending. However, he warned that financial plans could change if Britain did not reach an agreement on leaving the European Union. During his recent budget speech before Britain's planned exit from the bloc in March, Hammond announced a tax on multinational digital giants. …

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The Myth of Austerity: Why PM Imran Khan's Populism Will not Solve Pakistan's Problems Asia | An in-depth look at news from across Europe | DW

Amid fears that the strained country may soon face a financial abyss, Prime Minister Imran Khan's newly elected government has introduced austerity measures to prevent Pakistan from providing the International Monetary Fund (IMF) with a financial rescue plan. The government's quest for fewer VIP protocols has created a stir amongst the citizens who have long criticized the lavish lifestyle of …

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Puerto Rico faces austerity measures under budget struggles | International

SAN JUAN, Puerto Rico (AP) – New austerity measures threaten storm-ravaged Puerto Rico after local lawmakers refused to change labor laws, as required by a federal control authority -Years Recession The island's finances monitors said Friday that it will eliminate a $ 25 million scholarship fund for Puerto Rico's largest public university as well as a $ 50 million fund …

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Jordan protests against IMF-supported austerity measures

Amman (AFP) – Angry protests shook cities across Jordan against austerity measures supported by the IMF, including a new bill on income tax laws and price increases, hours after the government and unions failed to reach an agreement to end the stalemate [196592002] About 3,000 people had died near the premiership office near the prime minister's office by early Saturday …

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