1+ week, 3+ day ago   (197+ words) BERLIN, Sept 3 (Reuters) - Germany's Ifo economic institute raised its growth forecasts for Europe's largest economy on Thursday, saying stronger fiscal spending, improving industrial orders and export demand were outweighing the drag from higher energy prices. Ifo now expects German gross…...

1+ week, 4+ day ago   (776+ words) Sept 2 (Reuters) - Concerns over America's fiscal outlook are mounting. Long-dated Treasury yields are at their highest levels since 2007, while the national debt has surpassed $40 trillion. It is not the first time Washington has faced an imposing financing challenge. Treasury Secretary…...

2+ week, 4+ day ago   (491+ words) LONDON, Aug 24 (Reuters) - Britain's economic productivity is starting to show signs of sustained improvement, economists said on Monday, potentially marking the end of a prolonged slump that began around the 2008 financial crisis and appeared to worsen after the COVID-19 pandemic....

2+ week, 5+ day ago   (208+ words) TOKYO, Aug 25 (Reuters) - Japan's finance ministry expects debt-servicing costs to rise 17% to a record 36.64 trillion yen ($230 billion) in the next fiscal year, adding to pressure on the country's already tattered finances, Kyodo News reported on Tuesday. The increase reflects plans…...

2+ week, 6+ day ago   (273+ words) BRASILIA, Aug 17 (Reuters) - Brazil's Finance Minister Dario Durigan said on Monday that the country faces a "painful final mile" of fiscal reforms to address high interest rates, rising public debt and household leverage hovering around record levels. "We have to…...

3+ week, 10+ hour ago   (884+ words) US national debt has more than doubled in a decade to reach a milestone $40tn (£29.4tn), Treasury figures show. The rise reflects years of heavy spending under both the Trump and Biden administrations, along with higher interest payments that have steadily added…...

3+ week, 2+ day ago   (134+ words) Aug 21 (Reuters) - Global financial market index provider S&P Dow Jones Indices reclassified Poland as a developed market on Thursday, upgrading it from emerging market status in a move that will take effect with the September 2027 index reconstitution. Poland's Finance…...

3+ week, 3+ day ago   (578+ words) The total US national debt surpassed $40 trillion this week, after adding $1 trillion in new debt to government balance sheets in just a few months. The latest data from the US Treasury shows that, as of Aug. 18, the US government's "Total…...

3+ week, 4+ day ago   (443+ words) WARSAW, Aug 19 (Reuters) - Poland plans to change parts of its income tax system in a move that Prime Minister Donald Tusk, who came to power on a ticket to lower taxes, said on Wednesday would benefit around 3.5 million taxpayers. Corporate…...

3+ week, 4+ day ago   (320+ words) By Faith Hung and Jeanny Kao TAIPEI, Aug 14 (Reuters) - Taiwan expects its tech-reliant economy to grow at the fastest pace in nearly four decades this year, the statistics agency said on Friday, upgrading its forecast due to strong AI demand....