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BERLIN (Reuters) - The German Greens' candidate for chancellor Annalena Baerbock on Wednesday criticised Finance Minister Olaf Scholz's plan to return to strict borrowing limits from 2023, saying Berlin had to invest more in climate protection, health care and education.
There are a number of reasons why the government has to use public sector balance sheet to manage its finances throughout the pandemic, paying attention to its net worth (total assets net of total liabilities).
VIENTIANE (Vientiane Times/ANN): The Asian Development Bank (ADB) is optimistic about the growth of the Lao economy amid the Covid-19 crisis and lockdown measures imposed to contain the spread of the Coronavirus.
LIMA (Reuters) - Peruvian socialist Pedro Castillo, the shock winner of Sunday's presidential election first round, has laid down a marker as the defender of the poor ahead of a run-off vote in June.
LONDON: A plan by Britain's finance minister Rishi Sunak (pic) to use a two-year "super-deduction" tax break to encourage companies to invest appears to be working, according to a manufacturing survey
Fitch Ratings has revised Vietnam's outlook to positive from stable and affirmed the long-term foreign-currency issuer default rating (IDR) at 'BB'.
PARIS/BERLIN (Reuters) - Germany will next week present a multi-billion-dollar proposal to Lebanese authorities to rebuild the Port of Beirut as part of efforts to entice the country's politicians to form a government capable of warding off financial collapse, two sources said.
LONDON: The risks to the pound’s 2021 recovery may be becoming too numerous to bear as Britain’s currency looks poised to end a five-month winning streak.
IN the annals of 21st Century capitalism, Covid-19 will go down as a pressure cooker.
IMF said a strong recovery in 2021 remains subject to considerable downside risks and noted that macroeconomic policies should remain supportive until the recovery is fully entrenched.