spending - eriinfo

Milei vetoes pension, disability spending increases as Argentina feels cuts | Business and Economy News

eriinfo.com1 week ago04 mins

Despite his austerity measures, the president’s party is expected to do well in the crucial October mid-term elections. Argentina’s libertarian president, Javier Milei, has vetoed bills aimed at increasing pensions and disability spending, amid ongoing protests against his austerity fiscal policies, which are hitting many people in their day-to-day lives. Milei’s administration announced the decision…

Africa

Africa: 3.4 Billion People Left Behind – Interest Payments Now Outpace Education Spending in Half the World

eriinfo.com3 weeks ago08 mins

New York — Today, 3.4 billion people live in countries that spend more on debt interest payments than on health or education. This marks a trembling indication that the United Nations’ promise for the 2030 Agenda could be slipping away. With less than five years left, developing countries are facing an estimated USD 4 trillion…

Spending cut package stalls as House GOP lawmakers seek to show support for ‘transparency’ in Epstein case

eriinfo.com4 weeks ago03 mins

Top Trump officials toured Alcatraz Island off California today for a visit aimed at measuring the feasibility of reverting the national park to a prison, a demand Trump made on Truth Social back in May. Fox News accompanied Attorney General Pam Bondi and Interior Secretary Doug Burgum as they toured the federal facility, which closed…

Trump signs his huge tax and spending bill into law

eriinfo.com1 month ago08 mins

Anthony Zurcher: Passage of megabill is big win for Trump US President Donald Trump has signed his landmark policy bill into law, a day after it was narrowly passed by Congress. The signing event at the White House on Friday afternoon, coinciding with 4 July celebrations, enacts key parts of the Trump agenda including tax…

investors monitor vote on Trump’s spending bill

eriinfo.com1 month ago03 mins

U.S. Treasury yields moved lower as investors monitored whether the Senate would pass President Donald Trump’s divisive spending bill over the next few hours. The benchmark 10-year Treasury yield was more than 3 basis points lower at 4.249%, and the 30-year yield moved more than 3 basis points lower to 4.808%. The 2-year yield slipped more…

Retail spending fell in March as consumers pull back

eriinfo.com2 months ago07 mins

Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled recession fears. Retail sales, which are adjusted for seasonality but not for inflation, fell by 1% in March from the prior month, the Commerce Department reported on Friday. That was steeper than an expected 0.4%…

NATO chief to urge four-fold boost to European defense spending

eriinfo.com2 months ago07 mins

LONDON — Washington’s European allies must make a “quantum leap” in military spending to deter Russia, the head of NATO is expected to say Monday, calling for a 400% increase in the Continent’s air and missile defense budget. NATO Secretary General Mark Rutte’s comments are set to be among the strongest yet from the organization…