Economic Conditions and Trends – Page 31

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

By Eshe Nelson

Budgets and Budgeting Capital Gains Tax Economic Conditions and Trends Income Tax Labour Party (Great Britain) Politics and Government Reeves, Rachel (1979- ) Starmer, Keir

Britain Braces for ‘Painful’ Budget Meant to Recharge the Economy

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

By Eshe Nelson

Barnier, Michel Credit Ratings and Credit Rating Agencies Economic Conditions and Trends European Commission European Union France Macron, Emmanuel (1977- ) Moody's Investors Service Inc Politics and Government Taxation

France’s Financial Morass Produces a Harsh Critique From Moody’s

The financial ratings agency, citing a “fiscal deterioration” with rising borrowing and a political logjam, downgraded its outlook for French debt.

By Liz Alderman

Banking and Financial Institutions Central Bank of Russia Economic Conditions and Trends Inflation (Economics) Interest Rates Russia Russian Invasion of Ukraine (2022)

Russia Raises Interest Rate to 21 Percent, Its Highest in Decades

Military spending and recruitment are causing the country’s economy to overheat, leaving regulators in a struggle to rein in rising prices.

By Anatoly Kurmanaev