In Budapest, political disputes and aging infrastructure have led to cascading problems, and prolonged closings, at several of the city’s beloved baths.
Category: Politics and Government
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Deadly Hong Kong Fire Is a Test of Beijing’s Rule in the City
After Beijing reshaped the political order in Hong Kong in its image, the fire has become a test of how well that new system can govern in a crisis.
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U.K. Budget Plan Calms Markets and Labour Faithful. Will It Appeal to Voters?
The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.
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A Major Moment for the British Economy: What to Watch in the U.K. Budget
Rachel Reeves, the top economic official in an increasingly unpopular government, will appear in Parliament to present tax and spending plans.
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China and Japan, With Trump in the Middle, Stoke an Existential Showdown
With Japan’s new leader refusing to back down from China’s show of force and claims on Taiwan, Xi Jinping picks up the phone to try to pry the U.S.-Japan alliance apart.
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Britain’s Most Unpopular Chancellor in Decades Faces Another Big Test
Rachel Reeves, who has had a bruising tenure as the country’s top economic official, is set to announce tax and spending measures that risk stoking more discontent.
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Trump Will Visit China in April for Meeting With Xi Jinping
President Trump said he would visit Beijing for the first time since returning to office after holding a call with Mr. Xi, China’s leader.
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Daily Mail Owner Agrees to Buy The Telegraph, Consolidating Right-Leaning Media in Britain
The deal would combine two of the country’s major newspaper groups, a move likely to attract antitrust scrutiny.
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Saudi Arabia’s Prince Has Big Plans, but His Giant Fund Is Low on Cash
After nearly a decade of expensive, hit-and-miss investments, Mohammed bin Salman is overseeing a behind-the-scenes restructuring of the kingdom’s all-important wealth fund.
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Trump’s Tariffs Sent Trade Plummeting in August
The steep tariffs President Trump issued in August led to a significant contraction in imports and the trade deficit, newly released data shows.
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The Most Impactful Political Handbag Since Mrs. Thatcher’s
Sanae Takaichi, the new prime minister of Japan, makes a statement about work — with style.
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Former Fed Official Violated Trading Rules, Disclosures Show
Adriana D. Kugler, who stepped down as a governor in August, reported trades in stocks, including Apple and Southwest Airlines, in 2024.