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Keywords: Budget


 French Government Faces No-Confidence Vote Amid Economic Uncertainty

On Wednesday afternoon, the French National Assembly will hold a crucial vote of no confidence against the government of Prime Minister Michel Barnier, as reported by parliamentary sources. The motion, presented by the left-wing alliance, is expected to gain significant support, particularly after the......

Record Military Budget Approval by Putin A Heavy Toll on Russia's Economy Amid the War in Ukraine

Russian President Vladimir Putin has approved an unprecedented defense budget for 2025, allocating approximately $126 billion, or 13.5 trillion rubles, to the national defense sector. This amount constitutes 32.5% of the total government spending, marking a significant rise from the previous year’s......

French Far-Right Party to Back Government Censure Amid Political Tensions

The French far-right party, Rassemblement National (RN), has announced its intent to support a censure motion against the government of Prime Minister Michel Barnier, unless an unlikely "last-minute miracle" occurs. This declaration, made by RN leader Jordan Bardella, underscores growing tensions......

Trump Appoints Elon Musk and Vivek Ramaswamy to Lead New 'Department of Government Efficiency' Initiative

In a recent announcement, President-elect Donald Trump named tech entrepreneur Elon Musk and conservative advocate Vivek Ramaswamy to lead a new government body, the Department of Government Efficiency (DOGE). This agency, inspired by Trump's campaign promise to curb federal spending, is set to tackle......

Rachel Reeves Sets the Stage for Economic Transformation

In a pivotal moment for the UK, Chancellor Rachel Reeves is poised to unveil a Budget that promises significant tax increases, substantial borrowing, and ambitious spending initiatives. This Budget is not just a financial statement; it is a declaration of intent that aims to reshape the political landscape......

Ceuta's Financial Crisis Deepens as Migrant Youth Care Strains Budget

The autonomous city of Ceuta faces severe financial instability due to mounting costs associated with caring for unaccompanied migrant minors, according to government spokesperson Alejandro Ramírez. The Mediterranean enclave's administration describes its current financial situation as "practically......

Morocco Amplifies Military Spending to $13 Billion as Regional Security Concerns Mount

Morocco plans to increase its defense budget to 133 billion Moroccan dirhams ($13 billion) for 2025, marking a significant expansion from previous years as the nation strengthens its military capabilities amid growing regional challenges. The substantial budget increase, revealed in the draft finance......

Michel Barnier's New Role: France's Response to Political Turmoil

President Emmanuel Macron has appointed Michel Barnier as France's new Prime Minister, hoping the seasoned conservative can stabilize the nation’s turbulent political landscape. Barnier, a prominent figure in French and European politics, replaces Gabriel Attal, who served as the youngest Prime......

Agadir: The Ultimate Affordable Winter Sun Escape

Agadir, a sun-kissed coastal treasure, has been spotlighted by The Telegraph as one of the top 15 winter sun destinations offering exceptional value. This Moroccan city captivates travelers with its mix of accessibility, affordability, and cultural allure. According to the report, Agadir stands out......