Keywords: Government


Andy Burnham expected to appoint Shabana Mahmood as UK finance minister, reports say

Former Manchester Mayor Andy Burnham is expected to appoint Interior Minister Shabana Mahmood as the United Kingdom's finance minister when he becomes prime minister next week, according to a report by the Financial Times. The potential appointment would place Mahmood at the center of Britain's......

Israel’s next government urged to curb rising debt and rethink spending priorities

Israel’s next government will need to take urgent steps to contain the country’s growing debt burden and rebalance public spending, Bank of Israel Governor Amir Yaron said on Wednesday. Speaking ahead of the country’s upcoming general election, Yaron warned that continued growth in......

Peru approves $2.8 billion budget increase ahead of Keiko Fujimori’s inauguration

Peru’s Congress has approved a major budget expansion worth $2.8 billion to support infrastructure projects, public services and emergency preparations ahead of President-elect Keiko Fujimori’s arrival in office. The decision comes less than two weeks before Fujimori’s inauguration......

Italy’s ruling coalition pushes ahead with election reform after parliamentary defeat

Italy’s governing coalition has reaffirmed its commitment to reforming the country’s electoral system despite suffering a narrow parliamentary setback over a key proposal linked to the changes. Prime Minister Giorgia Meloni’s right-wing alliance said it would continue working on the......

Moody’s warns higher European defense spending could pressure sovereign credit ratings

Moody’s has warned that Europe’s growing responsibility for its own security could place additional pressure on the sovereign credit ratings of several European countries as governments increase defense spending in the coming years. The credit rating agency said the evolving security landscape......

Bukele secures New Ideas nomination for El Salvador's 2027 presidential election

President Nayib Bukele has secured the presidential nomination of El Salvador's ruling New Ideas party for the 2027 presidential election, positioning himself to seek another term in office after winning the party's primary process. The announcement confirms Bukele as the governing party's......

Venezuela appoints Félix Plasencia as foreign minister in government reshuffle

Venezuela has appointed veteran diplomat Félix Plasencia as the country's new foreign minister as part of a broader government restructuring aimed at strengthening the country's diplomatic and trade agenda. The announcement was made by the Venezuelan leadership, which also confirmed the......

BBC says current funding model is no longer sustainable ahead of 2027 negotiations

The BBC has warned that its current funding structure is no longer capable of supporting its long-term public service mission, as the broadcaster prepares for negotiations with the UK government over its next financial settlement. In its annual report released on Tuesday, the British public broadcaster......

Andy Burnham set to become UK Labour leader and succeed Keir Starmer as prime minister

Former Greater Manchester mayor Andy Burnham is now set to become the next leader of the United Kingdom’s Labour Party and is expected to succeed outgoing Prime Minister Keir Starmer after securing overwhelming support from Labour lawmakers. Burnham has obtained the backing required to enter the......