Many countries have rules to control their spending. These rules are supposed to keep things in check. But sometimes, they can cause more problems than they solve. Take Britain, for example. The country has two main fiscal rules. One says that tax revenues must be higher than day-to-day spending. T
The UK's finance chief, Rachel Reeves, is set to deliver a major speech. She wants to focus on fairness and opportunity in the upcoming budget. This is her second budget since taking office. It's due on November 26. There's a lot of talk about where she might raise taxes to meet her financial goals.
In the UK, the finance minister, Rachel Reeves, has made it clear that she's not afraid to make tough decisions, even if they aren't the most popular. Her goal? To shield the country from the ongoing struggles of high inflation and interest rates. As she prepares for the upcoming budget on November
Kimberly-Clark, a big name in consumer goods, just made a bold move. They bought Kenvue, the company behind Tylenol. But this deal didn't go over well with Wall Street. Their stock took a huge hit, the worst since the big crash in 1987. Shares dropped by 15%, which is a lot. Why did they do it? The
Germany is in a tough spot. The country took in a lot of Syrians during the war. Now, the government says the war is over. So, they think Syrians should go back. But is it that simple? The leader, Friedrich Merz, says Syrians can't stay because the war is over. He wants them to go back and help reb
The Supreme Court is set to tackle a big question: Are Trump's tariffs legal? This isn't just any case; it's a major test for the president's trade policies. Trump has been pushing for tariffs for decades. He finally made it official policy this year, slapping tariffs on almost every trading partne
Donald Trump's approval rating has dropped significantly, with only 37% of Americans approving of his performance as president. This is a steep decline from earlier in his second term when his approval was at 47%. The latest survey, conducted by CNN/SSRS, shows that 63% of Americans disapprove of hi
Trump's attention was grabbed by a news segment on Fox News about Christians being targeted in Nigeria. This sparked a quick reaction from him, leading to a series of posts on Truth Social. He claimed that Christianity was facing a serious threat in Nigeria and that radical Islamists were responsibl
ArXiv, a well-known site for sharing research before it gets checked by experts, is changing its rules. From now on, only computer science review articles and position papers that have been reviewed and accepted by a journal or conference will be allowed. This change comes after a surge of AI-genera
Trump's approach to trade with China has been a bit of a rollercoaster. He's been trying to use tariffs to get China to cut down on exports to the U. S. But it's been a bumpy ride, with not much to show for it yet. Let's talk about leverage. In the world of politics, it's all about having power ove
