EU states want 'fair tax share' from big business The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.
Venezuela devalues currency 32% against US dollar Venezuela said it was devaluing its currency by 32 percent against the dollar on the orders of cancer-stricken President Hugo Chavez, in part to trim a bloated budget deficit.
White House fears deep damage from spending cuts The White House warned Friday that billions of dollars in automatic budget cuts set to kick in on March 1 were a "blunt" instrument that could wreak deep damage to the already fragile US economy.
09 February 2013
Britain's Cameron stands firm in EU budget battle Prime Minister David Cameron stood firm on his demand for further cuts in the EU budget on Friday, despite coming under pressure over his pledge to hold a referendum on Britain's membership of the bloc.
Japan cabinet to approve $1.02 trillion annual budget Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.
Mali operation another burden for French budget The French offensive in Mali will burden a defence budget that was expected to get relief from the withdrawal of French forces from Afghanistan.
21 January 2013
US House Republicans back 3-month debt limit rise Republicans proposed a three-month increase to the US debt ceiling Friday as they mulled breaking a protracted fiscal impasse, but warned any long-term deal would require Congress to pass a budget that cuts spending.
19 January 2013
World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.
17 January 2013
Bernanke urges Congress to lift debt ceiling US Federal Reserve Chairman Ben Bernanke on Monday urged Congress to raise the nation's borrowing limit as Democrats and Republicans battle over the federal budget.
15 January 2013
Fresh start for Congress, but fiscal battles loom again With nearly 100 new members, the US Congress convened Thursday fresh from the year-end "fiscal cliff" fiasco, as lawmakers cast a wary eye towards the tough budget battles ahead.
04 January 2013
China and emerging powers to pay more for UN China, Brazil, India and other emerging powers agreed to major increases in their United Nations payments as the global body hammered out a new budget deal this week to avoid its own fiscal cliff.
26 December 2012
Scientists say NASA's budget inadequate for its goals NASA suffers from a "mismatch" between its goals and the budget it has been given to achieve them, according to a panel that said the US space agency may need a complete overhaul.
British press hails Cameron's EU budget stance Prime Minister David Cameron secured a decent result for Britain at the European Union budget summit, Britain's newspapers said Saturday, while warning that his good fortune may not last.
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