Earlier this year, Armin Papperger opened a new factory that will allow his company to produce more of an essential caliber of artillery shell than the entire U.S.…
Read more The Outspoken CEO Behind the World’s Fastest-Growing Arms MakerLabour’s tax increases are pushing workers and investors abroad. The Editorial Board Source link
Read more Opinion | Britain Budgets for National DeclineThe U.K. government’s treasury chief said measures outlined in her latest budget aim to halt a rise in debt while helping to cool inflation. Speaking to lawmakers, Rachel…
Read more U.K. Treasury Chief Says Budget Measures Will Tackle Debt, InflationMoody’s boosted Italy’s sovereign-credit rating on expectations for a decline in government debt. The ratings agency on Friday upgraded Italy’s rating one level to Baa2 from Baa3. The…
Read more Moody’s Ratings Upgrades Italy on Expectation of Declining DebtThe U.K. government’s borrowing continued to run ahead of projections in October, a deterioration in its finances that it will aim to correct with tax rises and some…
Read more U.K. Government Borrowing Runs Ahead of Plan as Budget LoomsBritain’s stock and bond markets flopped Friday morning on new evidence that the country’s Labour Party leadership doesn’t have a clue what to do about the economy or…
Read more Opinion | British Labour’s Fiscal MessGDP rose 0.1% in the third quarter, compared with 0.3% in the second, amid uncertainty about the government’s budget and the impact of a cyberattack on a major…
Read more U.K. Economy Grows at Slower Pace Ahead of BudgetLONDON—The U.K. has long been torn between two mutually exclusive desires: Voters want European levels of welfare with American levels of taxation. By accident or design, that debate…
Read more Britain Is Preparing Tens of Billions in New Taxes—AgainArnold Toynbee’s “Cities on the Move” (1970) documents the history of big cities around the world becoming impoverished and insolvent—some never to recover. Many of the patterns he…
Read more Opinion | Escape From Zohran Mamdani’s New YorkBessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys Source link
Read more Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for TreasurysOTTAWA—Canada said Tuesday it intends to run wider deficits to finance spending and tax measures aimed at unleashing the massive private-sector investments the economy needs to rebuild amid…
Read more Canada Plans Wider Deficits to Jolt EconomyThe U.K. government’s upcoming budget will focus on lowering inflation and paving the way for the Bank of England to lower its key interest rate, treasury chief Rachel…
Read more U.K. Treasury Chief Says Lowering Inflation Will Be Budget FocusThe European debt crisis of the early 2010s created an image of a continent cleaved in two: The fiscally responsible core countries led by Germany versus the spendthrift…
Read more Europe’s Role Reversal: The Problem Economies Are Now Further NorthGYEONGJU, South Korea—Amid the pageantry and backslapping, President Trump’s weeklong Asian swing drew attention to a sour point for allies: The U.S. demand that they spend more to…
Read more Trump Tells Asia Allies: It’s Your Turn to Boost Military SpendingA feature of the Trump era is that while foreign governments object to the American President’s protectionism, in practice they often jump at the opportunity to join him…
Read more Opinion | Europe Joins the Steel Tariff GameBy Thomas Grove and Karolina Jeznach | Photography by Maciek Nabrdalik for WSJ WARSAW—For more than a decade, Poland has prepared for the worst-case scenario: becoming the front…
Read more As Russian Aggression Turns West, Poland Says It’s ReadyThe U.K.’s troubled statistics office cut its estimate for net government borrowing by 3 billion pounds ($4.03 billion), a further setback for the agency that has faced criticism…
Read more U.K. Public Borrowing Estimate Cut by $4 Billion Over Tax Data ErrorWhere do they think they are—Italy? France on Monday lost another Prime Minister—the fifth in two years—as Paris burns through senior political leaders at the pace you used…
Read more Opinion | The World’s Worst Job Is in FranceBy Roger Wicker and Deb Fischer We set out across the Indo-Pacific in August to assess U.S. military readiness and consult with allies. In the Philippines, Palau and…
Read more Opinion | Pacific Allies Need U.S. SupportTwo years ago, Argentines elected the radical libertarian Javier Milei as president with a mandate to fix the country’s chronically high inflation. The odds didn’t look good. Previous…
Read more Milei Fixed Half of Argentina’s Inflation Problem. He Needs Help With the Rest.