German Defence Minister Boris Pistorius has spoken out against US President Donald Trump’s proposal to raise defence spending in NATO to ...

Russia's defense spending has surged past that of all European nations combined, according to a new study, fueling concerns about the country's military ambitions as the United States faces potential ...

Pakistan's fiscal deficit has recorded at 0.04 percent of GDP (Rs43.5 billion) during first five months (July-November) of the current fiscal year significantly lower than the 1.3 percent (Rs1,375.4 ...

This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...

Defense minister dismisses 5 percent target as unrealistic, as Germany grapples with budget uncertainty ahead of snap ...

In Ray Dalio's forthcoming book "How Countries Go Broke" he argues that the United States' budget deficit should be cut.

On the fiscal front, Nomura anticipates a modest narrowing of the fiscal deficit to 5.5 percent of GDP in 2025 from 5.9 percent in 2024. However, this remains above the government’s medium-term ...

Ray Dalio, the founder of the world's largest hedge fund, recently warned of serious economic consequences for the U.S. if ...

Federal and state government spending now makes up a record 28 per cent of GDP but productivity, or output for every worker, has been falling while underlying inflation is still above the Reserve ...

Why markets did not give a thumbs-up to a budget that is going to put a lot of money in the hands of the middle class, and ...