Uchumi
U.S. government shutdown reaches day four with economic costs mounting
5 Mwezi wa kumi, 2025 Picha iliyoundwa na AI
The U.S. federal government is in its fourth day of a shutdown due to stalled budget negotiations, affecting national parks, federal workers, and services nationwide. Senate Majority Leader Chuck Schumer highlighted the financial toll, estimating costs at $1.2 billion for paying non-working employees. Prospects for an agreement remain uncertain as partisan divides persist.
German cabinet approves reforms on police, hospitals and social contributions
8 Mwezi wa kumi, 2025 Imeripotiwa na AI
The German cabinet deliberated on Wednesday on modernizing the Federal Police Act, which among other things strengthens drone defense. Changes to hospital reform and higher social contributions for high earners were also approved. Stricter rules for medical cannabis are in focus as well.
Trump unveils drug pricing deal with AstraZeneca
President Donald Trump announced a deal with AstraZeneca on Friday, offering discounts on medicines for Medicaid in exchange for tariff relief. This follows a similar agreement with Pfizer last week as part of efforts to lower U.S. prescription drug prices. The White House aims to use these pacts as a model for negotiations with other drugmakers.
Sébastien Lecornu proposes CVAE cut for 2026 budget
5 Mwezi wa kumi, 2025 Imeripotiwa na AI
Minister Delegate Sébastien Lecornu announced a proposal to cut the CVAE, a production tax on companies, as part of the 2026 budget. This comes amid rising political pressures before government formation. Calls for compromises with the left, especially the PS, aim to avert a censure motion.
Putin approves advertising on Russian spacecraft
Russian President Vladimir Putin has endorsed legal changes allowing advertisements on spacecraft, a move aimed at bolstering the struggling Russian space program. The amendments, effective from January 1, 2026, permit Roscosmos to place ads on state-owned space objects to attract private investment. This comes amid financial woes for Russia's space sector following international sanctions.
US power bills soar and face further increases
7 Mwezi wa kumi, 2025Friedrich Merz optimistic on citizens' income reform
9 Mwezi wa kumi, 2025Coalition committee ends after eight hours in chancellery
9 Mwezi wa kumi, 2025Cuomo warns of socialism's dangers at New York mayoral forum
7 Mwezi wa kumi, 2025Lagarde addresses euro's international role at EU parliament hearing
8 Mwezi wa kumi, 2025Lagarde urges stronger global role for the euro
7 Mwezi wa kumi, 2025Advisors to Katherina Reiche demand deregulation and higher retirement age
8 Mwezi wa kumi, 2025Eu plans higher tariffs to protect european steel industry
11 Mwezi wa kumi, 2025Zucman tax and its potential use for climate questioned
6 Mwezi wa kumi, 2025Spain approves multi-billion loan to Airbus for 105 helicopters in Albacete
Finance minister criticizes opposition's shadow budgets
8 Mwezi wa kumi, 2025 Picha iliyoundwa na AI
Finance Minister Elisabeth Svantesson has dismissed the opposition's shadow budgets as scattered and ungovernable. The four opposition parties – Social Democrats, Left Party, Green Party, and Center Party – have presented their alternatives to the government's 2026 budget. Clear differences emerge within the opposition, especially on benefits and taxes.
Electricity prices expected to rise slightly this winter
Electricity prices are expected to rise slightly this winter, according to Länsförsäkringar. Market uncertainty is high, and analyst Christian Holtz warns of higher costs if consumers fail to monitor peaks in the electricity grid. The article highlights costs for average households in different electricity areas.
Élisabeth Borne opens door to suspending pension reform
9 Mwezi wa kumi, 2025 Imeripotiwa na AI Picha iliyoundwa na AI
Former Prime Minister Élisabeth Borne has suggested suspending the pension reform to ensure national stability amid a post-dissolution political crisis. This proposal, coming from the architect of the 2023 project, draws sharp criticism over its moral and economic implications. Prime Minister Sébastien Lecornu has not ruled it out, while calling for debate.
U.S. government shutdown enters second week over funding dispute
8 Mwezi wa kumi, 2025 Imeripotiwa na AI Picha iliyoundwa na AI
The U.S. federal government shutdown, now in its second week since starting on October 1, 2025, stems from a partisan standoff in the Senate over extending Affordable Care Act premium tax credits. Democrats demand a firm commitment to the subsidies before approving funding, while Republicans push for a clean continuing resolution to reopen the government first. Impacts include flight delays, uncertainty over federal worker pay, and the delay of key economic data.
Spanish Congress unexpectedly approves Sustainable Mobility Law
Spain's Congress approved the Sustainable Mobility Law on Wednesday following a surprise deal with Podemos on Barcelona's El Prat airport. The legislation brings major changes to air, rail, and road transport, delaying key infrastructure expansions until 2031. The Spanish Association of Consumers denounces the agreement as an ideological assault on air transport.