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Former Prime Minister Élisabeth Borne at a press conference, discussing the potential suspension of pension reform amid France's political crisis.

Élisabeth Borne opens door to suspending pension reform

October 09, 2025 AI 生成的图像

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.

German cabinet approves reforms on police, hospitals and social contributions

October 08, 2025 由 AI 报道

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.

Sébastien Lecornu proposes CVAE cut for 2026 budget

October 05, 2025 由 AI 报道

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.

Spain approves multi-billion loan to Airbus for 105 helicopters in Albacete

The Spanish government has granted a 3.68 billion euro loan to Airbus to manufacture 105 helicopters, as part of the Industrial and Technological Plan for Security and Defense announced in April. This interest-free, no-guarantee funding will bolster the industry in Albacete, where the aircraft will be produced. The initiative addresses geopolitical tensions and aims to meet the 2% GDP defense spending target.

Swedish Finance Minister Elisabeth Svantesson at a podium in parliament, criticizing the opposition's scattered shadow budgets with party documents in the background.

Finance minister criticizes opposition's shadow budgets

October 08, 2025 AI 生成的图像

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.

U.S. government shutdown reaches day four with economic costs mounting

October 05, 2025 由 AI 报道 AI 生成的图像

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.

U.S. government shutdown enters second week over funding dispute

October 08, 2025 由 AI 报道 AI 生成的图像

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.

Friedrich Merz optimistic on citizens' income reform

Chancellor Friedrich Merz announced in a TV interview a soon-to-come agreement in the coalition on citizens' income reform. He also criticized the pace of government work and the EU combustion engine ban. Merz called Vladimir Putin an enemy of the European order.

US power bills soar and face further increases

Electricity bills for American households have surged by nearly a third since 2019, driven by rising demand and infrastructure costs. Experts predict another significant hike by the end of the decade as data centers and electrification strain the grid. This trend threatens household budgets amid broader economic pressures.

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