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Ukraine passes 2025 budget with record defence spending

By Olena Harmash KYIV (Reuters) -Ukraine's parliament approved the 2025 state budget in the final reading on Tuesday, channelling more funds for Kyiv's defence efforts as Russia's...

Colombia needs $12.7 billion budget cut to meet fiscal target, committee says

By Nelson Bocanegra BOGOTA (Reuters) - Colombia needs to cut budget spending by 56 trillion pesos ($12.7 billion) to comply with its fiscal rule this year, an independent...

Explainer-France's Barnier likely to ram through budget bill as talks stall

PARIS (Reuters) - France's 2025 belt-tightening budget heads to the Senate next week, but few doubt the government will soon be obliged to bypass lawmakers with a risky...

Modi's inflation-blowing farm pivot may not be enough to win key Indian state

By Rajendra Jadhav SATARA, India (Reuters) - Indian Prime Minister Narendra Modi has taken several pro-farmer but inflation-stoking measures in recent months, such as easing curbs...

ECB should cut rates to neutral or lower, give guidance, says Panetta

By Valentina Za MILAN (Reuters) -ECB policymaker Fabio Panetta said on Tuesday the European Central Bank should cut interest rates so they no longer curb economic growth, or so...

German economy to stagnate as labour market cools, tariffs loom

FRANKFURT (Reuters) - The German economy is likely to stagnate in the last three months of the year as the labour market continues to soften and possible new trade tariffs loom,...

US federal workers hope Republicans will curb Trump, Musk firings

By Nathan Layne, Tim Reid and Tom Rowe WASHINGTON (Reuters) - Members of the over 2 million-strong U.S. civilian federal workforce are looking to an unlikely source to protect it...

Bank of Mexico flags more rate cuts due to progress on lowering inflation

By Anthony Esposito MEXICO CITY (Reuters) - The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation...

Factbox-Who are the US federal workers that Trump, Musk want to trim?

WASHINGTON (Reuters) - President-elect Donald Trump has tasked billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy with finding deep cuts in the $6...

BoE's Taylor says 4 rate cuts by end of 2025 would be gradual

LONDON (Reuters) - The Bank of England's most recently appointed interest rate-setter Alan Taylor said the central bank's gradual approach to cutting borrowing costs was in line...

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