TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is that the economy will stall, not overheat.
ALBUQUERQUE, N.M. (AP) — Northern New Mexico residents on Friday celebrated the passage of a government spending bill that includes $2.5 billion in relief for those affected by a historic wildfire sparked earlier this year by the federal government.
NAIROBI, Kenya (AP) — Once home to one of Africa’s fastest-growing economies, Ethiopia is struggling as the war in its Tigray region has reignited and weary citizens far from the front are pleading for peace.
BRUSSELS (AP) — The European Union’s budget watchdog announced Wednesday that it is winding up years of surveillance of Greek government spending. The move marks a formal end to a major crisis that threatened to see Greece ejected from the euro single currency group, imposed severe hardship on its citizens and roiled global financial markets.
RIO DE JANEIRO (AP) — Millions of Brazilians — and likely the president's reelection campaign — will get a hefty boost from a measure approved by Brazil's Congress that sharply raises subsidies for the poor less than three months before presidential voting.
RALEIGH, N.C. (AP) — Republican-backed adjustments to North Carolina's budget were signed into law by Democratic Gov. Roy Cooper on Monday, ensuring that state workers will get slightly larger pay raises and that construction projects and state reserves will receive billions of dollars more than initially planned.
HARRISBURG, Pa. (AP) — Most Pennsylvania lawmakers were absent from the state Capitol on Tuesday, five days into the new budget year without a state government spending agreement in place.
Leaders were hoping negotiations would wrap up over the coming days and the House announced voting sessions were scheduled through Friday.
SAN JUAN, Puerto Rico (AP) — The federal control board that oversees the finances of Puerto Rico’s government approved a $12.4 billion general fund budget Thursday for the U.S. territory after legislators failed to approve one amid intense bickering.
ST. PAUL, Minn. (AP) — Republican gubernatorial candidate Scott Jensen called Thursday for tax cuts and a clampdown on government spending and regulations to help Minnesotans cope with the highest inflation rate in 40 years.
TOKYO (AP) — Japan’s parliament on Friday approved a new agreement with the United States, endorsing Japanese government spending exceeding 1 trillion yen ($8 billion) for hosting U.S. troops as the two sides strengthen their military alliance in the face of growing threat from China and North Korea in the region.
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out.
Russia's war in Ukraine will disrupt commerce and clog up supply chains, slashing economic growth and pushing prices sharply higher around the globe, the Organization for Economic Cooperation and Development warned Thursday.
WASHINGTON (AP) — Facing political attacks over rising costs, President Joe Biden exaggerated his role in reducing the federal deficit and skirted responsibility by asserting that a flood of government spending into the economy has no impact at all on higher prices.
WASHINGTON (AP) — President Joe Biden on Tuesday signed a bill providing $13.6 billion in additional military and humanitarian aid to Ukraine as part of a $1.5 trillion government spending measure that omits COVID-19 aid the White House says is urgently needed.
TRENTON, N.J. (AP) — New Jersey Democratic Gov. Phil Murphy proposed a $48.9 billion budget on Tuesday. The plan boosts K-12 funding by $650 million, makes a full public pension payment for the second straight year, redistributes nearly $1 billion in property tax relief and raises overall spending by about 5% over last year's plan.
SEOUL, South Korea (AP) — North Korea plans to increase its government spending on pandemic measures by one-third this year to carry out leader Kim Jong Un’s calls for a more “advanced and people-oriented” virus response, state media said Tuesday.