economic policy
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Singapore Prime Minister Announces Significant Ministerial Pay Hikes Amid Public Scrutiny
Prime Minister Lawrence Wong announced a 64% salary hike to S$3.6 million, citing the need for top-tier political talent despite public concerns over inflation.
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Andy Burnham Faces First PMQs as Economic Policy Pressure Mounts
Prime Minister Andy Burnham navigated his first PMQs amid scrutiny over economic growth plans, borrowing costs, and the scope of ministerial powers.
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New York Grocers Mount Legal Challenge to Block City-Funded Municipal Supermarkets
New York small grocers have sued Mayor Zohran Mamdani to stop his plan for five public grocery stores, marking the third legal battle against his economic agenda.
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U.S. Economy Slows to 1.5% Growth in Q2 as Inflation Remains Stubborn
U.S. GDP growth cooled to 1.5% in Q2 while core inflation persisted at 3.3%, leaving the Federal Reserve in a difficult position regarding future rate policy.
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Mayor Mamdani Launches ‘OPEN for Small Business’ Reform Package and Declines Salary Increase
Mayor Zohran Mamdani announced 50+ regulatory reforms to reduce red tape for NYC small businesses while declining a mandatory 18.2% salary increase.
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The Hidden Costs of Growth: Examining Illinois’ Gambling Crisis and Economic Disconnect
Illinois faces a deepening public health crisis as gambling tax revenues hit record highs while addiction treatment funding remains stagnant, highlighting a broader disconnect between state revenue models and citizen financial stability.
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Carney’s Balancing Act: AI Sovereignty Strategy Meets Political Friction
Prime Minister Mark Carney has unveiled an ambitious strategy for domestic AI sovereignty while simultaneously facing intense scrutiny over his handling of a controversial anti-hate advisory council.
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Global Insolvency Alarms: The UN’s August Deadline and the Fragility of Modern Financial Structures
The United Nations faces a catastrophic financial collapse by mid-August as arrears hit $2.8 billion, while private sector giants like Brightline and award-winning industries face their own liquidity battles.
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Climate Movement Shifts Strategy Amid Cost-of-Living Crisis
Climate advocates are pivoting away from purely moral arguments, adopting a ‘green economic populism’ framework to link climate policy directly to household affordability.
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Ryanair Slashing European Routes Amid Rising Costs
Ryanair has announced major capacity reductions across Europe in 2026, closing regional bases and cutting millions of seats due to soaring operational costs and regulatory disputes.
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Governments Pivot to Targeted Relief as Fuel Prices Surge
As Middle East tensions drive global fuel costs to new highs, governments from Georgia to Ukraine are abandoning broad subsidies for targeted cash rebates and tax holidays.
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OECD Policy Influence Spans Global Tax, Health, and Gender Equity
The OECD continues to influence global policy decisions and standards across vital areas like corporate taxation, public health, and gender equality. Its analysis informs nations worldwide.
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UK Unemployment Rate Rises to 5.2%, Highest in Five Years
The UK unemployment rate climbed to 5.2% in December 2025, a five-year high, following an earlier rise to 5.1%.
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Tim Wilson Appointed Shadow Treasurer in New Liberal Frontbench
Australian politician Tim Wilson has been appointed Shadow Treasurer in Opposition Leader Angus Taylor’s revamped Liberal frontbench.
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Japan’s Takaichi Poised for Election Win Amid Heavy Snowfall
Prime Minister Sanae Takaichi’s conservative coalition is projected for a strong victory in Japan’s snap Lower House election on February 8, 2026, despite heavy snowfall threatening voter turnout.