Austria is stepping up to ease the burden of high energy costs. They've set aside a whopping 500 million euros, about $584 million, to make things easier for both families and businesses. This money is coming from three different state-owned companies. First, there's BIG, a real estate company, put
The UK's money situation is a hot topic right now. A big shot from the Office for Budget Responsibility (OBR), Prof David Miles, said the chancellor, Rachel Reeves, wasn't being dishonest when she talked about the tough money situation before the Budget. Even though the OBR's latest report showed t
The Chancellor, Rachel Reeves, is standing firm on her financial decisions, despite critics saying she misled the public before the Budget. She insists she's been honest about her choices and can be trusted with the country's money. In a recent interview, Reeves was asked why she kept talking about
In a recent discussion, German Chancellor Friedrich Merz highlighted the importance of Ukraine maintaining a robust military presence even after a potential peace agreement with Russia. He emphasized that security assurances are a hot topic in talks with the U. S. and Ukraine. Merz pointed out that
The UK government's recent budget has left many households feeling the pinch. Experts are saying that the amount of money people have to spend after taxes, called disposable income, is only going to grow by a tiny 0. 5% each year for the next five years. That's not great news for anyone trying to ma
Germany is stepping up to mediate a growing rift between the U. S. and South Africa. The issue? South Africa's invitation to the next G20 summit, which U. S. President Donald Trump has revoked. Trump's decision comes after he accused South Africa of mistreating its white minority. These claims have
Britain's Chancellor of the Exchequer, Rachel Reeves, recently unveiled the government's budget, which seemed to calm both financial markets and Labour Party members. The budget included tax and spending hikes, which were well-received by Labour MPs who had been growing impatient with the government
In Switzerland, talks are happening about a peace plan for Ukraine. This plan involves big changes for Ukraine, like giving up some land and limiting its military. The plan was first made by Russia, but the U. S. says it also had a hand in it. Donald Trump said Ukraine should be thankful for the U.
The government is playing a game of hide and seek with the Budget. Transport Secretary Heidi Alexander says it's no big deal. But others aren't so sure. For months, the media has been buzzing with rumors about tax hikes. Businesses and consumers are left in limbo, unsure of what's coming. Former Ba
European leaders are not happy with a recent US peace proposal for Ukraine. They think it's too favorable to Russia and are planning to change it. This is happening ahead of a big meeting in Geneva. In South Africa, German Chancellor Friedrich Merz said that wars can't be ended by big countries mak
