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Budget

Bolsonaro campaign drafts debt-linked fiscal rule to replace Brazil framework, sources say

FILE PHOTO: Senator Flavio Bolsonaro, the Liberal Party (PL) candidate in Brazil's presidential election, gestures during an event announcing Alfredo Gaspar as Bolsonaro's vice-presidential running mate, in Brasilia, Brazil, August 5, 2026. REUTERS/Adriano Machado/File Photo
FILE PHOTO: Senator Flavio Bolsonaro, the Liberal Party (PL) candidate in Brazil's presidential election, gestures during an event announcing Alfredo Gaspar as Bolsonaro's vice-presidential running mate, in Brasilia, Brazil, August 5, 2026. REUTERS/Adriano Machado/File Photo

Philippines plans to borrow $69 billion in 2027 to revive economic growth

Heavy traffic in Quezon City, Metro Manila in the Philippines, which has been hurt by high oil prices sparked by the Middle East war and a corruption scandal.
Heavy traffic in Quezon City, Metro Manila in the Philippines, which has been hurt by high oil prices sparked by the Middle East war and a corruption scandal.

Taiwan’s 2027 defence spending to rise 16%, official media reports

Taiwan’s government has made military modernisation a key policy platform.
Taiwan’s government has made military modernisation a key policy platform.

Commonwealth Games face uncertain future ahead of centenary edition

Wildberries, 'Russia's Amazon,' says Ukrainian drones struck three more of its warehouses

Smoke billows from the burning Wildberries warehouse following a Ukrainian drone attack, according to local authorities, in the course of the Russia-Ukraine conflict, in Saint Petersburg, Russia July 24, 2026, in this still image taken from video. REUTERS/Stringer
Smoke billows from the burning Wildberries warehouse following a Ukrainian drone attack, according to local authorities, in the course of the Russia-Ukraine conflict, in Saint Petersburg, Russia July 24, 2026, in this still image taken from video. REUTERS/Stringer

Spanish parliament rejects government's 2027 spending plan

Spanish Prime Minister Pedro Sanchez speaks during a plenary session of the lower house of the Spanish parliament, in Madrid, Spain, May 22, 2024. REUTERS/Violeta Santos Moura
Spanish Prime Minister Pedro Sanchez speaks during a plenary session of the lower house of the Spanish parliament, in Madrid, Spain, May 22, 2024. REUTERS/Violeta Santos Moura

Moldova approves new government led by Vasile Tofan

Financier Vasile Tofan, who has been nominated for the post of Moldova's Prime Minister, attends a press conference in Chisinau, Moldova July 11, 2026. REUTERS/Vladislav Culiomza
Financier Vasile Tofan, who has been nominated for the post of Moldova's Prime Minister, attends a press conference in Chisinau, Moldova July 11, 2026. REUTERS/Vladislav Culiomza

Next Israel government must halt rise in debt burden, central bank  chief says

Bank of Israel Governor Amir Yaron during the international Monetary Fund's (IMF) annual research conference on \"Global Interdependence\" in Washington, U.S., November 9, 2023. REUTERS/Kevin Lamarque/File Photo
Bank of Israel Governor Amir Yaron during the international Monetary Fund's (IMF) annual research conference on \"Global Interdependence\" in Washington, U.S., November 9, 2023. REUTERS/Kevin Lamarque/File Photo

Peru approves $2.8 billion budget hike ahead of Fujimori transition

Peru's President-elect Keiko Fujimori attends a press conference in Lima, Peru, July 6, 2026. REUTERS/Angela Ponce     TPX IMAGES OF THE DAY
Peru's President-elect Keiko Fujimori attends a press conference in Lima, Peru, July 6, 2026. REUTERS/Angela Ponce     TPX IMAGES OF THE DAY

Macron calls go-it-alone defence strategies in Europe an 'absurdity'

French President Emmanuel Macron delivers his traditional address to the armed forces on the eve of the Bastille Day parade at the Ministry of Defense in Paris, France, July 13, 2026. Thomas Padilla/Pool via REUTERS
French President Emmanuel Macron delivers his traditional address to the armed forces on the eve of the Bastille Day parade at the Ministry of Defense in Paris, France, July 13, 2026. Thomas Padilla/Pool via REUTERS

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.