Tag: cuts
development aid, France 2030 plan… The Bayrou government’s first cuts – L’Express
More than half a billion less for the France 2030 plan, nearly 800 million cut from Public Development Assistance (ODA) and 34 million less for an already frugal Sports budget……
Brown-Forman cuts 12% of global workforce
(Finance) – Brown Formanthe American alcohol giant that controls the Jack Daniel’s brand, has announced a workforce reduction affecting approximately 12% of its 5,400 employees worldwide and the closing of…
Wall Street in red. Job Report USA distances rate cuts
(Finance) – Negative session for Wall Street, with the Dow Jones which is leaving 1.40% on the floor; along the same lines, bad day for theS&P-500which continues the session at…
Venezuela cuts diplomatic relations with Paraguay | News in brief
Venezuela announced on Monday that it was cutting diplomatic relations with Paraguay and inviting all its foreign affairs representatives home. The alignment was made a day after Paraguay’s president Santiago…
faced with the cessation of Russian gas, Transnistria extends power cuts
Transnistria, a pro-Russian separatist territory in Moldova, announced this Saturday, January 4, that it would introduce new power cuts for the population due to the cessation of deliveries of Russian…
Student unions rage against the government’s “betrayal” – cuts support
The government wants to reduce the support to Sweden’s student unions by almost a third by 2026. Now student unions around the country are forced to cut back on their…
Berlin’s culture is threatened by budget cuts
Every year, thousands of Swedes visit Berlin as tourists. Many were attracted by the city’s culture with nightclubs, opera, art and theatres.But the culture is now threatened by extensive budget…
Wall Street rises sharply after PCE inflation improves bets on rate cuts
(Finance) – Strong earnings day for Wall Street after starting lowerwith the Dow Jones up 1.74%; on the same line, it moves with the wind at its backS&P-500which reaches 5,967…
Sweden’s central bank cuts rates by 25 basis points to 2.50%
(Finance) – The Riksbankthe Swedish central bank, has decided to cut the reference rate by 0.25 percentage points to 2.50%to provide further support to the economy and help inflation stabilize…
USA, the Fed cuts rates by a quarter of a point. Only two more in 2025
(Finance) – The Federal Reserve it cut interest rates by a quarter of a point, bringing them to a range between 4.25 and 4.50%. For the US central bank, this…