Tag: National budgets
Navy says it’s charting a new course after rash of problems
BATH, Maine — The Navy’s speedy littoral combat ships had propulsion failures. The gun on its stealthy destroyer is a dud because of expensive...
Nonpartisan budget report says future nuke costs are rising
WASHINGTON — The projected cost of modernizing the U.S. nuclear force is escalating, including billions of dollars more to operate nuclear-armed submarines and to...
New Zealand spending plan includes rebuilding Antarctic base
WELLINGTON, New Zealand — New Zealand plans to rebuild its Antarctic base and spend billions more on welfare payments as part of a spending...
Refugees arriving in US unlikely to exceed cap set by Trump
SAN DIEGO — President Joe Biden, under political pressure, agreed to admit four times as many refugees this budget year as his predecessor did,...
US budget deficit hits record $1.9 trillion so far this year
WASHINGTON — The U.S. budget deficit surged to a record of $1.9 trillion for the first seven months of this budget year, bloated by...
Australia plans big defense and security investments
CANBERRA, Australia — The Australian government released a big-spending economic plan for the next fiscal year on Tuesday that includes hefty investments in defense...
Minnesota Legislature struggles for compromise on policing
MINNEAPOLIS — Negotiators in Minnesota’s divided Legislature on Monday kicked off what's sure to be a long and contentious debate over whether further police...
UK government facing mounting criticism over aid budget cuts
LONDON — The British government faced mounting criticism Wednesday over its planned cuts to overseas aid spending as leaked details point to big reductions...
UK sees budget deficit rise to highest rate since 1946
LONDON — Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since the year after the end of...
UN concerned over halt of oil production in eastern Libya
CAIRO — The United Nations voiced concern Thursday over the recent halt of oil production at a Libyan eastern terminal and more imminent shutdowns...