Topic
Fiscal Policy
News & analysis tagged Fiscal Policy — diplomacy, politics, and global affairs coverage from Model Diplomat.
33 Stories
Chile's Congress Hands Kast His Biggest Win
Chile's Congress approves Kast's corporate tax cut from 27% to 23%, but the IMF, World Bank, and fiscal council warn revenue losses outpace spending cuts, risking fiscal sustainability.
2026-07-22
Cameroon's $3.1B Mining Gap
Cameroon's $3.1 billion mining pivot from oil to iron ore faces a funding gap: only the Minim Martap bauxite project has financing, while three iron ore projects lack construction capital.
2026-07-19
Japan's $2.3 Trillion Bond Market Stress Test
Japan's 10-year bond yield hits 2.87% as PM Takaichi's $2.3 trillion spending plan breaks the yen-JGB inverse, threatening global markets via $1.2 trillion in Japanese-held US Treasuries.
2026-07-17
Japan's $2.3 Trillion Bond Market Revolt
Japan's 10-year JGB yield hits 2.87% as PM Takaichi's $2.3 trillion fiscal plan triggers bond sell-off, with spillovers to US Treasuries and yen carry trade.
2026-07-17
Nigeria's S&P Upgrade to B Validates Reset
S&P upgrades Nigeria to B, validating Tinubu's economic reset. But the rating's survival depends on whether reforms survive the January 2027 election amid cost-of-living crisis and IMF-flagged off-budget spending.
2026-07-16
Spain's €850B EU Debt Bid Tests Fiscal Sovere
Spain's €850B annual EU debt plan fails at Eurogroup as Germany blocks. The stalemate threatens Europe's defense financing and euro's global role.
2026-07-10
Kast's Megareforma Passes Chile's Chamber
Chile's Chamber of Deputies approves Kast's Reconstruction bill, aiming to cut corporate taxes and reshape fiscal policy amid regional scrutiny.
2026-07-09
Japan's BOJ Rate Hike and Yen Crisis
Japan's BOJ raises rates to 1% amid a record ¥122.3 trillion budget, causing bond yields to soar and yen to weaken.
2026-07-09
Japan's 10-Year Yield Hits 29-Year High
Japan's 10-year bond yield reaches 2.88%, the highest in 29 years, amid fiscal expansion and inflation pressures.
2026-07-09
Japan's 10-Year Yield Hits 2.88% Amid Clash
Japan's 10-year JGB yield reaches 2.88%, reflecting investor skepticism about BOJ's inflation management and Takaichi's spending plan.
2026-07-09
Japan's 1% Rate: Takaichi's Fiscal Challenge
Japan's policy rate hits 1%, as Prime Minister Takaichi's spending agenda tests the Bank of Japan's monetary policy amid rising inflation concerns.
2026-07-09
Colombia's Contraloría Opens 22 Technical HMT
Colombia's Contraloría initiates 22 technical tables with the new government to address a 2.6% GDP fiscal deficit, ensuring a smooth transition.
2026-07-09
Atlanta Fed: $56B Tariff Refund Impact
The Atlanta Fed finds that only $56 billion of the $166 billion in tariff refunds will lead to new investment or hiring, reshaping economic expectations.
2026-07-09
Atlanta Fed: $166B Tariff Refund Impact
The Atlanta Fed reveals that only $56 billion of the $166 billion tariff refund will lead to new hiring or investment, with most funds going to debt paydown.
2026-07-09
UK Debt Crisis: OBR Warns of Unsustainable
The OBR warns UK public finances are on an unsustainable path, needing £100bn a year to stabilize debt at 95% of GDP amid rising gilt yields.
2026-07-08
Joburg's Treasury Freeze: A Fiscal Shift
South Africa's National Treasury withholds funds from Johannesburg, invoking Section 216 to enforce compliance ahead of local elections.
2026-07-08
Nigeria's ₦8.83tn Off-Budget Spending Crisis
The IMF reveals ₦8.83 trillion in unreported spending by Nigeria's government, prompting calls for a probe from opposition leaders Atiku and Obi.
2026-07-07
France's €3.5 Trillion Snowball: Debt Crisis
France's public debt reaches €3.5 trillion, with interest costs set to dominate the budget by 2029, complicating the political landscape ahead of elections.
2026-07-07
France Freezes €3bn Amid Iran War Impact
France freezes an additional €3 billion in credits to defend a 5% deficit target, as the Iran war complicates fiscal stability.
2026-07-07
Brazil Treasury Intervenes in Bond Market
Brazil's Treasury intervenes in the $447B NTN-B bond market, buying back R$50 billion as demand falters due to tax-exempt corporate debentures.
2026-07-07
Keiko Fujimori's Policy Win with Velarde
Keiko Fujimori's decision to keep Julio Velarde at Peru's BCRP signals market stability, but fiscal challenges loom in Congress.
2026-07-06
Bahrain's Debt Hits 150% of GDP
Bahrain's government debt projected to exceed 150% of GDP, revealing deep structural issues exacerbated by the Iran war.
2026-07-01
Aruba's Mike Eman Returns as PM in 2024
Mike Eman sworn in as Aruba's PM after December 2024 elections, ending Wever-Croes's tenure and reshaping fiscal ties with the Netherlands.
2026-07-01
Suriname's Oil Countdown: A Year In
One year into Geerlings-Simons' presidency, Suriname faces challenges in oil readiness and fiscal management as IMF warns of economic risks.
2026-06-29