Fiscal Policy
Beijing Sets Lowest Growth Target on Record as Policy Pivot Takes Shape
China's Two Sessions unveil a 4.5-5% GDP target and RMB 12 trillion fiscal deployment—signaling restraint amid trade tensions and the launch of a manufacturing-first industrial strategy through 2030.
Moscow’s Elite Pull Capital From Russia as Budget Crisis Deepens
Wealthy investors scaling back domestic investments amid fiscal strain exposes eroding confidence in Russia's economic sustainability beyond surface-level stability.
Beijing Lowers Growth Target to 4.5–5% as Xi Consolidates Economic Control
China's National People's Congress sets 2026 GDP target range, maintains 4% fiscal deficit, and accelerates tech-first strategy under centralized Party leadership.
OBR Warns Iran Conflict Could Deliver ‘Significant’ Hit to UK Economy as Gilt Yields Spike
The fiscal watchdog flagged Middle East tensions as a key risk to its forecasts as 10-year gilt yields jumped to 4.30% amid renewed inflation fears and energy market turmoil.
The £43,000 Question: How Britain’s Debt Burden Falls Heaviest on the Young
UK debt servicing now costs £111 billion annually—more than defence spending—while younger generations inherit a fiscal legacy they never created.
The Economics of Endurance: How Ukraine Financed Four Years of War
Four years into Russia's invasion, Ukraine's ability to sustain military operations rests on a financial architecture that redefined war finance—and exposed the limits of Western support.
UK Borrowing Falls as Reeves Delivers Post-Pandemic Fiscal Consolidation
Britain plans fastest deficit reduction in G7 as gilt issuance holds at £304 billion despite tighter fiscal stance.