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Boost to GST credit, rent support and dental benefit to be first bills when Parliament returns: Trudeau
nationalpost.com/news/politics/boost-to-gst-credit-rent-support-and-dental-benefit-to-be-first-bills-when-parliament-returns-trudeau
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Will Trudeau’s $4.5B affordability plan help you? Here’s what to know: Prime Minister Justin Trudeau unveiled a plan to spend $4.5 billion, with $3 ...
globalnews.ca/news/9125513/trudeaus-affordability-plan-gst-dental-housing-benefits/
Canada's Trudeau announces C$4.5 bln inflation relief package for low earners: Canadian Prime Minister Justin Trudeau announced C$4.5 billion ($3 ...
reuters.com/world/americas/canadas-trudeau-announces-c45-bln-inflation-relief-package-low-earners-2022-09-13/
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Boost to GST credit, rent support and dental benefit to be first bills when Parliament returns: Trudeau
nationalpost.com/news/politics/boost-to-gst-credit-rent-support-and-dental-benefit-to-be-first-bills-when-parliament-returns-trudeau
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Will Trudeau’s $4.5B affordability plan help you? Here’s what to know: Prime Minister Justin Trudeau unveiled a plan to spend $4.5 billion, with $3 ...
globalnews.ca/news/9125513/trudeaus-affordability-plan-gst-dental-housing-benefits/
Canada's Trudeau announces C$4.5 bln inflation relief package for low earners: Canadian Prime Minister Justin Trudeau announced C$4.5 billion ($3 ...
reuters.com/world/americas/canadas-trudeau-announces-c45-bln-inflation-relief-package-low-earners-2022-09-13/
Trudeau announces $4.5 billion inflation relief package for low earners: Canada's inflation measures include a tax-free quarterly payment to offset sales tax ...
financialpost.com/news/economy/canadas-trudeau-announces-c4-5-bln-inflation-relief-package-for-low-earners
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Discounts could fuel unprecedented holiday shopping season: Retailers may need to offer more discounts to lure inflation-wary shoppers this holiday shopping ...
axios.com/2022/09/13/online-shopping-discounts-holiday-season-inflation
GST rebate hike makes sense but permanent fix needed to combat inflation: economists
globalnews.ca/news/9127853/liberal-affordability-plan-gst-economists/
LILLEY: Trudeau's answer to inflation is more spending that won't help long term: Prime Minister Trudeau has been warned that his government's own spending is ...
torontosun.com/opinion/columnists/lilley-trudeau-responds-to-inflation-woes-with-more-spending-that-wont-help-long-term
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Feds to unveil details of cost-of-living aids for low, modest income Canadians: Ottawa to reveal details on plan to double GST rebate cheques for six months ...
theglobeandmail.com/politics/article-feds-to-unveil-details-of-cost-of-living-aids-for-low-modest-income/
Trudeau to unveil new affordability plan during Liberal caucus retreat: Prime Minister Justin Trudeau will unveil the full details of a plan to try and take some ...
globalnews.ca/news/9125014/liberal-caucus-retreat-cost-of-living-plan/
LILLEY: Trudeau does everything he accuses his opponents of doing: While saying we shouldn't have fear and division in our politics, that's exactly what Justin ...
torontosun.com/opinion/columnists/lilley-trudeau-does-everything-he-accuses-his-opponents-of-doing
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Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation
cointelegraph.com/news/canadian-pm-justin-trudeau-says-investing-in-crypto-is-not-an-escape-from-inflation
Canada budget woos young voters, asks rich to pay more | kuwaittimes: Canada budget woos young voters, asks rich to pay more - Business - OTTAWA: The government ...
kuwaittimes.com/article/13228/business/canada-budget-woos-young-voters-asks-rich-to-pay-more/
Politics Briefing: Inflation rate ticked higher in March, markets bet on June rate cut
theglobeandmail.com/politics/article-politics-briefing-inflation-rate-ticked-higher-in-march-markets-bet-on/
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Macklem Sees Little Impact of Canada Budget on Fiscal Track: Bank of Canada Governor Tiff Macklem said Prime Minister Justin Trudeau’s recent budget did not ...
bloomberg.com/news/articles/2024-04-19/macklem-sees-little-impact-of-canada-budget-on-fiscal-track
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Quick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
Senate passes reauthorization of key US surveillance program after midnight deadline
apnews.com/article/fisa-donald-trump-surveillance-congress-johnson-81e991c9f82e77b2fe13f8a3e0e25349
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Irish budget: Government ran €8.3bn surplus last year: The Irish government ran a budget surplus of €8.3bn (£7.1bn) last year.
bbc.com/news/articles/cv2dqll2nn0o
Modi Urges Strong Government Amid Global Unrest: India Votes: Each day, Bloomberg journalists take you across a selection of towns and cities as they gear up for ...
bloomberg.com/news/articles/2024-04-19/modi-urges-strong-government-amid-global-unrest-india-votes
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Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Quick Glance: Escalating Middle East Tensions Shake World Markets
- Reports of an Israeli attack on Iranian soil potentially dragging the Middle East into a deeper conflict have rattled world markets with geopolitical risks.
- Stocks fell, oil briefly rose over $3 per barrel, and safe-haven government bonds rallied.
- The heightened tensions bring fresh uncertainty and fuel concerns that high oil prices and potential supply disruptions will keep inflation high.
- Energy stocks benefit from higher oil prices, while demand for safe-havens like US or German bonds rises amid renewed inflation risks from rising oil.
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Politics Briefing: Premiers warn Ottawa against ‘overreaching’ and setting conditions on funding
theglobeandmail.com/politics/article-politics-briefing-premiers-warn-ottawa-against-overreaching-and/
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Average mortgage holder spending record $2,800 on monthly payments: The median monthly mortgage payment jumped 11% in the past year due to surging interest rates ...
businessinsider.com/mortgage-payments-housing-market-interest-rates-house-prices-sales-2024-4
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Social Security cost of living boost in 2025? Early estimate calls for 2.6% increase
freep.com/story/money/personal-finance/susan-tompor/2024/04/18/how-high-could-inflation-drive-social-security-cola-hike-in-2025/73327853007/
Susan Delacourt: Would Pierre Poilievre or Justin Trudeau be the better party host? Airplane seatmate? Here’s who Canadians say they’d prefer to hang out with
thestar.com/politics/would-pierre-poilievre-or-justin-trudeau-be-the-better-party-host-airplane-seatmate-heres-who/article_ffcebcbe-fdae-11ee-9fa3-b7b48025c660.html
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LeBlanc says he plans to run in next election, under Trudeau's leadership: Cabinet minister Dominic LeBlanc says he plans to run in the next election as a ...
ctvnews.ca/politics/leblanc-says-he-plans-to-run-in-next-election-under-trudeau-s-leadership-1.6852780
The foreign interference inquiry features a parade of senior Liberals protesting too much
theglobeandmail.com/opinion/article-the-foreign-interference-inquiry-features-a-parade-of-senior-liberals/
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Money latest: Should you pay your kids for good grades? Here's what psychologists think
news.sky.com/story/money-blog-news-latest-consumer-financial-inflation-employment-rights-maternity-leave-cost-of-living-13040934
Should you wait for interest rate cuts to buy a house?: Once interest rates fall, property prices would likely go up, but buyers could borrow more money ...
smh.com.au/property/news/should-you-wait-for-interest-rate-cuts-to-buy-a-house-20240418-p5fkv8.html
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
cnbc.com/2024/04/18/trump-media-tells-djt-shareholders-how-to-block-short-sellers.html
Iran-Israel tensions: Can Iran's economy handle a war?: Iran is suffering from inflation, currency depreciation and the impact of international sanctions ...
dw.com/en/iran-israel-tensions-can-irans-economy-handle-a-war/a-68862368
How much money do you need to retire? Most Americans calculate $1.8 million, survey says.
usatoday.com/story/money/personalfinance/2023/08/02/how-much-money-americans-need-for-retirement/70507274007/
Instant view: Oil, Japan's yen up on reports Israeli missiles hit Iran: Oil and gold prices rose and Japan's yen rallied on Friday on reports Israeli missiles ...
reuters.com/markets/view-oil-japans-yen-up-reports-israeli-missiles-hit-iran-2024-04-19/
Heineken Ireland is latest to hike price of pint from June: Heineken Ireland has announced that the price of its draught products will increase from June 4.
independent.ie/business/irish/heineken-ireland-is-latest-to-hike-price-of-pint-from-june/a1053458282.html
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Trudeau visits UVic to tout funding for science, supports for students: The prime minister toured the University of Victoria’s CanAssist wing of the CARSA ...
timescolonist.com/local-news/trudeau-visits-uvic-to-tout-funding-for-science-supports-for-students-8629170
Trudeau stops at Victoria City Hall to chat with mayor: Afternoon traffic on Pandora Ave briefly halted as the prime minister’s motorcade pulled up in front of ...
timescolonist.com/local-news/trudeau-stops-at-victoria-city-hall-to-chat-with-mayor-8628431
Cougar spotted on UVic campus hours before PM's visit: Trudeau was at UVic Friday morning to make a research and education-related announcement ...
timescolonist.com/local-news/cougar-spotted-on-uvic-campus-hours-before-pms-visit-8626118
Sophie Grégoire Trudeau's book reads like a motherly chat about mental health: Closer Together is full of personal stories and tips for healthy living and ...
montrealgazette.com/news/local-news/sophie-gregoire-trudeaus-book-reads-like-a-motherly-chat-about-mental-health
Google Workers Protest Cloud Contract With Israel's Government: Google employees are staging sit-ins and protests at company offices in New York and California ...
wired.com/story/google-no-tech-for-apartheid-project-nimbus-israel-gaza-protest/
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
As India’s smallest state votes, a broken hydro plant takes centerstage: Sikkim’s hydropower dream of huge revenues has turned into a nightmare due to ...
aljazeera.com/economy/2024/4/18/a-flash-flood-and-a-quiet-sale-highlight-indias-sikkims-hydro-problems
Trudeau’s Ex-Finance Minister Criticizes Capital Gains Tax Hike: Prime Minister Justin Trudeau’s former finance minister said he rejected the idea of hiking the ...
bloomberg.com/news/articles/2024-04-17/trudeau-s-ex-finance-minister-criticizes-capital-gains-tax-hike
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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Trudeau, Poilievre trade attacks over the federal budget: Prime Minister and Conservative Leader accuse each other of supporting the wealthy at Canadians’ ...
theglobeandmail.com/politics/article-trudeau-tries-to-win-back-voters-by-painting-poilievre-as-supporter-of/
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If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Trudeau government urged to walk the talk on Canada's climate policies: Canada's federal budget on Tuesday unveiled few emissions-cutting policies ...
reuters.com/world/americas/trudeau-government-urged-walk-talk-canadas-climate-policies-2024-04-17/
Biden is seeking higher tariffs on Chinese steel as he courts union voters: President Joe Biden wants to triple U.S. tariffs on steel from China ...
apnews.com/article/biden-china-steel-tariffs-union-workers-0399b0450b67086ca86edc43ac45e5e9
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
Honda, Toyota in Canada’s Sights With New EV Tax Incentive: Prime Minister Justin Trudeau is offering more tax breaks to automotive firms to put their electric ...
bloomberg.com/news/articles/2024-04-16/honda-toyota-in-canada-s-sights-with-new-ev-tax-incentive
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Performing arts to be compulsory in CBC syllabus, says Machogu : Every school expected to take part in the performing arts competitions.
nation.africa/kenya/news/education/performing-arts-to-be-compulsory-in-cbc-syllabus-says-machogu--4591304
Trudeau government gets an angry reception as it promotes federal budget: Indigenous leaders, disability groups, doctors, real estate investors, business groups ...
thestar.com/politics/federal/trudeau-government-gets-an-angry-reception-as-it-promotes-federal-budget/article_0fe63b9a-fcec-11ee-b47c-ef21bc539490.html
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Republican states urge Congress to reject DEI legislation: A host of Republican-led states are urging Congress to reject two Democrat-sponsored bills aimed at ...
thehill.com/homenews/race-politics/4597936-republican-states-urge-congress-reject-dei-legislation/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Rains in Sharjah: Remote work for government departments extended till April 17: Extra day allotted for work from home after heavy rains on Tuesday
gulfnews.com/uae/government/rains-in-sharjah-remote-work-for-government-departments-extended-till-april-17-1.102191005
Trudeau’s Housing Gambit Has Business Worried About Tax Hikes: Prime Minister Justin Trudeau’s government is set to unveil an ambitious budget aimed at fixing ...
bloomberg.com/news/articles/2024-04-15/trudeau-s-housing-gambit-has-business-worried-about-tax-hikes
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America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Government suffers fresh Rwanda Bill defeat in Lords: Peers maintain stand-off with government over flagship controversial Rwanda deportation plan.
bbc.com/news/uk-politics-68831697
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
Chrystia Freeland presents Trudeau government’s annual budget today: The federal government will table its annual budget on Tuesday, after Prime Minister Justin ...
trib.al/0TWRrrr
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
Politics Briefing: RCMP searched home of ArriveCan contractor: Also, capital-gains tax hikes on wealthy Canadians and corporations; a former Bank of Canada ...
theglobeandmail.com/politics/article-politics-briefing-rcmp-searched-home-of-arrivecan-contractor/
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International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/konjunktur-deutschland-auf-dem-letzten-platz-der-industrienationen-schon-wieder-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Higher capital gains taxes won’t work as claimed, but will harm the economy: The Trudeau government has increased capital gains taxes. The move will be ...
theglobeandmail.com/business/commentary/article-higher-capital-gains-taxes-wont-work-as-claimed-but-will-harm-the/
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Ringgit opens higher despite greenback strength: KUALA LUMPUR: The ringgit opened higher against the US dollar today although the greenback’s appeal as a ...
thestar.com.my/business/business-news/2024/04/17/ringgit-opens-higher-despite-greenback-strength
Susan Delacourt: Justin Trudeau has a budget bucket list — and it’s aimed at Pierre Poilievre
thestar.com/politics/justin-trudeau-has-a-budget-bucket-list-and-it-s-aimed-at-pierre-poilievre/article_7016bf5a-fc3b-11ee-aabb-e7a852061f65.html
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Is It Time To Buy Gold Stocks And ETFs As Gold Futures Hit A High? Here's What Charts Show
investors.com/research/gld-stock-a-buy-right-now-heres-what-charts-show-2/
| Montreal Gazette: "They will be voting against asking the ultra-rich to pay their share," prime minister says.
montrealgazette.com/news/national/conservatives-vote-against-budget-is-a-vote-against-fairness-trudeau-says
Canada announces more sanctions on Belarus as opposition leader visits Ottawa: The Liberals announced the latest round of sanctions on Belarus as Trudeau ...
theglobeandmail.com/politics/article-canada-announces-more-sanctions-on-belarus-as-opposition-leader-visits/
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Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
Great budget, Ottawa, but how to execute it when Canada fails to retain talent?: The Trudeau government has unleashed a slew of economic investments; but the ...
theglobeandmail.com/business/commentary/article-great-budget-ottawa-but-how-to-execute-it-when-canada-fails-to-retain/
Why child care costs are soaring: Wages in the industry have risen fast in the last few years — but they're still pretty low.
axios.com/2024/04/16/child-care-costs
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Concern for Bank of England as real earnings growth at highest rate since 2021: While the wage figures are good news for households on the face of it ...
news.sky.com/story/real-earnings-growth-at-its-highest-rate-in-nearly-two-and-a-half-years-13116319
Quick Glance: Rising Real Earnings Growth Raises Concerns at Bank of England
- An unexpectedly weaker decline in the pace of wage increases has led to real earnings growth reaching its highest level in nearly two and a half years when considering inflation, according to the latest official data.
- Recent official figures indicate that average regular pay without bonuses was at 6% in the three months to February compared to the previous year.
- The broader ONS statistics revealed an increase in the UK's unemployment rate from 3.9% to 4.2%, with caution due to ongoing efforts to enhance the reliability of employment data.
- The forthcoming inflation data expected on Wednesday is likely to demonstrate further progress towards the Bank's objectives and the potential for a decrease from the current 5.25% interest rate.
Freeland set to table 2024 federal budget in the House of Commons - National | Globalnews.ca
trib.al/yDBrt5f
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
The shadow of war darkens on the global economy: Short-term performance has been surprisingly good but policymakers are walking on eggshells
ft.com/content/31158ec7-433b-4c0e-9f2e-8a13e8dd4750
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
Takeaways: Iran's attack on Israel raises fears of a wider war: The unprecedented attack by Iran on Israel early Sunday ratcheted up regional tensions ...
apnews.com/article/iran-israel-attack-hamas-biden-8ffb1a81e6769bb1d27c849e6108da36
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
- A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.
- Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.
- The increased minimum wages worsen the existing challenges faced by independent restaurants in California.
- Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
March's inflation data had good and bad news about food: It's getting increasingly cheaper to eat at home.
axios.com/2024/04/10/march-cpi-food-inflation
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