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Government Spending

Pentagon spending hits five-year high amid anti-ISIS campaign
The rate at which the United States economy grew last quarter has surpassed the expectations of experts, and a surge in military spending is said to be the culprit.

30.10.2014 15:14

‘Britain’s no El Dorado’: Calais mayor urges UK cooperate with migrant-swept city
Some 2,500 migrants in Calais have moved to the city not because they want to remain in France, but because they want to move to Britain, whose laws, according to the mayor of the French city, are more lenient to asylum seekers.

29.10.2014 19:51

Federal Reserve ends quantitative easing bond-buying program
The Federal Reserve has officially announced an end to its quantitative easing bond-buying program, but economists are split over whether the central bank’s decision will help or hinder post-recession recovery.

29.10.2014 14:16

EU funding row sparks huge surge in UKIP support – poll
Support for Britain’s anti-EU UK Independence Party (UKIP) has reached a record high following Brussels’ recent effort to levy a mammoth £1.7 billion extra charge on Britain, a new poll reveals.

28.10.2014 09:48

‘Pandora’s box’: Cameron risks fines if Britain refuses to pay EU tax bill
A failure to comply with the European Commission’s demand on the UK to contribute an extra £1.7bn ($2.66 billion) to the European Union budget could result in fines for the British government, it emerged on Monday.

27.10.2014 15:24

‘Not survivable’ but very profitable: Contractors cash in on failed intelligence network
The capabilities of a multi-billion dollar intelligence-sharing system built for the Pentagon are questioned in a new report that raises concerns about the platform’s lackluster performance.

27.10.2014 16:01

‘Profit over security’: Business trumps climate targets – Oxfam UK
A “toxic triangle” of political inaction, short-sighted economic policies and profit-driven fossil fuel advocates threaten to raise global temperatures, leaving 400 million people in jeopardy of hunger and drought by 2060, Oxfam UK warned on Friday.

17.10.2014 14:05

Tennessee to vote on banning income tax in perpetuity
On Election Day, Tennesseans will vote on whether or not to amend the state constitution to permanently ban income and payroll taxes in the Volunteer State. But even if the resolution fails, it is unlikely the legislature will institute new taxes.

15.10.2014 19:18

Tens of thousands of NHS workers stage historic pay strike
Thousands of NHS workers, including ambulance staff, midwives and nurses staged a four-hour walkout on Monday morning. The action was the first strike over pay and conditions by NHS staff in 32 years.

13.10.2014 08:57

#OpSafeWinter: UK Anonymous battle austerity with homeless campaign
UK-based members of Anonymous launched Operation Safe Winter in Britain on Friday. The project is aimed at providing the homeless with life’s essentials, while raising awareness of the punishing effects of austerity and the UK's housing crisis.

10.10.2014 15:05

What a waste! German watchdog slams weird ventures funded by taxpayers
A saltwater fish farm some 600 km from the sea, renovated thermal baths in the red and seven bridges over a 1.5 km long river – these are just some of the controversial German local government projects, costing millions to the taxpayers.

09.10.2014 17:31

London’s new ‘driverless’ Tube trains slammed by unions
Next generation London Underground trains will be “driverless” Mayor Boris Johnson and rail bosses have announced. Unions called the move “lethal and cash driven nonsense” that will cost jobs.

09.10.2014 15:00

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