Government Finances

South Africa`s Zuma says ANC lawmakers who voted against him must be punished

South Africa`s Zuma says ANC lawmakers who voted against him must be punished

Published 14/08/2017

South Africa's President Jacob Zuma wants the African National Congress to identify and punish party members who voted against him in a no-confidence motion in parliament last week. [more…]

Exclusive: India aims to revamp health scheme, lower costs after criticism

Exclusive: India aims to revamp health scheme, lower costs after criticism

Published 14/08/2017

India's health ministry has trimmed its cost estimates for extending its main public health program by 25 percent after criticism from a federal think-tank over inefficiency and slow progress, according to government documents seen by Reuters. [more…]

U.S. judge orders Illinois to boost disabled care

U.S. judge orders Illinois to boost disabled care

Published 11/08/2017

A U.S. judge on Friday ruled that Illinois was not providing sufficient resources for the care of developmentally disabled residents and ordered the state to come up with a plan to restore services. [more…]

Illinois fights potential hike in disabled care funding

Illinois fights potential hike in disabled care funding

Published 04/08/2017

Illinois fought on Friday against a potential court order it contends could cost the state, which just ended an unprecedented budget impasse, as much as an additional $1 billion annually to care for developmentally disabled people. [more…]

Russia faces higher inflation, weaker rouble this year: Reuters poll

Russia faces higher inflation, weaker rouble this year: Reuters poll

Published 01/08/2017

FILE PHOTO - Shoppers look at meat on offer on a market stall in Moscow February 8, 2013.

By Zlata GarasyutaMOSCOW - Russia faces the prospect of slightly higher inflation this year and a weaker rouble than previously expected, a Reuters p

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Connecticut lawmakers approve labor pact with pension concessions

Connecticut lawmakers approve labor pact with pension concessions

Published 31/07/2017

Connecticut lawmakers narrowly approved a new labor contract with public employees on Monday that is expected to save the state at least $1.2 billion - largely through pension concessions - and could clear the way for lawmakers to agree on a past due budget.

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UK finance ministry`s top cat toasts first year in office

UK finance ministry`s top cat toasts first year in office

Published 28/07/2017

The HM Treasury name is seen painted on the outside of Britain's Treasury building in central London, Britain November 25, 2015.

Twenty-two mice scurrying around Britain's finance ministry have fallen foul of the chief mouser to the Treasury since he took up residence one year ago with a mission to reduce the government department's rodent population.

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Wells Fargo board not changing quickly enough: NYC Comptroller

Wells Fargo board not changing quickly enough: NYC Comptroller

Published 27/07/2017

The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016.

Wells Fargo & Co needs to work more quickly to remake its board of directors following a sales scandal and public rebuke at the bank's annual meeting in April, New York City Comptroller Scott Stringer said.

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Merkel`s Bavarian ally opposes Macron`s euro zone reform plans: Der Spiegel

Merkel`s Bavarian ally opposes Macron`s euro zone reform plans: Der Spiegel

Published 22/07/2017

Bavarian Finance Minister Markus Soeder (CSU) arrives in the Bavarian state parliament in Munich July 17, 2012.

A senior member of German Chancellor Angela Merkel's Bavarian allies rejected French President Emmanuel Macron's plans to reform the euro zone by installing a joint finance minister and creating a common budget, in an interview published on Saturday.

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