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5 May 22
US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
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14 Apr 22
The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
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11 Apr 22
Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
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6 Apr 22
The US Federal Reserve is set to rapidly reduce its balance sheet and continue to hike interest rates, as it seeks to tame soaring inflation, according to a senior official at the bank.
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29 Mar 22
US president Joe Biden has outlined budget plans including a tax on the very wealthiest Americans and “fiscal responsibility” through a $1.3trn reduction in the government deficit - a record for a...
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25 Mar 22
G7 leaders have announced a crackdown on the Russian central bank’s ability to sell its gold reserves to prop up the rouble, as they draw up fresh efforts to stop Vladimir Putin’s government getting...
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25 Mar 22
Authorities in Florida are working out how to accept tax payments in cryptocurrency, the governor of the US state has said.
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17 Mar 22
The US Federal Reserve has raised interest rates for the first time in almost four years, as the nation attempts to mitigate the risks of soaring inflation.
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10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
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3 Mar 22
The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
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3 Mar 22
A decision to restrict personal investments by staff at the US Fed provides an ethical reminder for public sector accountants.
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17 Feb 22
The Bank of Canada could implement a series of interest rate rises to mitigate soaring inflation, according to its deputy governor.
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16 Feb 22
Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
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15 Feb 22
Former Canadian Conservative leader has tabled a bill enabling the auditor general to scrutinise the Bank of Canada’s Covid-19 quantitative easing programme.
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3 Feb 22
A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
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14 Jan 22
A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
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11 Jan 22
More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
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7 Jan 22
The US Federal Reserve has indicated it could hike interest rates faster-than-expected and begin to reduce the level of debt it holds, to help mitigate soaring inflation.
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21 Dec 21
Canada’s decision to implement its digital services tax in 2024 if global reforms stutter has concerned the US administration, which has threatened to look again at its trade agreements with its...
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16 Dec 21
The US Federal Reserve is set to taper its bond buying faster-than-expected, alongside interest rate rises next year, to help reduce inflationary pressures.
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15 Dec 21
Canada’s high spending during the pandemic has been hailed as the reason for the country’s swift economic recovery from the shock of 2020.
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15 Dec 21
The US Congress has voted to raise the government’s debt ceiling, just hours before the country risked defaulting on its obligations.
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3 Dec 21
US politicians have approved a bill to continue current funding commitments until February, avoiding a government shutdown.
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26 Nov 21
Quebec has nearly halved its deficit forecast this year, as the province has recorded an “extraordinary recovery” from Covid-19, according to its finance ministry.
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23 Nov 21
Jerome Powell will serve a second term as chair of the US Federal Reserve after president Joe Biden opted for continuity rather than change and stuck with his predecessor Donald Trump’s appointment.
Biden says US will pay down debt for first time in years and promises largest ever deficit reduction5 May 22US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
14 Apr 22The Bank of Canada has announced its highest interest rate increase in more than 20 years, as the nation grapples with soaring inflation.
11 Apr 22Better-than-expected fiscal performance will see Canada’s debt-to-GDP remain the lowest amongst its G7 peers.
6 Apr 22The US Federal Reserve is set to rapidly reduce its balance sheet and continue to hike interest rates, as it seeks to tame soaring inflation, according to a senior official at the bank.
25 Mar 22G7 leaders have announced a crackdown on the Russian central bank’s ability to sell its gold reserves to prop up the rouble, as they draw up fresh efforts to stop Vladimir Putin’s government getting...
25 Mar 22Authorities in Florida are working out how to accept tax payments in cryptocurrency, the governor of the US state has said.
3 Mar 22The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
3 Mar 22A decision to restrict personal investments by staff at the US Fed provides an ethical reminder for public sector accountants.
16 Feb 22Afghanistan’s central bank has criticised the US for planning to use $7bn of its assets that Washington froze last year, saying they are owned by the people and would not have been used by the...
3 Feb 22A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
14 Jan 22A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
11 Jan 22More than 15 Democrats Congress members have urged Treasury secretary Janet Yellen to vote in favour of abolishing the International Monetary Fund’s high fees for long-term debtors , amid fears it...
15 Dec 21Canada’s high spending during the pandemic has been hailed as the reason for the country’s swift economic recovery from the shock of 2020.
15 Dec 21The US Congress has voted to raise the government’s debt ceiling, just hours before the country risked defaulting on its obligations.
3 Dec 21US politicians have approved a bill to continue current funding commitments until February, avoiding a government shutdown.
