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Budget news — August 1, 2026 - Page 10

Publications tagged with Budget published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 10 of 12.

273 publications

  1. SocietyMiddle EastInequalityBudgetWeather

    Colombia Reports 435 Human Trafficking Cases in 2025, Most Involving Women and Internal Trafficking

    In 2025, Colombia reported 435 cases of human trafficking, with 380 involving women and 55 men. The majority of cases (69.4%) were internal, occurring within the national territory. On July 27th, Law 2608 was enacted to strengthen protection and assistance for victims and survivors, and to impose harsher penalties on perpetrators (13 to 23 years imprisonment).
    12 sourcesSee all sources
  2. WorldMiddle EastBudgetBanking

    UAE Banks Defer Dh13.5 Billion in Loan Repayments, Asset Quality Improves

    The Central Bank of the UAE (CBUAE) confirmed that the banking sector achieved the best asset quality ratios at the end of Q2 2026. The non-performing loan (NPL) ratio decreased significantly to 2.8%, and net NPL ratio reached 1.3%, both recording their lowest levels since 2020. The stock of NPLs declined to AED76 billion. This improvement was driven by regulatory and supervisory measures, including intensive inspections and enhanced engagement with industry representatives. The CBUAE's comprehensive support package, introduced in March 2026, enabled repayment deferrals on loans worth AED13.5 billion, benefiting 135,031 bank customers across various segments. Banking assets increased by 12.5%, loans grew by 18.1%, and deposits rose by 14% compared to the same period in 2025.
    4 sourcesSee all sources
  3. SocietyBudgetWhite-collar

    Ayuso Government Sells Controversial Chamberí Penthouse One Day After Purchase

    The Ayuso government in Madrid has announced that it is selling a luxury penthouse in the Chamberí district, just one day after the purchase was made public. The decision comes amidst controversy surrounding the initial justification for the purchase of the 485 sqm property. The government has not yet provided details on the cost of the penthouse or the reason for its sudden sale.
    8 sourcesSee all sources
  4. PoliticsMiddle EastBudget

    Romero's Future Uncertain as Inter Milan Signs Stones

    Tottenham Hotspur captain Cristian Romero is keen on a move to Spain, with Barcelona and Atlético Madrid showing interest. However, Barcelona considers him non-priority, while Atlético is hesitant due to his high salary. Inter Milan was also interested but is now likely to withdraw due to signing John Stones on a free transfer. Romero remains a key player for Tottenham, who values him highly and is open to offers.
    4 sourcesSee all sources
  6. BusinessBudget

    Bank of England Holds Interest Rates at 3.75%

    The Bank of England's Monetary Policy Committee voted 6-3 to keep the key interest rate unchanged at 3.75%. The decision was influenced by global uncertainties and domestic inflation outlook. While three members supported a rate hike due to persistent inflation risks, the majority maintained the current rate to ensure stability for variable-rate mortgages and loans. The Bank expects inflation to peak at 3.2% in Q4 before returning to target in early 2028.
    12 sourcesSee all sources
  7. SocietyCorruptionBudgetWhite-collarFraudVisas

    Ex-Employee Exposes Company's Alleged Scams and Unfair Practices

    A former employee, Qi Sheng, has been exposing a company's alleged scams and unfair practices. The company, which operates in a 'European fast kill' mode, is accused of not disclosing performance bonus information, sudden office relocations, unpaid fees, and not helping employees renew their visas on time. The employee has threatened to expose more information, including office locations and family members of the bosses (AK and Jin Zong/A Fei), if the company does not settle the issues.
    18 sourcesSee all sources
  8. WorldMiddle EastBudget

    Delhi to Set Up Compressed Biogas Plants for Waste Management

    Delhi's Chief Minister Rekha Gupta attended the signing of an MoU between the Municipal Corporation of Delhi (MCD) and Oil India Limited. The agreement aims to establish Compressed Bio-Gas (CBG) plants at Tehkhand and Okhla, converting organic waste into Bio-CNG and organic manure. This initiative seeks to reduce waste disposal issues, generate clean energy, and promote a sustainable future.
    8 sourcesSee all sources
  10. U.S.LaborBudget

    U.S. Jobless Claims Drop Below Expectations

    The U.S. Labor Department reported that new jobless claims last week were 197,000, lower than market expectations and an increase of 9,000 from the previous week. The four-week moving average was approximately 203,000, a decrease of 5,000. The number of people continuing to receive jobless benefits as of July 18 was 178.2 million, below market expectations and a decrease of 7,000 from the previous week.
    6 sourcesSee all sources
  12. PoliticsRegulatorsMiddle EastBudget

    Moscow Tax Authority Targets Unemployed Citizens with Expensive Assets

    The Moscow tax authority has begun sending letters to working-age unemployed citizens who have purchased expensive cars, yachts, and real estate. The inspectors are demanding explanations for the source of funds used for these purchases and documents proving income. Tax lawyers note that citizens are not obligated to maintain accounting records of their income and expenses.
    23 sourcesSee all sources
  15. SocietyCorruptionAfricaBudget

    LA's Homeless Funding Battle: City vs. County over $240M

    LA City and County are clashing over control of $240 million in federal homeless funds after HUD suspended the local agency, LAHSA, due to fraud allegations. The city argues it should manage the funds as it houses the majority of the county's homeless population and operates many homeless programs. The county, however, wants to take control, citing its experience in managing federal grants and preventing service disruptions. LAHSA is challenging its suspension in federal court.
    3 sourcesSee all sources
  20. BusinessBudgetTradeMarkets

    30-Year Treasury Yield Hits Highest Level Since 2007

    The yield on 30-year U.S. Treasury bonds has surged to its highest level since 2007, reaching as high as 5.244% during trading. This significant increase comes after the Federal Reserve left interest rates unchanged, with yields on the benchmark 10-year note also rising to 4.671%. Market analysts attribute this development to growing concerns about long-term fiscal health and inflation.
    30 sourcesSee all sources
  21. WorldNorth AmericaBudget

    Japan Temporarily Slashes Food Tax to 1% for Inflation Relief

    Japan's government has announced a temporary reduction of the consumption tax on food from 8% to 1%, effective from April next year. This move aims to alleviate the pressure on living costs in the world's fourth largest economy, which are being exacerbated by the war in the Middle East and a weak Japanese yen. The program is expected to cost $61 billion and economists have warned about potential inflation.
    3 sourcesSee all sources
  22. U.S.Local GovBudget

    New York Halts Work at Third Office-to-Residence Conversion

    New York City has temporarily halted work at a third office-to-apartment conversion project this month. The latest halt occurred at a 30-story building at 750 Third Avenue in East Manhattan due to issues related to its steel structure. The Department of Buildings ordered the suspension pending an engineering report. This action follows two previous temporary suspensions at other buildings due to safety concerns.
    5 sourcesSee all sources
  24. WorldExecutiveRegulatorsMiddle EastBudget

    Santa Priscila Acquires Ecuaprotein, Expanding Ecuador's Shrimp Business

    The Superintendency of Economic Competition (SCE) authorized Industrial Pesquera Santa Priscila S.A. to purchase Protein Ecuador Ecuaprotein S.A. The acquisition allows Santa Priscila, one of Ecuador's largest shrimp companies, to diversify its business by incorporating the production of shrimp and fish hydrolysates. This move reduces dependence on shrimp exports and monetizes waste products. The SCE concluded that the acquisition does not harm competition.
    2 sourcesSee all sources