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Budget news — August 1, 2026 - Page 5

Publications tagged with Budget published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 5 of 12.

273 publications

  4. U.S.RegulatorsAsiaNorth AmericaBudget

    Mallplaza Expands in Colombia: Acquires Eight Shopping Centers for US$376 Million

    Mallplaza, a leading shopping center chain, has signed a binding agreement to acquire eight shopping centers in Colombia from the Gran Plaza chain, owned by the real estate fund Pactia. The acquisition, valued at approximately US$376 million, will increase Mallplaza's portfolio to 45 assets across Peru, Chile, and Colombia. The eight shopping centers generated an approximate Net Operating Income (NOI) of US$35.4 million in the last 12 months and will add 180,000 square meters of Gross Leasable Area (GLA) to Mallplaza's portfolio. This deal strengthens Mallplaza's regional platform and consolidates its presence in Colombia.
    7 sourcesSee all sources
  6. WorldRegulatorsMiddle EastBudget

    Latvia Seeks €800 Billion from Russia for 'Soviet Occupation' Damage

    The Latvian government has calculated that the damage caused by the Soviet occupation of the country exceeds €800 billion. The figure, named by the chairman of the government commission Gatis Kruminš, includes missed economic development, money taken from Latvia's budget, Russification, and leaving the USSR with excess enterprises. The commission is preparing a final report to potentially use in international legal proceedings against Russia.
    6 sourcesSee all sources
  8. BusinessBudget

    Aneel Keeps Yellow Flag for Power Accounts in August

    The National Electric Energy Agency (Aneel) has kept the yellow flag for electricity consumers in August, marking the fourth consecutive month of higher bills. The yellow flag indicates an additional charge of R$ 1.885 on the electricity bill for each 100 kilowatt-hours (kWh) consumed. This is due to less favorable conditions for energy generation in the country, including a reduction in the levels of reservoirs in hydroelectric plants and the need to activate thermoelectric plants, which have a higher cost. Aneel emphasizes the importance of conscious use of electricity to help control expenses.
    6 sourcesSee all sources
  9. ScienceBudgetTradeLogistics

    Gold Price Fluctuations Awaiting Fed Decision

    Gold prices fluctuated throughout the week, influenced by a strengthening dollar and market anticipation of the Federal Reserve's mid-term decision on interest rates. The gold price slightly decreased on Wednesday, with markets awaiting Fed Chair Jerome Powell's press conference. Despite the initial decrease, gold prices rebounded and are on track to end a four-month decline, with a monthly gain of over 2%. The most liquid gold contract closed higher on Thursday following the Fed's decision to maintain interest rates and the release of the Personal Consumption Expenditures index. Gold is seen as a hedge against inflation but loses its appeal when interest rates are high.
    17 sourcesSee all sources
  10. WorldMiddle EastBudgetPublic Health

    IMF Chief Praises Argentina's Economic Stability, Urges Continuity

    Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), visited Argentina and commended the country's economic achievements under President Javier Milei's administration. She highlighted the stabilization of the economy, with two consecutive years of primary fiscal surpluses, reduced inflation, and decreased poverty. Georgieva also praised the development of Vaca Muerta, a significant unconventional hydrocarbons formation, and encouraged Argentina to maintain its course and extend growth opportunities to the entire economy.
    2 sourcesSee all sources
  16. BusinessNorth AmericaBudgetTrade

    IMF Chief Praises Argentina's Economic Progress, Compares It to Messi's Career

    Kristalina Georgieva, IMF Managing Director, visited Argentina and commended the country's economic achievements under President Javier Milei. She noted two consecutive years of primary fiscal surplus, economic growth, reduced inflation, and improved sovereign financing costs. Georgieva compared Argentina's economic transformation to Lionel Messi's career, highlighting perseverance as key to both successes. She also emphasized the need for further reforms, including an independent central bank and a durable fiscal rule, to sustain growth.
    2 sourcesSee all sources
  17. WorldJudiciaryMiddle EastBudget

    Fender's Legal Battle Over Stratocaster Design

    Fender Musical Instruments has sparked a global legal feud by claiming copyright protection over the iconic Stratocaster electric guitar design. The company sent cease-and-desist letters to other guitar manufacturers, demanding they stop selling Strat-shaped guitars in Europe. Opponents argue that the Strat shape is generic and not eligible for trademark protection, citing a 2009 U.S. ruling. Fender's new strategy is based on a 2025 German court decision that granted copyright protection to the design. The dispute has led to litigation and divided the global guitar business.
    3 sourcesSee all sources
  20. U.S.Local GovNorth AmericaBudget

    Major Unions Urge U.S. to Reconsider Tariffs on Canada

    Leaders of two major international unions, United Steelworkers and International Association of Machinists and Aerospace Workers, have written to U.S. Trade Representative Jamieson Greer, urging him to reconsider the proposed 50% tariffs on Canadian goods set to take effect on Aug. 19. The union leaders, representing over 1.45 million workers, argue that these tariffs could drive a deeper wedge between the U.S. and Canada, and undermine economic and national security. They call for renewed engagement and negotiations to stabilize the U.S.-Canada trade relationship.
    6 sourcesSee all sources
  22. WorldRegulatorsConstitutionMiddle EastBudget

    Ecuadorian Prosecutor Murdered While Investigating U.S. Boat Strikes

    Alexandra Bravo, an Ecuadorian prosecutor investigating U.S. boat strikes in which 36 passengers survived and alleged torture by American gunmen, was fatally shot on June 14. Bravo faced pressure to treat the cases as disappearances and struggled to obtain cooperation from Ecuadorian agencies. Her investigation was later removed from her jurisdiction. Camila Lourdes Galarza, an investigative journalist, discussed Bravo's murder on Democracy Now!, citing pressure Bravo faced and her removal from the investigation before her death.
    2 sourcesSee all sources
  23. WorldMiddle EastChinaBudget

    Armenian Alcoholic Beverages Sales Decline in Russia

    Sales of Armenian cognac and still wine in Russia decreased by 11-12% in January-June 2026 compared to the same period last year. This decline is attributed to the suspension of sales from three Armenian producers by Rospotrebnadzor, preventive reductions in supplies by distributors, and increased prices. Experts predict that Armenian cognac may be replaced by drinks from Georgia, Azerbaijan, and Uzbekistan in the long term.
    8 sourcesSee all sources
  24. PoliticsCorruptionTrialPenaltyMiddle EastBudget

    President Milei Accuses Kirchner of Stealing $10 Billion from Central Bank

    President Javier Milei has accused former President Cristina Fernández de Kirchner and former Central Bank President Mercedes Marcó del Pont of stealing $10 billion from the Central Bank in 2010. Milei announced a bill to reform the Organic Charter of the Central Bank, aiming to limit its use for state financing and restore its primary objective of preserving currency value. The reform also seeks to eliminate non-transferable letters and create a 'fiscal straitjacket' to prevent future thefts.
    5 sourcesSee all sources