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Budget news — August 1, 2026 - Page 7

Publications tagged with Budget published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 7 of 12.

273 publications

  2. SocietyLocal GovAsiaBudgetEarnings

    Food Stamp Cuts: Impact on Americans and States

    The Trump administration's efforts to reduce food stamp enrollment, including cuts to SNAP funding and stricter work requirements, are having far-reaching impacts. About 37 million low- and no-income people in the U.S. rely on food stamps, with enrollment still above pre-pandemic levels. States are struggling to meet new federal requirements, facing potential budget crises and increased error rates. If they fail to reduce error rates, states may have to take on billions in food-stamp costs or end the program entirely.
    3 sourcesSee all sources
  3. WorldPolicyRegulatorsMiddle EastBudget

    BP to Sell North Sea Business After 60 Years

    BP has announced its intention to sell its North Sea business, which has been operating for over 60 years. The energy giant employs around 1,100 people in the region and produces approximately 100,000 barrels of oil and gas per day. CEO Meg O'Neill stated that the business would have better prospects as part of another company, reflecting BP's approach to capital allocation and portfolio optimization.
    50 sourcesSee all sources
  4. WorldMiddle EastBudgetPublic Health

    Iraq's Financial Crisis: Liquidity Shortage Threatens Salaries

    Iraq is grappling with a severe liquidity crisis due to a sharp decline in oil revenues, primarily caused by geopolitical developments in the Strait of Hormuz. The government has acknowledged struggling to pay salaries, with monthly commitments exceeding 10 trillion dinars while oil revenues have fallen to around 2 trillion dinars. The crisis has led to delays in medicine procurement and infrastructure maintenance in the health sector. Economists describe the situation as a temporary liquidity crisis, while others view it as a sign of long-term financial hardship. The government is exploring internal solutions and borrowing to mitigate the crisis and ensure salary payments.
    7 sourcesSee all sources
  7. PoliticsMiddle EastChinaBudget

    SEBI Approves Rs 1,491 Cr Settlement in NSE Co-location Case

    The Securities and Exchange Board of India (SEBI) has agreed to terms of settlement in the NSE co-location and dark-fibre cases, with the National Stock Exchange (NSE) paying an additional Rs 714.74 crore after an earlier deposit of Rs 776.47 crore. This brings the total settlement amount to Rs 1,491.21 crore, clearing a key hurdle for NSE's planned Rs 30,000-crore IPO.
    3 sourcesSee all sources
  13. WorldRegulatorsMiddle EastBudgetReal Estate

    Belarus: Lukashenko Pushes for Increased Milk Serum Processing

    Belarusian President Alexander Lukashenko has ordered increased processing of milk serum into high-value products like whey protein concentrate (WPC). The 'Savushkin Product' plant in Brest region, with a daily milk processing capacity of 2,000 tons and serum capacity of 2,200 tons, uses ultrafiltration to produce WPC. This product is popular among athletes and health enthusiasts, and can be added to coffee. Lukashenko instructed Vice-Premier Yuri Shuleiko to promote WPC production across the country.
    2 sourcesSee all sources
  15. WorldRegulatorsMiddle EastBudget

    Cambodian Police Chiefs Accused of Extortion

    The chiefs and deputy chiefs of Bavet police stations in Prey Veng and Preah Vihear provinces were summoned for questioning by Cambodia's Ministry of Interior, accused of extorting protection fees totaling $100,000 per month from local businessmen. The complaints were filed by provincial chamber of commerce presidents who revealed that their legally operating companies were targeted for extortion, leading them to seek intervention from the ministry.
    6 sourcesSee all sources
  22. WorldRegulatorsMiddle EastBudget

    Chongqing's New Land-Sea Corridor Sees Increase in Train Operations and Trade Volume

    The West Route of Chongqing's New Land-Sea Corridor experienced a 25.6% increase in train operations in the first half of 2022 compared to the same period last year. A total of 1,101 trains were operated as of July 29, with 961 trains operated in the first half of the year. The corridor handled imports and exports worth 287.1 billion yuan, marking a 13.7% increase year-on-year.
    2 sourcesSee all sources