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Budget news — August 23, 2026

Publications tagged with Budget published on August 23, 2026 (UTC). This is a fixed calendar-day archive.

42 publications

  1. WorldLocal GovMiddle EastBudget

    Argentina's Birth Rate Decline: Economic Instability and Lack of Support

    Argentina's birth rate has fallen to historic lows due to economic instability, lack of support for families, and uncertainty about the future. The decline is not attributed to abortion, as stated by President Javier Milei. Key factors include precarious work, housing affordability, and lack of time for care. Public policies focusing on these issues are needed to support families and encourage childbearing.
    5 sourcesSee all sources
  2. WorldMiddle EastLaborBudget

    Iran's Economic Crisis: Soaring Food Prices and Job Losses Amid War and Sanctions

    Iranian families are struggling with rising food prices and job losses due to the ongoing war and US sanctions. Rice prices have surged by 60% and beef prices by 150% since the war began, according to the Associated Press. Inflation is expected to reach 70% by the end of the year, and the economy is projected to shrink by more than 5%. Over a million formal-sector jobs have been lost during the conflict, exacerbating the economic pressure on Iranian citizens. The country's heavy reliance on imports for essential agricultural products, coupled with the devaluation of its currency, has further worsened food inflation.
    10 sourcesSee all sources
  3. WorldAsiaChinaBudget

    Sociology Removed from Grades 6-8, Taught Only in Grades 9-11 from September 1

    The Ministry of Education and Science has announced that sociology will no longer be taught in grades 6-8 starting from the new academic year. Instead, it will be introduced in grades 9-11. The change aims to link sociology more closely with history, literature, and geography. Unified textbooks will be prepared and distributed to students in grades 9 and 10 this year, with 11th graders receiving them in 2027. The number of sociology lessons per week will vary by grade level.
    17 sourcesSee all sources
  6. WorldRegulatorsMiddle EastBudget

    Iran to Charge Fees for Services Provided to Ships Passing Through Strait of Hormuz

    The National Security Commission of Iran's Parliament has approved a proposal to collect fees from ships of authorized countries passing through the Strait of Hormuz. These fees will be charged for services such as navigation, environmental, fuel supply under special conditions, insurance, safety, and other services provided. The fees can be paid in Iranian Rial or any other currency preferred by Iran.
    40 sourcesSee all sources
  7. BusinessBudgetTradeCommodities

    Bank of Canada Warns of Risks from Rising Private Credit

    The Bank of Canada is monitoring the growth of private credit, where businesses borrow from non-bank lenders like asset managers and insurers. This model, which has Canadian investors and banks exposed to CAD 500 billion in loans, has been linked to high-profile bankruptcies globally. While the share of Canadian businesses using private credit remains limited, the Bank of Canada flags concerns about its lack of regulation and potential contagion effects in a market downturn.
    6 sourcesSee all sources
  8. WorldRegulatorsMiddle EastBudget

    EU Countries Push for Windfall Tax on Oil Companies Amid Iran War Profits

    Several EU countries, including Germany, Italy, Austria, Poland, Portugal, and Spain, are calling for a windfall tax on oil companies' excessive profits due to the Middle East war. The finance ministers want to discuss this at an upcoming EU meeting in Dublin. They argue that the current measures have not been sufficient to stabilize prices and that a common EU approach is needed to tax these extraordinary profits.
    78 sourcesSee all sources
  9. U.S.DisinformationResignationBudget

    Over 750 US Service Members Wounded in Iran War

    More than 750 American service members have been wounded since the war against Iran began in late February, according to Pentagon data. The number of casualties has been rising, with over 770 service members killed or injured as of recent reports. The injuries include brain injuries, and the Pentagon has been adding dozens of new cases to the casualty list in recent days.
    56 sourcesSee all sources
  12. BusinessBudgetFXHardware

    AliExpress Suspected of Secretly Tracking Users via Headphones and Audio Systems

    AliExpress has been accused of using WebAudio API to play inaudible sound waves, creating unique digital fingerprints of devices for tracking purposes. This was discovered when users' Bluetooth headphones refused to switch from their computers to their phones while browsing the site. The scripts also measure other device parameters like mouse clicks and send a general device identifier to Alibaba servers. The practice has raised privacy concerns among users.
    14 sourcesSee all sources
  15. BusinessBudgetTradeCommodities

    Watermelon and Cantaloupe Prices Surge by 26-31% in Russia

    Average retail prices for watermelons and cantaloupes in Russia have increased by 26% and 31% respectively over the past year. Experts attribute this to increased production costs, primarily due to higher logistics prices caused by fuel issues, and a late start to the harvest season. Additionally, a shift in consumer demand towards pre-cut and packaged products has contributed to the overall price increase.
    6 sourcesSee all sources
  18. BusinessBudget

    Gold Price Surges for Third Consecutive Week

    Gold prices have risen for three consecutive weeks, reaching $4,603 an ounce in August, a 13.83% increase. This surge is attributed to waning expectations of US Federal Reserve interest rate hikes and US Treasury intervention in the bond market, which has put downward pressure on the dollar. Investors are optimistic about the continued rally, with some experts pointing to oil prices as an indicator of its sustainability.
    3 sourcesSee all sources
  20. SocietyInequalityBudgetTrade

    Volkswagen Faces Severe Crisis, 50,000 Jobs at Risk

    Volkswagen is grappling with one of its most severe crises in recent years, with pressure from Chinese competitors, American tariffs, and high costs in Germany significantly worsening its situation. The company plans to cut around 50,000 jobs in Germany and is considering more drastic measures such as plant closures. Weak electric vehicle sales and a potential €2 billion EU fine for emissions further complicate the situation.
    12 sourcesSee all sources
  24. BusinessChinaBudgetTrade

    Argentina's Economic Recovery Stalls Despite June Growth

    Argentina's economy returned to growth in June, with a 0.8% increase in the Monthly Economic Activity Estimator (EMAE), but this rebound was not enough to reverse the previous decline. The second quarter of the year closed with an average contraction of 0.90%. The report by LCG consultancy highlights that there is currently no clear growth engine for economic activity, with investment falling for four consecutive quarters and consumption conditioned by salaries that can only match inflation at best. The main hope for traction lies in net external demand, but beyond sectors like agriculture, mining, and oil, the rest of the exports grow at a slower pace. The economy is expected to continue showing alternating months of growth and decline, with a pace of expansion barely above 2% annually.
    2 sourcesSee all sources