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Budget news — August 27, 2026

Publications tagged with Budget published on August 27, 2026 (UTC). This is a fixed calendar-day archive.

10 publications

  1. PoliticsMiddle EastNorth AmericaBudget

    Trump Administration Proposes $103,265 Fee for H-1B Visas

    The Trump administration has proposed a new regulation to make permanent an unprecedented fee of over $100,000 for new H-1B visas for highly skilled foreign workers. The H-1B program allows U.S. employers to hire foreign workers with specialized degrees and offers 65,000 visas annually, plus an additional 20,000 for workers with postgraduate degrees. The fee, initially imposed by Trump last year, dramatically increases the cost of these visas and has been challenged in court. The proposed fee, valued at $103,265, initiates a 30-day public comment period and could be finalized by the end of the year.
    237 sourcesSee all sources
  3. BusinessLawBudget

    Serbian Parliament Debates Budget Rebalance

    The National Assembly of Serbia is holding an extraordinary session to discuss a proposal for budget rebalancing, which is the first item on a 59-item agenda. The rebalance, aimed at increasing allocations for citizens and investments, has sparked debate among MPs, with the opposition criticizing the constant increase in the deficit. Other items on the agenda include several financial laws, proposals for amendments to various laws, and reports on the work of certain agencies.
    49 sourcesSee all sources
  4. PoliticsBudgetTradeCommodities

    Diesel Price Surge: Impact on Consumers, Businesses, and Housing Market

    The average cost of diesel has risen since the start of the war in Iran, affecting consumers, businesses, and the housing market. Diesel prices are at record highs, with the national average reaching $5.62 per gallon, up 53% from last year. This increase is due to supply disruptions and reduced refining capacity, particularly in Russia. Higher diesel prices are hurting consumers and businesses that rely on it for transportation and heavy machinery. In the U.S., diesel powers a large part of the economy, fueling equipment on farms, trains, trucks, and other heavy machinery. The surge in diesel prices is also impacting the housing market, as construction costs rise due to increased fuel expenses for trucks and heavy equipment.
    8 sourcesSee all sources
  5. U.S.ExecutiveBudgetEarnings

    Dollar Surges Past $920 on US Inflation Data, Jackson Hole Hopes

    The dollar has risen to levels above $920, bolstered by US inflation data showing a 0.2% monthly increase in the PCE price index. This development has revived bets on a potential Federal Reserve rate hike before the year ends, ahead of the Jackson Hole Economic Symposium. Market participants are eagerly awaiting the Fed's next move, with money markets already pricing in a rate hike.
    5 sourcesSee all sources
  6. WorldMiddle EastBudget

    Iranian President Describes Economic Crisis as 'Worst Conditions'

    Iranian President Masoud Pezeshkian has described the current situation in Iran as 'the worst conditions of an economic war.' He stated that Iran is under pressure and living in a state of war, attributing this to U.S. sanctions due to Iran's non-compliance with an agreement. Despite these challenges, Pezeshkian stressed that Iran continues to carry out development projects.
    15 sourcesSee all sources
  7. U.S.LegislationBudget

    U.S. National Debt Surpasses $40 Trillion

    The U.S. national debt has reached an unprecedented $40 trillion, more than doubling in less than a decade. This milestone, a dark mark in U.S. financial history, has raised concerns about the country's economic future. The debt, which now stands at 120% of GDP, has been fueled by decades of spending, including the COVID-19 pandemic relief packages and infrastructure bills. Experts warn that the debt could lead to economic instability and higher interest rates, but politicians have been slow to address the issue. The debt-to-GDP ratio is higher than it was during World War II, and the Congressional Budget Office predicts that net interest payments will consume all federal revenue by 2055 if interest rates rise. Despite these warnings, political leaders have been reluctant to implement significant fiscal reforms.
    10 sourcesSee all sources
  9. WorldMiddle EastBudget

    Dutch Pension Fund ABP Slashes US Treasury Holdings by 84%

    The largest European pension fund, ABP, has significantly reduced its holdings in US Treasury bonds. The Dutch fund, managing over €530 billion for public officials and teachers, cut its US Treasury holdings from around €29 billion at the end of 2024 to just €4.6 billion by the end of March 2026, an 84% reduction. ABP has also reduced its holdings in US company stocks such as Nvidia, Microsoft, and Apple. The fund has shifted capital towards European government bonds, particularly in Germany and the Netherlands, citing convenience and new Dutch pension system rules.
    5 sourcesSee all sources
  10. PoliticsRegulatorsMiddle EastBudget

    Candidates' Housing Proposals in Maranhão

    Candidates for governor of Maranhão presented proposals focused on the housing area during their campaign agendas on Wednesday (26). Topics addressed include construction of new homes, land regularization, improvements in residences, and expansion of housing programs. Eduardo Braide (PSD) emphasized ensuring public services in housing complexes, Felipe Camarão (PT) proposed the 'My House' program, Saulo Arcangeli (PSTU) defended a state plan for popular housing, and Roberto Rocha (PRTB) highlighted the need to improve sanitary conditions in homes.
    12 sourcesSee all sources