Modern Economy Criticized for Lack of Diversity
The modern economy is being criticized for its lack of diversity. Some argue that it has become 'too samey' and lacks variety.2 sourcesSee all sources
Subcategory / Daily archive
Budget news — September 9, 2026
Publications tagged with Budget published on September 9, 2026 (UTC). This is a fixed calendar-day archive.
7 publications
Peruvian Families' Shift Drives Growing Pet Market
Peruvian families are changing, with fewer children and more pets. 56% of Lima residents consider their pets as children, spending an average of S/314 monthly on food, grooming, health insurance, and other expenses. This trend is driving the growth of pet insurance, 'pet-friendly' places, and real estate tailored to pet owners. The market for pet products and services is projected to reach US$680 million by 2028.13 sourcesSee all sources
Moldova to Increase Excise Duty on Diesel Fuel and Introduce Taxes on Electric Vehicles
Former Prime Minister Ion Kiku revealed that the excise duty on diesel fuel in Moldova will increase by 20% annually starting from 2027, leading to a 73% increase over three years. Minister of Finance Victoria Belous confirmed this increase and announced that taxes will also be introduced for electric vehicles, calculated based on their weight. The new tax policy was approved by the Government on September 8 and will now be discussed in Parliament.2 sourcesSee all sources
Bessent: Stopping Mass Migration Boosts Americans' Earnings, Jobs
Treasury Secretary Scott Bessent stated that halting mass migration leads to increased earnings and job opportunities for American workers. He highlighted strong economic fundamentals, including robust job numbers and wage growth, particularly among those without college degrees. Bessent credited these improvements to the halt in mass immigration and deportation policies.3 sourcesSee all sources
Gasoline and Diesel Prices Surge Above 32 and 33 Lei Respectively
Gasoline prices have surpassed the 32 lei threshold, reaching a new high of 32.33 lei per liter, while diesel prices have exceeded 33 lei, peaking at 33.23 lei per liter. The National Agency for Energy Regulation (ANRE) has announced these increases, which come into effect on September 9, 2026. These price hikes follow a trend of escalating fuel costs, with gasoline having risen by nearly five lei and diesel by over eight lei in the past two months.9 sourcesSee all sourcesRussian Housing Market Stagnation: Primary Market Struggles, Secondary Market Holds Steady
The Russian housing market is experiencing a period of stagnation, with the primary market facing challenges such as decreased supply, high mortgage rates, and reduced demand. Developers are offering discounts, but many are marketing constructs. The secondary market, however, shows signs of dynamism, with transaction numbers up by 26.3% since the beginning of 2026. Experts predict continued stagnation, with no signs of a stable recovery yet.3 sourcesSee all sources
Fobaproa Debt: Unpayable and Growing Concern for Mexico
The Fobaproa debt, incurred during the 1994 Mexican financial crisis, remains a contentious issue in Mexico. Despite paying over 2 trillion pesos, the debt stands at approximately 1 trillion pesos. Experts warn that the debt is 'unpayable' under the current scheme, with significant annual payments and high financial costs. The government of Claudia Sheinbaum is urged to focus on the growing public debt, which could reach 22 trillion pesos by 2027, and ensure resources are used for productive investment rather than current expenses.3 sourcesSee all sources