Government Budgets

Trump faces backlash over plan to dip into Pell reserves

May 14, 2019

Education advocates say a Trump administration to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students, could trigger a budgeting crisis within just a few years

Thousands protest in Rio against education budget cuts

May 11, 2019

Thousands of people are gathering in Rio de Janeiro to protest against stiff budget cuts in Brazil's public education sector

Australian opposition party vows big surpluses if elected

May 10, 2019

Australia's opposition party has promised to deliver bigger budget surpluses if it wins elections next week, while the ruling coalition warned the policies would harm the economy

Universities hit back as Brazil slashes scholarship funds

May 9, 2019

University deans and education experts in Brazil are pushing back against the government's decision to block all forthcoming scholarships for master's and doctorate students

New analysis: Trump deficits worse than promised

May 9, 2019

A new nonpartisan analysis says President Trump's budget plan would produce significantly larger budget deficits than promised when it was released in March, mostly because its estimates of economic growth are too rosy

Board extends power to cover Puerto Rico's 78 municipalities

May 9, 2019

A federal control board that oversees Puerto Rico's finances voted on Thursday to extend its power and bring all of the U.S. territory's 78 municipalities under its supervision for the first time

Greek prime minister promises bailout relief before polls

May 7, 2019

Greece's left-wing prime minister has promised crisis-weary voters a series of tax-relief measures before elections, after outperforming budget targets set by bailout creditors

Students in Brazil protest school budget cuts

May 7, 2019

Students from Brazil's federal high schools have protested sharp budget cuts carried out by President Jair Bolsonaro's administration

Lebanon stock trading suspended over central bank strike

May 6, 2019

The Beirut Stock Exchange says it is suspending trading due to the open strike declared by the employees of Lebanon's central bank

Wyoming US Sen. Mike Enzi won't seek re-election in 2020

May 5, 2019

Wyoming Republican U.S. Sen. Mike Enzi announced Saturday that he will not run for a fifth term in 2020

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