#spending cuts

News 🌐 Macro

ECB: Euro-Zone Spending Cuts Stem from Iran Uncertainty, Not Inflation

August 3, 2026 (50 days ago)

ECB determines that Iran-driven uncertainty, not inflation, is forcing euro-zone austerity; geopolitical risks now override domestic price stability in shaping fiscal decisions.

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News 🌐 Macro

China Slashes Spending Most Since October to Deepen Austerity Amid Slowdown

July 22, 2026 (62 days ago)

China cuts spending most since October, deepening austerity despite slowing economy, pressuring Hang Seng and offshore yuan while clouding oil demand outlook.

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