UK’s Reeves announces £5.5b budget cuts
Britain's new finance minister, Rachel Reeves, has unveiled plans for immediate budget cuts totaling £5.5 billion,…
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Budget Cuts
Trump’s administration docks UN budget $285M after Jerusalem backlash
The Trump administration has worked out some “historic” belt-tightening at the United Nations, officials announced…
‘Major budget cuts’ to hit all teams of Paralympics amid weak ticket sales
The Paralympics will go ahead in Rio next month but organizers said Friday that deep budget cuts mean a venue will…
Budget Cuts To Slash U.S. Army To Smallest Since Before World War Two
The Pentagon said on Monday it would shrink the U.S. Army to pre-World War Two levels, eliminate the popular A-10…
IMF’s Lagarde Says U.S. ‘Sequester’ Budget Cuts Inappropriate
The United States' federal budget cuts, known as the "sequester," are an inappropriate measure that will weigh on…
