Emmanuel Macron welcomes Olaf Scholz at the Elysee FA

Emmanuel Macron welcomes Olaf Scholz at the Elysee FA

French Republican Guard takes position before French President Emmanuel Macron welcoming with the First Lady Brigitte Macron, the Chancellor of the Federal Republic of Germany Olaf Scholz and his wife Britta Ernst at the Elysee Palace in Paris on April 30, 2025. Photo by Firas Abdullah/ABACAPRESS.COM

Emmanuel Macron welcomes Olaf Scholz at the Elysee FA

Emmanuel Macron welcomes Olaf Scholz at the Elysee FA

French Republican Guard takes position before French President Emmanuel Macron welcoming with the First Lady Brigitte Macron, the Chancellor of the Federal Republic of Germany Olaf Scholz and his wife Britta Ernst at the Elysee Palace in Paris on April 30, 2025. Photo by Firas Abdullah/ABACAPRESS.COM

Higher tax earnings slash Australian budget deficit

STORY: Higher tax earnings slash Australian budget deficit SHOOTING TIME: File/Dec. 13, 2023 DATELINE: Dec. 15, 2023 LENGTH: 00:00:59 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Parliament of Australia 2. various of tax calculating (file) 3. various of Commonwealth Bank 4. various of Australian daily grocery shopping (file) STORYLINE: Surging personal and company tax income has driven a major improvement in Australia's budget position, the government has revealed. Treasurer Jim Chalmers and Minister for Finance Katy Gallagher on Wednesday released the Mid-Year Economic and Fiscal Outlook (MYEFO), which is delivered annually in December to update Australians on the state of the government's fiscal performance. The document forecasts that the final federal budget deficit for the current 2023-24 financial year will be 1.1 billion Australian dollars (721.4 million U.S. dollars) - down from the 13.9 billion AUD (9.1 billion USD) forecast in May. Between 2023-24 and 2026-27, budget deficits a

Kevin McCarthy ousted as U.S. House speaker amid Republican infighting

STORY: Kevin McCarthy ousted as U.S. House speaker amid Republican infighting DATELINE: Oct. 4, 2023 LENGTH: 00:00:35 LOCATION: Washington CATEGORY: POLITICS SHOTLIST: 1. various of the announcement of the U.S. House of Representatives voting on the motion STORYLINE: The U.S. Republican-controlled House of Representatives on Tuesday approved a motion to oust Speaker Kevin McCarthy in an unprecedented move amid Republican infighting, days after McCarthy relied on Democratic votes to pass a "clean" stopgap funding bill to avert a federal government shutdown. The 216-210 vote came nearly nine months after McCarthy won the position in a dramatic 15-round floor fight, marking the first time in U.S. history that a House speaker has been voted out of office in the middle of a term. Eight Republicans joined Democrats in voting to remove McCarthy from the speakership, less than one day after hardline Republican Representative Matt Gaetz announced a resolution to remove McCarthy through a process known as "a motio

Lindsey speaks on Bush's trade policy

Lindsey speaks on Bush's trade policy

PHILADELPHIA, United States - Lawrence Lindsey, former Federal Reserve Board Governor, speaks in an interviews with Kyodo News on Aug. 1. Lindsey, who is expected to take a secretary-level position, such as treasury chief if George W. Bush wins the November presidential election, said a Bush administration would propose launching a new economic and trade consultative framework with Japan.

Lindsey speaks on Bush's trade policy

Lindsey speaks on Bush's trade policy

PHILADELPHIA, United States - Lawrence Lindsey, former Federal Reserve Board Governor, speaks in an interviews with Kyodo News on Aug. 1. Lindsey, who is expected to take a secretary-level position, such as treasury chief if George W. Bush wins the November presidential election, said a Bush administration would propose launching a new economic and trade consultative framework with Japan.