Geopolitics

UK Treasury Weighs Fiscal Rule Flexibility to Unlock Billions for Capital Investment - The Global Treasurer

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DW NOTE

The UK ran a deficit of £121 billion last year and now wants accounting flexibility to spend billions more on capital. They'll call it "investment," but the bond market will call it what it is: more debt priced into gilts whether the fiscal rule changes or not.

Read the full story at The Global Treasurer →

The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

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UK Treasury Weighs Fiscal Rule Flexibility to Unlock Billions for Capital Investment - The Global Treasurer

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