Latest National budgets News

South Africa to loan $5 billion to ailing state power firm

Feb. 20, 2019 8:56 AM EST

JOHANNESBURG (AP) — South Africa's minister of finance says that the government will loan the troubled state power company, Eskom, 69 billion rand ($4.9 billion) to help it service its debts. Delivering the 2019 budget to parliament, Finance Minister Tito Mboweni said the loan would help Eskom provide a...

Shanahan says he hasn't determined amount for border wall

Feb. 16, 2019 6:11 PM EST

WASHINGTON (AP) — The acting secretary of defense said Saturday he has not yet determined how much money he will redirect to President Donald Trump's border wall project. Pat Shanahan, who has been leading the Pentagon since Jim Mattis stepped down Dec. 31, made the comment in an interview with reporters...

Trump tests presidential power, declares emergency at border

Feb. 15, 2019 6:11 PM EST

WASHINGTON (AP) — Defiant in the wake of a stinging budget defeat, President Donald Trump on Friday declared a national emergency at the U.S.-Mexico border, moving to secure more money for his long-promised wall by exercising a broad interpretation of his presidential powers that is certain to draw stiff...

Spain to get 3rd gov't in 4 years amid fragmenting politics

Feb. 15, 2019 12:38 PM EST

MADRID (AP) — Spain will elect its third government in less than four years after Prime Minister Pedro Sanchez's fragile socialist government acknowledged Friday its support had evaporated and called an early general election. Sanchez's eight-month-old administration met its end after failing to get...

Immigration spending pact has more than a border wall

Feb. 14, 2019 9:47 PM EST

WASHINGTON (AP) — A compromise on border and immigration enforcement cleared Congress on Thursday, giving President Donald Trump just a sliver of the money he wanted for his border wall. The White House said Trump would sign the bill and then declare a national emergency to try to shift money to...

US budget deficit running 41.8 percent above last year

Feb. 13, 2019 3:52 PM EST

WASHINGTON (AP) — The federal budget deficit in December totaled $13.5 billion, helping to push the deficit for the first three months of this budget year up 41.8 percent from the same period the previous year. The Treasury Department said Wednesday that the budget deficit from October through December...

Budget defeat puts Spain's center-left government on ropes

Feb. 13, 2019 9:44 AM EST

MADRID (AP) — Catalan separatist and right-wing lawmakers in the Spanish parliament's lower house rejected Wednesday the ruling Socialist government's 2019 budget plan, likely paving the way for Prime Minister Pedro Sanchez to call an early election. The 191-158 vote, with one abstention, opened a new...

The Latest: Spain: Early election decision expected Friday

Feb. 13, 2019 9:30 AM EST

MADRID (AP) — The Latest on political developments in Spain (all times local): 3:15 p.m. The Spanish prime minister's office says Prime Minister Pedro Sanchez plans to announce Friday whether he will call an early election after his government lost a key budget vote. The Moncloa Palace said Sanchez's...

2 managers of New Delhi hotel where fire killed 17 arrested

Feb. 13, 2019 6:03 AM EST

NEW DELHI (AP) — Two managers of a New Delhi budget hotel where a fire killed 17 people have been arrested, police said Wednesday. The general manager of the Arpit Palace Hotel, Rajender Singh, and manager, Vikar Kumar, were booked on suspicion of culpable homicide for the fire Tuesday, Delhi police...

Trump not 'thrilled' with border deal but leaning toward it

Feb. 12, 2019 9:25 PM EST

WASHINGTON (AP) — Under mounting pressure from his own party, President Donald Trump appeared to be grudgingly leaning toward accepting an agreement Tuesday that would head off a threatened second government shutdown but provide just a fraction of the money he's been demanding for his Mexican border wall....