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Government finance

Redwood City projects $9.3 million annual funding gap over next decade

by Vera Ward
Redwood City projects .3 million annual funding gap over next decade

While Redwood City is ending this fiscal year with $20.9 million in savings, that money is slated to help fill a projected annual deficit of $9.3 million for the next 10 …

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Australia and Vietnam upgrade relations, to begin talks on critical minerals

by Ron Morgan
Australia and Vietnam upgrade relations, to begin talks on critical minerals

Vietnam Prime Minister Pham Minh Chinh and his wife Tran (R) stand with Australian Prime Minister Anthony Albanese (2nd L) and his fiancee Jodie Haydon (L) during an official welcoming …

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Malaysia PM makes multiple changes in cabinet reshuffle

by Walter Watson
Malaysia PM makes multiple changes in cabinet reshuffle

Malaysian Prime Minister Anwar Ibrahim attends a wreath-laying ceremony at Rizal Park on March 02, 2023 in Manila, Philippines. Anwar Ibrahim held talks with President Marcos during his two-day visit …

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Laos is spiraling toward a debt crisis as China looms large

by Walter Watson
Laos is spiraling toward a debt crisis as China looms large

A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in …

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Japan unveils $113 billion package to cushion inflation

by Walter Watson
Japan unveils 3 billion package to cushion inflation

Fumio Kishida, Japan’s prime minister, reacts while delivering a policy speech during an extraordinary session at the lower house of parliament in Tokyo, Japan, on Monday, Oct. 23, 2023. Kiyoshi …

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Zero emission buses and expanded service funded with toll

by Horatio Thompson
Zero emission buses and expanded service funded with toll

New York City is months away from introducing the first zone-based tolling program in the U.S. The project, which begins in the spring of 2024, will increase the tolls drivers …

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Indonesia’s China-backed high-speed train sparks concerns of debt trap

by Walter Watson
Indonesia’s China-backed high-speed train sparks concerns of debt trap

Indonesia is starting trial runs for its first high-speed train, which will connect the capital Jakarta to a neighboring city of Bandung, after years of delays and cost overruns plagued …

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Japan current account in black for 5th month, trade balance in surplus

by Walter Watson
Japan current account in black for 5th month, trade balance in surplus

Tokyo Skytree and Mount Fuji are seen from the I-link Town observatory in Ichikawa city, Chiba prefecture, east of Tokyo on July 2, 2023. Philip Fong | Afp | Getty …

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Mozambique ex-minister denied bail over $2 billion ‘tuna bond’ scandal

by Walter Watson
Mozambique ex-minister denied bail over  billion ‘tuna bond’ scandal

Mozambique’s former finance minister, Manuel Chang (pictured here in 2019), has been deemed a flight risk. Wikus De Wet | Afp | Getty Images A U.S. federal judge ruled that …

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