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The Latest Breaking News from Finance

Hopes rise for single parent payment increase as Labor aims to ‘support the most vulnerable’ in budget

Finance minister Katy Gallagher says government working through reports that recommend eligibility changes to payment

The Guardian - AU

The BBC and ITV jobs in Greater Manchester you can apply for now – including on Coronation Street

The broadcasters have opportunities available in TV, finance and IT

Manchester Evening News

Japan unveils fresh childcare plan but funding questions remain

Japan's government laid out a fresh plan on Friday to boost childcare over the coming three years to reverse the country's declining birth rate, a move that may lead to another big spending package and strain its already tattered finances.

Reuters

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Shona Robison to replace Kate Forbes as Finance Secretary

SHONA Robison will replace Kate Forbes as Finance Secretary, according to reports.

The National (Scotland)

Kate Forbes to leave government after refusing rural affairs role

The 32-year-old former Finance Secretary will return to Holyrood’s backbenches

Insider UK

Kate Forbes to leave Scottish Government after ‘turning down demotion’ from First Minister Humza Yousaf

Former finance secretary is believed to have turned down offer of rural affairs job by First Minister Humza Yousaf

Evening Standard

White House’s EV tax credit implementation in the spotlight

WASHINGTON — Lawmakers on both sides of the aisle are scrutinizing how the Biden administration handles new incentives for buying electric vehicles with the first formal guidance on which cars qualify for subsidies expected this week.

Tribune News Service

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White House's EV tax credit implementation in the spotlight - Roll Call

Lawmakers on both sides of the aisle are scrutinizing how the Biden administration handles new incentives for buying electric vehicles.

Roll Call

New SNP leader and Scottish First Minister to be named later today

The new SNP leader and next First Minister of Scotland will be named later today after a five-week contest. Health Secretary Humza Yousaf, Finance Secretary Kate Forbes, and former community safety minister Ash Regan are all vying for the position.

Glasgow Live

Jordan parliament votes to recommend expelling Israeli ambassador

The recommendation is in protest against the actions of Israeli Finance Minister Bezalel Smotrich.

Al Jazeera

Debt limit breach would be ‘devastating’ for banks, Yellen says at hearing

WASHINGTON — Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound in the aftermath of Silicon Valley Bank's collapse. But she warned that failure to raise the debt limit in time would be devastating for banks after the turmoil.

Tribune News Service

Yellen: Debt limit breach would be 'devastating' for banks - Roll Call

Treasury Secretary Janet L. Yellen told senators on Thursday that the banking system remains sound despite Silicon Valley Bank's collapse.

Roll Call

Arkhom pledges stability after poll

The government is ready to take action, even in a caretaker position before the next administration takes power, should global volatility affect the country's economy or financial system, Finance Minister Arkhom Termpittayapaisith told reporters.

Bangkok Post

Lightfoot allies hatch plan to expand power on City Council before she heads out the door

Former Inspector General Joe Ferguson had pushed for a more independent Council, but slammed this approach as a “pre-emptive power move of the status quo wrapped in a package that includes meaningful reforms.”

Chicago Sun-Times

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The National (Scotland)

Will Scotland's next first minister appoint a gender-balanced Cabinet?

Scotland has had a gender-balanced cabinet since Sturgeon took over as First Minister from Alex Salmond

France 24

France says no risk of contagion as governments handle SVB collapse fallout

The bankruptcies of US banks Silicon Valley Bank (SVB) and Signature do not pose a danger to French financial institutions, Finance Minister Bruno Le Maire said Monday as authorities in the US and UK took extraordinary steps to stop a potential banking crisis.

Daily Record

Voting for SNP leadership contest opens

Health secretary Humza Yousaf, finance secretary Kate Forbes and former communities minister are standing for the leadership.

Bangkok Post

BBC chief refuses to quit despite chaos sparked by Lineker removal

LONDON - Britain's finance minister on Sunday said "people's confidence" in the BBC needed to be restored as the broadcaster's boss vowed not to quit amid the chaos surrounding Gary Lineker's removal as Match of the Day host.

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The National (Scotland)

Nicola Sturgeon tells Douglas Ross he'll never 'reach dizzying heights of mediocrity'

NICOLA Sturgeon told Scottish Tory leader Douglas Ross that he’ll never reach “the dizzying heights of mediocrity” as he dug in over comments…

Bangkok Post

Arkhom cools concern

The economy is not overheating and authorities can control inflation rates, says Finance Minister Arkhom Termpittayapaisith.

ABC News

Agriculture department in dire straits as 'festering' finance problem reaches a head

A federal government department responsible for protecting Australia's "way of life" is on the cusp of requiring a financial bailout, as it falls hundreds of millions of dollars into the red.

ABC News

As crisis calls over financial distress climb, treasurer and finance minister say they know rate rises are hurting

The government acknowledges a growing number of people making financial distress calls to crisis support hotlines, as the Reserve Bank governor says the mental health concerns of Australians weighs heavily on him.

Asharq Al-Awsat

US Demands Clarifications from Israel over Aqaba Statements

Washington has demanded clarifications from the Israeli government after Prime Minister Benjamin Netanyahu and some of his ministers reneged on the agreements reached at last month’s Aqaba meeting. Official broadcaster Kan said on Saturday that the US administration requested clarifications after Netanyahu, National Security Minister Itamar Ben-Gvir and Finance Minister…

Asharq Al-Awsat

Netanyahu Tries to Calm Outcry over Minister’s Remarks on Palestinians

Israeli Prime Minister Benjamin Netanyahu sought on Sunday to soften international outcry over a call by a far-right member of his cabinet for a flashpoint Palestinian village to be "erased", saying those remarks had been "inappropriate". But Netanyahu also pushed back against censure of Finance Minister Bezalel Smotrich, accusing foreign…

The National (Scotland)

What is Ash Regan's plan for a 'readiness thermometer'?

ASH Regan faced off against Finance Secretary Kate Forbes and Health Secretary Humza Yousaf at a hustings in Fife on Friday night, taking questions…

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