DK Shivakumar takes oath as Karnataka CM facing challenges like Siddaramaiah's influence, cabinet formation, caste equations, the caste census, welfare vs. growth, and the 2028 election countdown.
A German lawmaker proposes requiring homeowners to use their homes to pay for elderly care, sparking a row over social welfare amid fiscal pressures.
Mainland Chinese investors reduced their holdings of US Treasury bills in March due to global market uncertainties, including the US-Israel war on Iran, which fueled inflation and energy price concerns, analysts said.
The Tony Blair Institute has urged Labour to scrap the pensions triple lock, calling it 'unaffordable' as Britain's ageing population drives up costs. The thinktank warns state pension spending will rise from 5% to 7.8% of GDP by 2070, adding £85bn annually. It proposes a pre-election pact to end the policy and replace it with a 'lifespan fund'. Chancellor Rachel Reeves has said the government will not drop the triple lock despite mounting financial pressure from Middle East conflict and inflation.
Finland’s finance minister warned of rising fiscal pressure as the government boosts military aid to Ukraine while cutting social benefits Read Full Article at RT.com
