Tag - budgets

 
 

BUDGETS

JAPAN / Politics
May 12, 2018
Japan considers new target to reduce fiscal deficit to 3% of GDP
The government is considering setting a new target to reduce Japan's fiscal deficit to 3 percent of nominal gross domestic product by fiscal 2021, informed sources said.
Japan Times
WORLD / Science & Health
Mar 7, 2018
U.S. budget cuts would delay international fusion project ITER, its director warns
An international project to build a nuclear fusion reactor in France that would start generating electricity in 17 years will face delays if U.S. cuts are not reversed in a few months, the head of the venture said on Tuesday.
Japan Times
ASIA PACIFIC / Politics
Mar 6, 2018
U.S. Pacific Fleet commander says China's military budget lacking in transparency
The commander of the U.S. Navy's Pacific Fleet said Tuesday that China's military budget has a troubling lack of transparency, a day after Beijing announced the biggest hike in military spending in three years.
Japan Times
ASIA PACIFIC
Mar 5, 2018
China announces 8.1% defense budget boost from 2017 as Xi pursues 'world-class' force
China announced Monday that it will boost its defense budget 8.1 percent this year from 2017, a larger increase than in the two previous years as leader Xi Jinping seeks to turn the country's military into a "world-class" force that can venture farther from its shores.
JAPAN
Mar 4, 2018
Prefectures, cities to spend heavily on disaster mitigation in fiscal 2018
A total of 58 prefectural and municipal governments across the nation plan to spend a collective ¥268.4 billion on projects to bolster infrastructure against natural disasters in fiscal 2018 amid central government threats of reduced subsidies, a tally found.
Japan Times
ASIA PACIFIC / ANALYSIS
Feb 28, 2018
China's military flexes muscles for domestic objective: more funding
With stealth jets entering service, leaked pictures of new high-tech naval artillery and proud reports of maneuvers that "dare to shine the sword," China's armed forces are putting on a show of power as they lobby for greater defense spending.
Japan Times
BUSINESS
Feb 12, 2018
Trump's $1.5 trillion plan to overhaul U.S. infrastructure faces significant hurdles
U.S. President Donald Trump will roll out an infrastructure plan on Monday that already faces significant hurdles in Congress because it does not offer as much new federal funding as Democrats want or directly address how to pay for the effort.
Japan Times
WORLD / Politics
Feb 10, 2018
Trump signs deal to end brief agency shutdown and boost U.S. spending
A brief U.S. government shutdown ended on Friday after Congress passed and President Donald Trump signed into law a temporary spending deal expected to push budget deficits past $1 trillion annually with new military and domestic outlays.
Japan Times
ASIA PACIFIC
Feb 7, 2018
China defense spending to eclipse rest of Asia-Pacific by 2030: report
China has been spending more and more on modernizing its defense systems and technologies. So much so that its budget is set to surpass the rest of the Asia-Pacific region combined by 2030.
Japan Times
WORLD / Politics
Feb 7, 2018
U.S. House passes stopgap spending bill as Trump threatens shutdown over immigration
The U.S. House of Representatives on Tuesday approved another stopgap bill to keep the federal government from shutting down, hours after President Donald Trump said he would "love" to see a shutdown if immigration legislation was not included.
Japan Times
WORLD / Politics
Jan 27, 2018
Trump said to seek $716 billion for defense in 2019 budget
U.S. President Donald Trump will propose increasing total defense spending to $716 billion in fiscal 2019 in his budget request expected to be released in February, a U.S. official said, backing the Pentagon's push for a major buildup.
Japan Times
WORLD / Politics
Jan 15, 2018
France expects U.K. to pay up and take more refugees to maintain border: official
France expects the U.K. to agree to take more asylum seekers and pay more for border security in order to maintain a frontier on the French side of the English Channel, a French government official said.
Japan Times
WORLD / Politics
Sep 9, 2017
U.S. Senate panel rejects Trump's 'doctrine of retreat' on foreign policy
A powerful Senate committee blasted the Trump administration on Friday in a report accompanying its spending plan for the State Department, saying its approach to foreign policy weakens U.S. standing in the world.
JAPAN / Politics
Aug 31, 2017
Defense spending set to reach a record, as ministry seeks anti-missile measures in budget request
The Defense Ministry on Thursday requested a record-high budget of ¥5.26 trillion for fiscal 2018, underscoring heightened concern over what Prime Minister Shinzo Abe called the "unprecedented" and "grave" security threat posed by North Korea's military provocations.
WORLD / Politics
Mar 16, 2017
Trump budget plan to propose major cuts for foreign aid, EPA
President Donald Trump will propose deep cuts for foreign aid and environmental protection and a steep increase in military spending in a budget plan to be released on Thursday, a congressional source said.
WORLD
Dec 6, 2016
Pentagon buried study that found $125 billion in wasteful spending: report
A Defense Department study that proposed cutting $125 billion in administrative waste from the Pentagon budget was buried amid concerns the findings would give Congress an excuse to further slash defense spending, The Washington Post reported Monday.

Longform

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The last cleanup: Life and death in a lonely Japan