US Arms Exports Up 49 Percent in Fiscal 2022
U.S. M1A2 "Abrams" tank moves to firing positions during U.S. led joint military exercise "Noble Partner 2016" near Vaziani, Georgia, on May 18, 2016. (David Mdzinarishvili/Reuters)
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Japan Higher Rates Expand Debt Pile, Balanced Budget Seen Delayed Again
A man walks past Bank of Japan's headquarters in Tokyo on June 17, 2022. (Kim Kyung-Hoon/Reuters)
Asia & Pacific
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Japan
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World
Japan Warns of Dire Finances as BOJ Struggles to Contain Yields
Japan's Finance Minister Shunichi Suzuki speaks at a news conference after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen in…
Opioid Legal Charge Pushes Walgreens to $3.7 Billion Fiscal First Quarter Loss
The Walgreens logo on the front of a store, in Cambridge, Mass., on July 14, 2021. (Charles Krupa/AP Photo)
Business & Market
Business & Markets
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Liz Truss
Rishi Sunak
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Sunak Vows to Restore UK Economic Stability in ‘Fair and Compassionate Way’
Prime Minister Rishi Sunak leaves 10 Downing Street for his first Prime Minister's Questions in the House of Commons, in London, on Oct. 26, 2022. (Isabel Infantes/Getty Images)
Sunak Vows to Restore UK Economic Stability in ‘Fair and Compassionate Way’
Prime Minister Rishi Sunak leaves 10 Downing Street for his first Prime Minister's Questions in the House of Commons, in London, on Oct. 26, 2022. (Isabel Infantes/Getty Images)
Beijing
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tax
A $1 Trillion Headache: China’s Local Fiscal Shortfall Poses Broader Growth Risks
A construction site of a bridge in Liangshan Yi Autonomous Prefecture, Sichuan province, China, on Sept. 11, 2020. (Tingshu Wang/Reuters)
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IMF Warns of ‘More Frequent and More Disruptive Fiscal Crises Across the World’
The International Monetary Fund logo outside the headquarters building during the IMF/World Bank spring meeting in Washington, on April 20, 2018. (Yuri Gripas/Reuters)
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IMF Warns of ‘More Frequent and More Disruptive Fiscal Crises Across the World’
The International Monetary Fund logo outside the headquarters building during the IMF/World Bank spring meeting in Washington, on April 20, 2018. (Yuri Gripas/Reuters)
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Kwasi Kwarteng
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tax cuts
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UK Leaders Say They Value Fiscal Scrutiny After Tax Plan Sparked Market Turmoil
Prime Minister Liz Truss and Chancellor Kwasi Kwarteng meet officials from the Office for Budget Responsibility (OBR) in Downing Street, London, on Sept. 30, 2022. (UK Treasury)