Category: Cuts
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Treasury plans pay cuts for doctors, teachers, and civil servants
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The Israeli Ministry of Finance is considering imposing great salaries on doctors, teachers and employees in personal contracts in the civil service, as it reached about 3.3 % per month between April and 2025, as these employees were not included in reducing salaries imposed on other public sector employees. The…
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BoI Governor: We hope for two rate cuts in second half
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As expected, the Monetary Committee left the Bank of Israel to the interest rate unchanged at 4.5 %. In the decision, the Bank of Israel explained that there will be no price cuts until the second half of the year after it ran the consumer price index and decreased less…
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DOGE Restores 9/11 Survivor Program Cuts, Hiring Back Workers
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Bread path links PMN Business The Trump administration has gone into a health program for respondents and survivors from the events of September 11, restoring research grants and uncomfortable workers’ jobs. The author of the article: It was published on February 21, 2025 • 4 minutes read You can save…
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Fears grow over Workers’ Rights Bill as small firms warn of job cuts
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Small companies across the United Kingdom urge the government to expand the proposed employment rights bill, warning that comprehensive changes may hinder employment and cause widespread work losses. The Federation of Small Companies (FSB), which represents thousands of employers throughout the country, claims that plans – including the expanded reasons…
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Tariffs Could Trigger Fed Rate Cuts and Crypto Bull Run. Can This Presale Explode?
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Earlier this week, Federal Reserve Governor Christopher Waller said that inflation is still very high, so more price cuts may be needed. while Fedwatch The probability of the next rate decreases on March 19 is only 2.5 %, the Trump war can change the difficult tariff. For the encryption market,…
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ECB Nears Point of Pausing or Halting Cuts, Schnabel Says
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Bread path links PMN Business Ezabelle Channel executive member told the Financial Times that the European Central Bank will soon have to discuss taking a break or termination completely, which distinguishes him in the field of interest rates. The author of the article: Bloomberg News Jana Rando and Mark Shrarsers…
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Restaurants brace for Reeves’s £25bn tax raid as hospitality job cuts loom
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The hospitality and retail sectors in Britain are preparing to raise the tax on the horizon in April on national insurance contributions to employers (NIC), as well as a sharp rise in the minimum wage, both of which warn industry leaders of job losses and further price increases. Dominic Chapman,…
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Elon Musk’s government cuts could hand billions to private companies
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Eleon Musk’s sweeping cuts to US government agencies raised concerns that private companies – including – can earn billions in new contracts where public services are dismantled. Musk, who played a strong role in the Trump administration, pledged to supervise the reducing the size of federal agencies, on the pretext…
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US inflation climbs to 3%, raising doubts over Federal Reserve rate cuts
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Inflation in the United States increased unexpectedly to 3 % in January, prompting speculation that the federal reserve may keep interest rates higher for a longer period. Action Statistics Office data showed an increase in inflation from 2.9 % in the previous month, defying analysts’ expectations that it will remain…
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Government cuts red tape to create 10,000 more apprenticeships
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The UK government has announced comprehensive reforms of the vocational training system, with the aim of creating up to 10,000 additional training opportunities each year by reducing bureaucracy and granting employers greater control over the training requirements. In a step designed to accelerate economic growth, companies now have more flexibility…
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Israeli gov’t mulls tax cuts as deficit narrows
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The exceptional data published on Monday by the public accountant – a record number at all in the state’s revenues in January 2025 and narrowing the financial deficit faces the Ministry of Finance with a challenge. While the Ministry of Finance officials try to cool this enthusiasm, and to emphasize…
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Analysis-Trump’s aid cuts imperil emerging market investment cash
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Written by Libyan George and Virginia Forens LONDON (Reuters) – Investors said the US decision to freeze and profit the basic relief agency that got rid of the countries that have obtained their funding and may make it difficult for emerging economies to attract private money, the investors said. The…
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Tesla’s daily deliveries near 5,000 in 2024 as price cuts and market shifts drive sales
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Tesla, an ELON Musk, delivered 4,889 vehicles a day in 2024, even with its entire general numbers decreased slightly from 2023. New research indicates that although the main headlines have focused on talking about “Ev Winter”, a quarter of a quarter shows the improved direction steadily until 2024-is an indication…
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Australia’s Cooling Inflation Opens Door to RBA Rate Cuts
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Bread path links PMN Business Australia’s basic inflation has reduced more than expected in the last three months of 2024, and opened the door to reduce the rate of benefits as soon as you send the currency next month. The author of the article: Bloomberg News Swati Bandy It was…
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Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
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Bread path links PMN Business Canada Bank is likely to reduce interest rates by a quarter of a percentage on Wednesday, as officials put their analysis of how the American customs tariffs are raised from the course of the soft landing of the Canadian economy. The author of the article:…
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Bank of Canada to Downsize Cuts as Tariffs Brew: Decision Guide
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Bread path links PMN Business Canada Bank is likely to reduce interest rates by a quarter of a percentage on Wednesday, as officials put their analysis of how the American customs tariffs are raised from the course of the soft landing of the Canadian economy. The author of the article:…
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Unexpectedly low December CPI reading cuts 2024 inflation
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The Israeli CPI fell 0.3% in December, more than expected with analysts expecting a 0.1% decline, after the CPI rose 0.5% in October. In the twelve months of 2024, the inflation rate fell to 3.2%, from 3.4% at the end of November, according to figures released by the Central Statistics…
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Lloyds bankers risk bonus cuts over two-day office rule
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Senior bankers at Lloyds Banking Group risk having their bonuses cut if they fail to meet new in-office requirements, which require being on site at least two days a week. The move, revealed ahead of FY2024 bonuses next month, comes as major employers are backing away from remote working arrangements…
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Lucid beats estimates for EV deliveries as price cuts, cheaper financing spur demand
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(Reuters) – Lucid Group reported record fourth-quarter deliveries on Monday, beating Wall Street expectations, as the Saudi Arabia-backed automaker benefited from strong demand for luxury electric sedans. The electric car maker has cut prices and offered incentives including cheap financing to lure customers away from cheaper hybrid cars amid rising…
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Bank of England poised for four or more rate cuts in 2025, say economists
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The Bank of England is expected to cut interest rates at least four times this year, according to a new survey of 51 economists. the Latest poll It suggests that the base rate could fall from its current rate of 4.75 per cent to 3.75 per cent or lower in…