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Politics

Economic Policy

Politics

Economic Policy

The rule for cheap fuel stays longer

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The government in Austria keeps the rule for cheap fuel until the end of August. The tax on fuel goes down.

Politics

Economic Policy

Less tax for pubs

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The new leader Andy Burnham lowers taxes for pubs and clubs. This helps the towns.

Politics

Economic Policy

Donald Trump plans high taxes on medicine

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US President Donald Trump wants new taxes on cheap copy medicine from other countries. This forces firms to build new factories in the USA.

Politics

Economic Policy

Electricity grid costs become cheaper for many homes

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From 2027, electricity grid costs change. Three out of four homes pay less money. Small homes save a lot of money with the new rules.

Politics

Economic Policy

The USA must pay back money to companies

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The government of the USA pays 81 billion dollars back to firms. A court says the taxes on goods from Donald Trump were wrong.

Politics

Economic Policy

Food is cheaper now

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The tax on many food items is lower. New data shows: Supermarkets pass the savings to customers.

Politics

Economic Policy

A new tax for parcels from other countries

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There is a new rule in the EU. You pay 3 Euro for parcels from far away. This helps local shops. Austria also plans a new cost for online shopping soon.

Politics

Economic Policy

Prices rise less in Austria in June

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Prices in Austria rise more slowly in June. The inflation rate fell to 3.2 percent. Cheaper energy is the main reason for this change.

Politics

Economic Policy

New rules in July: Dearer parcels and easy taxes

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From July 1, money rules change. Parcels from abroad get dearer. In Germany, the tax declaration gets easier.

Politics

Economic Policy

Kevin Warsh is the new boss of the US bank

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The US Senate chooses Kevin Warsh. He leads the Fed now. He takes over from Jerome Powell. Warsh wants to decide for himself without Donald Trump.

Politics

Economic Policy

USA: Kevin Warsh is the new head of the bank

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The US Senate chooses Kevin Warsh. He is the new head of the bank Federal Reserve. He starts his work on Friday.

Politics

Economic Policy

Higher prices in the USA

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Prices in the USA go up. The war in Iran is a reason. Energy and gas cost more money. Many people are not happy.