Daily News of 04-12-2024

Australia
Record public spending ‘props up growth, but delays rate cuts’

Jim Chalmers says record government spending is stopping the economy from shrinking, but economists say it is delaying rate cuts and crowding out the private sector. The Australian Financial Review

‘Sad economy without hope’: Deepest hit to living standards on record

Treasurer faces questions about his ability to manage economy as public spending props up national accounts. Sydney Morning Herald

France
Pourquoi la censure du gouvernement pourrait faire les affaires des retraités

DÉCRYPTAGE - Si le gouvernement de Michel Barnier est censuré par l’Assemblée nationale ce mercredi, le projet de loi de financement de la sécurité sociale tombe à l’eau, avec des conséquen... Le Figaro

Le débat sur la démission d’Emmanuel Macron, un « poison lent » distillé par le RN

Si Jordan Bardella et Marine Le Pen se gardent d’appeler eux-mêmes au départ du chef de l’Etat, ils laissent leurs troupes diffuser cette idée. Au travers de la motion de censure que les élus ... Le Monde

Germany
China: Wie die KP ihren Einfluss in deutschen Firmen ausbaut

China: Wie die KP ihren Einfluss in deutschen Firmen ausbaut Handelsblatt

Südkorea: Opposition fordert Rücktritt des Präsidenten

Auch andere Länder zeigen sich besorgt über das Vorgehen des Präsidenten. Dessen Berater bieten angeblich ihren Rücktritt an. Süddeutsche Zeitung

Israel
Netanyahu and Ben-Gvir complain about the 'deep state.' It turns out they're running it

The Latest Affair Involving the National Security Minister's Associates Is Another Stage in His Hostile Takeover of the Police. He and Netanyahu Can Threaten to Oust the Attorney General, but the Chan... Haaretz

The modern digital age: Have university campuses become obsolete? - opinion

Ariel University exemplifies what a thoughtfully designed, interdisciplinary campus can achieve. The Jerusalem Post

Singapore
South Korean opposition move to impeach President Yoon after martial law debacle

Lawmakers from opposition parties said they will propose a Bill to impeach Mr Yoon on Dec 4 The Straits Times

Huge Vietnam fraud case raises questions over banking system

A MULTI-BILLION-DOLLAR fraud scandal involving one of Vietnam’s most prominent tycoons exposed systemic weaknesses in the country’s banking sector, say analysts who warn other such cases could yet... The Business Time

Spain
Moncloa estudia el recorte de las ventajas fiscales de los planes de pensiones y de la declaración conjunta de IRPF

El ministerio de Hacienda atajará el extra de ingresos tributarios –correspondientes al 0,2% del PIB– que Bruselas le exige para garantizar el cumplimiento de las reglas europeas, con una revisi�... El Economista

¿Puede la crisis de Francia desatar una intervención del Banco Central Europeo?

La crisis política en Francia, que puede provocar mañana miércoles la caída del Gobierno del primer ministro Michel Barnier, está teniendo unas repercusiones muy... Expansión

United Kindom
Whitehall reverts to working from home under Starmer's Labour Government

Whitehall reverts to working from home under Starmer's Labour Government The Telegraph

Ministers considering renationalising British Steel if rescue plan fails

Exclusive: Move would be last-ditch attempt to save thousands of UK jobs amid standoff with company’s Chinese owners The Guardian

China and Russia are already playing the new Great Game

Victory for the Taliban is redrawing the strategic map in central Asia. The West risks being left behind by its rivals, writes Catherine Philp

 The Times

United States
America’s Role Reversal: Working-Class Blacks Make Gains While Whites Fall Back

America’s Role Reversal: Working-Class Blacks Make Gains While Whites Fall Back  The Wall Street Journal

How Bangladesh’s Economy Was Siphoned Dry

Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister. The New York Times