The White House told Democratic lawmakers on Wednesday that a proposed hike in U.S. corporate taxes is unlikely to make it into their signature social spending bill, according to a congressional source familiar with the discussions.
Tunisia's president said on Tuesday he would launch a "national dialogue" on changing electoral law and the political system, but gave no detail on how he would allay international concerns about his seizure of near total power.
Brawling factions of the Democratic Party on Thursday worked feverishly toward agreement on a huge U.S. social spending bill, even as Senator Joe Manchin said there would not be a deal "anytime soon" on broad outlines of legislation that is a pillar of President Joe Biden's.
Britain looks set to become the first big economy to undergo a two-pronged withdrawal of COVID-19 stimulus as finance minister Rishi Sunak sets out tighter budget plans next week and the Bank of England prepares to raise interest rates.
The International Monetary Fund has been in contact with Tunisian authorities after a new cabinet was formed last week and more talks are expected soon on the type of aid required by the financially strapped country, a senior IMF official said.