The Institute for Fiscal Studies (IFS) has criticized the Reform and Greens parties for their refusal to address the difficult economic decisions facing the country. The think tank accused the parties of "poisoning" the debate by making unrealistic claims about tax cuts that would cost billions of pounds. The IFS emphasized the need for political parties to acknowledge the painful choices that must be made in order to address economic challenges.

Saudi Arabia is facing potential downsizing of its massive construction projects due to funding concerns. The country may need to scale back its ambitious building schemes in light of financial constraints.

Economists and diplomats are cautioning that Keir Starmer's growth plan for the UK will not succeed without access to EU markets. They suggest that a Labour government led by Starmer would need to rejoin the customs union to fulfill the party's manifesto promises. A recent poll by Opinium for the Observer reveals that 56% of voters believe Brexit has had a negative impact on the UK economy, while only 12% think it has been beneficial. This highlights the importance of re-establishing ties with the EU to maximize economic growth.

The Institute for Fiscal Studies (IFS) has called out both the Labour and Conservative parties for failing to address the harsh reality of necessary spending cuts following the general election. The think-tank criticized the current fiscal rules as being "arbitrary and gameable."

The Decline of U.S. Happiness Ranking: Understanding the Factors The annual World Happiness Report has revealed a concerning trend for the United States, as it fell to 23rd place, marking an all-time low in its ranking. This decline in happiness can be attributed to a multitude of factors that have impacted the overall well-being of […]