Gulf Times - austerity
Talks on austerity emerge from unrest in Ecuador as capital on lockdown

Talks on austerity emerge from unrest in Ecuador as capital on lockdown

An indigenous group in Ecuador behind mass protests against cuts to fuel subsidies agreed to hold talks with President Lenin Moreno, who ordered a curfew in the capital on Saturday after the latest wave of violence ...

Austerity drive: Pakistan's car auction falls short

Austerity drive: Pakistan's car auction falls short

The auction on Monday raised about 200mn rupees ($1.6mn), government official Mohammad Asif told local Geo TV.

Jordan's King Abdullah swears in new cabinet

Jordan's King Abdullah swears in new cabinet

A government official said the new cabinet decided at a meeting after the swearing-in ceremony to withdraw a contentious personal and corporate tax bill.

Tunisia's PM seeks to calm anti-austerity protesters

Tunisia's PM seeks to calm anti-austerity protesters

Protests erupted in more than 10 towns across Tunisia against price and tax increases imposed by the government to reduce a ballooning deficit and an economic crisis.

British PM defends austerity amid cabinet splits

British PM defends austerity amid cabinet splits

Embattled British Prime Minister Theresa May on Wednesday defended her government's policy of austerity, amid signs of cabinet splits over the seven-year squeeze on public spending.

Obama praises Greece, raps EU austerity on final foreign trip

Obama praises Greece, raps EU austerity on final foreign trip

US President Barack Obama cautioned European leaders on Tuesday against relying only on austerity to tackle the debt woes of struggling economies and also urged greater solidarity with Athens on the migrant issue.

Mufti tells Saudis to back government austerity moves

Mufti tells Saudis to back government austerity moves

Saudi Arabia's top religious authority urged citizens to support government austerity measures, saying recent decrees were temporary moves necessitated by public interest, a newspaper reported on Thursday.

Saudi chops wage, benefit bill in austerity pursuit

Saudi chops wage, benefit bill in austerity pursuit

A decision to slash ministerial pay by a fifth reflects Saudi Arabia's resolve to nudge its citizens into tolerating a fall in living standards at a time of low oil prices.

Kuwait austerity drive 'tricky for government'

Kuwait austerity drive 'tricky for government'

A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as it prepares to push through painful and controversial cuts to welfare benefits.