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The second set of austerity measures was approved on 29 June 2011, with 155 out of 300 members of parliament voting in favor. [53] However, one United Nations official warned that the second package of austerity measures in Greece could pose a violation of human rights.
President Donald Trump appointed Elon Musk to lead the new Department of Government Efficiency (DOGE) to reduce government spending by up to $2 trillion by July 4, 2026. Read Next: If Trump...
The first austerity period took place during the premierships of David Cameron (R) and Theresa May (L) A UK government budget surplus in 2001-2 was followed by many years of budget deficit, [16] and following the 2008 financial crisis, a period of economic recession began in the country. The first austerity measures were introduced in late 2008 ...
Musk first promoted the idea of DOGE, a reference to Musk’s favorite meme, at Trump’s Madison Square Garden rally on October 27. “How much do you think we can rip out of this wasted, $6.5 ...
The anti-austerity movement in the United Kingdom saw major demonstrations throughout the 2010s in response to Conservative-Liberal Democrat coalition government's austerity measures which saw significant reductions in local council budgets, increasing of university tuition fees and reduction of public spending on welfare, education, health and policing, among others.
The online chat comes amid concerns about Musk's access to the Treasury system, first reported by the New York Times, that sends out more than $6 trillion per year in payments on behalf of federal ...
On 28 November 2010, European Commission, European Central Bank (ECB) and the International Monetary Fund (IMF), colloquially called the European Troika, agreed with the Irish government in a three-year financial aid programme on the condition of far-reaching austerity measures to be imposed on the Irish society in order to cut government expenditure.
We also got in touch with the creator of this meme page. Check out our short conversation with the mind behind “Hilarious Ted” below! #1. Image credits: thehilarious.ted.