Sunday, July 27, 2025
News Wave
No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
News Wave
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology
Login
No Result
View All Result
Login
News Wave
No Result
View All Result
Home World

China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt

8 November 2024
in World
0
China announces .4 trillion package over five years to tackle local governments' 'hidden' debt
Share on FacebookShare on Twitter
How does this make you feel?



China announced a 10 trillion yuan package over five years to address local government debt issues, with plans to expand deficit space next year. The program includes additional debt limits for local governments, special bond issuances, and aims to reduce hidden debt significantly by 2028. While the measures were seen as a positive shift in economic policy, they fell short of investor expectations for more direct fiscal support, leading to a decline in the iShares China Large-Cap ETF.

Full Article

🪄 Creating a simple explanation...

Tags: 039hidden039announcesBreaking News: Asiabusiness newsChinaDebtgovernments039iShares China Large-Cap ETFlocalMarket InsiderMarketsPackagePan American Silver CorpStock marketstackleTrillionXi Jinpingyears
Previous Post

FBI investigates racist text messages sent to black people across US

Next Post

1 killed and 3 wounded after gunmen open fire at Brazil’s largest international airport

Related Posts

Passengers Evacuate Burning Plane in Denver
USA

Passengers Evacuate Burning Plane in Denver

by My News Wave
27 July 2025
0

Passengers on an American Airlines flight from Denver to Miami were evacuated after the pilot ordered them to leave due to a fire on board. Chaos ensued as passengers screamed and rushed to exit the plane, with one describing the panic and urgency to escape the burning aircraft. Want More Context? 🔎

Read more
Syria to hold first parliamentary elections since al-Assad’s fall | Elections News
World

Syria to hold first parliamentary elections since al-Assad’s fall | Elections News

by My News Wave
27 July 2025
0

Syria will hold parliamentary elections from September 15-20, marking the first under interim President Ahmed al-Sharaa following the fall of Bashar al-Assad. While one-third of the 210 seats will be appointed, the elections occur amid rising tensions and sectarian violence in Suwayda, complicating the country's fragile postwar transition. Want More Context? 🔎

Read more
Middle East

The UN, the Palestinians, Israel and a stalled two-state solution

by My News Wave
27 July 2025
0

Since the UN's 1947 partition of Palestine into Jewish and Arab states, it has played a crucial role in Palestinian affairs, aiming to revive the two-state solution. Key events include the 1948 Nakba, the 1967 Resolution 242 calling for Israeli withdrawal, the 1993 Oslo Accords, and recent US vetoes on Palestinian statehood requests despite global recognition of Palestine by numerous UN members. Want More Context? 🔎

Read more
Both sides can claim victory, but devil may be in detail
USA

Both sides can claim victory, but devil may be in detail

by My News Wave
27 July 2025
0

After intense negotiations, the EU and US reached a trade deal, marking a significant moment in their economic relationship ahead of upcoming tariff talks with China. The agreement, hailed as a victory for both sides, is expected to generate substantial tariff revenue for the US and address trade imbalances, though specific investment details remain unclear. Want More Context? 🔎

Read more
Israel-Hamas war: ‘Vast amounts of aid needed to stave off catastrophic health crisis in Gaza,’ UN warns | World News
World

Israel-Hamas war: ‘Vast amounts of aid needed to stave off catastrophic health crisis in Gaza,’ UN warns | World News

by My News Wave
27 July 2025
0

Israel has agreed to a one-week increase in aid to Gaza amid warnings from the UN about the urgent need to prevent famine and a health crisis, as one in three people reportedly hasn’t eaten for days. Limited pauses in fighting are underway, with aid deliveries beginning, but widespread concerns remain about the sufficiency and safety of the aid reaching those in need. Want More Context? 🔎

Read more
Father of 3 Marines who was forcibly detained by immigration agents at landscaping job speaks out
USA

Father of 3 Marines who was forcibly detained by immigration agents at landscaping job speaks out

by My News Wave
27 July 2025
0

An undocumented father, Narciso Barranco, was arrested by federal immigration agents in California while working, leading to a violent confrontation captured on video. Speaking emotionally at a press conference after his release on bond, Barranco thanked his family and the community for their support, while highlighting the broader issue of unjust arrests affecting many undocumented individuals. Want More Context? 🔎

Read more
News Wave

News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • Entertainment
  • Europe
  • India
  • Middle East
  • New Zealand
  • Sports
  • Technology
  • UK
  • USA
  • World

LATEST NEWS STORIES

  • Passengers Evacuate Burning Plane in Denver
  • Chicago Sky Coach Tyler Marsh Calls Out Players After Worst Loss of the Season
  • Syria to hold first parliamentary elections since al-Assad’s fall | Elections News
  • About Us
  • Disclaimer
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • USA
  • Business
  • Sports
  • Entertainment
  • Technology

Copyright © 2025 News Wave
News Wave is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In