Latest news with #cabinet
Reuters
2 days ago
- Business
- Reuters
Thailand minister to propose $3.4 bln stimulus projects to cabinet next week
BANGKOK, June 18 (Reuters) - Thailand's finance minister said on Wednesday he would propose projects worth 110 billion baht ($3.4 billion) to the cabinet next week, as the government looks to boost the economy. The projects are expected to boost GDP growth by 0.4 to 0.5 percentage points, Pichai Chunhavajira told a press conference. ($1 = 32.60 baht)
Bloomberg
7 days ago
- Business
- Bloomberg
Dutch Cabinet Approves NATO's 5% Defense Spending Target
Dutch Prime Minister Dick Schoof's caretaker cabinet agreed to increase defense and security spending to 5% of gross domestic product by 2032 in line with the North Atlantic Treaty Organization's proposed target. The government, which lost its parliamentary majority last week, is playing host to a NATO summit on June 24-25 in The Hague. President Donald Trump, who has demanded that allies spend 5% after threatening to pull out of the alliance, is expected to attend.
Reuters
7 days ago
- Business
- Reuters
Swiss government approves package of measures for closer EU ties
ZURICH, June 13 (Reuters) - The Swiss cabinet on Friday said it has approved the agreements struck with the European Union last year to regulate their relationship and has now launched a domestic consultation process. The uncertain global geopolitical situation made it a "strategic necessity" for Switzerland to maintain stable and predictable relations with the European Union, its biggest trading partner, the government said. "After Switzerland brought the negotiations with the EU to a successful close in December 2024, the Federal Council finalised the implementing legislation and accompanying measures," the cabinet said. Issues such as wage protections, immigration and electricity as well as the type of referendum to be held on accepting the proposals have all been agreed over the last five months. The consultation process will last until October 31, 2025, the Swiss cabinet said. Parliament will debate the package before a referendum is held, likely in 2028. "With this package, the cabinet is aiming for customised sectoral participation in the EU single market as well as cooperation in selected areas," the cabinet said in a statement. "Given the current global unrest, maintaining good relations with neighbouring countries is key," it added.
CTV News
11-06-2025
- Business
- CTV News
Michael Sabia, veteran of public and private sectors, to head Carney's Privy Council
Michael Sabia will serve as clerk of the Privy Council starting July 7, 2025. Sabia, at the time deputy finance minister, is pictured responding to a question as he testifies at the Public Order Emergency Commission, Thursday, November 17, 2022 in Ottawa. THE CANADIAN PRESS/Adrian Wyld OTTAWA — Prime Minister Mark Carney is tapping Michael Sabia, a veteran of the public and private sector, to head up the Privy Council Office in Ottawa. Sabia's tenure as clerk of the Privy Council and secretary to cabinet will begin July 7, replacing John Hannaford who is retiring. Serving as the head of Hydro-Québec since 2023, Sabia was Canada's deputy finance minister through the pandemic years and early recovery. He served as the head of Quebec's public pension plan for over a decade before that and is a former CEO of Bell Canada Enterprises. Sabia was named an officer of the Order of Canada in 2017. The Privy Council offers non-partisan policy advice to the prime minister and cabinet and is responsible for managing the broader public service. CTV News is a division of Bell Media, which is part of BCE Inc. This report by The Canadian Press was first published June 21, 2025. The Canadian Press
Yahoo
09-06-2025
- Politics
- Yahoo
Karoline Leavitt Squirms Over Maria Bartiromo's Blunt Question About Elon Musk
White House press secretary Karoline Leavitt on Sunday tried to laugh off Fox News host Maria Bartiromo's question about an alleged physical altercation that reportedly erupted between top Trump ally-turned-detractor Elon Musk and Treasury Secretary Scott Bessent. Citing a news report from The Washington Post that now-departed DOGE boss Musk body-checked Bessent during a blow-out over a difference in opinion at the White House in April, Bartiromo said: 'We're all trying to figure out what happened here and how come this got to this level.' She then asked Leavitt, 'What happened? Did he body-check the Treasury Secretary in the White House?' Leavitt chuckled and tried to spin the clash as one of the 'healthy disagreements amongst the cabinet and Elon Musk' that she claimed only 'really speaks to the heart of this cabinet and the president's team, that they can have these robust disagreements and then still come together to do what's right for the people they are serving.' Bartiromo pressed later, 'What I'm trying to understand here is how rough this got, because the president said that Elon Musk disrespected the office of the president.' 'Now, we know that there was real disrespect in a lot of those X posts from Elon Musk, for sure. But did he actually get physical?' she continued. 'Was there a fistfight that he body-checked the treasury secretary?' 'I certainly wouldn't describe it as a fist fight, Maria,' Leavitt responded. 'It was definitely a disagreement. Although, I was not there, I didn't witness it with my own eyes. I heard about it through secondhand reporting. But again, we've moved on from that. The president has moved on from it.' Watch here: Marjorie Taylor Greene's 'Lesson For Us All' Leaves Seth Meyers Absolutely Floored 6 Wildly Different Ways Fox News Hosts Struggled To Process Trump-Musk Blowup German Leader Politely Shuts Down Trump's Hot Take On D-Day 1 Subtle Barb In Trump-Musk Blow-Out Has Dana Bash Saying 'Wow, Wow, Wow'
