finance minister

Germany’s new finance minister Klingbeil is champion of higher defence spending

Lars Klingbeil, Germany’s incoming finance minister, is set to reshape fiscal policy with a sharp focus on defense spending, marking a shift from austerity as Berlin boosts military investment amid global tensions.

Former Mauritius minister freed on bail amid fraud allegations

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Fraud case

Former Mauritius minister freed on bail amid fraud allegations

A court in Mauritius has granted bail to former Finance Minister Renganaden Padayachy, who is facing fraud allegations over the suspected embezzlement of millions in public funds from a state-owned company set up to support pandemic-hit businesses.

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