Gulf Times - public-spending
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.

Kuwait emir tells MPs spending cuts 'inevitable'

Kuwait emir tells MPs spending cuts 'inevitable'

Kuwait's Emir Sheikh Sabah al-Ahmad al-Sabah opened the new parliament on Sunday by declaring that a reduction in public spending is "inevitable" in the face of weak oil prices.