Finance Minister Satsuki Katayama has described a government plan to incorporate as much spending as possible into initial budgets rather than rely on supplementary packages as Japan's biggest budget reform since 1945. https://www.japantimes.co.jp/business/2026/06/09/economy/japan-finance-minister-katayama-budget-reform/?utm_medium=Social&utm_source=mastodon #business #economy #satsukikatayama #budgets #japaneseeconomy
Katayama says Japan undergoing biggest budget reform since 1945

The government plans to incorporate as much spending for one year as possible into the initial budget rather than rely on additional funding via supplementary packages.

The Japan Times

AI clearly heading into the Trough of Disillusionment! (per Gartner's Hype Cycle)

This is a major warning flag for all Frontier LLM Vendors. Clients are now beginning to assess less expensive and open alternatives - can you say DeepSeek! https://www.tomshardware.com/tech-industry/artificial-intelligence/openai-ceo-sam-altman-admits-ai-token-costs-are-becoming-a-huge-issue-company-seeks-improved-value-as-overspending-becomes-a-meme

"Chinese models are 10x to 30x cheaper than U.S. models. We’re already seeing evidence of this: Chinese models went from about 1% of developer usage in 2024 to more than 60% in May, and 80% of U.S. AI startups are now using Chinese open-source AI models." https://www.profgmedia.com/p/is-ai-more-expensive-than-the-employees #AI #AIAdoption #OpenAI #Altman #AITokens #DeepSeek #AIInvestment #AIBuildout #LLMs #Capital #Investment #StartUps #FrontierModels #ProfGMedia #Budgets #Gartner #HypeCycle

Travelling is getting tougher for Quebecers — and rising costs are to blame
Since 2021, Quebecers’ vacation budgets have steadily grown. The number climbed to $2,100 in 2025, but hasn’t budged this year.
https://www.cbc.ca/player/play/9.7225450?cmp=rss
The Association of German Cities and Municipalities (DStGB) has criticized the draft care reform proposed by Health Minister Nina Warken (CDU). André Berghegger... https://news.osna.fm/?p=49290 | #news #budgets #funding #local #pressure
Funding Shortfalls and Pressure on Local Budgets - Osna.FM

German Municipals ditch Minister Warken's plan, criticizing the proposed healthcare changes..

Osna.FM
The Lower House is set to pass a ¥3.11 trillion supplementary budget to cushion households and businesses against higher energy costs stemming from the conflict in the Middle East. https://www.japantimes.co.jp/news/2026/06/04/japan/politics/extra-budget/?utm_medium=Social&utm_source=mastodon #japan #politics #middleeast #iran #inflation #sanaetakaichi #japaneseeconomy #budgets
Lower House passes ¥3.11 trillion extra budget to ease Mideast war impacts

The budget will create a new reserve fund to respond to developments in the conflict while aiding impacted energy users and replenishing the existing reserve fund.

The Japan Times

Good meeting design is cheaper than special effects. Instead of spending more on glitz, take the time to invest in great meeting design.

https://www.conferencesthatwork.com/index.php/event-design/2021/08/good-meeting-design

#meetings #EventDesign #budgets #glitz #ProcessDesign

Top government officials have warned Russian President Vladimir Putin that spending on the war in Ukraine is on an unaffordable path, the most serious sign of internal division since the full-scale invasion began. https://www.japantimes.co.jp/news/2026/06/02/world/politics/putin-russia-ukraine-war-economic-cost/?utm_medium=Social&utm_source=mastodon #worldnews #politics #russia #russiaukrainewar #ukraine #vladimirputin #budgets
Russia finance officials tell Putin war spending is unaffordable

Finance Ministry officials have grown increasingly concerned about the state of Russia's economy and state budget in recent months.

The Japan Times
Rising interest costs are increasingly becoming a heavy burden for EU member states. According to reporting by Spiegel, Italy's national debt currently stands a... https://news.osna.fm/?p=48954 | #news #budgets #capacity #costs #eu
Rising Interest Costs Threaten EU Budgets and Investment Capacity - Osna.FM

Rising interest costs are seriously stressing EU nations. See how escalating debt burdens and high rates are reshaping European economies.

Osna.FM
St. John's churches struggling to heat 'very big' buildings amid high oil prices
After months of high fuel prices, some churches in St. John's are struggling to pay unheavenly high oil bills to heat the large buildings — eating up budgets and leaving few options.
https://www.cbc.ca/news/canada/newfoundland-labrador/churches-oil-prices-9.7215296?cmp=rss

From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

🧵 👇

RUSSIA'S NEW REALITY: WAGE DEBT, NO HOT WATER, REGIONAL BUDGETS EMPTY Vlog 1423: War in #Ukraine

According to #ROSSTAT, Russia’s overdue #wage #debt nearly doubled in April from a year earlier and surged almost sixfold since the start of 2025, official statistics showed, in another sign of mounting financial #strain on businesses and regional #budgets as the #economy slows. As utility fee #debts are growing in #russia, the ...

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