Finance Minister

Swedish Finance Minister Magdalena Andersson has given up her attempt to form a new government, leaving Sweden in political deadlock after November's election failed to produce a clear majority. The announcement deepens uncertainty over who will govern the country, with prolonged negotiations or fresh elections now possible.

Israeli Finance Minister Bezalel Smotrich has called for 'war' in the occupied West Bank, prompting questions about whether his remarks signal a genuine escalation of military operations there or are political rhetoric. The statement adds to tensions as Israeli operations in the territory have intensified amid the wider conflict with Hamas and Palestinian groups, drawing international scrutiny of settlement and annexation policies.

Britain's finance minister has said that 'fiscal discipline' will form the core of the upcoming budget. The pledge signals the government intends to prioritise responsible management of public finances, and it comes ahead of a budget statement being closely watched by markets, businesses and households for decisions on taxes and spending.

Estonian Defence Minister Martin Herem has called on the European Union to use frozen Russian assets to support Ukraine, saying Brussels should disregard Moscow's threats of punishment over such a move. The statement adds to ongoing debate within the EU over legal and political risks of tapping roughly immobilised Russian state funds to finance Kyiv's defence and recovery.

Israeli Finance Minister Bezalel Smotrich, joined by Strock, has publicly called on Prime Minister Benjamin Netanyahu to reject the newly proposed Gaza Board of Peace plan. The demand highlights deep divisions within Israel's governing coalition over international oversight arrangements for Gaza's future as ceasefire and reconstruction proposals continue to circulate.

Moldova's finance minister has warned that the country must not waste European Union funds allocated for reforms, urging that the money be used effectively. The remarks come as Moldova continues its push toward closer EU integration and implements reforms required to benefit from EU financial support.

A new Israeli election poll shows former military chief Gadi Eisenkot running even with Benjamin Netanyahu, while far-right finance minister Bezalel Smotrich's party reaches its highest support yet in polling. The figures suggest a shifting right-wing landscape ahead of Israel's next national vote, with Eisenkot emerging as a serious challenger and Smotrich consolidating support among hardline voters.

Treasurer Jim Chalmers and Finance Minister Katy Gallagher are presenting Australia's final budget outcome, wrapping up the financial year's accounts. Attention is focused on the fiscal position ahead of an expected Reserve Bank of Australia interest rate rise, with the budget's state of repair likely to feed debate over whether further rate hikes are needed.

The BBC reports that the UK Prime Minister may finally abandon the triple lock, the pledge that the state pension rises each year by the highest of inflation, average earnings growth or 2.5%. Dropping the promise would break a long-standing manifesto commitment and is being debated as the government weighs pension costs against pressure on public finances.

South Korea's finance minister and the Bank of Korea governor held a meeting, according to Yonhap News Agency. The regular financial chief-central banker meeting is being watched for signals on coordination between fiscal and monetary policy, particularly around inflation, currency pressures and the direction of interest rates as markets assess the country's economic outlook.

Moldova's finance minister has warned that the country must not waste European Union funds earmarked for reforms. The statement underscores pressure on Chisinau to use EU financial support effectively as the country pursues its accession path and implement reforms in areas such as governance and the economy.

Pakistan's finance minister held talks with the US Export-Import Bank in Washington covering potential financing for Boeing aircraft, according to an adviser. The discussions point to possible support for Pakistani aviation purchases from the American plane maker, and come amid Islamabad's efforts to secure international financial backing and strengthen economic ties with the United States.