COGNICURRENT

The Economist warns that Russia's economy is in a 'death zone' with declining export revenues and an unsustainable budget, exacerbated by continuous military expenditure amid the ongoing war in Ukraine.

The daily horoscope for Gemini highlights the importance of focusing on work, driving carefully, achieving success in education, and opportunities for financial gains, while also warning about an increasing expenditure that could be concerning.

A recent study suggests that the human body compensates for energy spent during exercise, indicating that aerobic workouts might not burn as many calories as previously thought.

The Ford government in Ontario has spent $1.7 million on advertising to promote its redevelopment plans for Ontario Place, facing criticism over the expenditure as unnecessary.

Finland's parties have reached a historic preliminary agreement on instituting a debt brake, which will necessitate significant public expenditure adjustments by 2031.

Last year's real consumer expenditure showed a decrease for the first time in five years, largely due to falling education expenses amid a declining school-age population in South Korea.

Minister Natalia Morillo emphasized that the newly approved expenditure law for autonomous decentralized governments aims to ensure that public funds benefit the citizens directly.

Indra has reported a 57% increase in profits for 2025, driven by a significant rise in defense expenditure.

Germany has surpassed 100 billion euros in military spending in 2025, ranking fourth globally, while Russia shows only a minimal increase in expenditure amid heavy losses in Ukraine.

Botswana's Ministry of Lands and Agriculture plans a comprehensive land reform to enhance the economic viability of land management practices.

A new reform to the Organic Code of Territorial Organization, Autonomy, and Decentralization in Ecuador has been enacted to promote sustainability and efficiency in autonomous government spending.

President Daniel Noboa has submitted a new law aimed at enhancing spending efficiency for decentralized autonomous governments in Ecuador, which mandates a significant allocation of their budgets to essential public services.

Osaka City presents its budget proposal for 2026, indicating a significant increase in both revenue and expenditure, projecting an overall balanced situation despite rising expenditures.

The Gujarat government has allocated ₹63,184 crore to the education sector in its budget, marking a crucial investment in development.

Latvia's participation in the 'Michelin' guide is a topic of debate, with supporters touting its benefits for tourism marketing and opponents questioning the necessity of such expenditure.

The Auditor General of the Federation and the Secretary of National Defense in Mexico have signed an agreement to enhance inter-institutional coordination and improve public spending oversight.

The NHS is set to increase its expenditure on settling childbirth negligence lawsuits following a Supreme Court ruling that allows children to claim compensation for future income loss due to catastrophic injuries.

Ecuador's National Assembly convenes in Guayaquil to address urgent economic legislation concerning local governments and the mining and energy sectors.

Exceptions to Brazil's fiscal framework have increased due to a recent Supreme Court ruling, putting pressure on public expenditure control.

The article discusses the financial expenditure allocated for the maintenance of the Tartu prison in Estonia, clarifying a recent political statement regarding its costs.

A report highlights the significant spending on the Smart City Mission over the past decade, questioning the improvements in various cities.

Serie A has acquired control of the Fantacalcio platform, investing approximately 18 million euros to take over 51% of Quadronica, the company managing the popular fantasy football site.

The Nigerian Senate Committee on Capital Market has questioned the Investments and Securities Tribunal about its N16 million expenditure on office fumigation in 2025.

The Nigerian Senate panel is questioning the Investments and Securities Tribunal regarding its N16 million expenditure on office fumigation amidst economic challenges in the country.

The Talsi region municipal budget for this year is set to be 11% higher than planned last year, as approved by the local council.

State House in Kenya has exceeded its annual budget allocation for recurrent expenditure just months into the financial year 2025/26.

A lottery-funded old-age home in eDumbe, KwaZulu-Natal, has remained incomplete for nearly nine years despite the expenditure of over R36 million.

An initial investment of US$7 billion has been confirmed for the Vicuña mining megaproject, which is expected to involve a total expenditure of US$18 billion and rank among the world's top five operations for copper, gold, and silver.

The head of Latvia's Fiscal Discipline Council warns that if income projections fall short, discussions about expenditure will become a priority again.

Spain's regional financing system only provided 99.6% coverage for the essential services expenditure in 2023, with Murcia and Valencia experiencing the lowest levels.

An interview with union representative Marcus Jogerst-Ratzka discusses the inefficiencies in nursing care expenditure despite increasing staff numbers in German hospitals.

German Chancellor Friedrich Merz warns that freedom in Europe is threatened in the context of increasing military expenditure and geopolitical tensions, particularly regarding Russia and U.S. disengagement.

The flower industry in Australia is advocating for clearer country of origin labelling as the Valentine’s Day spending surge approaches, with an estimated total expenditure of $220 million on flowers.

INEC has proposed a budget of N873.78 billion for the 2027 general elections in Nigeria, focusing on election operations, technology, and capital expenditure.

Latvia's budget allocates €1.35 billion, approximately 7.5% of total expenditure, to education this year.

The article discusses Vastu Shastra remedies that can help attract the goddess Lakshmi into one's home without any financial expenditure.

Czech official Hampl raises concerns that certain transport infrastructure expenses may not qualify as defense spending under NATO's regulations.

The European Parliament is set to vote on a €90 billion loan for Ukraine on February 11 to support military expenditures.

The Rio de Janeiro State Audit Court (TCE-RJ) has launched an investigation into works carried out in state educational institutions, following a report that revealed significant structural renovations financed through a decentralized payment system that complicates public expenditure oversight.

The four largest tech companies—Microsoft, Alphabet, Amazon, and Meta—are set to collectively invest over $650 billion in artificial intelligence this year, marking a significant increase in expenditure focused on AI infrastructure and chip acquisition.

Amazon's shares fell by 9% after the company revealed a plan to invest $200 billion in artificial intelligence, raising concerns among investors about the returns on such a large expenditure.

Amazon's stock fell 11% in after-hours trading on Wall Street after the company reported a 31% year-over-year increase in net profit but disappointed investors with its capital expenditure forecast of approximately $200 billion for the year.

The Engel coefficient in Japan has risen to 28.6% for 2025 due to food inflation, marking the highest level since 1981.

According to a survey by the Ministry of Internal Affairs and Communications, household spending for two or more person households increased by 0.9% in real terms compared to the previous year, marking the first increase in three years.

In 2025, the Brazilian federal government's total expenditure on parliamentary amendments reached R$ 45.4 billion, marking the highest amount since record-keeping began in 2015.

The House of Representatives Committee on Finance has questioned the Nigerian Bulk Electricity Trading Plc's boss about a N4.099bn expenditure and suspended the review of the agency's 2026 budget.

The Federal Court of Auditors reports that despite an additional expenditure of 2.9 billion euros by health insurances for faster medical appointments, waiting times have actually increased following the implementation of the appointment service law.

The Warsaw-Mokotów District Court began reviewing a request for the temporary arrest of former Justice Minister Zbigniew Ziobro, who faces over twenty charges related to irregularities in the expenditure of millions from the Justice Fund.

Lithuania's economy has been rapidly converging with EU averages, leading to significant growth in disposable income and household expenditure, but industry warns of future challenges that could impact living standards.

Experts are calling for a new social security reform in Brazil, highlighting crucial points that were omitted from the 2019 legislation amid rising expenditure on benefits and pensions.