Australia is expected to face up to AU$5 billion (US$3.5 billion) in losses as fires continue to rage across the continent, according to an Australian Westpac bank forecast. The natural disaster could also cut 0.2 to 0.5 percent of the country’s GDP, the bank said in its preliminary analysis released on Monday. The tourism and agricultural sectors have been hit hardest, while the most severely affected... 

Amid its launch of a new budget aimed at supporting families and halting its demographic decline, the Hungarian government told Breitbart that it believes thriving families are more important to its society than economic growth. This week, Hungary’s government – led by Prime Minister Viktor Orbán and his ruling Fidesz party – introduced new measures which beginning in 2020 will fund the new...