India, Sept. 2 -- The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline. In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.

Prime Minister Keir Starmer of the United Kingdom reorganized his staff on Monday in an attempt to strengthen his office ahead of what is expected to be a challenging year-end.

French Prime Minister Francois Bayrou has declared that the "fate of France" is on the line in a confidence vote scheduled for September 8, 2025.

As war rages on in Ukraine, U.S. Treasury Secretary Scott Bessent said tha...