Tuesday, May 17, 2022

Economy

President Biden Asked Congress for $33B for Ukraine In New Aid

On Thursday, Joe Biden, the American President, asked the United States Congress for 33 Bn dollars in further assistance for embattled Ukraine to help Ukrainian forces effectively resist the brutal assaults of Putin-led aggressive troops over the coming five...

SC Won’t Hear Case on Cap to State, Local Tax Deductions

On Monday, the Supreme Court of the U.S. rejected a bid by four Democratic-leaning U.S. States – New York, Maryland, New Jersey, and Connecticut – to overturn a $10K cap on federal tax deductions for local and state taxes...

United States Announces $800M in Security Support for Ukraine

On Wednesday, the United States President told Volodymyr Zelenskyy, the Ukrainian President, who suddenly emerged as a convincing war leader, that America was sending Ukrainian people and forces an additional 800M dollars in military and security aid. It appears...

US Senate Struggles on Popular Bill to Punish Moscow

The measure is so general that Joe Biden, the US President, and 424 members of the bitterly split House of Representatives support it. But the United States Senate is sputtering, grappling with exploring the time and consensus to block...

Democrats Set for Confrontation with GOPs by Asking Broader Emergency Funding for Ukraine

GOPs and Democrats on the United States Capitol are set for a confrontation over coronavirus relief aid that threatens to hold up greatly needed assistance to Ukrainian forces and people as the state continues resistance for its survival against...

US Senate Passes Stopgap Bill to Extend Federal Govt. Funding Through 11 March

On Thursday, the United States Senate voted 65-27 to pass a stopgap measure to prevent a shutdown at the week's end before an imminent Friday deadline when federal administration funding has set to expire. Last week, the House of...

American Tax Experts Say Build Back Better Bill Likely To be Resuscitated

Corporation tax aides are cautioning clients not to celebrate the apparent demise of the United States President’s 1.75T dollars social and environmental plan, which they sat could be resuscitated with a similar price tag and proposed tax raises. Ryan Abraham,...

President Biden Officially Acknowledges Build Back Better Agenda May be Delayed Until 2022

On Thursday, Joe Biden, the President of America, appeared to acknowledge that his Build Back Better Agenda might not earn approval from the United States Congress in the remaining weeks of 2021, saying Democrats would pursue to proceed the...

Democrats Ask US Treasury Secretary to Support $2T IMF Funds for COVID Pandemic Abroad

On Tuesday, four groups of powerful Democratic legislators urged Janet Yellen, the United States Secretary of the Treasury, to support the issuance of 2T dollars in extra emergency reserves by the International Monetary Fund (IMF) to assist impoverished nations...

US Democratic Lawmakers Remain Divided on Landmark Legislation

On Sunday, the chair of the Congressional Progressive Caucus said her members wouldn’t accept a 1.5T dollars price tag as the US Congressional Democrats look to break the deadlock in discussions over sweeping modifications to the social safety net...

Latest News

Several of Ukrainian Soldiers Freed from Azovstal Plant to Novoazovsk, Olenivka

After a lengthy deadlock, Hanna Malyar, Ukrainian Deputy Defense Minister, said Monday that around two hundred and sixty-four Ukrainian...