Beijing, China | Shao Xia | The Economist recently featured an article titled “How China Became Cool” — a rare departure from its typical tone on China. The article highlights not only China’s growing global appeal, but also the concurrent decline of the United States’ international image. While some Americans may reject …
Read More »Musk suggests Congress strategy for his hypothetical political party
NEW YORK, the United States | TASS | Elon Musk said that if members of his potential political party named America were able to win just a few seats in Congress, it would be enough to influence voting on controversial bills. “One way to execute on this would be to …
Read More »America’s tax cuts, tariffs channel wealth to elites
BEIJING, CHINA | Xinhua | The U.S. Senate narrowly passed President Donald Trump’s “One Big Beautiful Bill Act” Wednesday in a 51-50 vote. Though touted as delivering broad prosperity, the sweeping tax and spending package disproportionately benefits the wealthiest Americans. At the heart of the bill is an unprecedented series …
Read More »Trump signs bill on taxes, spending and debt ceiling
NEW YORK, the United States | Xinhua | U.S. President Donald Trump signed his landmark policy bill, the One Big Beautiful Bill, into law on Friday afternoon. The signing ceremony at the White House came a day after the bill was narrowly passed by the House of Representatives on Thursday. …
Read More »USAID Closure: More than 14 million lives to be lost by 2030
Kampala, Uganda | THE INDEPENDENT | A new study says the dismantling of the US Agency for International Development-USAID could result in more than 14 million additional deaths by 2030, including 4·5 million deaths among children younger than 5 years. The US Agency for International Development (USAID) officially closed this …
Read More »Who will pay the price for Trump’s “big, beautiful bill?”
WASHINGTON, the United States | Xinhua | The U.S. Congress on Thursday passed a sweeping tax and spending package, with the House of Representatives approving it in a narrow 218-214 vote, sending the “One Big Beautiful Bill Act” to President Donald Trump for his signature. As a cornerstone of Trump’s …
Read More »Byanyima warns of dire consequences of HIV/AIDS funding cuts
Kampala, Uganda | THE INDPENDENT | UNAIDS Executive Director, Winnie Byanyima has warned of the dire consequences of aid cuts to HIV/AIDS by President Donald Trump. She says a pandemic that has been on decline could re surge. “The consensus behind the old model of development financing is dying. Developing countries …
Read More »Global public debt hit a record $102 trillion in 2024
Uganda among the countries that are currently trapped in the high debt repayment crisis Kampala, Uganda | THE INDEPENDENT | Since 2010, developing countries’ debt has grown twice as fast as that of advanced economies. Today, 3.4 billion people live in countries spending more on interest payments than on health or …
Read More »Museveni warns world leaders on geopolitical effects on global economies
Seville, Spain | THE INDEPENDENT | President Yoweri Museveni has warned of drastic effects on the global economies from the persistent global armed and trade conflicts. He said the “unjustified wars” in different parts of the world were creating uncertainty for global trade and investment. These include the Israel-Palestine conflict, …
Read More »USAID officially shuts down
WASHINGTON, the United States | Xinhua | The United States Agency for International Development (USAID) officially shut down on Tuesday, which was criticized by former U.S. Presidents Barack Obama and George W. Bush. Meanwhile, the USAID will be merged into the U.S. State Department from Tuesday. According to an earlier …
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