US Raises Fresh Concern Over China’s ‘Risky’ Sea Moves
The US has expressed concern over China’s recent behavior towards Philippine vessels in the South China Sea, with
2023-07-07 10:57
House Republicans Probe BlackRock, Vanguard on Their ESG Policies
House Judiciary Chairman Jim Jordan and two other House Republicans fired off letters to financial industry giants including
2023-07-07 09:49
Brazil’s Congress Advances First Major Tax Overhaul in Decades
Brazil’s lower house gave preliminary approval to a proposal to overhaul the country’s labyrinthine tax rules, a goal
2023-07-07 09:27
Lula Replaces Minister in Bid to Solidify His Congressional Base
Brazil’s President Luiz Inacio Lula da Silva yielded to pressure from a prominent political party and agreed to
2023-07-07 07:55
Wisconsin governor seals 400 years of public school funding increases with budget veto
Wisconsin Gov Tony Evers, a Democrat, used his line-item veto power to enact a state budget that increases spending for public schools for the next 400 years, The Milwaukee Journal Sentinel reported. Mr Evers used the broad powers given to Wisconsin governors to strike a hyphen and the “20” from a reference to the 2024-2025 school year. The line-item veto will make sure that the limits that the state imposes on school districts on how much they are allowed to raise per student will increase by $325 until 2425. The line-item veto will table debates between the two parties during the budget-writing season. Republicans control the state legislature in Wisconsin. Mr Evers said that the move would “provide school districts with predictable long-term increases for the foreseeable future.” Mr Evers also used his line-item veto to nullify much of Republicans’ proposed $3.5m tax cut that would have mostly slashed taxes on the state’s wealthiest residents. But Robin Vos, the speaker of the state House, decried the move. “Legislative Republicans worked tirelessly over the last few months to block Governor Evers’ liberal tax and spending agenda. Unfortunately, because of his powerful veto authority, he reinstated some of it today,” he said in a statement. Dan Rossmiller, who represents the Wisconsin Association of School Boards, said that while the permanent annual funding was “certainly appreciated,” the additional funding could vary depending on the school district and that the rate might not meet or exceed inflation rates in some districts. “I wish the amount would have been higher,” he said. “With inflation at 40-year highs, it's really important to be able to attract and retain teachers and staff, and to be able to pay the increased costs of everything in a school district's budget.” Republicans likely could not override Mr Evers’s action since they lack a veto-proof majority in the state legislature. Read More Watch live: Trump aide Walt Nauta attends court on charges related to classified documents DeSantis doubles down on ‘homophobic’ anti-Trump ad: ‘Totally fair game’
2023-07-06 23:23
Boris Johnson’s WhatsApp Trove Must Be Released, Court Rules
The UK government must comply with an inquiry panel’s demand to disclose all of former Prime Minister Boris
2023-07-06 22:55
Gender Law More Than Doubles Women Lawmakers in Sierra Leone
The number of women lawmakers in Sierra Leone is set to more than double after the West African
2023-07-06 22:19
BoC to raise rates 25 bps on July 12, possibly the last: Reuters Poll
By Milounee Purohit BENGALURU The Bank of Canada will raise interest rates by a quarter-point for a second
2023-07-06 21:55
India-Dominated Clearing Union Moves Toward Rupee Settlement
Nine central banks linked to a South Asia-focused clearing house have reached a consensus to settle trade in
2023-07-06 19:53
Brazil real to take near-term support from improving economic outlook: Reuters Poll
By Gabriel Burin BUENOS AIRES Brazil's currency will likely enjoy some support in the near term from faster
2023-07-06 19:21
Zelenskiy Arrives in Bulgaria Amid Shift to Support Kyiv
Ukrainian President Volodymyr Zelenskiy arrived on a one-day visit to Bulgaria as the Balkan country’s new government looks
2023-07-06 19:17
Ukraine Recap: Lviv Missile Strike; Wagner Chief Back in Russia
A Russian missile strike on a residential area killed at least four people and injured dozens more in
2023-07-06 19:16