The UK has opened a scheme for people to volunteer to host Ukrainian refugees. It was overwhelmed with over 120,000 people signing up as well as big companies offering help. Airbnb also reported that people across Europe were offering their short-term rentals to Ukrainians for free. Human rights and refugee …
Read More »Focus on youth jobs could undermine $4 billion digital adoption program, business groups say
Prime Minister Justin Trudeau, Economic Development Minister Mary Ng and EDC President and CEO Isabelle Hudon, left, listen to Sheena Russell, founder of Made with Local, speak via videoconference during a press conference on Canada’s Digital Adoption Program at Bayview Yards in Ottawa, March 3.Justin Tang/The Canadian Press Business groups …
Read More »Admin eats $20m in NSW flood grants | The Murray Valley Standard
The Premier of New South Wales has apologized to communities devastated by floods in northern New South Wales after many felt ‘left behind’ as it was revealed that millions of dollars allocated to flood relief will be eaten up by administrative costs, More than $20 million of the $434.7 million …
Read More »Japan braces for more inflation amid Ukraine crisis
Russia’s invasion of Ukraine has further worsened the outlook for global inflation, with the crisis already pushing up oil prices – and economists say it could rise further. The renewed rise in energy costs is expected to hurt the Japanese economy, which has already started to feel the effects of …
Read More »PN promises grants and tax exemption for parents of children participating in extracurricular activities
The Nationalist Party is committed to paying an annual grant of 300 euros to parents of students under the age of 18 who participate in extracurricular activities, Bernard Grech said on Tuesday. The party also offers plans that allow parents to have private school and extracurricular expenses deducted from their …
Read More »When grants exceed budget, direct cash transfer may be an option
If 85 million cubic feet (MCF) of imported LNG is added to the national grid every day to meet gas demand in the country, the government subsidy will amount to around Tk 25,000 crore in the current fiscal year alone , which is more than six times the FY22 budget …
Read More »Canadian judge issues order to stop protesters from blocking US border bridge
Reuters / 07:29 Feb 12, 2022 People erect a tent as truck drivers and supporters continue to block access to the Ambassador Bridge, which connects Detroit and Windsor, to protest coronavirus disease (COVID-19) vaccination mandates, in Windsor , Ontario, Canada February 10, 2022. REUTERS/ Carlos Osori WINDSOR, Ontario – A …
Read More »Union budget, a pro-development and inclusive budget: Sarbananda Sonowal
Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal hailed the Union budget as a pro-development and inclusive budget which will contribute immensely to the growth of the Indian economy. The Minister also welcomed the special announcement made for the North East region – through the empowerment of the North …
Read More »Mauritius will name a metro station after Mahatma Gandhi built with the help of India | Mobility News
The Mauritian government has decided to name one of the country’s main metro stations as Mahatma Gandhi station to thank India for supporting the express metro project, the country’s Prime Minister Pravind Kumar Jugnauth has said. “I am privileged to inform you that as a token of appreciation for India’s …
Read More »Can we say “no” to fuel subsidies?
Not a single country in the world sets a “fair” price for fossil fuels. The fossil fuel industry benefits from subsidies around the world – $11 million per minute. Subsidies on oil, gas and coal amounted to $5.9 trillion in 2020, and could reach $6.4 trillion in 2025, estimates the …
Read More »Ministry tells island town it will host SDF base and US drills
NISHINOOMOTE, Kagoshima Prefecture—The Defense Ministry announced it would build a Self-Defense Force base here to be used for displaced US military exercises, prompting a stunned reaction from the city’s mayor. “The government has decided to choose Mageshima Island not as a candidate site but as an official site for the …
Read More »What it will take to save American democracy
And that doesn’t just happen in emerging democracies. Consider, for example, modern Germany. After its hellish descent into tyranny in the 1930s and 1940s, Germany emerged from the war defeated and destroyed, but then reappeared and recreated itself. Today it appears to be an almost supernaturally stable democracy. Angela Merkel …
Read More »The three years of the PTI government, an economic success: Prime Minister Imran Khan
ISLAMABAD: Prime Minister Imran Khan said on Friday that the country was producing 25,000 tonnes of urea per day, which was enough to meet the country’s needs, warning that those involved in creating man-made shortages would be treated severely. He was chairing a meeting to review the demand and supply …
Read More ȣ 1bn in support for companies most affected by Omicron in the UK
Businesses in the hospitality and leisure sectors in England will be eligible for one-off grants of up to £ 6,000 per local, and over £ 100million in discretionary funding will be made available to local authorities for support other companies The government will also cover the cost of statutory sickness …
Read More »Africa must push for measurable climate goals based on Africa’s development needs
“Today we agreed… to phase out and rationalize inefficient fossil fuel subsidies over the medium term while providing targeted support to the poorest. “ No, this is not a quote from the new ‘Glasgow Climate Pact’ agreed at the climate summit last month, but an agreement in 2009 – 12 …
Read More »BJP State Working Committee – The New Indian Express
Through PTI The BJP Rajasthan task force on Saturday presented a resolution criticizing the Congressional government led by Ashok Gehlot on various issues, including law and order and the waiver of agricultural loans, and alleged that there is an “atmosphere of economic emergency “in the state. During a press briefing, …
Read More »Ford government sent nearly $ 1 billion to businesses ineligible for COVID-19 assistance or that lost less money than they received, Auditor General says
Haste makes waste. In the rush to push out COVID-19 aid, Prime Minister Doug Ford’s government sent nearly $ 1 billion to thousands of businesses that were not eligible or received more than their losses justify it, accuses Auditor General Bonnie Lysyk. Lysyk found a “troubling” lack of controls that …
Read More »PM denies delay to integrity commission
Scott Morrison has denied that the government is delaying work on a federal integrity commission, despite the coalition rejecting opposition calls for a bill. The prime minister had promised a federal integrity commission as an electoral commitment ahead of the 2019 election, but has not yet advanced a debate in …
Read More »British Business Bank’s due diligence on Greensill “woefully inadequate”, report says
The British Business Bank demonstrated “woefully inadequate” due diligence in approving Greensill Capital to provide government-guaranteed loans through a coronavirus support program, a parliamentary committee has said. A report from the House of Commons public accounts committee released on Saturday found that the state bank had accepted information from the …
Read More »‘Phasing out’ of coal from US-Chinese declaration at COP26, unfair criticism of India, officials say | India News
NEW DELHI: Seeking to counter criticism from developed countries that India is the last-minute spoiler at the recent COP26 regarding “phasing out coal,” senior officials rebuffed the comments, saying they were misinformed and unfair. The term “gradual reduction”, which replaced “phase-out”, of coal emissions was taken from the US-China statement …
Read More »The G20 must say goodbye to fossil fuels and recommit to the Paris 1.5C target | The Secret Negotiator
TGlasgow Cop26 talks could fail even before the conference begins. This weekend, just at the start of Cop26, the G20 meets in Rome. This is a moment of maximum apprehension, as these 20 developed and emerging economies represent 78% of global greenhouse gas emissions. They meet outside the control and …
Read More »There are better ways than wealth tax to promote economic equality
Norma Cohen is an Honorary Fellow at Queen Mary University in London and a former FT journalist. With the highest levels of government borrowing and taxation in decades, the current economic situation is similar to that of the 1920s. In this article, she argues that by examining the parallels between …
Read More »Late bill causes more pain and unnecessary suffering
Government grants awarded before the close of applications. Majority of high value grants awarded through “closed, non-competitive processes”. More than half of grants for rural Australia go to cities (“55% of regional grants go to big cities”, October 20). Voters’ anger at sports and the suburban parking lot campaign has …
Read More »Liberals plan to extend support for expiring pandemic for businesses and individuals
A number of federal pandemic supports for individuals and businesses are expected to end this week. Most of them can be further extended in the short term without introducing new legislation. Businesses and industry groups are keenly aware of the coming end of the pandemic, they say supports are still …
Read More »The seasoned lawyer who chairs the ICAC investigation of Berejiklian
As senior counsel, Ms. McColl assisted the coroner in the Thredbo landslide investigation in 1997 and chaired as Deputy Commissioner a 1996 ICAC investigation into a “culture of flight” in the Glebe Mortuary in Sydney. Evidence prior to the Glebe morgue investigation showed that the practice of “digging up” or …
Read More »Tunisia unveils new government but no sign of end of crisis
Prime Minister Najla Bouden Romdhane poses for a photo during his meeting with Tunisian President Kais Saied, in Tunis, Tunisia, September 29, 2021. Tunisian Presidency / Document via REUTERS No clue on economic reforms, abandonment of power Critics denounce “coup”, supporters hail coup against elite Protests raised fears of political …
Read More »Ethiopia is deliberately starving its own citizens
October 9, 2021 IIT’S ALMOST a year since Abiy Ahmed, the Ethiopian Prime Minister, launched a “policing” operation against the government of the northern Tigray region, which he accused of rebellion. From the start, the conflict that followed was marked by war crimes. Late last year in the city of …
Read More »Andhra CM calls for the Prime Minister’s intervention to deal with the energy crisis
The Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy, on Friday requested the intervention of Prime Minister Narendra Modi to deal with the acute energy crisis facing the state, due to the shortage of stocks of coal. To avoid chaotic conditions likely to arise from the load shedding, the …
Read More »“Health officials decided on recalls, not the government”
Health Ministry professionals have decided on the outline of the Green Pass and the need for a booster dose of Pfizer’s coronavirus vaccine, Public Health Chief Dr Sharon Alroy-Preis said on Wednesday. during a meeting of the Constitution, Law and Justice Committee. The meeting met to discuss the expiration of …
Read More »TRS government failed to provide central fund accounts: Union Minister of Railways
Hyderabad: Union Minister of State for Railways Raosaheb Dadarao Dhanve Patil said today that the ruling government of Telangana Rashtra Samithi (TRS) has not provided any accounts to date regarding the funds that ‘he received from the central government. The Union Minister who attended the “Praja Sangrama Yatra” of the …
Read More »Australia steps up hydrogen funding ahead of climate talks
A worker stands on top of a wind turbine during a routine inspection at Infigen Energy’s wind farm in the hills surrounding Lake George, 50 km north of the Australian capital of Canberra, May 13, 2013. REUTERS / David Gray MELBOURNE, Sept.20 (Reuters) – Australia on Monday announced it would …
Read More »How a submarine deal sparked a major diplomatic crisis | Business and Economy News
Australia’s decision to cancel a multibillion-dollar order for French submarines in favor of American and British technology has sparked an unprecedented diplomatic row between longtime Western allies. The French Foreign Ministry recalled its ambassadors in the United States and Australia citing “duplicity, disdain and lies”. Along with the economic damage …
Read More »Government will continue to provide grants for haj, deputy minister says
KOTA BARU: The government has given assurances that the grant for performing the haj will be maintained despite the possibility of higher costs in the future, said Deputy Minister of the Prime Minister’s Department (Religious Affairs) Datuk Ahmad Marzuk Shaary. However, he said the actual cost of performing the haj …
Read More »Chinese-American competition takes hold in Beijing’s backyard
Washington- As China expands its influence across Asia with belt and road infrastructure projects, the United States is retaliating with a major development project in China’s backyard, Mongolia. Last month, U.S. Ambassador to the United States Michael Klecheski and President Ufnergin Klersk of Mongolia presided over the groundbreaking ceremony for …
Read More »Former RBI Deputy Chief Warns Of Rising Bad Debt Due To Covid
India’s increase in credit to help small borrowers overcome the impact of Covid-19 risks fueling bitter debt, a former central banker has warned. Prime Minister Narendra Modi’s government has provided a 4.5 trillion rupee ($ 62 billion) emergency credit program, along with loan guarantees, as a first line of defense …
Read More »Virus-free New Zealand plans to reopen border due to labor shortage
WELLINGTON (Reuters) – Under pressure from businesses and public sectors facing a labor shortage that policymakers say will fuel inflation, New Zealand Prime Minister Jacinda Ardern is due to unveil this week her intention to reopen the country’s borders. FILE PHOTO: New Zealand Prime Minister Jacinda Ardern participates in a …
Read More »UK government spends over £ 163,000 on union flags in two years | Politics
Robert Jenrick has slammed BBC presenters for daring to gently mock his size, Grant Shapps has a small plastic replica of it on his bookcase, while Matt Hancock associated it with a photo of Damien Hirst from the Queen. At the time of the Zoom interview, it appears government ministers …
Read More »FirstFT: Archegos employees face big losses
Global Updates Sign up for myFT Daily Digest to be the first to hear about world news. Hello. This article is an on-site version of our FirstFT newsletter. Subscribe to our Asia, Europe / Africa or Americas edition to receive it directly to your inbox every morning of the week …
Read More »Experts defend electric cars after Allegra Stratton comments | Electric, hybrid and low emission cars
Experts in electric cars rallied to the defense of the vehicles after suggestions from a government spokesperson that they were not suitable for long journeys. Electric cars have an average range of around 200 miles, suitable for the vast majority of trips on UK roads, while higher end models have …
Read More »The history of “bad parking lots” is scandalous. But it will continue to happen unless we close the subsidy loopholes
On Monday, a Senate hearing produced even more overwhelming evidence on the “bad parking lots” affair. The Australian National Audit Office told a parliamentary committee that a list of the top 20 fringe electorates guided the distribution of a $ 389 million parking lot construction fund during the 2019 election …
Read More »Covid-19: British government puts Balearic Islands back on orange travel list | Economy and business
Tourists arrive at Palma de Mallorca Airport on July 1.ENRIQUE CALVO / REUTERS The festivities lasted barely three weeks. The British government announced on Wednesday that it was removing the Spanish Balearic Islands from its “green” travel list and putting it back on “orange”. The move, based on the growing …
Read More »Grant Shapps says government ‘wanted’ masks to be mandatory on London public transport
Grant Shapps backed the London mayor’s decision to keep face coverings mandatory on public transport – despite Boris Johnson insisting only last week, people would have the choice of wearing them. As the government prepares to drop the legal obligation to use face coverings from July 19, the decision of …
Read More »Public debt starts to sound almost as sketchy as payday loans – OpEd – Eurasia Review
By Malachy McDermott * If there’s one thing all honest savings advisers would agree on, it’s that a payday loan is a bad idea. Taking out a high interest loan backed by nothing but your word to pay off your checking account to burn fuel with no capital investment just …
Read More »India’s most populous state seeks to promote two-child policy | World news
NEW DELHI (Reuters) – India’s most populous state, Uttar Pradesh, has proposed legislation to discourage couples from having more than two children, becoming the second state to be led by the Prime Minister’s party Narendra Modi to make such a proposal. If Uttar Pradesh were a country, its 240 million …
Read More »In Haiti, violence culminates in the assassination of Moise
Editor’s Note: This is the web version of our weekly subscriber-only wrap-up newsletter, which uses relevant WPR coverage to provide background and context for the week’s top stories. Subscribe to receive it by email Every Saturday. If you are already a subscriber, adjust your newsletter settings to receive it directly …
Read More »Fifty Shades of Evil: The Taxpayer Coalition’s lifeline of $ 660 million for fringe-seat MPs | Catherine murphy
The great modernist poet TS Eliot thought April was the cruelest month. He obviously didn’t know Scott Morrison. We open with April, because we have to go back to April 2019, when Canberra’s political class was rushing towards an election that almost everyone (except Morrison) thought the Coalition would lose. …
Read More »Best Start Shows Everything Wrong With Government Grants
Isn’t the Best Start program all that is wrong with public spending right now? It is the Prime Minister’s favorite program for giving money to parents of newborn babies. It was started to end child poverty, with a payment of up to $ 3,120 per year. Today we learn that …
Read More »World Bank grants Pakistan $ 442.4 million to improve social infrastructure in Punjab
ISLAMABAD: The World Bank has granted Pakistan US $ 442.4 million for the strengthening of social infrastructure in rural areas of Punjab, including the rural water supply and sustainable sanitation project. The Ministry of Economic Affairs, the Government of Pakistan and the World Bank on Sunday signed the financing agreement …
Read More »Subsidy cut over the summer could leave half the restaurants behind
Summer is here and Canadian restaurateurs are finally seeing the light at the end of the dark and gloomy tunnel of the ongoing global pandemic. But for many, survival is still uncertain. As much as they would like to stay focused on welcoming their regulars, placing more orders with local …
Read More »Developments in trade relations between the United States and the United Kingdom
The trade relationship between the United States and the United Kingdom is economically and historically important to both countries. While the two countries reaffirmed their long-standing alliance at the recent G7 summit, a number of trade-related disputes remain unresolved. Some recent tariff eases suggest that the two countries are looking …
Read More »SA Labor commits to abolish the sports arena to spend funds on public health
South Australia’s Labor Party has pledged to cut a $ 667 million sports and entertainment arena – pledged by the current state government if re-elected – to funnel funds into the healthcare system instead troubled state. Key points: In March, the state government announced the construction of a $ 667 …
Read More »SMEs need relaxed lending criteria from banks
The business sector calls on the government to help cope with the growing financial difficulties of small and medium-sized enterprises (SMEs) ahead of the country’s official reopening by mid-October, as Prime Minister Prayut Chan-o has promised -cha on June 16. Speaking after a joint meeting between the Federation of Thai …
Read More »Greensill sent all loans under the government program to companies linked to Gupta
According to documents seen by the Financial Times, every taxpayer-guaranteed loan provided by Greensill Capital under a government program has gone to companies linked to metal tycoon Sanjeev Gupta. Greensill, a once-popular financial start-up that collapsed in March, is at the center of a financial and political scandal, which involved …
Read More »EU warns Lebanese leaders against sanctions over ‘homemade’ crisis
By Dominic Evans BEIRUT – The European Union’s foreign policy chief told Lebanese leaders on Saturday that they were to blame for the country’s political and economic crisis and that some could face sanctions if they continued to hamper measures aimed at form a new government and implement reforms. Speaking …
Read More »Federal government awards $ 1.3 million grant to restore historic Gough Whitlam home in western Sydney
The federal government will contribute $ 1.3 million towards the cost of restoring former Prime Minister Gough Whitlam’s home in Sydney West, turning it into a museum open to the public. Key points: Senior Labor Party members banded together to buy the house for $ 1million The Whitlam family moved …
Read More »Global governance reform needs leadership from the developing world
Author: Editorial Board, ANU The G7 is back. A post-Brexit “Global Britain” has ambitions for an international leadership role and has coordinated a call from the Group of Seven advanced economies for global rule reform. The United States has stopped playing spoilers in international meetings. Leadership and cooperation have been …
Read More »US uses Quad to strengthen critical supply chains
WASHINGTON – The United States will work with the Quadrilateral Security Dialogue countries and the Group of Seven to address supply chain vulnerabilities for semiconductors and other strategic materials, according to a report released Tuesday. US dependence on China for chips and other critical products has raised concerns, especially as …
Read More »The federal government will pay up to $ 5,000 if you make your home more energy efficient
The Government of Canada is launching a new program today that provides Canadians with grants of up to $ 5,000 to pay for energy-efficient home renovations. The Canada Greener Homes Grant program – worth about $ 2.6 billion over seven years – will help homeowners upgrade furnaces, install solar panels …
Read More »Mali cancels the granting of a B2Gold permit to an upstart minor – decree
BAMAKO, May 26 (Reuters) – Malian prime minister overturned a decision to grant an exploration permit previously held by Canadian miner B2Gold to a little-known Malian company before being arrested in a military takeover Monday, according to a decree. The president and acting prime minister of the West African country …
Read More »The loan decree must be transparent
A former finance minister on Monday submitted a petition to the Supreme Administrative Court asking it to revoke cabinet approval for a 700 billion baht loan to tackle the public health crisis in the kingdom. The cabinet recently approved the draft executive decree authorizing the government to borrow an additional …
Read More »Modi is now a visibly diminished PM, he no longer has what he had in abundance these 7 years – luck
Illustration by Ramandeep Kaur | The imprint Text size: A- A + NOTExt week, it will be seven years since Narendra Modi was first sworn in as Prime Minister. A lot can be said about this period, but one point stands out: The three things that in the past derailed …
Read More »Explained: Why did the Modi government increase the DAP grant?
Faced with a possible resumption of protests by farmers – this time over fertilizer prices – the Narendra Modi government on Wednesday announced a 140% increase in the diammonium phosphate subsidy (DAP), from Rs 511 to Rs 1,200 per 50 kg bag. What were the economic and political constraints behind …
Read More »Deputy Prime Minister Grant Robertson sets up new ‘delivery unit’ to ensure government policies are actually implemented
Deputy Prime Minister Grant Robertson will become the informal minister of government delivery, thanks to a newly created ‘implementation unit’ within the powerful Prime Minister and Cabinet Ministry, or DPMC. The move comes after a term of government in which several important plans collapsed during their implementation – including KiwiBuild …
Read More »Only half of the promised ready-to-use work will be delivered
Just over half of the people will be employed in jobs created by the government’s “plug-and-play” infrastructure program after the government reduced the planned jobs created by the program to just 11,740. Before the election, the government had promised that “more than 20,000” jobs would be created by the infrastructure …
Read More »Coronavirus Digest: United States Launches Trade Negotiations on Vaccine Distribution | News | DW
A senior White House official said on Sunday that the United States would begin talks with the World Trade Organization (WTO) on a wider distribution of much-needed coronavirus injections. Washington has been under pressure to suspend patent rules for COVID vaccines as India renewed calls for a temporary waiver to …
Read More »Labor demands disclosure of Covid loans to Greensill for Liberty Steel
Britain’s opposition Labor Party has called on the government to release details of larger loans made under its Covid-19 emergency programs to establish the full extent of borrowing by collapsed financial group Greensill and routed to the owner of Liberty Steel. The Bank of England, which administers the Covid Business …
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