Category: Current Affairs
Donald Trump and His Truth Social Payout
What Happened? On Monday, Trump will be due to pay $454 Million as a bond to the state of New York. A New York state judge, Arthur Engoron, claimed Trump inflated his assets and properties on financial statements to banks and insurers to get better loans, paying less interest. Despite this, he has paid back…
Corruption in BJP Electoral Bonds causes Huge Scandal
What are Electoral Bonds? Electoral bonds are ways in which members of the public can anonymously donate money to political parties. However, the BJP is under scrutiny for allowing the sale of electoral bonds only a few months before India’s election. Why is the BJP under fire? The BJP (the ruling political party in India)…
Goldman Sachs: The Gender Disparity Problem
Goldman Sachs, a well-known leading global investment firm worth around $126 billion, has seen recent outward success. However, internal bitterness within the firm has become more and more apparent. Many women continue to quit their jobs there under the claims of unequal pay bias towards men and little scope for getting a higher-ranking job. Goldman…
The 3 Big changes in the Spring Budget
On Wednesday the 6th of March, Jeremy Hunt announced in Parliament what the Spring Budget will contain. This is expected to be the final budget ahead of an expected summer general election. Taxation The National Insurance tax will be reduced by 2%, on top of the 1% cut in the Autumn statement, for both employees…
India: Fastest Growing Economy in 2024
In the final three months of 2023, India’s GDP increased by a staggering 8.4%, going over and beyond analyst’s predictions of 6.6%. This places India as the fifth largest economy globally, with a GDP of $4.113 trillion. By 2027 they are set to rise to third place, overtaking Germany and Japan, who currently have GDPs…
Spring Budget 2024- What to Expect?
On the 6th of March 2024, UK Chancellor Jeremy Hunt is set to give an announcement regarding the UK’s financial plans and changes. After looking through various verified sources, finding the most common predictions for what Jeremy will announce, and making sure other sources also corroborate their claims, here is a summary of what we…
