Tag: Politics
US Mishap Could Have Sent $293M to the Taliban: Here’s Why
According to a letter from the Special Inspector General for Afghanistan Reconstruction (SIGAR), of the $2.8 billion international aid sent by the US to Afghanistan after the withdrawal of US troops in 2021, approximately $293 million remains unaccounted for. The SIGAR implied that much of this may have been pre-empted by the Taliban. This is…
Labour Uncover £22B Nightmare left behind by Conservatives
Newly appointed Chancellor of Exchequer Rachel Reeves disclosed a £22B ‘spending-hole’ left behind by the Conservative government, following their electoral defeat to Labour on July 4th. The overspend was discovered during the first financial audit under Reeves’ governance. A frustrating combination of failures to meet various investment pledges, shortfalls in public service demands, and exorbitant…
Rishi Sunak Releases £17B Manifesto: Up to the job?
Rishi Sunak has released a 76-page manifesto detailing present and future policies that the Conservative government intends to implement. The main cause for both approval and dispute was Sunak’s promise for a £17B overall nationwide tax reduction. Key Details The manifesto pledges that National Insurance will reduce from 8% to 6%. The Torys will also…
UK Elections on July 4th: Economic Shifts on the Horizon
UK Elections Recent economic improvement in the UK has driven the announcement of a ‘snap-election’ on July 4th. The uncertainty of the UK economy in the past few years has gradually exhausted the popularity of the conservative party. The announcement of an election in just 2 months shows that the Conservatives are attempting to capitalize on progress…
Sunak’s Election Timing and Political Dynamics:
When is the Election taking place and why then? Rishi Sunak has announced that the UK General Election will take place on July 4th. Rishi Sunak and the Conservative team have been very intentional in the selection of the date, to maximise their chances of winning the election. During the hot summer months, Sunak is relying on the younger Labour voters to…
Biden Administration Proposes 100% Tariffs on Chinese EV Imports
Biden Administration Ramps up Tariffs The Biden administration plans to announce a 100% tariff on Chinese EV imports. This will quadruple the previous tariff rate of 25%. The hike is simply the latest product of the ongoing trade conflict between the US and China. The Biden administration believes that China’s ‘overcapacity’ to manufacture’ is hurting the profitability…
