Trump tariff trial: What happens if US duties are struck down? Traders ‘worried’ for $150 billion refunds possibility

[ad_1] The ongoing Supreme Court trial on US President Donald Trump’s use of emergency powers to impose global tariffs has left companies, customs brokers and trade lawyers preparing for a potentially prolonged battle over refunds that could total close to $150 billion. The court is expected to issue rulings on Friday, though it has not […]

Saudi Finance Minister approves SR217 ($57.9) billion borrowing plan for 2026 | World News

[ad_1] Saudi Arabia approves SR217 billion 2026 borrowing plan to fund deficit and debt repayments/Representative Image Saudi Arabia is laying out its financing roadmap for the year ahead. With a sizeable budget deficit forecast and major debt repayments due, the Kingdom has approved a detailed borrowing plan for 2026 that aims to balance funding needs […]

‘Vivek’s net worth is $1.8 billion’: Row over Ramaswamy promising to ‘put money back in citizens’ pockets’ if elected Ohio governor

[ad_1] Vivek Ramaswamy stirred a row over his Ohio governor bid after promising to “put money back in the pockets of American citizens” to tackle the state’s affordability crisis, despite his personal net worth of over $1.8 billion, according to Forbes.The Indian‑origin businessman and former DOGE executive said that Ohio needs to stop feeding the […]

UN Begins 2026 with $3.45 Billion Budget Cut and 19% Job Reduction

[ad_1] United Nations, 1 January. The United Nations, the world’s largest international organization, is currently facing a severe financial crisis. As a result, it has started 2026 with a reduced budget of $3.45 billion and a 19 percent cut in jobs. The UN General Assembly approved the budget based on the proposal by Secretary-General Antonio […]

‘Canadians are dying’: Mark Carney’s $2.5 billion aid to Ukraine draws backlash online

[ad_1] On Saturday, Canadian Prime Minister Mark Carney announced an additional $2.5 billion in economic assistance for Ukraine. The move has been positioned as a part of the wider international efforts to support the war-torn country. Carney said the funding would help provide more international financing at a critical moment in the conflict, when speaking […]

California’s tech exodus: Entrepreneur warns of a deeper political crisis as tax losses ‘hit $200 billion’ | World News

[ad_1] Entrepreneur and investor Chamath Palihapitiya has warned that California is facing a deepening political and fiscal crisis as major founders and companies continue to leave the state. In a widely circulated post, Palihapitiya argued that the departures have already cost California tens of billions of dollars in lost tax revenue, with the total potentially […]

FedEx questioned for hiring hundreds of H-1B workers while firing US staff after $2.24 billion federal contract: ‘Our strategy is…’

[ad_1] American company FedEx has come under fire after a multibillion-dollar federal delivery contract coincided with a sharp increase in the company’s hiring of foreign workers, even as it cut hundreds of US jobs across multiple states.In December 2022, the US Transportation Command awarded FedEx a contract worth $2.24 billion for the Next Generation Delivery […]

Elon Musk’s net worth: The world’s richest man becomes the first ever with $600 billion worth amid SpaceX’s valuation surge | World News

[ad_1] Elon Musk has reached a historical financial milestone, as he has become the first-ever person to ever achieve a net worth that surpasses the whopping figure of $600 billion, as reported in Forbes magazine. This milestone has been achieved during a time when there is newfound interest in his privately owned rocket company, SpaceX, […]

IMF slaps Pakistan with 11 more conditions! $7 billion bailout on line; total regulations stand at 64

[ad_1] The International Monetary Fund hit Pakistan with 11 fresh conditions, linked to its $7-billion bailout programme. The latest directives, revealed in the Fund’s staff-level report for the second review released on Thursday, push the total number of conditions to 64 across the span of 18 months, according to the Express Tribune.The new measures target […]

Peak philanthropy: Jeff Bezos’ ex-wife MacKenzie Scott donates $7 billion in a single year | World News

[ad_1] MacKenzie Scott has revealed that she donated nearly $7.2 billion in 2025, according to an updated post on her Yield Giving platform. The disclosure brings her total lifetime contributions to more than $26 billion. Her latest update includes 225 new grants across education, climate work and community support, continuing her pattern of providing large, […]