July 8, 2025
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After raising $600 million in political donations, Donald Trump eyes $1 billion war chest for midterms

Donald Trump may no longer be able to run again, but that hasn’t stopped him from dominating the political fundraising game. The US president has already raised at least $600 million for his political causes, with a goal of reaching $1 billion ahead of the midterm elections next year, according to sources quoted by the […]

What Is Donald Trump’s $175 billion ‘Golden Dome’ missile defense plan

President Donald Trump speaks in the Oval Office of the White House about Golden Dome (AP) President Donald Trump has unveiled an ambitious missile defense initiative named the “Golden Dome,” aimed at safeguarding the United States from advanced missile threats, including ballistic, cruise, and hypersonic missiles.Drawing inspiration from Israel’s Iron Dome, the Golden Dome is […]

IMF approves $1 billion disbursement to Pakistan despite India’s warning over terror funding

The International Monetary Fund (IMF) on Friday approved the immediate disbursement of $1 billion to Pakistan under the ongoing Extended Fund Facility (EFF), drawing sharp opposition from India, which warned the funds could be misused to support state-sponsored cross-border terrorism.The approval came during a board meeting in Washington, where the IMF also reviewed a proposed […]

Long-haul carrier Emirates reports record annual profit of $5.2 billion

Dubai International airport (File Photo AP) DUBAI: Long-haul carrier Emirates reported on Thursday that it earned annual profits of USD 5.2 billion, making it one of the world’s most-profitable airlines. The Dubai-based carrier served 53.7 million passengers out of its hub of Dubai International Airport, compared to 51.9 million passengers in the fiscal year prior. […]

17 states sue Trump administration over withholding $3.3 billion Electric Vehicle infrastructure money

Seventeen US states are taking legal action against President Donald Trump’s administration, accusing it of unlawfully withholding billions of dollars meant for building electric vehicle (EV) charging infrastructure, reported AFP.The lawsuit, announced on Wednesday, claims the federal government has no authority to stop states from using funds already allocated by Congress. The funding — $5 […]

US cracks down on North Korea-linked Cambodian firm behind $4 Billion romance scam ring

Representative Image (Denny generated AI Image) A North Korea-linked Cambodian organisation has fraudulently obtained billions of dollars from US citizens through romance scams and cyber theft since August 2021, according to federal authorities’ Thursday announcement of enforcement measures.Huione Group, an online marketplace, has facilitated North Korean and other criminal organisations in defrauding people through social […]

‘Unlawful’: Harvard University files lawsuit to halt $2.2 billion funding freeze by Trump administration

The Trump administration has been engaged in an escalating back-and-forth with the university over its refusal to heed the White House’s demands in exchange for federal funding Harvard University announced on Monday it has filed a lawsuit to stop the administration of US President Donald Trump from blocking its federal funding of more than $2.2 […]

Canada elections 2025: Mark Carney’s Liberals outline $130 billion spending on defence, housing, tax cuts

Canada PM and Liberal Party leader Mark Carney Canada’s prime minister Mark Carney on Saturday unveiled the Liberal Party’s “platform” (election manifesto) for the federal election scheduled for April 28. Also Read | Canada elections 2025 explained: Who’s running, who can vote, what to watch and why it matters“In a crisis, you need a plan. […]

‘A disgrace’: Donald Trump targets Harvard university amid $2.2 billion funding freeze

Trump calls Harvard University ‘a disgrace’ US President Donald Trump intensified his administration’s ongoing clash with Harvard University on Thursday, labeling the Ivy League institution “a disgrace” as federal agencies take unprecedented steps against its funding, tax status, and ability to host international students.Speaking to reporters outside the White House, Trump delivered a scathing rebuke […]