Defying protesters, Argentina’s Milei shoots down university funding plan | Business and Economy News

Defying protesters, Argentina’s Milei shoots down university funding plan | Business and Economy News

Milei vetoed a law that would guarantee funding for free public universities, angering students and educators. Argentina’s President Javier Milei has followed through on his threat to slash university funding, despite an uproar by students and educators. Millei officially vetoed a law that would guarantee more funding to Argentina’s university…

PM Barnier tells parliament France must trim its ‘colossal’ debt | Politics News

PM Barnier tells parliament France must trim its ‘colossal’ debt | Politics News

New French PM promises ‘targeted tax hikes’ and spending cuts in order to cut budget deficit, national debt. France’s new Prime Minister Michel Barnier has outlined the policy programme of his new government, seeking to shore up its fragile position just three weeks after taking office. In his first policy…

Russia to hike defence spending by a quarter in 2025 | Business and Economy News

Russia to hike defence spending by a quarter in 2025 | Business and Economy News

Russia is hiking state spending on national defence by a quarter in 2025 to 6.3 percent of gross domestic product (GDP), the highest level since the Cold War, according to draft budget documents. Defence spending will rise to 13.5 trillion roubles ($145bn) in 2025, the fourth year of what Russia…

What is the legacy of Mexican President Andres Manuel Lopez Obrador? | Andres Manuel Lopez Obrador News

What is the legacy of Mexican President Andres Manuel Lopez Obrador? | Andres Manuel Lopez Obrador News

As Andres Manuel Lopez Obrador nears the final hours of his presidency, a debate is already raging over the legacy that the Mexican leader, widely known as AMLO, is leaving behind. Limited to a single six-year term by Mexico’s Constitution, AMLO will leave office on Monday with an approval rating that…

Real winners of Sri Lanka’s election: A people emboldened to force change | Politics

Real winners of Sri Lanka’s election: A people emboldened to force change | Politics

Colombo, Sri Lanka — Transport a Sri Lankan citizen from the early 1990s to the past week of the island’s politics, and you may just break their brain. Back then, the Janatha Vimukthi Peramuna (JVP), the Marxist outfit that the country’s new president, Anura Kumara Dissanayake, now leads, was reviled…

Sombre mood after a Kolkata rape and murder dampens Durga Puja celebrations | Crime

Sombre mood after a Kolkata rape and murder dampens Durga Puja celebrations | Crime

Kolkata, India: Tapas Pal has been making clay idols of various gods and goddesses for the past two decades at Kumartuli, a traditional potters’ hub in Kolkata in eastern India’s state of West Bengal. The 42-year-old, who makes six-metre (20ft) high idols from unfired clay, told Al Jazeera that he…

IMF approves bn funding agreement for Pakistan | Business and Economy News

IMF approves $7bn funding agreement for Pakistan | Business and Economy News

Approval comes more than two months after international lender and Islamabad said they had agreed on programme. The International Monetary Fund (IMF) has approved a new $7bn loan for cash-strapped Pakistan, authorities said, more than two months after the two sides said they had reached an agreement. Prime Minister Shehbaz…

Trump calls for taking other nations’ companies but lays out few specifics | US Election 2024 News

Trump calls for taking other nations’ companies but lays out few specifics | US Election 2024 News

Donald Trump has pledged not only to stop US businesses from offshoring jobs, but also to take other countries’ jobs and factories in part through huge tariffs that economists say could actually raise domestic prices. Among the ideas the former president pitched in Georgia on Tuesday was cutting the corporate…

Tension in Bolivia as Morales issues 24-hour ultimatum to Arce government | Protests News

Tension in Bolivia as Morales issues 24-hour ultimatum to Arce government | Protests News

Anti-government protesters have clashed with supporters of President Luis Arce in Bolivia’s capital, La Paz, as fears grow of further unrest in the Andean nation mired in an economic crisis ahead of next year’s presidential election. Riot police and supporters of Arce gathered to defend the government on Monday evening…

Marxist-leaning Dissanayake wins Sri Lanka’s election: What’s next? | Elections News

Marxist-leaning Dissanayake wins Sri Lanka’s election: What’s next? | Elections News

Marxist-leaning Anura Kumara Dissanayake has taken office as Sri Lanka’s president shortly after winning the country’s election. Dissanayake, who was sworn in on Monday after winning Saturday’s polls, has inherited the top job in a nation battered by austerity measures imposed as a part of a bailout deal with the…