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Stop spending billions on subsidies; establish a plan to end …

Elon Musk’s SpaceX wants the Federal Communications Commission to consider ending a $4.5 billion fund that subsidizes voice and broadband in rural areas. In a letter to FCC, Spacex argues that the satellite internet company has solved the connectivity gap by offering fast speeds at competitive rates. “The Commission’s universal service programs must adapt to…

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Govt: Capex, developmental spending, subsidies to go on as planned

NEW DELHI: Govt Wednesday said it is going ahead with planned capital expenditure, developmental spend and subsidy payments, and no budget cuts were planned. Days after PM Narendra Modi’s calls for reducing non-essential spends such as overseas weddings, fuel consumption and fertiliser use, officials argued there was no plan for “austerity”, which usually suggests budget…

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Healthcare shock for Americans! Medical insurance subsidies expired; millions stuck with hiked premiums

Millions of Americans face higher healthcare costs as enhanced Affordable Care Act tax credits expired on January 1, 2026, despite efforts from both Republicans and Democrats to find a solution. The expiration affects over 20 million people who rely on these subsidies, with average premium costs more than doubling for most enrollees.The subsidies were part…

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Trade dispute: China seeks WTO consultations with India over ICT tariffs; flags solar subsidies

China on Friday requested consultations with India at the World Trade Organisation (WTO), challenging New Delhi’s tariffs on information and communication technology (ICT) products and subsidy measures in the solar sector, according to PTI.In a statement, China’s Ministry of Commerce said India’s measures allegedly violate multiple WTO obligations, including the principle of national treatment, and…

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Republicans plan to let Obamacare subsidies lapse, threatening coverage for 24 million Americans

US House Speaker Mike Johnson said the House of Representatives would not vote to extend the enhanced tax credits for Obamacare, leaving more than 22 million Americans at risk of losing their health insurance. He added that instead the GOP planned to introduce its own health care legislation, as Senate Republicans prepared to vote on…

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‘They are killing white people’: Donald Trump bars South Africa from G20 in Miami; stops all US subsidies to the African nation

Cyril Ramaphosa and Donald Trump (ANI image) US President Donald Trump on Wednesday announced that South Africa will not be invited to the 2026 G20 Summit, accusing the government of ignoring human rights abuses. He claimed white communities in the country were being targeted under state policies.In a post on Truth Social, Trump wrote: “At…

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