Commentary A sensible family or business uses good times to prepare for the future. Maybe the roof to the house or building needs to be replaced, preventing future leaks while increasing equity. Maybe a savings account is padded to prepare for future contingencies. Unfortunately, such a mindset still does not prevail in the California budget…
Funding Boost for Allergic Diseases and Anaphylaxis Research in Australia
The Australian government has allocated $26.9 million in the 2022-23 Budget to back research to better prevent and treat allergic diseases and anaphylaxis. Of the funding, $16.6 million will go to the Australasian Society of Clinical Immunology and Allergy (ASCIA) and Anaphylaxis Australia to jointly set up a National Allergy Council (NAC). Health Minister Greg Hunt…
Proposed Defense Budget Puts US at ‘Real Risk’: Sen. Collins
May 4, 2022
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The Biden administration’s proposed defense budget for FY23 would place the United States in a weakened position in the event of conflict with China, according to one senator, who questioned the Pentagon’s desire to reduce the Navy by more ships than it could replace. “There’s real risk in relying on capabilities that won’t be ready…
US Military Spending Does Not Match Strategic Needs: Rep. Rogers
May 2, 2022
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U.S. military spending does not currently match the Biden administration’s defense strategy, according to Rep. Mike Rogers (R-Ala.). “It really doesn’t matter what the defense strategy is if you don’t have robust spending,” Rogers said. “The fact is that we are in the early stages of a transformation of our military modernization process that is…
US Military Spending Doesn’t Match Strategic Needs: Rep. Rogers
May 2, 2022
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budgetChinaChinese RegimeInternational RelationsmilitaryNational SecuritystrategyThreat from Communist ChinaUSUS-China relations
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U.S. military spending doesn’t currently match the Biden administration’s defense strategy, according to the ranking Republican member of the House Armed Services Committee. “It really doesn’t matter what the defense strategy is if you don’t have robust spending,” Rep. Mike Rogers (R-Ala.) said. “The fact is that we are in the early stages of a…
Students Overlooked Again in Ontario Budget as Election Looms
There was scant relief for young people in a pre-election Ontario budget thick with promised spending on highways and mining projects The last provincial budget before Premier Doug Ford’s government faces Ontario voters this summer proposes to make degree qualifications available from colleges and eliminate a rebate for international students whose fees help prop up…
Granholm Grilled On Budget, ‘Anti-Fossil Fuels’ Stance
April 28, 2022
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In separate hearings on April 28, U.S. Energy Secretary Jennifer Granholm was questioned on her department’s proposed 2023 budget by the House Committee on Energy and Commerce and the House Appropriations Committee’s energy subcommittee. At $48.2 billion, the budget would increase by 21.7 percent from the enacted level in 2021. It would provide $2.1 billion…
Russia Flags Further Rate Cut, More Budget Spending
April 18, 2022
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Russia on Monday flagged a likely further cut in interest rates and more budget spending to help the economy adapt to western sanctions. Russia faces soaring inflation and capital flight while grappling with a possible debt default after the West imposed unprecedented sanctions to punish President Vladimir Putin for sending tens of thousands of troops…
The Most Romantic Money Moves You Can Make
For some people, talking about money is as pleasurable a way to spend time together as going for a long walk on the beach. “I am a money nerd, so to me, talking about money is super fun, and I’ve paired up with someone who is the same,” says Kate Fries, a certified financial planner…
Liberals’ Budget Signals Shift to Soon Let Labour Groups Launch Trade Challenges
OTTAWA—One of the country’s largest unions says a small change promised in the federal budget could leave a large impact on efforts to prevent Canada from being flooded with cheap goods that threaten domestic industries. Once the legislative changes are made, labour groups like the United Steelworkers union can launch trade challenges without the need…
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