Climate change is not just about the environment. It's also about money. More extreme weather events are happening. These events cost a lot of money. The tools used to manage these risks are outdated. They were designed for a time when weather patterns were more stable. The financial world is beginning to notice this issue. Investors, regulators, and governments nee...
Russia's government has decided to ease up on a planned tax increase for small businesses. This change comes after a lot of pushback from business owners who were worried about the impact. Initially, the plan was to make businesses with revenues between 10 million and 250 million roubles pay a 5% value-added tax (VAT) starting in 2026. But now, the government has adj...
Climate change is making weather disasters more frequent and intense. Since 1980, the U. S. has seen over 400 weather events costing over $1 billion each. The total damage? A staggering $3. 1 trillion. Hurricane Helene alone caused $81 million in damages in Augusta. The city had to clear 4. 5 million cubic yards of debris. That's a lot of cleanup! Climate change is ...
The U. S. President has been pressuring Republican senators to scrap the filibuster rule. This rule requires 60 out of 100 senators to agree on most laws. The President thinks this change would help end the ongoing government shutdown, which is now the longest in history. At a recent meeting, the President urged senators to make this change. He believes it's a big m...
Golden Camel, a sports betting platform, has just opened a new Content Hub in Tempe, Arizona. This isn't just an office; it's a place where they plan to make shows, podcasts, and host events. The goal? To make betting on sports more fun and social. The hub will be the home of Golden Camel's weekly podcast. Expect to see sports stars, experts, and creators hanging ou...
A big boss is taking President Trump to the Supreme Court. His company is struggling because of new taxes on imports. Rick Woldenberg, the CEO of Learning Resources, says these taxes are hurting his business badly. He thinks the taxes are not legal. He wants the court to stop them. Woldenberg says the taxes are like a huge, unexpected bill. In 2024, his company didn...
Europe's energy policies are like a big puzzle. Each piece, like climate rules or energy costs, affects the economy in different ways. For example, stricter climate rules can boost new green tech, but they can also make energy more expensive. This can slow down economic growth and raise unemployment rates. Energy prices are a big deal. They can either help or hurt r...
Trump's approach to trade with China has been a bit of a rollercoaster. He's been trying to use tariffs to get China to cut down on exports to the U. S. But it's been a bumpy ride, with not much to show for it yet. Let's talk about leverage. In the world of politics, it's all about having power over others. Trump has tried to use this power in different situations. ...
Vietnam's charming town of Hoi An is slowly getting back on its feet after recent floods caused quite a mess. The streets, usually filled with tourists, are starting to see visitors again. But it's not all smooth sailing yet. Many shops and hotels are still cleaning up, trying to get ready for the busy travel season ahead. The floods were no joke. They submerged the...
The government shutdown is causing more and more worry among Americans. Many people think Congress isn't even trying to fix the problem. This worry is especially strong among those with lower incomes, who are more concerned about how the shutdown will affect them personally. Politically, no one seems to be winning. Democrats, Republicans, and President Trump are all...