GOVERNMENT

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Oct 30 2024FINANCE

Labour's Plan: Sin Taxes and Budget Moves

Britain's new Labour government is set to increase taxes on 'sin' items like alcohol, cigarettes, and gambling in its upcoming budget. This move is expected to bring in billions of pounds. These industries are often targeted because they're unpopular and won't have many defenders. However, experts w

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Oct 28 2024ENTERTAINMENT

California's Film Boost: Gov. Newsom Wants More Tax Breaks

Governor Gavin Newsom has come up with a new plan to help California's film industry stay strong. He wants to increase the amount of money given as tax credits to movie and TV productions from $330 million to $750 million each year. This could start as early as July 2025, if the state's lawmakers ag

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Oct 26 2024POLITICS

President Biden Apologizes for Boarding School Abuse, Native Americans Demand Action

On Friday, President Joe Biden did something no other sitting U. S. president has ever done: he apologized for the brutal treatment of Indigenous children in boarding schools. For 150 years, the U. S. government took children away from their homes and families, forcing them into schools where they w

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Oct 26 2024HEALTH

Students' Vaccine Clinic Halted Due to OHIP's Budget Cuts

A planned drive-through vaccine clinic by the Frontenac Doctors was abruptly cancelled. Why? The Ontario Health Insurance Plan (OHIP) refused to cover the costs. This isn't the first time OHIP's budget cuts have caused trouble, according to a local doctor. The clinic, organized by medical students,

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Oct 25 2024POLITICS

Bad Gear Sent to Taiwan: GOP Lawmakers React

House Republicans recently sent a letter criticizing two federal agencies for delivering damaged defense equipment to Taiwan. This included moldy body armor and expired ammunition, which cost over $730, 000 to replace. The equipment was exposed to harsh weather conditions due to poor packaging. The

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Oct 25 2024TECHNOLOGY

AI: Biden's Plan to Keep U. S. Ahead

President Biden has a plan to keep the U. S. ahead in the AI race. He wants AI to be safe and trustworthy, and to boost national security. He's worried that if used wrong, AI could threaten our country, help authoritarian governments, and weaken democratic rules. Biden compares AI to big tech breakt

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Oct 23 2024POLITICS

SpaceX's Success: A Clash with Bureaucracy

SpaceX recently made history with its Starship launch and reentry, showcasing American ingenuity. But while Elon Musk's company is breaking boundaries, the U. S. government is busy pursuing it with regulations from seven federal agencies. This isn't just about SpaceX; many U. S. companies are facing

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Oct 22 2024FINANCE

China's Market Boom: Where’s the Smart Money Going?

China's markets have been on a roller coaster lately, with the government rolling out major stimulus plans. From cutting interest rates to boosting bank cash reserves and supporting stock markets, the Chinese government is going all out. The CSI 300 index, which tracks top stocks, has even jumped by

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Oct 22 2024POLITICS

Elon Musk's Trump Gambit: A Shift in Power Dynamics

Elon Musk has proposed a bold move by suggesting that Donald Trump appoint him to lead a government efficiency commission if Trump wins the election. This commission would have the authority to suggest significant spending cuts and regulatory changes across federal agencies. But why is Musk pushing

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Oct 21 2024POLITICS

Moldova's EU Path: A Close Call Amid Controversy

In a nail-biting referendum, Moldova has voted to join the EU by a very narrow margin. With more than 1. 4 million votes counted, 50. 39% supported the "Yes" side. This close outcome is a big deal for Moldova's pro-Western government, especially after a heated campaign filled with claims of voter fr

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