Prominent Economist Recognized by Trump Cautions That 25% Tariffs Could Cause ‘Irreparable Damage’ to U.S. Automakers
Noted economist honored by Trump warns that 25% tariffs risk ‘irreparable damage’ to US automakers WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle, adding that the proposed taxes could weaken the ability of […]
Federal Election Commission Closes Case on Ted Cruz Over Alleged Campaign Finance Law Violation
Federal Election Commission dismisses complaint that Ted Cruz violated campaign finance law article US Senator Ted Cruz (R-TX) speaks during the annual Conservative Political Action Conference (CPAC) at the Gaylord National Resort & Convention Center at National Harbor in Oxon Hill, Maryland, on February 20, 2025. (Photo by SAUL LOEB / AFP) WASHINGTON – The […]
Proposed Legislation to Increase Oil and Gas Royalty Rates on Future Leases | Local News
Bill to hike top oil and gas royalty rates on future leases introduced | Local News The upcoming 60-day legislative session will likely see renewed debate over raising the top royalty rate for oil and gas development on state land. Sen. George Munoz (D-Gallup) pre-filed a bill Friday to increase the cap on royalty rates […]
Expectations of the Oil and Gas Industry from Trump
What the Oil and Gas Industry Expects from Trump The new rules — essentially just a list of items allowed in that five-foot zone — were due two years ago, by January 1, 2023. But the California Natural Resources Agency, which is drafting the rules for the State Board of Forestry and Fire Protection to […]
CEO of Thomson Reuters predicts how AI will be impacted by upcoming changes in U.S. policy
Thomson Reuters CEO: With changes to U.S. policy likely, here’s what to expect for AI in business and government Now that the results of the U.S. presidential election and Senate and House races are known, the Trump administration is widely expected to rescind the Biden executive order on artificial intelligence (AI). As the drumbeat of […]
Minister: Germany’s 2025 Budget Unlikely to Be Released Before Election
Germany 2025 Budget Unlikely Before Election: Minister Text size Germany’s government is unlikely to pass a 2025 budget before a snap election expected on February 23, newly appointed Finance Minister Joerg Kukies said Tuesday. “It is not realistic that the new federal budget for 2025 will be passed” before the general election, Kukies said at […]
Former Banker and Scholz Associate: Germany’s New Finance Minister
Ex-banker And Scholz Ally: Germany’s New Finance Minister Text size Joerg Kukies, Germany’s new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz’s closest advisers, most recently as a state secretary. The German leader first brought Kukies into the corridors of power in Berlin in 2018, when Scholz […]
UAE Launches Annual Oil and Gas Summit, Promises to Boost Production Despite Declining Prices
The UAE opens its annual oil-and-gas summit, pledging to increase output even as prices have fallen ABU DHABI, United Arab Emirates (AP) — The United Arab Emirates opened its annual oil-and-gas summit on Monday with pledges to increase energy output even as global prices have fallen and world politics remain uncertain ahead of the U.S. […]
British fintech founder relocates to U.S.: U.K. tech industry lacking ambition, not taxed
British fintech founder who moved to U.S.: U.K. tech’s problem isn’t taxes—it’s ambition When a government announces tax hikes and entrepreneurs celebrate, you know something’s deeply wrong. Yet that’s exactly what happened in Britain this week, as tech founders cheered Labour’s “modest” increase in capital gains tax—simply because they’d feared worse. It’s like watching passengers […]
UN report warns that Big Tech and rich nations are taking over AI development
AI development is being hijacked by Big Tech and rich nations, UN report warns Artificial Intelligence (AI) is often regarded as the modern-day equivalent of electricity, powering countless human interactions daily. However, startups and developing nations face a clear disadvantage as Big Tech companies and richer nations dominate the field, especially when it comes to […]