The US House of Representatives, with a Republican majority, approved a $14.5 billion military aid bill for Israel. The bill succeeded with 226 votes in favor and 196 against. Mike Johnson, the Republican House Speaker, emphasized the bill’s crucial role in equipping Israel with advanced defense systems, including the Iron Dome. The bill now moves […]
Related Posts
Lula Slams U.S. Inquiry into Brazil’s Fighter Jet Deal, Sparking Diplomatic Tension
President Luiz Inácio Lula da Silva has strongly criticized the United States for its recent actions regarding Brazil’s fighter jet purchase. The controversy centers around a 2014 deal between Brazil and Swedish manufacturer Saab for 36 Gripen fighter jets. This agreement, valued at R$30.24 billion ($5.4 billion), aimed to modernize Brazil’s air defense capabilities. The […]
Brazil’s Bold Plan: Taxing the Rich to Ease the Middle Class
The Brazilian government has unveiled a daring plan to reshape its tax system. President Luiz Inácio Lula da Silva aims to fulfill a key campaign promise. He wants to exempt workers earning up to R$5,000 ($1,000) per month from income tax. This move would significantly impact millions of middle-class Brazilians. Currently, the income tax exemption […]
BlackRock’s $11.5 Trillion Milestone: Dominating Global Asset Management
BlackRock, the world’s leading asset manager, has achieved an extraordinary milestone. The company now oversees $11.5 trillion in assets under management, marking its third consecutive quarter of record-breaking growth. This success stems from favorable market conditions and strategic positioning. The S&P 500 index climbed 5.4% in the third quarter of 2024, while the MSCI World […]