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World Economy Mar 22, 2026

The SBA's Politicization Hurts Small Businesses

The Small Business Administration's new policy of denying loans to non-citizen small business owner…
The recent decision by the Small Business Administration (SBA) to deny loans to small business owners who are not US citizens has raised concerns about the politicization of the agency. Kelly Loeffler, the new administrator of the SBA, announced that the agency would no longer approve loans to small business owners unless they are US citizens, effectively excluding legal immigrants with green cards and full residency from accessing loans.This move has been criticized for being a political decision that harms small businesses and the economy. The SBA's mission is to support small businesses, which are the backbone of the US economy. By denying loans to certain entrepreneurs, the agency is limiting access to capital and hindering the growth of small businesses that could benefit their communities and the country at large.The decision is also seen as a reaction against the Biden administration's efforts to promote diversity and inclusion. Under Biden, the SBA had often featured diverse groups of business owners in its marketing materials, but this new policy seems to be tailoring the message to serve the Trump administration's political agenda.Supporting small businesses should not be a controversial position, and most of the time it is not. However, the SBA's politicization has made it a propaganda tool for the party in power, rather than a neutral agency serving the interests of small businesses.To address this issue, some suggest taking the SBA out of the government and spinning it off into a separate entity, similar to the Manufacturing Extension Partnership or the MITRE Corporation. This entity would be funded by both the government and private industry and would be required to report to Congress through its existing small business committees.The goal of this new entity would be to coordinate government loan guarantees, assist with federal funding, and provide training, counseling, and support to small businesses. This would help to insulate the agency from political cycles and ensure that it serves the interests of small businesses, rather than the interests of the party in power.
#small #businesses #sba
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Technology Mar 22, 2026

Palantir Secures Lucrative UK Contract Amidst Growing Concerns Over Data Privacy and AI Ethics

Palantir, a Miami-based AI and data analytics company, has secured a significant contract with the …
Palantir, a leading AI and data analytics company, has secured a major contract with the UK's Financial Conduct Authority (FCA) to leverage its AI technology for detecting financial wrongdoing. This deal marks a significant expansion of Palantir's presence in the UK, where it has already embedded its technology in the NHS, police, and military. The contract, valued at over £500m, enables Palantir to access terabytes of data gathered by the FCA, providing it with an unparalleled view of the inner workings of British authorities and the City of London, a global financial hub. Campaign groups have expressed concerns over Palantir's work with public authorities, citing its previous involvement with controversial entities such as the US Department of Homeland Security and the Israel Defense Forces. However, the company continues to secure lucrative contracts in the UK. The FCA aims to utilize Palantir's AI technology to better detect signs of wrongdoing, such as money laundering and fraud, which account for approximately 40% of all crimes in the UK. The regulator's workplan for 2025-26 includes expanding the use of data and intelligence to identify and act on high-risk firms and individuals. However, experts warn that the use of AI in detecting financial wrongdoing may lead to new challenges, such as criminals adapting to evade detection by using techniques like invisible 'white text' in documents to instruct AI systems to ignore incriminating information. Prof Michael Levi, an expert in money laundering at Cardiff University, notes that while there are concerns about data privacy, the use of AI technology can also help target corporate holdings and shell companies used for illicit activities.
#palantir #data #use
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World Economy Mar 21, 2026

Liquid Gold Rush: Heating Oil Thefts Escalate in Northern Ireland as Prices Soar

The conflict in Iran has triggered a surge in heating oil thefts across Northern Ireland, where 62%…
In rural Northern Ireland, the unmistakable sight of heating oil tankers making deliveries has become a double-edged sword. While these deliveries provide essential warmth, they also inadvertently mark homes as targets for criminals who monitor these visible supply routes.The decades-long issue of heating oil theft has intensified dramatically following the conflict in the Middle East, which has driven up the price of what locals now call 'liquid gold' to unprecedented levels. 62% of households across Northern Ireland depend on oil for heating, with rural reliance reaching 80%, making the region particularly vulnerable to both price shocks and related criminal activity.Since the US and Israel began attacking Iran on February 28, the cost of heating oil has almost doubled to approximately £1,000 for 900 litres. This price surge has transformed what was once a nuisance crime into a serious financial threat for many families.'Rural homes and farms are increasingly being targeted by opportunistic thieves,' said Gary McCartney, regional director of Countryside Alliance Ireland. 'A tank can be drained in minutes.'The consequences extend beyond financial loss. Gareth Kelly and Aimee Leigh Brolly, a couple in Limavady, County Derry, recently woke to choking fumes from an oil line severed by thieves, forcing them to vacate their home with their newborn son due to safety concerns.Police have issued security recommendations, including high-quality padlocks, motion-sensor lighting, and oil-level detection alarms. 'Long term, use fencing or prickly hedging to keep your tank out of sight from the road,' authorities suggest.Experts describe the phenomenon as opportunistic rather than organized crime. 'To call it organised crime is a stretch. This is low level,' said Jonny Byrne, a criminology lecturer at Ulster University. A former police officer agreed, noting that while organized crime groups might eventually become involved, 'it is more opportunistic than organised' at present.The Rural Community Network believes theft is significantly underreported, especially in isolated areas. 'Theft is more noticeable when prices are high,' said CEO Kate Clifford. 'Oil is like liquid gold. It's highly valuable and easy to steal.'This pattern mirrors similar spikes during Russia's invasion of Ukraine in 2022, when the Rural Community Network itself lost £1,700 worth of fuel to thieves who went undetected for an extended period.
#oil #heating #rural
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Uk News Mar 19, 2026

UN's Next Moves Spark Trepidation Among Women's Rights Advocates

The UN's proposal to merge two agencies, UN Women and UNFPA, has raised concerns among feminist gro…
The recent pronouncement by a judge in Afghanistan, stating 'a few beatings won't kill you,' when rejecting a woman's divorce request from her abusive husband, highlights the dire situation for women under Taliban rule. This barbaric stance is not isolated but part of a broader global pushback against women's rights.The Heritage Foundation, architect of Project 2025, has published a report advocating for a deeply patriarchal model that encourages women to have more babies earlier in life and discourages further education and careers. This vision aligns with Donald Trump's second term agenda and has sparked concern among women's rights advocates.The proposed UN merger of UN Women and UNFPA has caused alarm among feminist groups. They warn that this consolidation will lead to reduced funding for gender equality programs and give countries like the US, which are hostile to women's rights, more influence over global structures supporting gender equality.UN Secretary General António Guterres noted that the world remains male-dominated, and there are well-funded efforts to maintain this status quo. The UN's next moves will be closely watched, as they have significant implications for women's rights globally.
#women #rights #more
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Global Development Mar 19, 2026

Tanzania Court Quashes Woman's Death Sentence After Over a Decade on Death Row

A Tanzanian court has quashed the conviction and death sentence of Lemi Limbu, a woman with severe …
Lemi Limbu, a woman with severe intellectual disabilities in Tanzania, has had her conviction and death sentence quashed after spending more than a decade in prison awaiting execution. Limbu, now in her early 30s, was convicted of the murder of her daughter in 2015.On 4 March, a court in Shinyanga, northern Tanzania, declared she can appeal. She will face a retrial, but a date has yet to be set. Lawyers and activists have condemned her sentence, saying she should not be in prison at all. Limbu, who remains incarcerated, is a survivor of brutal and repeated sexual and domestic violence and has the developmental age of a child.Under Tanzanian and international law, Limbu should not be held criminally liable, given her intellectual disability. “She was not supposed to be in prison in the first place,” said Anna Henga, executive director of Legal and Human Rights Centre, a Tanzanian human rights advocacy organisation.At her first trial, Limbu pleaded not guilty. Unable to read or write, she said she did not know the contents of a statement that police claimed she had made admitting to the murder. Her original conviction in 2015 was nullified in 2019 due to procedural errors. In 2022, she was retried and sentenced to death a second time.The court did not allow evidence to be heard from medical professionals about her intellectual disabilities or history of abuse. A clinical psychologist who evaluated her had concluded she had a severe intellectual disability and the developmental age of a 10-year-old child or younger.A coalition of 24 African and international human rights groups last year condemned Limbu’s sentence as part of an appeal to the African court on human and peoples’ rights to look at the plight of women on death row throughout Africa. In Tanzania, the death penalty is the mandatory sentence for murder, although no executions have been carried out since 1995.
#she #her #limbu
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Commentisfree Mar 18, 2026

Revisiting the K-Pop Obsession: BTS's New Album and a Nostalgic Comeback

The author reflects on their past obsession with K-pop, particularly BTS, and how it helped them co…
The announcement of BTS's comeback album has transported me back to a bygone era, one marked by all-consuming passion and a dash of secrecy. As a teenager, I was deeply invested in K-pop, particularly BTS, but I often found myself hiding this obsession from peers due to fear of ridicule. In those days, it was uncommon for groups of girls to openly discuss or watch new music videos from popular K-pop bands like BTS or One Direction. We'd often gather in private settings, like late-night Skype calls or in the back of a classroom, to share and enjoy our favorite content. This clandestine nature of fandom was partly due to the stigma attached to being a 'fan girl.' The author recalls feeling self-conscious about their enthusiasm and downplaying it to avoid being labeled as 'crazy' or 'obsessed.' This behavior was not unique; many teenage girls have similar experiences, often softening their passions to fit in or avoid criticism. The question remains: why is it that displaying genuine emotion is frequently misconstrued as unhealthy dependence? Looking back, the author feels a sense of protection and softness towards their younger self, who found solace, connection, and belonging through BTS's music and universe. During a particularly challenging time, when the author moved to Melbourne alone at 17, BTS's extensive content provided comfort and something to look forward to. This period of intense fandom ultimately helped the author make meaningful connections and discover creative outlets like writing. The experience was pivotal in their personal development, offering a safe space to express themselves and explore their creativity through fan art, fan fiction, and more. With the release of BTS's new album, Arirang, and a world tour on the horizon, the author is eager to revisit their teenage self, embracing the excitement and joy that comes with being a fan. This nostalgia-tinged comeback is not just about the music; it's about reconnecting with a part of themselves that they had set aside.
#bts #new #back
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