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World Economy Apr 03, 2026

Trump Unveils $1.5 Trillion Military Spending Request Amid Congressional Budget Talks

President Donald Trump has submitted a budget request for $1.5 trillion in military spending, marki…
President Donald Trump has unveiled a bold budget request, seeking $1.5 trillion for military spending, a nearly 40% increase from the previous year. This ambitious proposal underscores the White House's priorities, emphasizing military strength and law enforcement.The budget request, while not legally binding, sets the stage for intense congressional negotiations. It includes a proposed $455 billion increase over fiscal year 2026, separate from an emergency request of $200 billion for the US-Israeli conflict with Iran.The plan involves significant shifts in funding, with $73 billion in cuts to domestic programs, including initiatives to counter climate change, boost renewable energy, and support equality and access in housing, education, and healthcare. Instead, funding would be redirected to projects such as Trump's Golden Dome missile defense system, critical minerals investment, US shipbuilding, and troop salary increases.Trump's proposal also emphasizes immigration enforcement, calling for continued funding for the Department of Homeland Security and Immigration and Customs Enforcement to support his mass deportation campaign. The request includes a 13% increase for the Department of Justice, focusing on violent crime.The budget plan faces challenges, including a potential deadlock in Congress over funding for ICE and Customs and Border Patrol. The administration suggests passing the budget through a mechanism known as reconciliation, which could be achieved with a simple majority in Congress.The US military expenditure has steadily increased, reaching $997 billion in 2024, according to the Stockholm International Peace Research Institute. The country consistently spends more on its military than the next nine countries combined, raising questions about priorities in defense and domestic spending.
#trump #budget #military
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World Economy Apr 03, 2026

Billionaire fortunes surged under Trump, sparking a nationwide push for wealth‑tax measures

As billionaire wealth hit record levels during the Trump era, a growing coalition of activists, law…
Rising fortunes among the ultra‑rich under the Trump administration have ignited a wave of tax‑reform campaigns across the United States. In California, volunteers like Karen Sanchez are gathering signatures for a one‑time 5% wealth tax targeting the state’s 200‑plus billionaires to offset federal cuts to hospitals, education and food‑assistance programs.At least ten states are exploring similar measures. Washington recently enacted its first income‑tax aimed at roughly 20,000 millionaire households, while Massachusetts and Minnesota already channel wealth‑tax proceeds into preschool, K‑12 meals and transportation infrastructure.On the federal front, Senators Bernie Sanders and Representative Ro Khanna have introduced the “Make Billionaires Pay Their Fair Share Act,” proposing an annual 5% levy on billionaire net worth. Khanna argues that the ultra‑wealthy fund private health insurers, defense contractors and political campaigns, creating a stark fairness gap.Data from Oxfam shows that in the twelve months after Trump’s re‑election, billionaire fortunes grew at a rate three times faster than the average annual growth of the previous five years. Meanwhile, the federal minimum wage has remained stagnant at $7.25 for fifteen years, underscoring the widening economic divide.A Data for Progress poll released last fall found that 70% of Americans believe the economic system favours corporations and the wealthy. “People are angry and want change,” says Amy Hanauer of the Institute on Taxation and Economic Policy (ITEP), noting that activists are leveraging every level of government to seek relief.The movement draws on a two‑decade history of class‑based activism, from the Occupy Wall Street protests to Senator Sanders’ 2016 campaign that foregrounded wealth‑tax proposals. Yet inequality has deepened: CEOs of the five largest U.S. firms now earn, on average, **$52 million** annually—over a thousand times the typical worker’s salary.Political spending by billionaires has also exploded. A recent New York Times analysis reveals that billionaire contributions rose from **0.3% of campaign funds in 2008** to **19% in 2024**, amounting to more than **$3 billion** from roughly 300 ultra‑rich donors, many of whom supported candidates opposing wealth taxes, including former President Donald Trump.The war in Iran has further inflamed resentment, with the United States spending **$11.3 billion** in the first week of bombardment—far exceeding the annual budgets of agencies such as the CDC, EPA and the National Cancer Institute.Local victories are feeding the momentum. New York City’s mayoral race saw Zohran Mamdani win on a platform that includes taxing the rich to fund affordable housing, groceries and transit. Councilmember Chi Ossé led a 1,500‑person march to the state capitol, urging Governor Kathy Hochul to permit a city‑level millionaire tax, a move that now has backing from some state Democrats.Beyond New York, states like Rhode Island, Hawaii, Pennsylvania, Virginia, Illinois and New Mexico are debating various wealth‑tax mechanisms, including the popular “mansion tax” on high‑value home sales. Currently, **17 localities** have adopted such taxes, most passed between 2018 and 2023.California’s gubernatorial race has become a flashpoint. Billionaire‑backed candidates Matt Mahan and Tom Steyer are vying to replace Governor Gavin Newsom, with the tech elite—such as Sergey Brin and Joe Lonsdale—pouring money into campaigns opposing the billionaire tax. Of the 30 billionaires who have contributed to the race, **25 supported Mahan**, who has positioned himself as a staunch anti‑tax candidate.For Sanchez, the stakes are personal. The proposed tax seeks to replace **$100 billion** in federal health‑care funding cut by Trump’s “One Big Beautiful Bill Act,” which threatens hospital closures and layoffs in the nation’s fourth‑largest economy. She aims to collect **875,000 signatures** by late June to secure the initiative on the November ballot.“It’s creating a network of groups all working toward a common good,” Sanchez says, reflecting a broader sentiment that collective action could finally translate the public’s demand for fiscal fairness into concrete policy.
#california #seiu #oxfam
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Tech Apr 03, 2026

UKRI mandates sweeping overhaul of Alan Turing Institute, appoints security‑focused chief to pivot AI research toward defence

The UK Research and Innovation (UKRI) body has warned the Alan Turing Institute that its current st…
The UK’s premier AI research centre, the Alan Turing Institute, has been instructed by its chief public funder, UK Research and Innovation (UKRI), to implement significant organisational changes. The directive follows a UKRI review that found the institute’s strategic alignment and value for money "not yet satisfactory".UKRI, which granted the institute a £100 million, five‑year funding package in 2024 and remains its largest single source of finance, said the review highlighted strong scientific foundations but a lack of clear strategic focus and delivery.Last summer, the government signalled that the institute must undergo a strategic overhaul, urging a shift toward defence and national security while downgrading work on health and the environment—previously two of its three core pillars.Leadership turbulence has accelerated the changes. Chief Executive Jean Innes resigned in September after staff unrest, and chair Doug Gurr stepped down this week to take up a permanent role at the UK competition watchdog.UKRI’s AI programme overseer, Prof. Charlotte Deane, stressed that achieving the UK’s AI ambitions requires institutions that are “focused, effective and aligned to national need.” She added that the review recognises the institute’s value but calls for significant change in several areas.To execute the recommendations, UKRI will work with the institute’s newly appointed chief executive, George Williamson, who comes from a government post centred on national security. The plan includes strengthening governance and placing defence and security at the core of the institute’s mission.The Alan Turing Institute collaborates with universities, private firms and government bodies, while UKRI invests £8 billion annually in UK research and innovation. A spokesperson for the institute acknowledged recent improvements in focus and governance but said it must move “faster and further.”“Working with funders and partners, we will be even more ambitious about the role we can play for the UK, and we welcome the confirmation of our clear, single‑purpose mission with national resilience, security and defence at its core,” the institute said.
#UK Research and Innovation #Alan Turing Institute #Artificial Intelligence
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News Apr 03, 2026

US Homeland Security Shutdown Persists Despite Senate Funding Approval

A partial US government shutdown affecting the Department of Homeland Security (DHS) will continue …
The US government shutdown affecting the Department of Homeland Security (DHS) will persist, despite the Senate passing a funding bill. The partial shutdown, which began on February 14, will continue until at least Monday, when the House of Representatives reconvenes.The stalemate centers on whether DHS should reform its immigration procedures, following criticism of President Donald Trump’s mass deportation push. Democrats have refused to pass funding to Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) without reforms to their practices.The shutdown has had several knock-on effects, including airport delays and unpaid workers. DHS, which oversees the Transportation Security Administration (TSA), has seen its airport security agents go without pay for six weeks. With agents calling out sick or leaving their jobs, US airports have reported long lines and widespread travel delays.President Trump has endorsed a plan to fully fund DHS, which involves a two-track approach: passing a bill to fund the department, except for ICE and CBP, and then funding ICE and CBP through separate spending legislation. Trump has also vowed to pay 'all' DHS employees, although details on how this will be achieved are unclear.The shutdown has been politically unpopular, with unions and transportation safety groups criticizing the strain it has placed on workers and airport security. Democrats have sought to leverage the funding bill to press for changes to Trump’s immigration policy, while Republicans have accused them of putting Americans' livelihoods in jeopardy for political gains.
#funding #bill #trump
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News Apr 02, 2026

UN‑backed Gang Suppression Force Deploys First Chadian Troops to Haiti Amid Escalating Gang Violence

The United Nations‑sponsored Gang Suppression Force sent its inaugural contingent of Chadian soldie…
The United Nations‑backed Gang Suppression Force (GSF) announced on Wednesday that its first foreign troops have landed in Haiti, signalling a new phase in the international effort to tame the country’s spiralling gang warfare.An advance team of soldiers from Chad arrived in Port‑au‑Prince, accompanied by Jack Christofides, a South African UN official appointed to lead the mission’s operations on the ground.The deployment is the initial step of a force slated to expand to 5,500 personnel with a 12‑month mandate. The GSF was authorized by the UN Security Council last September as a replacement for the earlier Kenyan‑led multinational security mission, which has struggled with funding shortfalls, insufficient manpower and limited institutional backing.Unlike its predecessor, which was limited to supporting Haitian police, the new force will have the authority to make arrests and conduct direct operations against groups designated as gangs. The concept was first put forward by the United States and Panama to “neutralise, isolate and deter” criminal networks.During the Security Council vote, twelve members voted in favour of the force, while China, Russia and Pakistan abstained. Russia’s representative, Vassily Nebenzia, criticised the plan as “rushed” and warned that its broad language could enable abuses, noting that the mandate permits the use of force against anyone labelled a gang.Haiti’s recent history of foreign intervention adds a layer of sensitivity to the deployment. Past UN peacekeeping missions have been linked to a cholera outbreak that claimed roughly 10,000 lives after the 2010 earthquake, and UN personnel have faced accusations of sexual assault in earlier decades.Gang control has tightened dramatically since the 2021 assassination of President Jovenel Moïse. Analysts estimate that up to 90 % of Port‑au‑Prince is now under gang influence, with around 26 criminal groups operating in the capital. The UN estimates that at least 16,000 people have been killed since 2022 and that more than 1.5 million have been displaced, many facing food insecurity. A recent human‑rights report recorded 5,519 gang‑related deaths and 2,608 injuries between March 2025 and mid‑January 2026, alongside reports of extrajudicial killings and sexual violence.The arrival of the GSF coincides with Haiti’s tentative steps toward a national election scheduled for August, where roughly 300 political parties and groups have registered. Acting Prime Minister Alix Didier Fils‑Aime has recently met with UN officials to discuss the new force’s role in stabilising the country ahead of the vote.
#haiti #gang #force
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News Apr 02, 2026

Hungary's April 12 Election Could Redraw the EU’s Power Balance and Shape Ukraine Aid

The upcoming Hungarian parliamentary vote on April 12 is seen as a decisive test for the EU’s abili…
Europe’s attention is fixed on Hungary’s parliamentary election scheduled for April 12, a contest many analysts view as a litmus test for the bloc’s cohesion on foreign‑policy, defence, energy and migration. Since coming to power, Prime Minister Viktor Orban has consistently blocked EU initiatives: he has refused to join a common asylum framework, opposed a joint defence scheme, resisted the shift toward renewable‑energy independence while still importing Russian hydrocarbons, and vetoed both Ukraine’s accession talks and a proposed €90 billion low‑interest loan package for Kyiv. These actions have made Hungary the most disruptive member state in the Union, prompting observers to argue that the election’s outcome will reverberate far beyond Budapest’s borders. Greek conservative MP Angelos Syrigos warned that the EU is plagued by “fanatically Trump‑like and pro‑Russian” governments, naming Hungary and Slovakia as examples. He told Al Jazeera that the constant threat of an Orban veto forces other capitals to seek ad‑hoc compromises rather than genuine consensus. Opposition leader Peter Magyar of the Tisza party is campaigning on a pro‑European platform, pledging a binding referendum on Ukraine’s membership, a crackdown on corruption, the release of billions in frozen EU funds, and a reversal of Hungary’s withdrawal from the International Criminal Court. Current polls give Tisza roughly 50 % of the vote, a ten‑point lead over the ruling Fidesz, though the political landscape remains fluid. Even a Magyar victory would not automatically resolve the EU’s structural challenges. Other illiberal leaders—such as Slovakia’s Robert Fico and the Czech Republic’s Andrej Babiš—could step into a vacuum of obstructionism. Nevertheless, some scholars argue that Orban’s habit of breaking consensus has forced the Union to become more pragmatic. At a December 2023 summit, EU leaders temporarily excluded Orban to secure unanimous approval of Ukraine’s candidate status, later offering Hungary a €10 billion release of blocked funds as an incentive. Professor Katalin Miklossy of the University of Helsinki explained that the EU has shifted from a rigid, rule‑bound approach to a more flexible, problem‑solving mindset, saying, “We were weak when we clung to the book; now we act more practically.” Should Orban remain in power, the bloc is considering a workaround: issuing 26 bilateral loans to Ukraine from member states, bypassing any single‑country veto. Historical precedent exists. In 2010, when Greece’s debt crisis threatened the euro, EU members created the Greek Loan Facility—an ad‑hoc series of bilateral loans that compensated for the lack of a common rescue fund. Ukrainian President Volodymyr Zelenskyy has warned that delays in funding could leave the Ukrainian army under‑resourced, underscoring the geopolitical stakes of the Hungarian vote. The EU’s inability to move from unanimity to qualified‑majority voting—an ambition thwarted by failed French and Dutch referenda in 2005—has amplified Orban’s leverage. Yet the Union continues to evolve, having launched a common bond in 2020 to revive the pandemic‑hit economy and, since Russia’s 2022 invasion, channeling resources into a nascent European defence union. Orban’s recent reversal on the €90 billion Ukraine loan—after Kyiv refused to repair the Druzhba pipeline damaged by a Russian bomb—illustrates the volatility of his stance. He initially agreed to the loan in December, on the condition that Hungary, Slovakia and the Czech Republic would not be required to co‑sign, only to withdraw support a month later. Even if Magyar secures a parliamentary majority, the promised loan may not materialise immediately. Cambridge‑based expert Victoria Vdovychenko notes that a decision made in December 2025 to disburse funds from January 2026 has already stalled, with the next realistic window possibly in June. Academics stress that a Tisza victory would deliver a psychological boost to the EU and its trans‑Atlantic partners, injecting confidence into a system battling “stealth creep of illiberalism” and economic disenfranchisement. Professor SM Amadae of Cambridge’s Centre for the Study of Existential Risk warned that while a change in Hungary could energise citizens, the entrenched gerrymandering and patronage networks of Fidesz present formidable obstacles to lasting reform. In sum, the April 12 election is more than a domestic contest; it is a pivotal moment that could reshape the EU’s decision‑making architecture, determine the flow of critical aid to Ukraine, and signal the future trajectory of populist politics across Europe.
#ukraine #orban #hungary
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Technology Apr 02, 2026

OpenAI Acquires Tech Talkshow TBPN to Shape AI Narrative

OpenAI has acquired TBPN, a technology-focused talkshow popular among Silicon Valley insiders, to h…
OpenAI, the parent company of ChatGPT, has made a significant move into the media business by acquiring TBPN, a technology-focused talkshow closely watched by Silicon Valley insiders. The show, hosted by John Coogan and Jordi Hays, broadcasts live for three hours every weekday from Los Angeles, featuring guests such as founders, venture capitalists, and major figures in the technology world. The acquisition is part of OpenAI's efforts to engage more authentically with the public at a pivotal moment for artificial intelligence. Fidji Simo, OpenAI's chief of strategy, stated that the company aims to create a space for real, constructive conversation about the changes AI creates. She emphasized that TBPN will continue to run its programming, choose its guests, and make its own editorial decisions, ensuring its credibility is maintained. TBPN is known for its unique ritual where guests announce their latest fundraising haul, accompanied by the hosts banging a gong. The show is broadcast on X, YouTube, and Spotify, and will continue to air daily at its regular time. Coogan expressed his excitement about the acquisition, calling it a 'full circle moment' given his longstanding ties to OpenAI's chief executive, Sam Altman, who funded his first company in 2013. This strategic move comes on the heels of OpenAI closing a $122 billion funding round amid the AI boom, highlighting the company's growing influence and investment in the technology sector.
#openai #tbpn #coogan
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Economy Apr 02, 2026

US Economy in Turmoil: One Year On from Trump's 'Liberation Day' Tariffs

It's been one year since Donald Trump's 'liberation day' tariffs shook the global economy. Experts …
It's been 12 months since Donald Trump's 'liberation day' on April 2, 2025, when the US president introduced tariffs on nearly every country the US did business with. The move sent shockwaves through the global economy, causing chaos in Washington and beyond. Experts say that if Trump had spent the last 14 months on the golf course instead of in the White House, the US economy would be in a better place. The wholesale slashing of government jobs and defunding of US aid agencies had already signaled that Trump was in a hurry to upset institutions he considered profligate or useless. Investors quickly understood that chaos was an essential tool in Trump's armoury. Almost as soon as he was inaugurated, there was a steady decline in the value of the dollar against other currencies. Investors sold assets denominated in dollars and bought assets elsewhere: Europe, Asia, South America. Dario Perkins, the head of global research at the consultancy TS Lombard, said: 'If you think that discouraging investors from buying assets in the US is a victory, then you don’t believe in a growing economy.' He added that Trump's policies had led to a decline in US manufacturing jobs and a growing trade deficit. The data supports Perkins' claims. US companies stopped hiring almost as soon as liberation day was announced. Significant revisions in February to data covering 2025 pushed payroll employment down by 403,000 jobs, resulting in the addition of just 181,000 jobs last year. This small boost is set against the 163 million people who are employed in the US. Russ Mould, the investment director of the British stockbroker AJ Bell, said: 'America is still home to the world’s largest economy and its reserve currency, as well as the globe’s largest equity and bond markets, but investors continue to reassess their exposure one year on from liberation day.' The next few months of steadily increasing confidence levels followed probably the calmest period in the second Trump presidency. But sentiment began to fall again in the autumn as the White House battled with Congress over the federal budget deficit and much of the public sector was shut down. A poll by the University of Michigan showed consumer confidence at a near record low at the end of 2025. A six-month moving average produced by the Conference Board showed every generation, from baby boomers to gen Xers, had lost confidence in the economy over the past year. Trump’s liberation day executive order stated: 'The decline of US manufacturing capacity threatens the US economy in other ways, including through the loss of manufacturing jobs.' However, the US manufacturing sector shed 100,000 jobs between January 2025 and March 2026. The ratio of manufacturing workers to total nonfarm employment fell to the lowest point since 1939. Bryan Riley, the director of the National Taxpayers Union Foundation’s free trade initiative, said: 'One year after liberation day, the evidence is in. Tariffs failed even by the Trump administration’s own terms. They did not shrink the trade deficit, did not revitalise manufacturing and did not help farmers. It would be a mistake to replace one set of failed tariffs with another.' Some major US companies have redirected their investments to Europe, but China has proved to be one of the main beneficiaries. In the year to February 2026, China’s industrial profits increased by 15.2%. It's a boom that Beijing will struggle to repeat should Chinese companies face fuel and energy shortages and price hikes. But the decline of two major powers can only be to China’s gain.
#Donald Trump #tariffs #US manufacturing jobs
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Sport Apr 02, 2026

Tackling England's Highest Inactivity Levels: Black Country Volunteers Lead the Charge

The Black Country in England faces the highest levels of physical inactivity, with over a third of …
The Black Country, a region in the West Midlands, is grappling with the highest levels of physical inactivity in England. With 1.2 million residents, it is one of the poorest parts of the country, and the statistics are stark: 28.4% of adults in the West Midlands are physically inactive, with some areas like Sandwell and Walsall recording even higher rates of inactivity.However, local volunteers and organizations are taking proactive steps to address this issue. Kelvin Gilkes, founder of the Pendeford Community Bike Hub, is working to encourage people to get active through cycling. His initiative not only provides a space for people to repair and ride bicycles but also aims to expand horizons and promote physical activity among community members.Another initiative is led by Tracy Tromans, who runs a weekly walking group through Leasowes park in Halesowen. Her group focuses on friendship and being aware of everyone's limitations, gently encouraging people to leave their homes and get moving. Nadia Inglis, director of public health for Walsall, emphasizes the benefits of physical activity, including lowering the risk of chronic conditions and improving mental wellbeing.Organizations like Sport England and Active Black Country are also playing a crucial role in supporting local initiatives. They are funding networks of 'place-based' Active Partnerships to improve physical activity in areas where it is scarce. The goal is to turn local insight into community action and create a broader impact.These community-driven initiatives offer a glimmer of hope in the face of a significant challenge. By making parks more accessible and promoting non-traditional activities, such as Nerf clubs, these efforts aim to unlock spaces and encourage people to get active. While change is slow, there is a sense of momentum and ownership within the community, which is essential for long-term success.
#you #people #but
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