US Senate passes climate change, tax package

Image Source: Business Recorder The US Senate has adopted a comprehensive economic package worth $700 billion that includes big changes to healthcare, taxation, and climate change. The measure seeks to increase corporate taxes, reduce carbon emissions, and lower the price of some prescription drugs. Before the mid-term elections, the bill’s passing, a focal point of […]

Russia in Debt Default as Deadline for Payment Passes

Image Source: Outlook India Russia has missed a deadline and defaulted on its debt for the first time since 1998. Despite having the financial means to make the $100 million payment due on Sunday, Russia was unable to deliver the funds to its international creditors due to sanctions. The nation had been determined to prevent […]