News

Germany’s green efforts suffer $55 billion blow

Published

3 weeks ago

November 16, 2023

ticker NEWS

Germany’s Federal Constitutional Court has delivered a significant setback to the Scholz government, ruling that a crucial component of its 2023 budget is unconstitutional.

The court’s decision came as a shock to many, as it struck down a key provision related to the funding of social welfare programs, jeopardizing the government’s financial plans.

Chancellor Olaf Scholz’s administration had earmarked €60 billion in the budget for the expansion and enhancement of social welfare services, aimed at addressing critical societal issues.

However, the court argued that this allocation violated the constitution’s fiscal rules, which dictate a balanced budget.

The ruling has sent shockwaves through Germany’s political landscape, with opposition parties hailing it as a victory for fiscal responsibility.

They argue that Scholz’s government has been too liberal with spending, and this decision serves as a necessary check on their budgetary ambitions.

The government, on the other hand, is now scrambling to find alternative sources of funding for its social programs without violating the constitution. #featured

News

U.S. terror alert “when, not if”

Published

13 hours ago

December 6, 2023

ticker NEWS

The FBI director has made a major announcement about the terror threat in the United States right now. So why is he so worried?

In a major announcement, the director of the FBI revealed that the United States is currently facing its most heightened terror threat level since October 7.

The nation’s security apparatus is on high alert, with officials reporting a surge in intelligence indicating potential terror plots. #ticker today #featured

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Desperate Zelensky cancels Congress video call

Published

13 hours ago

December 6, 2023

ticker NEWS

President Volodymyr Zelensky unexpectedly canceled a videolink appearance to appeal for continued US funding.

Ukraine is sounding the alarm, expressing a “big risk” of losing the ongoing conflict if the United States Congress delays crucial aid.

As tensions continue to escalate on the eastern front with Russian-backed separatists, Ukraine has been relying on international support to sustain its fight for sovereignty. #featured

News

Will the travel boom continue in 2024?

Published

14 hours ago

December 6, 2023

ticker NEWS

Several big events are scheduled in 2024 and travelers say they’re planning to attend.

Following the pandemic—pent-up demand to travel exploded.

But, after years of inflation and rising tourism costs—are travelers curtailing plans for 2024 or revving them up?

Casey Hatfield-Chiotti, a Travel Editor, Marin Living Magazine joins Veronica Dudo to discuss. #IN AMERICA TODAY #travel #traveltrends #2024travel #tourism #luxurytravel #hospitalityindustry #MarinLiving #ParisOlympics #solareclipse #featured