Tag: billions

Canada budget adds tens of billions to deficit as Carney spends to dampen Trump tariffs effect
Budget envisions significant increase in defence spending, cuts to civil service and ‘generational investments’ A protracted trade war with the United States and a weakening domestic economy has forced Mark Carney to run a deficit tens of billions larger than initially forecast in his first-ever federal budget. The spending plan, titled “Canada Strong” envisions significant…

Home Office squandered billions on asylum hotels, MPs say
The Home Office has “squandered” billions of pounds of taxpayers’ money on asylum accommodation, according to a report by a committee of MPs. The Home Affairs Committee said “flawed contracts” and “incompetent delivery” left the department unable to cope with a surge in demand and it relied on hotels as “go-to solutions” instead of temporary…

Trump administration illegally froze billions in Harvard funds, judge rules
By Sequoia Carrillo , Cory Turner , Emily Piper-Vallillo A federal judge in Boston handed Harvard University a legal victory on Wednesday. It’s the latest in a high-profile legal fight over whether the Trump administration acted illegally when it froze more than $2.2 billion in Harvard research funding in response to allegations of campus antisemitism.…

Vibrio pectenicida Identified as Cause of Sea Star Wasting Disease Affecting Billions
Mysterious Illness Decimating Sea Stars Finally Identified A devastating bacterium has decimated populations of sunflower sea stars, predators that play a crucial role in their environment By Andrea Tamayo edited by Andrea Gawrylewski A giant sunflower star (Pycnopodia helianthoides) walks across the reef underwater in Point Dume State Beach, California. Join Our Community of Science…

FEMA to Halt Billions in Grants for Disaster Protection, Internal Memo Says
FEMA to Halt Billions in Grants for Disaster Protection, Internal Memo Says An internal FEMA memo says the agency is canceling future and existing grants that help states and tribes prepare for floods, tornadoes and other disasters By Thomas Frank & E&E News Parishioners and community members look over damage after a tornado struck the…

Daylight Saving Time and Early School Start Times Cost The Economy Billions
Daylight Saving Time and Early School Start Times Cost The Economy Billions The current system of daylight saving time and early school start times wastes billions while causing more car accidents, workplace injuries and health issues By Joanna Fong-Isariyawongse & The Conversation US Daylight saving time kicks in on March 9, 2025. Along with the…

As Canadians cancel trips due to Trump, the U.S. tourism industry could lose billions
By Joe Hernandez Leena Yousefi and her family typically visit Hawaii four or five times a year. The Vancouver attorney used to live in Maui and had booked another trip for this year. But that was before President Trump, shortly after taking office in January, said he would impose 25% tariffs on many Canadian goods…

Treasury earmarks billions in spending cuts
The Treasury has earmarked several billion pounds in draft spending cuts to welfare and other government departments amid expectations the chancellor’s room for manoeuvre has all but been wiped out. The department will put the proposed cuts to the Office of Budget Responsibility (OBR), the official forecaster, on Wednesday ahead of the Spring Statement later…