
Trump's ‘beautiful' bill leaves scars worldwide: podcast
The budget law passed by the US president's Republican Party may add $3 trln to the debt while cutting healthcare, green energy and more. In this Viewsroom podcast, Breakingviews columnists discuss the consequences for firms across the globe that were banking on an American boom.
Follow Aimee Donnellan on LinkedIn.
Follow Jonathan Guilford on X and LinkedIn.
(The hosts are Reuters Breakingviews columnists. The opinions expressed are their own)
FURTHER READING
Trump's big bill shrinks America's energy future
US green energy slap is amber light for Europe
'Big Beautiful Bill' portends vast ugly costs
Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South Wales Guardian
7 minutes ago
- South Wales Guardian
Deadly Israeli strikes continue in Gaza
More than half of those killed were women and children. Desperation is mounting in the Palestinian territory of more than two million, which experts say is at risk of famine because of Israel's blockade and nearly two-year offensive. People in #Gaza, including UNRWA staff, are fainting due to starvation and severe hunger. People including children are dying from severe malnutrition. People are being starved. UNRWA alone has thousands of trucks in neighbouring countries waiting to enter Gaza – banned by… — UNRWA (@UNRWA) July 23, 2025 A breakdown of law and order has led to widespread looting and contributed to chaos and violence around aid deliveries. More than 1,000 Palestinians have been killed by Israeli forces since May while trying to get food in the Gaza Strip, mostly near aid sites run by an American contractor, the UN human rights office said on Tuesday. More than 100 human rights groups and charities signed a letter published on Wednesday demanding more aid for Gaza and warning of grim conditions causing starvation. More than 59,000 Palestinians have been killed during the Israel-Hamas war, according to Gaza's health ministry, which is part of the Hamas-run government and staffed by medical professionals. Its count does not distinguish between militants and civilians, but the ministry says that more than half of the dead are women and children. The UN and other international organizations see it as the most reliable source of data on casualties. The Israeli military said in a statement on Wednesday that forces were operating in Gaza City, as well as in northern Gaza. It said that in Jabaliya, an area hard-hit in multiple rounds of fighting, an air strike killed 'a number of' Hamas militants. "Silencing voices. As if banning international media is not enough. Humanitarian workers are also banned when they report on atrocities committed in #Gaza and elsewhere in the occupied Palestinian territory. The denial of a visa to our colleague from @OCHAopt is the latest in… — UNRWA (@UNRWA) July 22, 2025 Troops struck roughly 120 targets throughout Gaza over the past day, including militant cells, tunnels and booby-trapped structures, among others, the military said. One Israeli strike hit a house on Tuesday in the north-western side of Gaza City, killing at least 12 people, according to the Shifa Hospital, which received the casualties. The dead included six children and two women, according to the health ministry's casualty list. Another strike hit an apartment in the Tal al-Hawa area in northern Gaza, killing at least six people. Among the dead were three children and two women, including one who was pregnant. Eight others were wounded, the ministry said. A third strike hit a tent in the Naser area in Gaza City late on Tuesday and killed three children, Shifa Hospital said. The Israeli military did not immediately respond to a request for comment on the strikes. It blames Hamas for civilian casualties because the militants operate from populated areas.

Western Telegraph
14 minutes ago
- Western Telegraph
Deadly Israeli strikes continue in Gaza
More than half of those killed were women and children. Desperation is mounting in the Palestinian territory of more than two million, which experts say is at risk of famine because of Israel's blockade and nearly two-year offensive. People in #Gaza, including UNRWA staff, are fainting due to starvation and severe hunger. People including children are dying from severe malnutrition. People are being starved. UNRWA alone has thousands of trucks in neighbouring countries waiting to enter Gaza – banned by… — UNRWA (@UNRWA) July 23, 2025 A breakdown of law and order has led to widespread looting and contributed to chaos and violence around aid deliveries. More than 1,000 Palestinians have been killed by Israeli forces since May while trying to get food in the Gaza Strip, mostly near aid sites run by an American contractor, the UN human rights office said on Tuesday. More than 100 human rights groups and charities signed a letter published on Wednesday demanding more aid for Gaza and warning of grim conditions causing starvation. More than 59,000 Palestinians have been killed during the Israel-Hamas war, according to Gaza's health ministry, which is part of the Hamas-run government and staffed by medical professionals. Israeli activists take part in a protest against the war in the Gaza Strip (AP) Its count does not distinguish between militants and civilians, but the ministry says that more than half of the dead are women and children. The UN and other international organizations see it as the most reliable source of data on casualties. The Israeli military said in a statement on Wednesday that forces were operating in Gaza City, as well as in northern Gaza. It said that in Jabaliya, an area hard-hit in multiple rounds of fighting, an air strike killed 'a number of' Hamas militants. "Silencing voices. As if banning international media is not enough. Humanitarian workers are also banned when they report on atrocities committed in #Gaza and elsewhere in the occupied Palestinian territory. The denial of a visa to our colleague from @OCHAopt is the latest in… — UNRWA (@UNRWA) July 22, 2025 Troops struck roughly 120 targets throughout Gaza over the past day, including militant cells, tunnels and booby-trapped structures, among others, the military said. One Israeli strike hit a house on Tuesday in the north-western side of Gaza City, killing at least 12 people, according to the Shifa Hospital, which received the casualties. The dead included six children and two women, according to the health ministry's casualty list. Another strike hit an apartment in the Tal al-Hawa area in northern Gaza, killing at least six people. Palestinians are relying on aid in an increasingly dire humanitarian situation (AP) Among the dead were three children and two women, including one who was pregnant. Eight others were wounded, the ministry said. A third strike hit a tent in the Naser area in Gaza City late on Tuesday and killed three children, Shifa Hospital said. The Israeli military did not immediately respond to a request for comment on the strikes. It blames Hamas for civilian casualties because the militants operate from populated areas.


BreakingNews.ie
an hour ago
- BreakingNews.ie
Taoiseach Micheál Martin says he will 'definitely not' run for presidency
Taoiseach Micheál Martin has emphatically said that he is 'definitely not' going to run as a candidate for the presidency. Speaking on RTÉ radio's Morning Ireland, Mr Martin said that Fianna Fáil will consider a candidate in the coming weeks after taking 'soundings' from people within the parliamentary party. Advertisement When asked if he had spoken with Deirdre Heenan, Mr Martin said he had not. 'A lot of names have been floated in association with Fianna Fáil. I'm not responsible for the flotation of any of those names, just to make that very clear. I was elected, you know, I went to the people to say I wanted to serve Cork South Central and I wanted to lead Fianna Fáil into government. "I made that obligation to the public, and that's the context. No disrespect to the presidency or anything, but I gave commitments to the people that I would serve in Dáil Éireann for the next five years, and that is what I'm going to do." The Taoiseach also spoke about the National Development Plan, outlining the various funding sources, including projected surpluses, receipts from Apple, and funds from the Climate and Nature Fund. Advertisement "We are projecting surpluses out over the next number of years. There is the additionality of €20 billion from, as you know, the receipts from Apple, about €14 billion, all of them, will go towards the NDP, about €3 billion in terms of the AIB shares sales and a further close to €3 billion from the Climate and Nature Fund," he said. Mr Martin also emphasised the importance of infrastructure investment for job creation and economic growth, noting that the government will consider various scenarios, including IMF forecasts. 'Investment in infrastructure is important and critical for the future of jobs in this country. And we will look at all scenarios. Even the IMF is predicting, by the way, that we, in and around, and suggesting that we this capacity over the next five years in its forecast in terms of total expenditure spent by the Irish government in its analysis. 'Transport alone is receiving very substantial billions, well over €22 billion plus. So public transport will be a key feature of that. The bigger issue, which will be more private sector-driven, will be offshore wind and the development of renewables in our country. I think that's the big ticket item in respect of emissions reductions and switching from a dependence on imported fossil fuels to our own generated renewables. Advertisement "There is no way you would get to 300,000 if you don't have the private Sector contributing a significant number of houses in addition to those that will be provided as a result of the national development plan." Mr Martin added that by 2030, there will be substantially more houses built, 'there'll be far more schools built. I mean, in the last NDP, 800 schools were built. Okay, people give this impression that very little was done with the last NDP, a hell of a lot was done through the last NDP. A whole lot of hospitals were built. 'Active travel, as I said, broadband, for example, has made great strides in terms of that capital plan and the last NDP didn't. Technological University of Grangegorman was also about it; 170 kilometres of road were built, so a lot got done. So a lot of those projects, more and more of those will get done in the next time. 'Take Iarnród Éireann did extraordinarily good work under the last National Development Plan. The transformation of Kent Station, for example, is a good example of that. A lot of the universities, there will be good research projects invested and completed across the university sector," the Taoiseach said. Advertisement "I think this development plan, for example, if you add it all up, and the Minister will give greater detail over the next number of weeks, will be a very significant one for research for universities. And that will add to the competitiveness of our economy, and that's important.'