Latest news with #Galloway
Time of India
15 hours ago
- Sport
- Time of India
French Open 2025: Yuki Bhambri - Robert Galloway pair in third round
Yuki Bhambri reacts during his doubles match at the 2025 French Open. (Instagram) Paris: India's Yuki Bhambri and American Robert Galloway weathered an up-and-down opening set before pulling through in two-hours and 32-minutes with a 6-7 (4), 7-6 (4), 6-3 upset win over the seventh seeds Croatia's Nikola Mektic and Kiwi Michael Venus in the French Open men's doubles second round. Bhambri and Galloway, both 32, and ranked 41 and 38, started well, jumping to a 3-0 lead and extending it to 4-2 before the seeded combine hit back with some sharp tennis. In the second set tie-break, Mektic and Venus led 3-1, and at 4-3 were just three points from wrapping up the match, but Bhambri and Galloway won six of the next seven points to level set scores. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! In the decider the Indo-American pairing broke early to take a 3-0 lead and didn't look back. 'The first set in particular was up-and-down, we went ahead and couldn't sustain it, but that happens on a clay court. It is difficult to consistently hold serve,' he said, adding, 'the second set was more consistent, both teams held serve and we did well in the tie-break.' Bhambri, who played alongside Frenchman Albano Olivetti at Roland Garros last year, falling in the first hurdle, has taken some significant strides in his game this year, which includes making the third round here for the first time. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Next up for Bhambri and Galloway are the ninth-seeded Americans Christian Harrison and Evan King, a tricky righty-lefty combination. 'Another team with a standout season,' Bhambri said of the Harrison-King partnership that started the year with individual rankings around the 80 mark, but have since climbed to 21 and 18. 'It (third round) is going to be a tough match, but it's definitely winnable.'
Miami Herald
21 hours ago
- Business
- Miami Herald
Scott Galloway sounds alarm on major threat to U.S. economy
Depending on who one is speaking with, the national debt either is - or is not - an important issue in American fiscal policy that is given the degree of attention it deserves. Scott Galloway, New York University professor and popular podcaster, minces no words on how he feels about the "Big Beautiful Bill" that was passed on May 22 by the House of Representatives and its effect on the debt and other important slices of the U.S. economy pie chart. Don't miss the move: Subscribe to TheStreet's free daily newsletter For one, there is little disagreement that the rising national debt affects government spending, economic stability, and long-term financial planning. As the federal government borrows to cover expenditures exceeding revenue, interest payments on the debt consume a growing portion of the budget. The passage of the bill in the House introduces new fiscal measures that may impact the trajectory of the national debt and government spending. Supporters argue that the bill provides tax relief for working families. They highlight that the bill reduces the tax burden on middle-class Americans, including an expanded child tax credit and eliminating taxes on tips and overtime pay. Critics argue the bill adds trillions to the deficit, cuts Medicaid and Supplemental Nutrition Assistance Program (SNAP) benefits, weakens federal oversight, and focuses on tax cuts for wealthy Americans. Related: Shark Tank's Kevin O'Leary sends strong message on Social Security One of the key concerns surrounding the increasing debt is the cost of servicing it. As interest rates fluctuate, higher payments on the debt reduce funds available for other priorities, including Social Security and other retirement programs. This dynamic raises questions about the sustainability of retirement plans for millions of Americans. If debt servicing costs continue to grow, policymakers may face difficult decisions about entitlement reforms, tax changes, or adjustments to retirement benefits. Galloway explains in no uncertain terms his view of the national debt, the recently passed bill and what Americans might expect. In his No Mercy / No Malice newsletter, Galloway wastes no time offering his assessment of the bill and its effect on the national debt. "Last week, the fiscal lunatics proved they are still running the asylum," he wrote. "House Republicans sent the Senate a budget that adds $3.8 trillion to the deficit. Trump's 'Big Beautiful Bill' pairs unfunded tax cuts for the wealthy with a combined $1.1 trillion reduction in spending on programs including Medicaid and SNAP." But Galloway's criticism is not necessarily aimed at one political party more than the other. "Raise taxes or cut spending?" he asked. "The answer is yes. Note: Both parties engage in this consensual hallucination - taxes went down during the Biden administration and spending (YTD) has gone up under Trump." More on the U.S. economy: Dave Ramsey sounds alarm for Americans on Social SecurityScott Galloway warns Americans on 401(k), US economy threatShark Tank's Kevin O'Leary has message on Social Security, 401(k)s The most rapidly expanding expense in the federal budget isn't defense or health care, Galloway asserts. It's the cost of servicing the national debt. Even if this $3.7 trillion proposal fails to become law, interest payments alone are projected to reach $13.8 trillion over the next ten years, creating long-term financial challenges for future generations. "We're basically cosigning a subprime mortgage for our grandchildren while giving the wealthy a trust fund top-off," Galloway wrote. The first baby boomers reach 79 this year. Despite advancements in health, aging remains inevitable, he explains. A $124 trillion wealth transfer is underway, but most Americans won't benefit - only 2% control half of it. Related: Dave Ramsey sounds alarm for Americans on Social Security Galloway argues that smart taxation raises revenue with minimal harm. While Americans instinctively reject the estate tax as a "death tax," it primarily affects dynastic wealth, not ordinary estates. Unrealized capital gains comprise most high-net-worth inheritances, avoiding taxation almost entirely, Galloway claims. The budget bill worsens this, cutting estate tax revenue while reducing funding for federal programs aimed at helping the less well-off. Galloway explains his proposal as follows: Related: Jean Chatzky warns Americans on Social Security, 401(k)s The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
NDTV
a day ago
- Sport
- NDTV
French Open 2025: Yuki Bhambri-Robert Galloway Stun Seventh Seeds To Enter Third Round
India's Yuki Bhambri and his American partner Robert Galloway advanced to the third round of the French Open men's doubles with a thrilling three-set victory over seventh seeds Nikola Mektic and Michael Venus in Paris on Friday. The Indo-American duo displayed nerves of steel to edge past the Croatian-Kiwi pair 6-7(4), 7-6(7), 6-3 in a closely-contested second-round match that lasted two hours and 32 minutes at the Roland Garros. Bhambri and Galloway will next face the ninth-seeded American pair of Christian Harrison and Evan King for a place in the quarterfinals. Bhambri and Galloway had edged out Robin Haase and Hendrik Jebens 6-3 6-7(8) 6-3 in the first round match. Listen to the latest songs, only on Later in the day, India's Rohan Bopanna and N Sriram Balaji, along with Balaji's Mexican partner Miguel Reyes-Varela, will also be in action in the men's doubles. Listen to the latest songs, only on
BBC News
2 days ago
- Business
- BBC News
Bute House Agreement: How did the SNP-Green partnership go wrong?
The Scottish government has dropped plans for a new national park in Dumfries and Galloway - the latest in a series of policies driven by the Scottish Greens to have been scrapped by the idea was originally taken forward by Lorna Slater, when she was a government minister under the Bute House Agreement between the two since she and Green co-leader Patrick Harvie were kicked out of their ministerial offices by Humza Yousaf, the majority of policies included in the pact have been marine protection areas to climate targets, changes how homes are heated and a ban on conversion therapy, the agreed programme has mostly been torn the partnership worth it, looking back? And where does it leave the SNP and Greens heading into next year's Holyrood election? Things have changed enormously in Scottish politics since Nicola Sturgeon brought the Greens into government in departed Bute House the following year, and her successor Humza Yousaf barely lasted a year as first it was his decision to end the Bute House Agreement (BHA) which ended his tenure.A big motivation for the SNP in going into the pact was that it would provide stability against votes of no confidence, so it was somewhat fitting that the threat of such a vote forced Mr Yousaf out of office days after he ended the Swinney has since taken the administration off in a different direction with Kate Forbes as his decision on the Galloway national park is just the latest in a procession of policies which underpinned the partnership to have been consigned to take a look through the original agreement documents to check on the fate of some others. Changing climate measures Cracks had started to appear in the pact prior to Mr Yousaf's decision to end it, particularly when the government announced it was dropping its climate BHA had called for a "credible pathway" to hitting the admittedly ambitious 2030 interim target for cutting carbon after watchdogs underlined that this was looking increasingly unlikely, the government decided to do away with the interim goals and move to a system of carbon wasn't the last climate measure to be scrapped either, with ministers also conceding that a target of reducing car use by 20% by 2030 wasn't going to bone of contention at the time was Mr Yousaf's abrupt announcement of a council tax freeze - something the Greens the original agreement was that there would be a citizen's assembly on council tax has never materialised, and the longstanding promises to change how local taxation works have been kicked off into the next parliamentary term (again). One of the biggest pieces of work the Greens undertook in government was Patrick Harvie's heat in buildings bill, which aimed to move more homes to greener systems like heat pumps rather than bill was shelved earlier this year after acting net zero secretary Gillian Martin said it would "make people poorer", voicing concerns that it could increase fuel poverty.A revised version of the bill has since been published, but it stops short of a legal requirement to replace heating systems by 2045. 'Watered down' Mr Harvie was also the minister for tenant's rights, with the Greens central to plans to cap rents and ban evictions during the cost of living the party takes a fairly dim view of the "watered down" system of rent controls currently being considered in the Housing (Scotland) Bill, saying they are not nearly strong proposed bill was the ban on conversion therapy, which the Greens remain keen on - but which SNP ministers would really rather the UK government deal decision to kick that into the next parliamentary term compounded the rift over gender reforms, which the two parties had cooperated over while passing the Gender Recognition Reform Bill in Mr Yousaf decided to drop legal challenges to defend the legislation after it was blocked by the UK government, and Mr Swinney's administration have been clear that they will not be bringing it back. Ending the headaches These policies follow a pattern of the Swinney government being happy to drop particularly controversial same thing happened with a plan to designate 10% of Scotland's waters as highly protected marine areas, which sparked opposition in coastal fairness, a few things had been delivered before the Greens left new National Planning Framework had been finalised, including the BHA requirements for 20 minute neighbourhoods and greater priority for onshore wind it should be noted that Green hopes for an energy strategy which would support offshore wind and marine renewables remain unrealised, given Mr Swinney's government still hasn't published its long-awaited energy strategy. The Scottish government also boosted the Scottish Child Payment, something enshrined in the agreement - although given it is a flagship policy for the SNP, it is likely that would have happened same could probably be said of the £500m just transition fund for the North East and Moray, given it was in the SNP successes included the Fair Work First guidance, which requires public sector bodies which get government grants to pay the real living wage, and a pledge to replace the Scottish Qualifications Authority.A National Register of Ancient Woodlands is being produced, with a target date of 2027, and the promised Natural Environment Bill – aimed at improving biodiversity - has been do feel like relatively small wins, though, compared to what was promised and ultimately abandoned. 'Totemic policy' The decision to end the partnership agreement couldn't have been much more damaging for Humza Yousaf, given he ended up has had consequences for the party's broader policy platform too SNP had also been relying on Green support for one of its flagship policies for the term, the National Care BHA committed the parties to driving forward what it called a "totemic policy", but the Greens eventually joined other opposition parties in rallying against the proposal put down on paper by ministers.A vote at the party's conference went overwhelmingly against the proposal, underlining that it could not make it through parliament - although it was already clear by then that it would be undeliverable in any case, given opposition from key partners like unions, councils and health boards. The future Looking back over the wreckage of the Bute House Agreement may be instructive when we think ahead to the next Holyrood Swinney has sought to build bridges now, with a view to operating in a fractured parliament of minorities next would the Greens work with the SNP again in future?For all that they ultimately got out of the agreement, the smaller party may reflect that they may be able to deliver more by remaining in opposition and driving hard bargains when budget votes are was a budget deal which secured one of their favourite policies which still remains – free bus travel for Greens may also be happy to have more clear water between the parties on policy when voters go to the polls, given they are competing with the SNP for a similar slice of the there is one topic we know the parties do still agree on, which may remain of outsize Bute House Agreement included a pledge to secure a referendum on Scottish that didn't happen this term - but depending on the result of the election, building a "pro independence majority" may well be something which puts the SNP and Greens back on similar ground next May.
Telegraph
2 days ago
- Business
- Telegraph
SNP forced to axe national park plan after farmers' backlash
SNP ministers have axed plans to create a new national park in Scotland following a backlash from farmers and residents. Mairi Gougeon, the Rural Affairs Secretary, told MSPs an official report had concluded that there was not 'sufficient local support to proceed' with the park in Galloway. In a statement to the Scottish Parliament, she said responses to a consultation showed 54 per cent of people were opposed to the plan compared to 42 per cent in favour. Taking account only of the views of residents, 57 per cent opposed the scheme and only 40 per cent backed it. More than eight out of 10 farmers and foresters were also hostile to the park. Ms Gougeon accepted her announcement 'will be very disappointing for those who have been campaigning for a new national park in Galloway over many years'. The Tories welcomed the decision but warned it could take 'years to heal' deep divisions in the area created by the scheme. SNP ministers announced last July that the region in south-west Scotland had been chosen from a five-strong shortlist as the possible site of the country's third national park. The status meant the area would be set aside for conservation, with most of the landscapes and accompanying plants and animals protected in their natural state. A consultation proposed that it be called the Kingdom of Galloway National Park and covers up to 3,400 sq km, or 1,300 sq miles, making it around twice as large as the one covering Loch Lomond and the Trossachs. But farmers warned that it will lead to extra red tape for their businesses and prioritise tourism and visitor access over their needs, thereby damaging food production. NFU Scotland said 93 per cent of its members in the area opposed the plan. A third national park is the latest in a series of commitments made in the power-sharing deal between Nicola Sturgeon's government and the Scottish Greens to be axed or delayed. The coalition between the two parties, titled the Bute House Agreement, fell apart last year when Humza Yousaf, the then first minister, kicked the Greens out of government. The Telegraph disclosed on Saturday that Holyrood insiders expected the plan to be shelved but Ms Gougeon went further by scrapping it altogether. She said: 'While there is substantial support for a national park and what it could deliver for the south-west of Scotland, there is also significant opposition.' Ms Gougeon said that NatureScot had concluded that 'the proposal does not have sufficient clarity, nor has it garnered sufficient local support to proceed to the next stage of designation'. Finlay Carson, the Scottish Tory MSP for Galloway and West Dumfries, said: 'This a victory for common sense and a victory for local people in Galloway and Ayrshire. 'Ever since Green minister Lorna Slater got her hands on these proposals as part of the disastrous Bute House Agreement, the whole process became deeply flawed. It felt like a Green nationalist park was going to be imposed on these communities rather than one that they were initially keen to see.' Liz Hitschmann, co-founder of the No Galloway National Park campaign, said: 'We are very relieved the Scottish Government has recognised the strength of opposition to the imposition of a national park on our region, but the overwhelming response from local people directly affected was impossible to ignore.' Stephen Young, director of policy at landowners' body Scottish Land & Estates, said: 'The decision not to proceed with the Galloway National Park proposal is the right one by the Scottish Government and aligns with the clear views expressed by communities and businesses across the region.' But Mark Ruskell, a Scottish Greens MSP, said the decision was a 'betrayal' and 'the culmination of lack of confident political leadership and the dangerous influence of powerful vested interests'.
