Latest news with #Through
New Indian Express
6 days ago
- Business
- New Indian Express
US tariff war poses threat to Kerala's key exports, says Finance Minister K N Balagopal
THIRUVANANTHAPURAM: The US trade war against countries across the globe poses a serious threat to world trade and the global economy, and its consequences could be especially damaging for Kerala's export-driven sectors, K N Balagopal, the state finance minister, said here on Tuesday. Products like marine goods, spices and tea — major export items from Kerala — would be hit hard if the US goes ahead with a proposed 25 per cent tariff on Indian goods, he warned. He was inaugurating a seminar on Post-Covid Development Challenges and Response: Through the Lens of Kerala Budgets, organised by the Gulati Institute of Finance and Taxation (GIFT). Balagopal said developed countries such as the US and Australia have been mounting pressure on the Union government to open up the Indian market for agricultural and dairy imports. Reports indicate that Australia can sell milk in India at Rs 30 per litre. If cheaper milk is allowed into the Kerala market, local dairy farmers will be in serious trouble, he said. The minister also criticised the campaign that Kerala is in a debt trap, with claims that the state's total debt has risen to Rs 6 trillion. 'This is absolutely baseless. A section of so-called experts is spreading false information about Kerala's debt position through social media,' he said. The state's total debt by the end of FY 2025-26 would be around Rs 4.7 lakh crore. Based on a trend seen over the past three decades, Kerala's debt has doubled every five years. Had that pattern continued, it would have already crossed Rs 6 trillion, he said.
Sydney Morning Herald
21-06-2025
- Health
- Sydney Morning Herald
Jamarra Ugle-Hagan reveals the depth of his mental health struggles
Jamarra Ugle-Hagan has opened up for the first time about entering rehab because of his mental health struggles, speaking of his isolation and desperation before seeking help. In an interview with former AFL players Mitch Robinson and Rhys Mathieson for the 'Rip Through it' podcast, the Western Bulldogs forward said he had hit rock bottom this year as he took extended leave from football and the spotlight on him intensified. 'All the noises actually sent me to a rehab facility for my mental health,' he said on the podcast. 'It got to a point where I had to give my car to a mate so I couldn't drive, I just didn't trust myself driving.' Loading 'There were times when I would think about - to be honest with you - just not even worth living. 'I didn't want to leave the house. I hit rock bottom, found basement. Especially when I felt like I was on my own the whole time. The way I was isolated and put out in public.' Ugle-Hagan returned to Bulldogs training last week in the hope of playing at VFL level this season, and said on the podcast his goal was to break back into the Bulldogs team in the leadup to finals. He said speaking up had helped him realise that he was not along in his mental health struggles.
The Age
21-06-2025
- Health
- The Age
Jamarra Ugle-Hagan reveals the depth of his mental health struggles
Jamarra Ugle-Hagan has opened up for the first time about entering rehab because of his mental health struggles, speaking of his isolation and desperation before seeking help. In an interview with former AFL players Mitch Robinson and Rhys Mathieson for the 'Rip Through it' podcast, the Western Bulldogs forward said he had hit rock bottom this year as he took extended leave from football and the spotlight on him intensified. 'All the noises actually sent me to a rehab facility for my mental health,' he said on the podcast. 'It got to a point where I had to give my car to a mate so I couldn't drive, I just didn't trust myself driving.' Loading 'There were times when I would think about - to be honest with you - just not even worth living. 'I didn't want to leave the house. I hit rock bottom, found basement. Especially when I felt like I was on my own the whole time. The way I was isolated and put out in public.' Ugle-Hagan returned to Bulldogs training last week in the hope of playing at VFL level this season, and said on the podcast his goal was to break back into the Bulldogs team in the leadup to finals. He said speaking up had helped him realise that he was not along in his mental health struggles.
Fox News
05-05-2025
- Business
- Fox News
Republicans squabble over Trump spending plan as Fiscal Year 2026 looms: 'Stay until we pass it'
President Donald Trump is proposing staggering spending cuts. In his budget request for fiscal year 2026, the president demands that Congress slash an eye-popping 20% of spending which lawmakers allocate each year. "You're going to see $150 billion (in cuts) passed in the House and the Senate. That is real money," said Budget Director Russ Vought on Fox News. "I think for the first time, this budget is not dead on arrival." To be clear, the budget which Mr. Trump sent to Capitol Hill is aspirational. All presidential budgets are. It's what a president proposes that lawmakers – and his administration – aim to spend for the upcoming fiscal year. Congress is still charged with voting on the 12 annual spending bills which fund the government. The 20% cut proposed by President Trump deals with that area of spending. The Trump administration characterized this blueprint as a "skinny" budget. That's because it included nothing about Medicare and Medicaid. Those social programs consume exorbitant chunks of federal spending – far exceeding what Congress appropriates each year. Congressional Republicans aim to make alterations of some kind to these programs in their so-called "big, beautiful bill." Republicans insist those programs won't endure cuts. But a "cut" is in the eye of the beholder. "We're going to move towards a long-term balanced budget. I like how we're thinking long-term instead of short-term," said Rep. Mike Haridopolos, R-Fla., on Fox News. To be clear, the framework for the GOP's big, beautiful bill does not balance the budget. In fact, it increases the budget deficit. And Mr. Trump's budget package doesn't balance either. There's no way to understand such a path unless you include Medicare and Medicaid. But here's what Mr. Trump's budget request does do: It eliminates dollars from every federal department and agency, except the Departments of Transportation and Veterans Affairs. Space programs and NASA are also safe, too. "This is how you break the Swamp," declared the House Freedom Caucus. "The FY '26 budget is a paradigm shift." The president's proposal knifes the Department of Housing and Urban Development by 40%. It axes the Departments of Labor and Interior by 30%. However, dollars for the Pentagon are essentially flat. Defense hawks were apoplectic. Senate Armed Services Committee Chairman Roger Wicker, R-Miss., torched Mr. Trump's outline. "Trump successfully campaigned on a Peace Through Strength agenda. But his advisers at the Office of Management and Budget (OMB) were apparently not listening," fumed Wicker. "For the defense budget, OMB has requested a fifth year straight of Biden administration funding, leaving military spending flat, which is a cut in real terms." Wicker accused OMB of trying to "shred to the bone" the nation's military. Former Senate Majority Leader Mitch McConnell, R-Ky., chairs the Senate defense appropriations panel, charged with funding the Pentagon. "It is peculiar how much time the President's advisors spend talking about restoring peace through strength, given how apparently unwilling they've been to invest accordingly in the national defense or in other critical instruments of national power," said McConnell. "I am very concerned the requested base budget for defense does not reflect a realistic path to building the military capability we need to achieve President Trump's Peace Through Strength agenda," said House Armed Services Committee Chairman Mike Rogers, R-Ala. With friends like these… Vought fired back at Congressional defense advocates and their allegations that the budget request undercut the military. "It's an inaccurate charge. We provide a trillion dollars in national defense spending. 13% increase. We do it in two components," said Vought. "We use discretionary spending. And then we put in a historic paradigm all of our increases on defense and Homeland Security. We use it in reconciliation so that we only need to use Republican votes. We don't want Democrats to have the filibuster as a veto to then hijack the appropriations process and say no to the Homeland Security spending." Let me fillet that statement for you. In other words, Vought asserts that some of the funding increases for the Pentagon will come through "budget reconciliation," the process Republicans are now using to pass the big, beautiful bill. Republicans intend to pass that package with only GOP votes. But if Republicans included that military money in a "regular" appropriations bill, Democrats may demand "parity." They would insist that non-defense programs score the same increase in exchange for advancing those bills – and voting to overcome a filibuster. So Vought argues his approach keeps Democrats from holding Pentagon dollars hostage in exchange for money targeted toward other programs. But Democrats are focused on what Republicans may try to do with Medicare and Medicaid. They argue that Republicans are teeing up cuts. "Hospitals will close. Nursing homes will shut down. Communities will be hurt. And Americans will die," said House Minority Leader Hakeem Jeffries, D-N.Y. Republicans insist those programs won't face cuts. "The question is, will we be susceptible to the fear-mongering and the false rhetoric that you just heard from the Democrat Minority Leader in the House? And this is the same tired play they run," said House Budget Committee Chairman Jodey Arrington, R-Texas, on Fox News. "We will be rewarded because we're doing this for the sustainability of these programs for the most vulnerable." Still, even some remain apprehensive about how the GOP will handle those programs. "If you want to be in the minority forever, then go ahead and do Medicaid cuts," said Sen. Josh Hawley, R-Mo. "That would be catastrophically stupid." House Speaker Mike Johnson, R-La., Ways and Means Committee Chairman Jason Smith, R-Mo., and Energy and Commerce Committee Chairman Brett Guthrie, R-Ky., met President Trump at the White House late last week to discuss the big, beautiful bill. The White House gave Congressional leaders a wish list of items it wants in the bill – and what can fall by the wayside. Tax credits for electric vehicles are out. "I don't have a problem if somebody wants to go buy an electric vehicle. I just don't think hardworking Americans should be subsidizing that," said House Administration Committee Chairman Bryan Steil, R-Wisc., on Fox News. Republicans hope to use money generated from the sale of EVs to shore up the Highway Trust Fund. The government used the federal gas tax to pay for construction of roads and bridges. But Congress hasn't adjusted the gas tax since the mid-1990s. Plus, more EVs and hybrids are now on the road. And conventional vehicles which rely on gas are more fuel efficient. So this shores up some of those depleted coffers. Johnson is sticking by his goal to pass the bill through the House by Memorial Day. But some Republicans doubt that timeline. "There's no way," said Sen. Ron Johnson, R-Wisc., on Fox Business. "Unfortunately, President Trump chose the one big, beautiful (bill). What he should have done is the multiple-step process." In other words, lawmakers could have addressed the border, tax cuts and spending cuts in individual chunks. Loading everything onto one legislative truck makes this hard. So can the House approve this in two weeks? There's not a lot of consensus yet. But maybe they'll try to wear Members down. "We will stay until we pass it," said one senior House GOP leadership source.
Globe and Mail
07-04-2025
- Business
- Globe and Mail
Inspiration Energy Closes $300,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2025) - Inspiration (CSE: ISP) (WKN: A40GPX) ("Inspiration" or the "Company") is pleased to announce the closing of the non-brokered Critical Minerals Flow Through private placement which was announced on April 01, 2025. The Company will issue 1,875,000 Flow Through shares (the "FT Shares") at a price of $0.16 per FT Share for aggregate gross proceeds of $300,000. Each Critical Minerals FT Share ("FT Share") will qualify as a Critical Minerals flow-through share under the Income Tax Act (Canada). Proceeds raised will be used to advance the Nunavut Property, the Stockwork property located in British Columbia and the Rottenstone North Gold Property in Saskatchewan. The gross proceeds from the FT Share will be utilized for incurring "Canadian exploration expenses" and "flow-through critical mineral mining expenditures" as defined in the Income Tax Act (Canada). Shares issued pursuant to the Financing will be subject to a four-month and one-day hold period according to applicable securities laws of Canada. About Inspiration Energy Corp. Inspiration Energy Corp. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop properties of merit and to conduct exploration on the Company's properties. For more information, please refer to the Company's information available on SEDAR+ ( On Behalf of the Board of Directors Charles Desjardins CEO, President and Director Phone: 604-808-3156 Email: info@ Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release. FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at
