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MAY 22, 2025
A CNN panel devolved into chaos Wednesday night during a heated debate over President Donald Trump's bizarre Oval Office confrontation with South Africa's president.
Trump and Cyril Ramaphosa met at the White House in a highly charged encounter that was meant to reset and strengthen bilateral relations. The friendly gathering quickly turned confrontational however, as Trump pressed Ramaphosa with...
MAY 22, 2025
Donald Trump with Mike Johnson. - Photo: Andrew Harnik (Getty Images)
The U.S. bond market sets the risk-free rate against which every other asset is measured, which is why Ray Dalio calls it “the backbone of all markets.” But this week it’s also become the biggest story in global finance.
Long-term Treasury yields have spiked to their highest levels in...
MAY 22, 2025
Speaker of the House Mike Johnson, accompanied by President Donald Trump. - Andrew Harnik/Getty Images
President Donald Trump’s aggressive effort this week to line up Republicans behind the cornerstone of his economic agenda has coincided with a perilous warning: The bond market gets a vote, too, and is signaling an early “no” on his Big, Beautiful Bill.
The bill, passed by the...
MAY 22, 2025
A pedestrian wearing a Harvard University sweatshirt on the Harvard University campus in Cambridge, Massachusetts, US, on Wednesday, April 16, 2025.
The Trump administration blocked the ability of Harvard University to enroll international students and to keep current foreign students enrolled.
Department of Homeland Security Secretary Kristi Noem accused Harvard of "fostering violence, antisemitism, and coordinating with...
MAY 20, 2025
Indian-origin Saikat Charabarti who announced his run in the 2026 Democratic primary for California's 11th Congressional District, has recently expressed his opinion in favor of the H-1B visa program. He said he thinks the US should have more H-1B visas as he envisions the country as the one that his father came into. "My position on H-1B...
MAY 20, 2025
India faces a dual challenge as US President Donald Trump’s tightening of immigration policies threatens to disrupt the multi-billion-dollar remittance flow to the country. Alongside the migration curbs, a proposed US tax on remittances could further burden Indian workers sending money home.
Remittances from overseas workers are a key financial support for many developing nations, with several Indian...
MAY 19, 2025
The United States announced on Monday that it is imposing visa restrictions on owners, executives, and senior officials of certain Indian travel agencies accused of knowingly aiding "illegal immigration" to the US.
In a statement, the State Department said: "Mission India's Consular Affairs and Diplomatic Security Service work every day across our Embassy and Consulates to actively identify...
MAY 16, 2025
A new bill introduced by US House Republicans aims to levy a 5 per cent tax on all international remittances made by non-citizens, a move that could directly impact millions of Non-Resident Indians (NRIs) who regularly send money home. The bill, part of broader legislation to make the 2017 Tax Cuts and Jobs Act permanent, has received...
MAY 14, 2025
American Buying Culture. - Getty images; Tyler Le/BI
President Donald Trump is an unlikely member of the "buy nothing" movement — or, at least, buy less.
The president consistently suggests that one effect of his tariffs would be to encourage people to buy fewer things. In the face of price increases and potential shortages, Trump says people can and should make do...
MAY 14, 2025
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk waves as he attends a conference during the Saudi-US investment forum in Riyadh on May 13, 2025. - Fayez Nureldine/AFP/Getty Images
Elon Musk may be taking a step back from his full-time gig at the Trump administration’s Department of Government Efficiency. But his companies are still benefiting from the...
