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Museveni: All government agencies will have to buy electric buses from local manufacturing companies. That means there will be no more importation for those ... Show more #MonitorUpdates
Museveni: Some people think politics is just talking, talking & talking…then going to weddings & funerals. But NRM tells you that politics is a matter of ... Show more #MonitorUpdates
President Museveni is today expected to address the nation for the third time in two weeks. #MonitorToon #MonitorUpdates
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SFC commander fired after 7 months on job : In what military sources tagged as a “demotion”, the President sent Gen Busizoori to Third Division as second in ...
monitor.co.ug/uganda/news/national/sfc-commander-fired-after-7-months-on-job--3903836
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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Man abandons family for 13 years, returns after wife gets PDM cash: “Do you know how difficult life becomes when one has no money?” Mr Kisamba asked ...
bit.ly/3xUjvnu
Uganda Seeks Budget Funds to Help Dei Pharmaceuticals Build Vaccine Plant: Uganda is seeking approval from lawmakers to raise 1.1 trillion shillings ($289 ...
bloomberg.com/news/articles/2024-04-19/uganda-seeks-budget-funds-to-help-local-firm-build-vaccine-plant
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Deforestation pushes animals in Uganda forest to eat virus-laden bat poo: The creatures shed light on how new viruses might spread from animals to humans ...
bbc.com/news/world-africa-68875094
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels: US bank says higher interest rates, inflation and global conflict have dented outlook for ...
ft.com/content/352b38a7-f298-4b54-adc2-f4cc1b17444b
Quick Glance: JPMorgan warns of Need for 'Reality Check' on Phasing out Fossil Fuels
- JPMorgan warns of setbacks in transitioning to renewable energy due to higher interest rates, inflation, and global conflicts.
- Investment in renewable energy currently offers subpar returns, potentially leading to social unrest.
- JPMorgan forecasts increasing demand for oil and gas until 2030, highlighting challenges in transitioning to renewable energy.
- Wood Mackenzie warns of the impact of higher interest rates on transitioning to a global net-zero economy, especially for renewables and nuclear power.
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
62% of Uganda's forensic experts untrained, AG report: Only 14 of the 37 technical staff in the institution have undergone training ranging from basic to ...
monitor.co.ug/uganda/news/national/62-of-uganda-s-forensic-experts-untrained-ag-report-4598246
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Cocoa prices triple in Busoga : Prices have surged due to heightened international demand for cocoa products
monitor.co.ug/uganda/news/national/cocoa-prices-triple-in-busoga--4595940
What if you lose your job today?: Experts advise on what you can do if the hard news hits you unexpectedly.
monitor.co.ug/uganda/business/prosper/what-if-you-lose-your-job-today--4600306
School offers hope to S.4 candidates amid fears over new curriculum: Students often go to the library to do research using the textbooks of the old curriculum
monitor.co.ug/uganda/news/national/school-offers-hope-to-s-4-candidates-amid-fears-over-new-curriculum-4600762
Investors raise bets on euro falling to parity with dollar: Eurozone borrowing costs seen as likely to fall first as strength of US economy lowers chance of ...
ft.com/content/700f0282-e939-4441-8093-6e012c39f4bd
Ugandan scientists start designing new HIV vaccine: Scientists at the Uganda Virus Research Institute (UVRI) have said they are designing an HIV vaccine
monitor.co.ug/uganda/news/national/ugandan-scientists-start-designing-new-hiv-vaccine-4601778
Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...
ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
UG gains international accreditation for petroleum courses: The University of Guyana (UG)’s Faculty of Engineering and Technology has received its first ...
stabroeknews.com/2024/04/23/news/guyana/ug-gains-international-accreditation-for-petroleum-courses/
Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
- US mortgage rates have surged above 7%, increasing costs for homebuyers.
- The rise in mortgage rates impacts monthly costs, limiting purchasing power.
- Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.
- Experts anticipate a moderate easing of mortgage rates later in the year.
We won’t beg Museveni for freedom- remanded NUP supporters: There were chaos and tears as one of the suspects turned rowdy in the courtroom before he was beaten ...
monitor.co.ug/uganda/news/national/we-won-t-beg-museveni-for-freedom-remanded-nup-supporters-4591192
Govt institutions are dead, everyone runs to Museveni- Opposition: Ssenyonyi reiterated that if state offices and institutions were left to operate independently ...
monitor.co.ug/uganda/news/national/govt-institutions-are-dead-everyone-runs-to-museveni-opposition-4600346
UG graduates first batch of food scientists: The University of Guyana has announced that it has graduated its first ever batch of food scientists and looks ...
stabroeknews.com/2024/04/11/news/guyana/ug-graduates-first-batch-of-food-scientists/
Pictures of a younger Gen Muhoozi, who has turned 50: From enjoying giggles with mummy to relishing a day out on the farm with dad, a look at throwback photos of ...
newvision.co.ug/articledetails/NV_186586
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
Four Buganda Royal Institute students die in car crash en route beach party: Eyewitnesses told police that the students who were en route to a beach party were ...
monitor.co.ug/uganda/news/national/four-buganda-royal-institute-students-die-in-car-crash-en-route-beach-party-4589422
Food inflation across rich nations drops to pre-Ukraine war levels: Annual change in prices across 38 industrialised countries eased to 5.3% in February ...
ft.com/content/f51368f0-c157-451d-a231-b944fbe7e7a0
Quick Glance: Decline in Food Prices in Industrialized Countries
- Annual change in prices across 38 industrialized countries eased to 5.3% in February, according to the latest OECD data.
- Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, alleviating pressure on households affected by cost increases.
- The OECD is expected to address food prices as part of its comprehensive inflation update.
- The decrease in food price inflation was widespread in industrialized countries in February, with the latest OECD reading halved or almost halved from recent peaks.
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .
on.wsj.com/3VVaIeY
Muslim child beaten for allegedly attending church prayers | Africanews: Seven members of a Muslim family in Uganda have been arrested for allegedly assaulting ...
africanews.com/2024/04/24/muslim-child-beaten-for-allegedly-attending-church-prayers/
Buganda raises Shs2.4b from Kabaka run: The 120,000 kits reflect an increment from last year’s initiative, where 100,000 kits were sold
monitor.co.ug/uganda/news/national/buganda-raises-shs2-4b-from-kabaka-run-4582616
Escalating Middle East tensions a fresh jolt to world markets: Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper ...
reuters.com/markets/global-markets-middle-east-graphic-2024-04-19/
Ray G teases Mbarara ahead of Kampala show: We say his biggest show because it will be happening at one of Uganda’s biggest entertainment venues
monitor.co.ug/uganda/lifestyle/entertainment/ray-g-teases-mbarara-ahead-of-kampala-show-4599678
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...
foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib
Bobi Wine, Uganda’s democracy hunter: The documentary, Bobi Wine, the People’s President, shows the confluence of music and art in the pursuit of freedom and ...
mg.co.za/thought-leader/opinion/2024-04-18-bobi-wine-ugandas-democracy-hunter/
81-year-old woman dies while queuing for SAGE cash: Ms Nakyanzi highlighted the difficulties elderly persons face while collecting their SAGE disbursements
monitor.co.ug/uganda/news/national/81-year-old-woman-dies-while-queuing-for-sage-cash-4594330
Biden needs to face facts: He’s still losing to Trump : For President Biden and the Democrats, thing are looking ugly in November.
thehill.com/opinion/campaign/4604865-biden-needs-to-face-facts-hes-still-losing-to-trump/
Parliament okays Shs500m ‘service award’ to retiring AG Muwanga: MP Nandala Mafabi had proposed a Shs1b reward to the outgoing Auditor General John Muwanga
monitor.co.ug/uganda/news/national/parliament-okays-shs500m-service-award-to-retiring-ag-muwanga-4584924
How Risky Is Japan’s Monetary-Policy Normalization? | by Takatoshi Ito - Project Syndicate
project-syndicate.org/commentary/bank-of-japan-monetary-policy-normalization-risks-by-takatoshi-ito-2024-04
Digital census or just a population census?: Journalists can, therefore, focus more on the parameters the census seeks to capture, new areas of documentation ...
monitor.co.ug/uganda/oped/columnists/charles-bichachi/digital-census-or-just-a-population-census--4595846
Why Kadaga memoir must be read with a pinch of salt: The book was written in form of a textbook, giving guidelines or important steps to greatness ...
monitor.co.ug/uganda/lifestyle/theatre-cinema/why-kadaga-memoir-must-be-read-with-a-pinch-of-salt-4596532
Hundreds of young supporters of Donald Trump lined up for his recent Green Bay, Wisconsin, campaign rally. The most common reason many are backing the former ...
reut.rs/49HtDgh
Govt proposal to tax life insurance sparks debate: New tax proposals in Parliament threaten to undermine the best parts of life insurance appeal of being ...
monitor.co.ug/uganda/business/finance/govt-proposal-to-tax-life-insurance-sparks-debate-4599614
In death, Samua shakes West Nile as he did in life: The 56-year-old businessman dropped out of school early to build what turned out a gigantic business empire
monitor.co.ug/uganda/news/national/in-death-samua-shakes-west-nile-as-he-did-in-life-4599120
Young Ugandans tangle in the mud. They dream of becoming professional wrestlers: A bamboo-lined wrestling ring in rural Uganda has captured the attention of some ...
apnews.com/article/uganda-mud-wrestling-0cb16f5367a5a60dd3afbc7c04c1f8ec
Experts: Does Uganda need assistant RCCs?
monitor.co.ug/uganda/video/experts-does-uganda-need-assistant-rccs--4601456
Chaos as army court denies NUP supporters bail again: The suspects were first remanded on charges of unlawful possession of 13 explosive devices following their ...
monitor.co.ug/uganda/news/national/chaos-as-army-court-denies-nup-supporters-bail-again-4591996
Nabbanja’s bodyguard goes missing in the US: Investigations are underway into why and how Emmanuel Atwiine, who accompanied the premier who was in New York to ...
monitor.co.ug/uganda/news/national/nabbanja-s-bodyguard-goes-missing-in-the-us-4595972
📷 Princess Bagaya at 88: family and friends celebrate an icon: Bagaaya was also the first black model to have been given a spread in the American Vogue Magazine ...
newvision.co.ug/category/celebrating-life/princess-bagaya-at-88-friends-and-family-cele-NV_186410
The Kizza Besigye factor in Uganda’s Opposition: Most of the leadership in the political opposition are motivated by the holding elective positions and the ...
monitor.co.ug/uganda/oped/commentary/the-kizza-besigye-factor-in-uganda-s-opposition-4596996
Let’s find solutions to concerns on EFRIS: The traders and the taxman seem to be speaking at cross purposes and someone ought to listen keenly to find out the ...
monitor.co.ug/uganda/oped/editorial/let-s-find-solutions-to-concerns-on-efris-4586284
Businesses you can do at home: Home businesses are an ideal starting point for embarking on an entrepreneurial journey.
monitor.co.ug/uganda/business/prosper/businesses-you-can-do-at-home-4596462
Gas pipeline study to cost Uganda, Tanzania Shs5.6b: The two countries are planning to develop both gas and finished products pipelines
monitor.co.ug/uganda/news/national/gas-pipeline-study-to-cost-uganda-tanzania-shs5-6b-4599142
I won’t be in power forever, says President Museveni: Taking you back in time. About two decades ago, on November 2, 1993, President Museveni ...
monitor.co.ug/uganda/magazines/people-power/i-won-t-be-in-power-forever-says-president-museveni-1506250
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Poll: Election interest hits new low in tight Biden-Trump race: Amid a tight Joe Biden-Donald Trump race, the share of voters with high interest in the election ...
nbcnews.com/politics/2024-election/poll-biden-trump-tight-race-election-interest-low-rcna148170
Quick Glance: Poll: Election Interest Declines in Tight Biden-Trump Race
- The interest of voters in the election has reached the lowest point in two decades at this stage in a presidential race.
- The latest national NBC News poll reveals that the number of voters with high interest in the 2024 presidential election has nearly hit the lowest point in almost 20 years, with a majority holding negative views of President Joe Biden and former President Donald Trump.
- Inflation and immigration top the list of the country's most pressing issues, with only one-third of voters giving Biden credit for improving economic performance.
- The survey also highlights how the low voter interest and the independent candidacy of Robert F. Kennedy Jr. could potentially disrupt what has been a stable presidential contest with over six months until Election Day.
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
Few in new poll say Biden law has helped fight climate change: Very few Americans believe the Inflation Reduction Act (IRA), signed into law by President Biden ...
trib.al/XuRnSYN
Traders agree to reopen shops after meeting President Museveni: "I have directed that URA refrain from issuing penalties and recovering any penalties that ...
newvision.co.ug/articledetails/NV_186311
Jamie Dimon warns rates could stay high as market mood shifts: JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to ...
ft.com/content/9c3b136c-79c0-4347-9cc9-b90e5489a85f
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
Petrol and diesel back to nearly €2 a litre as drivers hit by biggest price rise this year
independent.ie/business/personal-finance/petrol-and-diesel-back-to-nearly-2-a-litre-as-drivers-hit-by-biggest-price-rise-this-year/a1753249448.html
Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
8 band members arrested for insulting Museveni at Mbabazi’s wedding anniversary: As Museveni was addressing Mbabazi’s guests at around 11pm, eight Crane ...
monitor.co.ug/uganda/news/national/8-band-members-arrested-for-insulting-museveni-at-mbabazi-s-wedding-anniversary-4582416
DU Admissions 2024: UG applications from mid-May, PG from April 25: The PG admission at the University will begin for admission to 82 courses ...
indianexpress.com/article/education/delhi-university-du-admission-2024-ug-pg-btech-applications-dates-du-ac-in-jeemain-clat-9279339/
UPDF deserter jailed 35 years, colleague dismissed for taking 5-year leave: Col Kateraho warned that desertion being one of the service offences will not be ...
monitor.co.ug/uganda/news/national/updf-deserter-jailed-35-years-colleague-dismissed-for-taking-5-year-leave-4599172
Biden administration raises costs to drill on public lands: The Interior Department finalized a rule Friday making it more expensive for oil and gas producers to ...
thehill.com/policy/energy-environment/4590251-biden-administation-raises-costs-drill-public-lands/
Quick Glance: Biden Raises Drilling Costs on Federal Lands, Trump Courts Oil Donors
- The Biden administration has finalized a new rule requiring oil companies to pay at least ten times more for drilling on federal lands to generate more revenue for taxpayers.
- While Trump discusses easing drilling regulations with energy executives, the US is historically pumping a lot of crude oil, complicating regulations for Trump and Biden's climate agenda.
- The rule mandates higher bonds and royalties for fossil fuels on federal lands to better compensate taxpayers and cover the costs of cleaning up abandoned wells.
- In addition to reshaping fossil fuel production on federal lands, the administration has advanced renewable energy development on these tracts and significantly reduced rents and fees for clean energy projects.
Govt to inject over Shs570b into private vaccine factory : “People should not look at it like government is donating money. When this company makes profits ...
monitor.co.ug/uganda/news/national/govt-to-inject-over-shs570b-into-private-vaccine-factory--4599450
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