A new report from California’s Legislative Analyst’s Office (LAO) paints a bleak picture of the state’s economy, describing it as “stagnant” and “fragile,” with job losses, falling consumer spending, and unsustainable reliance on stock market gains driving serious fiscal concerns. The warning is backed by multiple indicators showing the state slipping toward recession territory.
Since Sir Keir Starmer’s Labour Party came to power last year, British millionaires have been leaving the country at an unprecedented rate, fleeing the punitive tax policies that have come to define Labour’s left-wing agenda.
The New York Times editorial board proposed a sweeping plan to resolve America’s immigration challenges, advocating for increased legal migration while sidelining concerns of many Americans. The op-ed, titled “A Big Idea to Solve America’s Immigration Mess,” frames migrants as essential for economic growth while casting native-born Americans as a declining population incapable of meeting labor demands.
Newly elected libertarian President Javier Milei told Argentines in a televised address that the country is now experiencing its first economic surplus in over 16 years under his leadership.
The 22nd Amendment to the United States Constitution is a significant piece of legislation that has had a lasting impact on the country's political landscape.
By signaling with subsidies and payouts, Prime Minister Fumio Kishida is stressing his government’s resolve to pull the economy permanently out of stagnation.
