Student debt forgiveness causes monthly deficit to jump 562%

The Treasury Department said Friday the federal budget deficit was 562% higher on a monthly basis compared with September 2021, largely reflecting President Joe Biden's plans to forgive student debt as several years' worth ...

Zombie ice from Greenland will raise sea level 10 inches

Greenland's rapidly melting ice sheet will eventually raise global sea level by at least 10.6 inches (27 centimeters)—more than twice as much as previously forecast—according to a study published Monday.

Kuwait to spend $500 bn on oil projects by 2040

OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, a top executive said on Wednesday.

Delays hang over Pakistan 3G lifeline

Pakistan's cash-strapped government has promised to sell 3G mobile telephone licences to raise revenue, match regional rivals and drive prosperity, but the process has been beset by delays.

Wealthy disagree with most Americans about income policies

(Phys.org)—As Congress and President Obama wrestle over the "sequester" and other measures that would dramatically cut government spending, the first systematic study of the political attitudes of wealthy Americans indicates ...

India's telecom auction raises 25% of target

India's government announced on Wednesday it had raised one-quarter of what it expected from an auction of mobile spectrum that telecom industry critics said had been overpriced.

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