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Germany’s Spending “Bazooka” For Military, Infra Passes Final Hurdle

swamyworld1 year ago05 mins

[ad_1] Germany’s upper house of parliament on Friday gave the final seal of approval to a massive spending package to build up the military and overhaul infrastructure. Worth hundreds of billions of euros, the so-called spending “bazooka” has been pushed by the likely next chancellor Friedrich Merz, whose centre-right CDU/CSU won elections last month and…

US Congress Passes Funding Bill To Avert Government Shutdown

swamyworld1 year ago07 mins

[ad_1] Washington: The United States averted a government shutdown with hours to spare Friday as lawmakers already reeling from President Donald Trump’s radical federal spending cuts voted to keep the lights on through September. Facing a midnight deadline to fund the government or allow it to start winding down, Democrats dropped plans for a blockade…