The Punjab Assembly Secretariat has released a formal schedule for the province’s legislative agenda, setting a clear path for the 2025–26 budget session through July 2. According to the official document, the assembly will conduct debates, hold budget votes, and process the Finance Bill before concluding with a series of private members’ sessions. What is … Read more
EU member states are negotiating a €2 trillion long-term budget for 2028–2034, facing a standoff between “frugal” nations seeking spending cuts and “Friends of Cohesion” seeking more agricultural and regional aid. The Cypriot presidency has proposed a €32.8 billion reduction to bridge this gap before a 2026 deadline. Why are EU member states divided over … Read more
Mamdani Administration Outlines Plan for City-Owned Grocery Stores The Mamdani administration is moving forward with a new initiative to establish city-owned grocery stores, a project officials describe as a cornerstone of the mayor’s broader affordability agenda. Emily Marcus, a senior vice president at the New York City Economic Development Corporation (EDC), emphasized that the program … Read more
The Rising Cost of Wellness in Tasmania In Tasmania, the intersection of economic strain and public health is creating a growing crisis. For residents like Hobart teacher Mary Holton, the financial burden has forced difficult choices: skipping physiotherapy sessions, avoiding fitness classes, and delaying health appointments. “Going out for just fitness alone was a bit … Read more
Australia has reached a record high in its billionaire population, with 178 individuals currently identified. This represents an increase of 17 over the past year, according to new analysis based on the 2026 Australian Financial Review Rich List. The collective wealth of these individuals now exceeds $686 billion, having grown by $25.67 billion in the … Read more
New York City Mayor Zohran Mamdani recently announced a balanced $125 billion municipal budget, an achievement that has drawn significant praise from progressive figures. Sen. Bernie Sanders (I-Vt.) commended the move, stating the mayor successfully brought a “huge budget deficit” down to zero while simultaneously increasing government spending. However, the fiscal strategy behind this balance … Read more
Government Pledges Budgetary Relief Amidst Economic and Security Pressures On Wednesday, Special Assistant Rana Sanaullah outlined the government’s approach to the upcoming federal budget, emphasizing a dual commitment to providing public relief while navigating significant national challenges. According to Sanaullah, the government is currently engaged in consultations to identify ways to ease the economic burden … Read more
New York City Mayor Zohran Mamdani is facing mounting pressure from library advocates who claim the administration has failed to honor a key campaign pledge regarding municipal funding. During his campaign, Mamdani promised to allocate 0.5% of the city’s budget to the three public library systems, a move intended to eliminate the recurring “budget dance” … Read more
The Australian government is facing a growing wave of public backlash following the federal budget, prompting a defensive campaign from the Labor Party. In an email sent to members this week, the party’s national secretariat requested $10 contributions to help build campaign infrastructure, characterizing the current climate as a fight against “vested interests” and “wealthy … Read more
The Psychology of Pricing: Why Your Expectations Drive Inflation Inflation isn’t just about the cost of raw materials or supply chain glitches; We see deeply psychological. Economists call this the “inflation expectations” loop. When consumers and businesses believe prices will be higher tomorrow, they change their behavior today. Imagine you are planning a home renovation. … Read more