subsidies

U.S.-Funded IMF Agrees to Give Pakistan $3 Billion Bailout

The International Monetary Fund (IMF), an international organization heavily funded by the United States, on Friday reached an agreement with Pakistan to provide $3 billion in short-term financial aid. The Pakistani bond market perked up at news that a potential debt default crisis has been delayed, but not enough to suggest that investors see a bright future for Pakistan’s finances.

Men collect free bread from a distribution point in Peshawar on April 3, 2023. - Poor Paki

Thousands of Indonesians Protest Against Fuel Price Hikes

Thousands of demonstrators marched through the cities of Indonesia on Tuesday, protesting against the first hike in government-subsidized fuel prices in eight years. The blowback may prove to be the stiffest challenge to President Joko “Jokowi” Widodo’s popularity since his re-election in 2019.

A fuel truck drives past university students marching along a road during a protest agains

A Test of ‘Solidarity’: EU Deadlocked over Attempts to Stuff Brexit-Sized Budget Hole

A second day of negotiating over the post-Brexit EU budget is looking to end again in deadlock with member-states split between the “Frugals”, who want less spending; the poorer, mostly former Soviet satellite states who want more money; and the European Parliament which wants the budget period increased to a massive €1.32 trillion to help turn the EU carbon neutral.

France's President Emmanuel Macron arrives for the second day of a special European Counci

Covered California Thinks It Can Survive Trump

Despite President-elect Donald Trump picking hard-core Obamacare foe Republican Rep. Tom Price (R-GA) as the next Secretary of Health and Human Services, California’s huge Obamacare exchange thinks it can survive the promised “repeal and replace.”

Irfan Khan/Los Angeles Times via Getty Images

The ObamaCare Bomb: Plan 9 from Collectivist Space

The news that insurance giant Aetna was canceling future ObamaCare expansion plans and also pulling out of most ObamaCare markets has fused the Affordable Care Act bomb for one final, cataclysmic detonation. The whole rotten scheme is falling apart, and it’s

Plan 9 from Outer Space Valiant Pictures