U.S. President Donald Trump signed his landmark “One Big, Beautiful Bill” into law on Friday, calling it a "triumph of democracy" during a Fourth of July ceremony at the White House.
The 870-page legislation delivers key parts of his second-term agenda, including permanent tax cuts, increased defence spending, and sweeping changes to healthcare and immigration policy.
Passed by Congress in a narrow 218–214 vote a day earlier, the bill permanently extends the 2017 tax cuts and introduces new breaks on tipped income, overtime, and Social Security. It also slashes Medicaid funding, boosts defence spending by $150 billion, and rolls back clean energy tax credits introduced under the Biden administration.
The law allocates $100 billion in new funding for Immigration and Customs Enforcement (ICE), part of Trump’s ongoing crackdown on illegal immigration. Speaking to military families at the signing, Trump said the bill would “fuel massive economic growth” and “lift up hardworking citizens,” declaring, “The Golden Age of America is upon us.”
He promoted the bill as a “historic win for American families” during a campaign rally in Iowa on Thursday, promising it would transform the economy into a “rocketship.”
Despite concerns about the bill’s cost—estimated to add $3.4 trillion to the national debt—the White House says it reflects Trump’s long-standing policy goals and vision for the country.
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Speaking on the Armenian public radio on 9 January, Armenia’s Minister of Economy Gevorg Papoyan made some important announcements for 2026. . He said that Yerevan is currently discussing with Baku the range of products it can potentially export to Azerbaijan.
Fears of the end of the West, to paraphrase Mark Twain, may be premature. But they might not be premature for long.
European leaders voiced growing alarm on Sunday over U.S. threats to impose tariffs on eight NATO allies, warning the move could destabilize transatlantic relations and heighten tensions in the Arctic.
Syrian President Ahmed al-Sharaa has signed a decree recognising Kurdish language rights, as government forces advanced against U.S.-backed Kurdish-led fighters despite U.S. calls for restraint.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Ashley St. Clair, mother of one of Elon Musk’s children, has filed a lawsuit against Musk’s company xAI, alleging that its AI tool Grok generated explicit images of her, including one portraying her as underage.
Egypt and Sudan have welcomed an offer by U.S. President Donald Trump to restart mediation with Ethiopia in a bid to resolve the long-running dispute over Nile River water sharing.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
Poland plans to expand its armed forces to 500,000 by 2039, including 300,000 active-duty troops and 200,000 reservists, officials said Friday. The enlarged force would feature a new high-readiness reserve unit.
Ugandan authorities partially restored internet services after President Yoweri Museveni won a seventh term, extending his rule into a fifth decade.
At least seven police officers were killed in coordinated gang attacks across Guatemala after security forces regained control of a rioting prison and captured a top gang leader.
A new agreement between Damascus and the Kurdish-led Syrian Democratic Forces is set to reshape power arrangements in northeastern Syria.
European leaders voiced growing alarm on Sunday over U.S. threats to impose tariffs on eight NATO allies, warning the move could destabilize transatlantic relations and heighten tensions in the Arctic.
Six people have been killed after a massive fire tore through a shopping centre in Pakistan’s largest city, Karachi, authorities said, as firefighters battled through the night to contain the blaze.
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