China tightens Communist Party oversight of tech firms and digital finance
China’s ruling Communist Party is stepping up oversight of technology firms, internet platforms and digital finance in a sweeping drive to ta...
The U.S. Senate is locked in a marathon voting session over President Donald Trump’s wide-reaching budget proposal, dubbed the 'One Big Beautiful Bill Act,' as it hangs in the balance amid internal Republican divisions and fierce Democratic opposition.
Senators are deep into a "vote-a-rama" — a legislative marathon that could stretch more than 20 hours — debating nearly 1,000 pages of proposed policy that would dramatically extend Trump-era tax breaks while slashing key welfare programs. The bill is being fast-tracked to meet Trump’s preferred 4 July deadline.
Sharp Divisions Within GOP
Despite Republicans holding a Senate majority, the party remains split over deep proposed cuts to Medicaid and other social programs. An amendment from Florida Senator Rick Scott, which would delay Medicaid cuts until 2031, has drawn sharp criticism amid estimates that it could eventually remove health coverage from up to 20 million Americans.
Senate Majority Leader John Thune attempted to downplay the criticism, arguing the timeline means changes won’t take immediate effect. However, skepticism persists, including from Republican Senator Thom Tillis, who announced his retirement after voting against opening debate on the bill. Tillis accused colleagues of betraying campaign promises and putting “raw politics” ahead of the public interest.
Musk vs. Trump
Adding fuel to the political fire, former Trump advisor and business magnate Elon Musk denounced the legislation as “insane,” threatening to form a new political party and warning Republicans not to support what he called the largest debt increase in U.S. history.
Trump responded on his Truth Social platform by calling for a review of government subsidies received by Musk’s companies, suggesting the Tesla CEO would “probably have to close up shop” without federal support.
Debt and Tax Impact
The Congressional Budget Office estimates the bill would add $3.3 trillion to the national debt, which already stands at $36 trillion. The legislation includes $3.8 trillion in extended tax breaks, predominantly benefiting corporations and high-income earners, according to critics.
Fiscal conservatives in the House Freedom Caucus have also raised alarms. In a Monday post, the group slammed the Senate version for adding over $650 billion to the federal deficit, calling it a betrayal of GOP fiscal promises.
Legislative Hurdles Ahead
The bill narrowly advanced in the Senate over the weekend with a 51–49 procedural vote. Two Republicans joined Democrats in opposition. Democrats, who uniformly oppose the spending cuts, used a procedural maneuver to delay progress by demanding the full bill be read aloud — a process that took 16 hours.
During the full Senate vote, expected early Tuesday, Republicans can afford only three defections before Vice-President JD Vance would be called to break a tie.
If the Senate passes the bill, it returns to the House of Representatives, where leadership has tentatively scheduled a vote for Wednesday. However, hardline Republicans have signaled they may attempt to block the final version over spending disagreements.
What’s at Stake
'The One Big Beautiful Bill Act' represents a cornerstone of Trump’s second-term legislative agenda, aimed at solidifying conservative fiscal policy before the 2026 midterm elections. Yet, with intra-party fractures and external backlash mounting, the bill’s fate remains far from certain.
Press Secretary Karoline Leavitt expressed confidence in the bill’s passage, stating Trump fully expects it to be on his desk by 4 July.
As debate stretches into Tuesday morning, all eyes remain on the Senate floor — and whether the president’s "beautiful bill" will survive its toughest political test yet.
Iranian parliament speaker Mohammad Bagher Ghalibaf says the U.S. must act to prevent war after Tehran sent a “strong and rational response” to Washington. Meanwhile, U.S. forces have reportedly carried out limited strikes against Iranian targets, including Qeshm Island,
Hundreds of millions of U.S. citizens head to the polls on 3 November to elect the House of Representatives and Senate. How they vote could influence the direction of Donald Trump’s remaining 26 months in office and the outcomes of the Ukraine and Iran conflicts.
A six-day humanitarian ceasefire in the Russian-held Ukrainian town of Oleshky ended on Sunday, 1 November, after facilitating aid deliveries and civilian evacuations.
Kyrgyzstan has emerged as Central Asia’s fastest-growing economy, fuelled by a construction boom, public investment and trade linked to Russia. But with Western sanctions tightening, can the country sustain its rapid growth?
Russia airstrikes on a school used as a humanitarian aid distribution point in southeastern Ukraine's Zaporizhzhia region killed at least 26 people, including rescue workers and police officers, Ukrainian officials said. Another 27 people were reported missing.
China’s ruling Communist Party is stepping up oversight of technology firms, internet platforms and digital finance in a sweeping drive to tackle corruption and tighten control over the country’s rapidly evolving digital economy.
A wave of bomb threats targeting passenger flights has disrupted air travel across Europe, forcing diversions, airport closures and fighter jet escorts. No explosives have been found, raising questions about who is behind the alerts and whether the disruption itself is the goal.
U.S. President Donald Trump says Washington will end its annual financial and military aid to Israel by the end of 2026, under an agreement he claims to have reached with Israeli Prime Minister Benjamin Netanyahu.
Volodymyr Zelenskyy has confirmed that Ukraine's negotiators will meet with Russian and U.S. delegations in Abu Dhabi next week for the first peace talks mediated by Washington since February.
Spanish police are investigating the death of Tenerife striker Jesús de Miguel, who died after a collision with an opposing goalkeeper during a second-division football match. The case raises questions about when an on-field challenge can become a criminal offence.
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