Latest Government policy News

Morocco's King lauds new allies in Western Sahara dispute after European court ruling

Oct. 11, 2024 19:43 PM EDT

RABAT, Morocco (AP) — King Mohammed VI on Friday reaffirmed that settling sovereignty disputes over the Western Sahara remains the driving force behind Morocco's foreign policy, lauding diplomatic triumphs and framing them as progress toward resolving the decades-long conflict in Morocco's favor....

South Korea's central bank cuts rates in a bid to boost the economy

Oct. 11, 2024 04:47 AM EDT

SEOUL, South Korea (AP) — South Korea’s central bank on Friday cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt. The Bank of Korea lowered its key interest...

Trump insults Detroit while campaigning in the city

Oct. 10, 2024 19:32 PM EDT

DETROIT (AP) — Former President Donald Trump criticized Detroit while delivering remarks to an economic group there on Thursday, saying the whole country would end up like the city if his Democratic opponent, Vice President Kamala Harris, is elected. “The whole country will be...

Immigrants brought to the US as children ask judges to keep protections against deportation

Oct. 10, 2024 17:37 PM EDT

NEW ORLEANS (AP) — Immigrants who built lives in the United States after being brought here illegally as children were among more than 200 demonstrators who gathered Thursday outside a federal courthouse in New Orleans, where three appellate judges heard arguments over the Biden administration's...

Donald Trump rolls out tax breaks, but no specifics, for overseas citizens and auto buyers

Oct. 10, 2024 17:07 PM EDT

DETROIT (AP) — Donald Trump on Thursday rolled out more plans for tax breaks without offering details on how they would work or how they'd affect the federal budget. Trump vowed in a speech at the Detroit Economic Club to allow interest on car loans to be deducted from taxes,...

Bacon hogs the spotlight in election debates, but reasons for its sizzling inflation are complex

Oct. 10, 2024 09:47 AM EDT

She blames greedy companies for price-gouging. He blames the Biden administration’s economic policies. Kamala Harris and Donald Trump agree on one thing: Tapping into sour consumer sentiment about high grocery prices is one way to court voters. Bacon prices have...

World Trade Organization slightly raises 2024 goods trade forecast but wary of potential setbacks

Oct. 10, 2024 09:21 AM EDT

GENEVA (AP) — The World Trade Organization raised its outlook for global goods trade this year slightly, but cautioned Thursday that increasing geopolitical tensions and uncertainty over economy policy pose “substantial” risks to its forecast. The Geneva-based WTO projected...

Japan's new PM dissolves the lower house of parliament to set up a snap election

Oct. 09, 2024 09:15 AM EDT

TOKYO (AP) — New Japanese Prime Minister Shigeru Ishiba dissolved the lower house of parliament Wednesday to set up an Oct. 27 snap election, asking people to trust the governing party's policies even as critics said the vote comes far too soon. Ishiba took office last week as...

4 mayors in Mexico ask for protection after another was beheaded

Oct. 08, 2024 16:20 PM EDT

MEXICO CITY (AP) — Four mayors in Mexico have asked federal authorities for protection after a colleague was beheaded last week in the southern state of Guerrero, officials said Tuesday. Mayor Alejandro Arcos had been sworn into office less than a week before. ...

Tips, overtime, Social Security: A look at Donald Trump's no-tax pledges and what they might cost

Oct. 07, 2024 09:58 AM EDT

Donald Trump has pledged to end taxes on everything from tips to Social Security and overtime pay if he's elected to the White House again. But he hasn't detailed how he would fund those ideas and avoid creating a huge budget shortfall, beyond arguing he will usher in an economic boom. ...