Author: Press Room

Senate Republicans stepped up their attacks on U.S. solar and wind energy projects by quietly adding a provision to their megabill that would penalize future developments with a new tax. That new tax measure was tucked into the more than 900-page document released late Friday that also would sharply cut the tax credits in the Inflation Reduction Act for solar and wind projects. Those cuts to the IRA credits were added after a late-stage push by President Donald Trump to crack down further on the incentives by requiring generation projects be placed in service by the end of 2027 to…

Corporate insolvencies have hit their highest level in a decade, a new study indicates Germany endured the highest wave of corporate bankruptcies in a decade in the first half of this year, a study by economic tracking agency Creditreform has suggested.  The first six months of this year saw some 11,900 German companies go bust, the study released on Thursday indicates. The figure represented a 9.4% increase over the same period last year,  according to the agency. Some 141,000 employees worked at the companies affected. “Despite some signs of hope, Germany remains mired in a deep economic and structural crisis. Companies are…

The BBC tried to avoid controversy on Saturday by not airing the Glastonbury music festival set of the Irish group Kneecap, which is being investigated in the UK for supporting the Islamist terror groups Hamas and Hezbollah, with one member being charged for waving a Hezbollah flag on stage. But the Beeb did air the preceding act, Bob Vylan, whose lead singer led the crowd in chants of “Free Palestine” and “Death, Death to the IDF (Israel Defense Forces),” concluding with “Hell yeah, from the river to the sea, Palestine must be, will be, Inshallah (Allah willing), will be free.”…

Michael Jackson’s Thriller surges back into the top 10 on the Vinyl Albums chart and climbs across … More five Billboard rankings as sales rise more than 28%. Michael Jackson attends The Martell Foundation Benefit Dinner at the New York Hilton Hotel on April 14, 1984. (Photo by Mike Guastella/Ron Galella Collection via Getty Images)Ron Galella Collection via Getty Images More than 40 years after it first became one of the biggest albums of all time, Thriller by Michael Jackson continues to prove its lasting appeal. The multi-genre, hit-packed collection remains present on several rankings in the United States, and…

The British Prime Minister has attempted to distance himself from his own words on mass migration, stating he was tired when he said Britain was becoming an “island of strangers” and that he regrets saying open borders caused “incalculable damage”. Sir Keir Starmer is fighting an action to save his political career as the left-wing of his left-wing Labour Party moves against him: this is most obvious in his U-turn on cutting welfare spending. But this bid for survival also appears to find expression in the decidedly left-leaning Observer lending their pages to help the Prime Minister retcon his own recent…

The Senate’s version of the One Big Beautiful Bill includes a temporary tax break designed to accelerate investment in American manufacturing and energy infrastructure. A little-noticed provision—Section 70307 of the legislation—would allow businesses to immediately deduct 100 percent of the cost of new “qualified production property” placed in service over the next three years. The incentive covers a range of assets, including new buildings and facilities used for manufacturing, natural resource extraction, electricity or natural gas production, water systems, and waste disposal. To qualify, the property must be new, used within the United States, and placed in service between January…

Singer-songwriter Rod Stewart has become the latest prominent British celebrity to endorse Nigel Farage as his Reform UK party seeks to upend the political establishment in London. It is time to “give Farage a chance” at governing the country, according to Maggie May singer Rod Stewart. Speaking to The Times of London, Sir Rod said that while he is “extremely wealthy”, he said that it “doesn’t mean I’m out of touch”. “For instance, I’ve read about Starmer cutting off the fishing in Scotland and giving it back to the EU. That hasn’t made him popular. We’re fed up with the…

Elon Musk is once again bashing the Republican megabill. Weeks after an initial tirade against the legislation, the former top White House staffer and current richest man in the world wrote Saturday on X that the “latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!” “Utterly insane and destructive,” he added. “It gives handouts to industries of the past while severely damaging industries of the future.” The bill significantly cuts subsidies for clean power sources like wind and solar, along with tax credits for buying electric vehicles and instead includes…

Serbian President Aleksandar Vucic has vowed to “defend the country” and warned protesters against violence Thousands of protestors hit the streets of Belgrade, Serbia on Saturday demanding dissolution of the parliament and snap elections. The new round of protests comes after eight months of intermittent unrest triggered by the deadly collapse of a concrete canopy at a railway station in the city of Novi Sad last November.Saturday’s demonstration coalesced after the Serbian government refused to heed an “ultimatum” issued by student groups calling for the dissolution of parliament, which would pave the way for snap elections.They demanded that an announcement…

Zohran Mamdani The new face of the Democratic Party may find himself in serious trouble with President Trump’s Administration should he proceed with an overtly racist housing plan in the name of equity. As The Gateway Pundit reported, Muslim communist New York City mayoral candidate Zohran Mamdani plans to fund his radical transformation of the city if he is elected: he will hike property taxes for “richer and whiter neighborhoods.” The policy memo, ‘Stop the Squeeze on NYC Homeowners,’ promises to address a “deeply inequitable system, using the full power of the mayor’s office to both address the system directly…