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India’s central bank opposes offshore settlement for government bonds, sources indicate

India's central bank opposes offshore settlement for government bonds, sources indicate

RBI’s Stance on Offshore Settlement of Government Securities India’s central bank has no plans to permit direct transactions of government securities via offshore payment systems like Euroclear, according to three sources with knowledge of the situation. This decision comes even after recent tax reforms aimed at luring foreign investors. The Reserve Bank of India (RBI) […]

Government files lawsuit against Hochul officials, alleging large-scale fraud in overhaul of New York’s $11 billion Medicaid program

Government files lawsuit against Hochul officials, alleging large-scale fraud in overhaul of New York's $11 billion Medicaid program

DOJ Sues New York Over Medicaid Program Mismanagement The U.S. Department of Justice has initiated a lawsuit against Governor Kathy Hochul’s administration, claiming that select companies improperly diverted millions of taxpayer dollars through manipulated bids in the $11 billion Medicaid home health program. The lawsuit names State Health Commissioner James MacDonald and Medicaid Director Amir […]

Is China so intimidating that we need to surrender AI to government agencies?

Is China so intimidating that we need to surrender AI to government agencies?

Executive Order on Artificial Intelligence Released On June 2, 2026, the White House issued an executive order titled “Advancing Innovation and Security in Advanced Artificial Intelligence.” The administration faced challenges in clarifying that this order wasn’t, well, some kind of burden or, as characterized by the Biden administration, a “top-down regulatory approach.” The official fact […]

Government should not support low-quality journalism: Politico cuts major news brand after losing millions in federal subscriptions

Government should not support low-quality journalism: Politico cuts major news brand after losing millions in federal subscriptions

Just over a year after the Trump administration directed federal agencies to cancel various media subscriptions, Politico has revealed that it will discontinue one of its news brands. In 2024, the federal government spent over 8 million dollars related to subscriptions with Politico. February 2025 saw the White House’s General Services Administration instructing Politico and […]