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Indian Students Confront Obstacles as Canada Reduces Permits by 31%

In Canada, the number of research permits granted to Indian students has dropped significantly, falling by 31% in the first quarter of 2025. A total of 30,640 permits were issued, a stark contrast to 44,295 permits in the same period last year. This decline is part of a larger strategy aimed at managing the influx […]

Andrew Cuomo reduces his backing for charter schools in mayoral campaign

Cuomo Unveils 25-Point Education Plan Former Governor Andrew Cuomo introduced a 25-point education plan on Tuesday. This initiative seems to bring back certain policies favored by the New York Teachers Union while appearing to reduce support for charter schools that some labor groups criticize. Cuomo’s campaign for New York City mayor didn’t specifically mention charter […]

University President Reduces Salary by 25% Amid Funding Cuts by Trump

Harvard President Voluntarily Cuts Salary Amid Federal Funding Reductions Harvard University President Alan M. Gerber is opting for a 25% salary cut in 2026 due to significant reductions in federal funding, totaling nearly $3 billion, as announced by Harvard spokesman Jonathan L. Swain. Swain noted that Gerber has communicated his decision to senior university officials, […]

Australian dollar falls as RBA reduces rates and cautions about global prospects

Australian Dollar Takes a Dip Following Rate Cut SYDNEY – The Australian dollar saw a decline on Tuesday, which seemed to reflect a shift in market expectations after the country’s central bank decided to cut interest rates, emphasizing the potential economic challenges posed by the ongoing World Trade War. The Reserve Bank of Australia has […]

Dollar slips after US credit downgrade, Aussie reduces losses ahead of RBA

TOKYO (Reuters) – On Monday, the US dollar slid to weekly lows, while the yen, seen as a safe haven, gained ground as markets grappled with a surprising downgrade of US government credit ratings alongside growing trade tension concerns. Sentiment remains shaky. The Australian dollar rebounded after a three-day slump, anticipating a significant quarter-point cut […]

Santander UK halts salary increases and reduces jobs in its commercial banking division.

Santander UK is reducing jobs within its commercial banking sector as part of a broader restructuring aimed at making the bank more appealing to potential buyers. This shift was somewhat unexpected. Earlier this month, the bank altered job titles, signaling a comprehensive review of its UK operations and began reorganizing staff into new teams. The […]

Paris Airport Reduces Flights by 40% Following Air Traffic Control Failure

PARIS – Flight Reductions at Paris Lyri Airport Following System Outage France’s Civil Aviation Authority has instructed airlines to reduce their flight schedules by 40% at Paris Lyri Airport on Sunday evening due to a failure in the air traffic control system. The DGAC announced that certain “regulations” are necessitating substantial cuts to flight numbers, […]

Moody’s reduces America’s Triple-A credit rating — and here’s the reason.

Moody’s Downgrades US Credit Rating On Friday, Moody’s reduced its credit rating for the United States from “AAA” to “AA1”, marking a notable shift. As the last major rating agency to hold onto the Triple A status, Moody’s cited soaring fiscal deficits and substantial interest payments as reasons for this downgrade, which emerged during the […]