Author: WTX News Editor

The WTX News Teams works around the clock to deliver, breaking news and news Briefings to you on a daily basis. It is our opinion that sometimes you need information, not speculation so we try to cut through the bull**** and give you that in your Daily News Briefing.

Germany’s Bundestag is poised to vote on a significant fiscal package that proposes amendments to longstanding debt policies, aiming to facilitate increased defence spending and establish a €500 billion infrastructure and climate fund.

The vote is seen as a response to Russia’s advances in Ukraine as the United States makes clear Europe can no longer rely on US protection from Russia.

Supporters of lifting the debt restrictions to boost defence spending say it’s essential for European security but there is also opposition. The decision could influence broader European defence initiatives, like the EU’s proposed €800 billion ReArm Europe fund.

Read More

Conservative Party leader Kemi Badenoch has said the UK’s 2050 net zero target, a legally binding commitment established by a previous Conservative government, is “impossible.” Badenoch argued that achieving net zero by 2050 would necessitate “a serious drop in our living standards or by bankrupting us,” but did not offer an alternative plan.

Read More

The UK government is set to announce significant welfare reforms today, aiming to reduce welfare spending by approximately £5 billion annually. These measures are part of an effort to address rising welfare costs, which are projected to surpass £100 billion by 2030.

Almost all the UK newspapers lead on the story, focusing on different angles from political turmoil within the party, to potentially pushing the poor into poverty.

Read More

Cliff Notes Climate change is significantly impacting cocoa farmers in Indonesia, causing reduced yields due to hotter weather and longer rainy seasons that foster disease and pest infestations. As a result, many farmers are switching to other crops, further tightening cocoa supply and driving prices to record highs. Collaboration between farmers and organisations like Krakakoa has improved cocoa farming practices in Indonesia, with interventions including training on pruning, grafting, and the use of organic fertilizers.…

Read More

Cliff Notes – Senate Democrats confront limits of their minority power After a challenging 10-week period, Senate Democrats are facing significant internal strife and criticism over their strategy to counter President Trump. The fallout from Schumer’s vote has led to swift backlash from both activists and House Democrats, who emphasized their non-complicity with the bill. Democrats face a bleak political landscape with looming retirements in key swing states, raising concerns regarding their ability to effectively…

Read More

Cliff Notes Dr. Mehmet Oz known as Dr. Oz is heading to Washington to fix America’s health insurance programs He was nominated by President Trump fix America’s health insurance programs. Democrats are likely to challenge Oz on allegations of tax avoidance, citing his tax filings which allegedly reveal that he exploited a loophole to underpay taxes related to Medicare. With a net worth estimated between $100 million and $300 million, Oz has pledged to divest…

Read More