- Home
- Articles
- Finance & Economics
- 2025
- October
Finance & Economics News
FEMA denies Maryland’s appeal for flood aid to Allegany and Garrett counties
The Federal Emergency Management Agency has again denied Maryland’s request for federal disaster relief following the devastating floods that struck Allegany and Garrett counties in May. The decision, which also rejected an appeal filed by Governor Wes Moore, leaves residents and local governments in the state’s western panhandle without anticipated federal recovery funding. The flooding caused extensive damage to homes, roads, and public infrastructure, prompting state and loca
FEMA denies Maryland’s appeal for flood aid to Allegany and Garrett counties
The Federal Emergency Management Agency has again denied Maryland’s request for federal disaster relief following the devastating floods that struck Allegany and Garrett counties in May. The decision, which also rejected an appeal filed by Governor Wes Moore, leaves residents and local governments in the state’s western panhandle without anticipated federal recovery funding. The flooding caused extensive damage to homes, roads, and public infrastructure, prompting state and loca
Trump sanctions Russian oil giants Rosneft and Lukoil amid Ukraine war escalation
In a significant policy reversal, U.S. President Donald Trump has imposed sweeping sanctions on Russia’s two largest oil producers, Rosneft and Lukoil, marking one of the most consequential economic measures against Moscow since the escalation of the war in Ukraine. The decision immediately triggered a 5% surge in global oil prices and prompted India, one of Russia’s biggest energy buyers, to reconsider its import strategy. The sanctions, announced on Wednesday, target companies
Trump sanctions Russian oil giants Rosneft and Lukoil amid Ukraine war escalation
In a significant policy reversal, U.S. President Donald Trump has imposed sweeping sanctions on Russia’s two largest oil producers, Rosneft and Lukoil, marking one of the most consequential economic measures against Moscow since the escalation of the war in Ukraine. The decision immediately triggered a 5% surge in global oil prices and prompted India, one of Russia’s biggest energy buyers, to reconsider its import strategy. The sanctions, announced on Wednesday, target companies







