India–US trade deal: Doval warns Washington against pressure tactics
India’s national security advisor Ajit Doval conveyed a firm message to senior United States officials months before the announcement of a new trade agreement between New Delhi and Washington, underscoring that India would not yield to public pressure or coercive tactics during negotiations. According to officials familiar with the discussions, Doval made it clear during meetings in Washington that India was prepared to wait out the current US administration if necessary rather than accept terms it viewed as unfavorable. The visit took place in early September, shortly after Prime Minister Narendra Modi held talks with Russian President Vladimir Putin and Chinese President Xi Jinping, signaling an active diplomatic phase for New Delhi across major global powers. During his interaction with US Secretary of State Marco Rubio, Doval reportedly emphasized that while India remained committed to reviving trade talks, it expected a more measured tone from Washington and less public criticism that could complicate bilateral ties. Officials said Doval sought to put recent acrimony behind the two countries and expressed interest in restarting substantive discussions on a trade deal that has been under negotiation for several years. At the same time, he warned that India would not be “bullied” by President Donald Trump or senior members of his team, stressing that any agreement must respect India’s economic interests and strategic autonomy. The remarks came months before Trump publicly announced progress on a trade deal with India following a phone call with Modi on February 2. That announcement marked a fresh attempt by both sides to rebuild momentum in economic cooperation after a period marked by tariff disputes and disagreements over market access. Diplomatic observers note that India’s approach reflects a broader foreign policy strategy that balances engagement with firmness. By signaling willingness to continue talks while resisting overt pressure, New Delhi appears intent on safeguarding domestic priorities while preserving its long-term partnership with Washington. The United States remains one of India’s largest trading partners, and both governments view closer economic integration as central to strengthening strategic ties in the Indo-Pacific. The Washington meeting is seen as part of quiet backchannel diplomacy aimed at lowering tensions and creating space for practical negotiations. With both sides now indicating readiness to resume dialogue, officials say the focus will be on rebuilding trust and advancing a mutually beneficial trade framework that supports growth and stability in the relationship.
India–US trade deal: Doval warns Washington against pressure tactics
India’s national security advisor Ajit Doval conveyed a firm message to senior United States officials months before the announcement of a new trade agreement between New Delhi and Washington, underscoring that India would not yield to public pressure or coercive tactics during negotiations. According to officials familiar with the discussions, Doval made it clear during meetings in Washington that India was prepared to wait out the current US administration if necessary rather than accept terms it viewed as unfavorable. The visit took place in early September, shortly after Prime Minister Narendra Modi held talks with Russian President Vladimir Putin and Chinese President Xi Jinping, signaling an active diplomatic phase for New Delhi across major global powers. During his interaction with US Secretary of State Marco Rubio, Doval reportedly emphasized that while India remained committed to reviving trade talks, it expected a more measured tone from Washington and less public criticism that could complicate bilateral ties. Officials said Doval sought to put recent acrimony behind the two countries and expressed interest in restarting substantive discussions on a trade deal that has been under negotiation for several years. At the same time, he warned that India would not be “bullied” by President Donald Trump or senior members of his team, stressing that any agreement must respect India’s economic interests and strategic autonomy. The remarks came months before Trump publicly announced progress on a trade deal with India following a phone call with Modi on February 2. That announcement marked a fresh attempt by both sides to rebuild momentum in economic cooperation after a period marked by tariff disputes and disagreements over market access. Diplomatic observers note that India’s approach reflects a broader foreign policy strategy that balances engagement with firmness. By signaling willingness to continue talks while resisting overt pressure, New Delhi appears intent on safeguarding domestic priorities while preserving its long-term partnership with Washington. The United States remains one of India’s largest trading partners, and both governments view closer economic integration as central to strengthening strategic ties in the Indo-Pacific. The Washington meeting is seen as part of quiet backchannel diplomacy aimed at lowering tensions and creating space for practical negotiations. With both sides now indicating readiness to resume dialogue, officials say the focus will be on rebuilding trust and advancing a mutually beneficial trade framework that supports growth and stability in the relationship.
Former BrewDog Franklinton bar listed for lease as turnkey restaurant space
A former BrewDog bar in Columbus’ Franklinton neighborhood has been placed on the leasing market, opening the door for a new operator to take over the high-profile space weeks after the Scotland-based brewery closed the location as part of a broader pullback in the city. Roth Real Estate Group is marketing the freestanding property at 463 W. Town St. as a turnkey opportunity for a restaurant, cafe, brewery, bar or creative retail concept. The building offers more than 4,900 square
Former BrewDog Franklinton bar listed for lease as turnkey restaurant space
A former BrewDog bar in Columbus’ Franklinton neighborhood has been placed on the leasing market, opening the door for a new operator to take over the high-profile space weeks after the Scotland-based brewery closed the location as part of a broader pullback in the city. Roth Real Estate Group is marketing the freestanding property at 463 W. Town St. as a turnkey opportunity for a restaurant, cafe, brewery, bar or creative retail concept. The building offers more than 4,900 square
February forecast shows warming trend for U.S. after weeks of winter cold
After several weeks of persistent cold and widespread winter hazards, weather conditions across much of the United States are beginning to moderate as the overall atmospheric pattern shifts. Forecasters report that a strengthening ridge of high pressure is developing over large portions of the country, allowing milder air masses to advance northward and gradually replace the Arctic air that dominated January. The transition marks the first broad return to above-average temperatures in weeks a
February forecast shows warming trend for U.S. after weeks of winter cold
After several weeks of persistent cold and widespread winter hazards, weather conditions across much of the United States are beginning to moderate as the overall atmospheric pattern shifts. Forecasters report that a strengthening ridge of high pressure is developing over large portions of the country, allowing milder air masses to advance northward and gradually replace the Arctic air that dominated January. The transition marks the first broad return to above-average temperatures in weeks a
Six Flags Great Adventure to hire 3,000 seasonal workers for 2026 season
Six Flags Great Adventure has announced plans to hire more than 3,000 part-time and seasonal employees as it prepares for the launch of its 2026 operating season, offering thousands of job opportunities for students, first-time workers, and those seeking additional summer income. The New Jersey theme park confirmed that its season will officially begin on March 28, with hiring efforts starting well in advance to ensure adequate staffing across attractions, guest services, entertainment, and o
Six Flags Great Adventure to hire 3,000 seasonal workers for 2026 season
Six Flags Great Adventure has announced plans to hire more than 3,000 part-time and seasonal employees as it prepares for the launch of its 2026 operating season, offering thousands of job opportunities for students, first-time workers, and those seeking additional summer income. The New Jersey theme park confirmed that its season will officially begin on March 28, with hiring efforts starting well in advance to ensure adequate staffing across attractions, guest services, entertainment, and o
Russia questions India’s pledge to stop Russian crude after U.S. tariff agreement
Russia has said it has not received any official confirmation from India that the country plans to halt purchases of Russian oil, a day after U.S. President Donald Trump claimed New Delhi agreed to scale back those imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow had yet to hear directly from Indian authorities regarding any change in energy flows. While acknowledging the evolving relationship between the United States a
Russia questions India’s pledge to stop Russian crude after U.S. tariff agreement
Russia has said it has not received any official confirmation from India that the country plans to halt purchases of Russian oil, a day after U.S. President Donald Trump claimed New Delhi agreed to scale back those imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow had yet to hear directly from Indian authorities regarding any change in energy flows. While acknowledging the evolving relationship between the United States a
US and China leaders hold extensive talks on oil, agriculture, and Taiwan issues
US President Donald Trump held an extended telephone conversation with Chinese President Xi Jinping on Wednesday, engaging in wide-ranging discussions that touched on trade ties, energy cooperation, agricultural purchases, and several pressing geopolitical concerns, according to remarks shared by the American leader. Posting about the exchange on his social media platform, Trump described the dialogue as “excellent,” emphasizing that the call was both lengthy and substantive. He
US and China leaders hold extensive talks on oil, agriculture, and Taiwan issues
US President Donald Trump held an extended telephone conversation with Chinese President Xi Jinping on Wednesday, engaging in wide-ranging discussions that touched on trade ties, energy cooperation, agricultural purchases, and several pressing geopolitical concerns, according to remarks shared by the American leader. Posting about the exchange on his social media platform, Trump described the dialogue as “excellent,” emphasizing that the call was both lengthy and substantive. He
Turkish Airlines flight makes emergency diversion after engine fire near Kathmandu
A Turkish Airlines passenger aircraft carrying 236 people was forced to divert and make an emergency landing on Wednesday afternoon after its right engine caught fire shortly after takeoff from Tribhuvan International Airport in Kathmandu, officials confirmed. The incident triggered a brief operational halt at the airport and prompted swift coordination between air traffic control and emergency services to ensure the safety of everyone onboard. The wide-body Airbus A330-303, operati
Turkish Airlines flight makes emergency diversion after engine fire near Kathmandu
A Turkish Airlines passenger aircraft carrying 236 people was forced to divert and make an emergency landing on Wednesday afternoon after its right engine caught fire shortly after takeoff from Tribhuvan International Airport in Kathmandu, officials confirmed. The incident triggered a brief operational halt at the airport and prompted swift coordination between air traffic control and emergency services to ensure the safety of everyone onboard. The wide-body Airbus A330-303, operati
TDP MP Krishna Prasad Tenneti Goes Viral for Strong Stand in Parliament
The Telugu Desam Party once again found itself at the centre of national attention after one of its newly elected Members of Parliament delivered a commanding performance in the Lok Sabha. Krishna Prasad Tenneti, a first-time MP from Bapatla, went viral on social media after firmly handling a tense situation on the floor of Parliament. The incident highlighted the party’s long-standing tradition o
TDP MP Krishna Prasad Tenneti Goes Viral for Strong Stand in Parliament
The Telugu Desam Party once again found itself at the centre of national attention after one of its newly elected Members of Parliament delivered a commanding performance in the Lok Sabha. Krishna Prasad Tenneti, a first-time MP from Bapatla, went viral on social media after firmly handling a tense situation on the floor of Parliament. The incident highlighted the party’s long-standing tradition o
Lunar Blood Moon Eclipse 2026: Date, Time In India, USA & How To Watch
The March 3, 2026 Lunar Eclipse will be a Total Lunar Eclipse, often called a Blood Moon because the Moon turns deep red during totality. This happens when the Earth moves directly between the Sun and the Moon, casting its shadow completely over the Moon. According to NASA, the red color appears because Earth’s atmosphere filters sunligh
Lunar Blood Moon Eclipse 2026: Date, Time In India, USA & How To Watch
The March 3, 2026 Lunar Eclipse will be a Total Lunar Eclipse, often called a Blood Moon because the Moon turns deep red during totality. This happens when the Earth moves directly between the Sun and the Moon, casting its shadow completely over the Moon. According to NASA, the red color appears because Earth’s atmosphere filters sunligh
Historic Moment: Mamata Banerjee Argues Case in Supreme Court
For the first time in Indian history, a sitting Chief Minister will argue a case in the Supreme Court. Mamata Banerjee, the Chief Minister of West Bengal, is set to make history by appearing in person to argue a case before the country’s highest court. The case involves the Special Intensive Revision (SIR) of electoral rolls in West Bengal, a topic that has stirred significant political debate in the state. Mamata Banerjee’s appearance in the Supreme Court as a "party in person"
Historic Moment: Mamata Banerjee Argues Case in Supreme Court
For the first time in Indian history, a sitting Chief Minister will argue a case in the Supreme Court. Mamata Banerjee, the Chief Minister of West Bengal, is set to make history by appearing in person to argue a case before the country’s highest court. The case involves the Special Intensive Revision (SIR) of electoral rolls in West Bengal, a topic that has stirred significant political debate in the state. Mamata Banerjee’s appearance in the Supreme Court as a "party in person"
Big Day in AP Politics: Chandrababu Naidu, Pawan Kalyan, and YS Jagan Make Major Moves
February 4, 2026, is shaping up to be a critical day in Andhra Pradesh politics with significant developments involving top political figures in the state. A high-profile meeting between Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan is expected to make waves as the two leaders convene to discuss several pressing political issues. This meeting is anticipated to cover important topics such as the ongoing Tirumala Laddu controversy and the political exchanges between th
Big Day in AP Politics: Chandrababu Naidu, Pawan Kalyan, and YS Jagan Make Major Moves
February 4, 2026, is shaping up to be a critical day in Andhra Pradesh politics with significant developments involving top political figures in the state. A high-profile meeting between Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan is expected to make waves as the two leaders convene to discuss several pressing political issues. This meeting is anticipated to cover important topics such as the ongoing Tirumala Laddu controversy and the political exchanges between th
Tragic Deaths of Three Ghaziabad Sisters Linked to Korean Gaming App Addiction
The tragic deaths of three sisters in Ghaziabad, Uttar Pradesh, have raised serious concerns about the influence of online gaming on young minds. The sisters, aged 12, 14, and 16, tragically ended their lives by jumping from the ninth floor of their residential building in the early hours of February 4, 2026. The girls were reportedly addicted to a task-based Korean gaming app, which assigned them a series of challenges to complete. According to their father, Chetan Kumar, he had no knowledge
Tragic Deaths of Three Ghaziabad Sisters Linked to Korean Gaming App Addiction
The tragic deaths of three sisters in Ghaziabad, Uttar Pradesh, have raised serious concerns about the influence of online gaming on young minds. The sisters, aged 12, 14, and 16, tragically ended their lives by jumping from the ninth floor of their residential building in the early hours of February 4, 2026. The girls were reportedly addicted to a task-based Korean gaming app, which assigned them a series of challenges to complete. According to their father, Chetan Kumar, he had no knowledge
Federal and Dallas officials outline joint crackdown on violent crime
Federal and local law enforcement leaders gathered Tuesday morning in Dallas to present a unified strategy aimed at addressing violent crime across the city and surrounding North Texas communities. The briefing, led by representatives from the Department of Justice and several investigative agencies, outlined ongoing enforcement efforts and emphasized closer coordination among federal, state and local authorities to disrupt criminal networks and improve public safety. Ryan Raybould, the United States Attorney for the Northern District of Texas, opened the press conference by describing violent crime as a top priority for federal prosecutors. He said the Justice Department is working alongside regional partners to pursue cases involving firearms offenses, drug trafficking, organized crime and repeat offenders. According to Raybould, combining investigative resources and intelligence-sharing has already strengthened cases brought before federal courts and increased the likelihood of long-term sentences for individuals responsible for serious offenses. Senior officials from multiple agencies attended the event, including Brian Garner, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives in Dallas; Joseph Tucker, Special Agent in Charge of the Drug Enforcement Administration; Jeremy Wright, Assistant Special Agent in Charge of the Federal Bureau of Investigation; Travis Pickard, Special Agent in Charge of Homeland Security Investigations; Christopher Altemus, Special Agent in Charge of IRS Criminal Investigation; and Major Eric Wilson of the Texas Department of Public Safety’s North Texas Criminal Investigation Division. Each agency highlighted its specific role in combating crime, from targeting illegal firearms and narcotics distribution to tracing financial crimes and dismantling trafficking operations. Garner said the ATF continues to focus on removing illegal guns from the streets and investigating firearm-related violence. Tucker noted that the DEA has increased operations against drug supply chains that often contribute to violent incidents, while Wright emphasized the FBI’s work in intelligence coordination and complex investigations involving gangs and organized groups. Pickard described HSI’s efforts to disrupt cross-border smuggling and related criminal enterprises, and Altemus explained how financial investigations conducted by IRS-CI help uncover money laundering tied to illegal activities. Dallas Police Chief Daniel Comeaux underscored the importance of partnerships between federal agents and local officers, calling collaboration essential to responding quickly to emerging threats. He said the department has seen benefits from joint task forces that allow investigators to share data and conduct targeted enforcement in neighborhoods experiencing higher crime rates. Officials said these efforts are intended not only to make arrests but also to deter future offenses and restore confidence among residents. Throughout the briefing, leaders stressed that sustained cooperation, combined with community engagement, remains central to their approach. They said continued operations, coordinated raids and prosecution strategies will aim to reduce violence, hold offenders accountable and improve safety across Dallas and the wider Texas region.
Federal and Dallas officials outline joint crackdown on violent crime
Federal and local law enforcement leaders gathered Tuesday morning in Dallas to present a unified strategy aimed at addressing violent crime across the city and surrounding North Texas communities. The briefing, led by representatives from the Department of Justice and several investigative agencies, outlined ongoing enforcement efforts and emphasized closer coordination among federal, state and local authorities to disrupt criminal networks and improve public safety. Ryan Raybould, the United States Attorney for the Northern District of Texas, opened the press conference by describing violent crime as a top priority for federal prosecutors. He said the Justice Department is working alongside regional partners to pursue cases involving firearms offenses, drug trafficking, organized crime and repeat offenders. According to Raybould, combining investigative resources and intelligence-sharing has already strengthened cases brought before federal courts and increased the likelihood of long-term sentences for individuals responsible for serious offenses. Senior officials from multiple agencies attended the event, including Brian Garner, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives in Dallas; Joseph Tucker, Special Agent in Charge of the Drug Enforcement Administration; Jeremy Wright, Assistant Special Agent in Charge of the Federal Bureau of Investigation; Travis Pickard, Special Agent in Charge of Homeland Security Investigations; Christopher Altemus, Special Agent in Charge of IRS Criminal Investigation; and Major Eric Wilson of the Texas Department of Public Safety’s North Texas Criminal Investigation Division. Each agency highlighted its specific role in combating crime, from targeting illegal firearms and narcotics distribution to tracing financial crimes and dismantling trafficking operations. Garner said the ATF continues to focus on removing illegal guns from the streets and investigating firearm-related violence. Tucker noted that the DEA has increased operations against drug supply chains that often contribute to violent incidents, while Wright emphasized the FBI’s work in intelligence coordination and complex investigations involving gangs and organized groups. Pickard described HSI’s efforts to disrupt cross-border smuggling and related criminal enterprises, and Altemus explained how financial investigations conducted by IRS-CI help uncover money laundering tied to illegal activities. Dallas Police Chief Daniel Comeaux underscored the importance of partnerships between federal agents and local officers, calling collaboration essential to responding quickly to emerging threats. He said the department has seen benefits from joint task forces that allow investigators to share data and conduct targeted enforcement in neighborhoods experiencing higher crime rates. Officials said these efforts are intended not only to make arrests but also to deter future offenses and restore confidence among residents. Throughout the briefing, leaders stressed that sustained cooperation, combined with community engagement, remains central to their approach. They said continued operations, coordinated raids and prosecution strategies will aim to reduce violence, hold offenders accountable and improve safety across Dallas and the wider Texas region.
Potomac river freezes as police warn D.C. residents about deadly ice danger
WASHINGTON — A prolonged stretch of frigid temperatures has gripped the Washington, D.C., region, leaving portions of the Potomac River covered in ice and prompting renewed safety warnings from local authorities who say the frozen surface is far more dangerous than it appears. Officials report that the recent cold snap has caused sections of the river near the Georgetown waterfront to freeze over, creating the illusion of a solid walking surface. Police say they have already recei
Potomac river freezes as police warn D.C. residents about deadly ice danger
WASHINGTON — A prolonged stretch of frigid temperatures has gripped the Washington, D.C., region, leaving portions of the Potomac River covered in ice and prompting renewed safety warnings from local authorities who say the frozen surface is far more dangerous than it appears. Officials report that the recent cold snap has caused sections of the river near the Georgetown waterfront to freeze over, creating the illusion of a solid walking surface. Police say they have already recei
Six U.S. Cities Selected to Host Soccer Matches for LA 2028 Olympics
Organizers of the 2028 Summer Olympics in Los Angeles have confirmed that six cities across the United States will host soccer matches, expanding the tournament’s footprint well beyond Southern California and reinforcing the event’s national reach. The decision distributes group stage games among established soccer markets and utilizes existing Major League Soccer stadiums, a strategy officials say will help streamline logistics while showcasing top-tier facilities. According to the LA 2028 organizing committee, group stage matches will take place in New York City; Columbus, Ohio; Nashville, Tennessee; St. Louis, Missouri; and the California cities of San Diego and San Jose. Each location features modern venues regularly used for professional soccer, ensuring that teams and spectators benefit from infrastructure already designed for high-level competition. LA 2028 chief executive Reynold Hoover presented the plan to members of the International Olympic Committee, emphasizing that the Games will rely on “premier existing Major League Soccer stadiums” rather than building new facilities. Organizers view the approach as both cost-effective and sustainable, aligning with broader Olympic goals to reduce construction and environmental impact while maximizing the use of current venues. While early-round matches will be spread across the country, later stages of the tournament will return to the Los Angeles region. The historic Rose Bowl in Pasadena has already been confirmed as the site for knockout and medal games. The stadium, one of the most recognizable sports venues in the United States, has hosted major international soccer events in the past and is expected to serve as a centerpiece of the Olympic football schedule. By distributing games among multiple cities, organizers aim to engage fans nationwide and create broader economic benefits for host communities. Local officials in the selected markets anticipate increased tourism, hotel bookings, and related spending during the Games, as well as opportunities to promote youth soccer and grassroots participation. The expanded venue plan also reflects soccer’s growing popularity in the United States, where MLS stadiums have become key hubs for both domestic and international matches. With the Olympic spotlight set to fall on these cities in 2028, organizers believe the strategy will deliver a high-quality tournament experience while bringing the spirit of the Games to audiences across the country.
Six U.S. Cities Selected to Host Soccer Matches for LA 2028 Olympics
Organizers of the 2028 Summer Olympics in Los Angeles have confirmed that six cities across the United States will host soccer matches, expanding the tournament’s footprint well beyond Southern California and reinforcing the event’s national reach. The decision distributes group stage games among established soccer markets and utilizes existing Major League Soccer stadiums, a strategy officials say will help streamline logistics while showcasing top-tier facilities. According to the LA 2028 organizing committee, group stage matches will take place in New York City; Columbus, Ohio; Nashville, Tennessee; St. Louis, Missouri; and the California cities of San Diego and San Jose. Each location features modern venues regularly used for professional soccer, ensuring that teams and spectators benefit from infrastructure already designed for high-level competition. LA 2028 chief executive Reynold Hoover presented the plan to members of the International Olympic Committee, emphasizing that the Games will rely on “premier existing Major League Soccer stadiums” rather than building new facilities. Organizers view the approach as both cost-effective and sustainable, aligning with broader Olympic goals to reduce construction and environmental impact while maximizing the use of current venues. While early-round matches will be spread across the country, later stages of the tournament will return to the Los Angeles region. The historic Rose Bowl in Pasadena has already been confirmed as the site for knockout and medal games. The stadium, one of the most recognizable sports venues in the United States, has hosted major international soccer events in the past and is expected to serve as a centerpiece of the Olympic football schedule. By distributing games among multiple cities, organizers aim to engage fans nationwide and create broader economic benefits for host communities. Local officials in the selected markets anticipate increased tourism, hotel bookings, and related spending during the Games, as well as opportunities to promote youth soccer and grassroots participation. The expanded venue plan also reflects soccer’s growing popularity in the United States, where MLS stadiums have become key hubs for both domestic and international matches. With the Olympic spotlight set to fall on these cities in 2028, organizers believe the strategy will deliver a high-quality tournament experience while bringing the spirit of the Games to audiences across the country.
Green card holders barred from SBA small business loans under new US rules
Green card holders will no longer be eligible for government-backed small business loans in the United States beginning March 1, 2026, following a policy change by the US Small Business Administration that tightens citizenship and residency requirements for borrowers. The revised rules limit access to key SBA lending programs exclusively to US citizens and nationals who maintain their principal residence within the country or its territories, effectively barring lawful permanent residents from participation. According to an official policy notice issued in early February, the agency updated its Standard Operating Procedure 50 10 8, the framework that governs lender and development company loan programs. The revision rescinds earlier procedural guidance that permitted limited ownership by foreign nationals or certain residents living outside the United States. Under the new language, every direct and indirect owner of a small business applicant must meet the citizenship criteria. The SBA said the updated rules require 100 percent of ownership interests in any applicant or borrowing entity to be held by eligible US citizens or nationals. As a result, even minority ownership by a legal permanent resident will disqualify a company from receiving SBA-backed financing. The policy applies broadly to applicants, operating companies, and entities tied to the loan structure, leaving little flexibility for mixed-ownership businesses. The change is expected to affect a wide range of small and early-stage firms that rely on SBA loans for working capital, equipment purchases, and expansion. Many startups and family-owned enterprises depend on these lending programs because they offer lower interest rates and government guarantees that make financing more accessible. With the new restrictions in place, businesses that include green card holders among their owners may need to reconsider ownership arrangements or seek alternative sources of credit from private lenders. Agency officials indicated that the revisions align loan eligibility standards with existing federal regulations and a recent executive directive emphasizing stricter residency compliance. The policy will take effect for all new applications submitted on or after the effective date. Existing and prospective borrowers are being advised to review their ownership structures carefully to ensure continued eligibility under the updated requirements. The move marks a significant shift in how federal small business lending programs define qualification, narrowing access to public funds and reshaping the financing landscape for immigrant entrepreneurs. As the implementation date approaches, legal and financial advisers expect increased demand for guidance from affected business owners who must evaluate their options within the new framework.
Green card holders barred from SBA small business loans under new US rules
Green card holders will no longer be eligible for government-backed small business loans in the United States beginning March 1, 2026, following a policy change by the US Small Business Administration that tightens citizenship and residency requirements for borrowers. The revised rules limit access to key SBA lending programs exclusively to US citizens and nationals who maintain their principal residence within the country or its territories, effectively barring lawful permanent residents from participation. According to an official policy notice issued in early February, the agency updated its Standard Operating Procedure 50 10 8, the framework that governs lender and development company loan programs. The revision rescinds earlier procedural guidance that permitted limited ownership by foreign nationals or certain residents living outside the United States. Under the new language, every direct and indirect owner of a small business applicant must meet the citizenship criteria. The SBA said the updated rules require 100 percent of ownership interests in any applicant or borrowing entity to be held by eligible US citizens or nationals. As a result, even minority ownership by a legal permanent resident will disqualify a company from receiving SBA-backed financing. The policy applies broadly to applicants, operating companies, and entities tied to the loan structure, leaving little flexibility for mixed-ownership businesses. The change is expected to affect a wide range of small and early-stage firms that rely on SBA loans for working capital, equipment purchases, and expansion. Many startups and family-owned enterprises depend on these lending programs because they offer lower interest rates and government guarantees that make financing more accessible. With the new restrictions in place, businesses that include green card holders among their owners may need to reconsider ownership arrangements or seek alternative sources of credit from private lenders. Agency officials indicated that the revisions align loan eligibility standards with existing federal regulations and a recent executive directive emphasizing stricter residency compliance. The policy will take effect for all new applications submitted on or after the effective date. Existing and prospective borrowers are being advised to review their ownership structures carefully to ensure continued eligibility under the updated requirements. The move marks a significant shift in how federal small business lending programs define qualification, narrowing access to public funds and reshaping the financing landscape for immigrant entrepreneurs. As the implementation date approaches, legal and financial advisers expect increased demand for guidance from affected business owners who must evaluate their options within the new framework.
House advances funding bill as Johnson averts shutdown
The US House of Representatives moved closer to preventing a government shutdown on Tuesday after Speaker Mike Johnson rallied Republican lawmakers behind a sweeping government funding bill, setting the stage for final passage of legislation designed to keep federal agencies operating through the end of the fiscal year. The procedural victory marked a critical step in advancing the appropriations package and reflected intense negotiations within the Republican conference to maintain unity ahe
House advances funding bill as Johnson averts shutdown
The US House of Representatives moved closer to preventing a government shutdown on Tuesday after Speaker Mike Johnson rallied Republican lawmakers behind a sweeping government funding bill, setting the stage for final passage of legislation designed to keep federal agencies operating through the end of the fiscal year. The procedural victory marked a critical step in advancing the appropriations package and reflected intense negotiations within the Republican conference to maintain unity ahe
Ray Dalio flags risk of capital war as geopolitics unsettle global financial markets
Legendary investor Ray Dalio has cautioned that the global economy is approaching a dangerous tipping point, warning that mounting geopolitical frictions and unstable financial markets could trigger what he describes as a “capital war,” in which nations weaponize money, trade, and investment flows to exert influence over one another. Speaking at the World Governments Summit in Dubai, Dalio said the international system is not yet in such a conflict but is “on the brink,” with conditions that could quickly escalate. He described capital war as a scenario where governments restrict access to markets, impose sanctions, enforce capital controls, or use debt holdings and trade leverage to pressure rivals. According to Dalio, rising mistrust among major economies is increasing the likelihood of these tools being deployed more aggressively. He pointed to growing tensions between the United States and its allies and competitors as a key source of concern. Discussions surrounding Washington’s interest in Greenland, a Danish territory, as well as broader disagreements over trade and security policy, have unsettled investors. Dalio said some European holders of U.S.-denominated assets fear potential sanctions or restrictions, while American policymakers may worry about losing reliable foreign buyers for government debt. European investors have played a significant role in financing U.S. borrowing needs, accounting for a large share of foreign purchases of Treasurys in recent months. Any disruption to those flows could amplify volatility in global markets and increase funding pressures. Dalio noted that “capital, money, matters,” emphasizing that financial interdependence has become both a strength and a vulnerability for the global system. Since returning to office, President Donald Trump has introduced and, at times, rolled back punitive tariffs targeting several trading partners. Those policy shifts have added to market swings and uncertainty. Dalio said similar patterns in the past have often preceded broader economic confrontations, with governments imposing foreign exchange restrictions and tightening controls to protect domestic interests. Drawing parallels with history, he referenced periods leading up to major conflicts, when sanctions and trade barriers intensified rivalries between nations. He suggested that today’s environment could produce comparable strains, particularly in relations between the United States and China, or between the United States and Europe, where trade deficits and capital imbalances remain sensitive issues. Against this backdrop, Dalio reiterated his long-standing view that gold remains an effective hedge during periods of stress. Although prices have fluctuated recently, he said the precious metal continues to serve as a reliable diversifier for portfolios. Rather than focusing on short-term movements, he advised investors, central banks, and sovereign wealth funds to maintain a steady allocation to gold as protection against systemic risk. Ultimately, Dalio urged a disciplined approach to investing, stressing that diversification across assets and regions is the best defense in an increasingly uncertain economic landscape.
Ray Dalio flags risk of capital war as geopolitics unsettle global financial markets
Legendary investor Ray Dalio has cautioned that the global economy is approaching a dangerous tipping point, warning that mounting geopolitical frictions and unstable financial markets could trigger what he describes as a “capital war,” in which nations weaponize money, trade, and investment flows to exert influence over one another. Speaking at the World Governments Summit in Dubai, Dalio said the international system is not yet in such a conflict but is “on the brink,” with conditions that could quickly escalate. He described capital war as a scenario where governments restrict access to markets, impose sanctions, enforce capital controls, or use debt holdings and trade leverage to pressure rivals. According to Dalio, rising mistrust among major economies is increasing the likelihood of these tools being deployed more aggressively. He pointed to growing tensions between the United States and its allies and competitors as a key source of concern. Discussions surrounding Washington’s interest in Greenland, a Danish territory, as well as broader disagreements over trade and security policy, have unsettled investors. Dalio said some European holders of U.S.-denominated assets fear potential sanctions or restrictions, while American policymakers may worry about losing reliable foreign buyers for government debt. European investors have played a significant role in financing U.S. borrowing needs, accounting for a large share of foreign purchases of Treasurys in recent months. Any disruption to those flows could amplify volatility in global markets and increase funding pressures. Dalio noted that “capital, money, matters,” emphasizing that financial interdependence has become both a strength and a vulnerability for the global system. Since returning to office, President Donald Trump has introduced and, at times, rolled back punitive tariffs targeting several trading partners. Those policy shifts have added to market swings and uncertainty. Dalio said similar patterns in the past have often preceded broader economic confrontations, with governments imposing foreign exchange restrictions and tightening controls to protect domestic interests. Drawing parallels with history, he referenced periods leading up to major conflicts, when sanctions and trade barriers intensified rivalries between nations. He suggested that today’s environment could produce comparable strains, particularly in relations between the United States and China, or between the United States and Europe, where trade deficits and capital imbalances remain sensitive issues. Against this backdrop, Dalio reiterated his long-standing view that gold remains an effective hedge during periods of stress. Although prices have fluctuated recently, he said the precious metal continues to serve as a reliable diversifier for portfolios. Rather than focusing on short-term movements, he advised investors, central banks, and sovereign wealth funds to maintain a steady allocation to gold as protection against systemic risk. Ultimately, Dalio urged a disciplined approach to investing, stressing that diversification across assets and regions is the best defense in an increasingly uncertain economic landscape.
Peter Mandelson to quit house of lords amid Epstein file revelations
Peter Mandelson has announced that he will step down from the United Kingdom’s House of Lords following fresh disclosures connecting him to convicted sex offender Jeffrey Epstein, a development that has prompted a government review and renewed scrutiny from law enforcement authorities. The former British ambassador to Washington informed parliamentary officials of his decision to retire from the unelected upper chamber earlier this week. The move was confirmed by the Speaker of th
Peter Mandelson to quit house of lords amid Epstein file revelations
Peter Mandelson has announced that he will step down from the United Kingdom’s House of Lords following fresh disclosures connecting him to convicted sex offender Jeffrey Epstein, a development that has prompted a government review and renewed scrutiny from law enforcement authorities. The former British ambassador to Washington informed parliamentary officials of his decision to retire from the unelected upper chamber earlier this week. The move was confirmed by the Speaker of th
Myanmar earthquake of 5.9 magnitude sends tremors across Kolkata and Bangladesh
A moderate earthquake measuring 5.9 on the Richter scale struck Myanmar late Tuesday evening, sending noticeable tremors across parts of eastern India and neighbouring Bangladesh. The seismic activity, recorded by international monitoring agencies, caused brief panic among residents but did not result in any immediate reports of damage or injuries. According to data released by the European-Mediterranean Seismological Centre (EMSC), the epicentre of the Myanmar quake was located approximately 70 miles east of Akyab. The German Research Centre for Geosciences (GFZ) reported that the earthquake occurred at a shallow depth of 10 kilometres, a factor that often increases the intensity of shaking felt at the surface. The tremors were strong enough to be experienced in several areas of West Bengal, including Kolkata, as well as multiple regions across Bangladesh. Residents living in high-rise buildings and office complexes in Kolkata said they felt buildings sway for a few seconds shortly after 9 pm. Many people temporarily evacuated their homes and workplaces as a precaution. The shaking subsided quickly, and normalcy returned soon after. Authorities confirmed that no structural damage or casualties had been reported at the time of writing. Seismologists noted that this was the third felt earthquake in Myanmar within the past 71 hours, highlighting a period of heightened seismic activity in the region. Experts continue to monitor the situation for possible aftershocks, though no significant follow-up events have been recorded so far. Bangladesh also experienced another tremor earlier the same day. The National Centre for Seismology stated that a separate earthquake of magnitude 4.1 struck the country at a depth of about 150 kilometres. While deeper earthquakes generally produce less surface impact, residents in some districts still reported mild shaking. Scientists explain that earthquakes occur frequently around the globe, with minor seismic events happening roughly every 30 seconds. Most are too weak to be detected without instruments. However, the energy released increases sharply with each step on the logarithmic Richter scale, meaning a 5.9 magnitude quake releases substantially more energy than lower-intensity events. Officials have advised residents to remain alert and follow basic safety protocols during any future tremors. Disaster management teams continue to assess the situation while reassuring the public that there is currently no cause for alarm.
Myanmar earthquake of 5.9 magnitude sends tremors across Kolkata and Bangladesh
A moderate earthquake measuring 5.9 on the Richter scale struck Myanmar late Tuesday evening, sending noticeable tremors across parts of eastern India and neighbouring Bangladesh. The seismic activity, recorded by international monitoring agencies, caused brief panic among residents but did not result in any immediate reports of damage or injuries. According to data released by the European-Mediterranean Seismological Centre (EMSC), the epicentre of the Myanmar quake was located approximately 70 miles east of Akyab. The German Research Centre for Geosciences (GFZ) reported that the earthquake occurred at a shallow depth of 10 kilometres, a factor that often increases the intensity of shaking felt at the surface. The tremors were strong enough to be experienced in several areas of West Bengal, including Kolkata, as well as multiple regions across Bangladesh. Residents living in high-rise buildings and office complexes in Kolkata said they felt buildings sway for a few seconds shortly after 9 pm. Many people temporarily evacuated their homes and workplaces as a precaution. The shaking subsided quickly, and normalcy returned soon after. Authorities confirmed that no structural damage or casualties had been reported at the time of writing. Seismologists noted that this was the third felt earthquake in Myanmar within the past 71 hours, highlighting a period of heightened seismic activity in the region. Experts continue to monitor the situation for possible aftershocks, though no significant follow-up events have been recorded so far. Bangladesh also experienced another tremor earlier the same day. The National Centre for Seismology stated that a separate earthquake of magnitude 4.1 struck the country at a depth of about 150 kilometres. While deeper earthquakes generally produce less surface impact, residents in some districts still reported mild shaking. Scientists explain that earthquakes occur frequently around the globe, with minor seismic events happening roughly every 30 seconds. Most are too weak to be detected without instruments. However, the energy released increases sharply with each step on the logarithmic Richter scale, meaning a 5.9 magnitude quake releases substantially more energy than lower-intensity events. Officials have advised residents to remain alert and follow basic safety protocols during any future tremors. Disaster management teams continue to assess the situation while reassuring the public that there is currently no cause for alarm.









