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2026-10-12T18:03:00.000Z

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Shell divests Nigeria gas assets

الاقتصاديةالاقتصاديةالاقتصادية
Recently2026-10-13T20:50:00.000Z
Shell divests Nigeria gas assets

Airlines suspend flights to Riyadh

اقتصاداقتصاداقتصاد
5 Hrs2026-10-13T14:22:25.000Z
Airlines suspend flights to Riyadh

European stocks hit one-week peak

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6 Hrs2026-10-13T14:01:00.000Z
European stocks hit one-week peak

Tencent Raises $4.5B via Offshore Bonds

الاقتصاديةالاقتصاديةالاقتصادية
9 Hrs2026-10-13T11:02:00.000Z
Tencent Raises $4.5B via Offshore Bonds

Oil dips on Russian diesel concerns

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10 Hrs2026-10-13T09:31:00.000Z
Oil dips on Russian diesel concerns
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Trump's $1.2 Trillion Pledge and Midterms

Trump's $1.2 Trillion Pledge and Midterms

The article reports that former U.S. President Donald Trump pledged to distribute $5,000 to every adult citizen in the United States if the Republican Party wins both the House of Representatives and the Senate in the midterm elections. The estimated cost of this promise amounts to about $1.2 trillion, a figure that exceeds the defense budget for fiscal year 2026 and would significantly increase the government deficit. Although the announced funding is supposedly based on revenue from tariffs, these revenues are insufficient to cover the distributions, especially after the Supreme Court’s decision to halt some tariffs. Polls show a decline in voter confidence regarding the implementation of this promise, as a large portion of the public doubts the ability to actually issue the checks. The promise has also become entangled in debates over whether it is a political move to buy votes and questions about how sustainable its financial cost truly is.

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