Bill Amid

Legislative change backed by libertarian president makes it easier to extract metals in frozen parts of the AndesArgentina’s congress has approved a bill promoted by the libertarian president, Javier Milei, that authorises mining in ecologically sensitive areas of glaciers and permafrost, and has outraged environmentalists.The amendment to the so-called glacier law, which was already approved by the senate in February, would make it easier to mine for metals such as copper, lithium and silver in frozen parts of the Andes mountains. Continue reading...

• Blackstone closed a $10 billion opportunistic private credit fund on April 8, 2026, reaching its hard cap target despite ongoing capital outflows in the sector. • The fund's successful close highlights Blackstone's strength in private credit as investors remain cautious due to market volatility and higher interest rates. • This deal underscores the resilience of top alternative asset managers in attracting institutional capital amid broader private credit struggles.

• OpenAI secured $122 billion in funding, achieving an $852 billion valuation while advancing toward an AI superapp. • The massive round fuels rapid growth and preparations for a potential IPO in the US market. • This positions OpenAI as a dominant force in AI innovation, attracting top talent and resources.

• JPMorgan Chase authorized a $5 billion share repurchase program, effective immediately, following a strong first quarter in which net income exceeded $6.2 billion and return on equity reached 15.3%. • CEO Jamie Dimon stated that the buyback reflects management confidence in the bank's capital position and long-term earnings trajectory despite macroeconomic headwinds. • The announcement signals investor-friendly capital allocation policies among major financial institutions, supporting bank stock valuations and demonstrating the sector's resilience amid ongoing rate cut speculation.

• The Senate voted early Friday morning to approve a Department of Homeland Security funding bill that excludes funding for Immigration and Customs Enforcement (ICE) and portions of U.S. Customs and Border Protection (CBP), ending weeks of stalled negotiations. • Republicans indicated they plan to fund immigration enforcement agencies through a separate reconciliation bill in fiscal 2027, bypassing the normal appropriations process and relying solely on GOP votes. • The Senate-passed measure faces significant obstacles in the House, where hardline conservatives have already signaled opposition, threatening to extend the DHS shutdown beyond its current five-week duration.

• The U.S. House of Representatives passed legislation Thursday, March 26, 2026, to end the Department of Homeland Security (DHS) shutdown, marking the third such attempt in two months after funding lapsed nearly six weeks ago. • The bill aims to restore operations but faces uncertain prospects in the Senate, unlikely to immediately resolve the prolonged funding crisis affecting border security and immigration enforcement. • This repeated House action underscores deepening partisan divides on federal spending priorities during a critical period for national security infrastructure.

• Representative Alexandria Ocasio-Cortez and Senator Bernie Sanders introduced legislation Wednesday to pause new data centers in the United States until national safeguards are established for worker protection, consumer safety, and environmental impact. • A typical AI-focused data center consumes as much electricity as 100,000 households, contributing to record U.S. electricity consumption hit in 2024 that is expected to continue rising as data centers expand. • The bill is unlikely to advance in either chamber but signals deep progressive concerns about AI infrastructure's rapid expansion and its effects on working families, democracy, and technology equity.

• NASA announced a $20 billion moonbase initiative on March 25, 2026, as part of expanded lunar exploration plans. • Simultaneously, unprecedented wildfires ravaged Colorado, Great Plains, and Nebraska, with one fire scorching over 600,000 acres (240,000 hectares) in days. • The blazes highlight escalating climate-driven fire risks in the US West and Midwest.

Party intends to craft a bill using the reconciliation procedure, which will allow it to circumvent the Senate filibusterUS politics live – latest updatesSign up for the Breaking News US newsletter emailSenate Republicans on Wednesday announced plans to begin a unilateral push for legislation that may include funding for Donald Trump’s war with Iran and Immigration and Customs Enforcement (ICE), while also including elements of a voter ID bill that is a priority of the party’s right wing.The legislative effort – which could take weeks to play out and has no guarantee of success – comes amid a protracted standoff with Democrats over the partial shutdown of the Department of Homeland Security (DHS), which has led to lengthy lines at Transportation Security Administration (TSA) checkpoints at some airports. Continue reading...

PM indicates he would prefer to focus taxpayer-funded help on poorest households, rather than universal bailoutMinisters are looking at providing support for household bills next winter, Keir Starmer said, as he suggested the energy price shock unleashed by the Iran conflict could continue for months to come.The prime minister indicated he would prefer to focus any taxpayer-funded help on the poorest households, rather than an expensive universal bailout, ahead of an emergency meeting on the economic fallout of the Middle East crisis. Continue reading...

Consultancy’s forecast of £1,972 annual dual fuel bill follows conflict pushing UK’s gas market past three-year highsBusiness live – latest updatesHousehold energy bills in Great Britain could soar by more than £330 a year to almost £2,000 from this summer after the war in Iran pushed the UK’s gas market past three-year highs.A typical combined household gas and electricity bill is now forecast to reach £1,972 a year from July under the UK government’s quarterly price cap, according to analysis by Cornwall Insight, an energy consultancy. Continue reading...

• The U.S. House Agriculture Committee approved the Farm, Food, and National Security Act of 2026 on March 5 in a 34-17 vote after a 20-hour markup session. • GOP-proposed cuts to SNAP nutrition programs sparked partisan disputes, with Rep. Angie Craig warning they 'jeopardize the path forward for this bill.' • The 802-page bill sets policy and funding for food, agriculture, and conservation programs over five years, but faces hurdles needing Democratic support in the Senate's 60-vote threshold.

Poland's President Andrzej Duda vetoed legislation on March 14, 2026, blocking access to nearly €44 billion in EU defense loans, escalating tensions with his government. The move comes amid broader EU-US friction over Ukraine support and Middle East conflicts. Critics argue it weakens collective defense as Russia benefits from lifted sanctions. Warsaw anticipates legal challenges and potential EU funding cuts.

Warner Bros' films *One Battle After Another* and *Sinners* are favored for major wins at the 2026 Oscars this weekend, positioning the studio for success despite looming takeover plans. The proposed $110 billion Paramount-Skydance merger, subject to regulatory reviews, threatens Hollywood stability by consolidating two legacy studios and risking job losses. Teamsters president Sean M. O'Brien warned, 'This merger threatens the livelihoods of workers who built these studios.' Industry figures like JJ Abrams describe the atmosphere as 'shaky and unsettled,' with attention now turning post-ceremony.