Pakistan is making another attempt to privatize Pakistan International Airlines (PIA), offering up to 100% ownership and management control with a bidding window open until June 2025. To attract buyers, the government is providing incentives like tax exemptions and balance sheet support after previous attempts failed due to debt concerns.
China, a major plastics producer, might waive tariffs on US petrochemical feedstocks like ethane and LPG if trade talks progress favourably, according to Goldman Sachs. These materials previously had waivers in 2018. The US-China trade conflict has hit China's plastics industry, which relies on US supplies. Trade flows have shifted, with US LPG cargoes being rerouted.
President Trump has directed the Justice Department, led by Attorney General Pam Bondi, to investigate ActBlue, the Democratic Party's fundraising platform, over alleged illegal campaign donations. Democrats have condemned the move as an oppressive use of power and an attack on democracy. ActBlue pledges to fight the order legally.
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A federal judge has blocked the Trump administration's attempt to add a proof-of-citizenship requirement to the federal voter registration form, deeming it unconstitutional. The judge sided with voting rights groups, asserting that states and Congress hold the power to regulate federal elections, not the president.
