Latest in Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to US
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Trump cuts financial lifeline for Venezuela's government by ending permit to export oil to US
A permit issued by the United States government allowing energy giant Chevron Corp. to pump and export Venezuelan oil will be terminated this weekABC News - 9h -
Trump to Revoke an Oil License in Venezuela
President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.The New York Times - 6h -
Trump cancels Chevron’s oil licence in Venezuela
Decision to reverse Biden-era ‘concession agreement’ delivers blow to US oil group and Maduro’s sanctioned regimeFinancial Times - 8h -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - 5d -
Producers braced for glut of palm oil after Indonesia curbs exports
Clampdown on exports of used cooking oil squeezes demand from European energy suppliersFinancial Times - 2d -
Trump: ‘Concession Agreement’ with Venezuela will be terminated
President Trump said the Biden-era “Concession Agreement” with Venezuela will be terminated as the country takes too long to take back its deportees. “I am therefore ordering that the ineffective ...The Hill - 10h -
Trump administration pushes on with government cuts amid some signs of pushback
NBC News White House Correspondent Yamiche Alcindor and NBC News Capitol Hill Correspondent Melanie Zanona report on new firings in the federal government as some House Republicans are confronted ...NBC News - 5d -
Deeper government cuts may include 65% reduction at EPA, Trump says
Surrounded by his cabinet, President Trump warned far deeper cuts are coming than the ones imposed so far, including potentially a 65% budget cut at the Environmental Protection Agency, which ...CBS News - 6h -
Oil prices end lower, erasing weekly gains
“A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.MarketWatch - 5d -
Iraq says oil exports from Kurdish region by way of Turkey set to resume
Iraq’s oil ministry has announced the resumption of oil exports from northern Iraq’s semi-autonomous northern Kurdish regionABC News - 4d -
This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout
Lenacapavir, a twice yearly injection that prevents HIV transmission, was named the breakthrough medicine of 2024. But without US foreign aid dollars, its delivery to millions worldwide is under ...Wired - 5d -
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EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - 3d -
Oil prices end higher as U.S. imposes more sanctions on Iran
Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector.MarketWatch - 2d -
UK government insists consultancy spending cuts ‘on track’
Big firms won £1.5bn of UK government work in 2024, an increase on the previous two yearsFinancial Times - 2h -
Top shale boss says US oil companies will not flock back to Russia
Harold Hamm warns executives will be wary of any peace deal between Trump and PutinFinancial Times - 4d -
Oil prices hold at 2025 lows on tariff fears, prospects for end to war in Ukraine
Oil futures settled lower Wednesday, with concerns over the global economic outlook and potential for an end to Russia’s war against Ukraine that could lift sanctions on Moscow prompting prices to ...MarketWatch - 10h -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - 5d -
US companies left out of defence stock rally amid Trump’s Pentagon cuts
Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s securityFinancial Times - 2d -
BP to abandon pledge to cut oil and gas output as chief fights for group’s survival
Auchincloss must convince activist investor Elliott Management he can turn around troubled oil majorFinancial Times - 2d -
Multiple lawsuits challenging DOGE's efforts to cut federal government's size
The Trump administration is facing over 80 lawsuits that are making their way through the legal system. CBS News Department of Justice reporter Jake Rosen breaks down the latest developments.CBS News - 5d -
Election systems feared vulnerable as government cuts workers tasked with security
Cuts to the U.S. cybersecurity agency and FBI affected the federal workers tasked with stopping foreign interference in elections.CBS News - 1d -
What 15 Americans Think About Elon Musk and DOGE’s Government Cuts
Americans across the country are deeply split over Mr. Musk, with some welcoming his cuts to government and others outraged at what they see as an abuse of power.The New York Times - 1d -
Trump's AI safety cuts
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story AI safety institute faces cuts under Trump Potential cuts to the U.S. AI Safety Institute (AISI) are ...The Hill - 2d -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - 4d -
Trump’s revolution will end badly — for himself, and for America
Unintended consequences will appear, problems will arise and sooner or later the whole project will come to a standstill.The Hill - 5d -
Trump Administration Ends Global Health Research Program
The Demographic and Health Surveys were the only sources of reliable information in many countries on metrics such as mortality, nutrition and education.The New York Times - 4h -
Yankees finally permits players to sport full beards
The New York Yankees have finally thrown in the razor and will allow players to have beards. John Dickerson takes a look back at the sport's history with facial hair.CBS News - 5d -
The Trump funding cuts will backfire if they are not stopped
One of the casualties of suspending funding for USAID programs is the global Famine Early Warning System. You can’t manage what you can’t measure.The Hill - 2d -
President Trump’s Cuts to Medical Research
How government cuts are slowing research.The New York Times - 1d -
Trump says federal government should 'take over' local politics in DC
Trump is jockeying for local political power by positioning himself as the antidote to the city’s crime and homelessness.Politico - 6d -
Trump Dismantles Government Fight Against Foreign Influence Operations
Dozens of employees who had been working to fight foreign interference in U.S. elections have been reassigned or forced out, according to current and former officials.The New York Times - 6d -
Supreme Court Rejects, for Now, Trump’s Bid to Fire Government Watchdog
The court’s order indicated that it may return to the issue as soon as next week, when a trial judge’s temporary restraining order is set to expire.The New York Times - 5d -
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Trump seeks to run government like a business, for better and worse
Part of the appeal to President Trump’s supporters is that he is an experienced businessman, and many voters thought he would run the government like a business. One month into his second term, ...The Hill - 20h -
House Democrat: 'Absolute lie' that Trump, Musk are boosting government efficiency
Rep. Adam Smith (D-Wash.) said it was an “absolute lie” that President Trump and Elon Musk were increasing government efficiency through a series of federal employee layoffs and cuts to federal ...The Hill - 13h -
Johnson’s Budget Win Reflects a Speaker Dependent on Trump to Govern
The Louisiana Republican has made himself subservient to President Trump, whose help he needs to manage his fractious, unpredictable and tiny majority.The New York Times - 10h -
NIH funding cuts imperil lifesaving drugs and US prosperity
Capping indirect funding will decimate biomedical research, which has been the engine of the U.S. economy and the envy of the world.The Hill - 3d -
People will starve because of US aid cut to Sudan, humanitarian worker warns
Nearly two million people who have relied on community kitchens for food have lost this lifeline.BBC News - 2d -
US House passes budget resolution to cut taxes and spending by trillions
Bill would lead to large increase in America’s deficit, independent analysts sayFinancial Times - 1d