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Funding resolution News

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Australia

Australia’s 2026 Federal Budget Focuses on Major Housing Market Reforms.

May 12, 2026 at 1:18 AM

Treasurer Jim Chalmers is preparing a landmark federal budget centered on critical housing market reforms, including potential adjustments to capital gains tax and negative gearing to address affordability for younger generations.

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Australia’s 2026 Federal Budget Focuses on Major Housing Market Reforms
Image Credit : smh.com.au
United Kingdom

Tracing the Financial Web: The International Connections Behind Reform UK.

An analysis of Reform UK's funding structure reveals a heavy reliance on a few ultra-wealthy donors, including significant contributions from overseas, raising questions about political influence and the transparency of British electoral financing.

May 6, 2026 at 2:45 PM
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Local News

Janashakthi Foundation Partners with President’s Fund to Bolster Pediatric Healthcare.

The Janashakthi Foundation has entered a strategic partnership with the President’s Fund to provide supplementary financial assistance for children's medical treatments, aiming to bridge gaps in healthcare accessibility.

May 6, 2026 at 1:26 PM
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Local News
Post-Conflict Economic Recovery: A Retrospective on Securing International Financial Support
Image Source : island.lk

Post-Conflict Economic Recovery: A Retrospective on Securing International Financial Support.

May 3, 2026 at 6:53 AM
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United States•
April 30, 2026 at 2:27 PM

Trump Administration Finalizes Major Overhaul of Federal Student Loan Policies.

The U.S. Department of Education has unveiled its final rules for a sweeping student loan overhaul, introducing borrowing caps, ending the Grad PLUS program, and replacing existing income-driven plans with a new Repayment Assistance Plan starting July 1.

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Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

April 28, 2026 at 11:31 PM

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

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Local News
Government Allocates Funds for Restoration of Religious Sites Impacted by Cyclone Ditwah
Image Source : adaderana.lk

Government Allocates Funds for Restoration of Religious Sites Impacted by Cyclone Ditwah.

April 28, 2026 at 11:51 AM
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Local News
Concerns Raised Over Legal Validity of 'Rebuilding Sri Lanka' Fund
Image Source : srilankamirror.com

Concerns Raised Over Legal Validity of 'Rebuilding Sri Lanka' Fund.

April 27, 2026 at 8:01 PM
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Local News
Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund
Image Source : news.lk

Government Confirms Security and Status of 'Rebuilding Sri Lanka' Fund.

April 27, 2026 at 12:04 PM
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Unprecedented $1.5 Trillion Military Budget Request Sparks Debate Over Transparency and Defense Strategy
Image Source : timesnews.net
United States•
April 26, 2026 at 8:09 AM

Unprecedented $1.5 Trillion Military Budget Request Sparks Debate Over Transparency and Defense Strategy.

The Trump administration has proposed a record-breaking $1.5 trillion military budget, marking a 42% increase in spending despite persistent failures in Pentagon audits. The funding covers advanced missile defense, naval expansion, and space capabilities.

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Local News

People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery.

April 24, 2026 at 11:45 PM

People’s Bank has pledged Rs. 300 million to the Rebuilding Sri Lanka Fund to construct a multi-storey housing complex in Nuwara Eliya for families displaced by Cyclone Ditwah, marking a major milestone in the bank's 65th anniversary CSR efforts.

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People’s Bank Commits Rs. 300 Million to Nuwara Eliya Post-Cyclone Housing Recovery
Image Credit : magzter.com
United States
Debating a Federal Rescue: The Complexity of the Spirit Airlines Bailout Proposal
Image Source : fortune.com

Debating a Federal Rescue: The Complexity of the Spirit Airlines Bailout Proposal.

April 24, 2026 at 4:09 AM
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Local News
Sri Lanka Bolsters Targeted Financial Sanctions to Combat Terrorism Funding
Image Source : financialcrimeacademy.org

Sri Lanka Bolsters Targeted Financial Sanctions to Combat Terrorism Funding.

April 23, 2026 at 7:53 PM
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United States
US Senate Advances Budget Strategy to Break Immigration Funding Deadlock
Image Source : nbcnews.com

US Senate Advances Budget Strategy to Break Immigration Funding Deadlock.

April 23, 2026 at 7:15 PM
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US Education Officials Signal End to Broad Student Loan Forgiveness, Prioritize Repayment Systems
Image Source : b17news.com
Education•
April 23, 2026 at 6:16 PM

US Education Officials Signal End to Broad Student Loan Forgiveness, Prioritize Repayment Systems.

The U.S. Department of Education has clarified that broad student loan forgiveness programs are off the table, with officials focusing instead on restructuring repayment systems and transitioning millions of accounts to the Treasury Department.

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Local News

Japan Grants USD 2.6 Million to Boost Climate Resilience and Gender Equality in Sri Lanka.

April 21, 2026 at 6:51 AM

The Japanese government has pledged USD 2.6 million to fund two UNDP-led projects in Sri Lanka focusing on climate-smart dairy farming and the empowerment of women in landmine clearance operations.

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Japan Grants USD 2.6 Million to Boost Climate Resilience and Gender Equality in Sri Lanka
Image Credit : undp.org
Technology

Recursive Secures Massive $500 Million Funding to Pioneer Self-Learning AI.

AI startup Recursive, founded by former DeepMind and OpenAI engineers, has secured $500 million in a high-profile funding round backed by Google's venture arm and Nvidia, pushing its valuation to $4 billion.

April 17, 2026 at 10:00 PM
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Technology
Crypto-Backed Super PACs Ramp Up Political Spending for 2026 US Midterms
Image Source : cnbc.com

Crypto-Backed Super PACs Ramp Up Political Spending for 2026 US Midterms.

April 16, 2026 at 2:42 PM
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Technology
Gamified Learning Startup Gizmo Secures $22M Series A to Combat Declining Academic Focus

Gamified Learning Startup Gizmo Secures $22M Series A to Combat Declining Academic Focus.

April 15, 2026 at 7:27 PM
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Local News•
April 10, 2026 at 1:44 AM

IMF Emphasizes Fiscal Discipline for Sri Lanka Amid Cyclone Recovery Efforts.

The IMF has urged Sri Lanka to maintain fiscal discipline under the Public Financial Management Act while navigating the economic impact of Cyclone Ditwah. Officials indicate the primary expenditure limit of 13% of GDP may be exceeded to fund reconstruction efforts.

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