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Internet costs declined from USD 70 to USD 35 per megabit per second. Active mobile internet subscriptions stand at 18.5 million, while the number of smartphones connected to Ugandan networks has reached 20 million. -Hon Henry Musasizi, Minister of State for Finance, Planning and Economic Development #KnowYourBudget26 #NTVNews

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NTV UGANDA

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WATCH: Finance Minister Henry Musasizi says Uganda must increase domestic revenue mobilisation as the country seeks to transform into a $500 billion economy. He says domestic tax mobilisation must rise from the current 13-14 per cent of GDP to 20 per cent within five years to reduce reliance on external financing and meet the country’s growing financial obligations. He was speaking at the second annual research conference organised by the Uganda Institute of Banking and Financial Services. #MonitorUpdates 📹: Michael Kakumirizi
1:18

WATCH: Finance Minister Henry Musasizi says Uganda must increase domestic revenue mobilisation as the country seeks to transform into a $500 billion economy. He says domestic tax mobilisation must rise from the current 13-14 per cent of GDP to 20 per cent within five years to reduce reliance on external financing and meet the country’s growing financial obligations. He was speaking at the second annual research conference organised by the Uganda Institute of Banking and Financial Services. #MonitorUpdates 📹: Michael Kakumirizi

Daily Monitor

34,739 görüntüleme • 6 gün önce

In Sudan’s devastating conflict, where the Sudanese Armed Forces (SAF) and Rapid Support Forces (RSF) fuel a brutal cycle of violence, both accused of war crimes and genocide by the US in 2025, the United Arab Emirates stands as a steadfast pillar of hope. While SAF tightens its hold on Port Sudan and RSF besieges El Fasher, displacing 13 million and pushing millions toward famine, the UAE has delivered USD 3.95 billion in aid to Sudan and its neighbors from 2014 to 2025, undeterred by baseless claims from the Muslim Brotherhood and its proxies. With 162 flights and one ship, the UAE has delivered 12,710 tonnes of vital supplies: 6,388 tonnes of food and 280 tonnes of medical aid for Sudan’s conflict-ravaged communities, 5,542 tonnes for Chad’s refugees, 200 tonnes plus a medical center, five wells, and ten health facilities for Uganda, and 300 tonnes for South Sudan’s desperate displaced. This is not posturing; it’s a lifeline for millions caught in the crossfire. To the Brotherhood and its allies, including Turkey, who cast accusations of UAE interference while arming SAF and prolonging Sudan’s chaos: your claims collapse against the UAE’s towering humanitarian record. Since 2023, USD 681.8 million has sustained over 2 million lives, with a bold USD 200 million pledged in Addis Ababa in February 2025. Two field hospitals in Chad have treated 90,889 patients, a new hospital rises in South Sudan’s Madhol, and 127 health facilities across 14 Sudanese states thrive with UAE support. Add USD 70 million to UN agencies, including 25 million to WFP, 20 million to UNHCR, and 8 million to WHO, plus USD 30 million for neighboring countries, USD 10.25 million for Sudanese refugee women, and USD 4 million for education in Chad, and the UAE’s priorities shine through. We condemn SAF’s aid blockades and RSF’s atrocities, advocate for civilian governance, and reject unfounded allegations of arms or gold dealings. While you fuel division, the UAE builds hope with hospitals, not headlines, for Sudan’s people. Humanity is our mission, and we will not falter.
1:06

In Sudan’s devastating conflict, where the Sudanese Armed Forces (SAF) and Rapid Support Forces (RSF) fuel a brutal cycle of violence, both accused of war crimes and genocide by the US in 2025, the United Arab Emirates stands as a steadfast pillar of hope. While SAF tightens its hold on Port Sudan and RSF besieges El Fasher, displacing 13 million and pushing millions toward famine, the UAE has delivered USD 3.95 billion in aid to Sudan and its neighbors from 2014 to 2025, undeterred by baseless claims from the Muslim Brotherhood and its proxies. With 162 flights and one ship, the UAE has delivered 12,710 tonnes of vital supplies: 6,388 tonnes of food and 280 tonnes of medical aid for Sudan’s conflict-ravaged communities, 5,542 tonnes for Chad’s refugees, 200 tonnes plus a medical center, five wells, and ten health facilities for Uganda, and 300 tonnes for South Sudan’s desperate displaced. This is not posturing; it’s a lifeline for millions caught in the crossfire. To the Brotherhood and its allies, including Turkey, who cast accusations of UAE interference while arming SAF and prolonging Sudan’s chaos: your claims collapse against the UAE’s towering humanitarian record. Since 2023, USD 681.8 million has sustained over 2 million lives, with a bold USD 200 million pledged in Addis Ababa in February 2025. Two field hospitals in Chad have treated 90,889 patients, a new hospital rises in South Sudan’s Madhol, and 127 health facilities across 14 Sudanese states thrive with UAE support. Add USD 70 million to UN agencies, including 25 million to WFP, 20 million to UNHCR, and 8 million to WHO, plus USD 30 million for neighboring countries, USD 10.25 million for Sudanese refugee women, and USD 4 million for education in Chad, and the UAE’s priorities shine through. We condemn SAF’s aid blockades and RSF’s atrocities, advocate for civilian governance, and reject unfounded allegations of arms or gold dealings. While you fuel division, the UAE builds hope with hospitals, not headlines, for Sudan’s people. Humanity is our mission, and we will not falter.

Rauda Altenaiji

30,452 görüntüleme • 10 ay önce

Happy 4th of July Independence Day! Today, here’s a reminder of how much American Taxpayers spend on US Congress It costs an estimated $2 billion+ per year from taxpayers for Congress to operate, yet we can’t even get them to pass Voter ID: - Salary $174k - $7.6 million per year for meal reimbursements - The MRA, the members reprisational allowance is $810 million - MRA broken down is $1.5 million to each Congress Rep - Majority and Minority leadership get $37 million just for them - Actual Budget can range around $2 million per member, though some suggest it might be closer to $5 million when including all expenses - Operational Costs: $750 million for House expenses and $250 million for Senate expenses Conservative estimate total cost $1.5 million to $2 billion per year This was from a couple years ago, if you can believe it, the numbers have gone UP. Here’s the new data - Salary $174k (leadership is more) - Meal reimbursements/lodging roughly $7.6 million - The MRA (Members’ Representational Allowance) is $850 million - MRA broken down averages $1.9 million per House Member - Majority and Minority leadership get roughly $37 million, varies depending on data you look at - Actual per-member costs range around $2 million just for MRA, salary, support - The real cost per Representative is closer to $5+ million when including all allocated expenses and staff Operational Costs: $2+ billion for House and Senate operations. Conservative estimate for broader total cost is $2–7 billion+ per year
4:08

Happy 4th of July Independence Day! Today, here’s a reminder of how much American Taxpayers spend on US Congress It costs an estimated $2 billion+ per year from taxpayers for Congress to operate, yet we can’t even get them to pass Voter ID: - Salary $174k - $7.6 million per year for meal reimbursements - The MRA, the members reprisational allowance is $810 million - MRA broken down is $1.5 million to each Congress Rep - Majority and Minority leadership get $37 million just for them - Actual Budget can range around $2 million per member, though some suggest it might be closer to $5 million when including all expenses - Operational Costs: $750 million for House expenses and $250 million for Senate expenses Conservative estimate total cost $1.5 million to $2 billion per year This was from a couple years ago, if you can believe it, the numbers have gone UP. Here’s the new data - Salary $174k (leadership is more) - Meal reimbursements/lodging roughly $7.6 million - The MRA (Members’ Representational Allowance) is $850 million - MRA broken down averages $1.9 million per House Member - Majority and Minority leadership get roughly $37 million, varies depending on data you look at - Actual per-member costs range around $2 million just for MRA, salary, support - The real cost per Representative is closer to $5+ million when including all allocated expenses and staff Operational Costs: $2+ billion for House and Senate operations. Conservative estimate for broader total cost is $2–7 billion+ per year

Wall Street Apes

59,556 görüntüleme • 1 ay önce

How Japan created a "Toyota Solution" for their railgun technology. They spent $70 million USD and 9 1/2 years to successfully develop the technology. The United States Navy spent approximately $500 million over more than a decade (from roughly 2005 to 2021) on the research and development of the Electromagnetic Railgun (EMRG) program, which ultimately failed.
2:23

How Japan created a "Toyota Solution" for their railgun technology. They spent $70 million USD and 9 1/2 years to successfully develop the technology. The United States Navy spent approximately $500 million over more than a decade (from roughly 2005 to 2021) on the research and development of the Electromagnetic Railgun (EMRG) program, which ultimately failed.

Asian Dawn

16,255 görüntüleme • 6 ay önce

I've interacted with the Minister of Finance of South Africa, Hon. Enoch Godongwana, both on and off camera. He has a very sober mind. He expressed gratitude to Zimbabwe for the warm reception he received since he stepped foot on this sacred soil. He appreciated our Minister of Finance, Economic Development and Investment Promotion, Hon. Prof. Mthuli Ncube, and the people of Zimbabwe for their cordiality. He says the region should scale up trade and be able to stand as a collective. No dudula, no vengeful retribution. Zimbabweans are peace-loving and development-oriented.
0:34

I've interacted with the Minister of Finance of South Africa, Hon. Enoch Godongwana, both on and off camera. He has a very sober mind. He expressed gratitude to Zimbabwe for the warm reception he received since he stepped foot on this sacred soil. He appreciated our Minister of Finance, Economic Development and Investment Promotion, Hon. Prof. Mthuli Ncube, and the people of Zimbabwe for their cordiality. He says the region should scale up trade and be able to stand as a collective. No dudula, no vengeful retribution. Zimbabweans are peace-loving and development-oriented.

Cadre Shangri-la

12,335 görüntüleme • 1 ay önce

❗️The Netherlands guarantees at least €3 billion in annual support to Ukraine until 2029, — Ukrainian Foreign Minister Sybiha The total volume of defense assistance from the Netherlands has already exceeded €14 billion, of which almost €10 billion has been directly allocated to weapons and equipment. Separately, €750 million has been allocated to strengthen air defense. The parties agreed to continue cooperation in the field of drones: contracts are in place for 600,000 drones worth €510 million and an additional 350,000 FPV drones for another €500 million. The Netherlands also provided €23 million for Ukraine’s energy needs, including transformers, and €35 million for the development of solar energy.
1:09

❗️The Netherlands guarantees at least €3 billion in annual support to Ukraine until 2029, — Ukrainian Foreign Minister Sybiha The total volume of defense assistance from the Netherlands has already exceeded €14 billion, of which almost €10 billion has been directly allocated to weapons and equipment. Separately, €750 million has been allocated to strengthen air defense. The parties agreed to continue cooperation in the field of drones: contracts are in place for 600,000 drones worth €510 million and an additional 350,000 FPV drones for another €500 million. The Netherlands also provided €23 million for Ukraine’s energy needs, including transformers, and €35 million for the development of solar energy.

🪖MilitaryNewsUA🇺🇦

29,701 görüntüleme • 6 ay önce

The US has spent upwards of $2 million per unit to defeat drones that cost hundreds to thousands. Drones are easily mass-produced, while the US kinetic arsenal can face years-long lead times. Leonidas costs pennies per kill, is ready for production now and its magazine is unlimited.
0:38

The US has spent upwards of $2 million per unit to defeat drones that cost hundreds to thousands. Drones are easily mass-produced, while the US kinetic arsenal can face years-long lead times. Leonidas costs pennies per kill, is ready for production now and its magazine is unlimited.

Epirus

51,018 görüntüleme • 1 yıl önce

Gavin Newsom is planning on spending $19 million dollars of taxpayer money on ad campaigns to improve California's image nationally “The campaign is meant to fight negative narratives, amplified online and in partisan media. Up to $14 million of the money would be spent on the advertisements themselves. Another up to $5 million would cover costs for travel agency fees and production costs” “According to Newsom's Department of Finance, the money has already been earmarked to Governor Newsom's, office of Business and Economic Development has a budget this year of $373 million, the money is coming out of that.” “This just looks like to me that the governor has taken an opportunity to promote himself around the entire country — This looks like corruption and it looks like this is cutting a deal right now before he kicks off his next four year campaign to be the president of the United States”
3:37

Gavin Newsom is planning on spending $19 million dollars of taxpayer money on ad campaigns to improve California's image nationally “The campaign is meant to fight negative narratives, amplified online and in partisan media. Up to $14 million of the money would be spent on the advertisements themselves. Another up to $5 million would cover costs for travel agency fees and production costs” “According to Newsom's Department of Finance, the money has already been earmarked to Governor Newsom's, office of Business and Economic Development has a budget this year of $373 million, the money is coming out of that.” “This just looks like to me that the governor has taken an opportunity to promote himself around the entire country — This looks like corruption and it looks like this is cutting a deal right now before he kicks off his next four year campaign to be the president of the United States”

Wall Street Apes

27,222 görüntüleme • 4 ay önce

Hon. Prof. Mthuli Ncube, Minister responsible for Investment Promotion, noted that Karo has already invested USD 240 million and will commit nearly USD 1 billion in phase one, creating about 3,000 jobs and transforming the area into a development hub. He emphasized the fiscal incentives under the Special Mining Lease, such as tax write‑offs and employee exemptions, which enhance viability and attract capital, while royalties remain at 7%. With government holding a 15% free‑carry stake and an option to increase to 26%, he underscored platinum’s classification as a critical mineral and the long‑term security provided to investors.
2:33

Hon. Prof. Mthuli Ncube, Minister responsible for Investment Promotion, noted that Karo has already invested USD 240 million and will commit nearly USD 1 billion in phase one, creating about 3,000 jobs and transforming the area into a development hub. He emphasized the fiscal incentives under the Special Mining Lease, such as tax write‑offs and employee exemptions, which enhance viability and attract capital, while royalties remain at 7%. With government holding a 15% free‑carry stake and an option to increase to 26%, he underscored platinum’s classification as a critical mineral and the long‑term security provided to investors.

Nick Mangwana

67,524 görüntüleme • 3 gün önce

President Tinubu has written a letter to the House of Reps to amend the FG's External Borrowing Plan for the 2025-2026 period. He is requesting an additional $47 million for the Lagos-Calabar coastal highway project, increasing the cost from 700 million to 747 million dollars. The request from the President, signed by Finance Minister Wale Edun and presented by House Speaker Abbas Tajudeen, highlights the requirement for an extra 47 million dollars for the Lagos-Calabar coastal highway project, increasing the total cost from 700 million to 747 million dollars. Also, the $300 million Nigeria Universal Communication Access Project aims to provide mobile communication access to over 21 million people across 4,834 unconnected communities, particularly in remote and underserved areas, through the deployment of 7,000 telecommunication towers.
4:56

President Tinubu has written a letter to the House of Reps to amend the FG's External Borrowing Plan for the 2025-2026 period. He is requesting an additional $47 million for the Lagos-Calabar coastal highway project, increasing the cost from 700 million to 747 million dollars. The request from the President, signed by Finance Minister Wale Edun and presented by House Speaker Abbas Tajudeen, highlights the requirement for an extra 47 million dollars for the Lagos-Calabar coastal highway project, increasing the total cost from 700 million to 747 million dollars. Also, the $300 million Nigeria Universal Communication Access Project aims to provide mobile communication access to over 21 million people across 4,834 unconnected communities, particularly in remote and underserved areas, through the deployment of 7,000 telecommunication towers.

Imran Muhammad

124,805 görüntüleme • 1 yıl önce

Russia presented two "Russian" cars at the St Petersburg Economic Forum which turned out to be overpriced Chinese vehicles. A new "Volga" was presented that turned out to be a rebadged Geely Monjaro. The "Volga" costs 4.2 million rubles and more, while the Geely Monjaro costs about 1.5 million rubles in China. The new Aurus Senat 900 has turned out to be a copy of the Hongqi H9. Russians are being asked to pay 10-12 million rubles for it, while the Chinese original can be bought for around 4 million rubles. The "Russian spirit" comes at a cost, apparently.
0:23

Russia presented two "Russian" cars at the St Petersburg Economic Forum which turned out to be overpriced Chinese vehicles. A new "Volga" was presented that turned out to be a rebadged Geely Monjaro. The "Volga" costs 4.2 million rubles and more, while the Geely Monjaro costs about 1.5 million rubles in China. The new Aurus Senat 900 has turned out to be a copy of the Hongqi H9. Russians are being asked to pay 10-12 million rubles for it, while the Chinese original can be bought for around 4 million rubles. The "Russian spirit" comes at a cost, apparently.

Anton Gerashchenko

234,317 görüntüleme • 2 ay önce

Some Pakistanis were spotted singing India's national anthem in stadium. There are some dumfcuks in India who get impressed by this nautanki of Pakistanis. Pakistanis are also using this to spread the "Sporting Spirit" agenda and shit like that. But the reality is something else. Pakistanis do these things to get viral and to get views from India. India has huge population with cheap internet and almost everyone has access to internet. Pakistan has 250 million people but 140 million Pakistanis lack internet. Pakistan ranks second globally for the largest offline population. So they do these stunts to get views from India...that's all.
1:00

Some Pakistanis were spotted singing India's national anthem in stadium. There are some dumfcuks in India who get impressed by this nautanki of Pakistanis. Pakistanis are also using this to spread the "Sporting Spirit" agenda and shit like that. But the reality is something else. Pakistanis do these things to get viral and to get views from India. India has huge population with cheap internet and almost everyone has access to internet. Pakistan has 250 million people but 140 million Pakistanis lack internet. Pakistan ranks second globally for the largest offline population. So they do these stunts to get views from India...that's all.

Incognito

38,038 görüntüleme • 6 ay önce

US House Oversight Committee The Biden family has received over $20 million in payments from foreign entities, payments were made from foreign countries we are NOT allies with - $3 million from Romania - $3 million from China - $80k diamond given to Hunter Biden from CEFC Chairman - Payments from Chinese Energy Companies - Wire payment to Hunter Biden's Rosemont Seneca entities $142,300 - The Rosemont Seneca entity transferred the exact same amount of money to a car dealership for a car for Hunter Biden - $900k UPenn - Ukraine “Both Biden and Archer were each paid $1 million per year for their positions on the board of directors” - $6 million bribery scheme in Ukraine - Money from Ukraine to Biden Family $6.5 million - Russian oligarch $3.5 million The list goes on and on…..
2:26

US House Oversight Committee The Biden family has received over $20 million in payments from foreign entities, payments were made from foreign countries we are NOT allies with - $3 million from Romania - $3 million from China - $80k diamond given to Hunter Biden from CEFC Chairman - Payments from Chinese Energy Companies - Wire payment to Hunter Biden's Rosemont Seneca entities $142,300 - The Rosemont Seneca entity transferred the exact same amount of money to a car dealership for a car for Hunter Biden - $900k UPenn - Ukraine “Both Biden and Archer were each paid $1 million per year for their positions on the board of directors” - $6 million bribery scheme in Ukraine - Money from Ukraine to Biden Family $6.5 million - Russian oligarch $3.5 million The list goes on and on…..

Wall Street Apes

156,263 görüntüleme • 1 yıl önce

20-second journey from then to now: Arxan's one-million-mu planted forest Arxan, at the southwestern foot of the Greater Khingan Mountains in north China's Inner Mongolia Autonomous Region, once suffered from decades of excessive logging, leading to a sharp decline in forest resources and a steadily worsening ecological environment. In 2012, Arxan completely halted commercial logging in its natural forests, shifting its development model from logging to protection. Over the past decade, through ecological restoration projects including natural forest conservation, mountain closure for forest regeneration, and afforestation, Arxan has protected more than 10 million mu (0.67 million hectares) of natural forests, restored over 1 million mu through natural regeneration, and established more than 300,000 mu of planted forests. Today, Arxan's forest coverage has reached 81.2 percent, while its green vegetation coverage stands at 95 percent. From exploitation to conservation, striking contrasts across time bear witness to Arxan's remarkable transformation from logging forests to restoring and protecting them. Over one million mu of planted forests are now bringing lush greenery back to the land.
0:20

20-second journey from then to now: Arxan's one-million-mu planted forest Arxan, at the southwestern foot of the Greater Khingan Mountains in north China's Inner Mongolia Autonomous Region, once suffered from decades of excessive logging, leading to a sharp decline in forest resources and a steadily worsening ecological environment. In 2012, Arxan completely halted commercial logging in its natural forests, shifting its development model from logging to protection. Over the past decade, through ecological restoration projects including natural forest conservation, mountain closure for forest regeneration, and afforestation, Arxan has protected more than 10 million mu (0.67 million hectares) of natural forests, restored over 1 million mu through natural regeneration, and established more than 300,000 mu of planted forests. Today, Arxan's forest coverage has reached 81.2 percent, while its green vegetation coverage stands at 95 percent. From exploitation to conservation, striking contrasts across time bear witness to Arxan's remarkable transformation from logging forests to restoring and protecting them. Over one million mu of planted forests are now bringing lush greenery back to the land.

People's Daily, China

63,203 görüntüleme • 28 gün önce

An Iranian man breaks down in tears after a desperate mother offers to sell her body to cover her child's school fees. The Islamic Republic simply does not give a damn about the Iranian people. They recently offered $7 per month to help Iranians with economic hardship (more like $6 now thanks to crushing inflation). But the economic devastation doesn't affect the regime. They have money for the IRGC kids to flaunt Lamborghinis and yachts abroad. They have money to fund foreign militants and ideology: - $700m USD per year for Hezbollah - as much as $300m per year for Hamas - $200m plus per year for the Houthis - as much as $15b per year for Assad And nothing to show for any of it. Just civil wars, death, destruction and terrorism. They also have money to pour into the nuclear program (hundreds of millions yearly direct costs, plus trillions in sanctions-driven economic losses) to target Israel, triggering devastating sanctions that wreck Iran's economy with hyperinflation, rial collapse, blackouts, and poverty hitting 30–50% of people. The economic destruction of Iran, and the devastating impact it has on innocent normal people is completely the doing of the islamic regime.
0:48

An Iranian man breaks down in tears after a desperate mother offers to sell her body to cover her child's school fees. The Islamic Republic simply does not give a damn about the Iranian people. They recently offered $7 per month to help Iranians with economic hardship (more like $6 now thanks to crushing inflation). But the economic devastation doesn't affect the regime. They have money for the IRGC kids to flaunt Lamborghinis and yachts abroad. They have money to fund foreign militants and ideology: - $700m USD per year for Hezbollah - as much as $300m per year for Hamas - $200m plus per year for the Houthis - as much as $15b per year for Assad And nothing to show for any of it. Just civil wars, death, destruction and terrorism. They also have money to pour into the nuclear program (hundreds of millions yearly direct costs, plus trillions in sanctions-driven economic losses) to target Israel, triggering devastating sanctions that wreck Iran's economy with hyperinflation, rial collapse, blackouts, and poverty hitting 30–50% of people. The economic destruction of Iran, and the devastating impact it has on innocent normal people is completely the doing of the islamic regime.

🇮🇷 Association of Iranian Royalists

16,485 görüntüleme • 7 ay önce

🚨 ATTENTION: While Millions of Nigerians Battle Economic Hardship, Tinubu Approves Massive Land Allocation for Gen. Abdulsalami as FG Takes Responsibility for Construction Costs The decision has sparked debate among Nigerians, with critics questioning the government's priorities at a time when many citizens are grappling with rising living costs, unemployment, and economic uncertainty. According to reports, President Bola Ahmed Tinubu directed the Minister of the FCT, Nyesom Wike, to allocate a large parcel of land for former Head of State, General Abdulsalami Abubakar, while the Federal Government is expected to fund the construction project.
1:33

🚨 ATTENTION: While Millions of Nigerians Battle Economic Hardship, Tinubu Approves Massive Land Allocation for Gen. Abdulsalami as FG Takes Responsibility for Construction Costs The decision has sparked debate among Nigerians, with critics questioning the government's priorities at a time when many citizens are grappling with rising living costs, unemployment, and economic uncertainty. According to reports, President Bola Ahmed Tinubu directed the Minister of the FCT, Nyesom Wike, to allocate a large parcel of land for former Head of State, General Abdulsalami Abubakar, while the Federal Government is expected to fund the construction project.

Verydarkman

12,194 görüntüleme • 2 ay önce

Pennsylvania recycler cancels $300 Million project—CEO directly blames Trump tariffs. Erie will now lose roughly 600 jobs & $125 Million per year in revenue for economy. "Recently announced tariffs on materials and equipment" resulted in "expectations of substantially higher project development costs than anticipated," explained International Recycling Group (IRG) CEO Mitch Hecht. The Trump Administration also froze a previously approved $192 million EPA loan that had been secured to start construction. The new facility would have created approximately 200-300 "high paying, family-sustaining" permanent jobs—plus 330 construction jobs. An estimated increase of $125 million per year in revenue has been lost to the economy—including $54 million in wages, $60 million in revenue, $3 million in taxes, and $8 million in savings. #DemVoice1 #wtpBLUE #DemsUnited
1:38

Pennsylvania recycler cancels $300 Million project—CEO directly blames Trump tariffs. Erie will now lose roughly 600 jobs & $125 Million per year in revenue for economy. "Recently announced tariffs on materials and equipment" resulted in "expectations of substantially higher project development costs than anticipated," explained International Recycling Group (IRG) CEO Mitch Hecht. The Trump Administration also froze a previously approved $192 million EPA loan that had been secured to start construction. The new facility would have created approximately 200-300 "high paying, family-sustaining" permanent jobs—plus 330 construction jobs. An estimated increase of $125 million per year in revenue has been lost to the economy—including $54 million in wages, $60 million in revenue, $3 million in taxes, and $8 million in savings. #DemVoice1 #wtpBLUE #DemsUnited

LongTime🤓FirstTime👨‍💻

236,653 görüntüleme • 1 yıl önce