US federal government received nearly $4 trillion in record tax income this fiscal year

The US federal government collected a record $3,835,390,000,000 in total taxes in the first nine months of this fiscal year, the new Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) reports. The Fiscal Year-to-Date (FYTD) budget deficit through June was $515 billion, a $1.723 trillion (-77%) decrease from the same period last year.

G20 Finance Summit ends without joint communique

The G20 Finance Summit in Indonesia ended yesterday without a final joint communique, as intense divisions over Russia’s invasion of Ukraine prevailed among leaders of the world’s twenty richest countries, the Associated Press (AP) reports. Aside from the Russian invasion issue, the finance ministers in attendance at the summit did agree on the need to address global challenges such as decades-long high inflation and food insecurity.

Hungary Hit By Worst Social Unrest Since Elections (Worthy News In-Depth)

Tense protests continued in Hungary’s capital till the early hours of Thursday after the government announced “an energy emergency” and effectively raised taxes for hundreds of thousands of small entrepreneurs as the nation’s currency plunged to record lows while inflation reached the highest levels in decades.

Gunmen Kidnap Christians In Abuja

Gunmen abducted a Christian father and his teenage daughter from one of Africa’s largest housing estates in Nigeria’s capital Abuja, their neighbor told Worthy News Sunday.

16 AGs urge Biden to reinstate Keystone XL pipeline

Sixteen Republican attorneys general, led by Montana Attorney General Austin Knudsen, have called on President Joe Biden to reinstate the permit for the Keystone XL pipeline after learning that his administration wants to increase oil imports from Canada.

Bankrupt Sri Lanka Asks Expats For Help

Sri Lanka has urged its citizens overseas to send home money after announcing a default on its $51 billion foreign debt amid anti-government protests.

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