Finance

New FIDELIS Government Bonds Released by Finance Ministry

The Finance Ministry has officially launched the latest edition of FIDELIS government bonds, offering investors a new opportunity to invest in government-backed securities. This updated edition is designed to attract a wider range of investors by providing competitive interest rates and attractive investment terms. The FIDELIS bonds, which have become a popular investment vehicle, are expected to help support national development projects while offering a stable and secure option for both individual and institutional investors. The Ministry emphasized that the launch reflects the government's commitment to fostering a robust investment environment and strengthening the country’s financial market.

Tackle Your Credit Card Debt With 0% Interest Until Nearly 2027 AND Earn 5% Cash Back

Some credit cards can help you get out of debt faster with a 0% intro APR on balance transfers. Transfer your balance, pay it down interest-free, and save money. FinanceBuzz reviewed top cards and found the best options—one even offers 0% APR into 2027 + 5% cash back!

Learn How To Apply Now

TECH

Starmer’s Tax Cut Deal: US Tech Firms to Benefit in Return for Lower Tariffs

Keir Starmer has proposed a substantial tax reduction for major US tech companies in exchange for lower tariffs from Donald Trump’s administration, as the UK prepares for the possibility of a global trade war.

The Guardian understands that the UK government is considering lowering the rate of its digital services tax (DST) to ease tensions with the US president, while continuing to apply the levy to companies from other nations.

This move, which marks a significant concession to US tech firms, follows the prime minister’s decision to retain the DST, which generates £800 million annually, despite pressures on government finances.

As the White House looks to impose global trade barriers that could disrupt Labour’s tax and spending strategies, experts have warned that Trump’s 25% tariff on car imports alone could jeopardize up to 25,000 jobs in the UK.

CRYPTO

Inside the Trump Family's Crypto Deal: Securing Control Amidst Multi-Million Dollar Raises

As World Liberty Financial raised over $550 million, President Donald Trump’s family took control of the crypto venture, securing a major share of the funds through governance terms that favor insiders. Launched last fall with the goal of offering decentralized financial services, the project has yet to launch a public platform and operates with a small team. In mid-March, World Liberty announced its successful fundraising, largely through the sale of governance tokens, with Trump’s family taking control in January. They now hold a 60% stake in the company and are entitled to 75% of the net revenues from token sales, potentially securing around $400 million in fees. This centralization of control contrasts with typical decentralized finance practices.