内容摘要：(BRI), a state-backed infrastructure investment programme launched in 2013, Beijing lent billions of dollars to build ports, highways and railroads to connect Asia, Africa and the Americas.

(BRI), a state-backed infrastructure investment programme launched in 2013, Beijing lent billions of dollars to build ports, highways and railroads to connect Asia, Africa and the Americas.

Republicans say their new bill holds ‘woke’ universities and tax-exempt entities accountable. But it could cripple the finances of many schools – big and small.Republicans in the United States Congress are pushing for an increase in taxes on US universities, under a new bill championed by President Donald Trump that narrowly

in the House of Representatives last Thursday.The bill’s supporters argue that a provision relating to higher educational institutions is crafted to target “woke” universities.Trump’s executive orders

and decisions aimed at changing education and immigration in the country, alongside cracking down on pro-Palestine protests that took place on US college campuses last year.The new tax plans aim to increase taxes on what US universities earn from their endowments.

So, what exactly is an endowment?

An endowment refers to funds or assets donated to a university to keep it financially sustained in the future.Stocks in Asia also climbed on Thursday, while the price of Brent crude – the global price benchmark for Atlantic basin crude oils – climbed 81 cents, or 1.25 percent, to $65.71 a barrel.

Most economists agree that eliminating Trump’s tariffs would improve prospects for the world’s major economies.What steps could the Trump administration take now?

The Trump administration has 10 days to complete the process of halting tariffs, although the introduction of most reciprocal tariffs has been shelved until later in the summer anyway.It’s not yet clear if the White House will respond by suspending its emergency powers after July 9, when the reciprocal tariffs pause is set to end.