Latest Fiscal Year 2025 News & Updates

Washington, March 10 (IANS) The US Small Business Administration (SBA) has announced a new policy barring foreign nationals and non-citizens from accessing federally backed small business loans, saying the move is aimed at prioritising American entrepreneurs amid rising demand for capital.The policy expands earlier restrictions and will apply across multiple SBA-guaranteed lending programmes, including the agency’s Surety Bond and Microloan programmes. Under the updated rule, applicants must b…

Washington, Feb 24 (IANS) The National Endowment for Democracy backed political and civic actors in Bangladesh in the run-up to the 2024 collapse of Sheikh Hasina’s government, supporting electoral reforms, voter education, and independent reporting, its president told US lawmakers on Tuesday. Testifying before the Subcommittee on National Security, Department of State, & Related Programs of the House Committee on Appropriations, NED President and CEO Damon Wilson said, “In Bangladesh, N…