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Hindustan Times
an hour ago
- Hindustan Times
Lawsuit filed against plan to use unclaimed funds for new Cleveland Browns stadium
COLUMBUS, Ohio — Ohio Republicans' strategy for funding a new domed stadium for the Cleveland Browns using residents' unclaimed funds violates multiple provisions of the state and federal constitutions, according to a class action lawsuit filed in county court. HT Image Former Ohio Attorney General Marc Dann and former state Rep. Jeffrey Crossman, both Democrats, filed the expected legal action in Franklin County Common Pleas on Monday on behalf of three named Ohio residents, as well as all other individuals whose unclaimed funds were being held by the state as of June 30, 2025. They have asked the court for an injunction stopping the plan. The lawsuit argues that taking money from the state's Unclaimed Funds Account to pay for the stadium that Haslam Sports Group is planning for suburban Brook Park, south of Cleveland, violates constitutional prohibitions against taking people's private property for government use, as well as citizens' due process rights. The city of Cleveland has fought the plan. The litigation challenges specific provisions in the state's two-year, $60 billion operating budget that diverts more than $1 billion in unclaimed funds to create an Ohio Cultural and Sports Facility Performance Grant Fund and designate $600 million for the Browns as its first grant. Republican Ohio Attorney General Dave Yost has spoken out against using unclaimed funds for such a purpose, having gone so far as to urge DeWine to veto it. However, the state's top lawyer has said he believes the plan is legally sound. This article was generated from an automated news agency feed without modifications to text.
Mint
an hour ago
- Mint
Donald Trump yet again dismisses Elon Musk's ‘America Party', says, ‘it will help us'
US President Donald Trump brushed off tech billionaire Elon Musk's new political party, suggesting it would actually boost his own campaign—just two days after dismissing the idea as 'ridiculous.' 'I think it will help us. It will probably help,' Trump said on July 7 when asked about Musk's formation of the 'America Party,' a political movement Musk says will challenge both Republicans and Democrats. 'Third parties have always been good for me. I don't know about Republicans, but for me,' added Trump. Speaking to reporters on July 7, Trump took direct aim at Musk's announcement, dismissing the concept outright. 'I think it's ridiculous to start a third party. We have a tremendous success with the Republican Party. The Democrats have lost their way, but it's always been a two-party system,' Trump said. 'Starting a third party just adds to confusion.' He added, 'It really seems to have been developed for two parties. Third parties have never worked, so he can have fun with it, but I think it's ridiculous.' Later, Trump amplified his criticism on his Truth Social platform, writing that Musk had gone 'completely off the rails.' 'I'm saddened to watch Elon Musk go completely 'off the rails', essentially becoming a TRAIN WRECK over the past five weeks,' Trump posted, while again defending the two-party system as the only viable political structure in the US. Musk, who owns the social media platform X, fired back with a mocking response to Trump's Truth Social comments: 'What's Truth Social?" Musk unveiled his 'America Party' on July 5, citing fierce opposition to Trump's $5 trillion tax and spending bill, which includes a major debt ceiling hike and rollbacks of climate-related incentives. 'When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy,' Musk wrote on X. He added: 'Today, the America Party is formed to give you back your freedom.' Although still unofficial, Musk indicated that the new party would focus on unseating GOP lawmakers who voted for Trump's sweeping fiscal package. A poll posted by Musk on July 4 showed 65% of more than 1.2 million respondents supporting the creation of a third party. 'By a factor of 2 to 1, you want a new political party and you shall have it!' Musk wrote. Trump suggested that Musk's motivation may stem from specific provisions in the spending bill. 'He's probably upset because the Bill eliminates the ridiculous Electric Vehicle (EV) Mandate, which would have forced everyone to buy an Electric Car in a short period of time,' Trump said.
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India.com
an hour ago
- India.com
Dollar Dominance, Trade Risks & Delhi's Balancing Act – Why Trump's BRICS Threats Matter For India
New Delhi: At a time when India inches closer to finalising a trade deal with the United States, a thunderclap from Washington has cast shadows over the celebration. US President Donald Trump's blunt message, posted publicly this week, warned that any country aligning with what he described as BRICS' 'anti-American policies' would face an additional 10% tariff without exceptions. As one of the founding members of BRICS, India finds itself at the centre of this growing storm. The recently concluded Rio de Janeiro summit of the bloc had laid out an ambitious declaration. There was no mention of the United States, but it still sent ripples through Washington. The BRICS statement challenged unilateral economic measures, defended multilateralism, voiced concern over tariffs that disrupt global trade and pushed for changes to global governance. These words appear to have stung. What followed was Trump's retaliation. On his Truth Social platform, he wrote that siding with BRICS' economic vision would come at a cost. The timing could not have been more crucial. He is expected to begin announcing trade deals from Monday, and India is among the countries on the list. In Delhi, this new tension is being watched with a mix of caution and calculation. Trade experts in the capital believe the core of Trump's anger lies deeper within the BRICS push for currency alternatives. For years, Russia and China have spoken of a new financial system to bypass the dollar. In 2022, Russia even floated a proposal for a BRICS reserve currency. Many Indian analysts suspect this is what triggered Trump's fury. The dollar remains Washington's most powerful economic weapon. The United States used it in 2012 to isolate Iran and again in 2022 against Russia. Any attempt to weaken its grip invites blowback. Despite its lack of political cohesion, BRICS still threatens that power by raising the idea of currency diversification. Indian economists see the bigger picture. The call for a common BRICS currency faces hurdles. Political will is scattered. China's dominance in the bloc sparks unease among other members. But the conversations alone unsettle Washington. That is why even vague references to multilateral financial systems draw fire. Meanwhile, India, experts are of the view, must walk a fine line. It is preparing for what is being described as a 'mini trade deal' with the United States. Reports suggest Delhi has already agreed to a baseline 10% tariff, but higher rates – up to 26% – remain on the table. Agriculture and dairy continue to be sticking points. At the same time, India cannot ignore its standing in BRICS. It shares that space with strategic rivals like China but also long-standing defence and energy partners like Russia. The bloc includes emerging economies looking for new trade paths. Turning away completely would be costly. Domestic industry lobbies in India are growing nervous. Sectors like textiles, pharma and information technology could suffer if Trump hikes tariffs further. Executives fear the fallout of a new wave of American protectionism. What adds to the anxiety is the unpredictability. Trump has changed course before. His sudden termination of a long-standing free trade pact with Vietnam has become a cautionary tale. Despite the tensions, some foreign policy voices in Delhi urge calm. They argue that BRICS has always been an idea more than an institution. Its members rarely share political agendas or geographical interests. But that has not stopped it from becoming a target. Others believe Trump's aggressive approach may backfire. His posture could push India to double down on groups such as BRICS and the Global South. But that path brings its own dilemmas, especially with China pulling the strings in many of these platforms. At the heart of it all, the challenge remains the same – can India navigate between its old allies and emerging coalitions without inviting punishment from either? With Trump's new tariffs looming, the question is no longer hypothetical. The countdown has begun.
