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Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts canceled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent…
Biden official says there’s no evidence that Ukraine is misusing US assistance A top Biden administration official affirmed that no evidence exists that Ukraine is misusing the financial assistance it is receiving from the United States. Samantha Power, the administrator of the U.S. Agency for International Development (USAID), said during a CNN town hall on…
” Ukraine collabs with international consultants to update crypto framework “ Working on their national crypto framework, the amendments to the law “On virtual assets,” the Ukrainian regulatory community actively collaborates with international experts. The list includes the international consultancy firm Ernst&Young and the USAID Financial Sector Reform project. On Dec. 1, the Advisory Council on the…