Policy
SBA bars businesses with any noncitizen owners from its main 7(a) and 504 loan programs
Reported by AI Image generated by AI Fact checked
The U.S. Small Business Administration has made companies ineligible for SBA-backed 7(a) and 504 loans if any portion of the business is owned, directly or indirectly, by someone who is not a U.S. citizen or U.S. national—excluding legal permanent residents who previously qualified. The change took effect March 1, 2026, and has drawn pushback from some Democrats and small-business advocates.
A new report from the Ellen MacArthur Foundation urges policymakers to integrate bio-based materials into circular economy strategies. The analysis finds that renewable materials such as cotton, wood, and rubber have largely been overlooked, missing opportunities worth trillions of dollars and significant climate benefits.
Reported by AI
Norway is banning younger schoolchildren from using generative AI tools. Cautious use is permitted starting at age 13.
The Department of Education announced four interagency agreements today to improve coordination with other federal agencies. The moves are part of efforts to reduce bureaucracy while maintaining existing protections for students.
Reported by AI
Chief Executive John Lee Ka-chiu said the government will seek public input before deciding on the future of childbirth incentives including the HK$20,000 newborn bonus that expires in October.
Prime Minister Mostafa Madbouly chaired the Economic Ministerial Group meeting in the New Administrative Capital to review the IMF reform programme, inflation and investment reforms.
Reported by AI
The Department of Education has issued Order No. 003, s. 2026 to guide AI integration in Philippine classrooms. Signed by Education Secretary Sonny Angara on February 20, 2026, the order provides the first comprehensive national framework for AI in basic education.
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