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The Week in Numbers: It’s About Trump And May

Credit: Gage Skidmore

US President Donald Trump had a major setback this week after failing to repeal the Affordable Care Act, more commonly known as Obamacare. Consequently, there are doubts as to whether Trump can make good his promises on tax cuts, which were supposed to be paid from healthcare savings. Any cuts now could add to the budget deficit and derail Trump’s plans to eliminate national debt “over a period of eight years”. This is certainly challenging, given the U.S. hasn’t been debt-free since 1835.

Meanwhile, the United Kingdom Prime Minister, Theresa May, triggered Article 50 of the Lisbon Treaty, formally launching negotiations for the country to exit the European Union (EU) in two years. UK may also have to pay an “exit” bill, which could be as much as £50 billion. This is for the obligations that UK has to the EU.

Despite the uncertainties in the US and the UK, the Straits Times Index (SGX: ^STI) in Singapore hit a 12-month high of 3,184.6 points on Wednesday. It ended the week at 3,175.1 points.

Changi Airport said that it handled 4.67 million passengers last month, which is an increase of 1.5% compared to a year ago. However, aircraft movement dropped 1.7% to 28,030 landings and take-offs. As of 1 March 2017, more than 100 airlines operate at Changi Airport, connecting our country to around 380 cities worldwide. Interestingly, an aircraft takes off or lands at Changi Airport nearly once every 90 seconds.

And finally, its alright to leave used tissue in your bowls, plates, or cups at coffee shops or hawker centres, according to the National Environment Agency (NEA). The NEA clarified that it has not been taking action for such acts, following a message on social media that claimed a person was fined S$200 for doing so.

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