Reviving American Manufacturing: Challenges, Strategies, and Election Promises
The U.S. manufacturing sector faces major hurdles despite political promises, with global competition, high labor costs, and uncertain demand slowing progress.
How Biden’s Asylum Ban is Reshaping Immigration Dynamics
Biden’s asylum ban shows early success in reducing border apprehensions, but legal challenges and long-term impacts loom large
Biden to Impose a Minimum Tax on Billionaires in Budget Proposal
The White House is reportedly to ask Congress to enact a new minimum tax on billionaires as part of a budget proposal aimed at revitalizing President Biden’s domestic strategy and reducing the deficit. According to various media outlets, the Biden administration will seek a new minimum tax on billionaires in its 2023 budget proposal, which […]
Analysis: Dealmakers see M&A rush, then chills, in Biden’s antitrust crackdown
July 12 (Reuters) – Dealmakers expect a new wave of transformative U.S. mergers and acquisitions (M&A), as companies rush to complete deals before President Joe Biden’s antitrust push takes shape, to be followed by a slowdown when regulators start cracking down. Biden signed a sweeping executive order on Friday to bolster competition within the U.S. […]
Wide gulf, slim hopes as Putin and Biden arrive for summit
GENEVA, June 16 (Reuters) – Shaking hands in front of a grand Geneva villa, U.S. President Joe Biden and Russian President Vladimir Putin on Wednesday began their first summit since Biden took office, with deep disagreements likely and expectations of solving them low. Both have said they hope their talks can lead to more stable […]
Analysis: Gaza truce shifts focus to Egypt’s regional role
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
N. Korea says Biden policy shows hostile U.S. intent, vows response
North Korea lashed out at the United States and its allies in South Korea on Sunday in a series of statements saying recent comments from Washington are proof of a hostile policy that requires a corresponding response from Pyongyang. The statements, carried on state news agency KCNA, come after the White House on Friday said […]
Biden pleads for unity, warns of Chinese threat, in speech to Congress
President Joe Biden proposed a sweeping new $1.8 trillion plan in a speech to a joint session of Congress on Wednesday, pleading with Republican lawmakers to work with him on divisive issues and to meet the stiff competition posed by China.
Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown
An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. “The easy money has been made for small caps and for […]
In historic move, Biden says 1915 massacres of Armenians constitute genocide
U.S. President Joe Biden on Saturday said the 1915 massacres of Armenians in the Ottoman Empire constituted genocide, a historic declaration that infuriated Turkey and is set to further strain frayed ties between the two NATO allies.
