Category: expansion

Harris Affirms ‘Unwavering’ US Defense Commitment to Philippines

MANILA—Washington will defend its oldest treaty ally, the Philippines, if it comes under attack in the South China Sea, U.S. Vice President Kamala Harris pledged on Monday, reaffirming America’s “unwavering” commitment to the former colony. Her comments followed a meeting with President Ferdinand Marcos Jr., who welcomed Harris for the first time at the Philippine…


Remembering James Polk, Our Dark Horse President Who Brought About America’s Largest Territorial Expansion

Shaking hands is one of the lesser known hazards of being an elected official. Politicians are required to perform this ritual frequently. And after an entire day of it, one’s hand can hurt and could even be seriously injured in the hands of an overly zealous supporter. To efficiently avoid this risk, our 11th president,…


Best Bargain of All Time: How Thomas Jefferson Doubled the Size of America at Five Cents per Acre

One of Thomas Jefferson’s greatest achievements was the Louisiana Purchase, in which the United States acquired 828,800 square miles of the French territory La Louisiane in 1803. Encompassing all or part of 14 current U.S. states, the land included all of present-day Arkansas, Missouri, Iowa, Oklahoma, Kansas, and Nebraska; parts of Minnesota that were west…


Santa Ana Zoo Rolls Out First Phase of $60M Expansion

Big plans to expand and upgrade an aging Santa Ana Zoo are now underway, thanks to a robust public-private partnership making the $60 million project possible. Aimed at renovating the oldest areas of the 70-year-old zoo, the overall project will include sprucing up the property, improving existing animal habitats, and adding new exhibits and attractions….


Suez Canal Expansion Due to Finish in July 2023: SCA Chairman

DUBAI—A project to expand parts of the Suez Canal is expected to be completed after two years of work in July 2023, the chairman of the Suez Canal Authority (SCA) said on Sunday. The SCA announced accelerated plans to extend a second channel of the canal and to enlarge an existing channel after the Ever…


Right Here, Right Now: Necessary Measures to Deter China

Commentary The Chinese Communist Party (CCP) has a long history of aggression. Since coming to power in 1949, the People’s Republic of China (PRC) has invaded Tibet and South Korea in 1950, aggressed against India in 1962, clashed with the Soviet Union in 1969, seized the Paracel Islands in 1974 from South Vietnam, invaded Vietnam…


Wells Fargo Sees ‘Bright Future Ahead’ for Microsoft

Wells Fargo analyst Micahel Turrin initiated coverage of Microsoft Corp. with an Overweight rating and a $400 price target, implying a 15 percent upside. Even after becoming one of the largest companies on the planet, Microsoft still has a “bright future ahead.” The company has continued growth opportunities in “huge categories” of IT spend, the ability further to monetize…


Brazil Nixes Welfare Expansion Announcement Amid Currency Sell-Off

BRASILIA—Brazil’s government canceled an announcement for a generous new welfare program on Thursday, after a central bank currency intervention failed to calm market concerns about looser government spending ahead of next year’s election. President Jair Bolsonaro, who has seen his poll numbers fall over his mishandling of the pandemic, a weak economy, and rising inflation,…


US Democrats Propose Dramatic Expansion of EV Tax Credits That Favors Big Three

WASHINGTON—U.S. Democratic lawmakers on Friday proposed an expansion of tax credits for electric vehicles that includes significantly higher subsidies for union-made zero emission models assembled in the United States. The proposal, a key part of President Joe Biden’s goal to ensure EVs comprise at least 50 percent of U.S. vehicle sales by 2030 and boost…


Democrats Propose Dramatic Expansion of EV Tax Credits That Favors Big Three

WASHINGTON—Democratic lawmakers on Friday proposed an expansion of tax credits for electric vehicles that includes significantly higher subsidies for union-made zero emission models assembled in the United States. The proposal, a key part of President Joe Biden’s goal to ensure EVs comprise at least 50 percent of U.S. vehicle sales by 2030 and boost U.S….