Controversial cluster bombs sent to Ukraine? They’re expected to be part of a new aid package, set to be announced on June 7. Over 100 countries have banned the weapons, find out why. U.S. Treasury Secretary Janet Yellen criticizes Beijing on her second day in China. She brought up punitive actions taken against U.S. firms and new…
NTD Good Morning (July 7): Biden Admin. Sending Cluster Bombs to Ukraine?; Yellen Criticizes CCP for Treatment of U.S. Firms
‘Dare to Fight’: Xi Jinping Tells Military to Deepen War Planning
“Dare to fight”: Xi Jinping tells the Chinese military to deepen its war planning. The second U.S. cabinet official to visit China in a month, Treasury Secretary Yellen is kicking off a trip to Beijing on Thursday. Beijing takes a new swipe at Washington, telling Japan and South Korea, “You can never become a Westerner.”…
Is Bidenomics for Real?
July 6, 2023
admin
BidenomicsBrightbudgetingBusiness & Marketseconomic policieseconomypersonal financesupply-side economicsUSUS Newsyellen
0 Comment
What a difference a year makes. In 2020, under former president Donald Trump, inflation in the United States averaged 1.4 percent. One year later, inflation’s annual rate was 8 percent. As of June 2023, it’s hovering around 4 percent. That’s still higher than what the past administration had. Now, President Joe Biden is touting an…
EV Maker Polestar Hopes to Gain From Biden Tax Credit
Would a Chinese-owned automaker’s electric cars qualify for a possible White House tax credit? In a tit-for-tat scheme in the U.S.-China trade war, Beijing now restricting exports of two metals used in semiconductors. A movement to quit the Chinese Communist Party is being celebrated by one county in New York state. A Chinese surgeon has…
Yellen Set to Visit China This Week in Bid to ‘Deepen Communication’
July 2, 2023
admin
Business & MarketsChinaChina Newseconomic policiesExecutive BranchPoliticsSecretary of the Treasury Janet YellenUSUS NewsUS-China relationsUS-China relationshipyellen
0 Comment
U.S. Treasury Secretary Janet Yellen is traveling to China this week for talks with senior Chinese officials, the Treasury Department said on Sunday. Yellen will be the second highest-ranking U.S. official to visit China in weeks as the United States attempts to improve ties with China’s ruling communist party. Yellen will travel to Beijing from…
Cold Shoulders and Open Arms: Beijing’s Power Play With Washington
Bill Gates is kicking off a trip to China. Will he meet with Chinese leader Xi Jinping? His trip overlaps with a top American diplomat’s visit there, but lately, Beijing has opened its arms to business leaders while giving politicians the cold shoulder. What’s behind China’s power play with Washington? Topics in this episode: Cold…
Government Employees Sue Biden, Yellen to Force Override of Debt Ceiling
President Joe Biden and Treasury Secretary Janet Yellen have been sued by a union representing some 75,000 government employees demanding that the administration ignore the debt ceiling on grounds that the borrowing limit is unconstitutional. The National Association of Government Employees (NAGE), which filed the lawsuit in a federal court in Boston on Monday, argues that…
Chinese Companies Eye US Green Energy Subsidies
A Chinese-owned battery plant in Michigan is eligible for U.S. subsidies? The money is supposed to boost domestic clean energy manufacturing and reduce U.S. dependence on China, especially for solar panels and electric car batteries. So why are these Chinese companies reaping benefits from American taxpayer funds? We dive in for an explanation. Topics in…
Yellen, Financial Regulators Tighten Rules on Non-Bank Firms, Revise Trump-Era Guidelines
Led by U.S. Treasury Secretary Janet Yellen, a consortium of top financial regulators voted on Friday to issue proposed guidelines designed to enhance the stability of the financial system in the wake of one of the most significant shocks since the 2008 financial crisis. The new guidelines put forth by Yellen and the Financial Stability Oversight…
Yellen Says US-China Relations at a ‘Tense Moment,’ Seeks ‘Constructive’ Solutions
In a speech delivered at a global economic forum, U.S. Treasury Secretary Janet Yellen described the current state of U.S.-China relations as being at a “tense moment” and emphasized the need for a productive approach towards bolstering economic ties with China. Yellen acknowledged the ongoing tensions between the two economic giants but expressed optimism for…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`