Washington Financial News

By Nandita Bose, Francesco Guarascio and Trevor Hunnicutt

Denzel Washington and Dakota Fanning starrer The Equalizer 3 was released in theaters on September 1, 2023, to a good response. The film got positive reviews and grossed $79 million at the box office worldwide. The Equalizer 3 brought together Denzel Washington and Dakota Fanning, who first starred together in Tony Scott's film Man on Fire in 2004, when Dakota was a child artiste. The Equalizer 3 director Antoine Fuqua has spoken about how Denzel Washington reacted to Dakota Fanning, who he first worked with when she was just a little girl. While talking to People magazine, Fuqua revealed how he made the actors' reunion happen after almost two decades. He said that Dakota Fanning reached out early on and Denzel Washington pushed for her to be a part of the film. One of the daughters of Denzel Washington is friends with Dakota Fanning, and the families have known each other since Man on Fire. Fuqua said it was “fun” for him to “just watch” the two-act on set, and for Washington to react. Dakota Fanning’s first acting experience was with Denzel Washington. Fuqua revealed that the 29-year-old is “very powerful, emotional. But you can see how she has grown quite a bit and I think it was more fascinating for Denzel than anyone else”. “Every once in a while, when I would yell cut, he would just look over and be like, 'I can't believe she's like a grown woman now!',” he added. Dakota Fanning had earlier expressed on Instagram about her working with Denzel Washington again as: «My gratitude to share the screen once again with the legend of all legends is endless. Can't wait.»

Joe Biden arrives in Vietnam on Sunday to deepen cooperation between the two nations, in the face of China's growing ambitions in the region. Biden — who is flying from the G20 summit in New Delhi — will meet the leader of Vietnam's ruling Communist Party, Nguyen Phu Trong, on Sunday, and is expected to sign off on a «comprehensive strategic partnership», Hanoi's highest level of diplomatic ties. The underlying goal of the short visit will be much the same as Biden's time at the G20 gathering — to shore up support against China's increasing influence. For Vietnam, the upgrading of diplomatic ties is significant.

Dennis Austin, who co-created the PowerPoint software almost 36 years ago which is still being used by millions, has passed away in the US. Austin, 76, died from lung cancer that metastasised to the brain, reports The Washington Post.

Gauff, the third American teenager to win the US Open after Tracy Austin and Serena Williams, thanked all those who doubted her talent. "Honestly thank you to the people who didn't believe in me," she joked. “To those who thought they were putting water on my fire, they were putting gas on my fire and I'm burning so bright right now." This win has come as a remarkable turnaround for Gauff, who was left distraught after a first round exit at Wimbledon in July.

AFP reported. After departing from the G20 summit in New Delhi, Biden is scheduled to hold a meeting with Nguyen Phu Trong, the leader of Vietnam's ruling Communist Party. During this visit, it is anticipated that they will formalize a "comprehensive strategic partnership," marking the highest level of diplomatic relations between Hanoi and Washington.

From Qantas’ descent to the prime minister’s diminished Yes campaign and what Cristiano Ronaldo’s $313m contract shows about oil. Here are the 10 best opinion reads from the week.

U.S. College Football Games Week 1 went smoothly but stretched over five days, Week 2 is more hectic with as many as 80 games packed in the Saturday window. With no extension of the holiday, Saturday will have the most busy schedule. Saturday's premiere match between No. 3 Alabama hosts No. 11 Texas begins at 7 p.m.The action in Tuscaloosa will be followed by a pair of interesting road contests for ranked, future Big Ten rivals, with No. 13 Oregon facing a wounded Texas Tech squad and No. 19 Wisconsin playing Washington State.

digital privacy, Apple has swiftly released its emergency software update, IOS 16.6.1, in response to the discovery of Pegasus spyware. Here's everything you need to know about this critical update.

climate change. Ah, but these food-safety regulations keep us safe, you might say. Yet in almost all cases, there is no regulation and the dates do nothing to keep us safe.

China has raised objections to the US hosting the Group of 20 nations in 2026 as already announced by President Joe Biden’s administration, according to four people familiar with the discussions.G-20 members rotate their presidency of the group, including the annual summit of world leaders, and the US has said it will take it on after India, Brazil and South Africa complete their respective yearlong stints. China’s objection — backed by Russia, according to one of the people — is mostly symbolic as it’s unlikely the decision will be reversed. The people asked not to be named since the discussions on the sidelines of the current G-20 in India are private. The Chinese move was first reported by the Financial Times. Beijing asked that its displeasure be recorded, according to the people, who didn’t know the reasons for China’s objections.

The IRS is launching an effort to crack down on 1,600 millionaires and 75 large business partnerships that owe hundreds of millions of dollars in past due taxes

digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said. The meeting, which is still being arranged, would confirm U.S. plans to boost Vietnam's global role in different segments of chipmaking, as part of Washington's broader strategy to reduce the sector's exposure to China-linked risks, including trade restrictions and tensions over Taiwan.

North Korea invited visiting Chinese delegates and Russian artists to a paramilitary parade featuring rocket launchers pulled by trucks and tractors, state media said Saturday, in leader Kim Jong Un's latest effort to display his ties with Moscow and Beijing in the face of deepening confrontations with Washington. The event in the capital, Pyongyang, which began Friday night to celebrate North Korea's 75th founding anniversary that fell on Saturday, came amid expectations that Kim will travel to Russia soon for a meeting with President Vladimir Putin that could focus on North Korean arm sales to refill reserves drained by the Kremlin's war on Ukraine. While China has sent a delegation led by Vice Premier Liu Guozhong to the North Korea's anniversary celebrations, Russia sent a military song and dance group. South Korean media speculated that the lack of Russian government officials at the festivities in Pyongyang could be related to preparations for a summit between Kim and Putin, which Washington expects within the month.

Taiwan will remain the world’s “indispensable and irreplaceable” source of the world’s most advanced microchips, the island’s US representative said, even as the Washington looks to ease its reliance on foreign partners for semiconductors.Hsiao Bi-Khim, the Taiwan government’s top emissary to the US, said Taiwan Semiconductor Manufacturing Co.’s move to build chip-making facilities in the US is an “important effort to further consolidate secure and stable supply chains.” At the same time, “we still see Taiwan as indispensable and irreplaceable,” Hsiao said in an interview on Bloomberg Television with Annmarie Hordern and Joe Mathieu. “It’s taken us decades to build the ecosystem that fosters the environment for very competitive production of semiconductor chips.” “As of now we don’t see anyone replacing that capacity that Taiwan has built over the years,” she said.TSMC, the world’s leading chipmaker, has committed to building a $12 billion facility in Arizona with the goal of making high-end semiconductors on American soil by late 2024.

Iranian oil earlier this year, Al Jazeera reported. Notably, this strong move by the US resulted in severe tensions in the Gulf. «This is the first-ever criminal resolution involving a company that violated sanctions by facilitating the illicit sale and transport of Iranian oil and comes in concert with a successful seizure of over 980,000 barrels of contraband crude oil,» said the Justice Department in a statement, according to Al Jazeera. The department hailed the move for «successfully disrupting a multimillion-dollar shipment of crude oil,» by the Islamic Revolutionary Guard Corps (IRGC). The Islamic Revolutionary Guard Corps is designated as a «foreign terrorist organization» in the US. Following its seizure of the Iranian oil, Washington charged Tehran with arresting a number of foreign ships transiting the Gulf. Tehran was outraged when the Pentagon revealed in August that it was deploying tens of thousands more US soldiers to the area to «support deterrence efforts» and guard maritime lines, notably the Strait of Hormuz., according to Al Jazeera.Iran has argued that capturing Iranian property in international waters is equivalent to piracy, whereas the US regards stopping Iranian oil ships as law enforcement. «Acts of trespassing on tankers carrying Iranian oil are a clear example of piracy,» Iranian Ministry of Foreign Affairs spokesman Nasser Kanasaid last month, as per Al Jazeera. In August, the US Secretary of State Antony Blinken said that Washington would welcome any steps from Tehran for de-escalating the «growing nuclear threats». He, however, also clarified that the process of bringing back US citizens detained in Iran is a «completely different» matter.

(Reuters) — A federal appeals court on Friday relaxed a lower court order that largely barred the Biden administration from talking to social media companies about removing content it considers to be misinformation, but left some restrictions in place.

Investigators say one of the engines on a United Airlines jet broke up over Denver in 2021 because of wear and tear on a fan blade that wasn't adequately inspected for signs of cracking

By David Shepardson

By Pete Schroeder

NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden pledged Friday to deepen the partnership between their countries in their second bilateral meeting in less than six months, as Delhi prepares to host a meeting among leaders of the Group of 20 leading industrialized and developing countries.