Joe Biden News
11.08 / 08:43
11.08 / 08:43
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Utah's multibillion dollar oil train proposal chugs along amid environment and derailment concerns
One of the United States' biggest rail investments in more than a century could be an 88-mile line in Utah that would run through tribal lands and national forest to move oil and gas to the national rail network
11.08 / 06:57
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Provident
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Disaster
Joe Biden urges Congress for $40 billion to back Ukraine, restoring disaster aid: Report
Also Read: Russia-Ukraine War: US to give $400 million military aid package for Ukraine: Report The proposal was designed to garner backing from both Republicans and Democrats, focusing particularly on addressing border-related concerns, a significant agenda for the GOP. Republicans have strongly criticized the Biden administration's methods of curbing the influx of migrants from Mexico.
11.08 / 05:39
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Strategy
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NOT
Joe Biden’s China strategy is not working
Joe Biden unveiled his latest weapon in America’s economic war with China. New rules will police investments made abroad by the private sector, and those into the most sensitive technologies in China will be banned. The use of such curbs by the world’s strongest champion of capitalism is the latest sign of the profound shift in America’s economic policy as it contends with the rise of an increasingly assertive and threatening rival.
11.08 / 05:13
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Lowe's
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Marketmind: Bonds droop as inflation cheer fades
A look at the day ahead in European and global markets from Tom Westbrook
11.08 / 04:19
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Digital
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Executive
executive order
What Biden's executive order means for U.S. investors in China
BEIJING — The Biden administration's long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented.
11.08 / 04:13
country
folk
US President
Time
China is a ‘ticking time bomb’: US President Joe Biden says, here's why
US President Joe Biden has expressed concern regarding China, and called the country a "ticking time bomb". According to Biden, China's demographic and economic problems could be a threat to the rest of the world. At a political fundraiser, Biden said, "China is in trouble" because growth has slowed and the number of people in retirement age outnumber those of working age.
11.08 / 02:25
11.08 / 01:01
Adoption
white house
Military
generative AI
Pentagon forms ‘Task Force Lima’ to map generative AI for US defense
The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense.
10.08 / 18:47
10.08 / 18:47
10.08 / 17:29
10.08 / 16:39
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Manufacturing
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Indian
China slips into deflation. How will this affect Indian economy?
Covid-19 pandemic induced lockdown. According to reports, the official consumer price index, a measure of inflation, fell by 0.3% last month from a year earlier. On Tuesday, official figures showed that China's exports fell by 14.5% in July compared with a year earlier, while imports dropped 12.4%.
10.08 / 11:07
Facebook
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Action
social
Court to weigh curbs on Biden administration's contacts with social media firms
court on Thursday will weigh lifting a Louisiana judge's order limiting the Biden administration's ability to communicate with social media companies to urge them to moderate information it deems harmful or misleading. A three-judge panel of the conservative-leaning 5th US Circuit Court of Appeals in New Orleans is set to hear arguments in the administration's appeal of the judge's ruling, which found that the government wrongly pushed social media firms to suppress disfavored political views.
10.08 / 10:55
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Fighting
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EOS
country
US venture capitalists gain greater access to China
US investors who spent years fighting strict limits on their ability to invest in China scored a victory Wednesday when President Joe Biden released an order imposing only light curbs on the flow of money to the world’s second-largest economy.
10.08 / 10:51
Technology
US
Global
US to ban 'high tech' investment in China for security reasons
The US government also said it will require US firms to notify the Treasury Department of such investments in Chinese artificial intelligence and semiconductor technology.
10.08 / 09:47
Cooper
EU Commission to analyse US order on tech curbs in China
European Commission will analyse the US ban on new US investment in China in sensitive technologies such as computer chips and is in close contact with the US administration, the EU executive said on Thursday. US President Joe Biden on Wednesday signed an executive order to prohibit or restrict US investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
10.08 / 09:39
Enterprise
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cover
social
Biden's tech curbs to keep investors sidelined, fearing more steps
Joe Biden's move to prohibit some US technology investments in China is expected to keep investors on the sidelines, concerned that tougher measures are ahead as tensions simmer between the world's two biggest economies. US private equity and venture capital investors have already hit the brakes on sensitive technologies in China as relations have worsened since the administration of Biden's predecessor, Donald Trump, over issues from tech to China's industrial policies to national security.
10.08 / 09:29
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UK considers response to US ban on tech investments in China
Joe Biden to prohibit some tech investments in China, adding it was continuing to assess potential national security risks. Biden signed an executive order on Wednesday that authorizes the US Treasury secretary to prohibit or restrict US investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.
10.08 / 06:57
UPS
Reuters
Strategy
Inside
ASEAN
US President
US President Joe Biden's Asia trip unlikely to include attendance at ASEAN summits
Reuters further reported Biden is not anticipated to travel to Indonesia. Furthermore, a Washington-based ambassador representing an ASEAN member revealed that Indonesia was informed on Monday about Biden's decision to not attend. Asked if it was correct that Biden would not be going to Indonesia, a senior White House official told Reuters on Tuesday: "We're still working on it ...
10.08 / 04:37
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Cooper
investment policy
China says US investment policy 'severely disrupts' global supply chains
Beijing on Thursday vowed to «safeguard» its interests against a new US policy to restrict investment in Chinese technology, accusing Washington of disrupting global supply chains. US President Joe Biden hours earlier announced an executive order directing the Treasury Department to restrict certain US investments in China in sensitive high-tech sectors including semiconductors, quantum computing and artificial intelligence.
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