CHIPS Act Passed by House of Representatives

The measure now awaits the president’s signature. On Thursday, the House of Representatives passed legislation to support the production of semiconductors, increase employment in that industry, and technologically…

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China Warns U.S. Regarding Taiwan

Presidents Biden and Xi have a lengthy phone conversation.  President Joe Biden and Chinese President Xi Jinping had a phone conversation that lasted well over two hours on…

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Senators Call for Russia to be Designated Terrorism Sponsor

They renewed calls for the president to get tougher with Moscow.  Senators Lindsey Graham of South Carolina and Richard Blumenthal of Connecticut called on President Biden’s administration to…

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Administration Announces Funding for Rural Internet

The program is part of the infrastructure plan.  President Biden’s administration announced Thursday that it will allocate  $401 million to provide access to high-speed internet for 31,000 rural…

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CDC Reports First Cases of Monkeypox in Children

Public health emergency declaration is being considered. The Centers for Disease Control and Prevention (CDC) found the first two cases of monkeypox in children last week. The children…

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U.S. Southern Commander Hopes to Grow “Neighborhood”

General Richardson draws focus to relationships with Latin America and the Caribbean. During the Aspen Security Forum in Colorado, U.S. Southern Commander Army General Laura Richardson outlined concerns…

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Administration Launches Solar Energy Initiatives

The goal is to cut energy costs and create jobs while addressing climate change.  President Biden’s administration is launching several initiatives that intend to increase the use of…

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Fed Raises Rates 0.75 Percent Again

Credit tightens as the economy begins to slow.  On Wednesday, the Federal Reserve raised its benchmark interest rate by three-quarters of a point for the second straight time…

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Senate Passes Chip Manufacturing Bill

The objective is stronger competition with China.  With a large bipartisan majority, the Senate on Wednesday passed a $280 billion bill to subsidize the domestic microchip manufacturing industry…

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Presidents Biden and Xi to Teleconference

Taiwan and Ukraine may both be on the agenda.  President Biden said Wednesday that he expects to speak with Chinese President Xi Jinping “within the next 10 days”…

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