March 2024

TL/DR - Chile anticipates its lithium to qualify for subsidies under the US Inflation Reduction Act, potentially boosting investment in the country’s lithium reserves. Chile's Economy Minister, Nicolas Grau, believes the law’s structure may allow for locally-manufactured lithium cathode to be incorporated into electric vehicles receiving US…

TL/DR - A man was critically injured after being shot multiple times on a Brooklyn subway platform, perpetrated by a person of interest who was later arrested. The shooting occurred after an argument and fight between the shooter, aged 32, and the victim, aged 36, with the latter initially wielding a knife and then a gun before being shot by the…

TL/DR - Palestinian President Mahmoud Abbas has appointed Mohammad Mustafa, a US-educated economist, as the next prime minister as part of the US's push to reform the Palestinian Authority for Gaza's postwar vision. Abbas tasked Mustafa with drafting a plan to reunite administration in the West Bank and Gaza, lead government reforms, and fight…

TL/DR - Foreign giants such as Taiwan Semiconductor Manufacturing Company, Samsung, and LG, initially wooed to invest in the U.S. through incentives provided by the CHIPS Act and the Inflation Reduction Act, are expressing concerns over high costs and subsidy uncertainties. Samsung's $17 billion chipmaking plant in Texas saw costs rise by over $8…