Browsing Tag

NAMER

Biden and Xi Meet Amid Military, Economic Disputes

TL/DR - US President Joe Biden and Chinese leader Xi Jinping are set to discuss a range of contentious issues, including Taiwan, the South China Sea, the Israel-Hamas war, Russia's invasion of Ukraine, North Korea, and human rights. The meeting is aimed at easing tension between the two superpowers over varied conflicts. However, with vast…

US IRA Unlikely to Deter Firms’ Overseas Expansion: Gotion High Tech

TL/DR - The Inflation Reduction Act (IRA) introduced in the US is unlikely to prevent companies from expanding abroad because businesses flourish through competition and not regulation or subsidies, says the chairman of Chinese battery maker Gotion High Tech. Even as the IRA, an anti-inflation measure that offers tax benefits based on…

Blinken’s Ukraine Visit Overshadowed by Fatal Market Strike

TL/DR - US Secretary of State Antony Blinken is set to meet Ukrainian President Volodymyr Zelenskiy in Kyiv to provide support to Ukraine's four-month long counteroffensive against Russia. Blinken is expected to announce a new US wartime assistance package amounting to over $1 billion. This visit was overshadowed by a Russian attack on the…