Browsing Tag

US

Ethan Crumbley’s sentencing for Oxford school shooting

TL/DR - Oxford High School student Kylie Ossege gave a victim impact statement in court, recounting the day of the school shooting where she was injured. She described her initial shock, thinking a balloon had popped, the realization of being shot, and the time she spent lying on the ground next to 14-year-old victim Hana St. Juliana. Ossege…

Yellen visits NC lithium plant to support Biden’s economic plan

TL/DR - U.S. Treasury Secretary Janet Yellen is promoting new clean energy investments enabled by U.S. tax incentives as President Joe Biden struggles to earn voter recognition for the benefits. Yellen is touring a facility in North Carolina that processes lithium hydroxide, used in electric vehicle batteries. She highlighted that $614 billion…

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…