U.S. wheat, corn and soybean futures fell on Tuesday as macroeconomic concerns, strong competition from global grain exports and some forecasts for favorable rains in the Midwest next month supported production prospects, analysts said. “The wet outlook removed the single factor providing stability to the grains and oilseeds markets, causing prices to fall today,” Arlan […]
Joran van der Sloot pleaded no contest to extradition to the United States
EPAIn van der Sloot 2012 NOS news•Today, 22:20 Joren van der Sloot pleaded no contest to extradition from Peru to the United States. His lawyer told Andhra News Agency. Van der Sloot is in a high-security prison in Peru over the 2010 murder of Peruvian student Stephanie Flores. In America he was accused of extorting […]
The US will not tolerate a Chinese ban on micron chips
China’s move is seen as retaliation for trade restrictions imposed by the US last year. Commerce Secretary Gina Raimondo is outraged by China’s move to ban imports of Micron memory chips from the United States. In a conversation with reporters this weekend said Raimondo said the United States “will not tolerate” China’s ban, which it […]
China is considering tax incentives for manufacturers
The Chinese government is considering stimulating the economy with tax breaks for some manufacturers, insiders tell Bloomberg News. The new tax policy could save some manufacturers hundreds of billions of yuan, a source said. However, the plans are yet to be finalized and need to be approved. Also Read: China takes first baby step with […]
Can America still pay its bills after June 1?
You’ve no doubt noticed that the United States of America is currently rapidly emptying its coffers to pay its bills. Its debt ceiling reached $31.4 trillion in January, and since then it has been living off reserves, which are now starting to run out. There are those who argue that the US will not be […]
For the first time, the Philippines, the United States and Japan are conducting a joint exercise of the Coast Guard
The coast guards of the United States, Japan and the Philippines are conducting trilateral naval exercises in the South China Sea this week, the first between them amid growing concerns over China’s moves in the region. The June 1-7 exercise in waters off Bataan province is an initiative of the US and Japan, with Australia […]
US: China ban on micron chips is economic coercion and will not be tolerated – IT Pro – News
In this case, you can’t miss Tsinghua, which wanted to take over Micron in 2015 and then decided to build DRAM memory and 3D non-memory fabs in Wuhan. Often the emphasis is on the interests of the state, but there are more interests in the geopolitical playing field. Tsinghua has a major interest in HP’s […]
Investors look to inflation data and US debt ceiling | economy
28 mei 2023 om 16:19Update: 7 uur geleden A preview of what awaits financial markets next week: Investors will mainly monitor inflation figures from various European countries and the US debt ceiling. As for the business figures, it is quiet. Statistics Netherlands will release its first estimate of inflation figures for May on Thursday. Figures […]
Biden and Republicans reach tentative agreement to raise US debt ceiling | economy
28 mei 2023 om 05:18Update: 8 uur geleden US President Joe Biden has reached a tentative deal with Republicans to raise the US government’s debt ceiling. With that, the US appears to be out of the danger zone for now, but Congress still has to vote on the deal. According to sources, the US is […]
A tentative deal to raise the US debt ceiling
Negotiators from the White House and the Republican majority in the House of Representatives reached an agreement Saturday night to raise the debt ceiling. It appears to ensure payment of US debts and avoid a financial crisis with potential international impact. The deal still needs to be ratified by the House and Senate. President Joe […]