Semiconductors form the backbone of modern electronics, powering everything from smartphones and computers to advanced medical devices and innovative military technology. The United States has long been a leader in semiconductor manufacturing, but in recent years, the industry has faced increasing competition from overseas manufacturers. Recognizing the strategic importance of maintaining a strong domestic semiconductor […]
WEIRTON, W.Va. (WTRF) -- In December, the Pittsburgh-based steel company U.S. Steel agreed to sell the company to Japan’s largest steel manufacturer, Nippon Steel. Now, two U.S. Senators are calling on President Biden to look deeper into this sale and the effects it could have on the country. Just months after U.S. Steel agreed to []
“It’s absolutely the case that our export controls have hurt their ability to conduct the war, made it harder,” Raimondo said.
Treasury's Office of Foreign Assets Control targeted 16 people and two entities in Iran that produce engines that power the drones used in the April 13 attack on Israel.
Eric Zuesse (blogs at https://theduran.com/author/eric-zuesse/) The way that the U.S. empire expands its control into targeted countries so as to perpetrate coups that formerly the CIA had been doing (such as, most famously, in Iran 1953, Guatemala 1954, and Chile 1973 — all of which replaced a democratically elected progressive leader by a fascist dictator […]
President Joe Biden will give a speech Thursday in Syracuse, New York, about the recent investment in semiconductor factories. The speech will address how the CHIPS and Science Act will strengthen semiconductor manufacturing in the U.S. The event is expected to begin at 2 p.m. CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER The […]
WASHINGTON >> The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.
Over 30 countries have imposed restrictions on the social media platform.
U.S. military sources told Reuters on Monday that the cost of the proposed ‘humanitarian pier’ in Gaza has risen to $320 million. Initial estimates for the project were reported to be roughly half of that amount. The construction effort, said to involve roughly 1,000 U.S. military personnel, was initiated by the Biden administration to serve
Faced with growing global demand and China’s control of many supply chains, the U.S. is becoming increasingly concerned about its access to critical minerals.
How will Biden conceal the inflation rampaging throughout his term? The latest scheme appears to be draining the Strategic Petroleum Reserve to the last drop. It’s already down to 17 percent, because Biden opened the spigot when his idiotic sanctions on Russian energy back in 2022 boosted prices at the pump into the stratosphere, always a terrifying development for homo politicus. Biden tamed gas prices by emptying most of the SPR. Now he may finish it off, because no, he can’t have gas prices...
This ends a six-quarter period where GDP growth remained at 2% or higher. But the decrease may not be a cause for concern at this point.