• White House says US support for Israel is 'ironclad,' will 'support their defense' amid Iran attack

    The White House vowed Saturday that the United States' support for Israel's security is "ironclad," pledging to stand with the Jewish state and "support their defense" after Iran launched an aerial drone attack towards the country Saturday afternoon.  Iran launched drones from its own territory toward Israel late Saturday, days after its Supreme Leader warned it would hit back in response to an airstrike on the Iranian consulate in Syria that left several generals dead.  "Iran has begun an...

  • US is increasing pressure on ASML

    The US will urge the Netherlands to impose more restrictions on exports of chip manufacturing equipment from ASML to China. According to Reuters news agency, this was confirmed by sources on Thursday. The Biden administration plans to pressure the Netherlands next week to stop servicing some ASML equipment in China, two people familiar with the […]

  • US Supporting Ukraine for Own Benefit: Russia

    A spokesperson for Russian President Vladimir Putin has claimed that a renewed effort in Congress to send more military aid to Ukraine is about "putting guaranteed money" back in U.S. pockets.Speaker of the House Mike Johnson announced this week that he would be putting forward a series of standalone bills on foreign aid and border security, finally allowing a House vote on President Joe Biden's requested $61 billion Ukraine aid package after months of partisan gridlock.Dmitry Peskov, Putin's...

  • Blinken to Pressure China on Russian Military Support

    State Department spokesperson Matthew Miller told reporters on Tuesday that Secretary of State Antony Blinken will raise U.S. concerns about Beijing’s military assistance to Russia during an upcoming meeting in China later this month. "What we have seen over the past months is that there have been materials moving from China to Russia that Russia

  • What bank earnings can tell us about the economy

    Over the next week, six major banks will be reporting their earnings. Higher interest rates could affect both sides of their balance sheets.

  • The No-Landing US Economy Is Too Hot to Cool Inflation

    The Fed’s view that recent high readings of inflation were part of a bumpy trip back to 2% inflation needs to be revisited. After another poor inflation number, rate cuts are on ice indefinitely, with the probability the Fed won’t be able to cut in 2024 at all rising significantly.

  • In support of full private sector-led economy

    PRESIDENT Bola Tinubu should walk his talk that the Nigerian economy can only grow when the private sector is in full control. Seeking the support of the organised private sector when he hosted the members to a Ramadan dinner in Abuja recently, the President acknowledged that he could not succeed without the OPS. From the Read More

  • Support for Cuba in the US opens holes in the blockade

    Washington, Apr 6 (Prensa Latina) While some small sectors in the United States currently oppose rapprochement with Cuba, in others they are trying to build bridges amid a strict blockade that has lasted more than six decades. The post Support for Cuba in the US opens holes in the blockade first appeared on Prensa Latina.

  • At G7, Blinken seeks European support for pressure on China

    The United States urged European powers to increase pressure on China at a G7 foreign ministers meeting in Italy on Thursday, as Washington accuses Beijing of helping Russia's military expansion. The Americans hope in particular that European nations will pressure China to reduce military support for Russia, at a time

  • Mexico Ends Chinese Automaker Incentives After US Pressure

    The U.S. doesn't want Chinese automakers to use Mexico to avoid tariffs

  • Invest in the US industrial base to support our Navy and AUKUS: Raven

    In this op-ed, Under Secretary of the Navy Erik Raven lays out why he believes Congress should support the service’s 2025 budget request.

  • China supporting Russia in massive military expansion, US says

    Beijing helping with drone production, space-based capabilities and ballistic missile productionChina is helping Russia undertake its biggest military expansion since Soviet times, ramping up sales of machine tools, microelectronics and other technology that Moscow is using to produce missiles, tanks, aircraft and other weaponry for its war against Ukraine, according to a US assessment.US officials are hoping the release of the intelligence will encourage European allies to press China, as the...