Portsuppe

Finance news

2,385 items · filtered by Ticker: US

Clear filter
39d06/04war-conflict · 2/5

Trump Jnr tells investors he would avoid investing in China

US President Donald Trump’s eldest son warned against investing in China during an event for investors on Thursday in Zurich, even as his father’s administration has pushed forward on plans to improve commercial ties between the two countries. “I wouldn’t,” Donald Trump Jnr said when asked at the invitation-only event if he would invest in China. “I don’t think we can pretend they’re an ally. That would be, I think, foolish.” Trump Jnr, who shares the position of executive vice-president of the.

unclassifiedchina · asia
39d06/04

US farm chief says reliance on China threatens American ‘freedom’

US Agriculture Secretary Brooke Rollins told lawmakers on Thursday that American dependence on China for food, fertiliser and other agricultural inputs poses an “existential” threat, framing food security as a national security issue while defending the White House’s reduced fiscal 2027 budget request. “If we need to rely on China for our food and our fertiliser and all the things that come with that, we will lose what we understand to be liberty and freedom in this country. That’s how important

unclassifiedchina · asia · usa
39d06/04

A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper

The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by the Department of Energy's (DOE) Pacific Northwest National Laboratory (PNNL) in Richland, Washington State. According to PNNL, the newly commissioned production line features a total of 16 pieces of equipment in

unclassifiedmiddle-east · russia · usa
39d06/04war-conflict · 2/5

Putin says Trump ideas could bring peace in Ukraine, urges Kyiv to compromise

President Vladimir Putin said on Thursday that US President Donald Trump’s proposals for peace in Ukraine could end the fighting, but said Kyiv needed to compromise – and that he saw no signs of that, so was ready to fight on to victory. Speaking to foreign media editors on the sidelines of Russia’s annual economic forum in what is the fifth ‌year of Europe’s deadliest land war since World War II, Putin said Russia would defeat Ukraine on the battlefield if necessary. But he said it was also...

unclassifiedchina · asia · europe
39d06/04

Venezuela’s Debt Overhaul Faces New Controversy

When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The removal of a long-serving head of state is almost always followed by economic chaos. Following the removal of Saddam Hussein, Iraq’s oil production fell by 36%, and its economy shrank by almost a quarter. But Venezuela, against considerable odds, has avoided that fate. President Delcy Rodríguez has stabilized the home front while reopening the country’s oil industry to American capital

unclassifiedmiddle-east · russia · usa
39d06/04war-conflict · 3/5

Canada PM unveils AI strategy, warns of foreign dominance

Canadian Prime Minister Mark Carney launched his AI strategy on Thursday, warning that his country’s slow adoption of the frontier technology had created risks and that domestic capacity needed a boost to avoid it being “weaponised against us”. Reducing Canada’s reliance on the US is a central part of Carney’s agenda, and his AI strategy nodded to concern about the influence of US tech giants. “We are highly dependent on foreign suppliers for the infrastructure that powers AI,” he said. “That...

unclassifiedchina · asia
39d06/04

Georgia’s Government Backs a Controversial Crypto Push

Tether, the world's largest stablecoin issuer, has announced a major investment in Georgia and plans to launch GEL?, a digital token pegged one-to-one to the Georgian lari, a currency used only within the country of 3.7 million. The move signals growing crypto ambitions in the South Caucasus, but also raises concerns about transparency, as it comes with full backing from the authoritarian-leaning Georgian government. Stablecoins are designed to hold a fixed value, typically pegged to the US doll

unclassifiedmiddle-east · russia · usa
39d06/04

Trump foe John Bolton to plead guilty in classified information case

Former Trump administration national security adviser John Bolton has agreed to plead guilty to a single count of retaining classified information under a deal with the US Justice Department that could allow him to avoid prison time, a person familiar with the matter said on Thursday. The deal would resolve a criminal case filed in October that charged Bolton with 18 counts of either retaining or disseminating classified information, including diary-like notes from his time in government that...

unclassifiedchina · asia · usa
39d06/04

Hong Kong signs 96 agreements with Kazakhstan and Uzbekistan worth US$1.65 billion

Hong Kong has signed 96 agreements with Kazakhstan and Uzbekistan worth US$1.65 billion during city leader John Lee Ka-chiu’s visit to Central Asia, which he hailed as a “successful” mission setting the stage for closer government and business ties with the region. Lee on Thursday also said Hong Kong had initiated an agreement with Uzbekistan that paved the way for airlines on both sides to launch a new direct route, days after the city’s flag carrier Cathay Pacific Airways announced it would...

unclassifiedchina · asia
39d06/04

Why America’s Gas Power Boom Could End in Disaster

There are over 100 new gas fired power stations under construction in the US. The US Energy Information Administration (EIA) projects that domestic gas demand will rise 6% next year as some of those new plants enter commercial operation. All we can say is this is not likely to be a blip but rather a new, higher, demand baseline. These new gas power plants are designed to last more than thirty years. As we’ve said before, this is the transition in central station power generation that the US util

unclassifiedmiddle-east · russia · usa
39d06/04war-conflict · 3/5

Are Japan-Philippines talks a maritime red line for China’s blue-water ambitions?

Beijing’s strong opposition to maritime boundary talks between Manila and Tokyo reflects growing wariness over a shifting balance of power in the western Pacific. And, experts warn, these talks – part of a highly calculated geopolitical effort by US allies – could reinforce the so-called first island chain and restrict Beijing’s naval access in an area vital to any potential conflict over Taiwan: its clear red line. Tensions have sharpened since Japan and the Philippines announced last week that

unclassifiedchina · asia · taiwan
39d06/04war-conflict · 3/5

U.S. Lawmakers Push New Ukraine Aid and Russia Sanctions

The US House of Representatives voted on June 3 to advance legislation providing new military assistance to Ukraine, overcoming opposition from the administration and marking the first major Ukraine support measure to gain traction in Congress since Donald Trump's return to office. The House approved a procedural motion by a vote of 218-204, clearing the way for a final vote on the Ukraine Support Act, a bill that would provide billions of dollars in military assistance, strengthen sanctions aga

unclassifiedmiddle-east · russia · usa
39d06/04

Trump to nominate Todd Blanche as US attorney general

President Donald Trump said he would ⁠move to ⁠nominate acting US Attorney ⁠General Todd Blanche on Thursday to permanently lead the Justice Department, which would make his former personal lawyer the nation’s top law enforcement officer. “He’s acting attorney general. Tomorrow. ‌I’m instructing Dan (Scavino) and everybody else that’s involved in that very complicated process – which is going to go, I think, very quickly – that we are going to make him permanent attorney general,” Trump said at.

unclassifiedchina · asia
39d06/04

‘Brilliant’: US public cheers dancing Unitree robots while Congress looks to ban them

A gulf is emerging between how the American public and lawmakers are viewing Chinese robots, analysts say, following a high-profile performance by Chinese robotics champion Unitree’s humanoid robots on US television show America’s Got Talent, which received a standing ovation from the studio audience. While ratings figures have yet to be announced, the appearance of Unitree’s G1 robots on a prime time American television show in its season premiere could contribute to mainstream acceptance of...

unclassifiedchina · asia · usa
39d06/04

US-China policy under Donald Trump is heading for ‘unpredictable drift’: expert

Soon after Donald Trump concluded a visit to China that he hailed as a great success, America’s top diplomat joined his Indian, Japanese and Australian counterparts in New Delhi for a meeting of the Quadrilateral Security Dialogue. At the meeting on May 26, US Secretary of State Marco Rubio and the foreign ministers launched the Quad Critical Minerals Initiative Framework, a strategic push to curb global reliance on Beijing for rare earth elements. Member states are pooling up to US$20 billion..

unclassifiedchina · asia · usa
39d06/04

As India rises in critical minerals race, can it dent China’s dominance?

A new India-US pact on critical minerals has put the spotlight on New Delhi’s potential as an alternative to China, but analysts say despite the country’s significant resources, it is unlikely to dent Beijing’s dominance in the sector any time soon. Delhi and Washington signed a framework agreement on May 26 during US Secretary of State Marco Rubio’s visit to India to secure supplies of critical minerals and rare earths, including their mining and processing. According to a US embassy statement,

unclassifiedchina · asia · usa
PrevPage 62 / 80Next