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Continue reading →: China launches several Dongfeng ballistic missiles into waters around Taiwan’s northeast and southwest coasts;
China’s foreign minister called Nancy Pelosi’s visit to Taiwan a “manic, irresponsible and highly irrational” Beijing sees Taiwan as Chinese territory to be taken by force if necessary and has undertaken a decadeslong military buildup to achieve that goal and deter the U.S., the island’s longtime security partner. Still, many…
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Continue reading →: WNBA star Brittney Griner found guilty of smuggling drugs into Russia and sentenced to 9 years in a penal colony;
Griner, a superstar in women’s basketball, has been detained in Russia since February. Officials in Russia said a verdict in her case was necessary before a prisoner exchange could be carried out. Earlier Thursday, prosecutors asked a judge to sentence Griner to more than nine years in prison on drug charges coupled…
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Continue reading →: House Speaker Nancy Pelosi lands in Taiwan on Tuesday, defying stern warnings from Beijing;
Mrs. Pelosi, the highest-ranking U.S. official in a quarter-century to visit the island, which Beijing claims as part of its territory, is set to meet Wednesday with Taiwanese President Tsai Ing-wen. During her meeting with President Tsai Ing-wen, Mrs. Pelosi said the U.S. wouldn’t abandon its commitment to Taiwan, framing her…
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Continue reading →: Sen. Joe Manchin (D., W.Va.) agrees to $369 billion legislation on climate and energy programs;
The deal, negotiated privately between Senator Manchin and Senate Majority Leader Chuck Schumer (D., N.Y.) since the start of last week. Of that new revenue, roughly $369 billion would be spent on climate and energy programs, including tax credits for buying electric vehicles, with another $64 billion dedicated to extending…
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Continue reading →: U.S. economy falls into recession as second quarter GDP growth shows -0.9%;
America’s GDP fell at a 0.9% annualized rate in the second quarter, a preliminary estimate from the Bureau of Economic Analysis showed Thursday morning. Thursday’s numbers indicate that the economy has been struggling to stay above water during the historic monetary policy tightening cycle by the Federal Reserve, which is trying to lower…
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Continue reading →: Senate passes $280 billion dollar legislation to boost U.S. chip production;
The bill to boost scientific research and the U.S. semiconductor industry, sending the legislation on to the House. The CHIPS and Science Act of 2022 dedicates public money to fostering a domestic semiconductor industry. A $39 billion fund would provide direct financial assistance for the construction and expansion of manufacturing facilities,…
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Continue reading →: Biden administration redefines ‘recession’ ahead of Thursday’s GDP growth release;
We’re not going to be in a recession, in my view,” Biden himself told reporters Monday. In particular, officials are stressing to the public that though the coming report may show that gross domestic product shrank for the second consecutive quarter, the United States is not really entering a recession.…
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Continue reading →: Pentagon considering providing Ukrainian forces with U.S. fighter jets | White House states;
As the Ukraine-Russia war is set to enter its fifth month, the US is mulling increasing its military aid to the Eastern European country. On Friday, John Kirby, the National Security Council coordinator for strategic communications, said that the Pentagon “is making some preliminary explorations into the feasibility of potentially…
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Continue reading →: Here We Go, Again | World Health Organization: Monkeypox outbreak is now a global emergency;
The World Health Organization said the expanding monkeypox outbreak in more than 70 countries is an “extraordinary” situation that now qualifies as a global emergency. The emergency declaration mostly serves as a plea to draw more global resources and attention to an outbreak. Past announcements had mixed impact, given that…
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Continue reading →: Pentagon leadership is reviewing an assessment of the military’s role in the Afghanistan conflict;
The draft report, which was submitted to top Pentagon officials earlier this month, is one of a series of assessments. The Pentagon’s report was sent back earlier this year for revisions to broaden its scope, according to a Department official. But so far, none of the reports has been released,…
