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Two indicted for illegally exporting chip gear from US to China: One Chinese national arrested in Chicago while another suspect thought to be abroad
theregister.com/2024/04/26/2_indicted_for_illegal_china_exports/
US to announce new restrictions on firearm exports, official says: The Biden administration plans to impose new restrictions on firearms exports and increase ...
reuters.com/world/us/us-announce-new-restrictions-firearm-exports-official-says-2024-04-26/
Biden Administration to Implement Most Sweeping Gun Export Regulations in Decades
time.com/6971292/biden-administration-gun-export-regulations/
The Biden administration plans to impose new restrictions on firearms exports and increase scrutiny on transactions to limit diversions of guns to drug cartels ...
reut.rs/4dfOKJF
US investigates China's access to RISC-V — open standard instruction set may become new site of US-China chip war
tomshardware.com/tech-industry/us-investigates-chinas-access-to-risc-v-open-source-instruction-set-may-become-new-site-of-us-china-chip-war
U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown: Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
nytimes.com/2024/04/25/business/us-economy-gdp-growth.html
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Elizabeth Warren Calls for Crackdown on Crypto’s Role in Child Sexual Abuse: US senators have called for fresh scrutiny of crypto’s role in paying for child ...
wired.com/story/elizabeth-warren-crypto-online-child-sexual-abuse/
US government reportedly ponders crimping China's use of RISC-V: Permissive licenses may be about to collide with geopolitics
theregister.com/2024/04/24/us_commerce_china_risc_v_investigation/
Quick Glance: US Government Considers Restricting China's Use of RISC-V
- The US Department of Commerce is reportedly considering lawmakers' calls to make it harder for China to use the RISC-V instruction set architecture (ISA).
- RISC-V is permissively licensed, allowing developers to access the ISA for free and create proprietary or open source implementations for various applications.
- The Commerce Department is now reportedly examining RISC-V to review potential risks and assess appropriate actions that could address concerns effectively.
- China is already embracing RISC-V, with local chip design firms utilizing the ISA to develop desktop PC chips for Chinese schools and a server-grade processor for Alibaba Cloud.
Inflation ticked higher in March as incomes, spending rose: Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace ...
thehill.com/business/4623490-pce-inflation-rises-march-2024/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
US is reviewing risks of China's use of RISC-V chip technology: The U.S. Department of Commerce is reviewing the national security implications of China's work ...
reuters.com/technology/us-is-reviewing-risks-chinas-use-risc-v-chip-technology-2024-04-23/
Fetterman, Warren lead Democrats in urging DEA to ‘swiftly’ take marijuana off Schedule I
thehill.com/policy/healthcare/4621316-fetterman-warren-democrats-dea-marijuana-scheduling/
US indicts 10 over aircraft parts supplied to Venezuela: The U.S. Justice Department on Monday unsealed an indictment charging ten people of conspiracy to evade ...
reuters.com/world/americas/us-indicts-10-over-aircraft-parts-supplied-venezuela-2024-04-22/
Elizabeth Warren slammed for wanting to ‘break up Apple’s smartphone monopoly’: U.S. Sen. Elizabeth Warren says she’s not a fan of “green texts on iPhones” and ...
bostonherald.com/2024/04/19/elizabeth-warren-slammed-for-wanting-to-break-up-apples-smartphone-monopoly/
Gina Raimondo says ‘we’ve out-innovated China’ amid chips war: Commerce Secretary Gina Raimondo proudly held up the progress of American industry on ...
thehill.com/homenews/administration/4609895-gina-raimondo-says-weve-out-innovated-china-amid-chips-war/
Warren slams TurboTax for upselling taxpayers during filing process: Sen. Elizabeth Warren (D-Mass.) criticized TurboTax on Monday for charging taxpayers for ...
thehill.com/business/4595223-warren-slams-turbotax-for-upselling-taxpayers-during-filing-process/
US State Dept expects to finalize AUKUS trade exemptions in next 120 days: The U.S. State Department said on Friday it expects to finalize trade exemptions for ...
reuters.com/world/us-state-dept-fully-expects-finalize-new-aukus-trade-exemptions-next-120-days-2024-04-19/
Feds appoint “AI doomer” to run AI safety at US institute: Former OpenAI researcher once predicted a 50 percent chance of AI killing all of us.
arstechnica.com/tech-policy/2024/04/feds-appoint-ai-doomer-to-run-us-ai-safety-institute/
Micron set to get $6 bln in chip grants from US, Bloomberg reports
reuters.com/technology/micron-set-get-6-billion-chip-grants-us-bloomberg-reports-2024-04-17/
Supply Chain Latest: Raimondo Defends US Industrial Policies: In the order of US presidential succession, the head of the nation’s Commerce Department barely ...
bloomberg.com/news/newsletters/2024-04-22/supply-chain-latest-raimondo-defends-us-industrial-policies
Biden gives Samsung $6.4 billion in grants to boost Texas chip output: The Biden administration will award up to $6.4 billion in grants to South ...
cnn.com/2024/04/15/tech/us-southkorea-samsung-chips-hnk-intl/
US wants allies to cut chip-related China exports amid Huawei alarm : Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and ...
ft.com/content/4ecea0a7-a5cd-40b0-8a24-b72c1c1a8996
U.S. chip bans not meant to hobble China's growth, Blinken says: U.S. export controls on sending advanced computing chips to China are not meant to hold back ...
reuters.com/technology/us-chip-bans-not-meant-hobble-chinas-growth-blinken-says-2024-04-26/
Elizabeth Warren faces heat for Israel genocide comments: ‘Amplify dangerous rhetoric’
bostonherald.com/2024/04/10/elizabeth-warren-faces-heat-for-israel-genocide-comments-amplify-dangerous-rhetoric/
Quick Glance: Elizabeth Warren under Fire for Israel Genocide Comments
- Senator Elizabeth Warren is facing criticism for her recent remarks regarding whether Israel is committing genocide in Gaza, with the ADL condemning her for amplifying 'dangerous rhetoric.'
- During a Q&A session at a Boston-area mosque last week, the senator was asked about a potential UN court ruling on Israel's actions in Gaza.
- Earlier this year, the International Court found it plausible that Israel has violated the Genocide Convention. The ICJ's legal proceedings are ongoing.
- Defense Secretary Lloyd Austin stated during a Senate hearing that there is no evidence of genocide being committed by Israel in Gaza, refuting accusations of supporting genocide.
Gold reclaims spot as Uganda's largest export commodity : In the 12 months to February, gold has re-emerged as the largest export commodity ...
monitor.co.ug/uganda/business/commodities/gold-reclaims-spot-as-uganda-s-largest-export-commodity--4601492
Robbins: Elizabeth Warren’s backbone AWOL on Israel: When Massachusetts Senator Elizabeth Warren, running for re-election and eager to placate the untethered ...
bostonherald.com/2024/04/15/robbins-elizabeth-warrens-backbone-awol-on-israel/
Editorial: Bob Kraft a good fit for Elizabeth Warren’s seat: The owner of the New England Patriots has a lot on his plate, but he's demonstrated the kind of ...
bostonherald.com/2024/04/24/editorial-bob-kraft-a-good-fit-for-elizabeth-warrens-seat/
Crypto executives put money behind longshot bid to oust Elizabeth Warren: More than half a dozen cryptocurrency executives and prominent enthusiasts have donated ...
politico.com/news/2024/04/12/crypto-executives-put-money-behind-longshot-bid-to-oust-elizabeth-warren-00151882
Warren requests student-debt relief for defrauded private borrowers: Millions of student-loan borrowers are being transferred from Navient to MOHELA ...
businessinsider.com/elizabeth-warren-cancel-student-debt-borrowers-transfer-navient-to-mohela-2024-4
TSMC wins $6.6 billion US subsidy for Arizona chip production: The U.S. Commerce Department said Monday it would award Taiwan Semiconductor Manufacturing Co's ...
reuters.com/technology/tsmc-wins-66-bln-us-subsidy-arizona-chip-production-2024-04-08/
Letters to the editor: Herald readers sound off on Biden's student loan forgiveness, the cost of caring for migrants, and Elizabeth Warren's stance on ...
bostonherald.com/2024/04/14/letters-to-the-editor-609/
Refuting Jurists, Lloyd Austin Says US Has No Evidence of Gaza Genocide: The U.S. defense secretary's remarks came after Sen. Elizabeth Warren and other law ...
commondreams.org/news/lloyd-austin-israel
Warren, Whitehouse demand Chamber explain decision to sue CFPB: Two Democratic senators are demanding answers from a pro-business lobbying giant regarding its ...
thehill.com/business/4590869-warren-whitehouse-demand-chamber-explain-decision-to-sue-cfpb/
Biden administration preparing to prevent Americans from using Russian-made software over national security concern
cnn.com/2024/04/09/politics/biden-administration-americans-russian-software/
Focus: As shale oil output slows, one deepwater port struggles for customers: As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious ...
reuters.com/markets/commodities/shale-oil-gains-slow-deepwater-port-struggles-customers-2024-04-22/
US lawmakers Elizabeth Warren and Ro Khanna seek to ban trade in water rights: Bill would stop private investors, including hedge funds, farmers and ...
theguardian.com/environment/2024/apr/18/water-scarcity-private-speculation
Flat whites are Australia’s greatest culinary export: They are even better than Vegemite
economist.com/culture/2024/04/11/flat-whites-are-australias-greatest-culinary-export
US CHIPS and Science program puts R&D funding on hold — highlighting intense demand that far exceeded initial expectations
tomshardware.com/tech-industry/semiconductors/us-chips-and-science-program-puts-randd-funding-on-hold-highlighting-intense-demand-that-far-exceeded-initial-expectations
US to consider concerns about China's Brite in trade sanction decisions: The Biden administration will consider concerns about Chinese chip designer Brite ...
reuters.com/technology/us-consider-concerns-about-chinas-brite-trade-sanction-decisions-2024-04-11/
China is funding the U.S. fentanyl crisis, House panel says in new report: The Chinese Communist Party uses tax rebates to subsidize the manufacturing and export ...
nbcnews.com/politics/congress/china-funding-us-fentanyl-crisis-house-panel-says-new-report-rcna147952
Quick Glance: China's Subsidization of Fentanyl Production Intensifying Crisis in the U.S.
- A report from a special House committee states that China is fueling the Fentanyl crisis in the U.S. directly by subsidizing the manufacturing of materials used by traffickers outside the country to produce the drug.
- The committee found that the Chinese government provides tax rebates for the production of specific Fentanyl precursors and other synthetic drugs as long as they are sold outside of China.
- The report highlights that China not only subsidizes the manufacturing of precursor chemicals but also thwarts investigations into illegal manufacturers by warning the targets when formal requests for assistance are made by U.S. law enforcement.
- Former Attorney General William Barr recommended that the U.S. should leverage its trade and economic power to push for stronger enforcement from Chinese authorities, and victims should take civil actions against companies and individuals involved in distributing the precursors and synthetic drugs.
TSMC stock price jumps on Biden's big deal to boost US chip making: TSMC's planned facilities are expected to produce 6,000 high-tech jobs and 20 ...
markets.businessinsider.com/news/stocks/tsmc-stock-price-biden-chips-act-manufacturing-arizona-fab-semiconductors-2024-4
Quick Glance: Billion-Dollar Deal Strengthens US Semiconductor Production and National Security
- The world's largest chipmaker is planning cutting-edge facilities in Arizona with substantial subsidies.
- From 2028, TSMC will produce its most advanced products in Arizona to boost US semiconductor production.
- The $65 billion investment in the US drives 2nm chip production and enhances national security.
- This move supports the goal of relocating 20% of global advanced semiconductor manufacturing onshore by 2030.
‘3 Body Problem’: What Social Media Reaction Says About China: The Netflix series showcases one of the country’s most successful works of culture ...
nytimes.com/2024/04/08/business/3-body-problem-china-reaction.html
Opinion | The Big Bank Elizabeth Warren Loves: There has never been a taxpayer scam like the federal student-loan forgiveness program.
on.wsj.com/3xys333
US Blacklists Four Chinese Firms for Helping Boost Military: The US has added four Chinese companies to an export blacklist for buying US-origin goods to support ...
bloomberg.com/news/articles/2024-04-11/us-blacklists-four-chinese-firms-for-helping-boost-military
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Student-loan borrowers faced 3.9 million errors with their bills: Dems: A new report from Elizabeth Warren and her colleagues called for student-loan forgiveness ...
businessinsider.com/student-loan-borrowers-faced-repayment-billing-errors-debt-cancellation-warren-2024-4
Why do so many Minnesota homeowners get free roofs after a hailstorm?: Stormy weather has been beating up local roofs lately. But insurance companies are also ...
startribune.com/roof-replacement-insurance-minnesota-hail-storms/600360134/
Quick Glance: Why do Minnesota homeowners get free roofs after hailstorms?
- Roofing contractors arrive in Erik Neu's Woodbury neighborhood after a hailstorm.
- Minnesota may have more routine insurance coverage for roof replacements after hailstorms.
- Insurance companies are shifting to paying the actual cost value remaining on roofs.
- Higher premiums for Minnesota homeowners stem from costly and frequent roof replacements.
Feds charge arms dealers with smuggling grenade launchers, ammo from US to Iraq and Sudan
usatoday.com/story/news/nation/2024/04/16/fbi-charges-arms-dealers-for-conspiring-to-send-weapons-to-sudan-iraq/73348240007/
Elizabeth Warren, Hasan Minaj and AOC Promote Free IRS Direct File: The Treasury Department has tapped comedian Hasan Minhaj, Sen. Elizabeth Warren and others to ...
variety.com/2024/biz/news/irs-tax-filing-hasan-minhaj-elizabeth-warren-aoc-1235966773/
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Vietnam surpasses India and Thailand and now becomes biggest rice supplier for Singapore
thestar.com.my/aseanplus/aseanplus-news/2024/04/20/vietnam-surpasses-india-and-thailand-and-now-becomes-biggest-rice-supplier-for-singapore
US to reduce licensing by 80% for UK, Australia to boost AUKUS: The U.S. Commerce Department is scaling back export control requirements for Australia and the ...
reuters.com/world/us-reduce-licensing-by-80-uk-australia-boost-aukus-2024-04-18/
Opinion | The IRS Is Here to Help With Direct File. Oh No: The tax man wants to file your taxes for you. What could go wrong?
wsj.com/articles/irs-direct-file-taxes-elizabeth-warren-joe-biden-aa7c214d
Warren slams MOHELA's request to postpone student-debt hearing: Student-loan company MOHELA requested that Sen. Warren agree to closed-door briefings instead of ...
businessinsider.com/elizabeth-warren-slams-student-loan-company-mohela-ceo-congress-testimony-2024-4
US, UK, Australia consider Japan's cooperation in AUKUS security pact: Britain, the U.S. and Australia said on Monday they are considering working with Japan ...
reut.rs/4aJS0Lk
Quick Glance: US, UK, Australia Consider Japan's Cooperation in AUKUS Security Pact
- The USA, UK, and Australia are considering collaborating with Japan under the AUKUS security pact to counter China's power in the Indo-Pacific region.
- Consultations on future cooperation between AUKUS partners and other nations, including Japan, are set to commence this year.
- Obstacles remain for Japan's potential involvement in advanced AUKUS projects, such as the need for improved cyber defenses and stricter rules for safeguarding secrets, despite its strong defense partnerships with the three countries.
- The AUKUS security pact, formed in 2021, aims to push back against China's influence, with one pillar focusing on delivering advanced technologies and capabilities in areas like quantum computing and artificial intelligence.
Chinese firms helping military get AI chips added to US export blacklist: The United States is adding four Chinese companies to an export blacklist for seeking ...
reuters.com/business/us-restricts-trade-with-11-entities-russia-china-uae-government-notice-says-2024-04-10/
How China Procured Advanced Nvidia AI Chips Despite US Sanctions: Explore the potential loopholes in export control regulations that allowed Chinese ...
gizchina.com/2024/04/24/china-acquires-nvidia-ai-chips/
Russia’s ‘complete embrace’ of North Korea could embolden Kim Jong Un, US says: Russia’s “complete embrace” of North Korea could increase Kim Jong Un’s appetite ...
english.alarabiya.net/News/world/2024/04/23/russia-s-complete-embrace-of-north-korea-could-embolden-kim-jong-un-us-says
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
Japan Tightens Export Controls on More Chip and Quantum Tech: Japan said it plans to expand restrictions on exports of four technologies related to ...
bloomberg.com/news/articles/2024-04-26/japan-tightens-export-controls-on-more-chip-and-quantum-tech
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Kotak Bank’s Stumbles Show Pitfalls of India’s Tech Ambitions: Prime Minister Narendra Modi wants to export India’s digital payments system to the world ...
bloomberg.com/news/articles/2024-04-26/kotak-bank-s-stumbles-show-pitfalls-of-india-s-tech-ambitions
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Türkiye's furniture exports quadruple in past 6 years: Furniture exports reach $8B in 2023, says head of Turkish woodworking federation
yenisafak.com/en/news/turkiyes-furniture-exports-quadruple-in-past-6-years-3682090
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China Overseas Investment Is at Eight-Year High as Firms Build Factories Abroad: China’s overseas investment is heading for an eight-year high as its dominant ...
bloomberg.com/news/articles/2024-04-25/china-firms-are-investing-abroad-at-fastest-pace-in-eight-years
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US Says Australia, UK Don’t Yet Meet Pacific Accord Requirements: Australia and the UK don’t yet meet arms export standards required for the Aukus partnership ...
bloomberg.com/news/articles/2024-04-25/us-says-australia-uk-don-t-yet-meet-pacific-accord-requirements
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Banned Nvidia AI chips end up in China embedded in Dell servers: Penalties for violating U.S. export controls include hundreds of thousands of dollars in fines ...
fastcompany.com/91111245/banned-nvidia-ai-chips-end-up-china-embedded-dell-servers
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
Centre looks to rejig MSME schemes: Access to finance is regularly seen as a key bottleneck for MSMEs. The promotion of export credit guarantees can help improve ...
financialexpress.com/business/centre-looks-to-rejig-msmenbspschemes-3467580/
MSME exporters are worst hit due to increased freight charges and doubled turnaround time
financialexpress.com/business/sme-msme-exporters-are-worst-hit-due-to-increased-freight-charges-and-doubled-turnaround-time-3467477/
US overtakes mainland China as Taiwan’s main export market, sign of ‘strategic shift’ amid tech decoupling
scmp.com/economy/global-economy/article/3260212/us-overtakes-mainland-china-taiwans-main-export-market-sign-strategic-shift-amid-tech-decoupling
US Commerce Secretary: Huawei's Kirin 9000 Chip Inferior to American Processors
techtimes.com/articles/303848/20240422/us-commerce-secretary-huaweis-kirin-9000-chip-inferior-american-processors.htm
Top Cocoa Grower Seeks to Avoid Export Defaults After Price Hike: Ivory Coast is seeking to avoid a wave of cocoa-export defaults with a plan to compensate ...
bloomberg.com/news/articles/2024-04-25/top-cocoa-grower-seeks-to-avoid-export-defaults-after-price-hike
Washington electric vehicle rebates up to $9,000 available beginning in August: Washington motorists will gain access this summer to new state rebates – up to $9 ...
columbian.com/news/2024/apr/26/washington-electric-vehicle-rebates-up-to-9000-available-beginning-in-august/
Welspun Corp receives LOA for export of line pipes worth Rs 611 crore from India to Latin America
financialexpress.com/business/industry-welspun-corp-receives-loa-for-export-of-line-pipes-worth-rs-611-crore-from-india-to-latin-america-3466756/
Biden’s LNG pause a sensible step for climate stability, health of communities: President Biden has spoken eloquently of the existential threat posed by the ...
thehill.com/opinion/4604349-bidens-lng-pause-a-sensible-step-for-climate-stability-health-of-communities/
EU bans products from forced labor - Products from modern slavery should no longer exist in the EU
stuttgarter-nachrichten.de/inhalt.eu-verbietet-produkte-aus-zwangsarbeit-produkte-aus-moderner-sklaverei-soll-es-in-der-eu-nicht-mehr-geben.6c8b2609-45e2-460a-80a2-037866de517f.html
Boise-based Micron gets combined $13.6 billion grant, loan for chip plants: The Biden administration chose Boise, Idaho-based Micron Technology for a $6 ...
columbian.com/news/2024/apr/26/boise-based-micron-gets-combined-13-6-billion-grant-loan-for-chip-plants/
Argentina Slashes Tariffs to Propel Auto Industry Forward: Argentina has made a significant strategic move to enhance its automotive industry's global ...
riotimesonline.com/argentina-slashes-tariffs-to-propel-auto-industry-forward/
Emmental cheese is in an export crisis: Never before has so little Emmental been sold as in 2023. The expensive cheese is having a hard time exporting ...
bernerzeitung.ch/der-emmentaler-kaese-ist-in-einer-exportkrise-334916528116
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Warren Rival for Senate Race John Deaton Argues for Coinbase in SEC Challenge: Lawyer-turned-politician John Deaton further reinforced his credentials as an ...
coindesk.com/policy/2024/04/26/warren-rival-for-senate-race-john-deaton-argues-for-coinbase-in-sec-challenge/
NBR halts export, import by Abdul Monem Group: The National Board of Revenue has suspended all imports and exports by Abdul Monem Group and all its subsidiaries ...
thedailystar.net/news/bangladesh/news/nbr-halts-export-import-abdul-monem-group-3594696
Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
coindesk.com/policy/2024/04/26/warren-flags-crypto-ties-to-child-sexual-abuse-in-letter-to-doj-homeland-security/
Japan sees 'transition phase' in dual-use military export controls : TOKYO -- Japanese companies would be required to notify the government before ...
asia.nikkei.com/Politics/Defense/Japan-sees-transition-phase-in-dual-use-military-export-controls
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Adnoc Buys Iraqi Oil in Plan to Export Its Own More Pricey Crude: United Arab Emirates oil giant Abu Dhabi National Oil Co. imported a crude oil cargo in a rare ...
bloomberg.com/news/articles/2024-04-26/adnoc-buys-iraqi-oil-in-plan-to-export-its-own-more-pricey-crude
Ricoh ScanSnap iX1600 Receipt Edition Review: The Ricoh ScanSnap iX1600 Receipt Edition is a fast receipt scanner that can export its extracted data directly ...
pcmag.com/reviews/ricoh-scansnap-ix1600-receipt-edition
Stalled Sh380m EPZ livestock project dims hope of ranchers: Nearly a decade later, the project has become a white elephant.
nation.africa/kenya/counties/taita-taveta/stalled-sh380m-epz-livestock-project-dims-hope-of-ranchers-4603290
California salmon fishing season will be closed for 2nd year in row: This will be only the fourth time in history that the salmon fishing season in California ...
sfchronicle.com/climate/article/california-salmon-fishing-season-closed-2nd-year-19396099.php
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