U.S. Senate Majority Leader Chuck Schumer said on Tuesday he has directed lawmakers to craft a package of measures to counter China’s rise, capitalizing on bipartisan hardline sentiment on Beijing in Congress to strengthen the U.S. tech sector and counter unfair practices. Schumer said at a weekly press conference that he has directed committees to […] Read more
President Joe Biden’s press secretary delivered a striking message to Saudi Arabia’s de facto leader Crown Prince Mohammed bin Salman on Tuesday. Jen Psaki told a press conference, using diplomatic language, that the U.S.-Saudi relationship — particularly that with the kingdom’s crown prince — is being downgraded. “On Saudi Arabia I would say we’ve made […] Read more
DUBAI, United Arab Emirates — Saudi Arabia, in a bold and unexpected move, announced late Monday that by 2024 its government would cease doing business with any international companies whose regional headquarters were not based within the kingdom. The news has investors, bankers and expat workers buzzing — and scratching their heads. Saudi Arabia in recent years […] Read more
EY CEO Carmine Di Sibio has suggested that the main threat to businesses under the Biden administration will be the possibility of higher corporate taxes. Di Sibio told Karen Tso that he thought U.S. President Joe Biden, who was sworn into office last Wednesday, would “listen to business.” “I think he’s a centrist,” Di Sibio […] Read more
Italy averted further political chaos on Tuesday after Prime Minister Giuseppe Conte survived a confidence vote in the upper house of Parliament. The country had been embroiled in fresh political uncertainty over the past week after a smaller party withdrew its support for the coalition government — thus stripping it off from having a majority in Parliament. […] Read more
Russian authorities have detained opposition politician Alexei Navalny in custody for 30 days, according to his spokesperson, following a rushed court hearing inside a police station. Kira Yarmysh said on Twitter Monday that a judge had decided Navalny would be kept in police custody through to Feb. 15. She added that it was not yet […] Read more
President Donald Trump, a man hyperaware of his achievements and place in history, will add a first to his record on Wednesday. Seven days before the president leaves office, the House plans to charge him with high crimes and misdemeanors for inciting an insurrection at the U.S. Capitol last week. Trump will become the first president impeached […] Read more
President-elect Joe Biden’s signaling of a shift in America’s foreign policy objectives is welcome news in Berlin, where German officials have fretted over tariffs for the last four years. Biden said he will turn away from outgoing President Donald Trump’s “America First” strategy to a more outward-looking U.S. that seems eager to lead, and to […] Read more
Although it has been stated frequently, the 2020 presidential election, and the congressional, particularly the senate, elections, are clearly the most important since the elections of 1860. At stake is whether the country shall remain a democratic republic, or descend into the treacherous abyss of socialism. Democrats enter presidential elections with a virtually inherent electoral […] Read more
In 1960, the first formalized presidential debates took place. The participants were Massachusetts Senator John F. Kennedy, the Democratic candidate, and Vice President Richard M. Nixon, the Republican candidate. This time there was a moderator and a panel of television reporters. Both candidates were experienced politicians and, in the series of four debates, responded reasonably […] Read more
