The Biden administration is holding a sale of oil and gas drilling rights off the coast of Alaska on Friday, the first federal auction in the region in more than five years. The sale of nearly 1 million acres in the Cook Inlet is one of the concessions to the oil and gas sector in the climate change law signed …
Oil prices continued to rise on Tuesday due to the expectation that Chinese demand for the fuel will continue to increase. The second largest economy in the world is taking further steps to release the strict Corona policy. For example, travelers going to China will no longer have to quarantine from January 8. The country opens its borders after three …
The U.S. government is once again blacklisting Chinese companies. 36 companies are involved, including chip manufacturer Yangtze Memory Technologies (YMTC). US blacklisted companies cannot do business with US suppliers without a license. They are also strictly controlled. According to Bloomberg News Agency, the US Department of the economy is already adding Chinese companies to the trade list this week. The …
The United States violated international trade agreements when tariffs on aluminum and steel were imposed under former president Donald Trump. This was decided by the World Trade Organization WTO. The United States rejected the organization’s decision. Nor will it lead to the removal of taxes. Under Trump, in 2018, import duties of 25 percent were imposed on global imports of …
Tuesday, November 29, was a date that was circled in red on the calendar in both Moscow and Washington. For a week, the so-called “start treaty”, the only nuclear agreement still standing between the two countries, was to be negotiated. One day earlier, First Russia, and later also the USA, renounced. It means a new freeze in the relationship between …
Twitter owner Elon Musk advises people to vote for the Republicans on Tuesday in the midterm elections for the US Senate and House of Representatives. The richest man in the world shared that message in a tweet with his almost 115 million followers on the social medium. Musk argues that a shared power curbs the worst excesses of both camps. …
The US government expects to make a deal with allies on new measures against China in the near future. These measures should limit the Asian’s access to advanced chip production tools. A source in the US Department of Commerce told Reuters. The Ministry published a series of new export restrictions aimed at China earlier this month. In doing so, it …
Higher oil prices and Saudi Arabia’s flirtation with Russia show that the United States no longer has control over the Gulf states. A few days ago, OPEC+, a partnership of thirteen countries that export oil, led by Saudi Arabia and Russia, decided to drastically reduce oil production: two million barrels a day less. This has led to a much higher …
President Joe Biden has signed a decree calling for Europeans ‘to be better protected’ from possible abuse by intelligence agencies. It is now up to the European Commission to determine whether the pact meets the requirements. The presidential decree instructs the US government to take certain measures against the use of data of European citizens, according to a press release. …
A U.S. judge has dismissed a Mexican government complaint against U.S. arms manufacturers. Under US law, manufacturers cannot be held liable for what is done to their weapons. Mexico demanded $ 10 billion in damages (10.2 billion euros) from weapons manufacturers such as Smith & Wesson, Glock and Colt for their weapons smuggled from the US being used by violent …
