Americans are seeing the highest levels of inflation in four decades. Earnings from retailers are showing a split in shopping patterns even as prices of everything ranging from toothpaste to TVs have curbed the spending habits of US consumers. While… Read More ›
Joe Biden
Biden’s Iran strategy needs more clarity
Even as the United States gets ready to tighten sanctions and counters Iranian threats, it is at the same time making efforts to revive the 2015 Iran nuclear deal. “We do not have a deal … and prospects for reaching… Read More ›
Lockheed Martin expects weapon sales jump beyond Ukraine Russia theatre: CEO
US weapons giant Lockheed Martin Corp plans on doubling the production of Javelin missiles, said its Chief Executive Officer James Taiclet. Lockheed Martin aims to boost the production of the anti tank weapon system from 2,100 to 4,000 per year in… Read More ›
Musk acquires Twitter Inc for $44 Billion
In a significant development Elon Musk has agreed to acquire Twitter Inc for $44 billion in an all cash deal. Musk, who terms himself as a free speech absolutist, was earlier critical of Twitter’s moderation. He aims to place Twitter’s algorithm… Read More ›
UK, Australia and US agree to collaborate on hypersonic weapons
In a significant development, the United States, Britain, and Australia agreed to collaborate on developing hypersonic weapons and electronic warfare capabilities. The new AUKUS alliance, launched in September 2021, prompted Australia to cancel a contract for a conventional French submarine… Read More ›
State Department approves weapons sales to Taiwan worth $95M
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of defense equipment to Taiwan including items to support the Patriot Air Defense System and training in a deal valued at up to $95 million…. Read More ›
Biden bans oil and other energy imports from Russia
In a statement U.S. President Joe Biden said, the United States would ban the import of Russian crude oil as well as other energy imports in retaliation to its invasion of Ukraine. “We’re banning all imports of Russian oil and… Read More ›
Russia’s invasion of Ukraine puts Biden’s leadership to the test
On Thursday, Russian President authorized on what he called a “special military operations” into the Donbass region of Ukraine triggering the highest ever US-Russia tensions since the cold war. Putin ordered the deployment of the Russian military into Ukraine despite… Read More ›
Biden deploys troops, F-35 fighter jets, AH-64 Apache attack helicopters to NATO’s eastern flank
U.S. President Joe Biden’s announced a re-distribution of troops in Europe includes sending 800 infantry soldiers to the Baltic region and up to 8 F-35 fighter jets to several operating locations along NATO’s eastern flank, said a U.S. official on… Read More ›
Biden signs executive order prohibiting trade and investment with Ukraine rebel held regions
U.S. President Joe Biden has signed an executive order prohibiting trade and investment by U.S. individuals in the two breakaway regions of eastern Ukraine which have been recognized by Russia as being independent, said the White House. The executive order… Read More ›