In a statement U.S. House of Representatives Speaker Nancy Pelosi said US lawmakers want to provide “lethal defense weapons” worth $600 million to Ukraine to battle the Russian invasion. “What we’re doing with Ukraine is making sure that we have… Read More ›
lawmakers
Australia imposes more sanctions on Russia
On Friday, Australia imposed more sanctions on Russia targeting many of its elite citizens and lawmakers and termed China’s actions of easing trade restrictions on Moscow as being “unacceptable”. “We will work along with our partners for a rolling wave… Read More ›
Benefits of digital pound can be achieved by alternative means with fewer risks: Economic Affairs Committee Chair Michael Forsyth.
On Thursday British lawmakers warned, a digital pound which will be used by consumers is likely to affect the country’s financial stability, erode privacy and raise the cost of credit. The digital pound would need greater appraisal before its widespread… Read More ›
The resignation of Britain’s Brexit Minister creates increased uncertainty of issues surrounding Northern Ireland
Britain’s Brexit minister David Frost has submitted his resignation last week over disillusionment with the direction British Prime Minister Boris Johnson was leading the country after Brexit. Frost’s resignation raises question of Britain’s future tone with EU over post Brexit… Read More ›
Combining NDAA and USICA would benefit high profit defense contractors and chipmakers who shifted US manufacturing to China: Senator Bernie Sanders
In a statement U.S. House and Senate leaders stated, lawmakers will try to reach a final agreement on a bill aimed at boosting the competitiveness of U.S. technology vis-à-vis China’s semiconductor manufacturing. Senate Democratic Majority Leader Chuck Schumer had sought… Read More ›
EU lawmakers back European Parliament environment committee, strengthens EU’s negotiating position in upcoming summit
Lawmakers from the European Parliament environment committee are fully backing the EU governments’ position for the COP26 climate summit, wherein countries will finalise rules to put the 2015 Paris Agreement into effect. The COP26 summit, will run from October 31… Read More ›
Huawei’s CFO Meng Wanzhou returns to China in quid pro quo
In a significant development, Huawei’s Chief Financial Officer Meng Wanzhou arrived back in China after fighting U.S. extradition for around three years, in yet another sign of weakening global clout of the United States. The move also reflects a change… Read More ›
DOJ’s Antitrust Division and the Justice Department’s budget gets boost from the President
In a significant development U.S. President Joe Biden has proposed a hike of 11% in budgetary funding for the Federal Trade Commission and the Justice Department’s Antitrust Division, both of which have filed major lawsuits against big tech companies in… Read More ›
FB extends donation ban on Republicans who voted against Biden’s electoral certification
In a statement social media giant Facebook Inc said, it will resume making donations to U.S. lawmakers but will not support 147 lawmakers who voted against U.S. President Joe Biden’s electoral certification in January. Pending a review of the January… Read More ›
U.S. revokes sanction waiver against Israeli mining company Gertler
In a significant development, the United States revoked a sanctions waiver to Israeli mining magnate Dan Gertler, which was issued during the last days of the Trump Administration. In a statement, the Treasury Department said, exempting Gertler from sanctions was… Read More ›