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News & Updates
March 5, 2021 In battle with U.S., China to focus on 7 ‘frontier’ technologies from chips to brain-computer fusionSource: CNBC
In its five-year development plan, the 14th of its kind, Beijing said it would make “science and technology self-reliance and self-improvement a strategic pillar for national development,” according to a CNBC translation.
Source: Rio Times
Although the pandemic has delayed the fulfillment of some of the goals, in several countries in the region the pace was stepped up so as not to compromise the goals amid the crisis, as occurred in Chile, which has the best...
President Joe Biden has agreed to a compromise with moderate Democrats to narrow the income eligibility for the next round of $1,400 stimulus checks that are included in a bill the Senate is expected to take up this week, a...
March 4, 2021 What Biden’s Sustainability Agenda Means for Business
Executive orders recently signed by President Biden put the environment squarely at the heart of U.S. federal policy, and for good reason. The future competitiveness of the U.S. economy is at stake, and climate action is an...
March 3, 2021 Jamie Dimon warns too much COVID-19 relief could pose threat to US economy, says Dems should be 'cautious'Source: Fox Business
Democratic lawmakers should be cautious about spending too much money on coronavirus relief efforts, according to JPMorgan Chase CEO Jamie Dimon, who warned this week that "overdoing it" on fiscal stimulus could lead to runaway...
While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon to address some of the recent tumults in the bond market.
March 2, 2021 Warren bill would impose wealth tax on $50M householdsSource: The Hill
The bill, called the Ultra-Millionaire Tax Act, would create an annual tax of 2 percent on the net worth of households and trusts between $50 million and $1 billion and a tax of 3 percent on net worth above $1 billion. The rate...
Source: The Guardian
Global stock markets rallied on Monday amid rising hopes for a sustainable economic recovery from Covid-19 and as investors’ concern over a sell-off of government bonds fizzled out.
March 2, 2021 US government and EU announce separate major funding for cocoa sustainability in West AfricaSource: Confectionery News
Following reports of serious issues in Côte d’Ivoire and Ghana’s cocoa supply chains, the EU and the US Labor Department have both announced financial aid to help the two countries.
Source: The Guardian
Rochelle Walensky, the director of the federal Centers for Disease Control and Prevention (CDC), warned on Monday that a recent increase in coronavirus cases indicated a “fourth surge” could occur before a majority of the US is...
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