U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies
Posted inBanking and Financial Institutions Biden, Joseph R Jr Defense and Military Forces Executive Orders and Memorandums Russia Russian Invasion of Ukraine (2022) Supply Chain Treasury Department United States International Relations United States Politics and Government

U.S. to Clamp Down on Financial Firms That Help Russia Buy Military Supplies

President Biden will sign an executive order granting the Treasury Department broader powers to curb the flow of weapons components.
U.S. Prepares to Lift Ban on Sales of Offensive Weapons to Saudi Arabia
Posted inBiden, Joseph R Jr Civilian Casualties Embargoes and Sanctions Gaza Strip Houthis Israel Mohammed bin Salman (1985- ) Peace Process Red Sea Saudi Arabia Senate Committee on Foreign Relations United States International Relations United States Politics and Government War Crimes, Genocide and Crimes Against Humanity

U.S. Prepares to Lift Ban on Sales of Offensive Weapons to Saudi Arabia

Some lawmakers are likely to oppose the move, but officials said the Biden administration has noted the kingdom’s de facto cease-fire with the Houthi militia in Yemen.
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Global Warming Greenhouse Gas Emissions Hyundai Motor Co Inflation (Economics) Inflation Reduction Act of 2022 Nissan Motor Co Prices (Fares, Fees and Rates) Production Sports Utility Vehicles and Light Trucks Stellantis NV Supply Chain Tax Credits, Deductions and Exemptions Tesla Motors Inc United States Volkswagen AG

Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.