U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
Posted inBanking and Financial Institutions Credit and Debt Defense and Military Forces Embargoes and Sanctions International Relations Politics and Government Russian Invasion of Ukraine (2022) United States International Relations US Dollar (Currency)

U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up

Despite legal reservations, policymakers are weighing the consequences of using $300 billion in Russian assets to help Kyiv’s war effort.
Red Sea Attacks Add Another Snarl to Global Shipping
Posted inBP Plc Canals Defense and Military Forces Defense Department Drones (Pilotless Planes) Economic Conditions and Trends Hamas Houthis International Relations International Trade and World Market Israel-Gaza War (2023- ) Maersk Line Oil (Petroleum) and Gasoline Panama Canal and Canal Zone Red Sea Ships and Shipping Suez Canal Supply Chain Terrorism United States Economy

Red Sea Attacks Add Another Snarl to Global Shipping

Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
Biden Administration Chooses Military Supplier for First Chips Act Grant
Posted inComputer Chips Defense and Military Forces Defense Contracts F-35 Airplane Factories and Manufacturing Federal Aid (US) Military Aircraft Shortages Supply Chain Tax Credits, Deductions and Exemptions United States Economy United States International Relations United States Politics and Government

Biden Administration Chooses Military Supplier for First Chips Act Grant

The award, which will go to BAE Systems, is part of a new government program aimed at creating a more secure supply of semiconductors.