President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.
Category: Politics and Government
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Energy Dept. Cancels Loan Commitment for Grain Belt Express
The project, known as Grain Belt Express, had drawn fierce opposition from some landowners and Republican lawmakers.
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White House Pushes to Block Government Accountability Office Inquiries Into Its Cuts
Republicans are seeking to undermine the Government Accountability Office as it investigates, and considers suing, over the Trump administration’s withholding federal funds.
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China’s Problem With Competition: There’s Too Much of It
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.
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Nvidia C.E.O. Treads Carefully in Beijing
Jensen Huang, the chipmaker’s chief executive, is trying to balance his company’s interests as the United States and China compete for supremacy in artificial intelligence.
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China Is Spending Billions to Become an A.I. Superpower
Beijing is taking an industrial policy approach to help its A.I. companies close the gap with those in the United States.
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France Proposes Cutting Two Public Holidays to Avert Budget Crisis
Drastic measures are necessary “before we are crushed by the debt,” the country’s prime minister warned.
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In ‘Apocalypse in the Tropics,’ Director Petra Costa Examines Brazil’s Rightward Shift
The director Petra Costa examines a rightward shift in her country by zeroing in on the rise of a televangelist.
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Gilberto Gil Steps Away From the Stage, Vowing ‘My Music Will Continue’
At 83, the lauded Brazilian singer and songwriter whose career in music and politics has encompassed six decades is on a farewell tour.
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Why This Country’s Stock Market Is Up 30% This Year
South Korea has zoomed upward in anticipation that a new president will pass shareholder-friendly reforms, making it the best-performing market in Asia and beyond.
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Trump’s Threat of More Tariffs Slows Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.
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The Age-Old Question Behind the New York Mayor’s Race
What makes for a better leader: grizzled experience or a fresh face?