U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy
Posted inCollective Bargaining Committee on Foreign Investment in the United States (CFIUS) Factories and Manufacturing Hawley, Josh D (1979- ) Japan Mergers, Acquisitions and Divestitures National Economic Council (US) Nippon Steel Corporation Steel and Iron United States International Relations United States Politics and Government United States Steel Corporation United Steelworkers of America

U.S. Steel Acquisition Proposal Tests Biden’s Industrial Policy

The president is under pressure from Democrats and Republicans to block the sale to Japan’s Nippon Steel, which could upset a key foreign ally.
Red Sea Attacks Leave Shipping Companies With Difficult Choices
Posted inCanals China Coronavirus (2019-nCoV) COSCO Group (China Ocean Shipping Co) Egypt Electric and Hybrid Vehicles Freight (Cargo) Hijacking Houthis Insurance International Relations International Trade and World Market Maersk Line Oceans and Seas Ports Prices (Fares, Fees and Rates) Red Sea Ships and Shipping Suez Canal Supply Chain United States United States International Relations

Red Sea Attacks Leave Shipping Companies With Difficult Choices

Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era
Posted inColonization Economic Conditions and Trends Factories and Manufacturing Far East, South and Southeast Asia and Pacific Areas Income Inequality International Trade and World Market Labor and Jobs Manila (Philippines) Mindanao (Philippines) Philippines Poverty United States International Relations vis-photo

Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era

Decades after independence, the Philippines lacks the kind of factory economy that has lifted up other Asian nations, tying millions to farm work.
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.