Europe Should Be Pushed to Take On Chinese Forced Labor, U.S. Lawmakers Say
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U.S. Seeks to Join Forces With Europe to Combat Excess Chinese Goods
Treasury Secretary Janet L. Yellen warned that China’s industrial strategy posed a global threat that requires a united response.The New York Times - Business -
BMW, VW used parts made with Chinese forced labor, says Senate report
A Senate inquiry found BMW, Jaguar Land Rover and VW have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor.CBS News - Politics -
BMW, Jaguar and VW Parts May Have Been Made With Forced Labor, Senate Report Says
The report from Senate Finance Committee Chair Ron Wyden says automakers aren’t doing enough to root out the use of forced labor in their supply chainsThe Wall Street Journal - World -
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.The New York Times - Top stories - China -
Yellen urges Europe to join US in Chinese exports crackdown
Treasury secretary rejects Brussels claims of protectionist lurch by WashingtonFinancial Times - Business -
New York lawmakers push to block hedge funds’ sovereign bond litigation
Bill seeks to stop ‘vulture fund’ investors from winning high payouts through the state’s courtsFinancial Times - Business - New York -
Investigation finds BMW, Jaguar Land Rover, Volkswagen bought parts linked to forced labor in China
Multiple major automakers relied on forced labor in China for some purchased parts, a Senate Finance Committee investigation found Monday. BMW, Jaguar Land Rover and Volkswagen purchased parts that were flagged by the U.S. government for links to ...The Hill - Politics - China -
U.S. and Europe Move Closer to Using Russian Assets to Help Ukraine
Finance ministers from the G7 nations are hoping to finalize a plan ahead of the group’s leaders meeting next month.The New York Times - Top stories - Ukraine -
The U.S. Raised Tariffs on China. Now It Wants Europe's Support.
Washington is trying to wrangle its European allies into a united front against a surge in Chinese exports.The Wall Street Journal - World -
Kosovo makes last-minute push to get its membership in Council of Europe approved in a Friday vote
Kosovo’s government is making a last-minute effort to convince Western powers to vote on whether to admit the country as a new member in the Council of Europe, the continent’s top human rights bodyABC News - World -
Republicans Force Democrats to Take Sides on Biden's Israel Policy
House Republicans passed a bill Thursday that would force the U.S. government to resume paused weapons shipments to Israel.The Wall Street Journal - World -
U.S. Fears Undersea Cables Are Vulnerable to Espionage From Chinese Repair Ships
U.S. officials are warning telecommunications companies that undersea cables that ferry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.The Wall Street Journal - World -
5 steps colleges should take after the Palestine protests
What should campus leaders do? Is there a better course than dithering, kowtowing, and then issuing panicked calls to local police?The Hill - Politics -
Ryanair chief says recessionary feeling in Europe is limiting fares
Ryanair’s chief executive blamed what he called a “recessionary feel around Europe” for the airline’s inability to increase prices very much.MarketWatch - Business -
Zelensky Said the U.S. Should Do More to Help Ukraine
Also, lawyers defending Donald Trump rested their case. Here’s the latest at the end of Tuesday.The New York Times - Top stories - Ukraine -
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What killed Red Lobster? Endless shrimp, above-market leases, labor costs, and inflation, says new CEO
Red Lobster’s new CEO pins the blame for the company’s bankruptcy on a host of factorsMarketWatch - Business -
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U.S. lawmakers fail to secure release of Americans held in Turks and Caicos for having ammunition
U.S. lawmakers traveled to Turks and Caicos this week to push for the return of five American citizens detained on ammunition possession charges, but failed to facilitate their release.NBC News - Top stories -
Report says China is accelerating the forced urbanization of rural Tibetans
An extensive report by Human Rights Watch says China is accelerating the forced urbanization of Tibetan villagers and herders, adding to state government and independent reports of efforts to assimilate them through control over their language and ...ABC News - World - China -
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Biden Moves to Protect U.S. Solar Panel Makers From Cheap Chinese Imports
Added tariffs and better access to subsidies for domestically made panels will play to voters and could further the U.S. adoption rate for sustainable power equipment.Inc. - Business - Joe Biden -
Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li said Thursday.CNBC - Business -
Just one company sells Chinese-made EVs in the U.S. Here’s how it’s navigating Biden’s new tariffs.
Analysts emphasize that Sweden-based Polestar had been moving away from having its electric vehicles made in China before this month’s news about U.S. tariffs.MarketWatch - Business -
Former NATO leader says pro-Palestinian campus protesters should not ‘be applauded’
Former NATO commander James Stavridis criticized the pro-Palestinian protestors Sunday, claiming they should not be the ones who are applauded. “The young men and women who built that pier are the young Americans who should be applauded,” ...The Hill - Politics -
Blinken's ex-deputy says Russian bases should be 'fair game' for Ukraine
Former Under Secretary of State for Political Affairs Victoria Nuland on Sunday suggested Russian bases should be "fair game" for Ukraine to target amid a larger debate over reversing a ban on firing U.S. weapons at targets inside of Russia. "I ...The Hill - Politics - Ukraine -
Rates should be cut to 3.5% by end of 2025, IMF says
The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.BBC News - Top stories -
Ukraine says it has checked Russia's offensive in a key town, but Moscow says it will keep pushing
Military officials in Ukraine say their units locked in street battles with the Kremlin’s forces in a northeastern Ukrainian town have halted the Russian advanceABC News - World - Ukraine -
RFK Jr. notes last decade's Iranian president, Putin, Xi as people U.S. president should meet
Robert F. Kennedy Jr. name-checked former Iranian President Mahmoud Ahmadinejad, who left the office in 2013, in a speech about sitting down with adversaries.NBC News - Top stories - Iran -
RFK Jr. lists past Iranian president as a leader the U.S. president should meet
While speaking at a campaign rally in Aurora, Colo., independent presidential candidate Robert F. Kennedy Jr. mentioned the need for the U.S. president to speak with Mahmoud Ahmadinejad, Iran's sixth president. Earlier that day, the country's ...NBC News - Politics - Iran -
GOP lawmaker says Biden 'must've been jacked up' during State of the Union
Rep. Greg Murphy (R-N.C.) suggested in a Thursday interview that President Biden “must’ve been jacked up” during his State of the Union address, pointing to the president’s energetic performance. Murphy, co-chair of the GOP Doctors Caucus, said in ...The Hill - Politics - Joe Biden -
U.S. officials privately warned telecommunications companies that undersea cables that carry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.
U.S. officials privately warned telecommunications companies that undersea cables that carry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.The Wall Street Journal - World -
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Olympic champion Gabby Douglas' comeback takes another important step at the U.S. Classic
Olympic gymnastics champion Gabby Douglas’ comeback following an eight-year layoff will take another important step at the U.S. ClassicABC News - Sports -
Refinancing student debt is risky amid Biden forgiveness push. Borrowers 'forever lose access' to safety nets, advocates say
As protections and relief options for federal student loan borrowers grow, refinancing your debt may be a risky move, consumer advocates say.CNBC - Business - Joe Biden -
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Residents forced out of Canada's oil sands hub by wildfire cleared to return, officials say
Authorities say residents ordered out of Canada’s oil sands hub of Fort McMurray, Alberta due to a nearby wildfire are clear to return homeABC News - World -
Russia Says U.S. Ignores Its Proposals for Prisoner Swap
The State Department says efforts to secure the release of Americans held by Russia are ongoing.The Wall Street Journal - World - Russia -
UK stocks are outperforming the U.S. and one CIO says they look 'very cheap'
The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher.CNBC - Business - United Kingdom -
Yellen says U.S. wants to diversify, not decouple, from China
Treasury Secretary Janet Yellen said the U.S. is trying to diversify but not decouple from China, a week after a series of new tariffs were introduced.MarketWatch - Business - China