U.S. tech companies that receive federal funding will be barred from building “advanced technology” facilities in China for 10 years, the Biden administration has said.
U.S. Bars ‘Advanced Tech’ Firms From Building China Factories for 10 Years
They’ll just go to Vietnam, or India, where wages are lower!
In his speech Friday at the Federal Reserve’s annual summit in Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell made one thing clear: America’s financial oligarchy is determined to make the working class bear the cost of the deepening economic crisis.
Pledging “pain,” Federal Reserve declares war on the working class
Ukraine neglected to tell donors they are committing state, federal, and international arms dealing crimes for the sign the shell or rocket donor campaign Ukraine is running. Here’s the details…
UKRAINE DONORS COULD FACE FEDERAL PROSECUTION via George Eliason
Related:
Read More »“America has no permanent friends or enemies, only interests” ― Henry Kissinger
Aug 24, 2022 – The Donald Trump White House and CIA ran “black ops” to intimate close US “ally” Britain to cut all ties with China’s tech giant Huawei, hurting the UK’s own economic interests in order to advance Washington’s trade war on Beijing.
– Multipolarista
China Defies US Sanctions with Computer Chip Breakthrough
China’s rise as the largest, most powerful nation on earth is inevitable. The resources, energy, and time the United States is wasting in attempting to contain China’s rise and assert itself above all other nations could be used instead to find a constructive role to play among all other nations as a still powerful, influential nation with much to offer humanity, just not the most powerful or influential. The United States, like many empires before it in history, unfortunately, appears determined to squander this opportunity to peacefully transition to one powerful nation among many, and instead faces the prospects of holding neither primacy over the planet, nor significant prominence among the nations on it.
There’s another player in the phone malware game. NSO is far from the only malware merchant out there. Its products are the most well-known and the most dangerous, thanks to zero-click deployment options.
Greek Intelligence Service Boss Resigns After Journalist, Opposition Party Member Targeted With Phone Malware
from the just-because-it’s-illegal-domestically-doesn’t-mean-you-can’t-profit-from-it dept
Fri, Aug 12th 2022 03:45pm – Tim Cushing
Israel’s foremost purveyor of malware, NSO Group, has undergone nearly a yearlong reckoning. A leak last summer appeared to show NSO customers were routinely targeting journalists, activists, members of opposition parties, and, in one case, the ex-wife of a Dubai ruler.
Leaked NSO Group Presentation Details Malware’s Ability To Turn On Cameras, Mics To Surveil Targets
White House Rethinks China Tariffs Amid Taiwan Turmoil
By Zerohedge.com
The Trump tariffs are the subject of a lawsuit filed by scores of U.S. companies who’ve asserted the levies are overly broad and were improperly implemented. If the Biden administration can’t defend the Trump tariff regime, it could be compelled to evaluate tens of thousands of public comments about it, or reimburse the plaintiffs for tariffs they’ve paid so far.
…
Biden’s interest in pandering to labor unions also figures in his slow-walking his tariff-relief decision. Milton Friedman had something to say about that
“The benefits of a tariff are visible. Union workers can see they are ‘protected.’ The harm which a tariff does is invisible. It’s spread widely.”
What labor unions?!
Union Representation Petitions Continue to Increase in FY 2022 Under Biden Administration
According to the U.S. Bureau of Labor Statistics, in 2021 the percentage of U.S workers, including public- and private-sector workers, who were members of unions was 10.3 percent—a half point decline from the 10.8 percent unionization rate in 2020. Within the private sector, the unionization rate declined by 0.2 percent in 2021 to 6.1 percent. The degree to which union activity in 2022 with an aggressively labor-friendly NLRB general counsel and a majority Biden appointed Labor Board moves the needle for union membership is yet to be determined.
An article published in the New York Times on Tuesday, entitled “US aims to expand export bans on China over security and human rights,” explicitly linked Washington’s escalating economic war on China with the US proxy war on Russia in Ukraine.
US extends economic war on Russia to China
Ms. Cat’s Chronicles 
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