Governor Holcomb’s visit focused on boosting economic ties
Indiana Governor Leads Third US Delegation to Taiwan This Month
Ivan Loshkaryov
Since the early days of Russia’s special military operation in Ukraine, the diplomacy of the Сollective West has been striving to isolate Moscow, punishing it for resolving the conflict in Donbass. However, one cannot talk about isolation without accounting for the position of developing countries: Alongside the golden billion, there are another 7 billion people living in the world. It is then only natural that the eyes of Western strategists and diplomats have turned to states and regional organizations reluctant to join the anti-Russian rhetoric, seeing no point in imposing economic and political restrictions against Moscow.
How Russia and the U.S. See Africa’s Place in the World
In order to force high-tech companies to decouple from the People’s Republic of China and reverse U.S. decline, U.S. imperialism needs a political/military crisis with China
Amidst Uproar Over Nancy Pelosi’s Visit to Taiwan, Media Ignores Aggressive U.S. Maritime Action in South China Seas
Bill Gates and the Secret Push to Save Biden’s Climate Bill
Gates started wooing Manchin and other senators who might prove pivotal for clean-energy policy in 2019 over a meal in Washington DC. “My dialogue with Joe has been going on for quite a while,” Gates said. “Almost everyone on the energy committee” — of which Manchin was then the senior-most Democrat — “came over and spent a few hours with me over dinner.”
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Also at Manchin’s insistence, automakers also will see new strings attached to electric vehicle tax incentives so they will have to be made in North America and, by 2024, can’t use batteries sourced from China. Labor leaders bemoaned that the final package doesn’t contain much support for workers who lose their jobs in the green transition.
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There’s been such whiplash from 2016 when, as Gates puts it, green spending from the US government “had dropped to near zero.” Six years later, American climate finance has been “reinvigorated,” and Gates now sees innovation “going way faster than I expected. That’s why I’m optimistic that we will solve this thing.”
The working class is going to be thrown under the bus, but at least Bill Gates is happy. 🤷🏼♀️
Will you get insulin-cost relief from the inflation bill? Not if you have private insurance
But an out-of-pocket cap identical to that for Medicare was stripped from the bill for those with private insurance because Democrats are trying to pass the bill by a simple majority through the reconciliation process. That requires Senate Parliamentarian Elizabeth MacDonough to vet the provisions. She said most of the health-related features were fine, but the insulin proposal for those who have private insurance, not Medicare, violated the Byrd provision, which says that issues “extraneous to the federal budget” cannot be passed by simple majority through reconciliation.
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Out-of-pocket spending for those with Part D Medicare drug coverage will be capped at $2,000 a year.
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In 2024, a 5% coinsurance payment that now kicks in after someone reaches the catastrophic drug spending level of $7,050 in Medicare will end. Because drug companies set their own prices, 5% on expensive drugs can be a lot of money.
Related:
Read More »For the U.S., it is unthinkable that semiconductor behemoth TSMC could one day be in territory controlled by Beijing, writes Maria Ryan.
One aspect of U.S. House Speaker Nancy Pelosi’s trip to Taiwan that has been largely overlooked is her meeting with Mark Lui, chairman of the Taiwan Semiconductor Manufacturing Corporation (TSMC). Pelosi’s trip coincided with U.S. efforts to convince TSMC – the world’s largest chip manufacturer, on which the U.S. is heavily dependent – to establish a manufacturing base in the US and to stop making advanced chips for Chinese companies.
Big Chip in US-China Crisis
The House speaker’s trip came after Congress passed a bill that includes $52 billion to subsidize domestic chip manufacturing
Pelosi Meets With Taiwan’s Top Chip Industry Leaders
Previously:
Senate Passes $280 Billion Industrial Policy Bill Meant to Counter China
Hopefully, the TSMC-Arizona deal doesn’t go the way of Foxconn-Wisconsin!
Senate Passes $280 Billion Industrial Policy Bill Meant to Counter China
The CHIPS and Science Act of 2022 passed in a vote of 63-33, with 17 Republicans voting in favor. The over 1,000-page legislation includes $52.7 billion for direct funding for the construction and expansion of semiconductor manufacturing and $24 billion for tax incentives and other purposes.
The bill will authorize roughly $200 billion in science and technology research funding that will be spread across several government agencies over the next five years. The largest recipient of the research funds will be the National Science Foundation, which will receive $81 billion.
Related:
Third, the CHIPS Act actually has provisions designed specifically to restrict investments in China. These so-called “guardrails” require that companies taking federal dollars for American projects must also agree not to invest in state-of-the-art technology in China—not just with the federal dollars, with any dollars. Good-faith critics have raised fair concerns that these guardrails should be broader, tougher, and firmer. But any guardrails at all represent unprecedented restrictions on what U.S. companies can do in the People’s Republic. It’s one thing to say an ideal bill would hurt China even more; it’s quite another to try and claim that less-than-perfect restrictions count as “help.”
Pelosi’s Husband Dumped Up to $5M of Tech Stock Right Before Senate Passed CHIPS
Ms. Cat’s Chronicles 
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