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Closure of Milwaukee Master Lock plant exposes dead end of UAW’s nationalist “insourcing” strategy
US tightens rules on AI chip sales to China in blow to Nvidia
Nvidia chief executive Jensen Huang told the Financial Times earlier this year that the 2022 controls had left the Silicon Valley company with its “hands tied behind our back” by barring sales of its most advanced chips to China. He has said further restrictions could seriously harm US chipmakers by eating into their ability to finance investment.
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China ups export curbs on key EV battery component, safeguarding graphite amid US tensions
Country’s GDP set to fall as it struggles with the energy crisis supply chain disruption
German economic slump will be worse than feared, warn economists
WASHINGTON, Sept 19 (Reuters) – As the UAW strike enters its fifth day, the Biden administration is hobbled by a lack of legal authority to steer the talks and difficulty in figuring out UAW President Shawn Fain’s negotiating strategy and leadership style, three sources said.
Sidelined on UAW strikes, Biden White House talks economic aid
Last night’s announcement by UAW President Shawn Fain that the union would initially only strike at three non-strategic plants has confused many in the labor movement. The announcement comes as the Biden Administration has stepped in to stop the strike from spread and protect its $15 billion investment in transitioning the auto parts industry to make electric vehicles.
As Biden Scrambles to Save Suppliers, UAW Limits Strike’s Impact
ASIA: Ambitions to develop an India – Middle East – Europe economic corridor with sea transport from India to the Gulf region and a railway linking Middle Eastern countries with each other and to Europe were announced at the G20 summit in New Delhi.
Railway planned as part of India – Middle East – Europe Economic Corridor
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FACT SHEET: World Leaders Launch a Landmark India-Middle East-Europe Economic Corridor
Neo-Con study: Why a New Black Sea Strategy is in the U.S. Interest + The Middle Corridor
STUTTGART, Germany — NATO nations have agreed to a new action plan for bolstering the alliance’s industrial base, as governments scramble to restock their weapon arsenals while simultaneously sending military aid to Ukraine.
NATO prepares industry plan to boost arms production
Ukraine war shows NATO is ill-prepared to defend even its own territories while massive weapons expenditure exposes US in Asia-Pacific
NATO learning hard lessons about its future in Ukraine
In another provocative move directed at Beijing, former Japanese prime minister and virulent anti-China hawk Taro Aso recently visited Taiwan for three days. He met with senior government officials, including President Tsai Ing-wen and declared that Japan, the US and Taiwan should ramp up plans for war with mainland China.
Former Japanese prime minister provocatively visits Taiwan
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China strongly condemns Japanese politician’s visit to Taiwan: FM spokesperson
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