WASHINGTON, Feb 28 (Reuters) – The Biden administration on Tuesday said it will require companies winning funds from its $52-billion U.S. semiconductor manufacturing and research program to share excess profits and explain how they plan to provide affordable childcare.
Biden to require chips companies winning subsidies to share excess profits
Tag: Supply Chains
The Coming Shock to the Global Monetary System
On Aug. 22, about 2
The Coming Shock to the Global Monetary System½months from today, the most significant development in international finance since 1971 will be unveiled.
Stop spending Defense Production Act money on foreign suppliers
For the second year in a row, and just as the fiscal 2024 National Defense Authorization Act process peaks in Congress, the Biden administration’s Defense Department seeks executive branch authority to spend U.S. taxpayer Defense Production Act money with foreign suppliers, in addition to American ones.
Stop spending Defense Production Act money on foreign suppliers
‘We can de-risk but not decouple’ from China, says Raytheon chief
Head of aerospace and defence group says western manufacturers will find it impossible to completely cut ties
‘We can de-risk but not decouple’ from China, says Raytheon chief
Related:
Aerojet gets $215 million to boost production of solid rocket motors used in weapons for Ukraine
Secretary General Says NATO Arsenals ‘Empty’
TEHRAN (FNA)- NATO needs a “more robust” industry in order to refill the stocks of weaponry and ammunition emptied by a year of supplying Kiev, the bloc’s Secretary General Jens Stoltenberg said on Monday, at an industrial conference in Germany.
Secretary General Says NATO Arsenals ‘Empty’
Related:
Western countries launch a raft of plans to keep up with Ukraine’s weapons needs
Blinken’s Visit to China Confirmed After Call With Chinese FM
The State Department confirmed on Wednesday that Secretary of State Antony Blinken will be visiting China, making him the highest-level Biden administration official to make the trip.
Blinken’s Visit to China Confirmed After Call With Chinese FM
Global Times:
Blinken visit still ‘opportunity’ amid mutual low expectations
Shortly before Blinken’s visit was confirmed by China, Chinese State Councilor and Foreign Minister Qin Gang had a phone call with Blinken at the latter’s request. During the phone call, Qin expounded on China’s firm stance on core concerns such as the Taiwan question.
Updated: China bans Micron chips in key infrastructure over ‘national security’ risks
China has banned some sales of Micron products after launching a probe into the American memory chip giant for cybersecurity risks in early April.
China bans Micron chips in key infrastructure over ‘national security’ risks
Video via Pamphlets
[2020]: Would China Invade Taiwan for TSMC?
Our previous article explained the importance of the Taiwanese firm TSMC as a critical link in the global semiconductor supply chain. Although it is not the only firm with the ability to manufacture cutting-edge logic chips, TSMC is the only viable choice for chip design companies in many situations, and under normal market conditions is likely to remain so for years to come. Control of TSMC’s foundries in Taiwan might thus appear a decisive factor both in Beijing’s readiness to risk attempting unification through force, and for other states deciding whether to take a strong stance against this.
Would China Invade Taiwan for TSMC? (archived)
US defense industry delegation arrives in Taiwan
TAIPEI (Taiwan News) — A delegation of 25 American defense industry representatives, including members from the U.S.-Taiwan Business Council, has arrived in Taiwan ahead of the Taiwan-U.S. Defense Industry Cooperation Forum on Wednesday (May 3).
US defense industry delegation arrives in Taiwan
Related:
China says Taiwan inviting ‘wolves’ with US defense industry forum
De-Dollarization Kicks Into High Gear
The US dollar is essential to US global power projection. But in 2022, the dollar share of reserve currencies slid 10 times faster than the average in the past two decades.
De-Dollarization Kicks Into High Gear
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Ms. Cat’s Chronicles 
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