China warned United States to Stop Playing with Fire over Taiwan dispute
On Monday, China warned the United States not to play with fire over Taiwan. The warning message came after President Joe Biden’s administration weighed in on the issue. The spokesperson of the Chinese Foreign Ministry, Zhao Lijian said that China has noticed the
President Biden signed Executive Order to measure Climate Change Impacts
On Thursday, US President Joe Biden signed an executive order compelling key regulators including Treasury Secretary Janet Yellen and other members of the Financial Stability Oversight Council to assess the risks that a changing climate poses to the US financial system. He needs
President Biden’s new order for Labor Department about Unemployed Americans
On Monday, President Biden ordered the US Labor Department to ensure that unemployed Americans cannot draw enhanced federal jobless benefits if they turn down a suitable job offer. He also rejected claims by Republicans that his weekly unemployment bonus is undermining efforts to
Most US Companies to Classify Workers as Independent Contractors after Biden Blocked Trump Rule
On Wednesday, the Biden administration blocked a rule put in place by the Trump administration that would have made it easier for companies to classify workers as independent contractors instead of full-time employees. It badly hit shares of app-based companies that depend on
All Republicans and Democrats must agree on a bipartisan Infrastructure Bill
On Sunday, Republican senators emphasized the potential for a bipartisan deal as Congress gets to work on negotiating an infrastructure bill and President Joe Biden touts his American Jobs Plan. Point to be noted that infrastructure has long been held up in Washington
Why Alex Oh resigned from US Securities and Exchange Commission?
The head of the US Securities and Exchange Commission (SEC), Alex Oh has resigned on Wednesday due to potential conflicts of interest created by her previous work as a lawyer. Last week, she became the first woman of color to lead the SEC
Biden Administration to close 39 ICE Detention Facilities
On Wednesday, the ACLU (American Civil Liberties Union) urged the DHS (Department of Homeland Security) to close their immigration detention facilities. The recent move is part of a renewed push for President Biden to follow through on several campaign pledges. The ACLU identified
White House plans to raise capital gains taxes for Americans
On Monday, a top economic adviser to President Joe Biden, Brian Deese said that the White House is planning to raise capital gains taxes for Americans earning more than $1 million. The director of the National Economic Council, Brian Deese confirmed during a
President Biden will push G7 Allies to increase pressure on China
A top White House official said the US will urge its Group of Seven allies to increase pressure on China over the use of forced labor in its northwestern Xinjiang province. This province is home to the Muslim Uighur minority. The deputy national
President Biden and NATO Members to discuss ties with China and Russia
US President Joe Biden and other NATO member countries have planned to discuss tense ties with Russia and China the troop withdrawal from Afghanistan and the future of the 30-nation military alliance at a summit on 14th June in Belgium. The meeting will
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