The President of the Federal Reserve Bank of Minneapolis, Neel Kashkariwarned that although it may seem that the worst of the banking sector tensions is over, history shows that more problems cannot be ruled out. “It is too early to say that everything is behind us” and argue that actions by the Fed, Treasury and […]
Tag: USA
TikTok sues Montana after the state banned the app
TikTok Inc filed a lawsuit Monday challenging the state of Montana’s new ban on the use of proprietary short video app China. The social network, owned by ByteDance, argues that the ban, which would take effect on January 1, violates the First Amendment rights of the company and users. The lawsuit, filed in Montana District […]
Yellen puts pressure on the US Congress to reach a debt agreement
The Secretary of the Treasury USA, Janet Yellenaddressed the leaders of Congress on Monday to warn that if an agreement is not reached to raise the debt ceiling, the possibility that the country will incur a suspension of payments on June 1 has gone from probable to “highly probable”. His letter is sent the same […]
Biden and McCarthy will meet on Monday to resume talks on US debt.
The agent of USA, Joe Bidenand the speaker of the House of Representatives, the Republican kevin mccarthywill meet Monday to discuss the debt limit after a “productive” phone call as Biden returned to Washington, the House’s top Republican leader said Sunday. McCarthy, speaking to reporters after the call, said there had been positive discussions about […]
Trump Media Group Files Defamation Suit Against The Washington Post
Trump Media & Technology Group (TMTG), the media conglomerate of the former president of the United States donald trumpfiled a lawsuit against the newspaper the washington post, whom he accuses of publishing defamatory articles and for this reason claims 3.780 million dollars in compensatory and punitive damages. According to the complaint filed on Saturday in […]
Everything ready for takeoff of Axiom Space’s second private mission to the ISS
The private company Axiom Space and the POT are ready for the launch this Sunday of the manned mission Ax-2, which will take off from Cape Canaveral, Florida (USA), bound for the International Space Station (ISS) and aboard a Dragon capsule that will be propelled by a Falcon 9 rocket, both from the SpaceX company. […]
China says Micron products fail safety test, bans some purchases
The Chinese regulator of Cyberspace reported that products manufactured by US memory chip maker, Micron Technologyhad failed its network security exam and that it would prohibit key infrastructure operators from purchasing the company’s products. Under China’s broad definition of critical information infrastructure, this could include sectors ranging from transportation to finance. “The review has revealed […]
Exxon focuses on lithium extraction and bets on the rise of electric vehicles
The newspaper The Wall Street Journal (WSJ) announced that Exxon Mobilethe largest US oil company, is focused on extracting lithium – a key ingredient in batteries for electric cars, cell phones and laptop computers – thus preparing for a future less dependent on gasoline. The oil giant, based in Texas, recently bought the drilling rights […]
Biden contemplates appealing to the Constitution to avoid a default
The president of USA, Joe Bidendescribed this Sunday as “unacceptable” the proposals of the Republicans to raise the debt limit of the country, and mentioned the possibility of appealing to the Constitution to avoid a default. Negotiations to remove USA of this crisis when the date of June 1 approaches and the country could run […]
Yellen warns that the US will have to make “tough decisions” if it does not raise the debt ceiling
US Treasury Secretary, Janet Yellenpointed out this Sunday that June 1 remains the date on which USA could incur for the first time in a suspension of payments on its sovereign debt and stressed that “tough decisions” would then have to be made. “If the debt ceiling is not raised, tough decisions will have to […]