Biden Nears Win as Japan, Dutch Back China Chip Controls
source link: https://finance.yahoo.com/news/japan-netherlands-join-us-chip-014759438.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Biden Nears Win as Japan, Dutch Back China Chip Controls
(Bloomberg) -- Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic chip capabilities, according to people familiar with the negotiations.
Most Read from Bloomberg
US, Dutch and Japanese officials are set to conclude talks as soon as Friday US time on a new set of limits to what can be supplied to Chinese companies, the people said, asking not to be named because the talks are private.
There is no plan for a public announcement of the restrictions, and once an agreement is struck, actual implementation could take months as the two countries finalize legal arrangements, according to people familiar with the matter.
“Talks are ongoing, for a long time already, but we don’t communicate about this. And if something would come out of this, it is questionable if this will be made very visible,” Dutch Prime Minister Mark Rutte said Friday in The Hague in response to a question about the talks.
“This is such a sensitive topic that the Dutch government chooses to communicate diligently, and that means that we only communicate in a very limited way,” Rutte said.
The Netherlands will expand restrictions on ASML Holding NV, which will prevent it from selling at least some of its so-called deep ultraviolet lithography machines — crucial to making some types of advanced chips and without which attempts to set up production lines may be impossible. Japan will set similar limits on Nikon Corp.
John Kirby, a spokesperson for the White House National Security Council, confirmed Friday that Dutch and Japanese officials were meeting with US National Security Adviser Jake Sullivan.
- Bloomberg
TikTok General Counsel No Longer Oversees US Relations
(Bloomberg) -- ByteDance Ltd.’s general counsel is no longer overseeing US government relations for TikTok, part of a shuffle to improve the company’s standing during intense national security scrutiny, according to people familiar with the matter.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalRussia Can’t Replace the Energy Market Putin BrokeFed Set to Shrink Rate Hikes Again as Inflation SlowsUkraine Latest: Russian Missile Hit on Kharkiv Building Report
2d ago - Touchdown Wire
NFL Playoffs: Bengals have an edge against Chiefs with their ground game
When the Bengals and Chiefs face off in the AFC Championship game, Kansas City had best be prepared for Cincinnati's improved ground game.
1d ago - Fox News
Biden extends deportation protections for Hong Kong residents amid 'increasing repression' in China
President Joe Biden signed off on a two-year extension of a program that protects Hong Kong residents in the U.S. from deportation due to "increased repression" from the Chinese government.
23h ago AZ Attorney General: I will prosecute participants of death threats, voter intimidation
Newly-elected Arizona Attorney General Kris Mayes is working to turn things around in the state notorious for the Cyber Ninjas “Fraudit.” She’s transforming her Republican predecessor’s Election Integrity Unit, which she says might as well be dubbed the ‘Election Suppression Unit.’ “We've got to change this into a unit that protects voters, protects the right to vote and most of all, protects our elections officials.”
10h ago- Reuters
China aims to boost consumption and imports as global demand cools
China's cabinet said on Saturday it would promote a consumption recovery as the major driver of the economy and boost imports, state broadcaster CCTV reported, at a time of cooling global demand as major economies teeter on the brink of recession. At a meeting chaired by Premier Li Keqiang, China's state council - which functions as the cabinet - also vowed to speed up the rollout of foreign investment projects, maintain a stable yuan, ease cross-border travel and help companies to participate in domestic and overseas trade shows. The cabinet also reaffirmed its support for the private sector and digital platform economy, which have taken a knock from a series of regulatory crackdowns in recent years.
1d ago - The Des Moines Register
Northern Iowa wrestlers let one slip away in a 19-17 loss to No. 16 Oklahoma State
Northern Iowa eyed its third dual win in four years over mighty Oklahoma State. Instead, the Panthers let a winnable conference dual slip away.
10h ago - TheStreet.com
Elon Musk Apologizes to Nancy Pelosi's Family
Billionaire entrepreneur promoted fake news and conspiracy theory linked to violent attack on Paul Pelosi.
9h ago - USA TODAY
Is Social Security income taxable by the IRS? Here's what you might owe on your benefits
How is social security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.
2d ago - Bloomberg
Fed Set to Shrink Rate Hikes Again as Inflation Slows
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalRussia Can’t Replace the Energy Market Putin BrokeFed Set to Shrink Rate Hikes Again as Inflation SlowsUkraine Latest: Russian Missile Hit on Kharkiv Building ReportedAdani’s Detailed Hindenburg Reply Now Said to Be Post-Share SaleFederal Reserve officials are set to shift down the pace of interest-ra
1d ago - MarketWatch
Netherlands, Japan to join U.S. on imposing limits on chip tech to China
Japan and the Netherlands have agreed to a deal with the U.S. to restrict China's access to materials used to make advanced computer chips, a person familiar with the agreement told The Associated Press on Sunday.
50m ago - Motley Fool
Is a Recession Imminent? 2 Indicators With Flawless Track Records Over the Past 55 Years Weigh In
These two recession-forecasting tools haven't been wrong for more than a half-century. Here's what they say happens next.
15h ago - Oilprice.com
Small Modular Nuclear Reactors Are A Game Changer For Clean Power
Small modular nuclear reactors offer a more affordable solution to the expensive reactors of the past, and now they are finally beginning to move past the conceptual design phase
9h ago - Bloomberg
Powell’s Narrow Path Would Avoid Routes Taken by Burns, Volcker
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalRussia Can’t Replace the Energy Market Putin BrokeFed Set to Shrink Rate Hikes Again as Inflation SlowsUkraine Latest: Russian Missile Hit on Kharkiv Building ReportedAdani’s Detailed Hindenburg Reply Now Said to Be Post-Share SaleFederal Reserve Chair Jerome Powell is trying to avoid emulating both t
12h ago - Reuters
Turkey alerts citizens to risk of attack in United States, Europe on heels of Western warnings
Turkey warned its citizens on Saturday against "possible Islamophobic, xenophobic and racist attacks" in the United States and Europe after its Western allies cautioned their citizens in Turkey about possible terror attacks. In two separate travel advisories, the Turkish foreign ministry recommended its citizens in the United States and European countries "act calmly in the face of possible xenophobic and racist harassment and attacks" and to "stay away from areas where demonstrations may intensify."
1d ago - The Wall Street Journal
Oil-Exporting Colombia Says No to Oil Exploration
Gustavo Petro, Colombia’s new president, has suspended fracking operations in the country and says there is no need for new exploration.
1d ago - HuffPost
Trump Attacks On Asian Americans Not Only 'Repugnant,' But 'Politically Stupid': Columnist
Republicans are dim, too, if they don't rein in Trump, whose "animus is almost pathological," warns Bloomberg's Robert A. George.
23h ago - The Wall Street Journal
Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus
The job reports will gauge U.S. wages, openings and overall labor market, while Fed meets to consider raising rates as it combats inflation.
5h ago - GOBankingRates
Government Shutdown 2023: Will Your Social Security Payments Stop Now That the Debt Ceiling Has Been Reached?
The U.S. reached its debt ceiling on Jan. 19 the Treasury Department announced on Thursday, Jan. 19. Treasury Secretary Janet Yellen says extraordinary measures have begun to mitigate financial...
11h ago - Fort Worth Star-Telegram
Mad at Dak? Redirect that anger at who really deserves it: 30-year loser Jerry Jones | Opinion
The one constant through the bleak decades of inexcusable losing is the Cowboys’ owner and general manager.
14h ago - NBC News
India's Gen Z grapples with Modi's dark past in new documentary
Authorities in India have gone to extraordinary lengths to stop people from seeing a new BBC documentary that is critical of Prime Minister Narendra Modi and his role in the deadly 2002 riots in Gujarat.
2d ago - WMUR - Manchester
Former President Donald Trump's plane lands at Manchester-Boston Regional Airport
Former President Donald Trump's plane lands at Manchester-Boston Regional Airport
1d ago - GOBankingRates
Manchin Proposes ‘Easiest’ Social Security Fix In Response to Debt Ceiling — Would Biden Agree?
On Jan. 19, the U.S. officially hit its debt ceiling, having spent all of the $31.4 trillion available for expenditures as allocated by the Treasury. In the days since, conversations have become...
11h ago - The Hill
‘Bakersfield BS’: Schiff, Swalwell, Omar blast McCarthy over committee removals
Three Democratic House members targeted by Speaker Kevin McCarthy for removal from their committee assignments defended themselves on Sunday from claims that they are unfit to serve on the congressional panels, with one blasting the California Republican’s efforts as “Bakersfield BS.” “The only real explanation is he needs [Rep.] Marjorie Taylor Greene’s [R-Ga.] vote. He…
9h ago - The Daily Beast
Trump Wouldn’t Dare Pick MTG to Be His VP
Photo Illustration by Erin O’Flynn/The Daily Beast/Getty ImagesTalk about an insurance policy. Republicans may have finally found an ingenious way to ensure that everyone in America rallies around Donald Trump’s second term, should he win in 2024: Vice President Marjorie Taylor Greene.“The amazing thing about the concept of Marjorie Taylor Greene being Donald Trump’s vice president is that you would actually have someone who would make you worried that Donald Trump might have a heart attack,” qu
20h ago - GOBankingRates
How Big Is Biden’s Social Security Check?
Of the 66 million Americans who receive a Social Security check every month, according to the Social Security Administration, one couple claiming benefits may come as a surprise: President Joe Biden...
8h ago - Ukrayinska Pravda
Former Donetsk militant leader Girkin refuses to fight in Wagner Group after Prigozhin's threats
Igor Girkin (Strelkov), the former leader of Donetsk militants, has refused to take part in the war against Ukraine as part of the Wagner Group private military company (PMC). Source: Girkin on Telegram Details: The terrorist noted that he discussed a possible meeting at which they could agree on his participation in the war as part of the Wagner Group PMC on Friday and even promised to "come to Luhansk for a personal conversation" within two days.
1d ago - Tallahassee Democrat
What is 'The 1619 Project' and why has Gov. DeSantis banned it from Florida schools?
The six-part documentary "The 1619 Project" has premiered on Hulu, but it can't be taught in Florida schools. Here's what it is:
6h ago - Yahoo Finance
Student loan forgiveness: Here's the number of eligible borrowers who applied by US state
More than 26 million people applied for cancellation in the few weeks the loan forgiveness application was available.
1d ago - Argus Leader
South Dakota Gov. Kristi Noem breaks news conference tradition
In her home state Capitol, the potential 2024 White House contender has not personally taken questions from reporters.
1d ago - The Wall Street Journal
DOJ Suit to Break Up Google Was Years in the Making for Antitrust Chief
Jonathan Kanter, assistant attorney general for antitrust, is a longtime legal adversary to the internet company.
10h ago - Kyiv Independent
Zelensky: Ukraine needs ATACMS missiles to stop ‘Russian terror'.
President Volodymyr Zelensky said in his evening address on Jan. 28 that Ukraine needs longer-range missiles, including MGM-140 Army Tactical Missile Systems (ATACMS), to stop "Russian terror.
1d ago - Miami Herald
Is Florida trying to destroy public schools in the name of parental choice? Sure looks like it | Opinion
“As usual, the devil is in the details. Republicans have given zero information on how much this will cost taxpayers,” Herald Editorial Board writes | Opinion
1d ago - The Holland Sentinel
Christian nationalism is gripping the nation — has it arrived in Ottawa County?
Passionate public comment has dominated recent Ottawa County board meetings as the community stands divided.
5h ago - Florida Today
Camping fees don't fly with snowbirds: Letters to the editor, Jan. 29, 2023
Readers share their views in letters to the editor
10h ago - Associated Press
Republicans confront bitter divide; no clear path forward
Ronna McDaniel has become the longest serving leader of the Republican National Committee since the Civil War. Frustrated Republicans from state capitals to Capitol Hill to the luxury Southern California hotel where RNC members gathered this week are at odds over how to reverse six years of election disappointments. On one side: a growing number of elected officials eager to move beyond the divisive politics and personality of former President Donald Trump despite having no clear alternative.
2d ago - Bloomberg
Trump Confronts 2024 Obstacles as He Returns to Campaign Trail
(Bloomberg) -- Donald Trump ran headlong into some of the biggest challenges he’ll face in his comeback bid — fading enthusiasm among Republicans looking to move on from the former president and rising rivals for the GOP nomination — as he hit the 2024 campaign trail for the first time.Most Read from BloombergAdani Tries to Calm Investors With 413-Page Hindenburg RebuttalRussia Can’t Replace the Energy Market Putin BrokeFed Set to Shrink Rate Hikes Again as Inflation SlowsUkraine Latest: Russian
5h ago - Yahoo Finance
What businesses do vs. what business say
Stocks rallied, with the S&P 500 climbing 2.5% last week. The index is now up 13.8% from its October 12 closing low of 3,577.03 and down 15.1% from its January 3, 2022 closing high of 4,796.56.
9h ago - GOBankingRates
What Social Security Could Look Like in 2035
The future of Social Security remains uncertain, forcing people to ask questions like, "Will Social Security run out?" According to the 2021 annual report from the Social Security board of trustees,...
2h ago - The Hill
McCarthy: Social Security, Medicare cuts ‘off the table’
Speaker Kevin McCarthy (R-Calif.) said ahead of a meeting with President Biden this week that cuts to Medicare and Social Security are off the table in talks around raising the debt limit. McCarthy has said that Republicans want commitments to spending reductions in exchange for raising the debt limit but has been unclear about what…
9h ago - Associated Press
Protesters: 'Cop City' activist's killing doesn't make sense
Tortuguita’s cautious voice rang out from a platform amid the tall pines the first time Vienna met them: “Who goes there?” she remembers them calling. The tree-dweller, who chose the moniker Tortuguita – Spanish for “Little Turtle” – over their given name, was perched above the forest floor in the woods just outside Atlanta last summer. Vienna quickly identified herself, and Tortuguita’s watchfulness melted into the bubbly, curious, funny persona so many in the forest knew.
12h ago
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK