Jamaica is listed among many countries by the United States as a major drug transit or major illicit drug-producing nation. The designation was made by U.S. President Joe Biden in the required report for Fiscal Year 2024. Some of the other countries include Afghanistan, The Bahamas, Belize, Bolivia, Burma, the People’s Republic of China (PRC), Colombia, Costa Rica, the Dominican […]
The United States will continue to sell semi-conductor computer chips to China but not its most powerful ones “that China wants for its military,” Commerce Secretary Gina Raimondo said Sunday. The U.S. is “never going to sell our most powerful [artificial intelligence] chips” to China, Raimondo told CNN’s “State of the Union” show. Raimondo, who met in Beijing recently with […]
Taiwan, officially the Republic of China, is a country in East Asia. It is located at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People’s Republic of China to the northwest, Japan to the northeast, and the Philippines to the south. China considers Taiwan as part of its territory that was separated […]
The world’s two largest economies – the United States and China – must work together to fight the “existential threat” of global warming, U.S. Treasury Secretary Janet Yellen said Saturday in Beijing at a meeting with Chinese government officials and climate experts. “As the world’s two largest emitters of greenhouse gases and the largest investors in renewable energy, we have […]
DUBAI — Iran met in Qatar with European Union mediator Enrique Mora as part of efforts to revive its 2015 nuclear pact with world powers, as Tehran and Washington seek to cool tensions with a mutual understanding to help end the deadlock. Having failed to revive the deal in indirect talks that have stalled since September, Iranian and Western officials have […]
The U.S. said Monday that China upgraded its spying operations in Cuba in 2019 that targeted the United States, even as Beijing rejected claims it was operating an intelligence-gathering operation on the island. That’s according to a Biden administration official who was not authorized to comment publicly about the matter and spoke on the condition of anonymity. The U.S. official […]
The U.S. economy slowed in the first three months of the year as businesses reduced investments in the face of higher borrowing costs. According to the Commerce Department, the economy grew 1.1 percent annually. That was down from a rate of 2.6 percent in the prior quarter, despite strong consumer spending. The latest report on gross domestic product showed the […]
US-based electric vehicle manufacturer Tesla has issued a recall for more than 362,000 US vehicles to update the Full Self-Driving Beta or test software. This comes after US regulators said the driver assistance system did not adequately adhere to traffic safety laws and could cause crashes. The National Highway Traffic Safety Administration (NHTSA) said the Tesla software allows a vehicle […]
Mortgage rates have maintained a steady decline in the US. According to press reports, the fixed rate moved from 6.48 percent to 6.33 percent. However, the market remains hypersensitive as the demand for purchase is high. New data revealed today that prices were moderate throughout December, which is favorable for people looking for lower and more stable mortgage rates. The […]
The currency depreciated by more than 13 percent as the central bank introduces flexible exchange rate. Egypt’s pound weakened by more than 13 percent to a new low below 32 to the US dollar on Wednesday, losing its value by half since March as the central bank moved to a more flexible exchange rate under the terms of an International […]
