The Global Subsidy Race: How the US Industrial Policy is Shaping International Competition

The Global Subsidy Race: How the US Industrial Policy is Shaping International Competition

The United States’ Bold Industrial Policy Sparks a Global Subsidy Race The United States has embarked on an ambitious industrial policy, offering tax breaks, grants, and other financial incentives to attract manufacturers of solar panels, semiconductors, and electric vehicles. While the primary goal is to revitalize the domestic market for these crucial products, the ripple…

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Senate Republicans Block Ukraine and Israel Aid Bill

Senate Republicans Block Ukraine and Israel Aid Bill

Republicans demand border compromises, leading to the blockage of a $110bn aid package for Ukraine, Israel, and Gaza. Senate Republicans have blocked the passage of an aid bill for Ukraine, Israel, and Gaza after failing to secure border compromises they sought in exchange. The $110bn package included $61bn for Ukraine, as well as funds for…

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