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Despite outcry over abuses in Gaza war, US president stresses that his commitment to Israel’s security is ‘ironclad’. Washington, DC – US President Joe Biden has signed into law a $94bn foreign funding bill that includes military aid to Israel, Ukraine and Taiwan, ending a months-long legislative impasse in Washington over the assistance. Biden hailed […]
Hundreds of billions of dollars’ worth of frozen Russian government assets are sitting in banks across the U.S. and Europe and on Saturday a vote is expected in the House of Representatives that would pave the way for President Joe Biden to confiscate billions of them and hand it over to Ukraine. “Somebody has to […]
The U.S. Army is ending its latest effort to build a new armed scout helicopter, known as the Future Attack Reconnaissance Aircraft, an abrupt change of direction that marks one of the department’s most significant program cancellations of the last decade. The service had already spent at least . . .
The nation’s largest banks are churning out profits as interest rates remain high, even though the lenders have had to set aside billions of dollars to replenish a deposit insurance fund that was heavily depleted by a crisis among midsize banks last spring. Profits for the fourth quarter of 2023 reported on Friday by JPMorgan […]
One morning in 2019, an auditor arrived at a meatpacking plant in rural Minnesota. He was there on behalf of the national drugstore chain Walgreens to ensure that the factory, which made the company’s house brand of beef jerky, was safe and free of labor abuses. He ran through a checklist of hundreds of possible […]
Updated Dec. 3, 2023 12:04 am ET JOHANNESBURG—Wealthy nations are sending tens of billions of dollars to poorer ones for clean energy, the linchpin of a global strategy . . .
U.S. President Joe Biden arrives with his granddaughters Finnegan and Maisy for an event marking Amtrak’s 50th Anniversary, at the 30th Street Station in Philadelphia, Pennsylvania, U.S., April 30, 2021. REUTERS/Erin Scott/File Photo Acquire Licensing Rights
WASHINGTON — Billions of dollars being spent by the federal government to arm Ukraine and replenish U.S. military stockpiles have been slow to translate into a significant number . . .
Five Americans who had been imprisoned in Iran were allowed to leave the country on Monday, President Biden said, after two years of high-stakes negotiations in which the United States agreed to unfreeze $6 billion in Iranian oil revenue and dismiss federal charges against five Iranians accused of violating U.S. sanctions. The announcement that the […]
DUBAI, United Arab Emirates (AP) — Iran on Tuesday identified the five prisoners it hopes to see freed in the United States in exchange for five Iranian-Americans now held in Tehran and billions in assets once held by South Korea. The acknowledgment by the Iranian mission to the United Nations in New York comes as […]