President Joe Biden Archives

President Biden issues an executive order restricting US investment in Chinese technology

On Wednesday, US President Joe Biden issued an executive order that limits some US investments in delicate high-tech fields in China. This move is thought to have the potential to aggravate tensions between the top two economies in the world.

Washington wants to restrict access to important technology, so the long-awaited regulations, which are anticipated to go into force next year, target industries like semiconductors and artificial intelligence.

In a letter to congressional leaders announcing the executive order, Biden stated that “the United States’ commitment to opening up investment is a cornerstone of our economic policy and provides substantial benefits to the United States.”

Treasury Department officials say the program will restrict new investments in advanced semiconductors and certain quantum information technologies in China through private equity, venture capital, and joint ventures.

President Joe Biden signed an executive order to block and regulate high-tech US-based investments going toward China – a move the administration said was targeted even though it reflected an intensifying competition between the world’s two biggest powers. https://t.co/rjiiOaqmln
— Inquirer (@inquirerdotnet) August 10, 2023

State dinner in honor of PM Modi includes many eminent personalities of India and the world

The dinner banquet hosted by US President Joe Biden and First Lady Jill Biden attracted a large number of luminaries from the business, film, and political worlds. The state dinner held in PM Narendra Modi‘s honour was attended by many notable figures from India and throughout the world.

India’s billionaire Mukesh Ambani and his wife Nita Ambani, Mahindra Group Chairman Anand Mahindra, renowned director M. Night Shyamalan, Google CEO Sundar Pichai, renowned fashion designer Raf Lauren, former tennis legend Billie Jean King, Microsoft CEO Satya Nadella, etc. were among the guests in attendance.

Reliance Industries chairman Mukesh Ambani and Reliance Foundation Chairperson, Nita Ambani along with Alphabet CEO, Sunder Pichai & Anjali Pichai at the State Dinner in the White House.

US President Joe Biden and First Lady Jill Biden hosted this special event at an elaborately… pic.twitter.com/YwYCSVZUiY
— ANI (@ANI) June 23, 2023

Putin warned that ‘under threat of attack from the enemy will strike first’; Russia does not lack missiles

The enemy may emulate America’s tactic of attacking first in response to an assault threat, Russian President Vladimir Putin warned on Friday. The enemy possesses the weaponry to do so.

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At a meeting of the Economic Alliance of former Soviet states in Kyrgyzstan, Putin remarked in reference to US policies, “We are merely thinking about it.” In recent years, he has not been reluctant to discuss it freely.

Regarding the US plans to create a so-called “conventional rapid global strike” capability, which calls for attacking a conventional target anywhere in the globe within an hour, the Kremlin has expressed worry for years.

He asserted that while the US has not yet deployed hypersonic weapons capable of such an assault, Russia has already done it.

Additionally, he asserted that Russia currently possesses cruise missiles with a range greater than that of the United States.

According to Putin, the US has not ruled out the idea of using nuclear weapons as a first resort. “It requires us to think about the dangers posed by such concepts in the defensive posture of other nations,” he added. “If a prospective adversary thinks that it can pursue a strategy of attack under the cover of the threat of attack and we do not. Is.’

Nuclear weapons can be deployed by Biden

Under the condition of anonymity, a US official said that President Joe Biden’s Washington-based aides had referred to Putin’s remarks as “war incitement.” He forewarned Biden about the potential use of strategic nuclear weapons. According to the source, Russian military doctrine has long believed that Moscow has the authority to deploy nuclear weapons as the first line of defense against all-out military assault.

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Big blow to many big companies of China, America imposed a ban on chip export

Some cutting-edge chip exports to China have been prohibited by the US. Many Chinese giants involved in the public cloud and artificial intelligence industries could take a significant impact from this.

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Nvidia Corporation, a chip-designing business, announced on Wednesday that US authorities have been asked to halt the export of two of the world’s best computing chips to China. These chips are utilized in equipment used in artificial intelligence applications. In addition, Advanced Micro Devices Company indicated that it is authorized under the rules to submit a second licensing application.

Artificial intelligence will suffer a setback

As a result, it won’t be allowed to export the MI250 artificial intelligence chip to China. China has also voiced its severe disagreement with the US administration’s choice. According to Xu Xueting, a spokeswoman for the Chinese Commerce Ministry, the US judgment violated the rights of Chinese businesses. The global supply chain will be impacted by this. It is obvious that this American action would escalate the dispute in the semiconductor technology industry. We aim to stop some US corporations from providing chips to Chinese enterprises, according to Jay Goldberg, a US-based finance and strategy consultancy firm. The US made the same choice regarding Huawei.

US-China tensions peaked last month

Significantly, there have been tensions between the US and China during the past few years in the areas of technology, industry, and politics. When US House Speaker Nancy Pelosi visited Taiwan last month, there was a great deal of hostility between the two nations. Even China had most of its forces stationed close to Taiwan’s sea border.

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PM Modi Japan Visit Quad Summit 2022 Updates: Modi-Biden meet in Tokyo, PM said – India-US partnership of trust

Tokyo, the capital of Japan, hosted the Quad Summit on Tuesday. Both India and the United States held bilateral meetings after the summit. Joe Biden also praised Modi before the meeting. China failed to respond to the epidemic, whereas Modi took care of the Corona crisis.

Prime Minister Narendra Modi said that India and the United States’ strategic partnership is one that is based on trust. This partnership has been strengthened by our shared interests. Our trade and investment relations also continue to grow.

#WATCH | "Mr Prime Minister, there is so much that our countries can and will do together. I'm committed to make US-India partnership among the closest we have on earth," says US President Joe Biden in a bilateral meeting with PM Narendra Modi, in Tokyo, Japan. pic.twitter.com/FkMF3pqzoo
— ANI (@ANI) May 24, 2022

I am confident that the Indian-US Investment Incentive Agreement will increase investment between us. Prime Minister Narendra Modi said. Biden stated that the two nations can and will accomplish a lot together. My goal is to strengthen the US-India relationship even further.

In his speech, Biden explained how PM Modi’s success has shown the world how effectively democracy works, and that autocratic nation, like China and Russia, lacks the ability to deal effectively with rapid changes because their leadership can make decisions without experiencing lengthy democratic processes.

Earlier, in his speech at the Quad Summit, PM Modi expressed his gratitude to all allies for their loyalty. We all worked together through the supply chain to deal with Corona at the time. In his remarks, the prime minister said all of us are committed to ensuring Indo-Pacific security. In just a few short years, Quad has gained much recognition.

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America secretly bought more fuel from Russia than India, report claims

In a report, the Center for Research on Energy and Clean Air (think-tank Center for Research Energy and Clean Air) claims that not India, but the United States is ahead in purchasing fossil fuels from Russia. Since the Russia-Ukraine War, European countries and the US have been more heavily involved in purchasing fuel than India.

S Jaishankar, India’s External Affairs Minister, also spoke about the country’s intentions to purchase oil from Russia earlier in the day. In a press conference in America, S Jaishankar (India’s Minister of External Affairs) also said that India buys much less oil from Russia than Europe.

After the Russo-Ukraine war, India was reprimanded by US President Joe Biden due to India’s private sector companies and Reliance Oil buying more crude oil from Russia. The data revealed that India had bought 30 million barrels of fossil fuels from Russia since the Great War (Russia-Ukraine War 2022).

Russia Discount Offer On Crude Oil For India

In addition, Russia is offering India a discount on the purchase of crude oil, whilst India has issued an official statement making it clear that the discount of $30 per barrel is not attractive to it. CREA (Center for Research on Energy and Clean Air) claims that European countries received 71% of the 63 billion euros for crude oil from Russia in the last two months. The participation of Germany in this has been at the top.

For India, it has been reported that the country’s coal shipments have risen by 130% in the first three weeks of April compared to January-February.

Russia Ukraine War: After Holland-Germany, America will now give Stinger missile to Ukraine

On Saturday, Germany announced that it would provide 500 surface-to-air Stinger missiles to Ukraine as part of its war against Russia. Now, America is also providing Stinger missiles to Ukraine. Ukraine received direct delivery of Stinger missiles for the first time on Friday. Ukraine has not yet been informed when Stinger missiles will be delivered by the US. Officials from the United States are currently handling the logistics of the shipment.

As soon as possible, Germany will send 1,000 antitank weapons and 500 surface-to-surface missiles to Ukraine, according to the German chancellor’s office. Olaf Scholz, Germany’s Chancellor, said, “The attack on Ukraine marks a turning point in history.” This threatens the entire post-war system. Against Vladimir Putin‘s invading forces, Ukraine must do everything it can to defend itself.

Germany has allowed the Netherlands to send 400 German-made antitank weapons to Ukraine, the German Ministry of Economic and Climate announced on Saturday evening. In addition, the Estonian government approved the shipment of nine D-30 howitzers with ammunition.

What is the Stinger Missile?

Scientists in the United States developed the Stinger missile in 1980. A 35-pound shoulder-fired Stinger missile is equipped with an infrared sensor that can identify any plane by its heat. Five feet long, the missile travels twice as fast as sound, destroying its target.

Many countries have provided military aid to Ukraine

Ukraine has only 318 aircraft and 122 combat helicopters, while Russia has 4,173 aircraft and 1,543 combat helicopters. Ukraine will be in a better position to respond to Russian airstrikes when it receives support from Stinger missiles. US Vice President Joe Biden announced the US $ 350 million in military assistance for Ukraine.

(with input from the agency)

Ukraine is now under threat of nuclear war from Russia, Putin himself is monitoring

In an exercise on the Ukrainian border, Russia is exercising its nuclear strategic forces under the supervision of President Putin. Russia’s nuclear power appears to be a scare tactic. Putin had previously been authorized by the Russian parliament to deploy forces outside of Russia. The Russian president accorded full independence to two Ukrainian regions the day before.

Ukraine and its sovereign territory no longer include these regions, according to Putin. The Russian government ignored American and Western warnings by doing this, thereby inviting war between Ukraine and Russia. US officials say the armed forces stationed around Ukraine are “ready for attack”.

There is an increasing concern among Russians about a possible war with the West. However, it has been stated by the national security team of US President Joe Biden that “Russian attacks can happen at any time.” His senior advisors have also discussed this issue with Joe Biden.

According to Reuters, missiles will be launched from ships, submarines, and fighter planes during the latest Russian military exercise. They will also hit sea and land targets from the land.

Russia’s military activities in Eastern Europe are of concern to powerful G7 countries, who see no signs of Russian troops being withdrawn.

Also, it has been announced that U.S. and Canadian economic sanctions will be implemented against Russia amid the Ukraine crisis. As part of the economic sanctions announced by President Biden during his speech, his Russian counterpart Vladimir Putin was accused of invading and provocating Ukraine. The vice president told reporters at the White House following the announcement of economic sanctions against Russia, “we understand fully the challenge we face.”.

“The open provocations of Russia pose a threat to world peace and security,” Canadian Prime Minister Justin Trudeau said during a press conference on the Russia-Ukraine crisis. “Canadian sanctions will remain in place until Ukraine’s territorial integrity is restored,” Trudeau said.

Russia Ukraine Conflict Updates: Russia increased 7000 soldiers on the border of Ukraine, US claims

Russia Ukraine Crisis Updates: There is still a threat of the Russian invasion of Ukraine. Earlier, Russia claimed that its troops were returning from the Ukrainian border after completing maneuvers, however, US officials told Reuters on Wednesday that the US is convinced that Russia has the intention of withdrawing its troops from Ukraine. The claim is “false.”

As reported by the news agency Reuters, a US administration official said, “So yesterday the Russian government announced that its forces were withdrawing from Ukraine’s border. The claim has been widely discussed in the US and around the world. Now we know it was a mistake.” However, the official did not specify what proof he had to discredit Russia’s claim.

Despite Russia increasing its troops along the Ukrainian border by 7,000 troops, the Biden administration has acknowledged this, according to an anonymous US official. Most of these arrived on Wednesday.”

The Russian Defense Ministry said its forces had finished exercises in Ukraine and were returning home. A video showing Russian troops returning from Crimea was also released. But US Secretary of State Antony Blinken announced in an interview with MSNBC that “strategic squads” were moving to the border.

As reported by the news agency AFP, in a statement issued by Russia’s Ministry of Defense, it was stated that the South Military Base has finished its military exercises and has now returned to its permanent base. Russian forces were also shown returning a bridge to Russian territory. A spokesman for the Defense Ministry told Russian news agencies earlier this week that the southern and northern military units had completed their missions. They have started loading rail and road transport and are returning to their military bases.

US President Joe Biden said on Tuesday that 150,000 Russian troops surround Ukraine. Earlier, it was reported that there are 1 lakh, Russian soldiers, along Ukraine’s border.

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(A syndicated feed generated this story, which isn’t edited by the TalkToIconic team, except for the headline.)