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President Joe Biden

Cubans struggle under US barrier

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Cubans struggle

HAVANA – So far, the economic blockade on Cuba has caused damage worth more than $144.413 million, as the country marks 60 years under the embargo that has deeply affected the communist nation’s fortunes and shows no signs of being lifted. During the Covid-19 pandemic, the Cuban government has repeatedly accused US administrations of blocking … Read more

US defends warnings in standoff with Russia over Ukraine

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US

WASHINGTON – Faced with accusations of “alarmism” over a possible Russian invasion of Ukraine, Washington is on the defensive over the credibility of its warnings, even as it keeps certain cards close to its chest. “This is not alarmism. This is simply the facts,” US Secretary of State Antony Blinken said Monday in a press … Read more

US warship, fighter jets to help defend UAE

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warship

DUBAI – The United States will send a warship and fighter jets to help defend the United Arab Emirates, officials said, after a series of missile attacks by Yemeni rebels left three dead in the wealthy Gulf state. The deployment, to “assist the UAE against the current threat”, follows a phone call between Defence Secretary … Read more

AT&T, Verizon agree to delay 5G implementation at some airports

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AT&T

NEW YORK: AT&T and Verizon agreed Tuesday to a partial delay in activating their 5G networks following an outcry from US airlines, who said the rollout could lead to travel chaos. President Joe Biden said the move would avert major disruptions, but at least one airline, Delta, warned of the potential for cancellations despite the … Read more

Biden says ‘confident’ Fed to tackle US inflation

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Biden

WASHINGTON: With US inflation high and the Federal Reserve expected to hike interest rates within months, President Joe Biden said on Friday he had faith in the central bank’s ability to manage price increases while ensuring that businesses keep hiring. “I want to be clear: I’m confident the Federal Reserve will act to achieve their … Read more

US ends 2021 with disappointing job growth ahead of Omicron surge

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US economy

WASHINGTON: The US economy ended 2021 on a sour note with a worse-than-expected employment report Friday underscoring the challenges awaiting President Joe Biden in the New Year, as the Omicron variant runs rampant and his legislative agenda stalls. The world’s largest economy gained only 199,000 jobs in the final month of the year, the Labour … Read more

US inflation ‘too high’, lowering it a priority: Fed’s Brainard

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US inflation

WASHINGTON: US inflation is “too high” and the Federal Reserve will make the issue a priority, Lael Brainard, the nominee to take the number-two position at the central bank, said Wednesday. The Fed’s “most important task” is to focus on “getting inflation back down to two per cent while sustaining a recovery that includes everyone,” Brainard … Read more

Biden points to ‘progress’ as US prices hit record high last year

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Joe Biden

WASHINGTON: The US consumer prices jumped last year at the fastest pace in four decades, the government confirmed on Wednesday, underscoring the potent inflation wave that has sapped public support for President Joe Biden even as the economy recovers from the pandemic. The seven per cent increase in the Labor Department’s consumer price index (CPI) over … Read more

Powell to target inflation at confirmation, face trading scrutiny

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inflation

WASHINGTON: Federal Reserve Chair Jerome Powell will highlight the central bank’s efforts to fight inflation and stabilise the US economy at his confirmation hearing, according to testimony released on Monday. However, the Republican will likely also face questions about his ethics from a Democratic senator, after a media report raised further questions over whether a Fed … Read more

Biden blames meatpacking giants for soaring US meat costs

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Biden

WASHINGTON: President Joe Biden offered independent US farmers $1 billion in aid Monday as part of a battle against meatpacking giants he accuses of building monopolies to squeeze out smaller competitors. “We’re here to talk about strengthening competition, which will bring down costs,” Biden told a virtual meeting of independent farmers and meat producers. Calling the … Read more

Biden strategy on Ukraine – talks but clear costs for Russia

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long Covid

WASHINGTON – From severing Russia from the world’s banking system to further arming Kyiv, US President Joe Biden is hoping threats of painful consequences will deter his counterpart Vladimir Putin from invading Ukraine. With tens of thousands of Russian troops amassed on Ukraine’s border, the Biden administration has accepted talks in Geneva next week with … Read more

U.S. secretary of defense tests positive for COVID-19

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U.S. secretary

WASHINGTON – U.S. Secretary of Defense Lloyd Austin announced Sunday that he tested positive for COVID-19. “I tested positive this morning for COVID-19,” Austin said in a statement, adding that he was experiencing mild symptoms and will be quarantined for the next five days. “I have informed my leadership team of my positive test result, … Read more

Omicron spoiling US holiday economic comeback

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Omicron

WASHINGTON: Holiday events have been scrapped in droves, thousands of flights canceled, cruises are now off limits: the Omicron variant has wreaked havoc in the United States, and the New Year could see more issues exacerbating the worker shortage and price increases. “We are starting to see some initial signs that Omicron is having an impact … Read more

US halves isolation guidelines for asymptomatic Covid

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Covid

WASHINGTON: US health authorities on Monday halved the recommended isolation time for people with asymptomatic Covid-19, as President Joe Biden warned Americans not to panic amid a surge of cases threatening wider social disruption. Speaking about the rapidly spreading Omicron variant, Biden said some US hospitals could be “overrun,” but the country is generally well … Read more

Biden says government averted US holiday supply chain ‘crisis’

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Biden marks World AIDS Day with plan to eradicate disease

WASHINGTON – President Joe Biden argued Wednesday that by working with shipping firms and unions, his administration helped prevent a feared shortage of gifts for the holidays. Reeling from a fresh political wound — that his signature social spending and climate bill was potentially dead in the water — the US leader also touted the … Read more

Biden says govt averted US holiday supply chain ‘crisis’

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Joe Biden

WASHINGTON: President Joe Biden argued on Wednesday that by working with shipping firms and unions, his administration helped prevent a feared shortage of gifts for the holidays. Reeling from a fresh political wound, that his signature social spending and climate bill was potentially dead in the water, the US leader also touted the economic recovery and … Read more

US trucking’s conundrum: Driver shortage or retention problem?

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US trucking

NEW YORK: The tight US labor market has not spared the trucking industry, where “help wanted” pleas are plentiful, wages are on the rise, and drivers recently have scored signing bonuses of up to $20,000. In an economy that hauls more than $12 trillion in freight annually, the problems facing trucking have drawn the attention of … Read more

Heavy load: supply chain woes strain US trucking

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US trucking

SUMMERVILLE (United States): It had been a challenging day on the road and Desi Wade was ready for dinner. But as he pulled into a truck stop, Wade encountered a familiar frustration in the overstressed industry. The parking lot was jammed with other 18-wheelers, leaving just one narrow spot that the 50-year-old secured after several minutes … Read more

UAE suspends talks on $23 billion weapons deal with US

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UAE

DUBAI: The United Arab Emirates (UAE) has suspended talks on a $23 billion deal to purchase American-made F-35 planes, armed drones and other equipment, in a rare dispute between Washington and a key US ally in the Arabian Gulf, AP reported. The Emirati Embassy in Washington said it would “suspend discussions” with the US, though meetings at … Read more

Biden order to make US government carbon neutral by 2050

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President Joe Biden

WASHINGTON: President Joe Biden on Wednesday signed an executive order to make the federal government carbon-neutral by 2050, aiming for a 65 per cent reduction in planet-warming greenhouse gas emissions by 2030 and an all-electric fleet of car and trucks five years later, Arab News quoted AP as saying. The White House said the order shows how the government … Read more

New York announces private sector vaccine mandate

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Helping overcome COVID-19 vaccine shortage could rebuild U.S. standing: FT

NEW YORK – New York Mayor Bill de Blasio on Monday announced a blanket Covid-19 vaccine mandate for the private sector in the United States’ biggest city, starting from late December. The order goes further than a nationwide mandate set by President Joe Biden for companies with more than 100 employees to vaccinate workers by … Read more

US hiring disappoints in November, complicating Biden’s plans

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Biden marks World AIDS Day with plan to eradicate disease

WASHINGTON: The United States added just 210,000 jobs last month, the government reported on Friday, less than half the increase analysts were expecting in the latest headwind for President Joe Biden. The White House has been banking on a solid economic recovery to bolster support for Biden and his massive Build Back Better spending bill that … Read more

US govt shutdown looms as lawmakers squabble

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US govt shutdown

WASHINGTON: The threat of a US federal government shutdown loomed larger on Wednesday as the lawmakers failed to reach a budget agreement with just two days to go before the funding runs out. Congress has until Friday night to come up with a new budget to avoid a sudden stoppage of most so-called non-essential federal government … Read more

Biden orders release of 50 mln barrels from US strategic oil reserves

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Joe Biden

WASHINGTON – President Joe Biden announced Tuesday he has ordered the release of 50 million barrels of oil from the US strategic reserves in a coordinated attempt with other countries to tamp down soaring fuel prices. “This release will be taken in parallel with other major energy consuming nations including China, India, Japan, Republic of … Read more

Biden hails key vote on social spending bill as ‘giant step’

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Biden hails key vote on social spending bill as 'giant step'

WASHINGTON: President Joe Biden on Friday hailed the passage of his giant social spending bill in the House of Representatives as a “giant step forward.”

The vote, ensured by Biden’s slim Democratic Party majority in the House, sends the bill to the Senate where it still faces intense debate and an even tighter Democratic majority.

Biden called Friday’s vote “another giant step forward in carrying out my economic plan to create jobs, reduce costs, make our country more competitive, and give working people and the middle class a fighting chance.”

[embedpost slug=”biden-says-considering-us-diplomatic-boycott-of-beijing-olympics/”]

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US House expected to vote on Biden’s massive spending bills

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Democratic leaders announced the US House would vote Friday on President Joe Biden’s $3 trillion blueprint to transform transport networks and expand the welfare safety net. House Democratic leaders had been hoping for a procedural vote on Biden’s $1.75 trillion Build Back Better social spending plan and to rubber-stamp the Senate-passed $1.2 trillion infrastructure package on Thursday but outstanding differences … Read more

Top oil producers stick with modest output boost despite pressure

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LONDON- Major oil producers on Thursday agreed to continue raising output moderately despite pressure from the United States and other big consumer nations to open up the taps much more decisively amid soaring prices. The 13 members of the Organization of Petroleum Exporting Countries and their 10 allies said in a statement that they reconfirmed “the … Read more

US urges more inclusion for Taiwan at UN

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Blinken

WASHINGTON – US Secretary of State Antony Blinken on Tuesday urged United Nations member states to include Taiwan in more UN institutions, despite opposition from China. “Taiwan has not been permitted to contribute to UN efforts,” Blinken said in a statement. “We encourage all UN member states to join us in supporting Taiwan’s robust, meaningful participation … Read more

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