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Biden

White House unveils $2 trillion infrastructure and climate plan

White House unveils $2 trillion infrastructure and climate plan

  • President Joe Biden on Wednesday will call for a dramatic and more permanent shift in the direction of the U.S. economy with a roughly $2 trillion package to invest in traditional projects like roads and bridges alongside tackling climate change and boosting human services like elder care.
  • He also aims to put corporate America on the hook for the tab, which is expected to grow to a combined $4 trillion once he rolls out the second part of his economic plan in April.
Updated 31 Mar, 2021 03:05pm
Biden aims to "absolutely" run for a second term, despite age: Reports
World

Biden aims to "absolutely" run for a second term, despite age: Reports

  • President Joe Biden looks likely to run for a second term, despite his age and his image of a "transitional president" to bring the Democratic Party back in power.
  • Despite being the oldest President in American history at the age of 78, Biden would be 82 when running for his second term.
Updated 25 Mar, 2021 03:56pm
US oil activity jumps as executives remain wary of OPEC, Biden: survey
World

US oil activity jumps as executives remain wary of OPEC, Biden: survey

  • "While the price increases have been welcome news, OPEC+ is a sword of Damocles: if US operators raise capital expenditures, OPEC+ will open its taps and flood the market," one executive said. "There is a tense detente currently."
  • "I believe that it is their goal to effectively shut down our industry, and they will pursue that end with great energy," one executive said.
Published 24 Mar, 2021 09:22pm
Erdogan aims to mend strained relations with the United States under Biden Administration
World

Erdogan aims to mend strained relations with the United States under Biden Administration

  • According to President Recep Tayyip Erdogan, Turkey wants to improve cooperation with the United States on a "win-win basis", as he aimed to mend the strained relations between the two NATO allies.
  • In recent years, ties between the United States and Turkey have been enormously strained, with the former sanctioning the NATO member in December over its purchase of the Russian S-400 defense systems.
Updated 22 Feb, 2021 10:50am