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Joe Biden · United StatesThe hotter-than-expected inflation data could prove to be a problem for President Joe Biden and his economic philosophy, known as Bidenomics, heading into the November election.
The annual inflation rate topped the consensus estimate for the fourth consecutive month, rising to 3.5 percent in March, according to data from the Bureau of Labor Statistics (BLS). The Consumer Price Index (CPI) spotlighted broad-based inflationary pressures, highlight…See the Story
Stubborn Inflation Offers Headaches for President Biden
100% Right coverage: 1 sources
China Politics · United StatesA majority of Southeast Asians would align with China and not the U.S. if forced to pick sides, though some countries that feel threatened by Beijing’s South China Sea claims still prefer Washington, according to a regional survey.
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U.S. loses its spot to China as Southeast Asia’s most favored ally, survey shows
50% Left coverage: 8 sources
Ferdinand Marcos Jr. · Philippines Philippine President Ferdinand Marcos Jr has ordered his government to strengthen its coordination on maritime security to confront "a range of serious challenges" to territorial integrity and peace, as a dispute with China escalates. The order, signed on Monday and made public on Sunday, does not mention China but follows a series of bilateral maritime confrontations and mutual accusations over a disputed area of the South China Sea.See the Story
Philippines boosts maritime security as China tension rises
40% Center coverage: 15 sources
Joe Biden · United StatesThe Biden administration on Friday revised rules aimed at making it harder for China to access U.S. artificial intelligence (AI) chips and chipmaking tools, part of an effort to hobble Beijing's chipmaking industry over national security concerns. The rules, released in October, seek to halt shipments to China of more advanced AI chips designed by Nvidia and others as Washington cracks down on Beijing over concerns its advancing tech sector could help boost China's military. The new rules, which run 166 pages in length, go into effect on Thursday. They clarify, for example, that restrictions on chip shipments to China also apply to laptops containing those chips.See the Story
U.S. updates export curbs on AI chips and tools to China
56% Center coverage: 9 sources
Fumio Kishida · United StatesJapan and the U.S. will announce closer cooperation in high-tech areas such as artificial intelligence (AI) in a joint statement when Prime Minister Fumio Kishida meets with President Joe Biden next month, the Asahi Shimbun newspaper said on Saturday. Biden is set to host Kishida for an official visit to the U.S. on April 10. Calling ties between the two allies a "global partnership", the joint statement will advocate stronger cooperation in AI and semiconductors, Asahi said without citing its sources. As part of the agreement, Japan and the U.S. will likely set up a framework for AI research and development, working with Nvidia, Arm and Amazon, among others, the newspaper said.See the Story
US, Japan to call for deeper cooperation in AI, semiconductors, Asahi says
57% Center coverage: 7 sources
