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Aug 1, 2024 | 
news.bloomberglaw.com | Jennifer Jacobs |Cagan Koc
Russia is releasing Wall Street Journal reporter Evan Gershkovich and former US Marine Paul Whelan as part of a major prisoner swap with the US, according to people familiar with the situation. The men, jailed in Russia on espionage charges they and the US deny, are en route to destinations outside of Russia. The US and its allies will return prisoners to Russia that they hold under the deal, the people said, asking for anonymity to discuss matters that aren’t yet public.
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Jul 31, 2024 | 
news.bloomberglaw.com | Michelle Jamrisko |Jennifer Jacobs
The US will host a senior delegation of Chinese officials for a new round of talks on curbing the flow of fentanyl, the latest effort by President Joe Biden’s administration to address an opioid crisis that has become an issue in the 2024 election.
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Jul 19, 2024 | 
ca.finance.yahoo.com | Josh Wingrove |Jennifer Jacobs
(Bloomberg) -- Nippon Steel Corp. has hired former US Secretary of State Mike Pompeo to help complete a proposed purchase of United States Steel Corp., a deal facing bipartisan opposition from Donald Trump and President Joe Biden.
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Jul 12, 2024 | 
ndtv.com | Jennifer Jacobs |Bill Allison
Billionaire Elon Musk has donated to a super political action committee working to elect Donald Trump to the White House, a major gambit by the world's richest person to make his imprint on the US political landscape. Musk has contributed to a low-profile group called America PAC, according to people familiar with the matter, who requested anonymity to detail his plans. It's unclear how much Musk has given, but the people characterized the figure as a sizable amount.
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May 22, 2024 | 
business-standard.com | Golnar Motevalli |Donato Paolo Mancini |Jennifer Jacobs
The death of Iranian president Ebrahim Raisi raises a serious question about the future of one of the most powerful jobs in the Middle East: who or even what can succeed Supreme Leader Ayatollah Ali Khamenei. Hard-line cleric Raisi - who died on Sunday in a helicopter crash - and Khamenei's son Mojtaba were widely seen as the frontrunners to replace Iran's ultimate ruler.
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May 21, 2024 | 
afr.com | Jordan Fabian |Jennifer Jacobs
Washington | US President Joe Biden denounced Donald Trump after a video was posted to the Republican’s social media account that referenced a “unified reich” as a potential news headline if he won a second term. “This is Hitler’s language and not America’s,” Mr Biden said of the video during a Tuesday (Wednesday AEST) campaign fundraiser in Boston, adding that Mr Trump “is running on revenge, but revenge is no way to lead a country”. Bloomberg
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Apr 9, 2024 | 
afr.com | Mackenzie Hawkins |Jennifer Jacobs
It will be months before TSMC receives any of the promised funding, as the company enters a due-diligence period before reaching a final, binding agreement. Money will then be disbursed based on construction and production benchmarks, and could be clawed back if TSMC does not hold up its end of the deal. TSMC’s award marks another milestone in Mr Biden’s push to boost the US semiconductor industry with the 2022 Chips and Science Act.
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Apr 8, 2024 | 
business-standard.com | Mackenzie Hawkins |Jennifer Jacobs
The US plans to award Taiwan Semiconductor Manufacturing Co. $6.6 billion in grants and as much as $5 billion in loans to help the world's top chipmaker build factories in Arizona, expanding President Joe Biden's effort to boost domestic production of critical technology. Under the preliminary agreement announced by the US on Monday, TSMC will construct a third factory in Phoenix, adding to two facilities in the state that are expected to begin production in 2025 and 2028.
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Apr 6, 2024 | 
business-standard.com | Alberto Nardelli |Jennifer Jacobs
The US is warning allies that China has stepped up its support for Russia, including by providing geospatial intelligence, to help Moscow in its war against Ukraine. Amid signs of continued military integration between the two nations, China has provided Russia with satellite imagery for military purposes, as well as microelectronics and machine tools for tanks, according to people familiar with the matter.
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Mar 6, 2024 | 
fortune.com | Nancy Cook |Jennifer Jacobs
Donald Trump and billionaire Elon Musk met on Sunday as the Republican presidential frontrunner is seeking to woo donors to fund his cash-strapped political operation, according to people familiar with the matter. The New York Times reported earlier on the meeting. Musk was part of a group of prospective donors who met with the former president, the newspaper reported, adding that it is unclear if the Tesla Inc. chief executive officer has decided to contribute to Trump’s campaign.
