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The Gazette in Medina, Ohio

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Articles on This Page

This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Sep 08, 2023

Page

7

Biden Eyes U S Trust as G20 China Alternative

Biden aims to position the United States and like minded partners as a stronger economic and security option than China at the G20 in India and a stop in Vietnam. He plans to push a proposal to expand World Bank IMF lending by 200 billion dollars as an alternative to China’s Belt and Road initiative, while Xi Jinping skips the summit.

Washington Joe Biden India Vietnam United States China White House Biden New Delhi World Bank International Monetary Fund U.S Xi Jinping Li Qiang Nguyen Phu Trong Hanoi Malaysia Philippines Taiwan Brunei South China Sea Colleen Cottle Atlantic Council Saudi Arabia United Arab Emirates Gulf Axios Commerce Gina Raimondo Beijing Raimondo Associated Press Association of Southeast Asian Nations Jakarta Indonesia Kamala Harris Pakistan Kenya Zambia Laos Mongolia Jake Sullivan IMF

Wall Street slips as high rates pressure tech stocks

Wall Street closed mixed with the S&P 500 down 0.3 percent to 4451.14 while the Nasdaq fell 0.9 percent to 13748.83 and the Dow rose 0.2 percent to 34500.73. Rates high, inflation risk, and strong services data keep Fed policy in focus.

New York Wall Street Federal Reserve Fed Mike Loewengart Morgan Stanley Global Investment Office Dow Industrials Dow Transportation Dow Utilities NYSE Nasdaq S&p Wilshire Russell

Democrats urge tighter controls on U.S. firearms exports

Congressional Democrats led by Elizabeth Warren condemn Commerce for lackluster oversight of the post 2020 export license shift. They demand updated data on gun shipments and warn the policy boosts profits while arming corrupt actors. Commerce replies it will respond through proper channels.

U.S. Commerce Department Gina Raimondo State Department Commerce Biden Elizabeth Warren Massachusetts Congress Raimondo Warren House Commerce Department

McCarthy urges U.S. to cut reliance on China economy

House Speaker Kevin McCarthy criticized China’s economic policies during a Tokyo visit and urged cutting dependence on the world’s second largest economy. He cited sectors like medical supplies and critical minerals and noted U.S. cooperation with allies to reduce risk while Beijing pressed its sovereignty claims.

China McCarthy House Kevin McCarthy Communist Party U.S Tokyo America Taiwan Tsai Ing-wen California

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