Biden Pledges $4 Billion to World Bank Fund for Poorest Countries

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The pledge significantly exceeds the $3.5 billion committed in the previous International Development Association replenishment round in December 2021. President Joe Biden announced a “historic” $4 billion pledge over the next three years to the World Bank’s International Development Association (IDA), aiming to bolster support for the world’s poorest countries. The announcement was made during

How the US Will Confront the CCP Under Trump’s Second Term

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News Analysis WASHINGTON—President-elect Donald Trump is set to escalate deterrence against communist China’s aggression during his second term. The first Trump administration steered U.S.–China relations away from partners to strategic competitors. It began restricting China’s access to U.S. semiconductor technology and capital and identified the Indo–Pacific region as the priority theater for the United States,

Under Trump 2.0, US Is Expected to Deepen Its Confrontation of the CCP Threat

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News Analysis WASHINGTON—President-elect Donald Trump is set to escalate deterrence against communist China’s aggression during his second term. The first Trump administration steered U.S.–China relations away from partners to strategic competitors. It began restricting China’s access to U.S. semiconductor technology and capital and identified the Indo–Pacific region as the priority theater for the United States,

‘Callous and Short-Sighted Mismanagement’: DNC Union Slams Leadership for ‘Shocking’ Layoffs

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The Democratic National Committee Staff Union blasted its leadership for laying off scores of employees without severance last week, blaming the “shocking” move on “callous and short-sighted mismanagement.” “The Democratic National Committee is facing the fallout of callous and short-sighted mismanagement by senior leadership,” the union said in a Monday statement. “The principles we champion