Washington, March 18 (IANS) The United States is repositioning the Export-Import Bank as a “frontline economic tool,” its chief told lawmakers, underscoring a sharper push to bolster American exporters and counter global competition led by China.Testifying before a House subcommittee, EXIM President and Chairman John Jovanovic said the bank is being aligned with efforts to reindustrialise the U.S., secure supply chains, and strengthen economic security.“As many of you have noted, EXIM is o…
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New Delhi, March 12 (IANS) While the Donald Trump administration has announced plans for funding mining projects in the resource-rich but restive Balochistan province of Pakistan, the US cannot ignore the fact that security will be a major issue if it has to go through with the investment in the strife-torn region.“The potential of minerals in Pakistan can be immense, yet mineral wealth does not drift. It needs roads, electric power, usury, environmental permits and above all some semblance of…
Washington, Feb 24 (IANS) India is “a technology powerhouse” that is central to the White House’s global artificial intelligence push, US President Donald Trump’s top science adviser has said, highlighting the country’s engineering depth and growing innovation ecosystem.“India is a technology powerhouse,” Michael Kratsios, assistant to the president and director of the White House Office of Science and Technology Policy, said told Fox News in an interview.“It graduates an incredi…
Washington, Feb 4, (IANS): US Secretary of State Marco Rubio on Wednesday warned that global supply chains for critical minerals remain dangerously concentrated in the hands of a single country, calling the situation a geopolitical risk as Washington launched a fresh push to diversify sourcing with 55 international partners. Addressing reporters at the Critical Minerals Ministerial, Rubio said the initiative was aimed at reducing vulnerabilities that threaten economic growth, technological innov…
Washington, Feb 3 (IANS) US President Donald Trump announced the creation of what he called the “US Strategic Critical Minerals Reserve,” describing it as the first-ever civilian stockpile of critical minerals designed to protect American industry during supply shocks.“We’re announcing the creation of the US Strategic Critical Minerals Reserve, the first ever stockpile of critical minerals that you’ve been hearing so much about,” Trump said on Monday during a signing event attended by Ca…