WILMINGTON, Del. (AP) — The Biden administration is close to tightening rules on some overseas investments by U.S. companies in an effort to limit China’s ability to acquire technologies that could improve its military prowess, according to a U.S. official familiar with the deliberations. The soon-to-be-issued executive order from President Joe Biden will limit American ...

Province, China LightRocket via Getty Images Scarcely reported by mainstream press outlets, at the very end of 2022 President Biden signed into law the huge fiscal year 2023 $1.7 trillion spending bill in which tucked away were provisions for Washington to establish a new mechanism to assess the extent to which U.S. firms’ investments abroad ...

Senate Minority Leader Mitch McConnell (R-Ky.) affirmed that U.S. aid to Ukraine is a “direct investment” in the country’s interests and against Russian President Vladimir Putin’s “war machine” on the first anniversary of Russia’s full-scale invasion.  The senate minority leader said in a statement on Friday that U.S. national security is tied to stability and ...

In order to safeguard the United States from any criminal elements slipping in through the southern border, the Biden administration sought a “record” amount of investment in security measures, according to White House National Security Council spokesman John Kirby. While underscoring that the Biden administration is “working hard to secure the border” and has troops ...

Author: Editorial Board, ANU You could forgive Australian Prime Minister Anthony Albanese for wondering whether the election he won in May 2022 was a good one to lose. Resurgent inflation and slowing growth, a winter wave of COVID-19, and a post-pandemic budget crunch are giving his new Labor Party government a tough start. Luckily, it’s ...

Author: Allan Gyngell, ANU Australian observers seem to think that the Albanese government’s foreign and national security policies will not differ much from those of its predecessor. The argument makes sense. Australian foreign policy has always had a strong bipartisan core — commitment to the United States alliance, engagement with the region and support for ...

Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO — Security deals are important, but in Asia, money talks. Australia, India, Japan and the United ...

U.S. President Joe Biden, pictured here on Thursday, April 21, 2022, has launched the Indo-Pacific Economic Framework for Prosperity (IPEF) with a dozen initial partners. Yuri Gripas | Abaca | Bloomberg | Getty Images In a move to raise its economic profile and create another counterbalance to China within Asia, the United States announced on ...