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CNN —Two men in Uganda are facing separate charges of “aggravated homosexuality,” an offense punishable by death under the country’s controversial new anti-gay laws. “Aggravated homosexuality,” according to the much-criticized act, involves incest, sex with children, as well as people with disabilities or the elderly. The act, signed into law in May, also outlaws gay marriage in Uganda and it punishes same-sex acts with life imprisonment. The man arrested in Soroti is the second person to be charged with the capital offense in Uganda since the law passed in May. Earlier this month, the World Bank said it would not consider fresh loan requests from Uganda following the anti-gay legislation.

Persons: ”, “, ” Jacqueline Okui, Yoweri Museveni, Justine Balya, Balya, Museveni, Joe Biden, ” Museveni Organizations: CNN, Public Prosecutions, US, World Bank, United Nations Locations: Uganda, Soroti, Jinja district

☆ Biden is still trying to forgive student debt in 'a very direct confrontation' with Supreme Court, expert says
▼ + stars: | 2023-08-27 | by ( Annie Nova | ) www.cnbc.com time to read: +4 min

"This is a very direct confrontation with the Court," Rosenblum wrote at the end of June on X, the social media platform formerly known as Twitter. Annie Nova: What exactly did you find so bold about President Biden disagreeing with the Supreme Court and announcing another plan to forgive student debt? It was because of the court, Biden made clear, that Americans would not receive the relief his administration had sought to provide them. Before Roosevelt, conflict between the Supreme Court and the president was not taboo, and Supreme Court justices were often understood to be important ordinary political figures. Charles Evans Hughes, chief justice of the Supreme Court when Roosevelt was elected, had been a Republican candidate for president.

Persons: Joe Biden, Noah Rosenblum, Joe Biden's, Rosenblum, Biden, Annie Nova, mystifying legalese, Franklin Roosevelt, Roosevelt, Charles Evans Hughes Organizations: White House, Washington Post, The Washington Post, White, New York University, CNBC, Supreme, Democrats, New, Republican

☆ Where student-loan forgiveness now stands for millions of borrowers one year after Biden announced his broad debt relief plan
▼ + stars: | 2023-08-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Since then, it faced legal hurdles, and the Supreme Court struck the relief down in June. Since he took office, his administration was weighing its options to get relief to borrowers, and Biden himself even questioned his authority to enact broad debt relief. About a month after the debt relief announcement, applications opened for federal borrowers to apply for an up to $20,000 reduction to their balances. It did go all the way to the Supreme Court and was deemed ineligible. Even with the Supreme Court ruling, Biden's administration has started implementing other reforms for borrowers, along with a new process for broad student-loan forgiveness using a different law.

Persons: Biden, Joe Biden's, Miguel Cardona, Harris, Biden's, it's, Joe Biden, Demetrius Freeman, Bharat Ramamurti, Chuck Schumer Organizations: Service, Biden, Social, Education Department, Republican, Supreme, Here's, White, Washington, Getty, Higher, National Economic Council Locations: Wall, Silicon

☆ Biden told Maui wildfire survivors that he can relate, citing a small fire he had in his kitchen in 2004
▼ + stars: | 2023-08-22 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

President Joe Biden met with survivors of the Maui wildfires in Lahaina on Monday. He told the audience that he could relate to them because his house caught on fire in 2004. But according to news reports at the time, the blaze was small and contained to his kitchen. Biden described how lightning struck a pond by his Delaware home, hitting a wire, and coming up underneath his home into the heating and air conditioning ducts. Last year, he also told survivors of Hurricane Ian in Florida that he "lost an awful lot of" his Delaware home in the fire, per The New York Times.

Persons: Joe Biden, Jill Biden, Jill, Biden Organizations: Service, Associated Press, New York Times, Fire Company, New York Post Locations: Maui, Lahaina, Wall, Silicon, Delaware, Lahaina —, Washington ,, Hurricane, Florida, Cranston

WASHINGTON, Aug 16 (Reuters) - U.S President Joe Biden on Wednesday used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to a public that remains largely unaware of its contents. The legislation, Biden said, has shifted production of critical components away from China and into the United States. [1/3]U.S. President Joe Biden delivers remarks during an event to celebrate the anniversary of his signing of the 2022 Inflation Reduction Act legislation, in the East Room of the White House in Washington, U.S., August 16, 2023. The bill's name, the Inflation Reduction Act, helped solve a political problem for Democrats who were concerned that voters would punish them for soaring prices in the 2022 congressional elections. "Voters hear the Inflation Reduction Act, but they do not see their grocery bills coming down.

Persons: Joe Biden, Biden, Moody's, Kevin Lamarque, MARK Biden, WHAT'S, Jimmy Siegel, Jarrett Renshaw, Nichola Groom, Moira Warburton, Heather Timmons, Grant McCool, Jonathan Oatis, Andy Sullivan Organizations: Biden, LOVE, Wall, Bank of America, White, REUTERS, Democrats, Reuters, Washington Post, University of Maryland, White House, Democratic, Thomson Locations: China, United States, U.S, Asia, Europe, Washington , U.S

☆ Fact check: Biden tells three false personal anecdotes in economic speech
▼ + stars: | 2023-08-16 | by ( Daniel Dale | ) edition.cnn.com time to read: +8 min

Washington CNN —President Joe Biden made three false claims about his own past in a Tuesday speech in Milwaukee. But he also peppered in three false personal anecdotes, including two that have previously been debunked, continuing his habit of inaccurate ad-libbing about his biography. In addition, Biden repeated one false and previously debunked political boast. Nonetheless, Biden has been telling a false story about his late friend for more than two years. “And, by the way, my Grandpop Biden, who died very young – he was – died in the hospital I was born in six days before I was there, I mean before I was born,” Biden said.

Persons: Joe Biden, Biden, Angelo Negri, Negri, “ Ang, “, ‘ Joey, ” Biden, ‘, ’, Ang, Negri’s, Olga Betz, Negri “, Karine Jean, Pierre, ”, –, Joseph Harry Biden, Ambrose Joseph Finnegan, Biden “, Donald Trump’s Organizations: Washington CNN, Amtrak, CNN, Air Force, White House, Pittsburgh –, Biden, ” Locations: Milwaukee, Washington, Delaware, Newark, ’, Baltimore , Maryland, Scranton , Pennsylvania, Scranton, Pittsburgh, ‘, Bridges, America

☆ Biden Describes China as a Time Bomb Over Economic Problems
▼ + stars: | 2023-08-11 | by ( Michael D. Shear | More About Michael D. Shear | ) www.nytimes.com time to read: +1 min

President Biden warned on Thursday that China’s struggles with high unemployment and an aging work force make the country a “ticking time bomb” at the heart of the world economy and a potential threat to other nations. “When bad folks have problems, they do bad things,” the president told a group of donors at a fund-raiser in Park City, Utah. Mr. Biden’s comments are the latest example of the president’s willingness to criticize China — often during fund-raising events with contributors to his presidential campaign — even as his administration seeks to ease tensions between the world’s two largest economies. Earlier this summer, at a fund-raiser in California, Mr. Biden called President Xi Jinping of China a “dictator” who had been kept in the dark by his own officials about the spy balloon that flew over much of the United States from late January to early February before being shot down by the U.S. military.

Persons: Biden, China’s, Biden’s, China —, —, Xi Jinping, ” Organizations: U.S . Locations: Park City , Utah, China, California, United States

☆ Exclusive: Biden taps Jackson for economic adviser, signals focus on education
▼ + stars: | 2023-08-11 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

U.S. President Joe Biden delivers remarks on veterans' care at George E. Wahlen Department of Veterans Affairs Medical Center in Salt Lake City, Utah, U.S. August 10, 2023. REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Aug 11 (Reuters) - U.S. President Joe Biden is tapping C. Kirabo Jackson, a labor economist whose research advocates robust public spending on schools, to fill out his three-member Council of Economic Advisers (CEA), according to a White House official. The selection suggests public education will be a key area of focus for Biden's brain-trust ahead of a 2024 re-election bid expected to turn on the strength of the economy. Jackson's pick also comes as the Biden administration is thinking through how to boost lagging educational performance since the COVID-19 pandemic. Reporting by Trevor Hunnicutt; Editing by Heather Timmons and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, George E, Jonathan Ernst, Kirabo Jackson, Jackson, Biden, Jackson's, Cecilia Rouse, Trevor Hunnicutt, Heather Timmons, Andrea Ricci Organizations: George, Wahlen Department of Veterans Affairs Medical, REUTERS, Economic Advisers, White, Northwestern University, Princeton University, CEA, Thomson Locations: Salt Lake City , Utah, U.S

☆ Hawaii wildfire death toll rises to 55, historic capital Lahaina 'reduced to ashes'
▼ + stars: | 2023-08-11 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

At least 55 people are dead after devastating wildfires ripped through Hawaii's second-largest island, Maui, county officials confirmed late Thursday local time. The blaze has reduced the historic town of Lahaina to ashes, said Hawaii Sen. Brian Schatz, who surveyed the damage. The fire in Lahaina has been 80% contained but remains active, according to an update Thursday from Maui County officials. Lahaina was the capital of Hawaii when the islands were an independent kingdom. Dozens of travelers wait in line to pass security at Kahului Airport in Kahului, Hawaii, on Aug. 10, 2023.

Persons: Hawaii Sen, Brian Schatz, King Kamehameha I, we're, " Schatz, Josh Green, Puong Sui, Lin, Green, Joe Biden, Biden, Deanne, Criswell, Mengshin Lin Organizations: Hawaii Gov, Washington Post, Getty, Emergency Management, NPR, Kahului Locations: Maui, Lahaina, Hawaii, Maui County, West Maui, Puong, Kahului

The order is aimed at preventing American capital and expertise from helping China develop technologies that could support its military modernization and undermine U.S. national security. China said on Thursday it is "gravely concerned" about the order and that it reserves the right to take measures. The White House said Biden consulted allies on the plan and incorporated feedback from Group of Seven nations. "Today the United States is taking a strategic first step to ensure American investment does not go to fund Chinese military advancement." Last year, total U.S.-based venture-capital investment in China plummeted to $9.7 billion from $32.9 billion in 2021, according to PitchBook data.

Persons: Joe Biden, Elizabeth Frantz, Biden's, Biden, Chuck Schumer, Marco Rubio, Emily Benson, David Shepardson, Andrea Shalal, Stephen Nellis, Max Cherney, Krystal Hu, Karen Freifeld, Idrees Ali, Liz Lee, Lincoln, Jonathan Oatis, Cynthia Osterman, Michael Perry Organizations: White, REUTERS, Wednesday, U.S, Treasury, Biden, Chinese Commerce Ministry, Seven, Democratic, Republicans, REPUBLICAN, The Semiconductor Industry Association, Center for Strategic, International Studies, Thomson Locations: Washington , U.S, WASHINGTON, China, U.S, Japan, Netherlands, United States, Washington, Beijing

The order is aimed at preventing American capital and expertise from helping China develop technologies that could support its military modernization and undermine U.S. national security. The White House said Biden consulted allies on the plan and incorporated feedback from Group of Seven nations. "Today the United States is taking a strategic first step to ensure American investment does not go to fund Chinese military advancement." Last year, total U.S.-based venture-capital investment in China plummeted to $9.7 billion from $32.9 billion in 2021, according to PitchBook data. The restrictions will hurt both Chinese and American businesses, interfere with normal cooperation and reduce investor confidence in the U.S., he said.

Persons: Joe Biden, Elizabeth Frantz, Biden, Chuck Schumer, Marco Rubio, Emily Benson, David Shepardson, Andrea Shalal, Stephen Nellis, Max Cherney, Krystal Hu, Karen Freifeld, Idrees Ali, Lincoln, Jonathan Oatis, Cynthia Osterman Organizations: White, REUTERS, Wednesday, U.S, Treasury, Biden, Seven, Democratic, Republicans, REPUBLICAN, The Semiconductor Industry Association, Center for Strategic, International Studies, Thomson Locations: Washington , U.S, WASHINGTON, China, U.S, Japan, Netherlands, United States, Washington

☆ Hawaii wildfires burn through Maui, killing at least 36 people
▼ + stars: | 2023-08-10 | by ( Delon Thornton | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHawaii wildfires burn through Maui, killing at least 36 peoplePresident Biden declared a 'major disaster' on Thursday as thousands of Hawaii residents raced to flee their homes on Maui as wildfires continue to sweep across the island, destroying property and killing at least 36 people in one of the deadliest U.S. wildfires in recent years.

Persons: Biden Locations: Maui, Hawaii

☆ Biden Declares Disaster for Maui
▼ + stars: | 2023-08-10 | by ( Jonathan Wolfe | More About Jonathan Wolfe | ) www.nytimes.com time to read: +1 min

Biden declares disaster for MauiPresident Biden issued a major disaster declaration for Maui as evacuation centers filled and tourists fled from the island in the wake of a fast-moving wildfire. The death toll climbed to 36, and hundreds of buildings were damaged in the tourist town of Lahaina and elsewhere on the western coast. Tad Craig, a wedding photographer who saw the wildfire on Tuesday in Lahaina, said gas tanks were exploding and smoke was blowing sideways. The fire, which officials said had been largely contained, prompted officials to evacuate 11,000 tourists from Maui, whose economy relies on tourism. Officials have strongly discouraged people from traveling to the island, one of America’s most beloved tourist destinations, while the crisis continues.

Persons: Biden, Tad Craig, ” Organizations: Maui, Flames, U.S . Coast Guard, Officials Locations: Maui, Lahaina

☆ Maui Wildfires: Biden Declares Major Disaster in Hawaii
▼ + stars: | 2023-08-10 | by ( ) www.wsj.com time to read: 1 min

ChatGPT Is Getting Dumber at Math. An updated version of ChatGPT has gotten worse at basic math, according to new research. The finding underlines a bigger problem for the development of artificial intelligence. WSJ “The Numbers” columnist Josh Zumbrun joins host Zoe Thomas to explain what’s going on. Plus, WSJ exclusive reporting on what led to a crash involving Tesla’s autopilot.

Persons: ChatGPT, Josh Zumbrun, Zoe Thomas, Leon Neal Organizations: Getty

☆ Hawaii wildfires: Biden vows immediate aid, deploys military to assist victims
▼ + stars: | 2023-08-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

President Joe Biden on Thursday vowed immediate assistance for Maui residents who have lost loved ones and their homes in devastating wildfires that have taken at least 36 lives. "Anyone who's lost a loved one, whose home has been damaged or destroyed, is going to get help immediately," Biden said. The president has ordered the military to the island to help fight the blaze and evacuate people out of harms way. The Marines are providing Black Hawk helicopters to help fight the fires. The U.S. Department of Transportation is also working with commercial airlines to help evacuate tourists from Maui.

Persons: Joe Biden, Biden, who's, Josh Green, Deanne Organizations: Hawaii Gov, Army, U.S, Marines, NBC News, U.S . Department of Transportation, Maui ., Maui . United Airlines, Kahului Locations: Kihei, Maui County, Hawaii, U.S, Maui, Lahaina, Utah, Maui . United

REUTERS/Jonathan ErnstAug 10 (Reuters) - A federal appeals court on Thursday will weigh lifting a Louisiana judge's order limiting the Biden administration's ability to communicate with social media companies to urge them to moderate information it deems harmful or misleading. Circuit Court of Appeals in New Orleans is set to hear arguments in the administration's appeal of the judge's ruling, which found that the government wrongly pushed social media firms to suppress disfavored political views. The Biden administration quickly appealed, and the 5th Circuit temporarily put the judge's ruling on hold while it heard the case. The administration denies forcing social media companies to take down any posts. The panel that will hear the Biden administration's appeal includes three judges who were all appointed by Republican presidents, U.S.

Persons: Joe Biden, Jonathan Ernst, Terry Doughty's, Doughty, Donald Trump, Trump, lockdowns, Biden, Edith Brown Clement, Jennifer Walker Elrod, Don Willett, Brendan Pierson, Nate Raymond, Aurora Ellis Organizations: REUTERS, Biden, Circuit, District, Democratic, Meta, Inc, YouTube, Twitter, X Corp, Trump, Department of Health, Human Services, Federal Bureau of, 5th Circuit, Republican, Thomson Locations: Arcosa, Belen , New Mexico, U.S, Louisiana, New Orleans, Missouri, Monroe, New York

☆ America’s new China curbs eschew scale for smarts
▼ + stars: | 2023-08-10 | by ( Ben Winck | ) www.reuters.com time to read: +4 min

The White House on Wednesday took the wraps off its proposal for screening investments U.S.-based funds make abroad, giving President Joe Biden a new tool for “de-risking” from China. But while the government’s inbound-investment reviews have often proven onerous, the pitch for outbound screening should placate investors and even diplomats. If recipients boast close ties to Chinese military or intelligence capabilities, the department could then block the transaction. Follow @BenWinck on TwitterCONTEXT NEWSU.S. President Joe Biden on Aug. 9 issued an executive order that tasks the Treasury Department with forming an outbound investment screening program. In response to the executive order the Treasury Department issued an Advanced Notice of Proposed Rulemaking seeking comment on the program.

Persons: Joe Biden, Jonathan Ernst, Janet Yellen’s, Antony Currie, Katrina Hamlin Organizations: Auburn Manufacturing, REUTERS, Reuters, Washington, Wednesday, Biden, Regulators, Treasury, Department, Treasury Department, Thomson Locations: U.S, Auburn , Maine, WASHINGTON, China, Washington

REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Aug 10 (Reuters) - U.S. President Joe Biden asked Congress to approve about $40 billion in additional spending on Thursday, including $24 billion for Ukraine and other international needs, $4 billion related to border security and $12 billion for disaster relief. Trump, the front-runner in the race to be the Republican presidential nominee in 2024, has been sharply critical of U.S. support for Ukraine in the war. FIRST UKRAINE REQUEST SINCE REPUBLICANS TOOK HOUSERepublicans narrowly control the House, where Speaker Kevin McCarthy signaled in June that any request for more assistance for Ukraine would face an uphill path through Congress. The House and Senate last approved aid for the Kyiv government - $48 billion - in December, before Republicans took control of the House. The request includes $13.1 billion for the Department of Defense, including $9.5 billion for equipment for Ukraine and replenishment of U.S. equipment stocks already sent to Kyiv.

Persons: Joe Biden, George E, Jonathan Ernst, Donald Trump, pare, Chuck Schumer, Biden, America’s, Vladimir Putin, Schumer, Mitch McConnell, McConnell, Kevin McCarthy, McCarthy, Shalanda Young, Russia's Wagner, Yevgeny Prigozhin, Andrea Shalal, Patricia Zengerle, David Shepardson, Doina Chiacu, Jonathan Oatis Organizations: George, Wahlen Department of Veterans Affairs Medical, REUTERS, White, Washington, Trump, Republican, Ukraine, Democratic, FIRST, HOUSE, Kyiv, Republicans, World Bank, Department of Defense, Department of State, U.S . Agency for International Development, Department of Homeland Security, DHS, Thomson Locations: Salt Lake City , Utah, U.S, Ukraine, Kyiv, Russian, United States, Russia, China, FIRST UKRAINE, Niger

REUTERS/Elizabeth Frantz/File PhotoNEW YORK/WASHINGTON, Aug 9 (Reuters) - President Joe Biden on Wednesday signed an executive order that will narrowly prohibit certain U.S. investments in sensitive technology in China and require government notification of funding in other tech sectors. The long-awaited order authorizes the U.S. Treasury secretary to prohibit or restrict certain U.S. investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies, and certain artificial intelligence systems. Senate Democratic Leader Chuck Schumer praised Biden's order, saying "for too long, American money has helped fuel the Chinese military’s rise. Today the United States is taking a strategic first step to ensure American investment does not go to fund Chinese military advancement." Most investments captured by the order will require the government be notified about them.

Persons: Joe Biden, Elizabeth Frantz, Biden, Chuck Schumer, Biden's, Emily Benson, Benson, David Shepardson, Andrea Shalal, Karen Freifeld, Idrees Ali, Lincoln, Jonathan Oatis Organizations: White, REUTERS, Wednesday, U.S, Treasury, Democratic, Embassy, Reuters, Group, U.S . Department of Commerce, Center for Strategic, International Studies, Thomson Locations: Washington , U.S, WASHINGTON, China, United States, U.S, Washington, States

REUTERS/Elizabeth Frantz/File PhotoNEW YORK/WASHINGTON, Aug 8 (Reuters) - The White House on Wednesday will detail its plans to prohibit some U.S. investments in sensitive technology in China, and require that the government be notified of other investments, a senior government source told Reuters. Reuters reported on Friday that President Joe Biden was expected to soon issue the long-awaited executive order to screen outbound investments in sensitive technologies to China this week. The administration is expected to target active investment such as U.S. private equity, venture capital and joint venture investments in China in semiconductors, quantum computing and artificial intelligence. Most investments captured by the order will require that the government be notified about them, sources have said. The details are still a work in progress, but it is unlikely to cover passive or securities investments, the person said.

Persons: Joe Biden, Elizabeth Frantz, Biden, Jake Sullivan, Gina Raimondo, Emily Benson, Benson, David Shepardson, Karen Freifeld, Lincoln, Jonathan Oatis Organizations: White, REUTERS, Reuters, National, . Commerce, The New York Times, U.S . Department of Commerce, Center for Strategic, International Studies, Thomson Locations: Washington , U.S, WASHINGTON, China, U.S, Beijing, United States

U.S. President Joe Biden delivers remarks on access to mental health care in the East Room of the White House in Washington, U.S., July 25, 2023. REUTERS/Elizabeth Frantz/File PhotoNEW YORK/WASHINGTON, Aug 8 (Reuters) - The White House on Wednesday will detail its plans to prohibit some U.S. investments in sensitive technology in China, and require that the government be notified of other investments, a senior government source told Reuters. Reuters reported on Friday that President Joe Biden was expected to soon issue a the long-awaited executive order to screen outbound investments in sensitive technologies to China this week. The White House declined to comment on Tuesday. Most investments captured by the order will require that the government be notified about them, sources have said.

Persons: Joe Biden, Elizabeth Frantz, Biden, Jake Sullivan, Gina Raimondo, Emily Benson, Benson, David Shepardson, Karen Freifeld, Lincoln Organizations: White, REUTERS, Reuters, National, . Commerce, The New York Times, U.S . Department of Commerce, Center for Strategic, International Studies, Thomson Locations: Washington , U.S, WASHINGTON, China, U.S, Beijing, United States

The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The Headlines brings you the biggest stories of the day from the Times journalists who are covering them, all in about 10 minutes. Hosted by Annie Correal, the new morning show features three top stories from reporters across the newsroom and around the world, so you always have a sense of what’s happening, even if you only have a few minutes to spare.

Persons: Annie Correal Organizations: New York Times, Times

Sources said Biden's schedule for Asia is not official until it has been announced and could change. One senior diplomat referred to Indonesia having scheduled the ASEAN summits, which are normally held in November, for September, specifically to make is possible for Biden to attend and then go on to the G20. Sources said Biden was expected to send Vice President Kamala Harris in his place. Policy analysts said another no-show by Biden, who attended ASEAN meetings in Cambodia in November, would call that characterization into question. "Southeast Asia has been impressed that Washington under Biden has stepped up engagement with the region," Hiebert said.

Persons: Joe Biden, Jonathan Ernst WASHINGTON, Biden, we'll, Kamala Harris, Harris, Jonathan, Murray Hiebert, Hiebert, Ted Osius, Donald Trump, Barack Obama, David Brunnstrom, Simon Lewis, Michael Martina, Stanley Widianto, Grant McCool Organizations: REUTERS, Reuters, Association of Southeast Asian Nations, ASEAN, White, White House, Biden, U.S ., Southeast, Washington's Center, Strategic, International Studies, ASEAN Business Council, Democrat, Republican, Thomson Locations: Tusayan , Arizona, U.S, JAKARTA, Jakarta, India, Vietnam, Indonesia, Washington, Asia, American, Papua New Guinea, Australia, ASEAN, Cambodia, Southeast Asia, East Asia

☆ Biden highlights economic transformation at New Mexico wind tower plant
▼ + stars: | 2023-08-09 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

[1/4] U.S. President Joe Biden delivers remarks on the economy at Arcosa, a wind tower manufacturing facility, in Belen, New Mexico, U.S., August 9, 2023. REUTERS/Jonathan ErnstBELEN, New Mexico, Aug 9 (Reuters) - U.S. President Joe Biden took his economic pitch to New Mexico on Wednesday to boast how his signature legislation helped turn a previously shuttered facility into a wind tower manufacturing facility. Biden said previous administrations promised to invest in U.S. manufacturing, only to see jobs and capital move abroad. Antonio Carrillo, CEO of Arcosa (ACA.N), said his company and the wind power industry were struggling before the infusion of new funds from Washington. After the IRA passed, he said he received its biggest order for wind towers.

Persons: Joe Biden, Jonathan Ernst BELEN, Biden, invigorate, ” Biden, Antonio Carrillo, Nandita Bose, Jeff Mason, Jarrett Renshaw, Simon Cameron, Moore, Jonathan Oatis Organizations: REUTERS, Democrat, Republican, Reuters, Thomson Locations: Arcosa, Belen , New Mexico, U.S, New Mexico, American, America, Washington

☆ At at former Solo cup factory turned wind tower plant, Biden showcases a green energy revolution
▼ + stars: | 2023-08-09 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden delivers remarks on the economy at Arcosa, a wind tower manufacturing facility, in Belen, New Mexico, August 9, 2023. President Joe Biden visited a former Solo cup factory that has been renovated into a wind tower plant in Belen, New Mexico on Wednesday, where he hailed his green energy economic plan at a groundbreaking for the new facility. "For the longest time we've been told to give up on American manufacturing — that it can't happen again," Biden said. The event at the wind tower plant coincided with the year anniversary of the signing of the Chips and Science Act and the Inflation Reduction Act, which was signed a week later. The White House said that after the passage of the Inflation Reduction Act, Arcosa received $1.1 billion in new wind tower orders, prompting it to build this new plant.

Persons: Joe Biden, we've, Biden, I've, Arcosa Organizations: Chips, Science Locations: Arcosa, Belen , New Mexico, America, United States, Arizona

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