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While the Biden administration push, described by economists as an industrial policy, has opened opportunities for some companies, significant hurdles remain. The 2022 CHIPS and Science Act provides $52.7 billion in federal subsidies for semiconductor production and research. Industrial policy still has critics. Scott Lincicome, director of general economics at the libertarian Cato Institute, said industrial policy tends to crumble into failed projects and cost overruns. "There's all sorts of more market-oriented reforms that could achieve the type of objectives our political class wants, without the unintended consequences of industrial policy," he said.

[1/4] A man sits outside after an earthquake in Antakya in Hatay province, Turkey, February 20, 2023. The fear that kept her awake at night for two weeks had now come true. "I will pick you up and we will leave," Havva told her daughter. On Tuesday, Reuters saw Havva with Mehmet and her two daughters just outside Antakya city centre, boarding a bus that would take them to Edirne free of charge. Murat Vural, a 47-year-old blacksmith, who was at the camp on Monday night, likened the earthquake to religious stories about Antakya.

Click to unmute A global city needs a global soundtrack, and in New York, you can find nearly anything you want. Over the past several months, we followed several New York musical scenes that reflect the city’s creative soul, thriving in community centers, local bars and public parks. The sight of a new generation encouraged Mr. Joseph, who sees the band as preserving traditional culture in the modern city. It becomes part of you.” New York itself is as much a player as any musician, transforming traditional tunes into something new. The people who embraced Mateo and his mother when they moved from Boston to New York in 2016 now consoled her.

☆ More than 3,000 dead as two massive earthquakes rock Turkey and Syria
▼ + stars: | 2023-02-06 | by ( Aina J. Khan | Mithil Aggarwal | ) www.cnbc.com time to read: +7 min

Just hours later, a 7.5-magnitude quake hit the same area, raising the specter of a new humanitarian crisis in a region devastated by years of conflict. A massive 7.8-magnitude earthquake hit southern Turkey on Monday , killing more than 3,000 people in the country and neighboring Syria with scores more trapped in the rubble as another huge temblor hit the region. People search for survivors under the rubble following an earthquake in Diyarbakir, Turkey February 6, 2023. The quake hit an area of Syria's northwest that is divided between government-held territory and the country's last remaining rebel-controlled enclave. Turkey sits on top of major fault lines and is frequently shaken by earthquakes; 18,000 people were killed in powerful earthquakes that hit northwest Turkey in 1999.

☆ David Letterman interviews Ukraine's Zelenskiy in underground subway
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] David Letterman arrives at the Statue Of Liberty Museum Opening Celebration at Battery Park in New York, U.S., May 15, 2019. REUTERS/Demetrius Freeman/File PhotoDec 12 (Reuters) - U.S. talkshow host David Letterman has done many interviews in his life - but never one quite like this. In October, the late-night host traveled to Kyiv to interview Ukrainian President Volodymyr Zelenskiy in the safest part of the city — a subway platform 300 feet (90 meters) below ground. Letterman also spoke with the head of Ukraine's railways - vital to the war effort - and visited a comedy club. "My Next Guest... with David Letterman and Volodymyr Zelenskiy" airs on Netflix from Monday.

At an EU economics and finance ministers' meeting in Brussels, Hungarian minister Mihaly Varga confirmed his government's opposition to supporting Ukraine with the loan. Hungary has said it would not take part in joint EU borrowing for Ukraine, though Budapest has said it would provide bilateral assistance. But this is not how Hungary's decision to block the EU loan has been received by all. Locked in a tug-of-war with Hungary, the ministers decided to take off their agenda on Tuesday any decision about 7.5 billion euros in EU funds earmarked for Hungary, according to EU officials. International watchdogs say he has channelled EU funds to his inner circle over the years, entrenching himself in power.

☆ Zelensky Warns of More Russian Missile Attacks as Fighting Rages in Eastern Ukraine
▼ + stars: | 2022-11-28 | by ( Matthew Luxmoore | ) www.wsj.com time to read: 1 min

KYIV, Ukraine—Fierce fighting rumbled on in east Ukraine on Monday, as Moscow denied Kyiv’s claims that it was preparing to abandon a nuclear-power plant in the country’s south that it has occupied since March. In the eastern Donetsk region, Russia is struggling to seize the city of Bakhmut and achieve a symbolic victory after being on the back foot for months. Recent successful Ukrainian offensives have returned most of the northeastern Kharkiv region and the key southern regional capital of Kherson to Kyiv’s control.

☆ Fighting Rages in Eastern Ukraine as Zelensky Warns of More Russian Missile Attacks
▼ + stars: | 2022-11-28 | by ( Matthew Luxmoore | ) www.wsj.com time to read: 1 min

KYIV, Ukraine—Fierce fighting rumbled on in east Ukraine, as Moscow denied Kyiv’s claims that Russia was preparing to abandon a nuclear-power plant in the country’s south that it has occupied since March. In the eastern Donetsk region, Russia is struggling to seize the city of Bakhmut and achieve a symbolic victory after being on the back foot for months. Recent successful Ukrainian offensives have returned most of the northeastern Kharkiv region and the key southern regional capital of Kherson to Kyiv’s control.

Soccer’s global governing body has found itself at loggerheads with seven European nations over the threat of sanctions for any player wearing a “OneLove” armband during games. Kane (right) wears the "OneLove" armband during the Nations League game between England and Italy on September 23. So that’s why we chose to do this.”Belgian Foreign Affairs Minister Hadja Lahbib wears a "OneLove" armband in the stands. Germany's players pose with their hands covering their mouths prior to their World Cup game against Japan. The “OneLove” armband is not the only instance of attire being scrutinized at the World Cup.

☆ Analysis: Need for speed: China Xi's new generals offer cohesion over possible Taiwan plans
▼ + stars: | 2022-10-27 | by ( Greg Torode | ) www.reuters.com time to read: +5 min

Although the Politburo's seven-man Standing Committee would make the ultimate decision on any Taiwan action, the Central Military Commission would forge and execute the battle plan, eight Asian and Western military attaches say. "If Xi Jinping is going to the pull the trigger on Taiwan, then he can't afford any dissent from the Central Military Commission," said Singapore-based strategic adviser Alexander Neill. That has always been Chinese thinking on Taiwan, and the Ukraine stalemate has confirmed the need to avoid getting bogged down in a slow logistical build up." Crucially, Li has experience with the People's Liberation Army's digitised strategic support forces, a body that covers electronic, cyber and space warfare. He was promoted to the position after his command of the reformed Eastern Theatre Command, which is responsible for Taiwan operations.

☆ Analysis: Xi's new generals face tough military challenges post-congress
▼ + stars: | 2022-10-16 | by ( Greg Torode | ) www.reuters.com time to read: +7 min

Now come the tricky next steps for his Central Military Commission: implementing sweeping changes to its leadership, which commands China's two million-strong People's Liberation Army, potentially tightening Xi's grip over the military and its modernisation. Among those expected to step down are the body's vice chairmen, Generals Xu Qiliang and Zhang Youxia, both 72. Diplomatic challenges are also mounting, as China's military modernisation confronts the traditional U.S. strategic dominance in East Asia. Who is chosen could shed light on Xi's military priorities. "There is no shortage of senior military officers who internally parrot Xi's 'fight and win' mantra, but the conundrum for the PLA is the lack of operational experience," said Alexander Neill, a private military analyst.

☆ Choked-Up Yards and Trailer Shortages Box In America’s Truckers
▼ + stars: | 2022-10-08 | by ( Paul Berger | ) www.wsj.com time to read: +8 min

“There’s a lot more hours and a lot more waiting, just because there’s no chassis.” Mr. Carrera said. Mr. Carrera uncouples a truck trailer, known as a chassis, from his rig at a yard outside Chicago. Mr. Carrera works as an independent owner-operator for California Cartage, a subsidiary of NFI Industries, a Camden, N.J.-based logistics and trucking operator. Mr. Carrera arrived at the container yard that held the Michaels box at about 6:45 a.m. His was the seventh truck in line when the yard opened. There was another empty container waiting nearby that needed to be picked up.

☆ Powerful quake shakes Mexico on anniversary of devastating temblors
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterMEXICO CITY, Sept 19 (Reuters) - A powerful earthquake struck near the coast of western Mexico on Monday on the anniversary of two devastating temblors, shaking buildings and sending residents of Mexico City scurrying onto the streets for safety. Shortly after 1 p.m. local time, the quake registered at 7.6 magnitude by the U.S. Geological Survey hit near the coast on the border region of the states of Michoacan and Colima at a depth of around 15 km (9 miles). Mexico City Mayor Claudia Sheinbaum said there were no immediate reports of damage in the capital after the tremors, which rumbled through Mexico on the same day as major quakes hit the country in 1985 and 2017. Thousands of people were killed in the 1985 earthquake and more than 350 died in the 2017 quake. Register now for FREE unlimited access to Reuters.com RegisterReporting by Mexico City newsroom; writing by Dave Graham; editing by Stephen EisenhammerOur Standards: The Thomson Reuters Trust Principles.

☆ Powerful quake strikes Mexico on anniversary of temblors, at least one dead
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +3 min

MEXICO CITY, Sept 19 (Reuters) - A powerful earthquake struck western Mexico on Monday on the anniversary of two devastating temblors, killing at least one person, damaging buildings, knocking out power and sending residents of Mexico City scrambling on to streets for safety. Authorities also reported damage to two hospitals in the western state of Michoacan near the epicenter. 1/5 People stand in the street after a quake, in Mexico City, Mexico, September 19, 2022. Thousands of people were killed in the Sept. 19, 1985 earthquake and more than 350 died in the Sept. 19, 2017 quake. Register now for FREE unlimited access to Reuters.com RegisterReporting by Mexico City newsroom; writing by Dave Graham; editing by Stephen Eisenhammer and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ The night the Lord of the Skies got away
▼ + stars: | 2022-07-22 | by ( Noah Hurowitz | ) www.businessinsider.com time to read: +38 min

It was May 1985, and Ramirez had only been with the Border Patrol for two and a half years. But he also knew that at the end of that road, just before the international port of entry, was a Border Patrol station. The Lord of the SkiesWithin a decade of that traffic stop, Amado would be the most significant drug trafficker in Mexico. It's the border," Ford told me recently when I reached him by phone. Ford and Amado didn't make a deal that night, but Ford said they agreed to "something tentative."

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