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LATE last month, the Biden administration unveiled a US$2 trillion (RM8.28 trillion) infrastructure programme that aims to modernise American infrastructure. The American Jobs Plan has four major spending components over eight to 10 years.
WHERE is Wall Street going in the post-pandemic world? Finance is supposed to serve the real economy (Main Street), but the US and global economies are in the midst of a pandemic and recession, while Wall Street profits are higher than ever.
A week is a long time in politics. Last Wednesday, armed supporters of President Trump stormed the sanctity of the Capitol, the temple of American democracy
More must be done for health and sustainability
THE Covid-19 pandemic is still with us. And, appears to be growing rapidly globally.
WHO could have imagined that the Cold War could morph into a Cool War and now a Covid War? The Cold War was fought between the United States and the former Soviet Union, ending with the latter’s dissolution. The Cool War is still festering with the US-China trade conflicts.
WASHINGTON: The White House’s top economic adviser, Larry Kudlow, said the administration may consider asking for an equity stake in corporations that want coronavirus aid from taxpayers