US: Tech firms banned from setting factories in China for ten years

WASHINGTON (Parliament Politics Magazine) – The Biden government has announced plans to promote domestic semiconductor production while prohibiting US technology companies that receive government assistance from constructing “advanced technology facilities” in China for ten years. The US government’s roughly $53 billion (£46

Using state loans, energy companies to bring the bills down

LONDON (Parliament Politics Magazine) – Allowing energy providers to take out government-backed loans to subsidise bills will help lower consumers’ energy expenditures. On Thursday, the plan—which had been proposed by the energy sector—is expected to be announced. The government’s effort to address