Tuesday, June 8, 2021

Betting on the factories of the future

Chuck Schumer gets a bipartisan tech win in the Senate; leftist teacher Pedro Castillo may be Peru's next president.

 

Tonight's Sentences was written by Gregory Svirnovskiy.

TOP NEWS
A bill to compete with China on tech production
Chip Somodevilla/Getty Images
  • The Senate is set to pass a wide-ranging bill to bolster technological competitiveness with China. It includes $52 billion to strengthen domestic computer chip production and make the country less reliant on China and neighboring nations. [Bloomberg / Daniel Flatley]
  • It's the biggest move yet made by the federal government to counter China's extreme growth in the manufacturing and production of new technology.  [Barron's / Reshma Kapadia]
  • Schumer said Monday that the bill would put the US "on a path to lead the world in the industries of the future." [CNBC / Thomas Franck]
  • Beyond stimulating computer chip production, the bill would also authorize $81 billion to overhaul the National Science Foundation and $16.9 billion for supply chain research at the Department of Energy. [CNBC / Thomas Franck]
  • The bill could pass through the Senate as early as Tuesday. Its path in the House of Representatives isn't as clear. Still, an eventual signature from the desk of President Joe Biden seems likely. [Bloomberg / Daniel Flatley]
 
Learn more about RevenueStripe...
Socialist Pedro Castillo leads in Peru's presidential race
  • School teacher Pedro Castillo is set to become the new president of Peru. Castillo trailed neoconservative opponent Keiko Fujimori when election results were first being tallied. The rural vote brought him back. [Reuters / Maro Aquino and Marcelo Rochabrun]
  • A final count may be days away, with roughly 1 million expat votes left for processing. But for now, Castillo is up by thousands of votes. Fujimori is calling the tentative result invalid because of fraud. [Al Jazeera]
  • Her campaign has brought videos of what she alleges to be election meddling to the fore, calling attention to "a series of irregularities which worry us and we think it's important to highlight." Election observers think the concerns are just sour grapes. [The Guardian / Dan Collyns]
  • Fujimori is on the verge of losing her third runoff election in 10 years this week. The daughter of former President Alberto Fujimori, currently serving 25 years in prison for corruption and firing squad murders, Keiko Fujimori has long faced corruption and graft allegations of her own. [The Guardian / Dan Collyns]
  • Political winds were primed for a Castillo victory. Peruvians have long been frustrated with the establishment government, a sentiment that was only exacerbated by blunders in fighting Covid-19. [New York Times / Mitra Taj]
  • Castillo has pledged to tear up the Peruvian constitution and nationalize mining profits from the Andes. [Reuters / Marco Aquino, Fabian Cambero, Rodrigo Campos]
MISCELLANEOUS
"Do not come" to the American border, Vice President Kamala Harris told prospective migrants during a visit to Guatemala Monday.

[New York Times / Zolan Kanno-Youngs]

  • Joe Biden is set to embark on his first foreign trip as president this week, starting with a G7 conference in England. Biden will end the trip with in-person talks alongside Russian President Vladimir Putin. [Associated Press / Jill Lawless]
  • Israel's new government, with ultranationalist Naftali Bennett at the reins, will face a confidence vote in the Israeli Knesset this week. [Haaretz]
  • At least 63 people were killed in a collision between two trains in Southern Pakistan Monday. [Associated Press / Asim Tanveer and Muhammad Farooq]
Support our journalism

Reader contributions help keep Vox and newsletters like Sentences free for all. Support our work from as little as $3.

  

VERBATIM
"Texas is open 100%, and we want to make sure you have the freedom to go where you want without limits. Vaccine passports are now prohibited in the Lone Star State."

[Texas Gov. Greg Abbott, on signing a bill that will punish businesses for seeking proof of Covid-19 vaccination]

LISTEN TO THIS
Critical race theory


Across the country, Republican lawmakers are pushing laws banning "critical race theory" in schools. It's already had a chilling effect on teachers. [Spotify]

Read more from Vox

 

Democrats' doomed voting bill is too broad to pass — and not broad enough to work

 

The US is telling migrants "don't come." They might not be listening.

 

A company you've probably never heard of caused half the internet to go dark

 

Justice Kavanaugh hands down some surprisingly hopeful news for women's equality

 

Loki gives Marvel's beloved villain a charming second chance

 

 
Learn more about RevenueStripe...
Facebook Twitter YouTube
This email was sent to edwardlorilla1986.paxforex@blogger.com. Manage your email preferences, or unsubscribe to stop receiving all emails from Vox. If you value Vox's unique explanatory journalism, support our work with a one-time or recurring contribution.
View our Privacy Notice and our Terms of Service.
Vox Media, 1201 Connecticut Ave. NW, Washington, DC 20036.
Copyright © 2021. All rights reserved.

No comments:

Post a Comment

Private investors pour $50 billion into booming sector… investment opportunity

Unstoppable megatrend driven by hundreds of billions in government spending ...