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