Topic: Economic Competitiveness
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Natcast Announces Major Staff Layoffs
Natcast, the non-profit managing the National Semiconductor Technology Center, is laying off most staff and closing after the Commerce Department withheld $7.4 billion in funding, alleging legal issues with its structure. The organization, established to advance semiconductor research and workfor...
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Trump Unveils Aggressive New AI Strategy for the US
The U.S. has released a 28-page AI strategy, Winning the AI Race: America’s AI Action Plan, outlining nearly 100 initiatives to boost AI leadership, infrastructure, and global influence. The plan focuses on accelerating AI research, expanding domestic infrastructure like data centers, and shapi...
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Biden Administration Unveils Sweeping New Rules to Control Global AI Spread
In a bold move to assert U.S. dominance in the rapidly evolving field of artificial intelligence (AI), the Biden administration has introduced a comprehensive set of regulations aimed at controlling…
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UAE-Zhejiang Trade Soars 20% to $9.3B in H1 2025
Bilateral trade between the UAE and China's Zhejiang province grew by nearly 20% in the first half of 2025, reaching $9.34 billion, reinforcing the UAE's position as Zhejiang's key trading partner in West Asia. Electric vehicle exports from Zhejiang's Ningbo port to the UAE surged by 273% in the ...
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