Author: strong

President Joe Biden tended to both business and security interests Sunday as he wraps up a three-day visit to South Korea, showcasing Hyundai’s pledge to invest at least 10 billion in electric vehicles and related technologies in the United States. Before visiting US and South Korean troops monitoring the rapidly evolving North Korean nuclear threat, Biden said the US was ready for any provocation that Kim Jong Un might deliver. Hyundai’s investment includes 5.5 billion for an electric vehicle and battery factory in Georgia. Appearing with Biden, Hyundai CEO Euisun…

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President Biden on Saturday signed legislation to support Ukraine with another USD 40 billion in U.S. assistance as the Russian invasion approaches its fourth month. The legislation, which was passed by Congress with bipartisan support, deepens the U.S. commitment to Ukraine at a time of uncertainty about the war’s future. Ukraine has successfully defended Kyiv, and Russia has refocused its offensive on the country’s east, but American officials warn of the potential for a prolonged conflict. The funding is intended to support Ukraine through September, and it dwarfs an earlier…

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The UK government has said it strongly supports the expansion of the North Atlantic Treaty Organisation (NATO) as Sweden and Finland confirmed their intention to apply for membership of the military alliance, in a historic shift of foreign policy stance in the wake of the Russia-Ukraine conflict. UK Foreign Secretary Liz Truss said on Monday evening that the two Nordic countries should be integrated into NATO, which operates on a collective defence basis under which an attack against any one ally is considered as an attack against all allies. The…

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