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Biden Administration Announces $7.3 Trillion Budget Statement for Fiscal Year 2025 2024.03.12 “Cornerstone of the election campaign, contrasting with Trump’s economic policies.” The Biden administration announced a budget statement of $7.3 trillion for the 2025 fiscal year on the 11th (local time). The plan aims to reduce the fiscal deficit through increased taxes on the wealthy and corporations and secure financial resources for new low-income support programs. […]

Poland to Ask Biden for 'Military Aid' Amid Threats from Russia 2024.03.12 President Duda plans to request additional troop deployment, etc. during the meeting at the White House. Bloomberg reported on the 12th (local time) that Poland is planning to request an expansion of military support from U.S. President Joe Biden due to fears of Russian threats. According to a source well-informed about the matter, Polish President […]

Trump v Biden: Who Do Voters Prefer When It Comes to Economic Policies? 2024.03.12 (Photo=AFP/Yonhap) Despite indications of an improving U.S. economy, President Joe Biden’s “economic score” shows little sign of a rebound, attracting attention to the reason behind this. According to Yonhap News, on the 10th (local time), the Financial Times (FT) reported that although American voters believe the economy is improving, they remain stingy in support of […]

Biden Slams Trump During State of the Union Address, Raises Roughly $150,000 Per Minute 2024.03.12 Democratic Party, “Biden’s recent State of the Union Address was viewed by 32.2 million people, an 18% increase from last year.” ⓒReuters/Yonhap News President Joe Biden of the United States raised a large amount in donations immediately after his State of the Union Address. According to CNN and other broadcasts, the Biden campaign announced on […]

Joe Biden and Donald Trump Tied in Approval Ratings 2024.03.12 A poll on the 4th and 5th shows a tie for approval rating at 45%“Defense industry is positive despite Trump’s comments on increase of defense cost sharing with Korea.” Anticipations are high as President Joe Biden will possibly have a rematch with former President Donald Trump in the upcoming November presidential election, four years after […]

Despite Biden 'Red Line' Warning, Netanyahu Vows Rafah Invasion 2024.03.12 Saudi, Syria, Egypt, UAE announce the start of the Ramadan fastingMediating countries will continue to persuade for ceasefire during RamadanNetanyahu: “My Red Line is Not Repeating October 7” The Palestinian Gaza Strip is set to have the Islamic fasting month of Ramadan without a ceasefire. Ramadan holds profound significance as the holy month when the […]

Biden Slams Supreme Court for Rolling Back Abortion Rights 2024.03.12 Following his State of the Union address, President Biden criticizes the Supreme Court in an MSNBC interview. According to Axios, President Joe Biden criticized the federal Supreme Court for overturning the “Roe v. Wade” ruling that recognized women’s abortion rights up to six months of pregnancy, on the 9th (local time). During an interview with […]

Biden v Trump: The Biggest Battleground in Georgia 2024.03.11 President Joe Biden and former President Donald Trump, who are confirmed to face off again in the November U.S. election, clashed in Georgia, one of the handful of states that will decide who wins the presidency. According to foreign media on the 9th (local time), President Biden and former President Trump held their first campaign […]

Biden-Trump Tied in 'Super Tuesday' Polls 2024.03.11 As the “rematch” between President Joe Biden and former President Donald Trump intensifies, a poll released on the 7th (local time) showed that both candidates had equal support. The poll did not reflect President Biden’s State of the Union Address on the 7th, leaving room for speculation about future trends. On the 10th (local time), […]

Russia Launches New Projects to Boost Birth Rate and Support Youth Education 2024.03.11 The Russian government is launching a new project to increase the domestic birth rate and strengthen support for youth education. According to KOTRA and other sources, on the 9th, Russia is planning to start five new national projects: △Family (aiming to increase birth rate and life expectancy) △, Russian Youth (aiming to better youth education) […]

Biden Sets New Record After Raising $10 Million in Donations in 24 Hours 2024.03.11 After delivering an impassioned State of the Union Address, President Joe Biden of the United States managed to raise $10 million in donations in a single day. President Joe Biden’s re-election campaign said on the 10th (local time) that it raised more than $10 million in donations in 24 hours following a fiery State of […]

Biden Administration Mulls Blacklisting Chinese Semiconductor Firms 2024.03.11 Bloomberg reported on the 8th (local time) that the U.S. Joe Biden administration is considering additional sanctions against six Chinese semiconductor companies, including Changxin Memory Technologies (CXMT), a major Chinese DRAM semiconductor company. Bloomberg reports that the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce is considering adding CXMT to the […]

Volkswagen Begins Pre-Sales For the New ID.7 Tourer in the European Market 2024.03.11 Volkswagen has begun pre-sales in Europe for the ID.7 Tourer, which was first unveiled in February this year. The ID.7 sedan was launched in April 2023 and is currently sold in North America, Europe, and China (ID.7 VIZZION for the Chinese market). The ID.7 Tourer is launched as a new flagship, joining Volkswagen’s new Passat […]

Egypt's Inflation Rate Reaches 35.7% in February 2024.03.11 Egypt’s annual inflation surged in February. According to Capmas statistics on the 10th (local time), Egypt’s annual urban consumer price inflation surged from 29.8% in January to 35.7% in February, fueled by rising food and beverage prices. The central bank stated that core inflation, excluding fuel and some volatile foods, rose from 29% in January […]

EU Finds Evidence of Chinese Government Unfairly Providing Subsidies 2024.03.11 The EU’s European Commission announced that after months of investigation, it had found evidence that the Chinese government was unfairly providing subsidies for electric vehicles exported to Europe through direct fund transfers. In October 2023, Europe began an official investigation into China’s electric vehicle industry. As European companies enter the European Union, they are competing […]

U.S. Government Approves $350 Million Weapon Sale to South Korea, MH-60R Engines Included 2024.03.11 South Korea has received approval from the U.S. government for the sale of weapons worth $350 million, including the engine of the maritime operations helicopter “MH-60R (Seahawk).” The path has been opened to introduce six U.S. General Electric (GE) engines. According to the U.S. Defense Security Cooperation Agency (DSCA), on the 11th, this department approved […]

Russia Warns U.S. Ambassador Lynne Tracy Not to 'Interfere With Internal Affairs' 2024.03.11 Reuters/Yonhap News With just a week left until the presidential elections, Russia has warned the U.S. Ambassador not to “attempt interfering in its domestic affairs.” The Russian Ministry of Foreign Affairs summoned the U.S. Ambassador to Russia, Lynne Tracy, on the 7th (local time), and said that “Any attempts to interfere in the domestic affairs […]

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