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TradeBriefs Editorial

From the Editor's Desk

The Chipmaking World Hedges Its Taiwan Bets - Foreign Policy (No paywall)

Earthquake or not, building semiconductor factories off the island has become a global imperative.

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Military briefing: Israel's options to strike Iran - FT (No paywall)  
  

Whatever form direct retaliation takes, analysts warn there is a high risk of miscalculation — and further escalation


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Revealed: how companies made $100m clearing California homeless camps  
  

Revealed: how companies made $100m clearing California homeless camps
On an October morning, a small army arrived to evict Rudy Ortega from his home in the Crash Zone, an encampment located near the end of the airport runway in San Jose, California, Silicon Valley’s largest city. As jets roared overhead, garbage trucks and police squad cars encircled Ortega’s hand-built shelter. Heavy machinery operators stood by for the signal to bulldoze Ortega’s camp.


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Humane AI Pin: much-hyped gadget rocked by bad reviews  
  

Humane AI Pin: much-hyped gadget rocked by bad reviews
A new AI-fuelled gadget has fallen foul of the tech world's expectations.


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U.S. to set limits on silica exposure first recommended half a century ago  
  

U.S. to set limits on silica exposure first recommended half a century ago
Most people know silica as the mysterious contents of desiccation packets found in vitamin bottles, high-end leather purses, clothing, and other items. But for miners and other stone cutters, silica is a serious health hazard, and new rules announced on Tuesday by a U.S. government agency set strict limits on how much of the mineral they can be exposed to.


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Space startups are licking their lips after NASA converts $11B Mars mission into a free-for-all | TechCrunch  
  

Space startups are licking their lips after NASA converts $11B Mars mission into a free-for-all | TechCrunch
NASA administrator Bill Nelson has pronounced the agency’s $11 billion, 15-year mission to collect and return samples from Mars insufficient. But the strategy shift could be a huge boon to space startups, to which much of that planned funding will almost certainly be redirected.














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What Elon Musk doesn't understand about Brazil  
  

What Elon Musk doesn't understand about Brazil
You can pick out themes like right-wing populism or a libertarian founder cult, but they don’t explain things like the extended harassment of former Twitter executives or the obvious production blunders of the Cybertruck. In many cases, he seems to have given up on strategic thought.


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Andreessen Horowitz raises $7.2 billion, a sign that tech startup market may be bouncing back  
  

Andreessen Horowitz raises $7.2 billion, a sign that tech startup market may be bouncing back
Andreessen Horowitz said in a blog post at the time that Neumann\'s efforts to redesign the office experience at WeWork are \"often under appreciated\" and that the firm loves \"seeing repeat-founders build on past successes by growing from lessons learned.\"


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Kari Lake Urges Supporters to Arm Themselves Ahead of Election  
  

Kari Lake Urges Supporters to Arm Themselves Ahead of Election
And Senator Tom Cotton, Republican of Arkansas, on Monday urged people whose routes were blocked by pro-Palestinian demonstrators to “take matters into your own hands” and confront the offenders, endorsing the use of physical force against peaceful protesters.


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Buttigieg Teams Up With State Attorneys General to Investigate Airline Complaints  
  

Buttigieg Teams Up With State Attorneys General to Investigate Airline Complaints
In a statement, Airlines for America, a trade group representing the country’s largest air carriers, said it regularly worked with the Transportation Department and state attorneys general to improve the flying experience for travelers.


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Trump Holds Series of Meetings With Foreign Leaders  
  

Trump Holds Series of Meetings With Foreign Leaders
Richard Haass, a former diplomat and the president emeritus of the Council on Foreign Relations, said there was nothing inherently wrong with such interactions. “There’s nothing unusual — or to put it positively, there’s everything usual — about foreign leaders meeting with the American equivalent of the leader of the opposition,” Mr. Haass said.


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Americans Are More Vulnerable to Foreign Propaganda, Senator Warns  
  

Americans Are More Vulnerable to Foreign Propaganda, Senator Warns
“With polarization in this country, and the lack of faith in institutions, people will believe anything or not believe things that come from what used to be viewed as trusted sources of information,” Mr. Warner said. “So there’s a much greater willingness to accept conspiracy theories.”


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Apple 'beta' update addresses Jerusalem emoji controversy  
  

Apple 'beta' update addresses Jerusalem emoji controversy
There have been increased tensions in the Middle East since the 7 October Hamas attacks on Israel, in which about 1,200 people, mostly civilians, were killed and more than 250 others were taken hostage.


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No ‘Hippie Ape’: Bonobos Are Often Aggressive, Study Finds  
  

No ‘Hippie Ape’: Bonobos Are Often Aggressive, Study Finds
In a study based on thousands of hours of observations in the wild published on Friday, for example, researchers found that male bonobos commit acts of aggression nearly three times as often as male chimpanzees do.


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Fed Chair Powell says there has been a 'lack of further progress' this year on inflation  
  

Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
In their most recent update, FOMC officials in March indicated they see three cuts this year. However, several policymakers in recent days have stressed the data-dependent nature of policy and have not committed to set level of reductions.


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Biden administration releases draft text of student loan forgiveness plan. Here's what borrowers need to know  
  

Biden administration releases draft text of student loan forgiveness plan. Here's what borrowers need to know
The Biden administration also said that, if its new plan is enacted as proposed, borrowers will get up to $20,000 of unpaid interest on their federal student debt forgiven, regardless of their income.


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Sen. Tom Cotton encourages drivers to drag Gaza cease-fire protesters from blocked roads  
  

Sen. Tom Cotton encourages drivers to drag Gaza cease-fire protesters from blocked roads
The essay drew a flurry of online criticism, against both Cotton and The New York Times for deciding to publish it. Days later, then-New York Times Opinion Editor James Bennet resigned from his post.


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U.S. consumers sue to stop Alaska Air, Hawaiian Airlines merger  
  

U.S. consumers sue to stop Alaska Air, Hawaiian Airlines merger
In another case, American Airlines has asked a U.S. appeals court to reverse a Boston federal judge\'s decision that its now-scrapped U.S. Northeast partnership with JetBlue was anticompetitive. American Airlines said the ruling threatens other collaborations.


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Rishi Sunak and Belgian PM criticise mayor's halting of NatCon conference  
  

Rishi Sunak and Belgian PM criticise mayor's halting of NatCon conference
Among the other speakers in the line-up were Ryszard Legutko, a Polish politician who has said he does not "understand why anyone should want to be proud of being a homosexual" and Rod Dreher, an American writer who argued that the Christchurch mosque gunman who killed 51 people in 2019 did have "legitimate, realistic concerns" about "declining numbers of ethnic Europeans".


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California pilot and his dog survive plane crash after swimming to shore  
  

California pilot and his dog survive plane crash after swimming to shore
A spokesperson for the US Coast Guard confirmed to the Los Angeles Times that the occupant and his dog “were able to safely swim”. The newspaper reported that the pilot was traveling from Santa Monica to Long Beach at the time of the crash.


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Brace for the S&P 500 to crash 30% before an even bigger collapse after the election, markets guru David Brady warns  
  

Brace for the S&P 500 to crash 30% before an even bigger collapse after the election, markets guru David Brady warns
Still, it\'s worth underscoring that the US economy and stocks have largely defied naysayers. Stocks hit record highs earlier this year, while inflation has cooled significantly, unemployment remains near historic lows, and growth has been robust.


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The stock market could still face a 10% correction even as the Fed nails a perfect 'no landing' economic recovery, market vet says  
  

The stock market could still face a 10% correction even as the Fed nails a perfect 'no landing' economic recovery, market vet says
\"The US economy is still flying high. That\'s because consumers didn\'t get the recession memo. They keep spending because real disposable income is rising, more Americans are retiring and have the means to do so comfortably, and six million or more \'newcomers\' are consuming here rather than south of the border,\" Yardeni said, referring to the influx of immigrants that are helping power the US economy higher.


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Baby boomers are redefining work in their 60s, 70s, and beyond with ‘unretirement’ plans: ‘We’re not our grandparents’ vision of retirees’  
  

Baby boomers are redefining work in their 60s, 70s, and beyond with ‘unretirement’ plans: ‘We’re not our grandparents’ vision of retirees’
What is your retirement budget? Fortune is writing about what Americans at different income levels are spending in retirement. To share your story, email senior writer Alicia Adamczyk at [email protected].


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U.S.C. Cancels Valedictorian’s Speech After Pro-Israel Groups Object  
  

U.S.C. Cancels Valedictorian’s Speech After Pro-Israel Groups Object
“I am both shocked by this decision and profoundly disappointed that the university is succumbing to a campaign of hate meant to silence my voice,” Ms. Tabassum wrote, adding, “There remain serious doubts about whether U.S.C.’s decision to revoke my invitation to speak is made solely on the basis of safety.”


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Trump Leaves His Trial to Rail Against Crime and Jab at Prosecutor  
  

Trump Leaves His Trial to Rail Against Crime and Jab at Prosecutor
Before he arrived at the bodega, his campaign attacked Mr. Bragg over his handling of the 2022 incident, in which Jose Alba, a clerk, was charged with second-degree murder after stabbing a man, Austin Simon, in an altercation.


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Man Sentenced to 35 Years in Prison for Kidnapping F.B.I. Worker  
  

Man Sentenced to 35 Years in Prison for Kidnapping F.B.I. Worker
The three were trying to hide from the police near Red Shirt, S.D., after a high-speed chase during a trip from Colorado in which the three had planned to distribute drugs, prosecutors said. They had pulled over and planned to carjack the next vehicle that drove by, prosecutors said, apparently to continue to elude law enforcement officers.


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Johnson’s Plan for Ukraine Aid Meets Republican Pushback, Muddying Its Path  
  

Johnson’s Plan for Ukraine Aid Meets Republican Pushback, Muddying Its Path
The strategy has run into a flurry of opposition from members of his own party, including one Republican, Representative Thomas Massie of Kentucky, who on Tuesday announced that he would join a threatened bid to remove Mr. Johnson from the top post.


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Biden Bashes Trump as a Pawn of Billionaires as He Lays Out His Tax Plan  
  

Biden Bashes Trump as a Pawn of Billionaires as He Lays Out His Tax Plan
“We know the best way to build an economy is from the middle out and the bottom up, not the top down,” Mr. Biden said. “Because when you do that, the poor have a ladder up and the middle class does well and the wealthy still do very well. We all do well.”


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Trump’s Jan. 6 Case Could Go On Even if Court Limits Use of Obstruction Law  
  

Trump’s Jan. 6 Case Could Go On Even if Court Limits Use of Obstruction Law
One of those counts accuses him of conspiring with six others who are unnamed — widely thought to be a group of lawyers close to him — to disrupt the certification of the election that took place inside the Capitol during a joint session of Congress on Jan. 6. The second count accuses him of actually obstructing that proceeding.


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4 in ‘God’s Misfits’ Group Charged in Disappearance of 2 Kansas Women  
  

4 in ‘God’s Misfits’ Group Charged in Disappearance of 2 Kansas Women
Hunter McKee, a spokesman for the Oklahoma State Bureau of Investigation, said at a news conference on Monday that there was no chance that the women were still alive, though two bodies recovered during the investigation into their disappearance had not yet been identified by the state medical examiner.


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A Wealthy Democratic Representative Is Among Top Self-Funders in Senate Primary History  
  

A Wealthy Democratic Representative Is Among Top Self-Funders in Senate Primary History
The winner is likely to face Larry Hogan, a popular former governor of the state who is seeking the Republican nomination, in what is expected to be a competitive general election. While Maryland has not elected a Republican senator in more than 40 years, it elected Mr. Hogan as governor twice.


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House Delivers Impeachment Articles Against Mayorkas, Calling for a Trial  
  

House Delivers Impeachment Articles Against Mayorkas, Calling for a Trial
“We’ve seen exploding numbers of terrorists being encountered at the border,” he added. “We’ve seen gang members and people with criminal backgrounds be released into our country. We’ve seen fentanyl flood over the border.”


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California Man Gets 9 Years in Firebombing of Planned Parenthood Clinic  
  

California Man Gets 9 Years in Firebombing of Planned Parenthood Clinic
Mr. Brannon and a co-conspirator, Tibet Ergul, 22, of Irvine, Calif., wore hooded sweatshirts and masks as they lit and threw a Molotov cocktail at the clinic’s entrance at around 1 a.m. on March 13, 2022, according to a criminal complaint. It struck the entrance and started a fire, the statement said.


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Cotton Urges Citizens to Forcibly Confront Pro-Palestinian Protesters  
  

Cotton Urges Citizens to Forcibly Confront Pro-Palestinian Protesters
Dozens of demonstrators who caused the traffic jam at the Golden Gate Bridge were ultimately arrested on Monday. Law enforcement officials said that is how the process is supposed to work, and that people should not take matters into their own hands.


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Melania Trump Avoids the Courtroom, but Is Said to Share Her Husband’s Anger  
  

Melania Trump Avoids the Courtroom, but Is Said to Share Her Husband’s Anger
All of this could put Mr. Trump on shaky ground with his wife, who has defended him in some critical moments — including when he bragged on tape about grabbing women by their genitals — and withheld her public support in others, like when she did not appear alongside him as he locked up victories on Super Tuesday.


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U.S. Limits Deadly Mining Dust as Black Lung Resurges  
  

U.S. Limits Deadly Mining Dust as Black Lung Resurges
Both mine safety advocates and industry groups generally support the rule’s central change: halving the allowed concentration of silica dust. But their views on the rule, proposed last July, diverge sharply over enforcement, with mining trade groups arguing that the requirements are unnecessarily broad and costly, and miners’ advocates cautioning that companies are largely left to police themselves.


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