Black workers in Detroit have been “devastated” by globalization. A few Michigan steelworkers give the International Trade Commission an earful on offshoring in the latest series on how trade impacts local communities.
A House committee hearing on the FDA focused on diversity in clinical trials, fast approval for cancer drugs, and no word on foreign vs domestic generic pharmaceutical labs.
Sen. Tina Smith’s bill to provide $500 million in grants for domestic pharmaceutical manufacturers passes with flying colors and will be part of PREVENT Pandemics Act.
CPA FACT SHEET: Forced Labor in China An analysis of the Uyghur Forced Labor Prevention Act The problem. Since 2017, more than a million Uyghurs and other ethnic minorities in China have been forced into a vast network of “re-education camps” in the far west region of Xinjiang. The U.S. State Department has assessed this as “genocide.”…
Summary Sanctions on Russia are devastating to the Russian economy Power of the sanctions is due to concerted international action, not to the US role as world’s “reserve currency” U.S. economic power owes more to the size of U.S. economy than to dollar’s reserve status Dollar overvaluation continues to be a huge problem for U.S.…
Hot wars, trade wars, and global pandemics all reveal how the U.S. economy has grown too dependent on foreign sources for key items needed for economic and national security.