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Biden administration moving to escalate energy trade dispute with Mexico 

Reuters exclusively reported that President Joe Biden’s administration has asked U.S. energy companies to prepare affidavits documenting how Mexico’s protectionist policies disrupted their investments as Washington prepares to escalate a trade dispute with its neighbor. U.S. energy and power companies, such as ChevronCVX.N and Marathon Petroleum MPC.N, which sought to expand in Mexico, have complained…

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Reuters reveals Biden administration drafting executive order to simplify space rules

Reuters exclusively reported that U.S. President Joe Biden’s administration is drafting an executive order intended to streamline approval for private rocket launches amid a broader effort to bring legal and regulatory clarity for American companies on everything from space travel to private space stations. The order would be part of a push to modernize U.S….

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Chinese defence minister under investigation for corrupt procurement 

Reuters exclusively reported that China’s Defence Minister Li Shangfu, who has been missing from public view for more than two weeks, has been placed under investigation by Chinese authorities. The investigation into Li relates to procurement of military equipment.   The post Chinese defence minister under investigation for corrupt procurement  appeared first on Reuters News Agency.

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