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And development manufacturing and supply chain. look, including empowering the national science foundation, to bring together local communities, universities, community college, private companies, and more and more partnerships like this. and by the way, speaking of community colleges, you all know this. the washington press corps does. my wife said it's the best kept security in america. this is the community college graduate who skipped his senior year in high school, went to a local community college and went on. my wife's got to meet you, man. look, this includes a $52 billion incentive fo...

Investments. tlab gone from low single digits and now in double digits. america's gone from 33% to 9%. this bipartisan, $52 billion investment in semiconductors and 5g and o would send a strong signal that america's back and create jobs in the country to help deal with inflation and send the signal working to chinese competition and technology. that's where the game is going to play without the chinese communist party in the next two years. >> thanks so much. thanks for taking questions on all subjects. and coming up, a shots for tots. good news on how close we are to children under five getti...

Collapse in data. in 2020 gdp fell by a staggering 21%, while other countries have bounced back from the initial shock of the pandemic, lebanon's gdp has further declined last year by an estimated 10.5%. what does that look like in dollars? gdp was $52 billion in 2019. in 2021 it fell to less than $22 billion, that is a 58% contraction. the largest among 193 countries examined by the world bank. the scale of the crisis for ordinary lebanese people are evident everywhere you look. the value of the currency has fallen by more than 90% since 2019. average inflation was at 145% last year. the pric...

In 2020, gdp fell by a staggering 21%, while other countries have bounced back from the initial shock of the pandemic, lebanon's gdp has further declined last year by an estimated 10.5%. what does that look like in dollars? gdp was $52 billion in 2019. in 2021, it fell to less than $22 billion. that is a 58% contraction. the largest among 193 countries examined by the world bank. the scale of the crisis for ordinary lebanese people is evident everywhere you look. the value of the currency has fallen by more than 90% since 2019. average inflation was at 145% last year. the prices of food, trans...

Particular car manufacturers. today the eu is expected to reveal the details of the eu chips act. the battle for chips is on with the us last year announcing its $52 billion chips for america act to better compete with chinese technology. joining me now is cyrus mewawalla, head of thematic research, globaldata. good morning to you, cyrus. the eu has big ambitions. is looking to try to have 20% of global market share in semiconductors by 2030. do you think it will pull that off and has it got the money behind it to do so? it has it got the money behind it to do so? , has it got the money behind...