Page 8 - Power Everything News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Earlier today joe biden signed a major manufacturing bill into law, and the ceremony on the white house south lawn praising house speaker nancy pelosi and senate leader chuck schumer for getting it passed. the 280 billion dollar that includes tens of billions of dollars to bolster the semiconductor industry here in the states, an investment that will go a long way in helping u.s. manufacturers build chips that will help power everything from smartphones to cars. few hours later, president biden was signing documents that will bring feet finland and sweden closer to nato. this is a vote that he...

Will provide $52 billion in subsidies and tax credits for chip manufacturing in the u.s. and 200 billion for scientific research. global foundries is one of the largest chip-maker in the country. how big is this facility? >> give or take about seven football fields. >> reporter: at this high-tech facility everything looks yellow, special lighting to protect the del watt production of microchips. christopher belfi is the equipment engineering manager. how complex is it to make these microchips? they're in everything we use, phones, tvs, cars. >> it is extremely complex. and as the demand on cap...

Side, _ many officials from the us side, from the taiwan side, whose _ side, from the taiwan side, whose effort made this event possible. thank you also very much — possible. thank you also very much to— possible. thank you also very much to the media friends with us today— much to the media friends with us today and also hundreds right— us today and also hundreds right now watching the live transmission.— right now watching the live transmission. studio: so is president — transmission. studio: so is president tsai _ transmission. studio: so is president tsai ing-wen i transmission...

This continues that could really take a chunk out of those trade figures. reason we are starting to see these military exercises take place china has already sent some military jets china has already sent some militaryjets over after nancy military jets over after nancy close militaryjets over after nancy close he landed and threatening to do more military exercises, is that the taiwan straits one of the busiest bodies of water when it comes to container ships. if we start to see traffic slowed down there, it's not good for the global economy. not good for the global economy-— not good for t...

Broke at less than 3% of its energy from solar and wind. yet, this is the really depressing part, they are still ready to help everyone else go down the green road. they want to tell everyone else you have got to go green. they are kind of sync not for us, but we want everyone else to go green. it's very easy to say but really does not show that you care about the rest of the world. paul: what mistakes did the european governments, i throw u.s. in here because the by administration has certainly wanted to go down the same path. what mistakes did they make that they are now having to scramble t...