Joe Biden says he plans to talk to China’s Xi Jinping
June 22, 2022, 8:32 am

Joe Biden says he plans to talk to China’s Xi Jinping

A painting of Abraham Lincoln is seen as US President Joe Biden speaks on Covid-19 response in the State Dining Room of the White House in Washington, DC on January 26, 2021. (AFP)

The Aalarabiya English reported, citing the AFP, President Joe Biden said Tuesday (June 21) he plans to talk with his Chinese counterpart Xi Jinping as he considers lifting some tariffs imposed on Beijing in a bid to ease US inflation.

Biden told reporters: “I plan on having a conversation with President Xi. We haven’t set a time yet." Over the weekend, Biden said a call could be “soon.”

The last talks between the two leaders was on March 18, when Biden warned Xi against assisting Russia in its invasion of Ukraine.

The tariffs imposed under former President Donald Trump imposed 25 percent duties on billions of dollars worth of Chinese imports.

Joe Biden said Tuesday (June 21) he plans to talk with his Chinese counterpart Xi Jinping

The penalties were aimed at punishing what the United States says are China’s unfair trade practices and protecting US manufacturers.

The move was popular politically but with inflation at 40 year highs in the United States, Biden is scrambling to find ways to relieve price pressure and he has said that lifting some tariffs is under consideration.

Janet Yellen: Joe Biden to nominate first Native American as U.S. Treasurer

Treasury Secretary Janet Yellen is among officials saying that a tariff relaxation could help defuse inflation.

The Biden-Xi call would likely have to happen soon in part because the Trump tariffs are set to expire in July unless renewed.

Source: alarabiyaenglish

Afghanistan earthquake: at least 250 dead after 6.1 magnitude quake Floods in Bangladesh kill 36 and spread waterborne diseases

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.