Bloomberg Business

US Sees Russia Reducing Goals in Ukraine, Deepening China Ties

Russia is likely to downgrade its ambitions in Ukraine for the time being to hanging onto territory seized after the start of  its invasion, even as it enjoys deepening economic and defense support from China, US intelligence chiefs told a Senate committee.

US Launches $6 Billion Program to Slash Manufacturing Emissions

The US is offering $6 billion in funding to decarbonize industrial manufacturing that accounts for 24% of the country’s greenhouse gas emissions, a critical step in the Biden Administration’s effort to reach a carbon-free economy by 2050.

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