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China's fiscal revenue falls in first 9 months

China's fiscal revenue dropped 6.6 percent year on year during the first nine months of 2022, official data showed on Tuesday.The country's fiscal revenue amounted to a

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Biden signs $770 billion defense bill

U.S. President Joe Biden signed into law the National Defense Authorization Act (NDAA) for fiscal year 2022, which authorizes $770 billion in defense spending, the Whit

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EU launches health crisis body to prepare for future pandemic

The European Commission launched on Thursday a health crisis body that will coordinate EU spending of almost 30 billion euros ($35.3 billion) to prepare for a future pa

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U.S. Senate votes to advance bipartisan infrastructure bill

U.S. Senate on Wednesday voted to proceed a bipartisan infrastructure deal that was struck earlier in the day, clearing the first hurdle toward adopting a long-waited and hotly debated spending packa

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Rebuilding America: Electric Vehicles

03:34 The Biden administration has proposed spending $174 billion to boost the EV market.Are those investment numbers enough to shift U.S. drivers to go electric?What speed bumps lie ah

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China and U.S. compete in technology and innovation

02:47 Competition between the U.S and China is heating up and the U.S. plans to boost spending for research and development in technology and innovation. Check out The China Report, our

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The first 100 days: Early responses to Biden's speech to Congress

02:55 In a speech before a joint session of Congress, U.S. President Joe Biden laid out a “to do” list that included massive government spending on things like infrastructure and educat

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