Weekend Reads because of chip linkage: US Senate approves Legal design for semiconductor manufacturing

13:45  09 june  2021
13:45  09 june  2021 Source:   t3n.de

Former CFL commissioner Smith on Senate committee that will do report on Bill C-218

  Former CFL commissioner Smith on Senate committee that will do report on Bill C-218 Former CFL commissioner Larry Smith will be among those giving Bill C-218 a much closer look when it goes before the Senate's standing committee on banking, trade and commerce this week. Bill C-218 is the private member’s bill introduced last year by Saskatchewan Conservative MP Kevin Waugh to amend the Criminal Code and legalize single-game sports betting in Canada. It was referred to the banking committee, of which Smith is a member, in the Senate last week. It's scheduled to go before the committee Wednesday night. Senators are expected to hold hearings and take in presentations by both those for and against legal wagering.

The United States of America want to mix more strongly on the international market for semiconductors. A new bill should now support this project.

Die globale Halbleiterknappheit hat Auswirkungen auf die Weltwirtschaft. © Aodaodaodaod / Shutterstock.com The global semiconductor scarcity has an impact on the global economy.

With partial consent, the US Senate has adopted a bill which, among other things, to promote the production of semiconductors. The draft provides for 250 billion US dollars for technological research and development, and aims to oppose China's influence. The world has been in the strongest competition since the end of World War II, the Democratic majority leader in the Senate, Chuck Schumer, explained after the vote on Tuesday. "If we do nothing, our days could be counted as prevailing superpower."

Anand says Senate's plans for Centre Block renovations are too costly

  Anand says Senate's plans for Centre Block renovations are too costly Public Services Minister Anita Anand is pushing back on the Senate's plans for the renovation of Centre Block. In a letter obtained by CBC News, Anand — who is responsible for the renovation project — told the Senate leadership that their plans would increase the project's total cost by at least $100 million. "To be clear," Anand wrote, "PSPC is not planning on including the aforementioned items as part of the initial cost estimate at this time.

USA want to highly screw semiconductor production

US President Joe Biden welcomed the vote of the Senate. However, the template still lacks the approval of the House of Representatives, where there could be resistance after assessment of US media. The law will enable the US to "discover the most important technologies of tomorrow, manufacture and improve - from artificial intelligence on computer chips to lithium batteries used in intelligent devices and electric vehicles - right here in the United States, "bidents explained.

According to the White House, the proportion of production capacities for semiconductor in the US has fallen from 37 percent 20 years ago to currently about twelve percent of worldwide production. US companies depend on foreign countries, especially on countries in Asia, which is a risk in the supply chain.

Currently, many carmakers and electronics manufacturers struggle for not enough chips to be available on the market. For semiconductor scarcity, among other things, the rapid increased demand for notebooks and other computer technology in the pandemic led. dpa

President Biden To Sign Bill Tomorrow Making Juneteenth A Federal Holiday .
UPDATED with latest: The White House has announced tonight that President Joe Biden will on Thursday sign the bill passed today in Congress that will make Juneteenth a federal holiday. When the White House Press Office sent its daily guidance for Thursday to media late today, it included the following: “3:30 p.m.: THE PRESIDENT signs the Juneteenth National Independence Day Act into law; THE PRESIDENT and THE VICE PRESIDENT deliver remarks.

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This is interesting!