Tag Archives: USA

Milwaukee Journal Sentinel: Hans Christian Heg was an abolitionist who died trying to end slavery. What to know about the man whose statue was toppled in Madison.

MADISON – During chaos at the Wisconsin State Capitol Tuesday night, protesters tore down two statues that have stood in front of the statehouse for decades — including one memorializing a Wisconsin abolitionist who died trying to end slavery during the Civil War.  

In other cities, statues of Confederate soldiers and symbols have been destroyed by those protesting racial injustice. But in Madison, the statue of famed abolitionist Col. Hans Christian Heg was torn down and thrown into Madison’s Lake Monona late Tuesday night. It had stood in front of the Capitol since 1925.

Read entire article HERE.

NPR: Trump Expected To Suspend H-1B, Other Visas Until End Of Year

President Trump is expected to sign an order to suspend H-1B, L-1 and other temporary work visas through the end of the year, according to the multiple sources familiar with the plan.

The new order — which is expected to come with broad exceptions — comes as the administration continues to wrestle with high unemployment among American workers because of the coronavirus pandemic and tries to kick-start the economic recovery.

The order would target H-1B visas, which are designed for certain skilled workers such as those employed in the tech industry, as well as L-1 visas, which are meant for executives who work for large corporations.

Read entire article HERE.

New York Times: U.S. Is Nowhere Close to Reopening the Economy, Experts Say

WASHINGTON — How long can we keep this up?

It is still very early in the U.S. effort to snuff a lethal pandemic by shutting down much of the economy. But there is a growing question — from workers, the White House, corporate boardrooms and small businesses on the brink — that hangs over what is essentially a war effort against a virus that has already killed more than 9,000 Americans.

There is no good answer yet, in part because we don’t even have the data needed to formulate one.

Essentially, economists say, there won’t be a fully functioning economy again until people are confident that they can go about their business without a high risk of catching the virus.

Read entire article HERE.

Littler: 2021 US (H-1B) Business Visa Registration Process: March 1-21

In late 2019, the U.S. Citizenship and Immigration Services (USCIS) announced that it would implement the registration process for the fiscal year 2021 H-1B cap. The H-1B visa is used by businesses that want to employ foreign nationals to work in a specialty occupation requiring theoretical or technical expertise. The initial registration period for the 2021 cap will open at 12 p.m. ET on March 1, 2020 and run through 12 p.m. ET on March 20, 2020. USCIS will use the myUSCIS online portal to conduct the electronic H-1B registration process. Prospective petitioners may begin to designate themselves as H-1B registrants on the myUSCIS accounts beginning February 24, 2020. The following information will be required for the registration process (Information and entire article can be found HERE)

Regjeringen: Diskuterte handelskonflikt og biltoll med Ross

Næringsminister Torbjørn Røe Isaksen møtte den amerikanske handelsministeren, Wilbur Ross, torsdag 14. november. De diskuterte den pågående handelskrigen, og biltollen som amerikanske myndigheter har varslet at de vurderer å innføre.

– Mitt budskap i møtet med Ross var at norske bedrifter er med å skape jobber og verdier på begge sider av Atlanteren gjennom aktivitet, etableringer og investeringer i USA. For at dette samarbeidet skal vokse, er vi avhengig av god markedsadgang og rettferdige konkurransevilkår for norske bedrifter. Mitt inntrykk er at USA setter pris på Norge som handelspartner og alliert, sier Røe Isaksen.

Blant temaene som kom opp i møtet var en mulig toll på biler og bildeler på 20-25 prosent, som amerikanske myndigheter tidligere har sagt at de vurderer.

Les hele saken HER.

Regjeringen: Første høring i Norges WTO-sak mot USA om stål og aluminium

Et tvisteløsningspanel i WTO starter i dag første høringsmøte i stål- og aluminiumssaken mot USA.

Norge innledet i juni 2018 tvistesak mot USA om tilleggstoll på visse stål- og aluminiumsprodukter i Verdens handelsorganisasjon (WTO). Vi mener tilleggstollen er i strid med WTO-regelverket.

WTOs tvisteløsningsorgan opprettet i november 2018 et panel som skal vurdere saken, og i dag starter panelets første høringsmøte med partene. Det er satt av to dager til høringen. I tillegg til Norge, har seks andre medklagere i disse dager høring i sin tvistesak mot USA om de samme tiltakene. Norges høring er den tredje i rekken av disse syv tvistesakene.

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WEF: USA 2nd, Norway 17th in the Global Competitiveness Index 4.0 2019 Rankings

This year’s Global Competitiveness Report is the latest edition of the series launched in 1979 that provides an annual assessment of the drivers of productivity and long-term economic growth. With a score of 84.8 (+1.3), Singapore is the world’s most competitive economy in 2019, overtaking the United States, which falls to second place. Hong Kong SAR (3rd), Netherlands (4th) and Switzerland (5th) round up the top five.

Building on four decades of experience in benchmarking competitiveness, the index maps the competitiveness landscape of 141 economies through 103 indicators organized into 12 themes. Each indicator, using a scale from 0 to 100, shows how close an economy is to the ideal state or “frontier” of competitiveness. The pillars, which cover broad socio-economic elements are: institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labour market, the financial system, market size, business dynamism and innovation capability.

Find out more and download the entire report HERE.

US News: Norway Named World’s Top Performing Country in Clean Energy Innovation

The top performing country in the world in the field of contributions to global clean energy innovation is Norway, followed closely by Finland and Japan, according to a recent report published by the Information Technology and Innovation Foundation, a nonprofit public policy think tank based in Washington, D.C.

The United States ranked No. 4 in the ITIF report. Other countries in the top 10: FranceCanadaGermanySouth Korea, the United Kingdom and Denmark.

Read entire article HERE.

Bloomberg: Norway’s Fund Wants to Add Up to $100 Billion in U.S. Stocks

Norway’s wealth fund proposed overhauling its global holdings, calling for a shift away from Europe in a move that would allow it to boost its U.S. stock investments by as much $100 billion and take a larger chunk of the biggest technology companies.

In a letter sent to the Finance Ministry released on Tuesday, the $1 trillion fund recommended that its investments “be adjusted further towards float-adjusted market weights by increasing the weight of equities in North America and reducing the weight of equities in European developed markets.”

The response comes after the ministry last year asked the fund to review the geographical weighting that had been in place since 2012. The ministry on Tuesday said it would present its response in the “spring of 2020” and that any changes would be implemented gradually.

Read entire article HERE.

E24: DNB Markets tror USA øker Kina-toll til 25 prosent

Amerikanske myndigheter kunngjorde tirsdag at en del importvarer verdt rundt 160 milliarder dollar fra Kina blir unntatt ytterligere toll frem til 15. desember.

DNB Markets venter imidlertid fortsatt en videre eskalering av tollen.

Valutastrateg Magne Østnor påpeker i en oppdatering at utsettelsen er et tydelig tegn på at Donald Trump er under press, selv om han har hevdet at økte tollsatser kun rammer kineserne.

Les hele saken HER.