President-elect Trump nominates Liberty Energy CEO Chris Wright as Energy secretary and considers axing Biden’s $7,500 tax credit for electric vehicles, prompting debate among energy advocates. While some believe eliminating the credit could benefit the auto industry, others like Energy Secretary Jennifer Granholm argue it would harm competitiveness. Tesla CEO Elon Musk supports ending the credit, potentially favoring financially strong companies like Tesla while posing challenges for smaller ones relying on the credit.
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Southeast Asian defense chiefs discuss regional security with US, China and other partner nations
Defense chiefs from Southeast Asian countries are currently meeting with China, the United States, and other partner nations in Laos for security talks amidst rising tensions in the South China Sea. The discussions are crucial as Beijing's aggressive claims in the region have led to increased confrontations, prompting the need for strategic cooperation among the involved parties to maintain stability and security in the area. The meeting aims to address these challenges and foster dialogue...
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