Trump eyes big trade pact with Britain, says EU deal ongoing

Reuters | March 14, 2019

Trump eyes big trade pact with Britain, says EU deal ongoing
U.S. President Donald Trump said on Thursday he anticipated a “large scale” trade agreement with the United Kingdom, as Britain faces a delay to its exit from the European Union after parliament rejected the government’s Brexit deal. Britain’s exit from the European Union, which conducts trade deals on its behalf, will see it head to the negotiating table to broker its own commerce pacts with other countries, including the United States, for the first time in decades.

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Property taxes are crucial to local government. In 2014, property taxes accounted for nearly 30 percent of the general revenues that local governments collected in the U.S. To provide essential services, counties and municipalities must be able to collect the property tax dollars to which the law entitles them. Download this paper to read valuable insights into how local governments can manage taxes more accurately, fairly and efficiently with help from a state-of-the-art IT system.

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Regeneron Pharmaceuticals Signs $450 Million Deal With U.S. Government for COVID-19 Treatment

Reuters | July 07, 2020

The U.S. government signed a $450 million contract with Regeneron Pharmaceuticals Inc (REGN.O) for its potential COVID-19 antibody cocktail, the drugmaker said on Tuesday. The agreement, the first by the Trump administration to support a therapy, comes under the government’s “Operation Warp Speed” program that is aimed at faster distribution of vaccines and treatments to fight the new coronavirus when trials are successful. The United States is also funding manufacturing and several trials for potential vaccines and has rushed to secure billions of doses of the vaccines being tested by companies around the world.

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GOVERNMENT BUSINESS

Castellum Announces Signing of LOI to Acquire $4 Million Government Contractor

Castellum, Inc. | December 27, 2021

Castellum, Inc. announces the signing of a letter-of-intent (LOI) to acquire an East-coast based government contractor generating over $4 million in annualized revenue. Subject to due diligence and the execution of a definitive purchase agreement, the Company hopes to close the acquisition in the first quarter of 2022. “We are happy to announce our next LOI, which adds more than 25 employees and further strengthens our past performance by adding more capabilities in Information Warfare/Information Operations (IW/IO) serving the special operations community,” said Mark Fuller, President and CEO of Castellum. “Combined with some organic growth that we have seen recently; this accretive acquisition will push Castellum above the $40 million run-rate threshold. We also continue to look at other potential acquisitions.” About Castellum, Inc. Castellum, Inc. is a defense-oriented technology company which is executing strategic acquisitions in the cyber security, information technology and software, information warfare, and electronic warfare and engineering services space

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White House Talks with TSMC, Intel to Develop Chip Foundries in the U.S.

Intel | May 11, 2020

The Trump administration’s discussions with chipmakers were reported earlier by the Wall Street Journal, with the report adding that TSMC also has been talking with Apple Inc. Intel is well positioned to work with the U.S. government to operate a U.S.-owned commercial foundry. Taiwan Semiconductor Manufacturing Co (TSMC), on the other hand, has been in talks with the U.S. Department of Commerce about building. The Trump administration is in talks with semiconductor companies about building chip factories in the United States, representatives from two chipmakers said on Sunday. Intel Corp (INTC.O) is in discussions with the United States Department of Defense over improving domestic sources for microelectronics and related technology, Intel spokesman William Moss. “Intel is well positioned to work with the U.S. government to operate a U.S.-owned commercial foundry and supply a broad range of secure microelectronics”, the statement added. Read More: US government agencies have shadow IT infrastructure problem, cybersecurity risks, says GAO Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), on the other hand, has been in talks with the U.S. Department of Commerce about building a U.S. factory but said it has not made a final decision yet. We are actively evaluating all the suitable locations, including in the U.S., but there is no concrete plan yet, TSMC spokeswoman Nina Kao. Intel Chief Executive Bob Swan wrote a letter to the Department of Defense in late March in which he expressed the company’s willingness to build a foundry - a term used in the industry to reference a chip factory - in partnership with the Pentagon. “This is more important than ever, given the uncertainty created by the current geopolitical environment”, Swan wrote in the letter dated March 30 and seen by Reuters on Sunday. It comes amid increasing diplomatic tensions between the U.S. and China during the coronavirus outbreak, with both sides trading barbs over who is to blame for the spread of the disease after already being involved in trade tensions for almost two years. “We currently think it is in the best interest of the United States and of Intel to explore how Intel could operate a commercial U.S. foundry to supply a broad range of microelectronics,” the letter from the Intel CEO added. The Trump administration’s discussions with chipmakers were reported earlier by the Wall Street Journal, with the report adding that TSMC also has been talking with Apple Inc (AAPL.O), one of its largest customers, about building a chip factory in the United States. TSMC declined to comment on the talks with the iPhone maker. The Journal had also reported that U.S. officials are looking at helping South Korea’s Samsung Electronics Co (005930.KS), which has a chip factory in Austin, Texas, to expand its contract-manufacturing operations in the United States. A Samsung spokeswoman in Seoul declined to comment on Monday. The U.S. Commerce Department and Apple did not respond to requests for comment on Sunday. Read More: Federal Aviation Administration Announces Chosen Vendors to Set Technology Standards for New Drone-Tracking System About Intel Corporation We are a technology leader focused on unleashing the potential of data so that we can fulfill our purpose: Create world-changing technology that enriches the lives of every person on earth. This is our ultimate motivation and why we exist. www.intel.com

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