Four Republican senators on Tuesday introduced a bill that would prevent the Department of Defense from dishonorably discharging service members who have opted to hold back from getting a COVID-19 vaccine. The Senate bill, introduced by Sens. Roger Marshall (R-Kan.), James Lankford (R-Okla.), Tommy Tuberville (R-Ala.), and Ted Cruz (R-Texas), is called the COVID-19 Vaccine Dishonorable Discharge…
Measure to Ban Dishonorable Discharges of Unvaccinated Military Members Introduced by GOP Senators
Taiwan August Export Orders Seen Rising for 18th Consecutive Month: Poll
TAIPEI—Taiwan’s export orders likely rose in August for the 18th consecutive month, a Reuters poll showed on Wednesday, buoyed by sustained demand for technology products during the COVID-19 pandemic and ahead of the year-end holiday shopping season. The median forecast from a poll of 18 economists expects export orders to jump 20.7 percent from the…
Top US Trade Official to Have Meeting With WTO Chief on Wednesday
September 22, 2021
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U.S. Trade Representative Katherine Tai will have an online meeting on Wednesday with Ngozi Okonjo-Iweala, the director-general of the World Trade Organization, Tai’s media office said, weeks before it holds an import ministerial conference. Tai spoke by telephone earlier this month with the head of the WTO and acknowledged the “difficult logistical challenges” facing the…
Risk-Sensitive Currencies Perked up by Evergrande, Dollar Anchored Before Fed
September 22, 2021
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LONDON—Risk-sensitive currencies such as the Australian dollar and Chinese yuan jumped and the safe-haven yen eased slightly on Wednesday after Chinese property giant Evergrande said it would make an upcoming yuan bond coupon payment, allaying immediate fears of a default. Some of the excitement fizzled, however, after traders realised it was still not known whether…
GM Chief Sees Chip Supplies Stabilizing but Below ‘Volume That We Really Need’
General Motors President Mark Reuss said Tuesday that he expects the global supply of semiconductors to stabilize but at lower levels than automakers need to rebuild their inventories. Reuss made the remarks at a conference hosted by the Detroit Regional Chamber in Michigan on Sept. 21, where he discussed GM’s plans for battery-powered car and…
Beets Are the Main Attraction in This Tasty Salad
I picked up a bunch of jewel-toned beets at the farmers market this weekend. I’d usually roast them for a hearty salad or slice them up for a sandwich, but I got this fancy new kitchen toy and decided to spiralize them raw and make a salad with the beets as the main attraction. Spiralizers…
White Striping Disease Found in More Than 90 Percent of US Store-Brand Chickens, Study Finds
September 22, 2021
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More than 90 percent of U.S. store-brand chickens have the muscle disease known as “white striping,” according to findings released on Monday by The Humane League. White striping disease is a muscle myopathy that occurs when chickens are bred for rapid growth. The stripes appear on the chickens when they are unable to keep up with…
Bundesbank Says Germany’s Banking System Strong Despite Pandemic
BERLIN—Germany’s banking system is still robust despite a year and half of the COVID-19 pandemic but the crisis is not over yet, Bundesbank board director Joachim Wuermeling said on Wednesday. Wuermeling said the Bundesbank will restore normal regulatory requirements for banks but will make sure not to overburden lenders, warning of possible significant credit defaults…
Germany’s Ifo Institute Slashes 2021 GDP Growth Forecast to 2.5 Percent
BERLIN—Germany’s Ifo economic institute has cut its growth forecast for Europe’s largest economy for this year as supply chain disruptions and a scarcity of chips and other intermediate goods are slowing down the recovery from the COVID-19 pandemic. The institute now sees Germany’s gross domestic product (GDP) growing 2.5 percent this year, down 0.8 percentage…
Oil Prices Rise on Expected US Stocks Draw
September 22, 2021
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LONDON—Oil prices climbed more than $1 on Wednesday, extending overnight gains after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. Prices were also supported as some OPEC members struggle to raise output and by a general sense of energy…
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