U.S. President Joseph R. Biden Jr. met with China’s President Xi Jinping in Lima, Peru, on Sunday. This meeting is the third between the two Presidents and follows their April 2, 2024, telephone call. The two leaders had a candid, constructive discussion on a range of bilateral, regional, and global issues, including areas of cooperation and areas of difference.
On the afternoon of August 29, President Xi Jinping met with Assistant to the U.S. President for National Security Affairs Jake Sullivan at the Great Hall of the People in Beijing.
During Overdose Awareness Week as the nation honors and remembers loved ones lost to the drug overdose epidemic, the Financial Crimes Enforcement Network (FinCEN) reminds financial institutions to monitor for and report suspicious transactional activity related to the illicit fentanyl supply chain and the trafficking of illicit fentanyl and other synthetic opioids.
“In this sacred space, I’m surrounded by portraits of extraordinary American presidents. Thomas Jefferson, who wrote the immortal words that guide this nation. George Washington, who showed us presidents are not kings. Abraham Lincoln, who implored us to reject malice. Franklin Roosevelt, who inspired us to reject fear” – U.S. President Josef Biden.
U.S. President Joe Biden has decided not to accept the nomination and “to focus all my energies on my duties as President for the remainder of my term”. He offered his full support to Vice President Kamala Harris – and the “endorsement for Kamala to be the nominee of our party this year”.
The U.S. economy has turned in a strong performance over the past few years. Hysteresis effects from the pandemic did not materialize and both activity and employment now exceed pre-pandemic expectations. Real incomes were diminished by the unexpected rise in inflation in 2022 but have now risen above pre-pandemic levels. Job growth has been particularly fast with 16 million new jobs created since end-2020.
“Earlier today following his first event in Las Vegas, U.S. President Biden tested positive for COVID-19. He is vaccinated and boosted and he is experiencing mild symptoms. He will be returning to Delaware where he will self-isolate and will continue to carry out all of his duties fully during that time” – Biden’s press secretary Karine Jean-Pierre
These reports describe the investment climates of more than 160 countries and economies, helping U.S. companies make informed decisions about doing business overseas.
U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three Mexican accountants and four Mexican companies linked to timeshare fraud led by the Cartel de Jalisco Nueva Generacion (CJNG). Fraudsters use holiday models such as timeshare to get their hands on the money of gullible holidaymakers. Their victims are not only cheated when they purchase timeshare rights for a holiday property, but also when they want to
As the next stage of the Hungarian Prime Minister’s peace mission, the meeting in Mar-a-Lago, Florida, focused on the possibilities of peace.
NATO Secretary General Stoltenberg welcomed President Zelenskyy to a meeting of the NATO-Ukraine Council at the Washington Summit. He underlined NATO’s “robust package of practical support for Ukraine, including a pledge of long-term security assistance”. He added that “NATO’s support is built to last”, and that “Ukraine’s future is in NATO”.
NATO is as united as it has ever been and it is larger, stronger, and better resourced than ever. President Biden will reaffirm the United States’ unwavering commitment to the transatlantic bond and Article 5 of the Washington Treaty – that an attack on one is an attack on all.
“NATO’s character is fundamentally democratic. Always has been and always must continue to be. And today, NATO is better resourced than it ever has been” – U.S. President Biden.
The United States will host a NATO Summit in Washington DC on 9-10-11 July 2024. The meetings will be chaired by the NATO Secretary General, and will take place at the Walter E. Washington Convention Center.
On July 2, the United States and Philippines’ Agreement for Cooperation in Peaceful Uses of Nuclear Energy (or “123 Agreement”) entered into force. The Agreement will enhance the cooperation on clean energy and energy security and strengthen our long-term bilateral diplomatic and economic relationships.
The meeting made clear the commitment of both parties to transatlantic cooperation in addressing the global threat posed by drug trafficking. Discussions highlighted ongoing efforts to reinforce the resilience of logistical hubs and to deepen bi-regional international law enforcement and judicial cooperation, including on cocaine and synthetic drugs, particularly fentanyl.
The U.S. OFAC sanctions target powerful cartel trafficking fentanyl into the United States. A new FinCEN Advisory provides crucial information to help financial institutions track illicit fentanyl financial flows.
During the meeting, discussions will focus on the fight against organised crime and drug trafficking, including on the importance of international law enforcement and judicial cooperation. The participants will also discuss the consequences of Russia’s war of aggression against Ukraine, the irregular migration and the fight against migrant smuggling.
The U.S.Department of State is designating Harakat Ansar Allah al-Awfiya (HAAA) and HAAA Secretary General Haydar Muzhir Ma’lak al-Sa’idi, as Specially Designated Global Terrorists (SDGTs) pursuant to Executive Order 13224, as amended.
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) is designating two individuals and five entities that have facilitated weapons procurement for Ansarallah, commonly referred to as the Houthis. OFAC is also designating one individual and one company, as well as identifying one vessel, that have facilitated the shipment of commodities, the sale of which provides an important funding stream to the Houthis that aids in their weapons procurement.
This week, the United States Government participated in the Ukraine Recovery Conference in Berlin, Germany. The conference convened over 1,500 representatives from governments, businesses, and civil society to mobilize support for the recovery, reconstruction, reform, and modernization of Ukraine.
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