U.S., New Zealand Fund $60M Cook Islands Port Upgrade 
Iran War Civilian Toll Rises After U.S. Strikes Hit Wedding 
Australia Trade Surplus Beats Forecasts in July as Exports Fall 
Ukraine Sanctions Chief Heads to Washington to Push Russia Bill 
India Manufacturing Growth Slows to Five-Year Low in August 
US Strikes Iran IRGC Targets as Conflict Escalates 
Asian Stocks Rise as Bond Yields Ease, Oil Prices Stabilize 
Greenland Says US Talks Remain Ongoing 
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks 
Pacific Islands Forum Seeks Unified Condemnation of China Missile Test 
Ed Markey Wins Massachusetts Democratic Senate Primary 
Iran Strikes U.S. Bases in Kuwait as Hormuz Tensions Rise 
US Strikes Iran as Tehran Retaliates, Oil Prices Surge 
Putin Says Russia Is Winning Ukraine War 
US Approves $800 Million Helicopter Sale to Iraq 
Trump Administration Threatens Smithsonian Support Over Leadership Dispute 
Add as a preferred source on Google
US President Joe Biden will sign an executive order addressing a global semiconductor chip shortage that has forced US automakers and other manufacturers to cut production.
Biden will also discuss the chip shortage issue when he meets a bipartisan group of US lawmakers.
Administration officials said Biden’s executive order will launch a 100-day supply chain review of semiconductor chips, large-capacity batteries for electric vehicles, pharmaceuticals, and rare earth minerals.
The chip shortage has forced automakers to take employees off production lines.
US chip companies, which supported legislation to provide tens of billions of dollars for chip manufacturing and research, recently urged Biden to provide substantial funding for incentives for semiconductor manufacturing.
According to Ford Motor Co, the lack of chips could reduce its production by up to 20 percent in the first quarter. Meanwhile, General Motors was forced to cut output in the US, Canada, and Mexico and would reassess its production plans in mid-March.
While US semiconductor firms account for 47 percent of global chip sales, they only produce 12 percent because of outsourcing manufacturing overseas.
