US Senate targets China's drug supply grip

IANS | July 16, 2026 12:04 PM

Washington, July 16 (IANS) A bipartisan group of US senators has unveiled legislation to increase scrutiny of foreign ownership in America's pharmaceutical industry, warning that growing dependence on China for critical medicines and drug ingredients poses risks to US national security and public health.

Inflation is choice, high price growth would not continue under my leadership, says US Fed chief

IANS | July 16, 2026 11:42 AM

Washington, July 16 (IANS) Federal Reserve Chairman Kevin Warsh has said that "inflation is a choice" and pledged that persistently high price growth would not continue under his leadership, signalling that restoring price stability remains the US central bank's overriding priority despite uncertainty over artificial intelligence, geopolitical tensions and other economic risks.

Trump Intelligence nominee puts China's economic challenge, AI in focus

IANS | July 16, 2026 11:31 AM

Washington, July 16 (IANS) President Donald Trump's nominee to lead the US intelligence community said that economic security is inseparable from national security, arguing that America's intelligence agencies must sharpen their focus on China's economic challenge, artificial intelligence and emerging technologies.

PoK unrest: JAAC pauses long march till July 21, gives Pakistan final warning

IANS | July 16, 2026 11:12 AM

Islamabad, July 16 (IANS) The Joint Awami Action Committee (JAAC) has planned to suspend its long march until July 21, giving the Pakistani government what it described as "one final opportunity" to address its demands, as the unrest in Pakistan-occupied Kashmir (PoK) has claimed over 30 lives so far.

Trump administration vows to open Pentagon to defence startups

IANS | July 16, 2026 10:48 AM

Washington, July 16 (IANS) The Trump administration has pledged to overhaul the Pentagon's procurement system to make it easier for defence technology startups and commercial innovators to compete for military contracts, arguing that the United States must move faster to keep pace with rapidly evolving security threats.

Trump bets on AI to transform US military

IANS | July 16, 2026 10:20 AM

Washington, July 16 (IANS) US President Donald Trump has said the United States is reshaping its military around artificial intelligence, robotics and other emerging technologies, as his administration seeks to accelerate innovation and prepare the armed forces for the next generation of warfare.