Trump projects unity, economic gains at White House Congressional Ball

IANS | December 12, 2025 8:31 AM

Washington, Dec 12 (IANS) US President Donald Trump struck a conciliatory tone at the annual White House Congressional Ball on Thursday night, welcoming Democrats alongside Republicans as he touted economic gains, trade policies, and bipartisan legislative action during a black-tie gathering in the Cross Hall.

Trump signs executive order targeting foreign-owned proxy advisors

IANS | December 12, 2025 8:20 AM

Washington, Dec 12 (IANS) Asserting that two foreign-owned firms exert outsized influence over corporate governance in the United States, President Donald Trump signed an executive order directing sweeping regulatory and enforcement reviews of the proxy advisory industry.

Trump signs AI order to curb state rules, warns China race at stake

IANS | December 12, 2025 7:27 AM

Washington, Dec 12 (IANS) US President Donald Trump signed an executive order aimed at centralising the regulation of artificial intelligence in the United States, arguing that fragmented state-level rules could slow innovation and jeopardise America’s lead over China in a high-stakes global technology race.

China’s ‘spy cars’ alarm US lawmakers over automotive, national security threats

IANS | December 12, 2025 7:13 AM

Washington, Dec 12 (IANS) Chinese-made vehicles could become “computers on wheels” capable of spying on Americans, crippling transport networks, and hollowing out the US auto industry, lawmakers and experts warned during a high-stakes Congressional hearing that cast China’s booming auto sector as both an economic and national security threat.

IMF flags risks, slippages in Pakistan reforms despite $1.2 billion tranche

IANS | December 12, 2025 6:51 AM

Washington, Dec 12 (IANS) The International Monetary Fund (IMF) has raised pointed concerns about Pakistan’s economic management and reform record even as it approved fresh disbursements of about $1.2 billion under its bailout programmes, warning of risks from policy slippages, weak institutions and persistent structural vulnerabilities.