WASHINGTON, DC — Recent headlines seem to augur a global debt crisis. The United States is teetering on the precipice of a self-inflicted default. Egypt, Ghana, Pakistan, and many other countries are in grave financial difficulties.

WASHINGTON, DC — When Sri Lanka’s economic crisis burst into international headlines a year ago, it had already been worsening for many months. Critical fuel shortages prevented people from going to work, and consumer goods could not be distributed.

WASHINGTON, DC — Last year’s US CHIPS and Science Act created large subsidies for investments in domestic semiconductor fabrication facilities (fabs), on the grounds that microchips are essential both to the US economy and to national security.

WASHINGTON, DC — The great statesmanship and leadership that the United States showed during and after World War II is well known.

WASHINGTON, DC  —  The world is embroiled in a megacrisis comprising the COVID-19 pandemic, Russia’s war in Ukraine, high inflation, recession fears and rising debt distress across emerging markets and developing countries.

WASHINGTON, DC  —  The US Congress recently approved the CHIPS and Science Act, which allocates over $50 billion to strengthen the semiconductor industry in the hope of making the United States self-sufficient.

WASHINGTON, DC  —  Puerto Rico is part of the United States, but it is not a state. It is a territory (and a commonwealth) with its own constitution, approved by the US Congress.

WASHINGTON, DC  —  The contradiction between US President Joe Biden’s major domestic and foreign-policy objectives and his administration’s trade policies has grown increasingly sharp.

WASHINGTON, DC  —  Semiconductors, one of the most important innovations of the last century, are now crucial inputs in mobile phones, personal computers, educational technologies, vehicles, heavy machinery, medical instruments, military equipment and much more.From the