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North Korea Is China's Weapon


North Korea Is China s Weapon | Opinion
On 5/10/21 at 7:00 AM EDT
On April 30, the Biden administration revealed how it will handle North Korea. Americans should not be optimistic.
Our policy will not focus on achieving a grand bargain, nor will it rely on strategic patience, White House Press Secretary Jen Psakisaid to reporters on Air Force One, indicating that President Biden had rejected both Obama-style neglect and Trump-style engagement.
In words that could mean anything or nothing at all, Psaki referred to consultation with allies and partners at every step along the way, practical progress and a calibrated practical approach that is open to and will explore diplomacy. ....

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Ultrawealthy Americans Are Scrambling To Get Ahead Of Biden's Planned Tax Hikes


Ultrawealthy Americans Are Scrambling To Get Ahead Of Biden’s Planned Tax Hikes
Wealth advisers to the 1% say there’s sheer panic: “Sometimes people don’t realize how much money they’ve accumulated until they’re about to lose it.”
Illustration: Damon Dahlen/HuffPost; Photos: Getty
For the 1%, 2020 was a year of gangbusters growth. Now, the ultrarich are scrambling to hang onto their fortunes.
In his 50-odd years as an appraiser of gems and fine jewelry, Warren Morss has laid eyes on some dazzling pieces.
There was the eye-popping, 17-carat diamond, and the pair of diamond earrings weighing 4 carats apiece, roughly the same as Hailey Bieber’s engagement ring. There was the emerald necklace boasting not one big pendant, but large-cut stones all the way around the collar and more emeralds dripping down the front. (“Really too much in my opinion,” he said decorously.) ....

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Joe Biden Proposes Meeting With Vladimir Putin This Summer for 'Stability Dialogue'


Joe Biden Proposes Meeting With Vladimir Putin This Summer for Stability Dialogue
On 4/15/21 at 5:17 PM EDT
Democratic President Joe Biden has said that he has proposed meeting in the summer with Russian President Vladimir Putin for a stability dialogue to discuss mutual aims between the two countries.
In a Thursday afternoon address, Biden said he proposed meeting Putin in person, this summer in Europe, for a summit to address a range of issues facing both countries. He said that his team and Putin s team are currently discussing the possibility.
If that summit were to occur, and I believe it will, the United States and Russia could launch a strategic stability dialogue to pursue cooperation in arms control and security. We can address critical global challenges that require Russia in the United States to work together, including reining in nuclear threats from Iran and North Korea, ending this pandemic globally and meeting the existential crisis of climate c ....

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Biden Softens Tax Proposal Aimed at Profitable Companies That Pay Little


Biden Softens Tax Proposal Aimed at Profitable Companies That Pay Little
© Ting Shen for the Wall Street Journal
WASHINGTON President Biden’s proposed 15% minimum tax on profitable corporations would affect far fewer companies than the version he campaigned on, according to details released Wednesday by the Treasury Department.
The tax aimed at companies that report large profits to investors but low tax payments would apply only to companies with income exceeding $2 billion, up from the $100 million threshold used during the campaign. The Biden plan would now also let companies subject to the tax get the benefit for tax credits for research, renewable energy and low-income housing. ....

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