"Donald Trump pledges more deals like Intel stake, worrying business community. The US has taken a stake in Intel chipmaker as part of a push to secure domestic production and reduce reliance on China. The acquisition is the most significant intervention in private business since the 2008 financial crisis. Supporters call it a smart industrial policy that will protect jobs and national security."
"But critics warn that this could mark a shift in the relationship between government and private companies, raising concerns about how much control a president should have over business. Also, Bangladesh warns it can no longer bear the cost of sheltering Rohingya refugees. Plus, meat prices are at an all-time high."
The US acquired a stake in Intel to secure domestic chip production and reduce reliance on China, representing the largest government intervention in private business since 2008. Supporters describe the move as industrial policy aimed at protecting jobs and national security. Critics express concern that the intervention could shift the balance between government and private companies and increase presidential control over business decisions. Separately, Bangladesh reports that it can no longer bear the cost of sheltering Rohingya refugees. Meat prices have risen to an all-time high, adding pressure to consumer costs and inflationary trends.
#us-industrial-policy #intel-stake #government-business-relations #rohingya-refugees #meat-inflation
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