President Biden awarded the Presidential Medal of Freedom to NATO Secretary Jens Stoltenberg Tuesday in a surprise announcement during the conclusion of his remarks at the alliance's summit.
Why it matters: The flagship award is the highest civilian honor in the U.S. and comes as Stoltenberg has led NATO through a turbulent period amid Russia's ongoing war on Ukraine.
In the 2000s, a so-called China shock swept through the U.S. economy, lowering consumer prices while causing massive losses of manufacturing jobs. Former President Trump's proposed tariff regime would be, in effect, an audacious attempt to reverse it.
The big picture: Trade experts believe that the price of imported manufactured goods would rise significantly if Trump returns to the White House and enacts the aggressive program he has described on the campaign trail. They are not persuaded that a manufacturing renaissance would follow.
Peru's Congress last week passed a bill that would establish a statute of limitations on crimes against humanity, raising concerns among victims and advocates seeking justice.
Why it matters: Activists and lawyers are warning this would jeopardize pending cases for crimes such as the forced sterilization of Indigenous women, government-sanctioned torture and massacres.
The number of Puerto Ricansliving in the continental U.S. has grown since Hurricane Maria in 2017, and they could have an impact in the outcome of certain federal, state and local elections, analysts say.
Why it matters: Puerto Ricans are an important part of the growing Latino electorate, and parties and candidates would be remiss to take that for granted, experts say.
Boeing will plead guilty to a criminal fraud charge in connection with two fatal 737 Max crashes in Indonesia and Ethiopia, per a Department of Justice court filing late Sunday.
Why it matters: If approved by the judge overseeing the case, the deal would brand one of the largest aerospace companies in the world a felon — a standing that could hurt its defense business.
Why it matters: Working-age populations around the world are growing at a slower rate than in years past, if not declining in some nations — risking forever labor shortages that may limit growth.
CIA director Bill Burns and President Biden's top Middle East adviser Brett McGurk are meeting with senior Israeli and Egyptian security officials in Cairo Monday to discuss the Gaza hostage and ceasefire deal and arrangements to secure the Egypt-Gaza border, four Israeli and U.S. officials said.
Why it matters: The Egypt-Gaza border security arrangements and the reopening of the Rafah crossing are key issues to solve ahead of a possible hostage and ceasefire deal between Israel and Hamas.