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Rising Democratic star takes swipe at JD Vance as sparks fly ahead of potential 2028 matchup
Rising Democratic star takes swipe at JD Vance as sparks fly ahead of potential 2028 matchup

Daily Mail​

time15-07-2025

  • Business
  • Daily Mail​

Rising Democratic star takes swipe at JD Vance as sparks fly ahead of potential 2028 matchup

Pennsylvania Gov. Josh Shapiro on Tuesday took a swipe at Vice President JD Vance - previewing a possible 2028 match-up. Shapiro, a popular Democrat who's among the top names floated as a viable future White House hopeful, was in Pittsburgh attending the Pennsylvania Energy and Innovation Summit, headlined by President Donald Trump. Vance is headed to Pennsylvania Wednesday to tout the 'big, beautiful bill,' which Trump signed into law on the Fourth of July. The vice president is also considered a top pick for the 2028 GOP nomination. Shapiro told the Daily Mail in a gaggle with reporters that he's been very clear about the so-called 'big, beautiful bill.' 'I think it's going to hurt Pennsylvania,' he said. 'I think it's a bill that's going to take us back. I'm also just deeply concerned about the $3.4 trillion that they're adding to the debt.' Vance will travel to West Pittson in the commonwealth's northeast Luzerne County, where he's expected to hold a rally-like event at a manufacturing facility. 'For someone who's preached a long time about the deficit, this takes us the wrong way,' Shapiro said of Vance and his backing of BBB. 'So I don't know what the vice president's going to say, but I think it's hypocrisy given what his record is and what this bill actually does.' The Pennsylvania Democrat also noted how Vance 'professes to care about the middle class and working class' and the 'big, beautiful bill' includes cuts to programs including Medicaid. Shapiro was more diplomatic earlier when he was seated alongside Pennsylvania's Republican Sen. Dave McCormick, who put together the Tuesday's summit, held on the campus of Carnegie Mellon University. The governor and McCormick were commended by Penn State President Dr. Neeli Bendapudi for working in a bipartisan manner and asked if they had 'any pointers on how you build that culture?' 'We've got profound differences,' Shapiro said. 'We're honest about differing on the bill that was just passed, the reconciliation bill that was just passed last week, but we also understand how critically important it is to grow our economy in Pennsylvania, this unique moment we are in right now.' 'And the senator knows I bring certain tools to the conversation that he doesn't bring, and I know he brings certain tools to the conversation that I don't bring,' the Democrat continued. 'And if actually work together, one plus one starts to equal three instead of two.' Shapiro said that he and McCormick, who beat longtime Pennsylvania Democratic Sen. Bob Casey in last year's election, are honest about their differences. 'We try and do so in a private way and in a respectful way. I think we need to find more ways to disagree respectfully in this country, like candidly,' Shapiro continued. 'And I think, you know, hopefully this can be a model for others.' Another speaker at the conference, former Texas Gov. Rick Perry, who served as Trump's energy secretary during the president's first term, was also willing to deliver a compliment across the aisle. Perry, who was being interviewed by journalist and author Salena Zito, first took aim at another possible 2028 Democratic hopeful - California Gov. Gavin Newsom. 'Gavin Newsom came to see me when he was lieutenant governor, trying to have a conversation about, "How are you getting all of our businesses out of California to come to Texas?"' Perry recalled. 'And I told him ... this isn't rocket science, I said, this is really pretty easy. Don't over-tax, don't over-regulate, don't over-litigate and have a skilled workforce, which basically transfers into accountable public schools,' Perry continued. 'Those are the four things I said, then get out of the way.' 'Now thinking Gavin wasn't listening too good,' Perry said to laughs. The former Texas governor said he was just kidding. 'No you're not,' Zito shot back. 'But my point is, Gov. Shapiro understands that,' Perry said.

MP CM Yadav calls on Speaker of Arab Parliament, invites him to attend upcoming Energy Summit
MP CM Yadav calls on Speaker of Arab Parliament, invites him to attend upcoming Energy Summit

India Gazette

time13-07-2025

  • Business
  • India Gazette

MP CM Yadav calls on Speaker of Arab Parliament, invites him to attend upcoming Energy Summit

Dubai [UAE], July 13 (ANI): During his visit to Dubai, Chief Minister of Madhya Pradesh, Mohan Yadav on Sunday called on Mohammed Al Yammahi, Speaker of the Arab Parliament. On the occasion, he shared information about Madhya Pradesh's industry-friendly, simple, and accessible policies and facilities that promote investment and invited Al Yammahi to attend the upcoming Energy Summit in Madhya Pradesh. In a post on X, he said, 'During the Dubai visit, I had a courtesy meeting with Mr. Mohammad Al Yamahi, the Speaker of the Arab Parliament. On this occasion, I shared information about Madhya Pradesh's industry-friendly, simple, and accessible policies and the facilities that promote investment. I also extended an invitation to Mr. Mohammad Al Yamahi to participate in the upcoming Energy Summit to be held in Madhya Pradesh. In the context of the growing strategic relations with the United Arab Emirates, I highlighted Madhya Pradesh's active and constructive role and reiterated the intent for cooperation in the fields of energy, minerals, logistics, food processing, and green investment. I also expressed hope that Madhya Pradesh will become an active and significant partner in these bilateral partnerships.' Yadav congratulated Indians working in Dubai for strengthening the relations between both countries. He is in the UAE to meet investors, entrepreneurs, and experts and to introduce them to the possibilities of Madhya Pradesh, under the 'Global Dialogue 2025'. The Indian diaspora in Dubai welcomed Yadav on Sunday upon his arrival at Dubai. In a post on X, he said, 'Indians in Dubai have carved a unique identity through their hard work, culture, and values. Today, during my UAE visit, meeting Indian brothers, sisters, and youth at the Taj Hotel in Dubai has filled my heart with joy. Heartfelt gratitude for all your warmth!' As part of MP Global Dialogue 2025, Yadav received a warm welcome in Dubai from the Indian diaspora, including Jitendra Vaidya, President IPF UAE and was greeted by Satish Kumar Sivan, Consul General of India to Dubai marking the beginning of his UAE visit to promote investment in Madhya Pradesh. CM Yadav is in Dubai for Global Dialogue 2025. (ANI)

Chinese energy firms say Brazil must clarify rules or face loss of investments
Chinese energy firms say Brazil must clarify rules or face loss of investments

The Star

time28-06-2025

  • Business
  • The Star

Chinese energy firms say Brazil must clarify rules or face loss of investments

Senior Chinese energy executives have called on Brazil to fix its regulatory framework and provide long-term predictability, warning that delays could hamper billions of dollars in green investment. The requests for transparency came on Thursday during a panel discussion at the Energy Summit in Rio de Janeiro, where representatives from the State Power Investment Corporation (SPIC) and China Energy Engineering Corporation (CEEC) said that Brazil risked falling behind unless it acted quickly to clarify rules for energy storage and long-term concessions. China has become one of Brazil's biggest energy investors, pouring US$1.73 billion into the sector in 2023, a 33 per cent rise from the previous year, with roughly 72 per cent of confirmed projects focusing on wind, solar and other clean technologies, according to the Brazil-China Business Council. Since 2007, Chinese firms have invested a total of US$73.3 billion in Brazil generally, making it the fourth-largest destination globally for Chinese capital. 'Today we have the technology, the capital and the interest, but we lack a stable and predictable framework for energy storage in Brazil,' said Marcelo Taulois, deputy chief executive and chief development officer of CEEC Brazil. He warned that delays were putting billions of dollars of investment at risk. Taulois said that a long-awaited framework for battery storage, announced in December, had been put on hold despite strong interest from more than 60 developers. 'We were expecting it to be implemented by May, but it stopped,' he said. Adriana Waltrick, chief executive of SPIC Brasil, said that long-term planning was vital for both nations' roles in the global energy transition. 'China and Brazil are two of the four countries that will define this shift,' she said, noting that in 2024, China invested roughly 10 per cent of its gross domestic product in the energy transition sector, compared with roughly 1 per cent by Brazil. 'But China built an ecosystem where planning and execution go hand in hand. Brazil can do the same,' Waltrick said, adding that advances in digital technology – from artificial intelligence for hydro management to smart energy grids – could help Brazil make better use of its abundant resources. She said that Brazil had the expertise to do this, but only if regulations evolved with the times. Jorge Arbache, a University of Brasília economist, noted that vulnerability could become a catalyst for growth if policies were clear and coordinated. 'And China, with its ability to articulate, coordinate and implement policies, has succeeded through very well-defined plans and clear targets across the central government, provinces, state-owned enterprises and private firms in accelerating its path towards energy independence. 'This is something we can mimic here,' he added. As evidence that the market responded when rules were defined, panellists cited rising confirmation rates for announced Chinese energy-related investments in Brazil, from 27 per cent in 2022 to 88 per cent in 2023. Yet both Taulois and Waltrick said the trend could stall if Brazil failed to provide a robust framework for storage and long-term concessions. 'The sentiment right now is one of urgency,' Taulois said. 'The market and the technology are ready. What we're missing is a sign from the government that Brazil is serious about making this transition happen.' Waltrick said Brazil had a unique opportunity: 'We have the resources, we have the technology, and we have strong partners like China ready to build. But the bridge between planning and policy has to be built now – or this moment could slip away.' -- SOUTH CHINA MORNING POST

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