Latest news with #JobCreation

Yahoo
25-05-2025
- Business
- Yahoo
Rep. Meuser celebrates President Trump's action to keep U.S. Steel in America
May 24—WILKES-BARRE — U.S. Rep. Dan Meuser said President Donald Trump has reinvigorated American manufacturing by keeping U.S. Steel at home in Pennsylvania. "Today he has truly proven himself to be the Man of Steel," said Rep. Meuser, R-Dallas. "Keeping U.S. Steel here at home protects Pennsylvania jobs, fuels a modern manufacturing revival from Pittsburgh to the Mon Valley, and sends an unmistakable message that Made in the USA is back for good." Rep. Meuser said he knew that once President Trump brought his great business acumen to the table, and saw the opportunity for the country, he would secure the best deal possible. "With 70,000 new jobs on the way and billions of dollars flowing into our communities, Pennsylvania is ready to lead the steel industry once again," Rep. Meuser said. "It's enough to make me become a Steelers fan!" On Friday, Rep, Meuser applauded President Trump for successfully negotiating a record investment and record job creation for Pennsylvania and America's steel industry through a landmark partnership between the United States, U.S. Steel, and Nippon Steel. Rep. Meuser said the agreement will keep U.S. Steel's headquarters in Pittsburgh, generate at least 70,000 family-sustaining American jobs, and inject $14 billion into the U.S. economy — the largest steel-sector commitment in Pennsylvania's history. Rep. Meuser said his tireless efforts included meeting repeatedly with Local 2227 Steelworkers to gather shop‑floor priorities; conducting rigorous oversight and vocal opposition when the Biden Administration attempted to block this historic investment; engaging colleagues across Capitol Hill to build bipartisan momentum; conferring directly with Nippon Steel executives to guarantee America‑First terms; coordinating personally with U.S. Steel President & CEO Dave Burritt to arrange high‑level discussions in Washington; and directly with the White House and President Trump — an America‑First blueprint the "Dealmaker‑in‑Chief" embraced to secure record investment and record jobs for Pennsylvania and the nation. U.S. Rep. French Hill, R-Arkansas, said, "The merger of Nippon Steel and U.S. Steel will greatly benefit many of our steel-producing states like Pennsylvania, Indiana, Michigan, and my home state of Arkansas. Foreign direct investment is a vote of confidence in our country, and in my view, this deal is an important win for President Trump. I thank my colleague and friend Rep. Dan Meuser for his leadership and commend his longstanding support for this important merger." David B. Burritt, President and CEO, U.S. Steel, said, "Congressman Meuser's support and advocacy over the past year has been invaluable. His leadership on behalf of the Commonwealth of Pennsylvania is deeply appreciated by the U.S. Steel team." Key highlights of the President's announcement —U.S. Steel headquarters to stay in Pittsburgh — safeguarding legacy jobs and local supply chains. —Strategic partnership with Nippon Steel — combining advanced technology with American innovation. —70,000 new, family-sustaining jobs — the largest single-investment jobs surge in Pennsylvania history. —$14 billion economic impact — majority of spending and hiring to occur over the next 14 months. —Nationwide manufacturing revival — benefits extending from Pennsylvania to Arkansas, Minnesota, and Indiana. —Strengthened national security — President Trump's tariff policies ensure American steel remains the backbone of critical infrastructure and defense production. Rep. Meuser said he will be joining the President's plan to celebrate the milestone at a rally on Friday, May 30, at the U.S. Steel facility in Pittsburgh, calling it "a fitting tribute to the men and women whose skill and determination will forge the next chapter of American leadership." U.S. Sen. Dave McCormick, R-Pittsburgh, said, "Only Donald Trump could have made this happen and I'm grateful to him for having me, Congressman Mike Kelly (PA-16), and Congressman Dan Meuser (PA-09) from our Pennsylvania delegation in the Oval Office yesterday to discuss it. I told him what I have said all along. My priorities are preserving and expanding jobs and investment in the Mon Valley. This partnership gets it done." Reach Bill O'Boyle at 570-991-6118 or on Twitter @TLBillOBoyle.


Zawya
20-05-2025
- Business
- Zawya
Travel and tourism sector to contribute $34.12bln to Qatar's economy in 2025
Doha: Qatar's Travel & Tourism sector is on a positive growth trajectory as it is projected to contribute QR124.2 billion to the national economy this year. The sector is fast becoming one of the country's most powerful economic engines, according to research from the World Travel & Tourism Council (WTTC). According to the data the travel and tourism sector is expected to reach QR166.6bn by 2035. With international visitors accounting for almost 90% of travel spending, and over 75% of all trips taken for leisure, Qatar is continuing to cement its place as an international favourite. The sector is set to support over 350,000 jobs in 2025, rising to more than 487,000 by 2035, WTTC noted. Spending by international visitors is expected to increase significantly this year, forecasting a spending of QR 98.8bn in 2025, while domestic spend is projected to reach QR12.6bn this year. Meanwhile the spending by international and domestic visitors is projected to reach QR144.7bn and QR16.7bn by 2035. Qatar's tourism sector began 2025 with strong momentum, welcoming over 1.5 million international visitors between January and March. This surge was driven by an integrated tourism strategy that combines high-profile events, strategic partnerships, and diversified destination experiences. Visitors from GCC countries accounted for (36%), followed by Europe (28%) and Asia and Oceania (20%), reinforcing Qatar's growing appeal across varied markets. Visitor arrivals by air (51%), land (34%) and sea (15%) highlight the effectiveness of Qatar's diversified access strategy. Qatar reaffirmed its leadership in regional tourism by hosting the 51st UN Tourism Regional Committee for the Middle East, where discussions focused on harnessing Qatar's strengths in sports, innovation, and infrastructure to drive sustainable tourism across the region. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (