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The US President, Joe Biden, has launched a $280bn boost for America's technology and science industries. A new bill named CHIPS (Creating Helpful Incentives to Produce Semiconductors) is aimed at increasing domestic manufacturing, and upping the country's competitive edge against China. Professor David Yoffie from Harvard Business School joins us on the programme. We're in Ankara following reports EU diplomats are threatening Turkey with sanctions over its relationship with Russia. We also look at how economies on different sides of the world - Sri Lanka and Nigeria - are struggling to cope with global supply pressures. (Picture: President Biden holding a semiconductor. Credit: Getty Images.)