Beijing will impose export controls on two rare elements essential for manufacturing semiconductors, in apparent retaliation after the United States and Europe restricted chip exports to China. … More
Tag: economy
Chinese star banker Bao Fan detained by country’s top anti-graft body, state media says
One of China’s top tech bankers, who went missing in February, has been in the custody of the country’s top … More
Sam Altman: CEO of OpenAI calls for US to regulate artificial intelligence
The creator of advanced chatbot ChatGPT has called on US lawmakers to regulate artificial intelligence (AI). Sam Altman, the CEO … More
Vietnam’s Richest Person To List VinFast In U.S. Via $23 Billion SPAC Deal With Lawrence Ho’s Black Spade
VinFast—controlled by Vietnam’s richest man Pham Nhat Vuong’s VinGroup—has agreed to merge with casino mogul Lawrence Ho’s Black Spade Acquisition Co. in … More
BRICS: More Countries Abandoning the US Dollar as Reserve Currency
As the BRICS nations have made their opinion on the currency known, more countries are moving away from the US dollar as a reserve … More
Australia to ban TikTok on government devices
The Australian government said on Tuesday it would remove TikTok from all federal government-owned devices, following many other countries in … More
Shocked and defiant: How Trump is responding to unprecedented indictment
Since a grand jury issued charges related to hush money to an adult film star, the former president has cycled … More
Rich Dad Poor Dad Author Warns Giant Crash Incoming, Forecasts Bitcoin Price Explosion to $500,000
Rich Dad Poor Dad author Robert Kiyosaki says investors should pay close attention to a wave of layoffs at tech … More
Russia to cut oil production over price caps
Russia will reduce crude oil production by 500,000 barrels per day from March after major economies imposed a price cap … More
Russia Expands Its Crypto Mining Capacity, Report Reveals
The total capacity of crypto mining facilities in Russia has been increasing in the past year, despite the market downturn … More
Uganda’s economy is set to shoot up by 5% in 2023 but still faces devastating threats according to the World Bank
According to the report, the Ugandan economy is expected to grow by 5.5% during the 2022/2023 Financial Year, up from … More