If the US Congress doesn’t take action to raise the debt ceiling before it is reached, which may happen as soon as June 1, the U.S. Treasury Department is in danger of defaulting on its debt. That creates questions for… Read More ›
Economy & Finance
China May Hack Infrastructure, Especially Pipelines And Train Systems, The US Warned
After researchers revealed a Chinese hacking gang had been snooping on such networks, the U.S. State Department issued a warning on Thursday that China was capable of launching cyber assaults against essential infrastructure, including oil and gas pipelines and rail… Read More ›
Is The US Dollar Dominance Ending? Factors Influencing Dollarization
The dollar’s position as the main currency in the world has come under new scrutiny due to rivalry with China, the effects of Russia’s war in Ukraine, and ongoing disputes in Washington over the country’s debt ceiling. The idea that… Read More ›
China Denies Allegations That It Is Spying On Vital Infrastructure In The West
The United States and its partners jointly issued a warning, but the Chinese government has denied charges that its spies are infiltrating Western infrastructure and has labelled the threat a “collective disinformation campaign.” Washington was responsible for hacking, according to… Read More ›
Risk Warnings Issued As Chinese Capital Floods Funds With A Focus On Japan
As the Nikkei approaches 33-year highs, Chinese capital is flooding into Japan-focused stock funds, prompting frequent market risk warnings from fund managers. Due to the ferocious demand, the prices of two Shanghai-listed exchange-traded funds (ETFs) that track the Nikkei 225… Read More ›
Cost Increases From The Euro 7 Emissions Standard EC Predictions By Industry
According to a recent study cited by Europe’s automotive industry organisation on Tuesday, proposed Euro 7 emissions requirements will result in direct costs for auto makers that are up to ten times greater than those anticipated by the European Commission…. Read More ›
A Fed Survey Shows Financial Security Of US Households Reduced By High Inflation
According to a Federal Reserve report released on Monday, the inflation wave that peaked at a 40-year high last year and is still high has reduced households’ sense of financial security in the United States. Many people said they had… Read More ›
China Bans Some Sales After Micron Products Fail Security Inspection
The Chinese internet government declared on Sunday that Micron Technology Inc.’s goods had failed an examination of their network security and that users of critical infrastructure would no longer be allowed to purchase their products. According to China’s expansive definition… Read More ›
What The Elimination Of The 2000-Rupee Note Implies For India’s Economy
The biggest value currency note currently in use in India will be discontinued, the central bank announced on Friday. The 2016-released 2000-rupee note will continue to be accepted as legal money, however individuals are urged to deposit or trade these… Read More ›
A Battery Shortage Could Hamper GM’s 2025 EV Production Targets
General Motors has stated that it will have the capacity to create one million electric vehicles in North America by 2025, but a delayed ramp-up of its three U.S. battery operations could limit actual EV production to less than 600,000… Read More ›
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