On Monday, the U.S. Commerce Department added 33 Chinese entities to its ‘unverified list’, saying it was unable to verify the legitimacy and reliability of those entities in relation to their use of U.S. exports. The Chinese entities includes listed… Read More ›
Economy & Finance
Record Revenue Posted By China’s Biggest Chipmaker SMIC Despite U.S. Sanctions
Despite a global chip scarcity, China’s largest chipmaker, Semiconductor Manufacturing International Corporation, recorded record revenue and profit last year. SMIC’s sale for 2021 was $5.44 billion, up 39 per cent year over year, the greatest rate of increase since 2010…. Read More ›
Big Oil CEOs Warn That Consumers Will Face Years Of High Energy Prices
The heads of the largest oil and gas firms of the world have warned that people should get themselves ready to pay high prices for energy for years to come. This comment from the top executives of energy companies also… Read More ›
Crypto Exchange Binance Will Invest $200m Against A Stake In Forbes
Binance, one of the world’s largest cryptocurrency companies, will invest $200 million in Forbes, in the latest twist in the 105-year-old history of the media brand. Forbes, known for its billionaire rankings, said the agreement will help it become a leader… Read More ›
After ‘Rug Pull’ Warnings, Coinbase Removes Cryptocurrency Links
Coinbase Global has withdrawn ‘how to buy’ directions for at least three crypto tokens that have been issued ‘rug pull’ warnings which claim that investors may lose money. The company added that it aims to tighten safety. According to Jaclyn Sales,… Read More ›
Canada to join UK, US, Australia, EU in WTO trade dispute over Lithuania
Canada aims to join the the United States, the United Kingdom, and Australia in the European Union’s dispute with China at the World Trade Organization over Beijing’s alleged trade curbs on Lithuania. “Canada is concerned by China’s recent trade actions… Read More ›
Finland’s $9.4 billion F-35 deal will place F-35 close to Russia
According to US-based sources, Finland is set to sign a formal purchase agreement for F-35 fighter jets which could be announced by this weekend, bringing the fifth-generation stealth fighters closer to being deployed on Russia’s northern flank. In December 2021,… Read More ›
Somaliland shows the way on how to deal with Chinese bullying
In a statement the foreign minister of Somaliland said, Beijing will not be allowed to dictate who the country can have relations with; Somaliland is a sovereign nation and “born free”. Somaliland’s Foreign Minister Essa Kayd made the comments during… Read More ›
Libyan Prime Minister Abdulhamid al-Dbeibah survives assassination attempt
On Thursday there was an attempt to assassinate Libyan Prime Minister Abdulhamid al-Dbeibah with assailants spraying his car with bullets. As per a source close to the Prime Minister, Dbeibah has escaped the attempt on his life. According to the… Read More ›
Regulators In Europe And The US Asks Banks To Get Ready For Possible Russian Cyberattacks
With rising tensions related to the Ukraine crisis, the European Central Bank is preparing banks for a possible Russian-sponsored cyber attack, according to two people familiar with the situation, as the continent prepared for the financial consequences of any conflict…. Read More ›