On Friday, Japan is expected to unveil a record $490 billion expenditure plan to help offset the economic impact of the COVID-19 outbreak, defying a worldwide trend of removing crisis-mode stimulus measures and putting more stress on the country’s already… Read More ›
Economy & Finance
University of Copenhagen has deep ties to Chinese military
In the latest example on how the Chinese military is tapping into Western academia in strategic and sensitive area of biotechnology, a Chinese professor at the University of Copenhagen who was conducted genetic research for the Chinese military did not… Read More ›
Taiwan opens embassy in Lithuania in diplomatic breakthrough
On Thursday, in a significant development, Taiwan opened an embassy in Lithuania in a diplomatic breakthrough, brushing aside Chinese opposition to the move. In August, China had demanded that Lithuania withdraw its ambassador to Beijing saying it would recall its… Read More ›
Germany must diversify export markets, enter into trade deals with other countries and regions: Jens Spahn
Germany needs a more open discussion on how it can slash its over-reliance on China, said Germany’s acting Health Minister Jens Spahn in a statement. “We have experienced and had to experience how dependent we have become on China,” said… Read More ›
Combining NDAA and USICA would benefit high profit defense contractors and chipmakers who shifted US manufacturing to China: Senator Bernie Sanders
In a statement U.S. House and Senate leaders stated, lawmakers will try to reach a final agreement on a bill aimed at boosting the competitiveness of U.S. technology vis-à-vis China’s semiconductor manufacturing. Senate Democratic Majority Leader Chuck Schumer had sought… Read More ›
Bitcoins Valued At Almost $1 Trillion Exchanged Between Anonymous Wallet
A huge transaction of more than 15,078 bitcoin tokens was reported to have happened between two wallets whose identities could not be confirmed. The total value of the bitcoins that had been transferred between these to the so-called whale wallets… Read More ›
Italy and France to sign accord aimed at tilting the balance of power in Europe
France and Italy are set to a sign a deal aimed at tilting the balance of power in Europe after the departure of German Chancellor Angela Merkel, said a government source. Emmanuel Macron and Mario Draghi are set to sign… Read More ›
Ukrainian President Volodymyr Zelenskiy welcomes Britain’s move to finance its naval capabilities
Welcoming British offers to finance to enhance Ukraine’s naval capabilities, Ukrainian President Volodymyr Zelenskiy welcomed a framework agreement for the same. Playing host to British Defence Minister Ben Wallace, Zelenskiy said, the two discussed ways to ensure safe navigation for… Read More ›
Sale of F-35 stealth fighters only after UAE understands obligations
According to an official from the Biden Administration, the United States intends to move forward with the sale of 50 F-35 stealth fighter jets to the United Arab Emirates after Washington gets a clear understanding of “Emirati obligations”. “We continue… Read More ›