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 ›
Economy & Finance
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 ›
Royal Dutch Shell undertakes major steps, to relocate HQ to London, simplify corporate structure, to be known as Shell Plc
In a statement Royal Dutch Shell said, it would do away with its dual share structure and relocate its headquarters to Britain from the Netherlands. The development comes at a time when the oil giant is facing increasing climate pressure in… Read More ›
Best protection for everyone is to get booster doses: Boris Johnson
In a statement British Prime Minister Boris Johnson said, at the moment he sees no need to move the UK to “Plan B” of vaccine passes, mask mandates, and work from home orders, despite rising COVID-19 cases in parts of… Read More ›
EU to sanction companies and individuals in Belarus migrants crisis
Foreign Ministers from the European Union have agreed to a fifth round of sanctions against Belarus accusing it of using migrants as a weapon, said EU diplomat Josep Borrell. The EU measures, which will impact companies and individuals, will be… Read More ›
Debt saddled Chinese property sector unlikely to trigger global shockwave: BOJ governor Haruhiko Kuroda
On Monday, in a statement Bank of Japan Governor Haruhiko Kuroda said, woes revolving around China’s property sector are unlikely to trigger a global shock since the country was not saddled with huge external debt. “We don’t expect China’s property… Read More ›