Harris Promises Communist Style Price Controls, Similar to Venezuela
Buckle up, folks! Kamala Harris is stepping into the 2024 ring with a set of economic policies that’s got everyone talking—and not all the chatter is good. On Friday, the Vice President…
Russia’s nuclear arsenal: how big is it, and who controls it?
By Guy Faulconbridge MOSCOW (Reuters) -President Vladimir Putin warned the West on Wednesday that Russia was technically ready for nuclear war and that if the United States sent troops to Ukraine the…
China bets on open-source chips as US export controls mount
By Eduardo Baptista BEIJING (Reuters) – When a Beijing-based military institute in September published a patent for a new high-performance chip, it offered a glimpse of China’s bid to remake the half-trillion…
Teradyne pulled $1 billion worth of manufacturing from China amid US export controls
By Karen Freifeld (Reuters) – Teradyne, a supplier of semiconductor testing equipment, pulled manufacturing worth about $1 billion out of China last year, a Teradyne spokesperson said on Monday, after U.S. export…
Nvidia launches new gaming chip for China to comply with US export controls
BEIJING (Reuters) – U.S. chipmaker Nvidia on Thursday launched a modified version of an advanced gaming chip designed to comply with U.S. export controls targeting China. The chip, which the company says…
Exclusive-How SUSE deviated from its internal controls while warning about sales risk
By Stefania Spezzati and Karin Strohecker LONDON (Reuters) – Software firm SUSE, whose clients include Microsoft and BMW, told investors in January it was tightening its scrutiny of commercial deals. SUSE, whose…
Biden Admin To Unveil New Chip Controls Focused on China: REPORT
Biden Admin To Unveil New Chip Controls Focused on China: REPORT Nick Pope on October 14, 2023 The Biden administration is poised to unveil additional computer chip sanctions targeting China as soon…
Rouble steadies, locking in gains made after Putin ordered capital controls
MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the previous session after President Vladimir Putin ordered the mandatory sale…
Reversing course, Bank of Russia endorses new currency controls
By Elena Fabrichnaya, Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Russia’s central bank on Thursday endorsed President Vladimir Putin’s decision to reimpose currency controls, a measure it had been reluctant to…
UAE mulls export controls on items sanctioned by US, EU – Bloomberg
(Reuters) – The United Arab Emirates is considering introducing export licenses for a list of items including chips and other components sanctioned by the U.S. and European Union and used by Russia’s…
Argentina’s capital controls are an ‘instrument of torture,’ Bullrich says
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s leading conservative presidential candidate Patricia Bullrich said on Thursday that the country’s strict capital controls were an “instrument of torture” that she would look…
Germany wants tighter foreign investment controls amid China ‘de-risking’
BERLIN (Reuters) – German Economy Minister Robert Habeck wants to tighten the process for reviewing foreign investments with a new law that would aim to enhance economic security, according to a ministry…
Argentina sets grocery price controls for 90 days to tame inflation
BUENOS AIRES (Reuters) – Argentina’s government announced on Friday a price agreement for supermarkets to limit monthly increases to a maximum of 5% for 90 days as the country tries to tamp…
New Jersey Lawmaker Wants Tighter Controls of Youth Use of Social Media
TRENTON, NJ – Conservative darling Senator Ed Durr, a truck driver from South Jersey said social media is harming America’s youth. Legislation sponsored by Senator Durr, aimed at delving into the effects…
US commerce chief says China export controls will hit companies’ revenue
By David Shepardson WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will cost firms…
Metaverse has set off no alarms or need for controls yet – EU’s Vestager
By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU…
US says it opposes export controls by China on metals, will consult allies
By Kanishka Singh WASHINGTON (Reuters) – The United States “firmly” opposes export controls announced by China on gallium and germanium, metals needed to produce semiconductors and other electronics, a U.S. Commerce Department spokesperson…
China Implements Export Controls On Key Metals Used For Chips
China Implements Export Controls On Key Metals Used For Chips Jason Cohen on July 3, 2023 China has implemented export limits on two metals utilized in the manufacturing of computer chips and…
BETSY MCCAUGHEY: Business Owners Beware — Price Controls Are Coming If Leftists Get Their Way
BETSY MCCAUGHEY: Business Owners Beware — Price Controls Are Coming If Leftists Get Their Way Betsy McCaughey on June 18, 2023 If you own a business, the leftists in Congress are coming…
EU faces test to get members to cede power on export controls
By Philip Blenkinsop BRUSSELS (Reuters) – The European Union faces a challenge to convince its members to relinquish authority over export controls as it aims to bring in an EU-wide system that…
Johnson Controls beats estimates on strong demand, raises annual profit guidance
(Reuters) – Johnson Controls International posted quarterly earnings ahead of analysts’ expectations on Friday, underpinned by strong demand for heating and air-conditioning systems from commercial buildings, sending its shares nearly 5% higher…
RFK Jr. Says ‘Mega-Billionaires’ Are Using Climate Change To Usher In ‘Totalitarian Controls’ On Society
RFK Jr. Says ‘Mega-Billionaires’ Are Using Climate Change To Usher In ‘Totalitarian Controls’ On Society Harold Hutchison on April 28, 2023 Democratic presidential candidate Robert F. Kennedy Jr. said Friday that “mega-billionaires”…
UBS retains risk chief to bolster controls for Credit Suisse deal
ZURICH (Reuters) -Switzerland’s UBS said on Monday it will retain Christian Bluhm as chief risk officer for the “foreseeable future” as it bolsters controls during the takeover of Credit Suisse. Chief Executive…
Exclusive-China out of UN’s wildlife survey for pandemic controls – source
By Francesco Guarascio HANOI (Reuters) – China is not participating in a United Nations project to survey Asian wet markets and other facilities at high risk of spreading infectious diseases from wild…
US, partner countries call for controls to counter misuse of spyware
By Kanishka Singh WASHINGTON (Reuters) – The United States and some of its partner countries on Thursday called for strict domestic and international controls to counter the proliferation and misuse of commercial…
Kazakhstan tightens controls over trade with Russia
ALMATY (Reuters) – Kazakhstan said on Monday it would require exporters to file additional documents when sending goods to Russia, following reports that Russian companies have been using local intermediaries to bust…
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