The demand for semiconductors is projected to exceed $100 billion by 2027. The increased demand for AI-enabled chips is driving this growth. The nation that leads in semiconductor production and global supply chain control stands to gain significant financial and geopolitical influence on the world stage. Rapid advancements in artificial intelligence (AI) have spurred substantial … Read more
GENEVA: Dozens of countries pledged on Wednesday to intensify efforts to get rid of fossil fuel subsidies and tackle plastics pollution in an effort spearheaded by the World Trade Organisation (WTO). The European Union and Britain, but none of the other principal global polluters, were among 45 signatories to a WTO ministerial statement pledging to … Read more
Australia will not send officials to the upcoming winter Olympics in Beijing, Prime Minister Scott Morrison said Wednesday, joining a US diplomatic boycott of the event. Canberra’s decision comes amid “disagreement” with China over a number of issues, including Australia’s foreign interference laws and a recent decision to acquire nuclear-powered submarines, Morrison said. “Australia will not … Read more
The Government of Japan has made it clear to the Trump administration that it will not be joining the US plan to bar China from telecommunications networks. According to the details, the local media of Japan reported that Tokyo has denied joining the US plan to exclude Chinese firms from telecommunications networks. The U.S. State … Read more
The International Monetary Fund IMF Chief has warned the US and China against rekindling a trade war that could weaken a recovery from the coronavirus pandemic. IMF Chief Kristalina Georgieva, told that economy of United States has been particularly hard hit by widespread shutdowns aimed at containing the virus. US government data on Friday showed … Read more
