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Beijing decries Washington’s new chip ‘guardrails’

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asia times by Jeff Pao Washington once again has outraged Beijing, this time by announcing new “guardrails” prohibiting any recipients of US government funding that operate in China from spending →

Samsung plans world’s largest high-tech chip cluster

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asia times by Scott Foster Samsung Electronics has announced plans to build five new semiconductor factories south of Seoul over the next 20 years in a bid to close the gap with Taiwan’s TSMC in the →

UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system

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nbc news By Ashley Capoot, CNBC UBS agreed to buy its embattled rival Credit Suisse for $3.2 billion Sunday, with Swiss regulators playing a key part in the deal as governments looked to stem a →

Extension reached for Black Sea grain deal

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​cbs news​​​ By Pamela Falk United Nations – After intense negotiations and multiple shuttle trips to Kyiv, Moscow and Istanbul by U.N. officials, including the secretary-general, Russia agreed to an →

You Can Bank on it: A Cheat Sheet on the SVB Collapse

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american thinker By Clarice Feldman This week, a lot of attention has been focused on the collapse of the Silicon Valley Bank. It is, in fact, a story of faulty accounting practices, poor government →

China roars as US presses ByteDance to sell TikTok

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asia times by Jeff Pao Responding to the Biden administration’s request that China’s ByteDance sell its stake in TikTok for national security reasons, Beijing has complained that the United States is →

Here are the top 500 companies in Africa

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​africa news​​​ Hit by the Covid pandemic and then by the repercussions of the war in Ukraine, companies on the continent have to deal with an ever-uncertain business environment, synonymous with →

Why did Silicon Valley Bank fail and is a financial crisis next?

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al jazeera By John Power The collapse of Silicon Valley Bank (SVB) has sent shockwaves through financial and tech circles. On Friday, United States regulators seized the assets of the Santa Clara, →

Beware, global investors! Don’t let US banks devour your cash

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​global times​​​ While Wall Street analysts said the failure of Silicon Valley Bank (SVB) won't lead to any systemic risk to the broader financial system, it should be noted that US regulators' →

Regulators close New York's Signature Bank following Silicon Valley Bank collapse

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cbs news By Jordan Freiman The New York Department of Financial Services announced Sunday that it has taken possession of Signature Bank and appointed the Federal Deposit Insurance Corporation (FDIC) →

Feds try to stop bank crisis of their own making

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asia times by David P Goldman NEW YORK – US bank regulators Sunday announced a massive response to last week’s run on Silicon Valley Bank (SVB) and the risk of copycat runs against other regional →

The Empire's losing bet on Ukraine: Why bombs and sanctions haven't crushed Russia

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global times By Marco Fernandes The two main tools of the US and its allies to crush countries that dare to challenge its hegemony are its armed forces and economic sanctions. Since the end of the →

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