The office of Prime Minister Rishi Sunak outlined the measures in a statement that Britain is banning Russian diamonds. The United Kingdom has announced a ban on importing of Russian diamonds and several types of metal, as well as additional sanctions on 86 people and companies allegedly linked to Moscow’s “military
An Associated Press analysis of a dozen countries most indebted to China found that China’s loans are pushing the world’s poorest countries to the brink of collapse. A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans,
Artificial intelligence will be at the top of the agenda at the annual Bilderberg Meeting, where world elites meet in secret to decide the future of AI. OpenAI CEO Sam Altman will join forces with key leadership from companies like Microsoft and Google this week as a secretive meeting of the business and political
The U.S. House of Representatives Committee on the Judiciary is reportedly preparing a bill to pressure the OPEC oil producers’ group to punish OPEC for the recent positive developments out of the Middle East. In early May, the U.S. House of Representatives Committee on the Judiciary was reportedly considering a bill to
During the annual shareholder meeting of Berkshire Hathaway, Peter Flaherty, the chairman of the National Legal and Policy Center, exposed the putrid underbelly of woke capitalism. Corporate intrigue reached a fevered pitch on May 6, 2023, in Omaha, Nebraska, when a shareholder was arrested during the annual shareholder meeting of Berkshire Hathaway.
According to investigative journalist Lee Fang, Google, Meta, and Amazon have been hiring low-paid foreign workers following layoffs in the United States. Some of the biggest companies in tech including Google, Meta, Amazon, Microsoft, and Salesforce have hired foreign workers just weeks after reducing headcount by thousands of employees, according to
China has also increasingly promoted the global usage of the yuan and expanded foreign investors’ access to its commodity exchanges in order to erode the dominance of the US dollar in global trade agreements. The US dollar is nowhere close to being dethroned as the dominant reserve currency and standard
According to data provided by PitchBook, here is a list of the biggest startup bankruptcies of all time. Vice Media has filed for bankruptcy, despite having raised over $1.6 billion from venture capitalists. The big picture: Vice now joins an ignominious club of well-funded flameouts. What follows are companies (excluding ones from China) that
India’s semiconductor dream is under threat as none of the major chipmaking companies, including Intel, TSMC, Samsung, Global Foundries, and Micron, have applied for the incentives provided. In the 1970s, India made quite a visionary bet — on chips! We’re talking about semiconductors, of course. We realized that almost everything in the
