According to a Govini report, despite efforts to reduce reliance, the US Military-Industrial Complex is increasingly dependent on Chinese suppliers, highlighting vulnerabilities in critical military technologies. The U.S. Navy cut 40 percent of Chinese suppliers out of its “critical technologies” supply chains last year. The Army was able to cut
Saudi Arabia’s termination of its 80-year petrodollar deal on June 9, 2024, may reshape global oil markets, as it considers selling oil in currencies like the Chinese yuan, impacting US economic dominance. According to media sources, Saudi Arabia has chosen not to extend its 80-year petrodollar agreement with the United
On June 10, the Dutch National Cyber Security Center revealed that the COATHANGER cyber campaign, linked to China, breached 20,000 defense and government systems across Western countries. You can read the original article here. The Dutch government claims that a cyber campaign with ties to China that breached a defense
The European Commission declared on Wednesday that, starting early next month, it will impose tariffs as high as 48% on Chinese electric vehicles. The European Commission has imposed fresh duties of its own on Chinese electric vehicles, batteries, solar panels, steel, aluminum, and medical equipment, approximately one month after President
On the ECB blog, Piero Cipollone intensified his claims that BRICS is “fragmenting” the global monetary system. Cipollone highlighted how countries like China, Iran, and Russia are creating alternative payment systems, disrupting global financial efficiency. The European Central Bank (ECB) official Piero Cipollone, who previously declared that inflation is caused
In the past ten days, the Taliban sold 150,000 tons of crude oil for over $80 million. This follows their 25-year contract with China’s CAPEIC, which invested $49 million to boost daily production to 8,000 barrels. Beijing’s investment in Afghanistan is starting to pay off as the government has sold
According to data from the UNEP’s Global Material Flows Database, the world’s biggest mining nations are China, followed by India and the USA. The UNEP’s Global Material Flows Database states that as of 2023, China was the largest global extractor of domestic materials. 34.2 billion tons of materials, including biomass,
In semiconductor geopolitics, the U.S., China, Taiwan, and India navigate complex strategic dynamics, impacting manufacturing, supply chains, and alliances, shaping the global technological landscape, and driving economic competition. Politics primarily revolves around the acquisition and exercise of power. Over time, the concept of ‘geopolitics’ has evolved with each generation of
According to a filing with the Hong Kong Stock Exchange by China’s Sinopec, they will build gas pipelines for Saudi Aramco in a $1-billion deal. Sinopec, a Chinese energy behemoth, announced on Thursday that it has reached an agreement worth $1.3 billion with Saudi Aramco to acquire and construct pipes