Even if no additional vows to phase out fossil fuels are made, the global coal industry might lose roughly 1 million jobs by 2050, with China and India bearing the brunt of the losses, according to new data released on Tuesday. Hundreds of labor-intensive mines are projected to close in the next decades as they…
After a surprise attack by Hamas terrorists on Israel over the weekend, major international airlines suspended or reduced aircraft services to or from Tel Aviv, saying they were waiting for safety conditions to improve. El Al, Israel’s national carrier, was an exception, adding more flights to bring back reservists from around the world to help…
On TikTok, a campaign impersonating Omar al-Bashir, the former president of Sudan, has garnered hundreds of millions of views, adding to the internet chaos in the already-conflicted nation that has been torn apart by civil war. Since late August, an unidentified user has been uploading what it claims to be “leaked recordings” of the former…
US President Joe Biden’s administration is under pressure from some lawmakers to forbid American companies from working on a freely available chip technology that is widely used in China, opening a new front in the U.S.-China tech conflict that could fundamentally alter how the international technology sector collaborates. RISC-V, or “risk five,” is the in…
The chairman of the indebted real estate developer China Evergrande Group, Hui Ka Yan, is under investigation on suspicion of moving assets overseas, according to a Monday Wall Street Journal story. Evergrande has been trying to obtain the consent of its creditors to restructure its offshore debt, but last week the situation became more difficult…
The public’s worries about the economy increased in August as a result of months of generally depressing data, particularly high rates of youth unemployment, and lottery ticket sales in China surged to their highest level for any month this year. According to data from the finance ministry, the official Xinhua news agency reported on Saturday…
An interior ministry spokesman of the Taliban government of Afghanistan told Reuters that the Taliban are developing a large-scale camera surveillance network for Afghan cities that may involve adapting an American plan before their 2021 withdrawal. This development comes as authorities work to supplement the thousands of cameras already positioned throughout the capital, Kabul. The Taliban…
The U.S. Commerce Department is releasing final regulations on Friday to stop China and other nations that are considered to be a threat to American national security from using subsidies for semiconductor manufacture. Before the Biden administration can start distributing $39 billion in subsidies for semiconductor production, the regulation must be passed. $52.7 billion is…
According to U.S. Commerce Secretary Gina Raimondo, there is no proof that Chinese company Huawei can mass-produce smartphones with cutting-edge technology. Recently, Huawei began selling the Mate 60 Pro phone, which features a processor said to have been created using a technological advancement by the Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC). “We don’t…
Investors increased their bets on the Bank of England stopping its historic run of interest rate hikes as soon as Thursday after the surprisingly high inflation rate in Britain unexpectedly declined in August. Consumer price index fell from July’s 6.8% to 6.7% on Wednesday, the lowest level since February 2022, contrary to predictions by economists…
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