export
Chipmaking giants Intel and Qualcomm have recently been told by the US government that they would not be allowed to export some chips to Chinese smartphone mogul Huawei anymore. Both US companies have had certain licences and permits taken away. However, which ones in particular has not been confirmed. Huawei has been targeted by restrictions imposed by the US government on technology exports since 2019, mainly due to it allegedly having links to China’s military and government. There are also a number of fears that Huawei may be using its artificial intelligence and wireless technology in ord...
Euronews (English)
European countries have nearly doubled their arms imports between 2014-2018 and 2019-2023, boosting their purchases by 94% in the period observed, according to a new study by the Stockholm International Peace Research Institute (SIPRI). Much of this increase was due to the transfers of arms to Ukraine, which is still fighting off the Russian invasion and which, between 2022 and 2023, received 23% of the region’s arms import in 2019-2023. Two European countries - France and Italy - have also significantly stepped up their exports in the same period, finding willing buyers in Europe, Asia and th...
Euronews (English)
Cape Town experienced a particularly foul stench earlier this week. The reason? A ship docked in the South African city’s harbour, carrying 19,000 live cattle. The vessel was stopped on its way from Brazil to Iraq and the smell emanating from it has caused Cape Town authorities to open an investigation. Initially, officials suspected that a sewage facility may have leaked, before the source of the stench was discovered. It was only a temporary stopover, to the relief of residents - and, on Wednesday, the vessel headed on to its destination of Iraq. However, while in South Africa, the ship - wh...
Euronews (English)
Latvia was the biggest exporter of whiskey to Russia in 2023, according to data published by the Russian state-owned news agency Ria Novosti. That's despite high tensions between the two countries following Moscow’s full-scale invasion of Ukraine and Western sanctions. Ria Novosti wrote that Russia imported almost €244 million worth of whiskey between January and September 2023, almost four times more than in the same period the year before. Most of it came from neighbouring Latvia, which Ria Novosti said shipped products worth €177.4 million, followed by Baltic neighbour, Lithuania with €26.9...
Euronews (English)
Economic output remained unchanged in the eurozone in the final three months of 2023, and slightly expanded in the EU, confirming the first estimates from Eurostat. The eurozone economy’s stagnation follows a 0.1% contraction in the previous quarter, meaning that the bloc has just avoided a recession, essentially avoiding two consecutive quarters of decline in gross domestic product (GDP). The economy has not shown any sign of life over the last year, contracting or growing by a slight 0.1% since the beginning of 2023. In a yearly comparison, the numbers also suggest a standstill economy, the ...
Euronews (English)
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