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us allies criticize new export rules limiting access to nvidia chips

The Biden administration's new export controls on Nvidia AI chips have sparked opposition among US supporters, who argue the rules limit access to crucial technology. While aimed at restricting advanced tech exports to China, the regulations have inadvertently affected US allies, including Poland and Israel, which now face challenges in acquiring necessary chipsets. Polish Deputy Prime Minister Krzysztof Gawkowski criticized the confusing nature of the rules, urging EU leaders to address the issue, while Israel convened an urgent meeting to discuss the potential impact on its AI development.
Huawei Central
United States Dollar NVIDIA Corporation CHN POL ISR USA Krzysztof Gawkowski Radosław Sikorski Henna Virkkunen Show more
Politics & Governance, News Article
07:00 16.01.2025

europe faces political gridlock amid economic stagnation and rising populism

Europe faces a political crisis marked by ineffective governance and rising populism, as traditional parties struggle to address economic stagnation and social discontent. In Austria, the potential rise of the right-wing Freedom Party signals a shift away from established leadership, while France grapples with fragmented center parties and a lack of reform progress. Germany's political vacuum exacerbates the situation, leaving Europe without strong leadership to confront pressing challenges from both within and outside the continent.
Moneycab
Euro United States Dollar Raiffeisen-Osteuropa-Rent FRA AUT DEU Fredy Hasenmaile François Bayrou Emmanuel Macron Show more
Politics & Governance, News Article
07:00 16.01.2025

mike pence to discuss global election insights at exclusive ubc summit

Mike Pence will address the UBS Wealth Insights 2025 summit, focusing on U.S. elections and their global implications, just days before Donald Trump's inauguration. Despite a strained relationship with Trump since 2021, Pence aims to provide insights into international relations and economic policies. The event is exclusive to clients and closed to the media.
Devdiscourse
PSE HKG USA CUB CHN ISR TWN VEN Jimmy Lai Mike Pence Marco Rubio Donald Trump Brett McGurk Joe Biden Steve Witkoff Show more
Politics & Governance, News Article
01:38 16.01.2025

tiktok ban reflects growing us china tech rivalry and data concerns

Eva Dou, a technology policy reporter, draws parallels between the Trump administration's concerns over Huawei and current worries about TikTok, highlighting both companies' extensive data collection. She notes a shift in the US-China relationship from globalization to rivalry, with the US feeling threatened by China's technological advancements.
Yahoo Finance
USA Eva Dou
Politics & Governance, News Article
23:45 15.01.2025

US to implement stricter trade rules amid TSMC Huawei chip conflict

The US is set to implement stricter trade rules in response to the TSMC-Huawei chip dispute, aiming to restrict the flow of advanced chipsets to China. The Biden administration has instructed major chipmakers like TSMC, Intel, and Samsung to enhance due diligence on customers and prevent unauthorized supply to Huawei. As Donald Trump prepares to take office, the future of China's chip industry remains uncertain amid these escalating tensions.
Huawei Central
United States Dollar Samsung Biologics Co.,Ltd. Tesmec S.p.A. TWN CHN USA SGP Joe Biden Donald Trump Show more
Politics & Governance, News Article
08:10 15.01.2025

debate intensifies over future regulation of UBS in Switzerland

The regulation of UBS is set to be a contentious issue in Switzerland for 2025, with opinions divided. Some advocate for a major global bank to remain in the country, warning against overly strict regulations, while others argue that relocating UBS headquarters abroad would provide greater security for Swiss taxpayers.
Neue Zürcher Zeitung
CHE
Politics & Governance, News Article
06:30 15.01.2025
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