Major chip producers that join sanctions likely to face crucial parts shortage themselves The ban on technology exports to Russia, in response to the war in Ukraine, could backfire on global manufacturers of computer processors and semiconductors, as many crucial components for their production are made exclusively in Russia, an industry expert has warned.

A trade association’s chief said rising costs were forcing many plants to cease operation for now The armed conflict between Russia and Ukraine is having a ripple effect on paper, cardboard, and paper pulp manufacturers in Italy, with more and more plants forced to halt production due to rising energy prices. Lorenzo Poli, chief of…

A ‘comprehensive’ strategy is in the works, while the Fed asks to devise a ‘digital dollar’ The White House will unveil a comprehensive set of regulations targeting cryptocurrency on Wednesday, President Joe Biden has revealed. The president called it “the first ever whole-of-government approach to addressing the risks and harnessing the potential benefits of digital…