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The European Central Bank and the bloc’s leaders have reportedly sparred over plans to tax sanctioned assets EU leaders and the European Central Bank have argued over a plan to use profits generated by Russian assets that are frozen under EU sanctions, Bloomberg reported on Friday, citing anonymous sources.

Washington has introduced a slew of export restrictions aimed at stalling advances in China’s semiconductor industry Chinese chipmakers expect to make next-generation smartphone processors as early as this year despite US attempts to hinder the Asian nation’s technological advancement, the Financial Times reported this week.