Grasping at straws: New EU sanctions on Russia look like desperation

Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews In a stellar display of strategic brilliance, the European Union is preparing to launch another wave of sanctions against Russia, this time targeting Moscow’s diamond exports and taking a desperate swing at Gazprombank. Josep Borrell, the…

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Intel announces specialized AI chips for cars

The company says the technology will provide a more personalized driving experience US chipmaker Intel is getting ready to roll out an AI-focused chip for the automotive sector, the company announced at the Consumer Electronics Show (CES) in Las Vegas on Tuesday.

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US wants to punish banks linked to Russia – Reuters

The US could target more banks linked to Russia with sanctions and is set to tighten enforcement of existing restrictions, Reuters has reported, citing a senior US official.    Sanctions imposed by Washington and its allies “immobilized about 80% of the assets in the Russian banking sector,” according to the head of the US State…

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