India pushes UK out of world’s top five economies again

India has become the world’s fifth-largest economy after overtaking the UK, its former colonial master, during the final three months of 2021, Bloomberg reported on Friday. “On an adjusted basis and using the dollar exchange rate on the last day of the relevant quarter, the size of the Indian economy in ‘nominal’ cash terms in…

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US limits chip sales to Russia and China – media

Restrictions were placed on high-end semiconductors used to power supercomputers and artificial intelligence Washington has imposed restrictions on the sale of certain high-tech computer chips to Russia and China, a number of US media outlets reported on Thursday, citing two major US chipmakers, Nvidia and AMD.

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Turkey warns NATO member of ‘serious consequences’

Turkish President Recep Tayyip Erdogan has urged Greece to stop its alleged military buildup in the Aegean islands, threatening its neighbor and fellow NATO ally with a “heavy price” that it might end up paying.

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