US war on Chinese electric cars has begun

American industries are trailing behind, but Biden will leverage protectionism to win the 2024 election By Timur Fomenko, political analyst The Biden administration has announced that it’s launching a probe into Chinese “smart cars,” vowing to protect the American automobile industry. As is conventional, the White House branded the cars a “national security threat” and claimed,…

288
Like
Save
EU drug ‘super cartel’ taken down

The organized crime syndicate controlled around one third of the cocaine trade in the bloc’s countries, according to Europol A sprawling cocaine “super cartel” has been taken down in the EU in a series of coordinated law enforcement raids, Europol announced on Monday. The raids, dubbed ‘Operation Desert Light’, were carried out in Spain, France,…

288
Like
Save
Taiwan’s exports plunge amid weak micro-chip demand

Orders in March shrank by more than 25% against last year, dropping for a seventh consecutive month The global hi-tech hardware powerhouse, Taiwan, has seen its export orders drop at a record pace amid shrinking demand on semiconductors, the South China Morning Post reported this week, citing data from the country’s Ministry of Economic Affairs.

288
Like
Save