EU state may become major chip maker – Reuters

Countries look to diversify as more than 90% of advanced chips currently come from Taiwan US chipmaker Intel is close to clinching a deal with Italy to build an advanced factory in the country for the production of semiconductors, Reuters reported on Thursday. The investment is part of a larger plan to increase chip production…

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Fyodor Lukyanov: Russia needs to explain its ‘red lines’ to the West

The US-led bloc will probably keep escalating unless Moscow firmly outlines how it plans to respond There is currently an intense debate in Western Europe about whether Ukraine should be allowed to attack Russian territory with NATO weapons. Some countries, such as the UK, France, Poland, and Finland, have already said they are in favor,…

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Global government debt about to explode – research

The tally is set to soar to a record $71 trillion in 2022, according to asset management firm Janus Henderson A new report by British asset manager Janus Henderson said that global sovereign debt is expected to surge by 9.5% this year to a record $71.6 trillion. The increase in debt will primarily be driven…

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