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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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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Russia won’t use nukes – Estonia

Despite alarm in the West, Tallinn’s Margo Grosberg said using nuclear weapons would not be “reasonable” Russia will not use nuclear weapons in Ukraine, because doing so would not be militarily “reasonable,” Colonel Margo Grosberg of the Estonian military’s defense intelligence center told reporters on Friday. Nevertheless, Western pundits and politicians have repeatedly invoked warnings…

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