The shipping disruptions are pressuring prices but not to the point that inflation projections should be hiked, Kristalina Georgieva says The Houthi rebel attacks on vessels in the Red Sea have had a significant impact on insurance and shipping rates, but have so far not affected global economic growth prospects, Kristalina Georgieva, the managing director…
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Washington has introduced a slew of export restrictions aimed at stalling advances in China’s semiconductor industry Chinese chipmakers expect to make next-generation smartphone processors as early as this year despite US attempts to hinder the Asian nation’s technological advancement, the Financial Times reported this week.
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Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend €16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.
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