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Global fears grow over Taiwan, the world's microchip factory

Global fears grow over Taiwan, the worlds microchip factory Island nation is caught dead centre in the superpowers’ battle for semiconductor tech 30 January 2021 • 9:00am There is concern that the two TSMC factories in China, including this one in Shanghai, above, may be seized. Taiwanese soldiers are always on alert for Chinese aggression, which may affect the supply of the world’s microchips for phones and other devices Credit: Qilai Shen/Corbis Historical Days after Joe Biden’s inaug...
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UK finance sector unsure of post-Brexit future | Money

Thursday, 07 Jan 2021 03:01 PM MYT Britain and the EU are now aiming to seal a memorandum of understanding about financial services by March, establishing a roadmap for cooperation, though officials have downplayed its impact. ― Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. LONDON, Jan 7 — While Britain’s post-Brexit trade deal with the EU has at last been reached, the future of the country’s key financial services industry is uncertain a...
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Hedge-Fund Founder Charged in $1.6 Billion Cum-Ex Probe

Hedge-Fund Founder Charged in $1.6 Billion Cum-Ex Probe Bloomberg 1/7/2021 Frances Schwartzkopff, Morten Buttler and Ellen Milligan (Bloomberg) -- Sanjay Shah, who founded a London hedge fund that specialized in controversial Cum-Ex trades, was charged by Danish prosecutors in a 9.6 billion-krone ($1.6 billion) tax-fraud probe, according to a person familiar with the case. Two British citizens, including one who lives in Dubai, were charged, a Danish prosecutor said Thursday i...
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Source: msn.com

The Covid crisis has shown how privatisation corrodes democracy | Privatisation

Not only has outsourcing failed citizens during the pandemic – it makes states less responsive and less accountable A Covid-19 testing facility in Wavertree, Liverpool. Photograph: Christopher Furlong/Getty Images A Covid-19 testing facility in Wavertree, Liverpool. Photograph: Christopher Furlong/Getty Images Thu 24 Dec 2020 08.04 EST Last modified on Thu 31 Dec 2020 07.05 EST While Britain hedges its bets on a mass vaccination programme and battles a new variant of coronavirus, daily life i...
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The U.S. Military is Running Out of "Smart Bombs" - And That's a Big Problem

The U.S. Military is Running Out of "Smart Bombs" - And Thats a Big Problem Even if the Pentagon wants more smart bombs, the U.S. defense industry may not be able to provide them. Heres What You Need To Remember: The United States ability to manufacture these bombs has waned over the last two decades, as crucial parts of their manufacture has moved overseas. Since the 1980s, smart bombs have become the wonder weapons of modern warfare. One laser- or GPS-guided bomb can hit a target where a doz...
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