Today: 6. Jul, 2024
Once again, TikTok, the widely-used short-form video platform, faces congressional scrutiny as House Republicans advance a bill that could result in a nationwide ban of the app. This development is the latest episode in an ongoing saga driven by concerns about the…
In the latest development surrounding TikTok, the United States Congress has moved closer to potentially banning the popular app or pushing for its sale. However, a crucial hurdle remains: finding a suitable buyer for the platform. The recent passage of legislation in…
A legislative move to potentially ban TikTok across the United States has gained traction, with a House committee giving unanimous approval to a bill that could force the popular social media app to sever ties with its China-based parent company, ByteDance. The…
In a landmark move symbolizing the shifting tides of global industry, US Steel, once the titan of the steel world, has agreed to a $14.1 billion acquisition by Japan’s Nippon Steel. This deal not only marks a significant change in the ownership…
Ukrainian President Volodymyr Zelenskyy’s recent arrival on Capitol Hill contrasted his previous visit, which was overshadowed by the prolonged Russian invasion and the precarious state of U.S. financial support. Amidst this tense backdrop, Zelenskyy’s presence in Washington D.C. coincided with a critical…
The Industrial and Commercial Bank of China’s US unit experienced a significant ransomware attack. The attack caused system disruptions that spilled over into the US Treasury market, potentially sparking a sell-off. With its headquarters in New York, ICBC Financial Services plays a…
As the world approaches the impending Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, a significant prelude occurs with U.S. Treasury Secretary Janet Yellen hosting Chinese Vice Premier He Lifeng for pivotal talks. This meeting is a strategic step in mitigating the…
In a recent development that has sent shockwaves through Norway, a 25-year-old foreign student has been arrested on suspicion of engaging in espionage activities, including illicit electronic surveillance. The arrest, which occurred last Friday, has prompted concerns about the country’s national security.…
The ambition to fortify borders isn’t unique to the US and its Mexico border plan; India too has plans of its own. India aims to reinforce its borders with both Pakistan and Bangladesh, which combined, exceed twice the length of the US-Mexico…
China’s once-promising economic recovery has hit a stumbling block, prompting a notable change in the country’s approach to diplomatic talks and economic policies. The faltering economy has led senior Chinese officials to engage in discussions with geopolitical rivals and display greater openness…
