The war of electronic chips between Beijing and Washington.. China is preparing a trillion-dollar package to deal with US restrictions

The war of electronic chips between Beijing and Washington.. China is preparing a trillion-dollar package to deal with US restrictions

China is preparing a support package worth more than 1 trillion yuan ($143 billion) for its semiconductor industry, three sources said, in an important step towards achieving self-sufficiency in chips and to counter the moves US aimed at slowing down its technological progress. The sources added that Beijing plans to roll out one of the … Read more

Gold is down in morning trading

Gold is down in morning trading

Sequel – Muzaffar Ismail Global gold prices fell during today’s trading, by 0.03%, or the equivalent of $0.43, to reach $1810.26 an ounce. Gold futures for delivery in February 2023 fell 0.22%, or $4.05, to $1821.45 an ounce. Silver was also down 0.09% to $23.96 an ounce, while palladium was up 0.19% to $1938.5 and … Read more

Patrimonio draws up Calviño’s husband’s resume and tailors a suit for him

Patrimonio draws up Calviño’s husband’s resume and tailors a suit for him

A tailored suit. The merits required by the tender for the position of manager that National Heritage has awarded to the husband of Nadia Calvino track your resume. The foundations required by the public company he presides over Anne of the Grotto, Calviño’s former number two, replicates the skills that Ignacio Manrique de Lara It … Read more

US Inflation Data Pushes Up Oil and Gold Prices as Dollar Falls | Economy

US Inflation Data Pushes Up Oil and Gold Prices as Dollar Falls |  Economy

12/14/2022–|Last Updated: 12/14/202203:36 (Mecca) Economic data showed a drop in the US inflation rate on Tuesday as consumer prices posted the lowest monthly rise in more than a year last November, indicating a chance of weathering the worst part of the crisis of US inflation, which has driven up oil and gold prices. The Bloomberg … Read more

A violent loss for the dollar.. Treasury yields collapse..and the lira falls against the euro By Investing.com

A violent loss for the dollar.. Treasury yields collapse..and the lira falls against the euro By Investing.com

©Reuters. Investing.com – Inflation data has slowed sharply, giving markets confidence that the Fed’s shift will begin, indicators are responding well, and conditions can improve without a recession. The US dollar was down about 1.5% to 103.267 on the release of positive data against a basket of foreign currencies, including one which rose recently by … Read more

Reuters: China working on 136 billion euro support package for its chip industry – IT Pro – News

Reuters: China working on 136 billion euro support package for its chip industry – IT Pro – News

World trade does not exist for ordinary people, and the increased profit from it is not for ordinary people. World trade is a game for oligarchs, who think in terms of power and profit for themselves. Several thousand people became or remained multibillionaires with it, the rest get crumbs. That more crumbs land in the … Read more

Bitcoin or Gold… Which is Better for Investors? | command

Bitcoin or Gold… Which is Better for Investors?  |  command

With inflation rising and economic uncertainty, investors are looking for safe havens to invest, gold has always been at the forefront and some even offer digital currencies. For many years, it has been the norm for investors to hold onto their savings, be it real estate, stocks, bonds or gold. For centuries, gold has been … Read more