The Chinese authorities are preparing for a kind of “arms race” with the United States in the field of microelectronics, writes Bloomberg. Beijing is preparing protectionist measures to circumvent restrictions imposed by the administration of us President Donald trump. According to sources of the publication, the Chinese government is preparing to launch a large-scale program […]
Business
In Europe, they found the culprits of the slow recovery of the economy
Europe’s recovery from the effects of the crisis triggered by the coronavirus pandemic and the collapse in oil prices has stalled. According to Bloomberg, the culprits could be Spain and Italy and a reduction in their GDP. According to the IHS Markit index, which is an indicator of economic health, output rose only in manufacturing […]
Apple and the US stock market collapsed
In the US, the stock market experienced the strongest fall since the beginning of June. At the same time, one of the engines of its growth, Apple, whose value this summer exceeded two trillion dollars, collapsed by 8 percent, which means a loss of almost 180 billion dollars, according to trading data. The collapse was […]
US national debt will exceed the size of the economy
The US national debt may exceed the size of the economy next year, for the first time since world war II. This is reported by the Wall Street Journal with reference to the report of the congressional Budget office. According to the Agency’s estimates, the national debt will be equal to 100 percent of the […]
Chubais urged to tighten the law on harmful emissions
Anatoly Chubais, the head of RUSNANO Corporation, criticized the draft law on regulating carbon emissions, which has been under development for several years. In his opinion, the current project is completely “toothless” and it needs to be tightened. Chubais believes that the document, which is now available, can be thrown in the trash, reports RBC. […]
The former wife of the world’s richest man became the world’s richest woman
Ex-wife of the founder of Amazon, the world’s richest man Jeff Bezos (Jeff Bezos) Mackenzie Scott became the wealthiest woman on the planet. This follows from the rating Bloomberg Billionaires Index. Mackenzie Scott’s fortune reached $ 68 billion, which gave her the 12th place in the ranking of the world’s rich. She overtook the granddaughter […]