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THE US GIVES AUTOMAKERS AND SUPPLIERS $12 BILLION FOR SOPHISTICATED VEHICLES

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Energy Secretary Jennifer Granholm announced on Thursday,31st August, that the Biden administration is providing $12 billion in grants and loans for automakers and suppliers to upgrade their plants to build electric and other advanced vehicles. Former governor of the auto-producing state of Michigan, Granholm, told reporters on the phone: “While we transition to EVs, we […]

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QUANTUM COMPUTING MIGHT BE REVOLUTIONIZED BY A NEW SILICON TYPE 

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In addition to other intriguing characteristics, scientists at North Carolina State University have identified a new unique type of silicon termed Q-silicon, which is ferromagnetic at ambient temperature. The researchers describe how their discoveries can progress quantum computing, including the development of a spin qubit quantum computer based on the manipulation of an electron’s spin,

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ERDOGAN TURNS TO THE WEST AS TURKEY’S ECONOMIC SITUATION WORSENS 

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This week, Recep Tayyip Erdogan made a significant move to improve ties with the West in a swift political about-face as he searches for answers to Turkey’s protracted and deepening economic crisis. On Monday, Mr. Erdogan unexpectedly abandoned his long-standing opposition to Sweden’s proposal to join the military alliance, shocking Nato members in the process.

ERDOGAN TURNS TO THE WEST AS TURKEY’S ECONOMIC SITUATION WORSENS  Read More »

CENTRAL NEW YORK LANDS $50M MICROCHIP PLANT WHICH WILL CREATE 122 ADDITIONAL JOBS 

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A California company intends to expand Central New York’s burgeoning status as a centre for semiconductor manufacturing by opening a $50 million microchip switch plant close to Ithaca. This project will generate 122 jobs. Menlo Microsystems of Irvine, California, has decided to put its first American manufacturing facility in a town called Lansing, where it

CENTRAL NEW YORK LANDS $50M MICROCHIP PLANT WHICH WILL CREATE 122 ADDITIONAL JOBS  Read More »

U.S. PRESIDENT VISITS EUROPE FOR NATO MEETING; UKRAINE IS SHOWN SUPPORT BUT STILL NO MEMBERSHIP 

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On Sunday, U.S. Vice President Joe Biden touched down in Britain to begin a three-nation trip that will be dominated by a NATO meeting in Lithuania intended to show support for Ukraine in its conflict with Russia while delaying Kyiv’s admission to the alliance.  Prior to this week’s NATO meeting in Lithuania, Biden and Turkish

U.S. PRESIDENT VISITS EUROPE FOR NATO MEETING; UKRAINE IS SHOWN SUPPORT BUT STILL NO MEMBERSHIP  Read More »

CHINA TIGHTENS EXPORT RESTRICTIONS ON TWO METALS USED IN SOLAR PANELS AND SEMICONDUCTORS 

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The Chinese government has declared that beginning on August 1, purchasers of two metals used in computer chips and solar panels would have to submit applications for export licenses. Germanium and gallium are two metals that are also used in military technology. For many years, the U.S. has imposed trade restrictions in an effort to

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WHY AREN’T OPEC+ SUPPLY CUTS RESULTING IN HIGHER OIL PRICES? 

Glances /

In response to falling oil prices, OPEC+, a group made up of Organisation of the Petroleum Exporting Countries and allies like Russia that produces about 40% of the world’s petroleum, has been reducing oil output since November. The two largest oil exporters in the world—members Saudi Arabia and Russia—intensified their oil supply restrictions on Monday,

WHY AREN’T OPEC+ SUPPLY CUTS RESULTING IN HIGHER OIL PRICES?  Read More »

JAPAN’S UPDATED SPACE SECURITY PLAN TAKES INTO ACCOUNT COUNTERSTRIKE CAPABILITY

Glances /

The Japanese government established its first official space security strategy on Tuesday, and it is expected to include counterstrike capabilities. “The new Basic Plan for Space Policy presents a vision of the future of security, disaster prevention and mitigation, innovation, civil sectors such as space science and exploration, and rockets that support these space activities,

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AS A CHINA AIRCRAFT ENTERS THE AREA, TAIWAN ACTIVATES ITS AIR DEFENSES 

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Over the last three years, China, which sees Taiwan as its own territory, has routinely used its air force over the skies surrounding the island but not in Taiwan’s sovereign airspace. On Thursday, June 8th, Taiwan activated its defensive systems after receiving reports of 37 Chinese military aircraft entering the island’s air defense zone, some

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PRICES OF OIL INCREASE AFTER SAUDI ARABIA ANNOUNCES FURTHER PRODUCTION CUTS 

Glances /

Oil prices increased on Monday,5th June, as Saudi Arabia announced it will further reduce production by a million barrels per day starting in July for at least a month in an effort by OPEC+ producers to support oil prices. Saudi Arabia’s production was reduced by the most in recent memory; it will now produce nine

PRICES OF OIL INCREASE AFTER SAUDI ARABIA ANNOUNCES FURTHER PRODUCTION CUTS  Read More »

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