Germany has announced its plans to significantly reduce funds dedicated to strengthening partner states in the areas of security, defense, and stabilization. According to a draft of the country’s 2025 budget, the money allocated to support partner countries will be slashed to 4 billion euros in 2025, down from the 7.5 billion euros allocated in
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In a recent interview, former U.S. President Donald Trump made a controversial statement suggesting that Taiwan should pay the U.S. for defense services. This assertion raises questions about the nature of international defense agreements and the responsibilities of each party involved. Understanding the Global Chip Industry Trump’s comments also touched on Taiwan’s semiconductor industry, highlighting
Former President Donald Trump made a grand entrance at the Republican National Convention in Milwaukee amidst cheers and celebrations. This marked his first public appearance since surviving an assassination attempt at a Pennsylvania rally. Despite wearing a bandage over his right ear, he seemed to be in high spirits as he waved to the audience.
Bitcoin experienced a surge in value on Monday, reaching a two-week high, while betting markets indicated an increased likelihood of a victory for Donald Trump in the upcoming U.S. presidential election. This surge comes in the wake of a dramatic event, the assassination attempt on the former president, which drew parallels to historical incidents that
China, as the world’s largest producer and consumer of beer, is expected to witness a significant consumption recovery in the second half of this year. This recovery is anticipated to be fueled by a preference for premium beer offerings, particularly due to the influence of sporting events. Analysts at CGS International have predicted a rebound
Taiwan’s defense ministry has reported that it is closely monitoring multiple missile tests conducted by China’s Rocket Force in Inner Mongolia. This region is located around 2,000 km away from Taiwan, but the Taiwanese air defense forces are on high alert due to these activities. The Rocket Force is responsible for managing China’s missile arsenal,
The Dow Jones Industrial Average surged to a new high this week, driven by gains in Home Depot and Caterpillar. The index added an impressive 456 points, or 1.1%, to reach a new record above 40,000. This milestone was last achieved in late May, signaling a positive shift in investor sentiment towards non-tech stocks. Despite
The recent flash figures published by the Office for National Statistics indicating a 0.4% growth in the U.K. economy in May have brought about a sense of optimism, particularly after the nation saw a period of recession followed by stagnation. The better-than-expected GDP expansion of 0.4% surpassed the forecasted 0.2% by economists, showcasing resilience in
Chinese exchange-traded funds have experienced a remarkable surge in growth over the last five years. According to Morningstar, annual inflows to China ETFs have nearly quintupled over the past three years. The data from the American financial services firm shows that total yearly inflows to Chinese ETFs have skyrocketed from 127.2 billion Chinese yuan in
Over the weekend, the city of Barcelona was rocked by protests as angry locals took to the streets to voice their frustrations with the overwhelming presence of tourists in their city. The protesters, numbering around 3,000 people, barricaded hotel entrances and sidewalk cafes in the Barceloneta neighborhood, demanding that city officials take action to reduce