Intel posted details of the plan soon afterward, saying the administration would make an $8.9 billion investment in Intel common stock, paid for with the CHIPS grant money. The company said the stake would be funded with $5.7 billion in grants previously awarded but not yet paid, and $3.2 billion from a separate Defense Department program. It said…
“We remain committed to the principle that international borders must not be changed by force,” the leaders stressed. Trump said on Friday that there will be “some swapping of territories” as part of a ceasefire deal between Russia and Ukraine, a proposition that was quickly rejected by Zelenskyy. Zelenskyy said Kyiv is “ready to work together with…
The outspoken vice president even resisted the chance to criticize laws governing freedom of speech and belief in the U.K., of which he has been damning in the past. He acknowledged he had “raised some criticism, concerns about our friends on this side of the Atlantic” but specified that “many of the things that I…
In fairness, the U.K. government did demand Apple grant it a backdoor to access user data, teeing up an almighty fight with the U.S. And its online safety laws have tried to rein in tech giants with new rules forcing them to police “harmful” content – much to the annoyance of some U.S. lawmakers. Still,…
The head of a US congressional committee on Thursday, warned Panama over Chinese influence on the Panama Canal, following reports that leading Chinese state-owned conglomerates are bidding for port concessions there now for sale by Hong Kong-based CK Hutchison Holdings. In his letter to Minister of Maritime Affairs and Administrator of the Panama Maritime Authority…
“A turning point regarding the Russian invasion of Ukraine is coming,” said Republican Senator Lindsey Graham, who is behind a proposal to impose “bone-crushing” tariffs on Russian exports. “For months, President Trump tried to entice Putin to the peace table. He has left the door open regarding Russia. That door is about to close,” he…
Hong Kong Olympic hero Camille Cheng Lily-mei’s work outside the pool was recognised by the International Olympic Committee (IOC) earlier this month, when she was named one of the body’s first mental health ambassadors. Cheng, who has represented Hong Kong at three Olympic Games, travelled to Lausanne, Switzerland, for the IOC Consensus Meeting on Mental…
The U.K. prime minister and his top security adviser worked intensively to rescue the broken relationship between Kyiv and Washington, drafting a truce plan that might one day pave the way for peace. Mar 12 9 mins read Source link
But Johnson’s battle with bureaucracy started long before then. When he entered Downing Street in 2019, he brought in maverick Vote Leave campaigner Dominic Cummings as chief adviser. Cummings, an ex-special adviser, spoke about slashing departments and hiring “weirdos” and “misfits” instead of Whitehall old hands to shake things up. Cummings was a former aide…
U.S. President Donald Trump on Wednesday delayed a new 25% tariff on vehicle imports from Mexico and Canada for a month, amid fears that a trade war between the neighboring countries could hurt the “Big 3” U.S. automakers. The U.S. leader spoke with top officials at Ford, General Motors and Stellantis before announcing the tariff…