Author: Steven Sahiounie

Berlin is reportedly under US pressure to set limits on semiconductor chemical exports to Beijing The German government is considering restricting exports to China of chemicals used for producing semiconductors, as part of the US-led policy of curbing Beijing’s access to advanced technologies, Bloomberg reported, citing people familiar with the matter. Berlin is reportedly seeking to reduce its economic exposure to the Asian country. The initiative is part of a government package of measures that would block China from key products and services needed for microchip production. Semiconductor chips are a critical part of the global supply chain and are…

The struggling lender will be acquired by JPMorgan, the Californian financial watchdog said The embattled First Republic Bank has been taken over by regulators and will be sold to JPMorgan Chase, the California Department of Financial Protection and Innovation (DFPI) announced on Monday. Earlier this week, the Federal Deposit Insurance Corporation (FDIC), a principal federal regulator of US financial institutions, asked a number of banks to submit bids for the struggling lender in an effort to secure a buyer before it entered receivership. A deadline for bids was set for Sunday. JPMorgan, America’s biggest bank, will “assume all deposits, including all…

DPRK media accuses the South and the US of provoking war. North Korea’s official news agency, KCNA, claimed on Sunday that South Korean President Yoon Suk-yeol’s travel to the US was a provocation and a typical demonstration of hostile policies against Pyongyang, and that it effectively makes a nuclear war against North Korea “a fait accompli.” The presidents of South Korea and the United States signed the Washington Declaration on Wednesday, which calls for the establishment of a regular bilateral dialogue mechanism on extended deterrence and strategic planning. South Korea also obtained a US vow to deploy “the entire force of the…

The Russian Ministry of Defense appoints Alexei Kuzmenkov to be responsible for logistical support for the Russian Army in preparation for the upcoming Ukrainian Spring offensive. The Russian Armed Forces appointed a new General to take charge of the field of logistics ahead of an expected Western-backed counter-offensive by Kiev. Colonel General Mikhail Mizintsev who came under UK sanctions for his participation in the Russian Special Military Operation in Ukraine was relieved of his duties in favor of Alexei Kuzmenkov who “has served as Deputy Director of the Federal National Guard Troops Service of the Russian Federation — Commander-in-Chief of the National…

Al-Kadhimi’s referral to the investigation comes against the backdrop of a lawsuit filed by the head of the Huqooq Movement, Hussein Mowanes. The Iraqi Public Prosecution announced on Sunday that former Iraqi Prime Minister Mustafa Al-Kadhimi has been referred to the investigation into the case of the assassination of martyrs Qassem Soleimani and Abu Mahdi Al-Muhandis. Al-Kadhimi’s referral to the investigation comes against the backdrop of a lawsuit filed by the head of the Huqooq Movement, Hussein Mowanes. The lawsuit against Al-Kadhimi is in his capacity as a former head of the intelligence service on charges of negligence and dereliction, and the…

Centralized exchanges — Kraken, Binance, and Coinbase — are responsible for roughly 90% of the full-staked Ethereum withdrawals on the Beacon Chain, according to data compiled by 21 Shares Research. A Research Analyst at 21Co, Tom Wan, noted that these exchanges were responsible for withdrawing over 877,000 ETH — amounting to 87.5% of all ETH that has been fully removed. Kraken Leads Exited Validators In terms of validator exits, Kraken tops the list with over 15,000 exited validators. This is three times higher than the closest entity to it, Binance, which has only seen 5,676 validators exit — Coinbase rounds…

The strike has impacted everybody from refugee claimants, migrant workers, and sponsored relatives. Following Canada’s third week of public workers’ large-scale strike, hundreds of migrants have been rendered in legal limbo as hearings and applications have been either canceled or postponed. The strike has impacted everybody from refugee claimants, migrant workers, and sponsored relatives, Reuters reported, citing local lawyers. Many wishing to migrate to Canada are left abroad waiting, while migrants inside the country are left waiting uneasily wondering if their permits have effectively expired or not. Under the same effect, Canadians with scheduled trips, waiting on passports, remain trapped inside the…

Moreover, 16 hospitals have been bombarded since the start of the conflict, doctors added The number of people killed in clashes between the armed forces and the Rapid Support Forces (RSF) in Sudan has risen to 425, while 2,091 people were injured, the country’s Doctors Central Committee reported on Sunday. “The number of civilians killed since the beginning of clashes has risen to 425, while the number of wounded – to 2,091,” Al Jazeera TV channel cited the organization as saying. Moreover, 16 hospitals have been bombarded since the start of the conflict, doctors added. On the previous day, the…

The global economy is currently focused on the possible United States default as a standoff over raising borrowing limits prevails. In the event of such a historical default, market analysts are projecting a potential direct impact on Bitcoin’s (BTC) value considering the digital currency has established a level of correlation with the traditional finance sector. In this line, Geoff Kendrick, Head of FX Research at Standard Chartered, believes that Bitcoin can soar by about $20,000 to hit around $49,000 from the current value or a 68% growth if the debt ceiling is not raised by the estimated deadline of July…

The latest surveys and polls in the US indicate that the American public opinion has palpably shifted against the apartheid Zionist regime, Iranian Foreign Ministry Spokesperson Nasser Kanaani said. Kanaani made the remarks in a series of tweets on Sunday, days after a University of Maryland Critical Issues Poll found that 44 percent of Democrats and 20 percent of Republicans believe Israel is a “state with segregation similar to apartheid.” “A look at public opinions in the US – the godfather of the fake Israeli regime – and the latest comments and opinion polls indicate a tangible change in attitudes…