Taiwan Semiconductor Manufacturing Co (TSMC), the world’s leading semiconductor producer, has announced plans to invest $100 billion in the United States by 2030. This investment follows last week’s historic $500 billion commitment from Apple to boost U.S. manufacturing. The new capital will fund the construction of three additional chip manufacturing plants and two packaging facilities. […]
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At the Arab summit in Cairo, Palestinian President Mahmoud Abbas expressed his readiness to organize both presidential and legislative elections “if the conditions are right.” This statement marks a potential shift in Palestinian politics, where internal divisions have long hindered progress. Abbas reiterated that the Palestinian Authority (PA) remains the sole legitimate governing and military […]
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China has filed a legal complaint with the World Trade Organization (WTO) in response to the United States’ additional 10% tariff on Chinese goods. The move, announced by China’s Commerce Ministry on Tuesday, argues that the U.S.’s unilateral tariff imposition violates WTO rules and threatens the foundation of economic and trade cooperation between the two […]
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German President Frank-Walter Steinmeier sharply criticized U.S. President Donald Trump following an intense exchange with Ukrainian President Volodymyr Zelenskyy at the White House on Friday. Steinmeier, speaking to a German news agency before heading to Uruguay, expressed his astonishment at the confrontation, stating, “I would never have believed that one day we would have to […]
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Several weeks after President Trump’s 25% tariffs on goods from Canada and Mexico were initially imposed, they officially took effect on Tuesday, heightening tensions between the U.S. and its key trading partners. In response, Canada has moved to impose 25% tariffs on about $100 billion worth of U.S. imports, with Prime Minister Justin Trudeau accusing […]
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The UAE’s national oil company, ADNOC, has merged its polyolefin assets with Austrian energy giant OMV, forming a formidable new entity in the petrochemical sector. This strategic move, combined with OMV’s recent $13.4 billion acquisition of Nova Chemicals, will create a global petrochemical powerhouse valued at $60 billion. The merger enhances both companies’ capabilities in […]
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“Near the frontlines, sexual violence and human rights abuses remain rampant, as is the looting and destruction of civilian homes and businesses,” said Patrick Eba, Deputy Director of UNHCR’s Division of International Protection. Speaking in Geneva, Mr. Eba told journalists that that North and South Kivu provinces remain unstable, with “hundreds of thousands of people […]
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The Polish Space Agency (POLSA) has been targeted by a cyberattack, prompting the agency to disconnect its network from the internet over the weekend in an effort to secure its systems. POLSA confirmed the breach on social media, stating that the incident had been reported to authorities, and an investigation was underway. While the agency […]
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The Ethiopian Human Rights Commission (EHRC) has announced the lifting of the suspension on four prominent civil society organizations (CSOs) by the Authority for Civil Society Organizations (ACSO). Among the organizations reinstated are the Center for the Advancement of Rights and Democracy (CARD), the Association for Human Rights in Ethiopia (AHRE), Lawyers for Human Rights […]
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At Mobile World Congress (MWC) 2024 in Barcelona, Deutsche Telekom (the parent company of T-Mobile) announced its plans to launch a new AI-driven smartphone, powered by the Perplexity Assistant. Set for release later this year, the device will run on “Magenta AI,” offering users a suite of AI tools including Google Cloud AI, ElevenLabs, and […]
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