The U.S. Department of the Treasury, alongside the Internal Revenue Service (IRS), has announced a $6 billion allocation in tax credits through the second round of the § 48C Qualifying Advanced Energy Project Tax Credit Program. This is part of the final phase of the $10 billion funding provision under the Inflation Reduction Act (IRA), […]
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“The charges against Ms. Pakhshan Azizi do not meet the threshold of ‘most serious crimes’ required by international law for the death penalty,” the Human Rights Council-appointed experts stated. “Her death sentence constitutes a serious violation of international human rights law.” Solitary confinement Ms. Azizi was arrested in Tehran on 4 August 2023, by Iranian […]
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Russia’s state-owned energy corporation, Rosatom, has raised the prospect of legal action against Siemens Energy, citing delays in the delivery of essential German-made components for Turkey’s first nuclear power plant. The plant, being developed by Rosatom in collaboration with Turkish authorities, has faced significant construction setbacks due to the non-arrival of key parts required for […]
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The Biden-Harris Administration has unveiled new guidelines designed to regulate chip licensing and enhance artificial intelligence (AI) security standards. Released on Monday, the Interim Final Rule on Artificial Intelligence Diffusion builds on existing measures to protect U.S. technological leadership while addressing national security concerns. Strengthening AI Security and Addressing Smuggling: The new rule aims to […]
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Ghana’s newly elected President, John Mahama, has called for an investigation into the controversial $400 million national cathedral project, which has become a point of contention as the country faces its most severe economic crisis in decades. The project, initiated by former President Nana Akufo-Addo, has sparked widespread criticism, particularly regarding its funding and relevance […]
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Switzerland has received an official invitation to join the European Union’s Military Mobility initiative, marking a significant step in its involvement in European defense collaboration. The move, approved by EU member states on Monday, will facilitate the rapid movement of military forces and equipment across EU borders, aligning Switzerland with several non-EU countries already participating, […]
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Hamas has agreed to a draft ceasefire proposal for the Gaza Strip, alongside the release of some hostages, according to officials involved in the negotiations. The breakthrough, facilitated by U.S., Qatari, and Egyptian mediators, marks the closest the parties have been to ending 15 months of conflict, which began after Hamas’ October 2023 attack on […]
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The United States Department of Justice (DoJ) has filed charges against three Russian nationals accused of running two cryptocurrency mixers, Blender.io and Sinbad.io, which were used to facilitate money laundering for cybercriminals, including ransomware groups. Key Details of the Charges: The individuals charged are Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachslavovich Tarasov. They […]
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Barrick Gold (NYSE: GOLD), one of the world’s largest gold producers, has suspended operations at its Loulo-Gounkoto mine in Mali after the country’s military-led government seized approximately US$245 million in gold from the site. The move comes amid a deepening dispute over export restrictions, escalating tensions between the Canadian mining giant and Mali’s military junta. […]
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Macquarie Asset Management (MAM), the asset management division of Macquarie Group, has committed to investing up to US$5 billion (A$8 billion) in high-performance computing (HPC) data centres developed by Applied Digital Corporation, a leading US-based technology company. The investment forms part of a strategic financing facility aimed at scaling Applied Digital’s data centre operations. Investment […]
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