Fco Patiño OGU
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AI demand drives triple-digit profit growth for Chinese chip foundries SMIC, Hua Hong
Domestic AI Demand Lifts Both Foundries China’s two leading contract chipmakers reported sharp profit growth during the second quarter of 2026. Semiconductor Manufacturing International Corporation and Hua Hong Grace Semiconductor…
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China’s advanced chip supply to surge by 2035 despite equipment bottlenecks, Goldman says
Domestic Supply Is Expected to Outpace Demand China could sharply reduce its advanced-chip shortage during the next decade as domestic foundries expand production. Goldman Sachs projects that supply from processes…
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CIA Chief’s Surprise Moscow Trip Was to Warn Russia Not to Attack NATO
A Direct Warning Delivered in Moscow CIA Director John Ratcliffe made a surprise trip to Moscow to warn Russia against attacking any NATO member. The visit was his first publicly…
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China vows to safeguard interests after ‘Economic D-Day’ sanctions over Iran ties
Washington Broadens Its Sanctions Campaign The United States announced new sanctions against 60 entities, individuals and vessels linked to Iran and its trading partners. The targets include parties in mainland…
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Meta reaches $18 billion settlement with states in landmark trial over teen social media addiction
A Landmark Agreement With Most States The proposed settlement requires Meta to pay up to $18 billion and strengthen protections on Facebook and Instagram. It ends the trial over teen…
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Ministers Turn to Digital Technologies to Strengthen Food Systems and Rural Growth
Technology for a More Resilient Food Supply APEC ministers and senior representatives from 21 economies met in Hangzhou for the 11th APEC Food Security Ministerial Meeting. They focused on using…
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The Warnings That Came Before a War Now Reaching the Six-Month Mark
Warnings Before the February Assault Days before the United States attacked Iran, President Donald Trump asked his intelligence chief whether a full-scale assault would succeed. Senior aides and Israeli Prime…
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New Tanker Strike in Hormuz as Iran Vows Retaliation for U.S. Economic Offensive
A New Strike Intensifies the Maritime Standoff Another oil tanker was struck overnight near the Strait of Hormuz as the economic confrontation between Washington and Tehran intensified. The United Kingdom…
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Trump Sends Nuclear Agreement With Saudi Arabia to Congress
Congress Receives a Landmark Nuclear Accord President Donald Trump submitted a 30-year civilian nuclear agreement with Saudi Arabia to Congress for review. The accord would place American companies at the…
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Washington pushes ‘America first’ agenda in Apec talks ahead of Chinese leader’s visit
An ‘America First’ Message at Apec The latest Apec senior officials’ meeting is taking place in Dalian, China, shortly before Xi Jinping travels to the United States. Washington has pledged…
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Warsh’s Old Forecasts Show How He Formed His Views on Inflation
Origins of His Inflation Framework Origins of His Inflation Framework During his service as a Federal Reserve governor from 2007 to 2011, Kevin Warsh submitted quarterly projections for economic growth,…
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Chinese robots tackle tennis, smash track records at World Humanoid Robot Games
Tennis Demonstration and Expanding Events Galbot presented what it described as the world’s first human-robot tennis match during the opening of the second World Humanoid Robot Games in Beijing. Its…
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How Trump Plans To Silence CNN, Jon Stewart, and John Oliver (the Same Way He Silenced CBS News)
A Proposed Media Empire Robert Reich argues that President Donald Trump could gain an extraordinary ability to suppress criticism through a media empire controlled by his ally Larry Ellison and…
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Canada’s Carney Puts His ‘No Deal Is Better Than a Bad Deal’ Doctrine to the Test
Walking Away From the Deal Mark Carney has put his central negotiating principle with the United States into practice: no agreement is preferable to an unfavorable one. After nearly a…
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Wall Street Is Counting on Nvidia to Keep the AI Party Going
The Company at the Center of AI Nvidia’s upcoming earnings call is a major test for the artificial-intelligence boom. Investors expect Jensen Huang’s comments to reveal the company’s direction. Moreover,…
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Low Rhine Water Levels to Slow German Economy, Bundesbank Says
Rhine Shipping Disruptions Low water levels caused by recent heatwaves are expected to slow Germany’s economic growth in the third quarter of 2026. According to the Bundesbank, limited transport routes…
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How Alliances Survive
The Case Against Pessimism and the Path to a New Allied Order Why the Alliance System Can Endure Donald Trump’s second administration has severely strained relations with U.S. allies by…
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Jon Ossoff Has Jabbed at Trump for Months. Many See a 2028 Audition.
A More Confrontational Political Style Viral speeches attacking President Donald Trump have raised Sen. Jon Ossoff’s national profile while he campaigns for re-election in Georgia. A February speech condemning the…
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Why Treasury Secretary Bessent’s moves to calm the bond market haven’t worked so far
Market Reaction and Treasury Response Interest rates rebounded despite Treasury Secretary Scott Bessent’s attempt to reduce long-term borrowing costs. The yield on the 10-year Treasury note returned to 4.69%, almost…
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Pentagon orders 30 US universities to scrutinise ties with Chinese research partners
Pentagon Orders University Audits The Pentagon ordered 30 US universities to examine their academic, financial and research relationships with foreign institutions considered entities of concern. These reviews cover partnerships with…