Economy

Silvergate and most recently Silicon Valley Bank (SVB) are two major banks that went under this week. Many in the Bitcoin (BTC) community are currently highlighting the Bitcoin White Paper, as it was created in 2008 in response to the collapse of Lehman Brothers. Banks lost The banking drama began earlier this year when crypto bank Silvergate ran into financial …

A giant screen in Beijing shows re-elected Chinese President Xi Jinping during the National People’s Congress.Image courtesy REUTERS Previously, Chinese presidents were only allowed to serve two terms, but Xi changed this in 2018. A third term as party leader and army chief could see him in power for life. Xi was elected president at the National People’s Congress, the …

China strongly opposes new restrictions on exports of Dutch chip technology to the country. This was stated by the spokesperson of the Chinese Foreign Ministry. It was officially announced on Wednesday that the Cabinet will restrict the export of several machines from chip machine maker ASML to China. According to Minister Liesje Schreinemacher (Foreign Trade), this is necessary for ‘(inter)national …

Silicon Valley Bank headquarters, Menlo Park.The film is solid Supervisor FDIC closed the doors to Silicon Valley Bank (SVB) on Friday. It was the largest bank failure in the United States in more than a decade. The bank was struggling with a massive loss of confidence and was unable to stem the outflow of customer funds as a result. The …

Photo: ANP The European Commission makes it easier for EU countries to support key sectors for the transition to a net-zero-carbon economy. It wants to stimulate investments in the development of clean technologies. A more favorable subsidy climate should deter companies from moving to the US, for example, where billions in ‘green’ subsidies are available. The new measures are temporary …

News Item | 09-03-2023 | 12:22 p.m 6 Obsolescence Protection Plan ChinookTransport helicopters for sale Billings Flying Service out Montana In America. The family business specializes in aerial firefighting. State Secretary Christoph van der Maat writes this to the forum. Enlarge the image Ministry of Defense rejects CH-47D aircraft, now has 20 new aircraft Chinooks CH-47F MYII CAAS type. They …

Minister Liesje Schreinmacher (Foreign Trade) told the House of Representatives on Wednesday that the export of certain machines from Veldoven-based chip machine maker ASML to China was restricted. On Good Morning Netherlands, Foreign Minister Wopke Hoekstra notes that he maintains close contact not only with allies Japan and the United States, but also with other countries on this issue. According …

Brabrand chip machine company ASML has been allowed to export low-end chip machines to China. Minister Liesje Schreinemacher (Foreign Trade) announced this in an exclusive interview with De Telegraaf. “This is a national security issue.” After years of pressure from the US, the cabinet partially restricts exports of Dutch chip machines to China. Where the most recent chip machines are …

Photo: ANP Howard Schultz, CEO of the Starbucks coffee chain, must explain to members of the U.S. House of Representatives about the company’s dealings with union members. The US chain has been accused of cracking down on the formation of unions at its branches, which is prohibited by law. Schultz has promised to answer questions from a panel of senators …

TikTok may not be available in the US soon. President Joe Biden may ban the app. Concerns have been raised about the app since it originated in China, but now two US senators are already working on a bill that would allow the president to ban the video app. TikTok banned Bill is more than TikTok. The idea is that …