China’s quest to turn the yuan into a global currency isn’t actually driven by domination. It’s about sanctions.
A recent global survey of 1,660 enterprises showed that many of their trading partners were just unwilling to use the Chinese yuan.
Month: May 2024
Read More
Scholz makes U-turn on allowing Kiev to strike inside Russia – Politico
Olaf Scholz is now in favor of allowing Ukraine to carry out strikes deep into Russian territory, Politico reports Read Full Article at RT.com
The US gave sensitive plans for over 1,000 American weapons to Ukraine, says 2 officials who gave only a cryptic hint as to what they are: report
Two US officials told The New York Times that Washington had transferred the plans and translated them as it helps Ukraine boost domestic production.
‘World’s largest botnet’ taken down as alleged mastermind arrested and $29m in cryptocurrency seized
A Chinese national has been arrested for allegedly being the mastermind behind a huge botnet used to steal billions of dollars.
An ex-banker was sentenced to death in China for taking $151 million in bribes even after he gave tip-offs to authorities
A Tianjin court said Bai Tianhui made "great contributions" to other investigations but wouldn’t receive a lighter sentence.
NATO doesn’t have enough air defenses to protect Eastern Europe from an invasion: report
NATO members have less than 5% of the air defence capabilities it would need to protect Central and Eastern Europe, per the Financial Times.
Goldman’s Beth Hammack has a new job: Cleveland Fed president
Cleveland’s Federal Reserve Bank appointed Beth Hammack, a Goldman Sachs veteran, as its next president.
Rulers in Kiev don’t care about Ukrainian people – Russian FM
The leadership in Kiev is “indifferent” to ordinary Ukrainians, Russian Foreign Minister Sergey Lavrov has said Read Full Article at RT.com
Russia could scrap restrictions on missile deployment – Lavrov
Russia may be forced to ramp up its missile arsenal in response to US policies, Foreign Minister Sergey Lavrov has said Read Full Article at RT.com
Sam Altman is considering turning OpenAI into a regular company: report
Unlike most organizations, OpenAI says it is run as a "capped-profit" company where its for-profit arm is governed by a nonprofit.