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European businesses ask for two-year delay in introduction of AI law 07/04/2025

The US plans to limit AI chips supply to Malaysia and Thailand 07/07/2025

Nippon Steel to raise $5.6 billion in subordinated loans to acquire US Steel 07/04/2025

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World & Politics

The US plans to limit AI chips supply to Malaysia and Thailand

The government of US President Donald Trump intends to restrict the availability of AI chips to Malaysia and Thailand, according to Bloomberg, which references sources. The proposed document from the US Department of Commerce seeks to block the supply of advanced AI chips from Nvidia Corp. to China...

EC proposes to reduce greenhouse gas emissions by 90% from 1990 levels by 2040

The European Commission proposed changes to the EU climate law, aiming for a 90% reduction in net greenhouse gas emissions by 2040 relative to 1990 levels. According to the communication issued by the European Commission, establishing this target "will instill confidence in investors, foster...

Abnormal heat covers Europe

Several European nations are experiencing very high temperatures, The Guardian reports. 16 departments in France will implement the "red" level, the highest level of weather danger, on Tuesday, while 68 departments will adopt the "orange" level. On Tuesday, temperatures in France are...

German watchdog asks Apple, Google to look into blocking DeepSeek

Berlin's Data Protection Commissioner Meike Kamp has requested that Apple Inc. and Google (a subsidiary of Alphabet Inc.) think about prohibiting the app developed by the Chinese firm DeepSeek, according to CNBC, referencing a statement from the regulatory body. According to Kamp, DeepSeek has not...

US may offer Iran access to $30 billion in civilian nuclear investment

The White House is contemplating measures that might lead Tehran to rejoin nuclear discussions, such as potentially providing Iran access to as much as $30 billion to advance its nuclear sector, though without the capacity to enrich uranium, according to CNN, which cites sources. Four government...

Defence Spending Gamble Fuels NATO’s Show of Unity

In an unprecedented move to mollify the United States and shore up transatlantic solidarity, NATO’s European members have agreed to raise their defence budgets to 5 percent of GDP. The decision, driven by pressure from President Donald Trump and fear of eroding Washington’s commitment, marks a...

NATO countries committed to increasing defense spending to 5% of GDP by 2035

NATO member states pledged to boost defense expenditures to 5% of GDP by 2035, as stated in the communiqué released after the North Atlantic Alliance summit held in The Hague. The document indicates that the rise in defense expenditures is linked to essential security dangers, especially the...

Truce on Precarious Ground as Israel and Iran Exchange Blame

A U.S.-brokered ceasefire between Israel and Iran, announced on June 24, 2025, has brought a temporary halt to one of the most intense confrontations between the two regional rivals in decades. Yet beneath the veneer of calm, a complex web of mutual suspicion, clandestine operations and internal...

Uncertainties Shadow Trump’s Claim of Israel-Iran Truce

In a move that surprised both allies and adversaries alike, President Donald Trump declared last Monday that Israel and Iran had agreed to an immediate ceasefire following a dramatic U.S. bombing campaign on Iranian nuclear facilities. But from the moment the announcement hit social media,...

Iran stops military operations against Israel

Military actions targeting Israel stopped at 4:00 a.m. on Tuesday, Abbas Araghchi, the Iranian Foreign Minister, verified. Araghchi posted on the X social network that the military actions of “our strong armed forces against Israel for its aggressions persisted until the final moment, up to 4...