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Billions from Russia’s frozen assets will go to help Ukraine’s military, the EU says
The European Union plan to use as much as $3.25 billion in profits from Russian sovereign assets — frozen by sanctions due to Russia’s war on Ukraine — to fund Ukraine and its military. “Russia must pay for its war damages,” Czech Republic Minister of Foreign Affairs Jan Lipavský said as he shared the monetary…
Nvidia eclipses Microsoft as world’s most valuable company
June 18 (Reuters) – Nvidia (NVDA.O), opens new tab became the world’s most valuable company on Tuesday, dethroning tech heavyweight Microsoft (MSFT.O), opens new tab as its high-end processors play a central role in a scramble to dominate artificial intelligence technology. Shares of the chipmaker climbed 3.5% to $135.58, lifting its market capitalization to $3.335…
Weekly Update by Mark Armstrong – January 19, 2024
Greetings from Tyler, No doubt everybody has seen it. The things you have to do to save the planet! It did make a good visual though, people pushing their battery cars in the snow. Elon Musk is something akin to a genius, but surely he knows that battery technology is no good in sub freezing…
Nigeria says it shared intelligence to support US strikes on ISIS
Trump warned terrorists there would be ‘hell to pay’ if slaughter of Christians continued in Nigeria Nigeria said it shared intelligence with the U.S. ahead of Christmas night airstrikes on ISIS targets in the country. The Nigerian Ministry of Foreign Affairs confirmed on Friday that it was “engaged in structured security cooperation” with other nations,…
Europe Raises Interest Rates; What Will the Fed Do?
The ECB is ‘monitoring current market tensions closely and stands ready to respond as necessary to preserve price stability and financial stability.’ The European Central Bank lifted its key lending rate by 50 basis points Thursday, defying market forecasts that the region’s simmering banking crisis, triggered in part by the failure of Silicon Valley Bank…
Corruption Scandal Roils European Parliament
Belgian prosecutors have charged four people with corruption, money laundering, and participating in a criminal organization. European Parliament Becomes Focus of Corruption Scandal Belgian prosecutors charged four individuals on Sunday for their alleged involvement in a suspected Qatari bribery campaign to influence the European Parliament in a scandal that has rattled European nations. The four…


