Tag: Financial Times

China’s economy is still far out growing the U.S. – contrary to Western media “fake news”

Tina Marie (Ms. Cat)

GDP data for China, the U.S., and the other G7 countries for the year 2023 has now been published. This makes possible an accurate assessment of China’s, the U.S., and major economies performance—both in terms of China’s domestic goals and international comparisons. There are two key reasons this is important.

China’s economy is still far out growing the U.S. – contrary to Western media “fake news”

US tightens rules on AI chip sales to China in blow to Nvidia

Tina Marie (Ms. Cat)

US tightens rules on AI chip sales to China in blow to Nvidia

Nvidia chief executive Jensen Huang told the Financial Times earlier this year that the 2022 controls had left the Silicon Valley company with its “hands tied behind our back” by barring sales of its most advanced chips to China. He has said further restrictions could seriously harm US chipmakers by eating into their ability to finance investment.

Related:

Updated US export controls could cover ASML’s workhorse machine, dealing China’s chip ambitions a heavy blow

China ups export curbs on key EV battery component, safeguarding graphite amid US tensions

Humor in the Headlines Over China in Latin America

Tina Marie (Ms. Cat)

Illustration by Greg Groesch/The Washington Times
“As China arrives with a splash in Honduras, the US wrings its hands”- Washington Post, October 2, 2023

In a break from its hysterical coverage of the existential threat posed by Donald Trump, the Washington Post – house organ of the Democratic National Committee – cautions us of the other menace, China. “When the leader of this impoverished Central American country visited Beijing in June,” we are warned, “China laid out the warmest of welcomes.”

Humor in the Headlines Over China in Latin America

Related (Archived):

The U.S. Defense Department’s Role in the Honduras Coup

Peru Won’t Force Contested Mining Projects on Communities

US Alarmed by China’s Big Steps in America’s Backyard

CBDC Failed: Congress Is Banning CBDC With Massive Support

Tina Marie (Ms. Cat)
Lena Petrova, CPA – Finance, Economics & Tax

Related:

Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

Will Citizens’ Distrust of Government Surveillance Stop CBDCs?

But the eNaira launch came nine months after the CBN effectively banned cryptocurrencies, which were used to fund anti-police brutality protests that swept the country in late 2020. The CBN claimed crypto jeopardized the financial system and could be used to fund terrorism and froze protestors’ bank accounts.

Why Does The Financial Times Care That An Indian Think Tank Is No Longer Tax-Exempt?

Tina Marie (Ms. Cat)
Screenshot from Wikipedia.

The UK’s Financial Times (FT) is attempting to artificially manufacture a scandal after complaining in an article on Sunday about the removal of an Indian think tank’s tax-exempt status last month. The “Centre for Policy Research” (CPR) was one of several organizations last September that were audited by income tax officials, after which its license to raise money abroad was suspended in February. Prior to then, the FT revealed that the CPR received a whopping 75% of its funds from foreign sources.

Why Does The Financial Times Care That An Indian Think Tank Is No Longer Tax-Exempt?

‘Millions’ of sensitive US military emails were reportedly sent to Mali due to a typo

Tina Marie (Ms. Cat)

For over 10 years, millions of emails associated with the US military have been getting sent to Mali, a West African country allied with Russia, due to a typo, according to a report from the Financial Times. Instead of appending the military’s .MIL domain to their recipient’s email address, people frequently type .ML, the country identifier for Mali, by mistake.

‘Millions’ of sensitive US military emails were reportedly sent to Mali due to a typo