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Month: January 2024

Poland spying in Russia

Russia’s Federal Security Service (FSB) on Friday said it had arrested a Russian national, working for a state firm, who it said was planning to pass on sensitive information to Poland. Russian security services have detained a number of foreigners and Russian nationals on allegations of working with foreign intelligence since launching its invasion of

Investing on Semiconductors

A serious shortage of those chips in 2021, underlined how dependent global industry is on a few key suppliers. In particular, Taiwan Semiconductor Manufacturing Company (TSMC) makes 90% of the world’s most advanced semiconductors. It is an industry that has seen a lot of turbulence over the last few years. There’s been disruption to supply

The rise in Oil prices

Oil prices jumped by 4% after the US and UK launched strikes in Yemen over recent attacks by Houthi rebels on ships in the Red Sea. While the price rose, it is below highs reached when Russia invaded Ukraine.  On Friday, Brent Crude – the international benchmark for oil prices for much of the world

Turkey, Romania and Bulgaria to determine their Black sea areas

The Turkish minister of defence, Yaşar Güler, was the one who announced that the agreement on the demining of parts of the Black Sea would be signed by him and his counterparts from Romania and Bulgaria on January 11, 2024, in Istanbul. After more than six months of negotiations, the defence ministers of Romania, Bulgaria

US inflation Raises

While price increases for goods have cooled, as supply bottlenecks from the pandemic clear, the  progress in other areas is proving more difficult. Consumer prices in the US rose again in December, driven by higher costs for housing, medical care, dining out and car insurance. Inflation, the rate at which prices climb, was 3.4% over

The approval of spot Bitcoin exchange-traded funds in the US

ETFs are portfolios that allow investors to bet on multiple assets, without having to buy any themselves. Traded on stock exchanges like shares, their value depends on how the overall portfolio performs in real time. An ETF could comprise a combination of gold and silver bullion, for example, or a mixture of shares in both

Fake news cause Bitcoin price swing

The false post appeared on the SEC’s official X account shortly after 16:00 Washington time (21:00 GMT). It said the regulator “grants approval for #Bitcoin ETFs for listing on all registered national securities exchanges”. The post was immediately picked up and quoted by social media users and business news outlets. The Securities and Exchange Commission

Kaspersky exposes new cyber-threats

The contemporary crimeware landscape is marked by constant evolution, as cybercriminals deploy sophisticated tactics across various platforms to exploit victims. The company research team has uncovered the emergence of three cross-platform threats and reveals three new strategies being employed by cybercriminals using the FakeSG campaign, Akira ransomware, and AMOS macOS stealer. The latest cyber threat

Ugandan President wont bow down to America president

Biden removed Uganda, Central African Republic, Gabon and Niger from the African Growth and Opportunity Act (Agoa), saying they did not meet the requirements to be part of the export deal. In an attempt to deflect international pressure over human rights abuses, Uganda President Yoweri Kaguta Museveni has sought to reassure Ugandans that all was

Microplastics Environmental Pollutants

Every year, about 430 million tons of plastic products are produced around the world  a figure that could triple by 2060. Only around 9% of plastics are actually recycled. The rest is incinerated, goes to landfill or ends up in the environment, where it can take centuries to degrade. But, even then, it never fully