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XRP declining price
XRP has been under pressure amid the ongoing crypto market correction, with buyers closely watching key support levels. XRP has seen a sharp decline recently, with its price falling over 40% in the last four days. During the mid-London session on February 4, XRP was trading at $2.58 after briefly dropping to $1.77. Analysts have
AWS new budget to outdo Microsoft and Google Spend
Amazon Web Services (AWS) intends to invest $100 billion in ramping up infrastructure for AI cloud services this year, surpassing the spending plans of rivals Microsoft and Google. Amazon’s capital expenditure in the fourth quarter totaled $26.3 billion, the vast majority of it on AI for AWS, demand for AI is so huge that market
Russia to Stabilise Oil Prices
At the moment, major oil companies are allowed to export gasoline but traders and re-sellers are banned from doing so, under a measure originally implemented last March. Russia’s Federal Anti-Monopoly Service may initiate a one-month ban on gasoline exports by large producers in order to stabilise wholesale prices ahead of the crop-sowing season. At the
US-China technology wars
Silicon Valley’s biggest companies are already getting caught up in what could turn into a series of tit-for-tat actions between the world’s two largest economies. President Trump’s trade war with China kicked off on Tuesday, with the White House implementing a 10% tariff on all Chinese goods coming into the US. Apple is taking hits
Russia Opens Criminal Charges against UK diplomat
Relations between Britain and Russia have plunged to post-Cold War lows since the start of the Ukraine war. Britain has joined successive waves of sanctions against Russia and provided arms to Ukraine. Russia has also become involved in an escalating row with France this week over the accreditation of journalists. Russian police have opened a
No Accreditation of Russian Diplomats in UK
Russia and NATO allies have carried out multiple rounds of mutual expulsions. Diplomatic relations have sunk to the lowest levels since the Cold War after the Kremlin sent troops into Ukraine in February 2022. Russian authorities last year ordered a British diplomat to leave the country on allegations of spying. Russia’s Federal Security Service, the
Crashed US Military plane in Philippines
Four people have been killed after a United States military-contracted plane crashed into rice fields in the southern Philippines on Thursday. US Embassy and Philippine officials confirmed the deaths of all on-board the plane near the farming municipality of Ampatuan on Mindanao island.Small numbers of American troops are regularly put on short-term rotational deployments in
Forceful displacement of Gazans by Israel
Israel launched its 15-month siege of Gaza after Hamas, the militant group that governs the enclave, launched a surprise attack on Israel, killing 1,200 Israelis and taking around 250 hostages.Forcibly displacing civilians is a war crime under the Geneva Conventions. Humanitarian organizations have already accused Israel of the intentional displacement of Palestinians, amounting to “ethnic
Mexican Tropps mobilized to Guard US border
A trade war between Mexico and the U.S. would likely have thrown Mexico into a recession, while U.S. consumers would have been hit with higher prices on Mexican imports, including cars and trucks. Hundreds of Mexican soldiers were mobilized on Tuesday to the border with the United States as part of an agreement that halted
Gemini AI Business with Super Bowl
Google is planning a major Super Bowl ad push for its Gemini AI product line,While other companies are leaning on humor or celebrities, Google’s spot is more serious and heart-wrenching. Google is also planning a local Super Bowl push that appears to be without precedent. The company has purchased 30 second ads in all 50