Tag : China

Russia embraces cryptocurrencies to counter sanctions and grow trade

iraqupdate.comDecember 25, 2024December 25, 2024

by iraqupdate.comDecember 25, 2024December 25, 20240136

Russia legalizes Bitcoin for foreign trade, with Finance Minister Anton Siluanov confirming its role in bypassing sanctions and developing decentralized financial systems for global transactions....

US launches investigation into China’s semiconductor industry practices

iraqupdate.comDecember 23, 2024December 23, 2024

by iraqupdate.comDecember 23, 2024December 23, 20240144

The US launched a probe into China’s semiconductor industry over alleged anti-competitive practices, raising concerns about trade policies and supply chain vulnerabilities....

Russia increases daily gold purchases by $92 million

iraqupdate.comSeptember 7, 2024September 7, 2024

by iraqupdate.comSeptember 7, 2024September 7, 20240191

Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s...

China retaliates against Canada with canola investigation amid EV dispute

iraqupdate.comSeptember 3, 2024September 3, 2024

by iraqupdate.comSeptember 3, 2024September 3, 20240206

In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations....

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Typhoon Gaemi wreaks havoc in China’s Fujian province

iraqupdate.comAugust 2, 2024August 2, 2024

by iraqupdate.comAugust 2, 2024August 2, 20240197

Over 766,000 residents impacted, 312,700 evacuated as Typhoon Gaemi devastates Fujian, causing significant economic losses....

China’s cooking oil scandal leads to surge in sales of home oil presses

iraqupdate.comJuly 19, 2024July 19, 2024

by iraqupdate.comJuly 19, 2024July 19, 20240222

Amid a cooking oil safety scandal, sales of home oil presses in China have dramatically increased, reflecting public concern....

Stockpiles grow as China’s oil imports continue to decline

iraqupdate.comJuly 18, 2024July 18, 2024

by iraqupdate.comJuly 18, 2024July 18, 20240204

China ramps up oil reserves, facing a drop in imports and refinery activity, reflecting broader sector challenges....

Ethicists warn of risks in AI griefbots for digital afterlife

iraqupdate.comMay 10, 2024May 10, 2024

by iraqupdate.comMay 10, 2024May 10, 20240217

University researchers caution against unintended consequences of AI griefbots, emphasizing dignity and consent....

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Highway collapse claims 24 lives, injures 30 in China

iraqupdate.comMay 2, 2024May 2, 2024

by iraqupdate.comMay 2, 2024May 2, 20240254

China highway collapse claims 24 lives, injures 30. Rescue efforts mobilized swiftly. Investigation underway to determine cause....

Tim Cook confirms apple’s vision pro headset arrival in China

iraqupdate.comMarch 25, 2024March 25, 2024

by iraqupdate.comMarch 25, 2024March 25, 20240193

Cook's announcement underscores Apple's calculated move into China's tech arena amid intensifying competition and consumer demand....