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The U.S.-China-Israel Technology Triangle | Council on Foreign Relations
Danit Gal is a consultant and researcher focusing on technology ethics, governance, safety, security, and strategy. Since the 1980s, Israel has carefully walked the U.S.-China technology tensions tightrope, trying to balance its commercial and security interests with the two great powers. The growing dual-use nature of technology threatens to overthrow Israel’s careful efforts to expand …
A Fed interest rate cut is in the bag. What then?
SAN FRANCISCO (Reuters) – U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That’s the easy part. FILE PHOTO: Federal Reserve Board Chairman Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on …
How technology could help solve the caregiver shortage for seniors
Young people may roll their eyes at older people who can’t use technology as fast as they do, but it’s wrong to say that older Americans can’t use technology. Remember, a baby boomer, Tim Berners-Lee, invented the World Wide Web, so why should we be surprised that they continue to create, adopt and use new …
The world can’t get enough of the $100 bill
Back in 2017, with the stock market fresh off its best January performance in years, the $100 bill emerged as the most widely circulated currency in the world, overtaking the $1 bill for the first time ever. Two years later, as you can see by this “chart of the week” from the International Monetary Fund, …
Alibaba welcomes U.S. small businesses to sell globally on its platform
NEW YORK (Reuters) – Chinese e-commerce giant Alibaba Group Holdings Ltd (BABA.N) will now allow small businesses in the United States to sell on Alibaba.com, the company said on Tuesday, an effort to tap into the business-to-business e-commerce market and fend off fierce competition from rivals like Amazon.com Inc (AMZN.O). FILE PHOTO: A logo of …
China tells U.S. to remove ‘black hands’ from Hong Kong
FILE PHOTO: Anti-extradition demonstrators run from tear gas after a march of to call for democratic reforms, in Hong Kong, China July 21, 2019. REUTERS/Tyrone Siu/File Photo BEIJING (Reuters) – China accused U.S. officials on Tuesday of being behind violent protests in Hong Kong and advised them to remove their “black hands” from the territory. …
Frenzied debut of China’s Nasdaq-style board adds $44 billion in market cap
SHANGHAI (Reuters) – Trading on China’s new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild debut that more than doubled the board’s combined market capitalization and beat veteran investors’ expectations. Sixteen of the first batch of 25 companies – ranging from chip-makers …
Factbox: Strait of Hormuz: the world’s most important oil artery
(Reuters) – Iran’s ambassador to Britain warned against escalating tensions on Sunday, a day ahead of an expected response from the UK which could include fresh sanctions on Tehran or other steps after its seizure of a British-flagged oil tanker. Britain has called the capture of the Stena Impero in the Strait of Hormuz on …
Iran says it seized tanker after collision, UK fears ‘dangerous path’
GENEVA/LONDON (Reuters) – Iran said on Saturday it seized a British-flagged oil tanker because it was involved in an accident, but Britain’s foreign minister said he feared Tehran was taking “a dangerous path” and other major European powers expressed alarm. Undated handout photograph shows the Stena Impero, a British-flagged vessel owned by Stena Bulk, at an undisclosed location, obtained by Reuters on …
Breaking up big tech would be a big mistake
JOHN THYS/AFP/Getty Images EU Commissioner of Competition Margrethe Vestager speaks to reporters after slapping Google with an antitrust fine in March 2019. Congress, with some goading from their competitors, appears eager to apply antitrust enforcement to Facebook FB, -1.21% …