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US seeks to curb investment in Chinese chips, AI and quantum computing

US seeks to curb investment in Chinese chips, AI and quantum computing

© Reuters. FILE PHOTO: U.S. and Chinese flags are seen through broken glass in this illustration taken, January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Karen Freifeld WASHINGTON (Reuters) – New rules under consideration would restrict the flow of U.S. investments and know-how into Chinese companies working on advanced semiconductors, artificial intelligence and quantum computing, a…

Republican Ralph Norman to vote against US debt ceiling bill in committee if not amended

Republican Ralph Norman to vote against US debt ceiling bill in committee if not amended

© Reuters. U.S. Representative Ralph Norman (R-SC) holds up his wallet as he joins Senator Rick Scott (R-FL) and House Freedom Caucus Chairman U.S. Representative Scott Perry (R-PA) for a news conference on the national debt ceiling at the U.S. Capitol in Washington WASHINGTON (Reuters) – Representative Ralph Norman, a hardline conservative Republican, said he…

Brazil’s new fiscal rules stricter than they look, finance ministry official says

Brazil’s new fiscal rules stricter than they look, finance ministry official says

© Reuters. FILE PHOTO: A man walks in front the Central bank headquarters building in Brasilia, Brazil October 4, 2021. REUTERS/Adriano Machado/ BRASILIA (Reuters) – Brazil’s newly introduced fiscal framework is stricter than they appear and will require a discussion of important spending cuts, Gabriel Galipolo, the executive secretary of the Finance Ministry, said on…

South Africa’s central bank flags risks of capital outflows and sanctions

South Africa’s central bank flags risks of capital outflows and sanctions

© Reuters. FILE PHOTO: A street money changer counts South African rand in Harare, May 5, 2016. REUTERS/Philimon Bulawayo/File Photo JOHANNESBURG (Reuters) – South Africa’s central bank has warned of risks to the country’s financial stability, due to capital outflows and the possibility of sanctions following a U.S. diplomat’s accusation of supplying weapons to Russia…