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USA

US: sales of some AI chips to China blocked as tech crackdown grows

WASHINGTON (Parliament Politics Magazine) – Nvidia, a company that designs computer chips, claimed that US officials ordered it to cease shipping two of the best computing chips for artificial intelligence work to China. This action might seriously impair Chinese companies’ capacity to

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September 1, 2022
World

IMF to grant Sri Lanka $2.9bn provisional loan amidst its debt issues

COLOMBO (Parliament Politics Magazine) – To aid the nation in overcoming its greatest economic crisis since becoming independent from Britain in 1948, Sri Lanka has received a preliminary loan offer from the International Monetary Fund of $2.9 billion (£2.5 billion). The money

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September 1, 2022
Middle East

Qatar: Stadium 974 receives a remarkable 5-star sustainability rating

DOHA (Parliament Politics Magazine) – According to the Global Sustainability Assessment System, the FIFA World Cup venue Stadium 974 received a five-star rating, reported the Qatar News Agency. The venue has a capacity of 40,000-capacity. Prefabricated and modular steel components, which cut

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September 1, 2022
UK Parliament

Conservative leadership race: Sunak and Truss at the last hustings

LONDON (Parliament Politics Magazine) – Tonight at 7 o’clock in London, the final of twelve hustings in the contest to become the next prime minister and leader of the Conservative Party will begin. Liz Truss is the clear favourite to defeat Rishi

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August 31, 2022
UK News

UK: Thousands of pubs could shutdown without support with bills

LONDON (Parliament Politics Magazine) – Without urgent support from the government to lessen the hit from rising energy costs, the beer industry has warned that thousands of pubs face shutdown, endangering jobs in a sector currently struggling to recover from the Covid

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August 30, 2022
USA

NASA: launch of a new Moon rocket of Artemis programme cancelled

WASHINGTON (Parliament Politics Magazine ) – The Space Launch System (SLS), NASA’s large new Moon rocket, has been called off. The 100-metre-tall vehicle’s engine was difficult for controllers to cool down to the proper operating temperature. They had earlier been concerned about

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August 30, 2022
World

India calls China’s actions in Taiwan “militarising the Taiwan Strait”

NEW DELHI (Parliament Politics Magazine) – In a heated exchange of words sparked by a Chinese military ship docking in a contentious Sri Lankan port, India has accused China of “militarising the Taiwan Strait”. The accusation, which the Indian high commission in

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August 29, 2022
Business

Asian stock markets decline on concerns about US interest rates

BEIJING (Parliament Politics Magazine) – After the US central bank chairman declared it would keep raising interest rates to combat rising prices, shares in Asia have dropped. The policies of the Federal Reserve will hurt some businesses and households, Jerome Powell warned. 

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August 29, 2022
UK Parliament

Sunak’s team calls Truss’ plan to cut VAT “regressive and flawed”

LONDON (Parliament Politics Magazine ) – Reports suggest Liz Truss is exploring a “nuclear” option that would reduce the VAT to 15% from 20%. A source, while speaking to Sky News said that Ms. Truss would think about ways to support people,

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August 28, 2022
USA

NASA: Crowds gather to witness Artemis 1 launch to the moon

WASHINGTON (Parliament Politics Magazine) – One of the final and most important test stages before humans go back to the moon for the first time since 1972 when the most powerful space rocket to ever leave Earth takes off from its Florida

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August 28, 2022
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