Sad (喜)to(闻)hear(乐)that(见).
Gorby was an old friend of the Chinese people. The dissolution of USSR was a great gift.
Sad (喜)to(闻)hear(乐)that(见).
wrong thread.Xiaomi invests in another semiconductor company
Hangzhou Ainuo Semiconductor Co., Ltd. has undergone industrial and commercial changes, and has added a new shareholder, Hubei Xiaomi Changjiang Industrial Fund Partnership (Limited Partnership). It is reported that Aino Semiconductor is committed to the research and development of industrial-grade power chips and SiPs, and is inspired to fill the gaps in domestic industrial-grade power chips and SiP products, serving mid-to-high-end fields such as communications, industry, automobiles, and data centers.
UK inflation may top 22% next year – Goldman Sachs
Inflation in Britain could jump above 22% in 2023 if gas prices continue to grow, Bloomberg reported on Tuesday, citing Goldman Sachs analysts.
The bank’s economists estimate that if prices keep rising, the UK may be forced to hike its energy cap by a further 80% in January, which would in turn push inflation up to 22.4% and cause a 3.4% drop in the country’s GDP.
Moreover, even if energy prices stabilize, analysts say the peak inflation rate will be around 14.8% in January, which is enough to plunge the country into a recession.
According to Bloomberg, investors expect drastic measures from the Bank of England in the coming months to battle inflation, including a key rate hike of up to 4.25% from the current 1.75%.
Goldman Sachs’ inflation forecast tops the previous one made last week by Citigroup, which expects inflation in the UK to surge to 18.6% next year, and the Bank of England’s expectation of 13%.
but.... but............ but............................China. What about muh cold war with China?
I think Lizzy should consider Britain economic status from developed to developing market.
I saw an interesting comment on weibo, apparently two of the three main leaders who signed the Belovezh Accords during the dissolution of the USSR also passed away during the current war in Ukraine.Sad (喜)to(闻)hear(乐)that(见).
Bro I have to handed to her, she is really determine to win this Cold War...lol It's her Thatcher moment.but.... but............ but............................China. What about muh cold war with China?
Boris Rozhin posted this comment on Telegram a few hours ago, probably whoever commented follows Boris on the social network.I saw an interesting comment on weibo, apparently two of the three main leaders who signed the Belovezh Accords during the dissolution of the USSR also passed away during the current war in Ukraine.
Leonid Kravchuk (first president of Ukraine): 10 May 2022
Stanislav Shushkevich (Belarusian Parliament Chairman): 3 May 2022
European support for Ukraine’s battle against Russia could dry up amid the cost of living crisis, Britain fears.
The Telegraph understands that UK diplomats have been travelling to European capitals to make the case against cutting aid to Kyiv.
European governments were said to be increasingly concerned about spending on arms and humanitarian supplies as citizens face rocketing energy prices, according to a source briefed on the talks.
On Tuesday, economists said the eurozone had entered recession, with German businesses in their worst slump for two years.
In an acknowledgement that European support could fracture in the coming months, Josep Borrell, the EU’s top foreign diplomat, on Tuesday said keeping the bloc together was a “day-to-day” struggle.
Vladimir Putin sees “the weariness of the Europeans and the reluctance of their citizens to bear the consequences of support for Ukraine”, he told AFP, adding: “We will have to endure, and spread the costs within the EU.”
The source briefed on talks with European capitals said British envoys had been directed to argue that the cost of allowing Putin to win in Ukraine was greater than that from spiralling bills.
Emmanuel Macron, the French president, on Tuesday promised that Paris would support Ukraine for the “long term”. He has warned citizens that rising inflation and food prices are “the cost of freedom”.
Olaf Scholz, the German chancellor, pledged an extra €500bn euros of weaponry for Ukraine, set to be delivered in 2023.
Writing for The Telegraph, Liz Truss, the Tory leadership front runner, meanwhile pledged to increase intelligence sharing from MI6 if she becomes prime minister.
Senior EU officials nevertheless fear a “crunch point” may be hit in autumn or early winter that will turn domestic opinion against further aid to Ukraine.
Italy holds an election in September that is likely to bring to power a Right-wing coalition including parties historically sympathetic to Moscow.
Some EU nations were said to be considering calling for sanctions on Russia to be loosened to ease pressures on the eurozone economy ahead of a meeting of foreign affairs and defence ministers in Prague next week.
Speaking ahead of his country’s independence day, which coincides with the six-month anniversary of the invasion, Volodymyr Zelensky, the Ukrainian president, warned Western allies against cutting support. “If the world shows fatigue with the war in Ukraine, it will be a big threat to the world,” he said.
July was the first month since the war began in which none of the five largest EU economies – Germany, France, Italy, Poland and Spain – made new pledges of military support.
Britain joined the group of European nations in making no new pledges, but soon afterwards offered to double the number of M270 long-range rocket launchers, the Army’s most advanced missile system, being sent to Kyiv.
Boris Johnson on Tuesday said support for Ukraine must continue until Russia withdraws its forces from Crimea.
“In the face of Putin’s assault, we must continue give our Ukrainian friends all the military, humanitarian, economic and diplomatic support that they need until Russia ends this hideous war and withdraws its forces from the entirety of Ukraine,” the Prime Minister told an international conference.