US CPI Data To Reveal How May Interest Rates Should Be Set

As the US struggles with an economic crisis, the US CPI data will soon forecast how interest rates and economic policies might change for the nation in the upcoming months. With prices rising through the roof, inflation must be slowed. To prevent a recession, this data will guide economists on how to handle finances of …

New insights into gaming disorder: Is it really a thing?

Who doesn’t like playing video games? We’ve all tried our hand at it. But there’s more to this internet gaming than we realize. While initially there was a stigma that playing video games causes aggression, many experts found this an ill-informed perspective. After all, video games are very variable. They can be educational and therapeutic …

The Largest Telecom Deal Canada Has Made Till Date

Canada is one of the countries with the highest cellular prices. Their carrier and internet charges are expensive. This significantly impacts the country’s GDP because it limits interpersonal and B2B communication. In its attempt to make life easier for its citizens, Canada has struck the biggest telecom deal in its history. Ottawa recently approved the …

The ‘Hostile West’ to Face Putin’s New Russian Foreign Policy

Once again, Russian Foreign Policy seems to have set out to ostracize the West. This time, there’s no subtlety. A 42-page document published on the Kremlin’s website said Russia would ‘oppose all neo-colonist forces with hegemonic aims.’ Of course, this dig was directed towards the United States of America. This feud has been going on …

Japan Restricts Semiconductor Exports Amidst the US-China Chip War

Japan recently announced that it would restrict the exports of technological parts like semiconductors. Calling itself a technological nation, they claim to be fulfilling its responsibility toward global peace and stability. Given that we rely on these semiconductors for our daily needs and national security, these new policies can have significant implications for those importing …

Crypto Compared to Gambling and Termed Dangerous by Web Inventor Berners-Lee

The inventor of the World Wide Web (WWW), Tim Berners-Lee, called cryptocurrency ‘dangerous, speculative, and a gamble’ in an episode of CNBC’s Beyond The Valley. As the co-founder of the startup Inrupt, Berners-Lee and John Bruce, have been speaking about reshaping the landscape of the internet. Berners-Lee has expressed his dissatisfaction with how the web …

Oil Prices Soar, Fed Raises Rates as Brent Hits $83.40/bbl

Oil prices climb for various reasons, including supply and demand imbalances, geopolitical tensions, and market speculation. When the demand for oil increases faster than the rate at which it can be produced, prices tend to rise. Conversely, if the supply outpaces the demand, prices may fall. Geopolitical events, such as conflicts in major oil-producing countries, …

US Short Sellers Puzzled at Hindenburg Bet Against Adani

Hindenburg Research’s revelation of a short position in Adani Group has left competing US investors puzzled. With Indian security rules being stringent against foreign investors betting against companies there, US investors wanted a closer look at the mechanics of the trade. So far, Hindenburg’s stance has worked out in their favor, and the Indian conglomerate …

Huawei’s Export License Renewal Halted by the Us

As of January 31, 2023, the Biden administration struck down the renewal of the export license to US companies selling essential components to China’s largest global technology company, Huawei. While the formal announcement regarding a total ban on export to Huawei has not yet been released, sources from the Department of Commerce have confirmed this …

Tesla Plans a US$3.6 Billion Expansion to Nevada for Semi Truck and Battery Cell Production

On January 24, 2023, Tesla announced its plan to take a step in the direction of expansion. The plan involved investing more than US$3.6 billion to expand its Nevada Gigafactory complex with two new factories. One of these factories is finally going to be the site for the mass production of its long-delayed Semi electric …