Foreign Police

Globally critical chip firm drives rift between US and Netherlands over China tech policy

Globally critical chip firm drives rift between US and Netherlands over China tech policy

Dutch Prime Minister Mark Rutte speaks with US President Joe Biden. The United States pressured the Netherlands to block exports of high-tech semiconductor equipment to China. The Netherlands is home to ASML, one of the most important companies in the global semiconductor supply chain. Suzanne Walsh | AFP | Getty Images Washington has its sights …

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Russian oil sanctions are about to come into effect.  And they could significantly disrupt the markets

Russian oil sanctions are about to come into effect. And they could significantly disrupt the markets

European oil sanctions are due to come into force on December 5. The idea is to reduce Russia’s oil revenues given its war in Ukraine. Andrei Rudakov | Bloomberg | Getty Images Upcoming sanctions on Russian oil could be “really disruptive” for energy markets if European countries fail to set a cap on prices, analysts …

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Singapore minister says country will not take sides as there is no win-win scenario in a fractured world

Singapore minister says country will not take sides as there is no win-win scenario in a fractured world

Singapore will not take sides in geopolitical disputes and will instead take pro-rule of law stances, the country’s Education Minister Chan Chun Sing said in his keynote address at the Morgan Stanley Asia-Pacific Summit on Wednesday. Singapore. He said the world should remain interdependent despite breaking pressures, because any kind of divide would make individual …

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India, Mexico and Southeast Asia will benefit from 'the great diversification', says Australian Kevin Rudd

India, Mexico and Southeast Asia will benefit from ‘the great diversification’, says Australian Kevin Rudd

Kevin Rudd, former Prime Minister of the Commonwealth of Australia and President of the Asia Society Policy Institute Leigh Vogel | Getty Images For companies seeking to diversify into new markets – especially given the geopolitical risks surrounding China – India, Southeast Asia and Mexico are prime candidates, the former prime minister said on Sunday. …

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Europe shows united front against Biden's Cut Inflation Act, says it threatens industry

Europe shows united front against Biden’s Cut Inflation Act, says it threatens industry

German Federal Finance Minister Christian Lindner (L) and French Economy, Finance and Recovery Minister Bruno Le Maire (R) both criticized the US Inflation Reduction Act for discriminating against towards European companies. Thierry Monasse | Getty Images News | Getty Images EU member states are strongly opposed to President Joe Biden’s Cut Inflation Act, fearing it …

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