Germany approves 2025 budget, marking new spending era
Germany's parliament approved on Thursday the nation's first annual budget since sweeping reforms to loosen fiscal rules were passed earlier this year...
Nvidia chief executive Jensen Huang will brief reporters in Beijing on Wednesday, 16 July, his second China trip this year, as Washington’s export bans squeeze the graphics-chip maker’s biggest foreign market.
The company told Reuters on Sunday that Mr Huang will meet the press three months after an April visit in which he called China “indispensable” to Nvidia’s growth. Beijing accounted for $17 billion (about €14.5 billion) in revenue last fiscal year, roughly 13 % of group sales.
Since 2022 the U.S. government has barred exports of Nvidia’s most advanced processors, citing military risks, and in January widened the embargo to include the H20—its most powerful artificial-intelligence chip still cleared for China.
A bipartisan pair of U.S. senators wrote to Mr Huang on Friday urging him not to meet firms linked to China’s military or on Washington’s restricted-entity list during the trip. Nvidia declined to comment on the letter.
Chinese tech champion Huawei and domestic chip start-ups are racing to replace Nvidia’s high-end graphics processing units, yet local companies still prize the firm’s CUDA software ecosystem, analysts say.
Investors appear unshaken: Nvidia’s market capitalisation briefly topped $4 trillion last week, making it the world’s second-most-valuable listed company.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Germany's parliament approved on Thursday the nation's first annual budget since sweeping reforms to loosen fiscal rules were passed earlier this year, securing record investments to revive the economy while committing to an increase in defence spending.
Ukrainian troops and engineers will train their Polish counterparts in a joint group on countering drones, Ukraine's defence minister Denys Shmyhal said on Thursday, a week after Russian drones flew into Poland.
The Ambassador of Afghanistan to Russia, Ghulam Hassan, has met with Zamir Kabulov, Moscow’s Special Envoy for Afghanistan, to discuss deepening ties and regional engagement, the Afghan embassy in Moscow said on Wednesday.
FBI chief Kash Patel told the U.S. Senate on Tuesday there was “no credible information” that Jeffrey Epstein trafficked women or underage girls to anyone but himself, as he defended the bureau’s decision to close its review.
As well as a text message, the suspect accused of assassinating right-wing activist Charlie Kirk in Utah also wrote a physical note message before the shooting that he planned to kill Kirk, FBI Director Kash Patel said on Monday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment