China | iCloud.Info

Americans are spending less money even as the Chinese spend more. Take a look at the 5 major US companies winning on China's spending spree.

Mon, 05/15/2023 - 05:19

Tech Insider

Customers go shopping at CDF Sanya International Duty Free Mall on March 22, 203 in Sanya, Hainan Province of China. Hainan province will add two methods, namely — Chinese consumers are back and spending.
Luo Yunfei/China News Service/VCG/Getty Images

Retail, International, Tech Insider, China, united states, Starbucks, disney

Dollar dominance is stronger because of sanctions, not weaker, says former Treasury official

Fri, 05/12/2023 - 10:28

Tech Insider : Economy

dollar inflation federal reserve — The US dollar hit 20-year highs this year.
NiseriN/Getty Images

Markets, MI Exclusive, Sanctions, Dollar dominance, China, Russia, economy

Russia's scramble to find microchips for its weapons hints at struggles the US and China could face in a future war

Thu, 05/11/2023 - 18:23

Tech Insider

Russia Kh-101 cruise missile microchip circuit board Ukraine — Components of Russian Kh-101 cruise missiles on display in Kyiv in February.
Oleksii Chumachenko/Anadolu Agency via Getty Images

Military & Defense, International, Ukraine, Russia, China, TSMC, Semiconductors

China's mounting such a strong attack on the dollar's dominance that it's paying for almost all of its Russian oil imports in the yuan

Thu, 05/11/2023 - 06:00

Tech Insider : Economy

Putin/Xi — Chinese President Xi Jinping and Russian President Vladimir Putin.
PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

economy, International, China, Russia, US Dollar, Chinese yuan, De-Dollarization

Russia's oil exports climb to fresh highs despite threats to slash production

Wed, 05/10/2023 - 09:46

Tech Insider

Markets, MI Exclusive, Vladimir Putin, Russia, russia economy, Russian Oil, Sanctions

Biden is trying to lure Saudi Arabia's crown prince away from China with lucrative promises, despite once threatening to make him a 'pariah'

Wed, 05/10/2023 - 09:15

Tech Insider : Politics

Biden and Mohammed bin Salman (MBS) fist bumping. — US President Joe Biden and Saudi Crown Prince Mohammed bin Salman.
Bandar Algaloud/Reuters

politics, Saudi Arabia, China, US, Diplomacy, News UK, Analysis

10 Things in Tech: Amazon is offering money to pick up your order, ChatGPT writes a “Succession” scene, and tips from an OnlyFans creator

Wed, 05/10/2023 - 06:55

Tech Insider

It's already Wednesday. I'm Diamond Naga Siu and I really enjoy writing our newsletters, but Eve Upton-Clark's latest Discourse story has me thinking about side hustles.

Tech Insider, Tech, Newsletters, Newsletter, 10 things in tech, amazon, Astro

The $31 trillion debt-ceiling fiasco could punish markets and it's complicating an already complex economic outlook

Wed, 05/10/2023 - 06:10

Tech Insider

Howdy readers. I'm Phil Rosen, writing to you from New York City.

The Oval Office is no stranger to high drama, but Tuesday's meeting held particular gravity — President Joe Biden met with House Speaker Kevin McCarthy and other congressional leaders to hash out debt-ceiling particulars.

As expected, the rendezvous produced nothing definitive as far as conclusions.

In any case, one outcome that many hold with a high degree of certainty is that financial markets are going to feel pain if the "x-date" bell tolls.