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IEA: Russian Oil Revenues Sharply Down Due to Sanctions
Russia's revenues from oil and petroleum products exports fell sharply in February under pressure from Western sanctions against the Russian oil industry over the war in Ukraine. This is reported by the International Energy Agency (IEA) in…
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No News in Greece for 24 Hours as a Protest Against Train Disaster
Greek journalists are on strike for 24 hours to protest the train crash that recently killed 57 people. The unions demand a thorough investigation into the circumstances of the crash.
Instead of the news, the media broadcast old…
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Samsung Invests 300 Trillion Won in Korean Chip Hubs
Samsung wants to invest 300 trillion won in chip production over the next twenty years. These are part of the larger plan to turn the country into a semiconductor hub.
The massive investment mainly goes to constructing five chip…
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Microsoft is Integrating ChatGPT into Azure OpenAI Service as a Preview
Writing robot ChatGPT is now also available in Microsoft Azure OpenAI Service preview. The service gives customers access to AI models such as Dall-E 2, GPT-3.5 and Codex that use Azure.
The availability of ChatGPT in Azure OpenAI…
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Moody’s Considers Downgrading US Regional Bank Credit Rating
Credit bureau Moody's is investigating whether it should lower the credit ratings of six regional US banks. The move follows the turmoil in the banking system caused by the American Silicon Valley Bank (SVB) collapse.
First…
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Iranian Court Pardons 22,000 People Who Participated in Protests Recently
The Iranian court has pardoned 22,000 people who participated in widespread protests in Iran in the past six months. This is reported by the state news agency IRNA. However, it is unclear whether all those people have already been released.…
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Ministers: Problems of Banks in the US Not a Danger to the Eurozone
French Finance Minister Bruno Le Maire says the bankruptcies of US banks Silicon Valley Bank (SVB) and Signature Bank do not threaten French financial institutions.
The German financial regulator BaFin issued a similar reassuring…
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Thousands of Spaniards Protest Against Abortion in Madrid
Thousands of people took to the streets in the Spanish capital Madrid on Sunday to protest against abortion. The reason is the approval of a law in the Spanish parliament that broadens access to abortion.
Carrying green balloons…
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