Money versus Monetary Policy

UK Moves To Ban New North Sea Oil & Gas Licenses Permanently Via City AM, The UK government will introduce legislation banning new North Sea oil and gas exploration licences as part of its Energy Independence Bill. Critics argue the policy will increase Britain’s reliance on imported fossil fuels while damaging Scotland’s oil and gas industry. Rising oil prices and disruptions tied to the Iran conflict have intensified political pressure on Labour to reconsider the ban. The government will make it illegal to grant new oil and gas licences in the North Sea, the King...

Huawei Touts Sanctions-Busting Chip Breakthrough, SMIC Shares Erupt Semiconductor Manufacturing International soared to a record high in China after Huawei unveiled what it described as a breakthrough pathway for advanced semiconductor production at the IEEE ISCAS conference, without relying on the West's most advanced chipmaking equipment. Huawei's semiconductor chief, He Tingbo, told the audience earlier today that the company has developed a "New Semiconductor Path in Practice" that replaces traditional Moore's Law-style geometric scaling with time scaling and reducing signal propagation delay across devices, circuits, chips, and systems. Huawei's press release...

Gaza’s Health Ministry said on Thursday that Israeli attacks in Gaza have killed at least 16 Palestinians and wounded 39 over the previous 48-hour period as the IDF continues its constant violations of the US-backed Gaza ceasefire deal. Israeli attacks included the bombing of a residential building in Gaza City on Wednesday night, which killed […]