December 16, 2022

China Trying to Fight Back US Ban on Its Chip Industry

China is spending $143 billion to combat U.S. moves to cut off its supply of semiconductor technology. The funds will be used to provide financial subsidies and incentives to help China’s chipmakers develop and acquire semiconductor technology to withstand the U.S. move. This is one of three measures, analysts say, taken by Beijing to protect semiconductor companies supporting its vast electronics, automotive and military hardware industries. “China views semiconductors as a strategic resource. Therefore, it wants to become self-sufficient in all aspects of advanced chip design and manufacturing,” said Lourdes S. Casanova, director of the Emerging Markets Institute at Cornell


Climate Change Fuels Unprecedented Cholera Increase

The World Health Organization says climate change is behind an unprecedented surge in the number of cholera outbreaks around the world this year. At least 30 countries have reported outbreaks of the deadly disease this year, about a third higher than normally seen. Philippe Barboza, WHO’s team leader for cholera and epidemic diarrheal diseases, said most of the large cholera outbreaks have coincided with adverse climate events and have been visibly and directly affected by them. “Very severe droughts like, for example, in the Horn of Africa, in the Sahel but also in other parts of the world,” he said.


THE OFFICE OF THE PRESIDENT The President meets with Minister for Foreign Affairs and Energy Trade of Hungary

​President George Vella today held a meeting with Péter Szijjártó Minister of Foreign Affairs and Trade of Hungary. Discussions covered a range of issues of a bilateral and regional nature, with a focus on European Union matters. At the outset President Vella, recalled hosting the President of Hungary Katalin Novak in Malta to participate at the Arraiolos meeting held in October. The President termed bilateral relations as excellent, expressing satisfaction at the recent intensification of trade, investment and air connectivity between the two countries.  People-to-people relations have also experienced a positive turn with a sizeable Hungarian community in Malta and