Russia is racing to launch a state-controlled “super app,” leveraging regulatory pressure and cyber tactics to undermine competing platforms. Their mission? To consolidate all digital services under strict government control, The New York Times reveals
Browsing: government intervention
Italy’s Economy Minister is standing resolute to safeguard the nation’s “golden powers” amid the EU’s push to tighten restrictions, emphasizing the vital importance of protecting key strategic sectors from foreign takeovers, Reuters reports
In a surprising turn of events, the Dutch government has taken the bold step of seizing control of China-owned chipmaker Nexperia, sparking national security concerns amid escalating tensions in the global tech supply chain, Reuters reports
Argentina’s economy is in turmoil, wrestling with a severe crisis sparked by harsh fiscal cuts and policy missteps. Now, the nation is urgently reaching out to the U.S. for financial aid to stabilize its shaky markets and restore confidence among investors
The Canadian government has taken decisive action to end the Air Canada strike that ground hundreds of flights nationwide, quickly restoring operations and delivering much-needed relief to travelers after nearly a week of widespread chaos
War-weary Russian banks are now urgently seeking state bailouts as a growing mountain of bad loans accumulates under relentless economic pressure. This troubling development shines a spotlight on the deepening financial crisis within Russia’s banking sector, raising serious alarms about its overall stability
As Canada’s auto sector navigates a shifting landscape with its biggest customer exploring new markets, industry experts are rallying behind an ambitious plan. This strategy focuses on revitalizing domestic production, boosting investments in electric vehicles, and enhancing workforce training to ensure a thriving and sustainable future for the industry.
Experts are sounding the alarm about Argentina’s escalating dollar shortage, which could open the floodgates for illegal funds. As the nation wrestles with economic turmoil, authorities find themselves in a tough battle against money laundering and other illicit financial activities
The UK government is set to take emergency control of British Steel amid escalating financial challenges, potentially paving the way for nationalisation. This move aims to safeguard jobs and stabilize the struggling steel industry, sources indicate.
In a significant economic shift, President Javier Milei has announced the end of Argentina’s strict currency controls, known as the “cepo,” following the IMF board’s approval of a US$20-billion bailout. This move aims to restore market confidence amid ongoing financial turmoil.
The Italian government has reduced the asking price for a historic brownstone in New York City that was once owned by fashion icon Calvin Klein. The notable property, which combines luxury living and cultural significance, now presents a unique investment opportunity.











