US Investors Plowed Over $40 Billion into Chinese AI Industry Despite Sanctions, Report Says
From 2015 to 2021, 167 US companies invested roughly $40.2 billion in the Chinese AI industry, according to a recent report by researchers from Georgetown University. American investments accounted for almost 37% of cash injections in this industry in the region for the mentioned period.
In terms of the number of transactions, it turns out that US firms were actually involved in one in five transactions with the Chinese AI sector. The leaders in terms of the number of deals were GGV Capital (43 transactions), Qualcomm Ventures (13 transactions) and Intel Capital (11 transactions), according to the report.
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From 2015 to 2021, 167 US companies invested roughly $40.2 billion in the Chinese AI industry, according to a recent report by researchers from Georgetown University. American investments accounted for almost 37% of cash injections in this industry in the region for the mentioned period.
In terms of the number of transactions, it turns out that US firms were actually involved in one in five transactions with the Chinese AI sector. The leaders in terms of the number of deals were GGV Capital (43 transactions), Qualcomm Ventures (13 transactions) and Intel Capital (11 transactions), according to the report.
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Debt Ceiling Should Be Lifted Without Conditions: White House After Biden, McCarthy Meeting
The White House, following the meeting between US President Joe Biden and House Speaker Kevin McCarthy on the previous day, believes that the debt ceiling should be raised without any conditions as has been the case to date, spokesperson Karine Jean-Pierre said on Thursday.
“[T]he debt ceiling needs to be lifted without conditions, and so we still stand by that. That has not changed. We truly believe it is a constitutional duty of Congress for Republicans, Democrats and independents to get that done as we have seen this done 78 times before since 1960,” Jean-Pierre said during a press briefing.
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The White House, following the meeting between US President Joe Biden and House Speaker Kevin McCarthy on the previous day, believes that the debt ceiling should be raised without any conditions as has been the case to date, spokesperson Karine Jean-Pierre said on Thursday.
“[T]he debt ceiling needs to be lifted without conditions, and so we still stand by that. That has not changed. We truly believe it is a constitutional duty of Congress for Republicans, Democrats and independents to get that done as we have seen this done 78 times before since 1960,” Jean-Pierre said during a press briefing.
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World’s Largest Wealth Fund Loses $170 Billion in Single 'Unusual' Year
Norway’s sovereign wealth fund, colloquially referred to as the Oil Fund and the largest of its kind, has reported a record loss of $170 billion in 2022, citing “very unusual” market conditions.
The monumental loss even eclipsed that recorded in 2008 amid the global financial crisis ($64 billion).
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Norway’s sovereign wealth fund, colloquially referred to as the Oil Fund and the largest of its kind, has reported a record loss of $170 billion in 2022, citing “very unusual” market conditions.
The monumental loss even eclipsed that recorded in 2008 amid the global financial crisis ($64 billion).
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Watch Msta-C self-propelled howitzer combat vehicles in action
During the execution of combat tasks, 152mm Msta-C self-propelled howitzers use fragmentation, fragmentation-incendiary, and highly accurate ammunition in the special military operation.
The Msta-C self-propelled artillery constantly remain in motion. This 24-hour artillery carousel tactic disorients the enemy, forces it to waste its ammunition, reveals the positions of its camouflaged fire points, and most importantly, saves the lives of military personnel.
Fire accuracy is provided by artillery spotters and unmanned aerial vehicle operators.
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During the execution of combat tasks, 152mm Msta-C self-propelled howitzers use fragmentation, fragmentation-incendiary, and highly accurate ammunition in the special military operation.
The Msta-C self-propelled artillery constantly remain in motion. This 24-hour artillery carousel tactic disorients the enemy, forces it to waste its ammunition, reveals the positions of its camouflaged fire points, and most importantly, saves the lives of military personnel.
Fire accuracy is provided by artillery spotters and unmanned aerial vehicle operators.
Subscribe to @SputnikInt
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💭 "Whatever you think of Turkey, whatever you think of Erdogan, they do seem to have a keen sense of putting number one first. I mean, I guess it's Trump's America first policy, except it's Turkey's first. And I don't begrudge any country for looking out for its own interests. And I think that in a way, Ankara is kind of in the catbird seat here because while being a member of NATO, they can veto things that they don't like. They don't need to be dependent on American weapons. They can buy them when they want to. And if we want to boycott them, okay. That's who's cutting off who's nose to spite their face. So I think the Turks are playing their card cards very carefully, maximizing their leverage. And I think a lot of noise and that's all it really is coming from the Senate and the House is just a lot of complaining. That really doesn't go much of anywhere." says Jim Jatras, former US diplomat and former senior foreign policy advisor.
🎧Listen to more of Jim's views in our podcast "Political Misfits"
🎧Listen to more of Jim's views in our podcast "Political Misfits"
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Pentagon Has Confirmed Its Tracking a Suspected Chinese Spy Balloon Over Northern US
Defense Department spokesperson Pat Ryder has detailed that the Pentagon is "tracking a high-altitude surveillance balloon that is over the continental United States right now."
A senior US defense official said Thursday that the ballon "does not present a military or physical threat to people on the ground."
An earlier US media report indicated that officials first spotted the balloon over the US State of Montana, later documenting it over Alaska and Canada.
Experts reportedly reviewed the threat profile of the balloon and presented options to President Joe Biden; however, it was ultimately decided not to recommend shooting it down due to the risk of debris.
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Defense Department spokesperson Pat Ryder has detailed that the Pentagon is "tracking a high-altitude surveillance balloon that is over the continental United States right now."
A senior US defense official said Thursday that the ballon "does not present a military or physical threat to people on the ground."
An earlier US media report indicated that officials first spotted the balloon over the US State of Montana, later documenting it over Alaska and Canada.
Experts reportedly reviewed the threat profile of the balloon and presented options to President Joe Biden; however, it was ultimately decided not to recommend shooting it down due to the risk of debris.
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'Not Your Usual Prisoner': Swan Taken In by Police on British Coast
Cops in a south-west English port city have brought in a rather unusual 'prisoner' — a swan involved in a nighttime road accident.
Officers from Devon and Cornwall Police got an unusual call out on the evening of Wednesday, February 1, regarding a "swan being removed from the harbour by a drunk male."
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Cops in a south-west English port city have brought in a rather unusual 'prisoner' — a swan involved in a nighttime road accident.
Officers from Devon and Cornwall Police got an unusual call out on the evening of Wednesday, February 1, regarding a "swan being removed from the harbour by a drunk male."
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The Council of the European Union announced an additional €545 million ($597 million) in military assistance for the Ukrainian Armed Forces on Thursday under the European Peace Facility (EPF).
"Ahead of the summit between the European Union and Ukraine, the Council today adopted assistance measures under the European Peace Facility (EPF) that provide further military assistance to the Armed Forces of Ukraine. These consist of a seventh package worth €500 million, and a new €45 million assistance measure supporting the training efforts of the European Union Military Assistance Mission (EUMAM Ukraine)," the statement read.
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"Ahead of the summit between the European Union and Ukraine, the Council today adopted assistance measures under the European Peace Facility (EPF) that provide further military assistance to the Armed Forces of Ukraine. These consist of a seventh package worth €500 million, and a new €45 million assistance measure supporting the training efforts of the European Union Military Assistance Mission (EUMAM Ukraine)," the statement read.
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Jim Jatras, former US diplomat and former senior foreign policy advisor commenting on how heavy Western weapons will affect the the Ukrainian conflict on our podcast Political Misfits.
💭 "I don't think they'll make that much difference, especially since, again, it's going to take time for them to get there and their effectiveness on the battlefield, at least according to the authorities I listen to, is not as impressive as it's cracked up to be. What it does do, however, it continues raising the provocation level the Russians to see what exactly their patience is ... Well, here we are directly contributing to the killing of Russian forces, and we expect them to just shrug their shoulders and take it. At some point, what happens when they decide not to take it?"
🎧Listen to more of Jim's views in our podcast "Political Misfits"
💭 "I don't think they'll make that much difference, especially since, again, it's going to take time for them to get there and their effectiveness on the battlefield, at least according to the authorities I listen to, is not as impressive as it's cracked up to be. What it does do, however, it continues raising the provocation level the Russians to see what exactly their patience is ... Well, here we are directly contributing to the killing of Russian forces, and we expect them to just shrug their shoulders and take it. At some point, what happens when they decide not to take it?"
🎧Listen to more of Jim's views in our podcast "Political Misfits"
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Turkish Foreign Ministry Summons Norwegian Ambassador Over Planned Quran Burning
Ankara has summoned the Norwegian ambassador in connection with the planned burning of a Quran on February 3 and expressed its protest, a source in the ministry told Sputnik on Thursday.
The ambassador was summoned after reports of “a planned action to desecrate the Holy Quran on February 3,” the source said.
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Ankara has summoned the Norwegian ambassador in connection with the planned burning of a Quran on February 3 and expressed its protest, a source in the ministry told Sputnik on Thursday.
The ambassador was summoned after reports of “a planned action to desecrate the Holy Quran on February 3,” the source said.
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Berlin Not Excluding Possibility That West Could Scapegoat Russia for Nord Stream, Media Reports
German investigators studying the attack on the Nord Stream gas pipeline do not exclude the possibility that the explosion could have been carried out by a western state in order to scapegoat Russia, a British newspaper reported on Thursday.
Explosions occurred on September 26 at three of the four strings of Nord Stream 1 and 2 underwater pipelines with a capacity to carry a combined annual 110 billion cubic meters of Russian gas to Europe. The incident halted gas deliveries to Germany ahead of the cold season, prompting a gas price hike.
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German investigators studying the attack on the Nord Stream gas pipeline do not exclude the possibility that the explosion could have been carried out by a western state in order to scapegoat Russia, a British newspaper reported on Thursday.
Explosions occurred on September 26 at three of the four strings of Nord Stream 1 and 2 underwater pipelines with a capacity to carry a combined annual 110 billion cubic meters of Russian gas to Europe. The incident halted gas deliveries to Germany ahead of the cold season, prompting a gas price hike.
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‼️The Russian military has taken the city of Ugledar in the Donetsk People's Republic (DPR) in a semicircle and is liberating the city as they did in the city of Artemovsk, Igor Kimakovsky, adviser to acting DPR head Denis Pushilin, has told Sputnik.
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State Dept: Biden White House Backs Sale of F-16s to Turkey But Congress Must Be Onboard
The US State Department supports the sale of F-16 fighter jets to Turkey, but Congress has to also be on board since it is not solely up to the department to decide on the issue, spokesperson Ned Price said.
Price added that the State Department will continue to look for ways to deal with the issue of F-16 jets for Turkey together with Congress.
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The US State Department supports the sale of F-16 fighter jets to Turkey, but Congress has to also be on board since it is not solely up to the department to decide on the issue, spokesperson Ned Price said.
Price added that the State Department will continue to look for ways to deal with the issue of F-16 jets for Turkey together with Congress.
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Survey: 40% of Millennials Have at Least One of Their Monthly Bills Paid for by Their Parents
At least 2/5 of millennials say their parents are paying for one or more of their monthly bills. The most common of which is housing. At least 24% of millennials receive help from their parents for rent while 17% get help with their mortgage.
A new survey conducted by OnePoll on behalf of Chartway Credit Union found that American adults between the ages of 26 and 41 are receiving some form of help from their parents.
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At least 2/5 of millennials say their parents are paying for one or more of their monthly bills. The most common of which is housing. At least 24% of millennials receive help from their parents for rent while 17% get help with their mortgage.
A new survey conducted by OnePoll on behalf of Chartway Credit Union found that American adults between the ages of 26 and 41 are receiving some form of help from their parents.
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Finns Ready for NATO Without Sweden While PM Promises 'Hand in Hand' Accession
The majority of Finns are ready to join NATO without Sweden, according to a survey commissioned by the Finnish daily newspaper Ilta-Sanomat and the Finnish opinion institute Taloustutkimus.
53 percent of the respondents answered that Finland's NATO accession must not depend on neighboring Sweden's timetable. By contrast, merely 28 percent said that Finland should join NATO at the same time as Sweden, while 19 percent had no opinion on the matter.
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The majority of Finns are ready to join NATO without Sweden, according to a survey commissioned by the Finnish daily newspaper Ilta-Sanomat and the Finnish opinion institute Taloustutkimus.
53 percent of the respondents answered that Finland's NATO accession must not depend on neighboring Sweden's timetable. By contrast, merely 28 percent said that Finland should join NATO at the same time as Sweden, while 19 percent had no opinion on the matter.
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Scholz: Berlin Carefully Weighs All Arms Deliveries to Kiev in Bid to Prevent Russia-NATO Escalation
German Chancellor Olaf Scholz said on Thursday that Berlin, when deciding on military aid for Ukraine, carefully considers all the decisions not to go too far and prevent an escalation between Russia and NATO.
"All our steps we carefully considered... We have been thinking about how to prevent escalation... to prevent the war from turning into a war between Russia and NATO. Otherwise, it would have been terrible. Therefore, we are all doing and are responsible for making sure that such escalation does not happen," Scholz told a meeting with German nationals in Marburg town in the state of Hesse when asked about Berlin's decision not to send fighter jets and German soldiers to Kiev to prevent escalation with Russia.
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German Chancellor Olaf Scholz said on Thursday that Berlin, when deciding on military aid for Ukraine, carefully considers all the decisions not to go too far and prevent an escalation between Russia and NATO.
"All our steps we carefully considered... We have been thinking about how to prevent escalation... to prevent the war from turning into a war between Russia and NATO. Otherwise, it would have been terrible. Therefore, we are all doing and are responsible for making sure that such escalation does not happen," Scholz told a meeting with German nationals in Marburg town in the state of Hesse when asked about Berlin's decision not to send fighter jets and German soldiers to Kiev to prevent escalation with Russia.
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📌 LIVE UPDATES: One Person Killed by Terrorist Attack in Energodar, Zaporozhye Region
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Forwarded from Sputnik Africa
🇷🇺 🇨🇫 CAR's Army Defeated Most Armed Groups With the Support of Russian Instructors, Ambassador Says
The military of the Central African Republic (CAR), with the support of Russian military instructors, has defeated most of the illegal armed groups in the country, Russian Ambassador to CAR Alexander Bikantov has told Sputnik.
🗣 "As for the illegal armed groups, as a result of the successful defensive actions of the CAR army with the support of Russian instructors, most of the gang formations have been defeated and have essentially turned into small criminal groups engaged in looting and violence. Their leaders remain abroad," Bikantov said.
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The military of the Central African Republic (CAR), with the support of Russian military instructors, has defeated most of the illegal armed groups in the country, Russian Ambassador to CAR Alexander Bikantov has told Sputnik.
🗣 "As for the illegal armed groups, as a result of the successful defensive actions of the CAR army with the support of Russian instructors, most of the gang formations have been defeated and have essentially turned into small criminal groups engaged in looting and violence. Their leaders remain abroad," Bikantov said.
Read the full story!
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Sputnik International
Pentagon Has Confirmed Its Tracking a Suspected Chinese Spy Balloon Over Northern US Defense Department spokesperson Pat Ryder has detailed that the Pentagon is "tracking a high-altitude surveillance balloon that is over the continental United States right…
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🇨🇳🇺🇸🗣“The ballon cannot belong to China” or “So… why hasn’t it been shot down? This is our airspace”
🤔 Social media users reacted differently to a suspicious balloon hovering over the United States, with some of them expressing curiosity while others are worried about the ongoing event.
👀 The US military has been watching a reconnaissance balloon for several days, which they say belongs to China. The Pentagon said the balloon has flown over a number of secret US facilities.
▪️ The country's authorities decided not to shoot down the balloon ”because of the possible risks to people”.
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🤔 Social media users reacted differently to a suspicious balloon hovering over the United States, with some of them expressing curiosity while others are worried about the ongoing event.
👀 The US military has been watching a reconnaissance balloon for several days, which they say belongs to China. The Pentagon said the balloon has flown over a number of secret US facilities.
▪️ The country's authorities decided not to shoot down the balloon ”because of the possible risks to people”.
Subscribe to @SputnikInt
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Sputnik International
🇨🇳🇺🇸🗣“The ballon cannot belong to China” or “So… why hasn’t it been shot down? This is our airspace” 🤔 Social media users reacted differently to a suspicious balloon hovering over the United States, with some of them expressing curiosity while others are…
Is this really a Chinese reconnaissance balloon?
Anonymous Poll
14%
Apparently this is really a Chinese reconnaissance ball
51%
So far, there is too little evidence to draw conclusions
28%
Looks like some kind of secret American technology
7%
Own answer (in comment section)
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Norway Preparing for Its Largest Military Drill of the Year
Preparations are underway for the international drill Joint Viking, billed as this year’s highlight for Norway, as some 750 soldiers from the US Marine Corps as well as Dutch and UK forces are already in place.
The biennal international exercise Joint Viking includes land, navy, and air forces, as well as allied contributions. This year's edition is expected to host a total of 10,000 Norwegian and allied soldiers.
Learn more
Preparations are underway for the international drill Joint Viking, billed as this year’s highlight for Norway, as some 750 soldiers from the US Marine Corps as well as Dutch and UK forces are already in place.
The biennal international exercise Joint Viking includes land, navy, and air forces, as well as allied contributions. This year's edition is expected to host a total of 10,000 Norwegian and allied soldiers.
Learn more
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