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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (188296)	6/2/2022 10:14:32 AM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 217573

Russia restricts export of gas critical to chip production The measure comes in response to EU sanctions targeting technology exports to the country Russia has restricted the export of noble gases, including neon, in an apparent tit-for-tat response to the fifth round of sanctions imposed by the EU in April. The government decree, published on Tuesday, states that through December 31 of this year the export of noble, and others, will be subject to government approval, based on the recommendation of the Ministry of Industry and Trade. Noble or inert gases, such as neon, argon, xenon, and others, are crucial to the semiconductor manufacturing process. Semiconductors are used to make the microchips needed for gadgets, cars, and household appliances. In April, the EU banned exports of semiconductors, machinery and other equipment worth €10 billion to Russia as part of the fifth package of sanctions. According to the newspaper Izvestia, citing its sources in the government, Moscow wants to remind so-called 'unfriendly' countries that they also depend on Russian exports when it comes to semiconductor manufacturing. Russia supplies up to 30% of the neon consumed globally, Izvestia said. rt.com