Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (1384348)	12/22/2022 2:33:36 PM
From: Wharf Rat	Respond to of 1583681

Probably the best answer I've ever seen to the question on climate change action "What about China?" China 🇨🇳 is adding more clean energy capacity than these other major blocs put together @doug_parr pic.twitter.com/6Zw5Ckkk1a — Erik Solheim (@ErikSolheim) December 7, 2022 Last year China sold more EVs than the rest of the world put together. Learn more about the rise of EVs here: https://t.co/k5Ms0NzsMn pic.twitter.com/yXLuLDjcKM — World Economic Forum (@wef) February 19, 2022 China Heat Wave day #80:The intense heat is now squeezed in the provinces of Guangxi,Zheijiang and Fujian with temperatures reaching 40.7C at Lishui. Tomorrow the heat will ease but persists in Fujian one more day,ending this historic heat wave,but it might resume in few days. pic.twitter.com/xBoFDzyK1j — Extreme Temperatures Around The World (@extremetemps) August 30, 2022

To: Tenchusatsu who wrote (1384348)	12/22/2022 3:31:33 PM
From: Broken_Clock	1 Recommendation Recommended By D.Austin Respond to of 1583681

"Instead, their only policy is to call out the West's hypocrisy, just like India is doing." but you say they aren't leaving the US umbrealla whoops! MSM finally admits what has been happening since February and before finance.yahoo.com A major driver of those plans was the move by the US and Europe to cut off Russia from the global financial messaging system known as SWIFT. The action, described as a “financial nuclear weapon” by the French, left most major Russian banks estranged from a network that facilitates tens of millions of transactions every day, forcing them to lean on their own, much smaller version instead. That had two implications. First, the US sanctions on Russia stoked concern that the dollar could more permanently become an overt political tool — a concern shared especially by China, but also beyond Beijing and Moscow. India, for example, has been developing its own homegrown payments system that would partly mimic SWIFT. Second, the US decision to use the currency as part of a more aggressive form of economic statecraft puts extra pressure on economies in Asia to choose sides. Without any alternative payments system, they’d run the risk of being compelled into compliance with, or enforcement of, sanctions they may not agree with — and losing out on trade with key partners. “The complicating factor in this cycle is the wave of sanctions and seizures on USD holdings,” said Taimur Baig, managing director and chief economist at DBS Group Research in Singapore. “Given this backdrop, regional steps to reduce USD reliance are unsurprising.”