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Beijing has urged local firms to use homemade chips. But is China ready to turn away from Nvidia?
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News and Media
White House official Kevin Hassett warned of mass federal layoffs if government shutdown negotiations with Democrats fail. The shutdown, now in its fifth day, began after Democrats rejected a funding measure, demanding permanent health insurance tax credits and assurances against unilateral spending cuts. No progress is evident, with Democrats criticizing Trump's lack of engagement.
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News and Media
Israel continues its Gaza offensive despite Trump's ceasefire call, even as Hamas accepts key parts of his peace plan. Negotiations are set to begin in Egypt to implement the deal, which includes hostage release and Israeli withdrawal. Gazans await relief, while Israeli markets show optimism, though Netanyahu faces internal pressure over ending the conflict.
Category:
News and Media
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