The development of AI
Japan to invest another 54 billion in chip investment
The Japanese government will invest an additional 54 billion kronor in the semiconductor company Rapidus, which it wants to manufacture the next generation of chips in the country from 2027. This is reported by AFP.
Securing leading technology in chips has become a national concern, as it wants to regain the role as a leader in the industry that the country had in the 80s, the news agency writes.
The hope is that Rapidus will be able to mass produce chips with transistors of two nanometers, which other giants such as TSMC and Intel are already competing to be able to do.
- Japan is more than a decade behind the others, it will require enormous resources to catch up, said Rapidus chairman Tetsuro Higashi in an AFP interview last year.
The new space race
Crypto investors pay for Space X route over the poles
The first manned space flight over both poles of the Earth is expected tonight, writes Bloomberg. The expedition is being led by Space X, which will launch a Falcon 9 rocket funded by crypto investor Chun Wang.
For three to five days, four astronauts will fly over the North and South Poles to research how space travel affects human health.
– I look forward to becoming the first person in history to point a camera at both the North and South Poles from space, says one of the astronauts, Norwegian filmmaker Jannicke Mikkelsen.
Trump's USA Tariffs
Trump's message: "The new tariffs apply to all countries"
Donald Trump announces that the tariffs he plans to introduce this week will include all countries – not just those with large trade imbalances.
– We'll start with all countries, and we'll see what happens, the American president told reporters aboard Air Force One.
The new tariff plan, which is expected to be presented on Wednesday, follows previous tariffs on, among other things, steel, aluminum, cars and all goods from China.
Trump is also threatening so-called secondary tariffs against buyers of Russian oil, after Vladimir Putin suggested that Ukraine should be governed by a “transitional administration” until the next elections.
Northvolt bankruptcy
Magdalena Andersson: Bad for all of Europe
The mass layoffs at Northvolt are a serious situation for Sweden and all of Europe, says the Social Democrats’ party leader Magdalena Andersson to DI during a press conference.
She also says that it is important that Sweden manages to capture the expertise in the battery area that has been gathered in Skellefteå, among others.
– If it were to spread like wildfire, it would be bad for all of Europe.
Food prices
Food prices continue to rise: The worst is behind us
Food prices continue to rise, according to new forecasts from Nordea and Swedbank. However, economists believe that the biggest rise is over.
– They will probably rise a little more, but the big rise is behind us, says Swedbank's head of forecasting Andreas Wallström to TT.
Nordea expects a monthly rise of 0.7 percent in March and an increase of 5.3 percent on an annual basis. It is a significant increase, emphasizes the bank's chief analyst Torbjörn Isaksson.
– However, far from the almost 20 percent that we saw the other day.
The price increases are now mainly concentrated in individual goods such as coffee, unlike the broad rise in 2022. The strengthened krona and low energy prices are believed to contribute to a more stable price development going forward.
Japan to invest another 54 billion in chip investment
The Japanese government will invest an additional 54 billion kronor in the semiconductor company Rapidus, which it wants to manufacture the next generation of chips in the country from 2027. This is reported by AFP.
Securing leading technology in chips has become a national concern, as it wants to regain the role as a leader in the industry that the country had in the 80s, the news agency writes.
The hope is that Rapidus will be able to mass produce chips with transistors of two nanometers, which other giants such as TSMC and Intel are already competing to be able to do.
- Japan is more than a decade behind the others, it will require enormous resources to catch up, said Rapidus chairman Tetsuro Higashi in an AFP interview last year.
The new space race
Crypto investors pay for Space X route over the poles
The first manned space flight over both poles of the Earth is expected tonight, writes Bloomberg. The expedition is being led by Space X, which will launch a Falcon 9 rocket funded by crypto investor Chun Wang.
For three to five days, four astronauts will fly over the North and South Poles to research how space travel affects human health.
– I look forward to becoming the first person in history to point a camera at both the North and South Poles from space, says one of the astronauts, Norwegian filmmaker Jannicke Mikkelsen.
Trump's USA Tariffs
Trump's message: "The new tariffs apply to all countries"
Donald Trump announces that the tariffs he plans to introduce this week will include all countries – not just those with large trade imbalances.
– We'll start with all countries, and we'll see what happens, the American president told reporters aboard Air Force One.
The new tariff plan, which is expected to be presented on Wednesday, follows previous tariffs on, among other things, steel, aluminum, cars and all goods from China.
Trump is also threatening so-called secondary tariffs against buyers of Russian oil, after Vladimir Putin suggested that Ukraine should be governed by a “transitional administration” until the next elections.
Northvolt bankruptcy
Magdalena Andersson: Bad for all of Europe
The mass layoffs at Northvolt are a serious situation for Sweden and all of Europe, says the Social Democrats’ party leader Magdalena Andersson to DI during a press conference.
She also says that it is important that Sweden manages to capture the expertise in the battery area that has been gathered in Skellefteå, among others.
– If it were to spread like wildfire, it would be bad for all of Europe.
Food prices
Food prices continue to rise: The worst is behind us
Food prices continue to rise, according to new forecasts from Nordea and Swedbank. However, economists believe that the biggest rise is over.
– They will probably rise a little more, but the big rise is behind us, says Swedbank's head of forecasting Andreas Wallström to TT.
Nordea expects a monthly rise of 0.7 percent in March and an increase of 5.3 percent on an annual basis. It is a significant increase, emphasizes the bank's chief analyst Torbjörn Isaksson.
– However, far from the almost 20 percent that we saw the other day.
The price increases are now mainly concentrated in individual goods such as coffee, unlike the broad rise in 2022. The strengthened krona and low energy prices are believed to contribute to a more stable price development going forward.
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