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Will Europe and the US reach a common ground on Ukraine?

Around The Globe - Mon, 03/03/2025 - 23:28
European leaders and other allies met in London on Sunday to discuss support for Ukraine.

Trump, Taiwanese chipmaker announce new $100 billion plan to build five new US factories

Technology - Mon, 03/03/2025 - 22:51
WASHINGTON — Chip giant Taiwan Semiconductor Manufacturing Co. announced on Monday plans to make an additional $100 billion investment in the United States and build five additional chips factories in the coming years. TSMC CEO C.C. Wei announced the plan in a meeting at the White House with President Donald Trump. "We must be able to build the chips and semiconductors that we need right here," Trump said. "It's a matter of national security for us." TSMC, the world's largest contract chipmaker, is a leading supplier to major U.S. hardware manufacturers. The $100 billion outlay, which would boost domestic production and make the United States less reliant on semiconductors made in Asia, is in addition to a major prior investment announcement. TSMC agreed in April to expand its planned U.S. investment by $25 billion to $65 billion and to add a third Arizona factory by 2030. With his Nov. 5 election victory largely driven by voters' economic concerns, Trump has stepped up efforts to bolster investments in domestic industries to create jobs. The TSMC announcement is the latest in a string of such developments. In February, Apple said it would invest $500 billion in the next four years. Emirati billionaire Hussain Sajwani and SoftBank also have promised multibillion-dollar investments in the U.S. TSMC said on Monday it looks "forward to discussing our shared vision for innovation and growth in the semiconductor industry, as well as exploring ways to bolster the technology sector along with our customers." The U.S. Commerce Department under then President Joe Biden finalized a $6.6 billion government subsidy in November for TSMC's U.S. unit for semiconductor production in Phoenix, Arizona. Biden signed the CHIPS and Science Act legislation in 2022 to provide $52.7 billion in subsidies for American semiconductor production and research. Taiwan's dominant position as a maker of chips used in technology from cellphones and cars to fighter jets has sparked concerns of over-reliance on the island, especially as China ramps up pressure to assert its sovereignty claims. China claims Taiwan as its territory, but the democratically elected government in Taipei rejects Beijing's sovereignty claims. Under Biden, the Commerce Department convinced all five leading-edge semiconductor firms to locate factories in the U.S. as part of the program to address national security risks from imported chips. Trump's Commerce Secretary Howard Lutnick told lawmakers last month that the program was "an excellent down payment" to rebuild the sector, but he has declined to commit grants that have already been approved by the department, saying he wanted to "read them and analyze them and understand them." A TSMC spokesperson said last month the company had received $1.5 billion in CHIPS Act money before the new administration came in as per the milestone terms of its agreement. TSMC last year agreed to produce the world's most advanced 2-nanometer technology at its second Arizona factory expected to begin production in 2028. TSMC also agreed to use its most advanced chip manufacturing technology called "A16" in Arizona. TSMC has already begun producing advanced 4-nanometer chips for U.S. customers in Arizona. The TSMC award included up to $5 billion in low-cost government loans.  

UEFA Champions League: Real Madrid vs Atletico – team news, kickoff, stream

Around The Globe - Mon, 03/03/2025 - 22:34
Holders Real Madrid entertain Atletico Madrid in the first leg of their last 16 tie in the UEFA Champions League.

Chip giant TSMC plans to spend $100bn to expand US chip manufacturing

Around The Globe - Mon, 03/03/2025 - 22:10
TSMC CEO announced the plan with US president, the latest firm to make investment commitments since Trump took office.

Israel launches air attacks near Syria’s Tartous

Around The Globe - Mon, 03/03/2025 - 20:34
Israel has carried out hundreds of strikes in Syria since former President Bashar al-Assad was toppled in December.

Pope suffers ‘acute’ breathing crises as he battles pneumonia: Vatican

Around The Globe - Mon, 03/03/2025 - 20:33
Medics at Rome’s Gemelli University Hospital administer ‘mechanical ventilation’ after pontiff’s latest health setback.

Sirens blared in German city after car ramming

Around The Globe - Mon, 03/03/2025 - 19:45
Ambulances sounded in the streets of Mannheim after a car rammed into a crowd, killing two and injuring several.

UK says several Ukraine truce options on table after France floats plan

Around The Globe - Mon, 03/03/2025 - 19:05
The Ukrainian president stresses that Kyiv will not be forced into a ceasefire without security guarantees.

Israeli anger at ceasefire delay focused on captives, not Gaza’s aid crisis

Around The Globe - Mon, 03/03/2025 - 18:46
Protesters gathered outside Netanyahu's residence on Sunday, focused on plight of Israeli captives left in Gaza.

Voyeur toilet teacher struck off indefinitely

Education - Mon, 03/03/2025 - 18:26
John Hardie, who was employed as a tutor at schools in Hull, has been banned indefinitely.

Mexico, Canada say prepared as Trump’s tariff deadline looms

Around The Globe - Mon, 03/03/2025 - 18:17
Mexico's president says country is ready for anything ahead of Tuesday deadline, as Canadian officials warn retaliation.

Basic supplies difficult to find amid Gaza aid restrictions

Around The Globe - Mon, 03/03/2025 - 18:10
Accessing food, water, and medicine became nearly impossible due to Israel’s decision to block aid deliveries to Gaza.

Schools to trial social media blackout scheme

Education - Mon, 03/03/2025 - 18:03
Three secondary schools in Surrey want pupils to reduce phone use in a bid to improve their health.

Ukraine’s Security: US Wavers, But Will Europe “Step Up”?

Around The Globe - Mon, 03/03/2025 - 17:12
Scott Lucas, a Birmingham professor, examines the Ukraine-US fallout—can Europe and the world step up to ensure Ukraine’

Pakistani and Afghan forces clash at vital border crossing

Around The Globe - Mon, 03/03/2025 - 16:24
Afghanistan says one member of its security forces is killed and two injured in overnight clashes at Torkham crossing.

Netanyahu’s plan to deprive and rule in Gaza will fail again

Around The Globe - Mon, 03/03/2025 - 15:48
In the face of displacement, homelessness and hunger, Palestinian solidarity has remained unshakeable.

Haifa stabbing attack leaves one Israeli dead

Around The Globe - Mon, 03/03/2025 - 15:35
Video shows a stabbing attack at a Haifa bus station, where a 70-year-old man was killed, and several were injured.

ICC Champions Trophy 2025 – India vs Australia: Start, teams, stream

Around The Globe - Mon, 03/03/2025 - 15:17
Al Jazeera looks at favourites India against Australia in the first semifinal of cricket's Champions Trophy on Tuesday.

At least one killed after car drives into a crowd in Germany’s Mannheim

Around The Globe - Mon, 03/03/2025 - 14:59
Several others injured in incident in western Germany and one person in custody, police spokesperson says.

What is Oscar-winning Israeli-Palestinian film No Other Land about?

Around The Globe - Mon, 03/03/2025 - 14:28
Oscar-winning documentary film No Other Land was a collaboration between Palestinian and Israeli filmmakers.

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