Commentary Never before has the public had access to so much data on a virus and its effects. For two years, data festooned the daily papers. Dozens of websites assembled it. We were all invited to follow the data, follow the science, and observe as scientists became our new overlords, instructing us how to feel,…
The Shadow of War Over CPAC
Commentary The Conservative Political Action Conference (CPAC) began on Feb. 24 in a suddenly changed world. While in not-so-distant times, we might have called it “Red Star Over CPAC”—now, Russia’s Vladimir Putin is not only taking over Ukraine, but also CPAC, where the key morning panel featuring China expert Gordon Chang and foreign policy specialist…
Good Cop, Bad Cop: The Future of the Joint Russia-China Declaration
Commentary With great fanfare, China and Russia announced on Feb. 4 a new strategic partnership, as explained in their Joint Statement of the Russian Federation and the People’s Republic of China on the International Relations Entering a New Era and the Global Sustainable Development—an English version of which was posted on the Kremlin’s official website….
Gold and Palladium Prices Spike on Russian Invasion of Ukraine
February 24, 2022
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Business & Economycommoditieseconomic policieseconomyEuropeGold PricesMarketspalladiumRussia Ukraine invasionRussia-Ukraine WarWorld
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Prices of gold and palladium have increased after Russia invaded Ukraine, driven by supply concerns and investors seeking out a safe haven in the yellow metal. Palladium reached its highest price level since August 2021 on Thursday and is currently trading at $2,636 an ounce. Meanwhile, spot gold reached a peak of $1,973.96, its highest…
ChipMOS Registers 7.6 Percent Revenue Growth in Q4
Outsourced semiconductor assembly and test services provider ChipMOS TECHNOLOGIES Inc. reported a fourth-quarter FY21 revenue growth of 7.6 percent year-on-year to $244.8 million. Revenue decreased by 5.2 percent Q/Q. Net non-operating income grew to $11.5 million, from $5.3 million in Q3 of 2021. Earnings per basic ADS was $1.41, versus $0.68 last year. It held $212.9 million…
Mercedes-Benz to Double EV Sales in 2022, Solidify Supplier Relationship
BERLIN—Mercedes-Benz aims to double its electric vehicle sales in 2022 and expand its electrified car footprint in relevant markets worldwide, Chief Executive Ola Kaellenius said on Thursday in an earnings press conference. Chief Financial Executive Harald Wilhelm listed a series of challenges the carmaker expected to face this year, including uncertain geopolitical developments, the ongoing…
1st Truck Convoy to Reach Washington Area Doesn’t Disrupt Traffic, Heads Home
The first U.S. truck convoy to reach Washington arrived on Feb. 23 but fizzled out without disrupting traffic. Pennsylvania business owner Bob Bolus drove an 18-wheeler to the area and got on the Capitol Beltway, but he was followed by a small number of vehicles and did not disrupt traffic after vowing to shut down…
Eurozone Bank Shares Plunge as Ukraine Crisis Roils Markets
February 24, 2022
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banksBusiness & EconomyCompanieseconomyEuropeInternationalMarketsRussia-Ukraine WarstocksUkraine invasionWorld
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Shares of banks in the eurozone saw sharp declines on Thursday after Russian forces mounted a large-scale offensive against Ukraine and European Union officials announced new sanctions on Moscow. Europe’s banks—especially ones in Austria, France, and Italy—are the world’s most exposed to Russia. In the weeks leading up to the launch of Thursday’s multi-pronged military…
New York City Plans to Install Subway Barriers After Spate of Attacks
Platform doors will be installed at multiple stations in New York City’s subway system after a spate of attacks, including six stabbings, a top transportation official says. The pilot program will see the doors put into place at three stations, including the Times Square station, Metropolitan Transportation Authority Chairman Janno Lieber told NY1. Another effort…
‘God-Given Rights’: What Canada’s Convoy Protesters Were Asking For
The recent nationwide protests against COVID-19 mandates and other restrictions, especially the weekslong one in downtown Ottawa, have largely been characterized by the Liberals and NDP as being racist and hateful, with several politicians implying, without having met with the protesters, that the main premise of the movement was to bring down the government. “What…
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