UK’s energy crisis is all set to worsen the country’s cost of living crisis with winter coming close and an energy price increase due in October inflation levels in the country might break all records. Financial experts at US based Citibank predict the country’s inflation levels will cross 18% in January 2023. The last time […]
Tag: Economy
U.S. Invests Billions to Compete with China Over Microchips
Amid a global shortage of microchips, U.S. president Joe Biden on Tuesday signed into law a multi-billion dollar bill to boost domestic production of semiconductors and research. This law will hope to counter fears that the country is losing its technological edge to China. The Chips and Science Act. provides around $52 billion to promote […]