Tech

Tech leaders have long predicted a ‘splinternet’ future where the web is divided between the US and China. Trump might make it a reality.

The Trump administration announced a broad plan on Wednesday to block Chinese software from being used on US devices and keep US data off Chinese cloud services. The plan mirrors China’s “great firewall” that prevents people in China from accessing most US websites and apps. While the Trump administration’s announcement […]
Tech leaders have long predicted a ‘splinternet’ future where the web is divided between the US and China. Trump might make it a reality.
News

The UK has abandoned hopes of signing a Brexit trade deal with Trump this year

Boris Johnson’s government has reportedly abandoned hopes of striking a post-Brexit trade deal with the US this year. UK officials no longer think a trade deal will be struck before November’s US presidential election, according to the Financial Times. Officials told the paper that Brexit delays and subsequently the Covid-19 […]
The UK has abandoned hopes of signing a Brexit trade deal with Trump this year
News

Pompeo reportedly hosted dozens of elaborate dinners paid for by American taxpayers — and records showed only 14% of guests were diplomats or foreign officials

Secretary of State Mike Pompeo allegedly spent taxpayer money to host multiple dinners with CEOs, media personalities, conservative politicians, and foreign officials, NBC reported. Officials in the department raised concern when these “Madison Dinners” began in 2018 when Pompeo started in his role as Secretary of State. There were allegedly […]
Pompeo reportedly hosted dozens of elaborate dinners paid for by American taxpayers — and records showed only 14% of guests were diplomats or foreign officials
Markets

Here’s why Trump wants to shut Iran out of the oil market

The US will reimpose oil sanctions against Iran on Monday. Eight countries are set to receive sanctions waivers. But they could still end up squeezing global oil supply. In the wake of President Donald Trump’s withdrawal from the Iran nuclear deal earlier this year, Washington will reinstate more economic penalties […]
Here’s why Trump wants to shut Iran out of the oil market
Markets

6 things Australian traders will be talking about this morning

Good morning. To the scoreboard: Dow: 25,306.83 -144.23 (-0.57%) S&P 500: 2,802.60 -16.22 (-0.58%) AUD/USD: 0.7408 +0.0001 (+0.01%) ASX200 SPI futures (September contracts): 6,224 (-2) 1. US Stocks fell overnight, with the Nasdaq declining for a third-straight session to hit its lowest level since July 6. The big tech companies […]
6 things Australian traders will be talking about this morning