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The U.S. Just Lost 26 Years’ Worth of Progress on Life Expectancy “Basically, all the gains between 1996 and 2019 are as if they never happened,” says Elizabeth Arias, director of the U.S. life table program at the NCHS and co-author of a report on the new data. https://www.scientificamerican.com/article/the-u-s-just-lost-26-years-worth-of-progress-on-life-expectancy/

Without the agents the site would be 80% empty, it is fun to watch they. it is good entertainment

Do you think it was released by a Communist country?

And they printed the Euros themselves so the money was not going to Uncle Sam

I am old I used to play Pac-Man in arcades in my youth

Intel (INTC) was down 56%; Micron (MU) was down 50%; Nvidia (NVDA) was down 69% (its products having been directly targeted by the Biden administration); and AMD (AMD) (also directly targeted) was down 67%. Among US semiconductor equipment companies: Applied Materials (AMAT) was down 57%; Lam Research (LRCX) was down 59%; and KLA (KLAC) was down 45%. Outside the United States, ASML (ASML) of the Netherlands was down 59% from 52-week high to 52-week low. Japanese equipment makers Tokyo Electron (TYO 8035) and Screen Holdings (TYO 7735) were down 50% and 44%, respectively. Japanese semiconductor makers Renesas (TYO 5723) and Rohm (TYO 6963) were down only 27% and 28%, but they focus on automotive and industrial semiconductors, not the artificial intelligence and high-performance computing devices that obsess the Biden administration. Their 52-week lows were last March. SMIC (HKG 0981), China’s top IC foundry, was down 40% while TSMC (TPE 2330) was down 43% – a relatively strong performance under the circumstances.

SINGAPORE—American workers hold key positions throughout China’s domestic chip industry, helping manufacturers develop new chips to catch up with foreign rivals. Now, those workers are in limbo under new U.S. export control rules that prohibit U.S. citizens from supporting China’s advanced chip development. At least 43 senior executives working with 16 publicly listed Chinese semiconductor companies are American citizens, according to an examination of company filings and official websites by The Wall Street Journal. Many of them hold C-suite titles, from chief executive to vice president and chairman. Almost all of the executives moved to China’s chip industry after spending years working in Silicon Valley for U.S. chip makers or semiconductor equipment firms, according to the companies’ filings. Their work histories reflect the free flow of talent across companies and borders over the years. Some were drawn to China through initiatives including the country’s “Thousand Talents” program, which was introduced in 2008 by the Chinese government to boost research standards. The Commerce Department this month imposed export controls over an array of chips and chip-making technology, marking the U.S.’s biggest salvo against China’s tech industry so far. In a rare move that caught the industry off guard, it also sought to restrict the use of American know-how by barring U.S. persons from supporting China’s advanced chip development or production without a license. The department defines U.S. persons to include U.S. citizens, permanent residents, people who live in the U.S., and American companies. everal companies, including Beijing-based Naura Technology Group Co. and Dutch equipment maker ASML Holding NV, have suspended their American employees from continuing work that could now be restricted while they seek clarity on the rules, the companies have said. Restricting Chinese companies’ access to U.S. talent delivers a direct blow to the heart of China’s attempt to move up the technology chain, said Dane Chamorro, a Washington, D.C.-based head of global risk and intelligence at business consulting firm Control Risks. “The technology is nothing without the people there to make it work,” he said. For many senior executives at Chinese companies, the rule will likely force them to decide between their jobs and their U.S. citizenship or permanent resident status, Mr. Chamorro said. The rules require all U.S. persons to apply for a license to continue working in Chinese advanced chip development. Among prominent U.S. executives in China is Gerald Yin, founder and chairman of Advanced Micro-Fabrication Equipment Inc., or AMEC, one of China’s largest chip-making equipment vendors. He and six current senior managers and core researchers at AMEC are American citizens, according to the company’s website and its latest annual report. Mr. Yin, whose company is listed on the Shanghai Stock Exchange, spent almost 20 years working at Silicon Valley companies including Intel Corp. and Applied Materials Inc., where he was chief technology officer of its Asian unit before he left to found AMEC. The Shanghai-based company, which makes etching machines key to turning silicon wafers into semiconductors, is viewed as a rising national champion in the sector, though it still lags behind global leaders such as Lam Research Corp. and Applied Materials. In its latest annual report, the company said it received more than $50 million in subsidies from the Chinese government in 2021. AMEC and Mr. Yin didn’t respond to requests for comment. Other companies that face being affected include Chinese flash memory chip designer GigaDevice Semiconductor Inc., an up-and-coming designer of flash chips used in automobiles and personal computers. GigaDevice’s deputy chairman, Shu Qingming, and a director, Cheng Taiyi, hold U.S. passports, the company’s latest annual report says. GigaDevice didn’t respond to requests for comment. KingSemi Co., which produces the most advanced coating and development equipment in China and supplies giants including Taiwan Semiconductor Manufacturing Co., told investors that it is assessing the impact of the new directives. An executive director, Chen Xinglong, holds a U.S. green card, the company’s latest annual report says.

Korea Inc. faces an uphill battle as a push in the United States for economic security is taking its toll on companies dependent on China for manufacturing or for the supply of materials and components. The U.S. is passing laws and enacting executive orders to bring the manufacturing of products important to national interest back to U.S. soil. Chips, batteries, electric vehicles(EV), solar cells and certain biotechnology products are on the list, and China is the main country of concern. A number of Korean companies have been affected already. Hyundai Motor’s EV sales in the U.S. have fallen since the passage of the Inflation Reduction Act (IRA), as its EV models won’t be qualified for the subsidies under the act. Samsung Electronics and SK hynix are having to rethink their use of China as a major manufacturing base for semiconductors as a number of U.S. rules are making it difficult to transfer key technologies to China, which is the second largest source of memory chips for these companies after Korea. Korea feels betrayed by its ally and is fighting for workarounds that would allow its companies to continue sourcing heavily from China. It is now engaged in an intense lobbying effort to get the rules watered down or waivers for its companies. This anniversary special will explore the impact of the U.S.-China tech war on Korean business and map out ways to curtail the damage. It is based on interviews with academics and researchers. Some argue that the dependence on China needs to be reexamined, while others argue that the Yoon Suk-yeol administration should come up with sizable financial incentives and tax cuts to attract manufacturing facilities for chips and high-tech products to Korea. https://koreajoongangdaily.joins.com/2022/10/16/business/economy/Korea-Samsung-Electronics-Hyundai-Motor/20221016180011925.html

Some time we assume, when ever I meet black people I find myself saying how much racism is wrong I have always thought this was a conversation that they want to have, in 50 years no black person has said that this is a subject matter they do not have a viewpoint on, whenever you meet Greek or Turkish people you talk about how beastly the other one is. Maybe the Chinese assume we want to talk about democracy and human rights and are humouring us..

It will give China the impetus to try to get results in that area

Both will get hurt

They might not want more rights, definitely they will want more money

Reluctantly I am going to have to agree, but it will not happen again

I do not agree with your analysis, China is the factory of the world we need China more than she needs us

A lot of Chinese chip designers trained in the US and have dual US and Chinese citizenship and this will affect them

Broadband bills could surge by as much as £113 next year if a number of the UK’s biggest telecoms firms push ahead with inflation-busting price increases next spring, says consumer watchdog Which? Many of the country’s main internet providers – including the largest player BT, along with TalkTalk, EE, Plusnet and Vodafone – use a mechanism to increase the cost of bills annually by the rate of inflation as measured by the consumer prices index (CPI) in January, plus 3.9%.

The Bank of England forecasts inflation at just below 10% for January, meaning millions of broadband customers will face a 14% mid-contract increase in their bills.

+1 tenants do not have the money the landlords will have to sell, this is how the crash begins as they will have to give mega discounts

I do not think it will go back to the old days

NO, Poland will be a military power by 2027, not yet they have not got these weapons yet

The city is very empty in comparison to pre-covid, the buzz has gone, seemd to be fewer people about

How long have you been away from London?

Do people know what is goona happen, back to the 90s

Who?

Yes, but it has been destroyed by the internet a lot of Afghan stall holders selling Chinese tat.