Gabe KP

@emg8.bsky.social

I try to sift through relevant World & Businesses News, also politics. Post are not financial advice!

🎁“The continuing closure of the Strait of Hormuz is beginning to hit Americans' wallets far beyond the pump. Companies say they are raising prices on products ranging from french fries & beer to paint & packaging to offset their own rising commodity & freight costs” www.wsj.com/business/ira...

Iran War Pushes Companies to Raise Prices on Beer, Paint, Fries and More

Sherwin-Williams and the brewer of Samuel Adams are among those facing higher commodity and freight costs.

wsj.com

Anti-corruption is how you beat authoritarians. Two lessons from Hungary: 1. Our affordability crisis is a corruption problem. Say so. 2. “a message that treats [corruption] as a Trump problem alone will fail to connect with those who believe the entire system is rigged.”

What Hungary's Anti-Corruption Election Can Teach U.S. Democracy Advocates

Hungary's anti-corruption win offers U.S. democracy advocates lessons, but success requires a credible messenger and a concrete plan.

justsecurity.org

Mitch McConnell stole two Supreme Court seats. Now ask yourself this: If McConnell were still Leader and a Democratic senator had been missing from public view for more than six weeks, what would he be doing right now? 1/2

🎁 Taiwan detained an Nvidia employee over alleged smuggling of AI chips to China. Investigators searched employee’s home & Nvidia’s Taipei office. The US has restricted Nvidia AI chip exports to China since 2022, & Taiwan is using local laws to prevent diversion. www.bloomberg.com/news/article...

Taiwan Detains Nvidia Employee in China Chip Smuggling Probe

Taiwanese prosecutors detained an Nvidia Corp. employee as part of a probe into the alleged smuggling of AI chips into China, thrusting the US company into a high-profile case concerning the black mar...

bloomberg.com