US Signs Breakthrough Chip Deal with TSMC, as it Tries to Contain China | Vantage with Palki Sharma
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Pakistan's Prime Minister faced a cold response from Saudi Arabia when seeking more loans during Ramadan while also raising the Kashmir issue. Taiwan's TSMC is set to invest $65 billion in US chip-making plants to increase production and secure a 20% market share by 2030.
Insights
- Climate litigation is increasing globally, with over 2,000 cases in 2022, as citizens turn to courts to hold governments accountable for climate action, showcasing a growing trend of legal action for environmental protection.
- India's Supreme Court's interpretation of existing constitutional articles to apply to climate change emphasizes the potential for legal expansion to address environmental concerns, highlighting the judiciary's pivotal role in shaping climate-related policies and regulations.
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Recent questions
What is the impact of climate litigation?
Climate litigation holds governments accountable for climate action, with significant verdicts setting precedents worldwide. It addresses public pressure for emission cuts and fossil fuel investments, resorting to protests and legal action.
How does India benefit from the Sittwe Port?
India strategically gains from operating the Sittwe Port in Myanmar, showcasing commitment despite challenges. It connects India's Northeastern states to Myanmar, part of the Kaladan Multimodal Transit Project.
Why are Indians borrowing more than before?
Indians are borrowing more due to record high household debt, reaching almost 40% of GDP. Savings have dropped to 5%, reflecting a shift towards personal loans and reduced savings.
What challenges does Zimbabwe face with a gold-backed currency?
Zimbabwe faces challenges with a gold-backed currency due to insufficient reserves and gold price volatility. The success of the new currency, the "zig," remains uncertain.
How are AI models like Chat GPT trained?
AI models like Chat GPT train on vast data, including YouTube videos, raising copyright concerns. Companies using such data may need to revise copyright laws for fair use and compensation.
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