DAILY DOSE: April 12, 2021
Posted on 04/12/2021
1. NO ARMS FROM CANADA FOR NATO MEMBER: Canada stopped its defense exports to Turkey over the conflict in Nagorno-Karabakh. Canada Foreign Affairs Minister Marc Garneau announced that Canada will no longer sell military goods and technology to its North Atlantic Treaty Organization (NATO) ally. Canada made the decision after reviewing allegations that Canadian-made military technology was used by Azerbaijan in the Nargorno-Karabakh conflict with Armenia.
2. Mubadala Investment Company revealed it is near am initial public offering of Emirates Global Aluminium PJSC.
3. COVID crisis spending is here to stay. The U.S. federal budget deficit more than doubled to a record in the first half of the fiscal year. This was partially due to the stimulus payments. The deficit in March 2021 was US$ 659.6 billion, the third-largest on record. In March 2020, the deficit was US$ 119 billion.
4. Italy is prepping a new 40 billion euro economic stimulus package.
5. WeRide gets approval from California DMV to test driverless cars in San Jose, CA.
6. White House says semiconductor chop shortage is a national security issue.
7. Twitter Inc. is building a team in Ghana to overtake African social media.
8. European Central Bank Holdings under the PEPP increased by 17.1 billion euros in the week ended April 9, 2021.
9. Taiwan’s defence ministry says 25 Chinese air force plans entered Taiwan’s air defence identification zone.
10. Kronos Advanced Technologies Inc. accepted 600,000,000 Dogecoin cash payments from the Dogecoin Cash Foundation. Dogecoin Cash was created as a non-inflationary complement to the original Dogecoin. Kronos Advanced Technologies was initially founded in 2002 and funded by the U.S. military to develop electrostatic air movers. Eventually, Kronos moved into the consumer air purification business. Kronos aggressively accepting Dogecoin as payment.
11. The Canadian government choose BlackBerry for secure productivity and secure communications.
12. German states agreed to extend the coronavirus lockdown by 3 weeks.
