Is it too late for the US to contain China?

Veteran Singaporean diplomat Kishore Mahbubani claims that the US is wasting its time by continuing to try and “kneecap” China. Is it pointless to oppose China’s status as a superpower?

Is it finally time for the US to accept it? Depending on the response, either more stability or chaos could be on the horizon for the world. For more than 30 years,

Kishore Mahbubani represented Singapore as a diplomat and presided over the UN Security Council. He advises the host Steve Clemons that the US should get used to living in a multipolar world that it cannot control. According to Mahbubani, the “Asian century” has already started, and Washington shouldn’t let problems like Taiwan sour their relations.”

Millions of Dutch microchips were sent to Russia

After sanctions were put in place last year, several million Dutch microchips made in the Netherlands were sent to Russia. Delivered in packages handled by middlemen were microchips from firms like NXP and Nexperia. The most recent NOS report says that hundreds of packages were sent to three Russian defense companies.

Russian military drones of all varieties and other precision weapons, such as cruise missiles, frequently contain these chips. A small group of Chinese companies that ordered these computer chips regularly ship Dutch chips to Russia. Sinno Electronics, the largest of the companies, is not on the European Union’s sanctions list but is on the US sanctions list.

Ukraine questioned and checked out 27 Russian defense systems and tools last summer. Of the 27 systems, NXP chips were found in 10 of them. They were in Russian helicopters, howitzers, and missiles. Russian drones have been found to contain NXP and Nexperia chips.

Both businesses claimed that they complied with all sanctions regulations, avoided doing business with Russian firms, and prohibited their clients from selling microchips to Russian organizations. A representative for NXP said that the company checks out its clients and follows its own rules, which are stricter than the sanctions laws.

A Nexperia representative acknowledged that the company might not always have control over the resale of computer chips to outside parties. The business claimed that it uses software to keep an eye on the supply chain that includes their chips. Anyone who violates the restrictions will have their access to future shipments revoked.

The Ministry of Foreign Affairs said that the Netherlands is very concerned about the situation and together with other EU countries is looking for effective ways to prevent such brokering.

Russia cajoles Moldova and Transnistria to bury their differences

Russia will terrify Europe. How? Europe has shocking news. Russia is advancing across Europe.

Russia snubs countries that oppose its hegemony. A cluster of countries depend on Russia as a strategic trading partner, giving Moscow control. Russia dominates most of Europe, whether allies or foes. Now, another challenger must accept Russia’s dominance. Moldova never stops criticising Russia, but now Moscow is ready to pull it down. Check out the video.

Have sanctions against Russia backfired? | DW Business Special

Who is most harmed by Western sanctions imposed on the Kremlin? As soon as Russia invaded Ukraine, the West began its own economic attack on Russia. Unprecedented sanctions were applied by the US, the EU, and other parties.

However, many months later, Europe is experiencing a severe economic crisis and skyrocketing prices. Russia’s ruble is still strong and it is still funding its war machine. In this DW Business special, Elina Ribakova, the deputy chief economist at the Institute of International Finance, and I talk about whether the sanctions have backfired on the West.