Technology is a fast-moving field, and this past week saw some major players making headlines. Amazon's cloud business, Amazon Web Services (AWS), raked in impressive profits, growing by 50% year-over-year with an operating income of $10. 4 billion. AWS is a significant part of Amazon's business, ac
US-based drone maker Skydio has found itself in a tricky situation. Last month, China decided to sanction the company. Why? Because Skydio sold its drones to Taiwan’s national fire service. This news came from Skydio’s CEO, Adam Bry, in a blog post. Before the sanctions, Skydio mostly got its batte
Imagine a whodunit story where someone is trying to destabilize Ukraine's democracy. The British government has just dropped a bombshell revealing the culprits. On Monday, Britain announced fresh sanctions against several high-profile Russians and their PR agencies. These agencies, namely the Social
Vladimir Putin has come clean about the economic struggles Russia is facing. The Russian president admitted that sanctions and worker shortages are causing problems in the economy. This comes after Russia's Central Bank raised interest rates to a whopping 21%. That's even higher than the emergency r
You might have heard about the war in Ukraine. Well, North Korea has just stepped in, sending thousands of soldiers to help Russia. South Korea isn't happy about it and has asked Russia to send those soldiers back home right away. North Korea has sent about 1, 500 soldiers to Russia. These are spec
U. S. officials have sounded the alarm over North Korea's increasing support for Russia in its Ukraine war. Earlier this week, the U. S. , South Korea, and Japan teamed up with eight Western countries to form a new group to keep an eye on sanctions against North Korea. This comes after Russia stoppe
Lately, the US has raised alarms about North Korea's increasing support for Russia's war in Ukraine. Kurt Campbell, the Deputy Secretary of State, said they're concerned about North Korea's nuclear and missile threats, as well as their military aid to Russia. He couldn't confirm if North Korean sold
In a significant move, the United States has slapped sanctions on two Chinese companies for the first time. These companies are accused of supplying complete weapons systems to Russia, which is using them in the war in Ukraine. The US says that the Chinese firms worked closely with Russian defense c
After Russia invaded Ukraine in 2022, Cyprus' banks saw a big drop in business with Russian and Ukrainian companies. They lost around 13,000 clients and 35,000 accounts, totaling about 2 billion euros. This happened because of sanctions from the U.N., EU, U.S., and UK against Russia. The number of
President Biden met with key European leaders like Germany’s Chancellor Olaf Scholz, France’s President Emmanuel Macron, and the UK’s Prime Minister Keir Starmer in Berlin. They discussed crucial issues including support for Ukraine and the conflict in the Middle East. With the upcoming U. S. presid
