Western Europe
The EU Strengthens its Stance on Russia, Posing a Risk to the Russian Economy
The EU has strengthened its stance on the Russia-Ukraine conflict, imposing new sanctions on Russian trade, and introducing changes to funding and a road-map of future defences against Russian attack. These plans pose a threat to the Russian economy and present an attempt to pressure Russia into peace negotiations.
ASML Sales Display State of Global Microchip Race
On Nov. 8, Dutch Company ASML reported a shipment increase of 29.5 percent in October year on year to PRC-based companies and the PRC itself. ASML is responsible for creating the machinery required to create the world's most advanced microchips.