Things that caught my eyes 29 November 2024
This is my news scan from 28 November 2024 at 0705 Eastern Time until 29 November 2024 at 0802 Eastern Time
Push for cobalt-free batteries gains momentum amid geopolitical risks
https://www.digitimes.com/news/a20241127PD206/cobalt-battery-materials-cost.html
The push for cobalt-free batteries is intensifying due to the high cost, environmental concerns, and geopolitical risks associated with cobalt mining, primarily concentrated in unstable regions. Lithium-ion batteries are traditionally reliant on cobalt for stability and energy density, but the industry is exploring alternatives. Companies like Nissan are planning to produce in-house lithium iron phosphate (LFP) batteries to reduce dependency on China. The shift is not only about economics but also about securing supply chains amidst geopolitical tensions. (JJM: I will likely be spinning up and article on this one)
Japan doubles down on semiconductor subsidies, Rapidus poised for more support
https://www.digitimes.com/news/a20241129PD213/rapidus-government-funding-subsidies-2024-japan.html
Japan is increasing its investments in the semiconductor sector, with Rapidus set to receive additional government support to bolster domestic chip production. The move aims to enhance Japan's position in the global semiconductor market amidst escalating international competition. This financial backing is part of a broader strategy to revive Japan's once-dominant chip industry. Rapidus, in particular, is expected to benefit from these subsidies to advance its technology and production capabilities.
China's semiconductor industry makes significant strides, putting pressure on South Korean firms
https://www.digitimes.com/news/a20241128PD216/smic-samsung-ic-manufacturing-ddr4-fab.html
China's semiconductor industry has made notable advancements, challenging South Korean companies like Samsung in the IC manufacturing sector. SMIC, a key Chinese player, is now producing DDR4 chips, intensifying competition. This progress reflects China's strategic push towards self-reliance in technology amidst U.S. trade restrictions. South Korean firms are feeling the pressure to innovate and maintain their market lead in memory chips and other semiconductor products. (JJM comment: DDR4 has faster data transfer rates than previous generations, with speeds starting at 2133 MHz and going beyond 3200 MHz. But rest assured, this is not the leading edge of RAM technology. For example, DDR5 chips are currently available on the market. They are better. They have been released and are being produced by major DRAM manufacturers like SK Hynix (South Korea), with the first production DDR5 DRAM chip launched in October 2020.)
China grapples with AI computing power allocation amid rapid expansion
https://www.digitimes.com/news/a20241126PD210/chatgpt-growth-beijing-gpu-development.html
China is facing challenges in allocating sufficient computing power to support its rapidly expanding AI sector, particularly with technologies like ChatGPT. The demand for GPUs has surged, leading to a bottleneck in AI development. Beijing is attempting to scale up domestic GPU production to meet this demand, but the growth in AI applications outpaces current capacities. This situation highlights the need for strategic planning and investment in computing infrastructure. (JJM comment: This is a nice confirmation of my prior thesis of the US also facing large issues with our power grid capabilities. It is the subject of my new book that I am writing entitled “Can We Keep the Lights On?: Where are We Getting the Energy From?: Reshoring, AI, and the Energy Crisis” anticipated market availability date in Q1 2025)
Chad ends defence cooperation agreement with France
https://www.reuters.com/world/africa/chad-ends-defence-cooperation-agreement-with-france-2024-11-28/
Chad has decided to terminate its long-standing defense cooperation agreement with France, marking a significant shift in its foreign relations. This decision comes amid rising anti-French sentiment in the region and a push for greater national autonomy. The move is seen as part of Chad's broader strategy to redefine its international alliances. France has acknowledged the decision but expressed its intent to maintain other forms of cooperation with Chad.
USA loses influence over China: US chip manufacturers circumvent export controls
The U.S. is experiencing a dilution of its influence over China as American chip manufacturers find ways to circumvent export controls. This allows Chinese companies to access advanced technology despite restrictions. The practice undermines the effectiveness of U.S. policies aimed at curbing China's tech rise. It highlights the complex dynamics of global trade where economic interests can override political objectives.
China plans to restrict exports of a critical metal. But the market isn't that worried
China is contemplating new restrictions on tungsten exports, a metal critical for various industries, but the global market remains relatively unconcerned. The reason is the emergence of alternative sources, like a new tungsten mine in Korea, reducing dependency on Chinese supply. The U.S. has been actively seeking non-Chinese sources for critical minerals, which has mitigated the potential impact of such restrictions. This reflects a broader trend towards diversification in critical mineral supply chains.
The Geopolitics of Ireland's Global ICT Sector
https://www.missiongrey.com/blog/the-geopolitics-of-irelands-global-ict-sector
Ireland has become a significant hub for the global information and communication technology (ICT) sector, leveraging its strategic European position and favorable business environment. This has geopolitical implications, making Ireland a focal point in tech industry battles and data sovereignty issues. The presence of major tech firms has influenced Ireland's foreign policy, trade relations, and even Brexit negotiations. However, this also exposes Ireland to international disputes over tax policies, data privacy, and digital regulation.
Ukraine imposes first wartime tax hikes to fight Russian invasion
Ukraine has introduced its first wartime tax increases to fund the ongoing defense against the Russian invasion. These measures include hikes on certain goods and services, aiming to bolster the national budget for military needs. The tax adjustments are part of broader economic strategies to sustain the war effort amidst economic strain caused by the conflict. The government hopes these fiscal changes will help without overly burdening the populace.
Musk's Starlink ordered to cease operations in Namibia
https://www.reuters.com/technology/musks-starlink-ordered-cease-operations-namibia-2024-11-28/
Namibia has ordered Elon Musk's Starlink to halt its operations within the country due to regulatory violations. The government cited non-compliance with local telecommunications laws as the reason for this directive. Starlink has been providing satellite internet services, but without the necessary permits. This action reflects broader challenges for Starlink in navigating diverse international regulatory landscapes. (JJM comment: Note that Namabia is undergoing elections. It has been contentious with voting extended, protests and allegations of election fraud.)
Britain confident Chagos Islands deal will go through after doubts raised
The UK remains optimistic about finalizing a deal regarding the Chagos Islands despite recent doubts. The agreement involves sovereignty issues and the future of the islanders displaced by the establishment of a U.S. military base. Discussions have been fraught with legal and political complexities, with Mauritius also claiming the territory. The British government insists on a resolution that respects both international law and the rights of the Chagossians. (JJM comment: Recall the Chagos Islands are where Diego Garcia is. IT is home to a strategically important US military base. It is a de facto unsinkable aircraft carrier of sorts that has very long runways that allow for long range bombers to rapidly respond to Indo-Pacific threats. It is a vital part of US global force projection. It is nicknamed the "Footprint of Freedom". It is located about halfway between East Africa and Indonesia, and is 2,570 miles from the Strait of Hormuz.)
South Sudan President Calls for Calm Amid Rumors of Army Tension
South Sudan's President has urged calm amidst rumors of tensions within the military ranks. Reports of potential unrest have circulated, raising concerns about stability in the fragile nation. The President emphasized the need for unity and peace, denying any significant internal military conflicts. This statement aims to reassure both the public and the international community amidst a backdrop of political fragility.
The episode discusses how satellite internet, led by companies like Starlink, is altering global power structures. It examines the strategic implications of controlling internet access from space, affecting military, commerce, and information dissemination. The race to dominate satellite technology is becoming a new frontier in international relations, with implications for sovereignty and cyber warfare. The discussion also touches on how this technology might democratize or centralize power depending on regulatory and geopolitical outcomes.
Sheinbaum refutes Trump’s border claim: ‘Mexico’s position is not to close borders’
Claudia Sheinbaum, Mexico's President-elect, has publicly contradicted Donald Trump's claim that Mexico would close its borders under his influence. She emphasized Mexico's stance on maintaining open borders for humanitarian and economic reasons. This response highlights the tension in U.S.-Mexico relations over immigration and border policies. Sheinbaum's statement positions her administration as one that will continue to resist external pressures on these issues.
Sheinbaum Says that BYD’s Plan for Mexico Plant Isn’t ‘Firm’
President-elect Claudia Sheinbaum clarified that BYD's plans to establish a manufacturing plant in Mexico are not yet concrete. This statement comes after initial announcements suggesting BYD's interest in expanding into Mexico. The uncertainty could reflect ongoing negotiations or strategic reassessments by BYD. Sheinbaum's remarks show a cautious approach to foreign investment announcements, ensuring they align with Mexico's economic policies. (JJM comment: We will be doing a post on this issue soon.)
Georgian Ruling Party Delays EU Membership Talks Until 2028
Georgia's ruling party has decided to push back the start of EU membership negotiations to 2028, citing the need for more internal reforms. This delay reflects the complexities of aligning with EU standards and domestic political considerations. Some see this move as a strategic pause to strengthen Georgia's position both internally and in negotiations. Critics argue it might weaken Georgia's European integration momentum. (JJM comment: recall that last month’s elections where very much contested with claims fo Russian interference. This seems to be the spoils to the Russian victors.)
Why Somaliland Is at the Center of a Geopolitical Storm
Somaliland, despite not being internationally recognized, is pivotal in current geopolitical dynamics due to its strategic location and untapped resources. The region has attracted attention from nations seeking to secure energy supplies and maritime routes. The potential for oil and gas in Somaliland adds another layer to the geopolitical chessboard, with countries like Ethiopia and the UAE showing interest. This situation could either lead to regional stability through economic development or exacerbate tensions over sovereignty and resource control.
Romania's top court orders presidential election recount
Romania's highest court has mandated a recount of the presidential election votes following allegations of irregularities. This decision comes after a tight race where the margin between candidates was narrow. The recount aims to ensure the integrity of the electoral process, responding to public and political demands for transparency. The outcome could either confirm the initial results or lead to a different political scenario.
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The Russian government is taking measures to calm public panic as the ruble experiences significant depreciation. The Central Bank has intervened by adjusting interest rates and currency support mechanisms. This economic turbulence is linked to sanctions, falling oil prices, and geopolitical tensions. The government's actions aim to restore confidence in the ruble and stabilize the economy amidst ongoing international pressures.
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Disclaimer:
The headlines presented here are taken directly from the referenced articles and do not reflect any personal value judgment or opinion. I make no warranty as to the accuracy, completeness, or truthfulness of the content of these articles. All news and information should be carefully scrutinized, considering the credibility of the source, the facts presented, and the strength of the supporting evidence. Readers are encouraged to form their own conclusions through critical analysis.