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Search Result for “high excise tax”

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WORLD

France, EU take aim at Trump's assault on science, seek to lure US researchers

AFP, Published on 05/05/2025

» PARIS - French President Emmanuel Macron and European Commission head Ursula von der Leyen took aim at Donald Trump's policies on science on Monday, as the European Union seeks to encourage disgruntled US researchers to relocate to Europe.

WORLD

US lawmaker targets Nvidia chip smuggling to China with new bill

Reuters, Published on 05/05/2025

» SAN FRANCISCO - A US lawmaker plans to introduce legislation in coming weeks to verify the location of artificial-intelligence chips like those made by Nvidia after they are sold. The effort to keep tabs on the chips, which drew bipartisan support from US lawmakers, aims to address reports of widespread smuggling of Nvidia's chips into China in violation of US export control laws. Nvidia's chips are a critical ingredient for creating AI systems such as chatbots, image generators and more specialised ones that can help craft biological weapons. Both President Donald Trump and his predecessor, Joe Biden, have implemented progressively tighter export controls of Nvidia's chips to China. But Reuters and other news organisations have documented how some of those chips have continued to flow into China, and Nvidia has publicly claimed it cannot track its products after they are sold.

WORLD

Lufthansa, Air France, others avoid Pakistan airspace amid India tensions

Reuters, Published on 05/05/2025

» NEW DELHI - Air France and Germany's Lufthansa were among global carriers avoiding Pakistani airspace, airlines and flight trackers showed on Monday, as tension between nuclear-armed rivals India and Pakistan stays high after a deadly attack in Kashmir last month.

THAILAND

American tourist arrested in Phuket with 5 ADHD pills

News, Achadthaya Chuenniran, Published on 05/05/2025

» PHUKET: A 27-year-old American man was arrested for possession of a psychotropic substance that can be used for mental treatment.

BUSINESS

Vietnam keeps growth target at 8% despite tariff challenges

Bloomberg, Published on 05/05/2025

» Vietnam’s prime minister said the nation’s economic growth target remains unchanged this year despite the many challenges it faces, as the threat of US tariffs creates uncertainty for exporters and businesses.

PROPERTY

Wealthy Chinese turn away from US real estate as Trump amps up trade war with Beijing

South China Morning Post, Published on 05/05/2025

» Wealthy mainland Chinese are increasingly shifting their attention and capital away from the United States to other real estate markets amid rising geopolitical tensions between Washington and Beijing, according to property agents.

BUSINESS

Trump plans 100% levy on foreign films, deepening trade war

Bloomberg, Published on 05/05/2025

» President Donald Trump announced on Sunday that he plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies on US imports to the entertainment sector for the first time.

BUSINESS

Recruiters put focus on GenAI skills

Business, Suchit Leesa-nguansuk, Published on 05/05/2025

» Some 97% of Thai employers are willing to offer higher salaries to candidates who have micro-credentials, particularly in artificial intelligence (AI) and generative AI (GenAI), according to Coursera's Micro-Credentials Impact Report 2025.

BUSINESS

Call for Thai ministers to do their job

Business, Lamonphet Apisitniran, Phusadee Arunmas and Molpasorn Shoowong, Published on 05/05/2025

» Clouded by several negative factors, including uncertainty stemming from unresolved negotiations with the US on tariff hikes, the Thai economy is likely to miss the government's forecast of 3% growth this year.

THAILAND

Somsak backs push to prescribe herbs

News, Apinya Wipatayotin, Published on 05/05/2025

» Public Health Minister Somsak Thepsutin defended the government's push to promote herbal medicines over Western pharmaceutical products for treating common illnesses, saying the initiative was intended to provide patients with alternative treatment options.