World politics

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Victory in Bihar strengthens Modi’s party’s position in governing coalition and means greater leeway to negotiate trade agreement with US

Bankinter | Bihar state elections. The National Democratic Alliance (NDA) bloc, led by Narendra Modi’s party, has won a comfortable victory in the regional elections in the state of Bihar. Out of a total of 243 seats in the Bihar Legislative Assembly, Modi’s party won 89, while its main regional ally, the Janata Dal party, won 83 seats. Overall, the alliance won 200 of the 243 seats. Bihar accounts for…

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US limits American investment in Chinese tech companies

BancaMarch| US President Joe Biden on Wednesday signed an executive order that effectively limits US investment in several Chinese tech firms. According to Biden, China’s strategy facilitates and supports “advances in sensitive technologies and products that are critical to the military, intelligence, surveillance or cyber capabilities of other countries”. The ban is limited to three key sectors of the Asian giant: semiconductors, quantum computing and artificial intelligence. At the same…