Month: April 2025

Wide-ranging interview addresses how Trump presidency has upended certainties over EU-US relations

European Commission president Ursula von der Leyen told the German weekly Die Zeit that “the West as we knew it no longer exist,” as she spoke of “historic” changes taking place as a result of Donald Trump’s presidency in the US.

In a wide-ranging interview, she defended the EU’s position on regulating US digital services even in the face of threats of removing US nuclear umbrella, as she pointedly said “we don’t have bros or oligarchs making the rules.”

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Shares plunge as firm says H20 chip, designed for Chinese market to comply with controls, will now need special licence

Nvidia has said it expects a $5.5bn (£4.1bn) hit after Donald Trump’s administration barred the chip designer from selling crucial artificial intelligence chips in China, sending shares in one of the US’s most valuable companies plunging in after-hours trading.

The company said in an official filing late on Tuesday that its H20 AI chip, which was designed specifically for the Chinese market to comply with export controls, would now require a special licence to sell there for the “indefinite future”.

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Latest ABS data reveals Labor’s target of building 1.2m homes in five years already running 30,000 behind schedule

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The major parties have clashed over housing targets, with Clare O’Neil criticising the opposition’s housing policy as “melange of weird things” as new offical figures reveal Labor’s goal of building 1.2m homes in five years is running 30,000 behind schedule after just six months.

The latest Australian Bureau of Statistics (ABS) data revealed there were 90,136 dwellings completed in the six months to December, including roughly 57,000 houses and 33,000 apartments.

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