The United States has begun deploying its advanced THAAD missile defence system to Israel, accompanied by approximately 100 U.S. troops to operate the battery.

This move is intended to bolster Israel’s defence capabilities amid rising tensions in the Middle East.

The THAAD system, designed to intercept incoming missiles at high altitudes, adds an extra layer of protection to Israel’s existing missile defence infrastructure. This deployment highlights the strengthening of U.S.-Israel defence cooperation and underscores concerns about regional threats.

The introduction of THAAD also raises broader strategic implications for the region, especially regarding U.S. relations with neighbouring countries like Iran. The move could influence both military dynamics and ongoing diplomatic efforts in the Middle East. The deployment reflects not only the growing security cooperation between the U.S. and Israel but also sends a strong message about the U.S. commitment to its allies in the region.

ASML Cuts Forecast as U.S.-China Tech Tensions Loom: Key Impacts on the Semiconductor Industry

Dutch semiconductor giant ASML has lowered its earnings forecast for the year, citing growing risks from U.S. export restrictions on advanced chip technology to China.

As one of ASML’s largest markets, China plays a critical role in the company’s revenue stream, but mounting geopolitical tensions are threatening to disrupt this relationship.

The U.S. government’s efforts to curb China’s access to cutting-edge semiconductor technology could have significant implications for ASML’s future growth.

ASML and the tech sector brace for China exposure

Beyond ASML, other technology companies with deep ties to China are feeling the pressure. The U.S. export bans could further strain tech firms that rely on China not only for manufacturing but also for sales.

For companies like Nvidia and Tesla, which depend heavily on Chinese consumers and production networks, the risks are becoming harder to ignore.

As U.S.-China trade policies evolve, tech giants are closely monitoring the situation, assessing how to mitigate potential losses.

The outlook for semiconductors: tension vs. demand

Despite the challenges posed by geopolitical tensions, the long-term outlook for the semiconductor industry remains optimistic.

Global demand for chips is soaring, driven by the explosion of artificial intelligence (AI), cloud computing, and the automotive industry’s shift towards electric and autonomous vehicles.

ASML and other chipmakers are expected to capitalise on these trends, but they must also navigate complex regulatory landscapes, especially when it comes to cross-border technology transfers.

Airline faces record penalty after mask rules incident stirs backlash

The U.S. Department of Transportation has slapped Lufthansa with a record $4 million fine after Jewish passengers were denied boarding on a flight in 2022.

Lufthansa has denied any discrimination, blaming the incident on communication failures, but has agreed to the penalty.

The passengers, many wearing traditional Orthodox Jewish clothing, were travelling from New York to Budapest via Frankfurt.

Lufthansa says it remains committed to promoting diversity and tolerance following the backlash.

The U.S. says it’s the largest penalty issued for civil rights violations against an airline.