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Russia to quit International Space Station

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Russia’s space agency Roscosmos has announced it will end its participation in the International Space Station program by 2024

Roscosmos chief Yuri Borisov said that Russia would fulfil its obligations to its partners on the ISS before leaving the project.

Russia had previously said it would end its contributions to the joint multinational space endeavour until sanctions were lifted by western nations.

After 2024 Russia wants to focus on its own Russian space orbital platform.

YURI BORISOV, HEAD OF ROSCOSMOS

The ISS is one of the few examples where, until now, science largely trumped geopolitics and the international condemnation of Russia and its invasion of Ukraine.

The space station is jointly run by the space agencies of Russia, the U.S., Europe, Japan and Canada.

The station has been orbiting earth since 1998 when the first piece was put in place.

Since then it’s had a human presence on board for nearly 22 years with US astronauts and Russian cosmonauts working side by side.

Earlier this month, Russia and the USA signed an agreement to allow Russian cosmonauts to travel to the station on US spacecraft and vice versa.

Dr Leroy Chiao, a former ISS commander and retired astronaut says Russia might be bluffing.

“I think this is posturing by the Russians. They don’t have the money to build their own station and it would take several years to do it. They’ve got nothing else if they go this route”

Dr Leroy Chiao, former ISS commander and retired US astronaut – to the BBC

He said in an interview with the BBC that he thinks Russia will ultimately decide not to leave the project.

The ISS is used to conduct scientific research in zero gravity and test out equipment for future space journeys.

It was designed with the deliberate intention of making US and Russian space operations on the orbital platform largely dependent on each other.

The news that Russia wants to end its collaboration with an international space program is not entirely without precedent.

https://twitter.com/ESA_ExoMars/status/1546900285662138369?s=20&t=cWX9w5125HyvW_OuvK7TMQ

The European Space Agency and Roscosmos ended their cooperation on the ExoMars Mission some weeks ago.

The ExoMars mission would have scouted for sings of life on Mars using a European rover.

Simon is a ticker NEWS corespondent in London. Simon started his career in his hometown of Sydney as a news video producer for NineMSN, then moved to the UK with Good Morning Britain on ITV, followed by a TV reporter for a local news service in Manchester in England’s north. Simon joins ticker News after several years in the London headquarters of ITN Productions as a news producer, and as an assistant news editor for ITV News.

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U.S. approves Nvidia H200 chip exports to China amid tensions

U.S. approves Nvidia’s H200 AI chip exports to China, balancing security with tech collaboration amid ongoing tensions.

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U.S. approves Nvidia’s H200 AI chip exports to China, balancing security with tech collaboration amid ongoing tensions.


The U.S. Commerce Department has approved exports of Nvidia’s H200 AI chips to China, signaling a cautious compromise in the ongoing technology standoff between the two countries. This decision reflects efforts to balance national security concerns with continued technological collaboration.

Nvidia shares jumped 2% following the announcement, showing investor optimism about the move. Analysts are closely watching how Chinese firms will respond and whether they will aggressively pursue these high-performance AI chips.

Despite the approval, concerns remain about the potential military applications of AI technology. Officials emphasize that the decision aims to protect U.S. interests while navigating complex international tech dynamics.

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#Nvidia #AIChips #ChinaTech #USChina #TechTensions #Semiconductors #H200 #InvestorNews


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Fed faces challenges ahead of Trump’s nominee as rate decisions loom

Fed faces critical leadership transition as Trump nominates new chair amid economic uncertainty and potential rate cut discussions.

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Fed faces critical leadership transition as Trump nominates new chair amid economic uncertainty and potential rate cut discussions.


The U.S. Federal Reserve is entering a critical period as it prepares for President Donald Trump’s upcoming nominee to lead the central bank. Markets are closely watching how the Fed will navigate this leadership transition amid ongoing economic uncertainty.

The Fed’s two-day meeting could result in a modest quarter-percentage-point rate cut. However, future policy decisions will hinge on key economic projections and inflation trends, leaving analysts debating how much room the central bank really has to maneuver.

Trump is pushing for lower interest rates to boost the housing market before the midterms, but this could complicate the next Fed chair’s path. Data delays from the recent government shutdown may also affect the Fed’s decision-making this week, adding another layer of uncertainty.

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#FederalReserve #InterestRates #TrumpNominee #EconomicPolicy #Inflation #RateCut #HousingMarket #MarketUpdate


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Paramount makes $108B hostile bid for Warner Bros Discovery

Paramount’s $108.4B bid for Warner Bros reshapes media landscape, likely facing antitrust hurdles amid board’s Netflix preference.

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Paramount’s $108.4B bid for Warner Bros reshapes media landscape, likely facing antitrust hurdles amid board’s Netflix preference.


Paramount has launched a staggering $108.4 billion hostile bid to acquire Warner Bros Discovery, shaking up the media landscape. The proposal, supported by Jared Kushner’s investment firm and Middle Eastern funds, offers $18 billion more in cash than Netflix’s recent $72 billion deal for the same assets.

Warner Bros’ board is currently reviewing the Paramount offer but continues to recommend the Netflix deal. Analysts warn that a merger of this scale could face intense antitrust scrutiny, potentially delaying or even blocking the deal.

Paramount argues that its acquisition would boost competition and provide stronger support for the creative community, promising a new chapter in Hollywood consolidation.

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#Paramount #WarnerBros #HostileBid #MediaMerger #Netflix #HollywoodNews #Mergers #EntertainmentNews


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