World Updates

Hurricane Lorena Takes Aim at Mexico’s Baja Coast With Torrential Rain Threat

Hurricane Lorena Takes Aim at Mexico’s Baja Coast With Torrential Rain Threat

Hurricane Lorena is gaining strength in the Pacific and could slam Mexico’s Baja California peninsula with heavy rain, flash floods, and dangerous mudslides later this week, forecasters warned Wednesday. The U.S. National Hurricane Center (NHC) in Miami said Lorena has just reached hurricane status with sustained winds of 75 mph. The storm could intensify quickly…

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US Cracks Down on TSMC’s China Tech Exports in Escalating Chip War

US Cracks Down on TSMC’s China Tech Exports in Escalating Chip War

The United States has revoked Taiwan Semiconductor Manufacturing Company’s (TSMC) license to ship advanced technology from the US to China, the company confirmed. The move could complicate operations at TSMC’s facility in China, which makes older-generation chips. Washington issued similar restrictions on South Korea’s Samsung and SK Hynix last week, making it harder for them…

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Saudi and Iraqi Oil Giants Cut Supplies to India’s Nayara Amid Sanctions Pressure

Saudi and Iraqi Oil Giants Cut Supplies to India’s Nayara Amid Sanctions Pressure

Saudi Aramco and Iraq’s state oil firm SOMO have stopped shipping crude to India’s Nayara Energy after European Union sanctions hit the Russian-backed refiner, according to people familiar with the matter. The move forced Nayara, which is majority-owned by Russia’s Rosanne and other Russian entities, to rely entirely on Russian crude in August, shipping data…

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