Tag: ccp
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U.S. and China Vie for Dominance in Underwater Fiber-Optic Infrastructure
The ongoing battle for fiber-optic supremacy between the U.S. and China has significant implications for global internet infrastructure, highlighting both economic and security concerns. Over 95% of intercontinental data, valued at trillions of dollars daily, is transmitted through more than 500 underwater cables. These fiber-optic cables are essential for everything from emails to military communications.…
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China and India Boost Russia’s Economy by Increasing Oil Purchases Amid Western Sanctions
Recent shifts in global oil trade dynamics have seen China and India significantly increase their purchases of Russian oil, following Western sanctions imposed on Russia due to its invasion of Ukraine. These developments have altered traditional trade routes and pricing structures, with Russian oil now being sold at a discount. Despite the sanctions, Russia’s oil…