Miscellaneous News

O

Overbom

Brigadier
Registered Member
Overbom said:
Hahaha.
This garbage company deserves it for being an American slave. Always knew that they were a "fraudulent" company compared to BYD.

See how much NIO was proud for cooperating with NVIDIA? Serves them right.
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View attachment 96571
View attachment 96572


Good stuff. Using NVIDIA DGX. So lets see how good it is... oh actually it doesn't matter because it is now forbidden to get it:

Lol

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Lmao
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The US is doing a good job thinning the herd and only promoting real patriotic (not fake) Chinese companies.

NIO and its marketing PR CEO can keep selling JPEG images of its new models while BYD is down in the trenches doing the actual work
 
S

supersnoop

Colonel
Registered Member
Overbom said:
The US is doing a good job thinning the herd and only promoting real patriotic (not fake) Chinese companies.

NIO and its marketing PR CEO can keep selling JPEG images of its new models while BYD is down in the trenches doing the actual work
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You realize the US is willing to execute its own companies as well
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If nVidia can't get out the products it will affect US customers as well if they are cancelled.
This is stupid beyond belief
 
FriedButter

FriedButter

Brigadier
Registered Member
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G-7 to discuss cap on price of Russian oil in bid to ease prices​


Group of Seven finance ministers will hold talks this week on allowing global purchases of Russian oil at a capped price -- a gambit that the US hopes will ease energy market pressures and slash overall Russian revenues from crude.

Treasury Secretary Janet Yellen and her counterparts will discuss the measure further in a session on Friday, US officials said. The plan would allow purchasers of Russian oil under a capped price to continue getting crucial services -- like financing and insurance for tankers.

The European Union, UK and Switzerland all plan to ban their companies from providing those services for Russian oil shipments beginning in December.

“This is the most effective way, we believe, to hit hard at Putin’s revenue and doing so will result in not only a drop in Putin’s oil revenue but also global energy prices as well,” White House Press Secretary Karine Jean-Pierre said Wednesday. “We’ll hear more on Friday how this is going to work, and it is not just us -- it is also a partnership with our allies, the G-7. So we believe this is going to be a way to really hit Russia financially.”

It’s not clear what the price cap would be or which countries would join the effort.

The US and its allies have grappled with how best to sanction Russia after its invasion of Ukraine rattled global energy markets and sent crude prices soaring. The G-7 -- which also includes Germany, the UK, France, Italy, Japan and Canada -- pledged earlier this year to curb reliance on Russian energy, including “by phasing out or banning the import of Russian oil.”

US officials have argued that allowing global purchases at or below a price cap would lead other buyers to seek the same discount, and ultimately ease shortages in the market, lower global benchmark prices and force Russia to take a further discount for its exports -- lowering Russia’s overall revenue in the end.

G-7 leaders earlier this June pledged only to examine the price cap plan, but, outside the UK, have not offered much support.

“We believe it’s not only an idea worth exploring, it’s an idea worth implementing and we look forward to hearing what the finance ministers say at the end of the week,” John Kirby, a spokesman for the US National Security Council, said Wednesday.

The UK said Wednesday it backs the plan, with Chancellor of the Exchequer Nadhim Zahawi saying it will be “most effective if supported by the broadest possible coalition.” Deputy US Treasury Secretary Wally Adeyemo also traveled to India last week to discuss the idea of a price cap.
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Looks like the G7 may be serious about trying it… right before winter as well.
 
FriedButter

FriedButter

Brigadier
Registered Member
supersnoop said:
You realize the US is willing to execute its own companies as well
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If nVidia can't get out the products it will affect US customers as well if they are cancelled.
This is stupid beyond belief
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The urge for localization should be much greater now compared to the Trump Era. US companies have been proven as unreliable and cannot be dependent upon in the supply chain due to state intervention.
 
BoraTas

BoraTas

Major
Registered Member
FriedButter said:
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Looks like the G7 may be serious about trying it… right before winter as well.
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Unless they get OPEC, India and China on their side, not going to happen. The US, Canada and Japan are irrelevant since they buy very little from Russia. If Europe could do it on their own, they would already have done it.
 
O

Overbom

Brigadier
Registered Member
supersnoop said:
You realize the US is willing to execute its own companies as well
Please, Log in or Register to view URLs content!
If nVidia can't get out the products it will affect US customers as well if they are cancelled.
This is stupid beyond belief
Click to expand...
I don't care what the US companies and their government are doing. I only care that these idiotic Chinese companies get bankrupted and liquidated asap
 
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