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Bessent blames Commerce's Lutnick for not restricting Nvidia chip exports to China

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Friday he was frustrated with the Commerce Department’s delay in implementing controls over the export of certain Nvidia chips to China.

Bessent said on CNBC that his department, along with the departments of State and Defense and the U.S. Trade Representative, were in favor of adding Megaspeed to an export control list for months but that the Commerce Department was in charge of the matter.

“I am frustrated when President Trump made it very clear China should not receive any Nvidia chips above H100s,” he... Read More

US military downs 2 Iranian attack drones as Iran claims a strike on a US radar in Bahrain

The U.S. military said it intercepted two Iranian attack drones headed toward Bahrain, as the Revolutionary Guard claimed it struck a U.S. early warning radar system in the kingdom. The Guard also said a tanker struck a naval mine while attempting to sail through the Strait of Hormuz, causing an explosion.

Neither Iran’s claim of striking the radar nor its account of the tanker incident could be independently verified.

Here is the latest news from the Middle East on Friday. Read our full coverage here.

US says it intercepted Iranian drones after Iran claims... Read More

Microsoft reports progress in reviving email and other services during a global outage

Microsoft said progress is being made in bringing its popular workplace software back online as a global outage enters its second day, disrupting business communications, police crime reporting, court operations, AI tools and many other services.

The outage, which affected a wide range of Microsoft 365 services including Outlook, Teams and AI assistant Copilot, left people, institutions and businesses across the world without access to email and other platforms.

Microsoft said it was making headway as it tried to restore services Friday.

“We’re seeing... Read More

Southeast Asian leaders, with US and Chinese counterparts, will renew alarm over online scams

MANILA, Philippines (AP) — Southeast Asian leaders and their key counterparts, including from the United States and China, will renew their alarm over the escalating threat of online scams, according to a draft statement seen by The Associated Press on Friday.

Such transnational crimes, which have swindled billions of dollars from people in Asia to the United States and elsewhere, will be high in the agenda when leaders of the Association of Southeast Asian Nations gather in an annual summit with their Asian and Western counterparts on Tuesday in the Philippine capital.
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Ukraine launches nearly 1,200 drones at Russia as US-led talks to consider wider European security

KYIV, Ukraine (AP) — Ukraine fired almost 1,200 drones at Russian targets overnight in one of its biggest aerial attacks since Moscow’s full-scale invasion nearly five years ago.

Meanwhile, U.S. and Russian negotiators raised the stakes in talks to stop the fighting by including for discussion wider European security arrangements that have been in place since the end of the Cold War. That change, long sought by Moscow, has alarmed European leaders and placed a question mark on NATO’s future role.

“Russia wants to talk about questions of European security We... Read More

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Southeast Asian leaders, with US and Chinese counterparts, will renew alarm over online scams