news and current affairs.
US may end chip equipment waivers for China as trade talks continue
Jeffrey Kessler works for the Commerce Department and wants to stop American companies from selling chip equipment to China. He told Samsung, TSMC and SK Hynix that he might cancel their special permits this week. These three companies run factories in China and have been able to buy American machines without extra government paperwork. Kessler thinks the current system helps China advance its technology development. He spoke about his concerns at a House hearing earlier this month. The equipment includes etching and deposition machines that help make computer chips. Companies like Lam Research and KLA Corp make these tools for semiconductor production. China has been growing its local chip industry as American restrictions increase...
Audi driver crashes into bus stop injuring pedestrian in St. Petersburg
A drunk driver caused a terrible crash last evening on Planernaya Street. Police from the Main Directorate of the Ministry of Internal Affairs shared details about what happened. Two cars were speeding down the road like they were racing each other. The Audi driver slammed into a Land Rover that was ahead of him. After hitting the other car, his vehicle flew off the road and smashed straight into a bus stop. The crash made the entire shelter fall down on top of the Audi. A person waiting for the bus got badly hurt when everything came crashing down. Doctors rushed the injured man to the hospital where he remains with serious wounds. People who saw the accident told police that both drivers were going way too fast. The whole thing could...
Applications for VYZOV Prize grow 40% with global interest
Leaders talked about a major science competition at a big meeting on June 19. The CHALLENGE Prize received 632 entries from people across 40 different countries this year. Deputy Prime Minister Dmitry Chernyshenko shared how much the contest has grown. Foreign scientists sent almost 40 percent more applications than last time. The Discovery category drew the most attention from researchers around the world. Scientists from 11 countries entered the Discovery competition with 155 total submissions. China, Kazakhstan, Turkey, America, Switzerland, Italy, Germany, Brazil, India, Indonesia and Australia all sent entries. Russian researchers made up three-quarters of all applications. They came from 58 different regions across Russia...
Jazz Square renovation to finish by August in Petersburg
Workers are making Jazz Square better for everyone who visits. The square sits right in the middle of Petersburg's Central District. City officials want all the improvements done before August ends. People can already see new playground equipment that kids will love using. Families will have more fun when everything becomes finished. Construction crews have started building something really special for music lovers. They are putting up a huge stage that stretches 80 meters across the space. Workers also prepared the ground where new walking paths will go. The project falls under a city program that makes neighborhoods more comfortable for residents. Officials hope these changes help people enjoy their free time more. The green space...
Sberbank's Gref urges timely easing of monetary policy as economy shows signs of slowdown
Russia's biggest bank chief wants interest rates to come down fast. German Gref runs Sberbank and talked about money policy during the major business meeting. He thinks the Central Bank needs to act before economic problems get worse. The country already shows clear signs that business activity is slowing down. Gref believes officials must move quickly or miss their chance to help. Sberbank expects the Central Bank to cut rates significantly before 2025 ends. Gref pointed out that inflation stays low but real interest rates climb above ten percent. He called this situation very expensive for businesses trying to borrow money. The bank leader said economic cooling becomes obvious when you look at the numbers. Government officials need...
St. Petersburg to invest over 1 billion rubles in UAV piston engine production
Drone Corporation shared plans to build airplane engines for flying robots during a major business meeting. The company wants to spend more than one billion rubles on this new factory project. Workers will make special parts for engines that power unmanned aircraft around the country. City leaders believe this factory creates jobs and helps Russia build more of its military equipment at home. The announcement came during talks at the St. Petersburg International Economic Forum. Alexander Sitov runs the city department that helps businesses grow and develop. He explained how the money will pay for building new manufacturing equipment and training workers. The factory will focus on making piston engines that give power to different types...
St. Petersburg records first cases of exam violations involving phones and cheat sheets
Court officials caught four people breaking rules during Russia's biggest school tests. Magistrates wrote up reports against students and teachers who caused problems during the exams. The cases happened when people brought banned items like phones and cheat notes. Officials say these actions twisted the real test results on purpose. Darya Lebedeva works for the court system and shared details about what happened. A teenage boy carried his cell phone during the Russian language test. The 19-year-old student said he brought the device without meaning to do it. Court workers did not believe his excuse about the mistake. Another student got caught with illegal help during her biology exam. Papers with answers fell from the girl's pocket...
Survey shows rise in career focus among Russian workers over past two years
Russian workers care more about climbing the job ladder these days. SuperJob researchers talked to three thousand people who have steady jobs across the country. They wanted to learn what matters most to working Russians right at this moment. Almost one out of every three workers puts professional success ahead of everything else. Career climbing has become much more popular during the past two years. Love and relationships still win out for many Russian employees. Four out of ten people said romantic connections matter more than advancing at work. However, more than one quarter of workers focus heavily on moving up the corporate ladder. The research shows Russians split pretty evenly between personal life and professional goals...
Two killed in head-on collision on Magistralnaya highway in Vsevolozhsk
Two people lost their lives when cars crashed head-on during Friday morning. The deadly crash happened at nine o'clock on Magistralnaya highway near the 120 kilometer mark. Police officers rushed to the scene after reports came through about the serious accident. A 39-year-old man driving a BMW crossed over into traffic coming toward him. He smashed straight into a VAZ car that a 66-year-old retired man was driving. Both vehicles suffered massive damage from the powerful impact between them. The older driver of the domestic car died from his injuries right away. A passenger sitting behind the BMW driver also passed away from the crash. Police believe the BMW slipped sideways during a curve and could not stop the collision. Officers...
Top