The U.S. Senate passed [Senate Passes $280 Billion Industrial Policy Bill to Counter China – NYT] by a bipartisan vote (64 to 33) a $280 billion bill, the so-called Chips (Creating helpful incentives to produce semiconductors) & Science Act. [House Passes Chips Act to Boost U.S. Semiconductor Production – WSJ]
The association of machine builders for the Brazilian leather sector, Abrameq, interprets the rapid implementation of 5G, which could add 81.3 billion reals (BRL) to GDP in 2030, as an opportunity for productivity growth in the leather sector: "... the new technology will make it possible to expand the activities subject to automation and digitalization...». [Implementação rápida do 5G pode acrescentar R$ 81,3 bi no PIB – Abrameq]
Fashion’s been heeding the call of technology for years—and the industry’s future is looking even more digital, with fashion companies expecting to double tech investments by 2030 to stay competitive. There are many ways they can apply innovative digital resources to better serve customers and increase business efficiency. Where are executives leaning in, and what are opportunities for creatively using robotics, AI, and other technologies to their advantage? McKinsey’s State of Fashion Technology Report 2022 dives deeper on the dynamics and highlights five key technology themes with potential.
The plan to rebuild a green Ukraine. Ukraine could become the production engine of the EU Green Deal, says MP Lesia Vasylenko: “In essence, we will start from scratch with the amount of industrial sites destroyed, energy sites. We can be the breeding ground for new technology for pilot projects, for renewable energy projects.” [The plan to rebuild a green Ukraine – DW]
Aspen Security Forum Executive Director Anja Manuel joins Emily Chang to discuss the impact of China's lockdowns on its population, its economy, and its tech competitiveness, and how U.S./China relations will evolve as the war in Ukraine rages on. [Shanghai Lockdown Tests China's Zero Covid Policy -Bloomberg]
Dior threw fashion as a means of survival, launching Paris Fashion Week in full swing with a lineup of home classics, reworked with technical preferences, associated with the Dainese logo, the famous motorcycle suit of the 1970s: “haute couture” combined with the technology of air-bags, conductive runways and D-Air Lab sensors.
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