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ReutersNetherlands to expand export controls on semiconductor equipment
The Dutch government on Wednesday said it would expand its export controls on advanced semiconductor equipment from April 1, which chip equipment company ASML said it did not expect to impact its business. Dutch national export licence requirements for semiconductor equipment were first introduced in 2023 under pressure from the U.S. to limit shipments to China, and they have since been expanded several times. The latest measures will require companies to seek export licences for a "very limited" number of technologies such as measuring and inspection equipment, the Dutch trade ministry said in a statement announcing the changes.
ReutersTrump's energy department pick calls for more LNG and nuclear power
WASHINGTON (Reuters) -Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, told U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power. Wright, 60, believes fossil fuels are the key to ending world poverty, which is a greater problem than climate change's "distant" threat, according to a report he wrote as CEO of oilfield services company Liberty Energy. He is expected to win a majority in the 100-member Senate, now controlled by Republicans, and will step down from Liberty once confirmed.
