View allAll Photos Tagged gspc
Guilty as charged!
Right in front of my nose, huge buildings, occupied by hundreds of families.
Downtown San Paulo, Brazil.
Few blocks from the City Hall, the Stock Exchange, the Central Bank among so many other fundamental, worthy and basic institutions.
In just one of the buildings, 475 families occupies 27 unfinished floors.
Kids play and run.
Clotheslines on the outside of the building, without any protection from falling down and in front of the entire city.
Windows, with breathtaking views, of one of the biggest and most populated cities on the Planet, made of compensated wood or sticks, even at the 27th floor.
People that use strength and organization to impose their reality, to a society that doesn’t care to listen.
Guilty as charged!
Project link www.alessandro-vecchi.com/occupy
These images were taken for the South African documentary Not in my Neighbourhood www.instagram.com/notinmyneighbourhood/
You can also check out this project featured on Positive Magazine www.positive-magazine.com/downtown-san-paulo/
Manifestacao de esquerda realizada em Sao Paulo no dia 24 de Marçp de 2016 saindo do Largo da Batata. em Pinheiros, percorrendo a Av. Faria Lima, passando pela Berrini, até chegar a Rede Globo de Televisao.
Mokhtar Belmokhtar, an AQMI (al-Qaeda in Islamic Maghreb) leader. Algerian-born, he followed the familiar route for radical young muslims and went to fight in Afghanistan where he specialized in explosives. It was during a training exercise that he lost his right eye. The ñemir of the Saharaî is a member of GSPC, Salafist Group for Preaching Combat, an offshoot of an extreme faction of the GIA, Armed Islamic Group, of Algeria. November 2010. Photo de Mokhtar Belmokhtar alias Khaled Abou Al-Abbes. Ne le 2 juin 1972 a Ghrdaia (sud algerien). Presente souvent a tort, comme un vulgaire bandit de grand chemin, Mokhtar Belmokhtar, est en realite un salafiste. On l'appelle aussi l'emir du Sahara. Il est affilie au reseau terroriste international depuis son plus jeune age. A peine sorti de l'adoescence, il se rend a Peshawar. Apres quelques mois passes dans les ecoles coraniques pakistanaises, il est recrute par les formateurs d'Al Qaida qui l'emmenent au camp de Kalden en Afghanistan, ensuite dans celui de Darunta a Jalalabad ou il suit un entrainement miltaire. Il se specialise alors dans le maniement des explosifs et c'est lors d'un exercice, qu'il perd son eil droit, apres l'explosion d'un engin artisanal. Novembre 2010./Credit:SIFAOUI MOHAMED/SIPA/1011091443
Guilty as charged!
Right in front of my nose, huge buildings, occupied by hundreds of families.
Downtown San Paulo, Brazil.
Few blocks from the City Hall, the Stock Exchange, the Central Bank among so many other fundamental, worthy and basic institutions.
In just one of the buildings, 475 families occupies 27 unfinished floors.
Kids play and run.
Clotheslines on the outside of the building, without any protection from falling down and in front of the entire city.
Windows, with breathtaking views, of one of the biggest and most populated cities on the Planet, made of compensated wood or sticks, even at the 27th floor.
People that use strength and organization to impose their reality, to a society that doesn’t care to listen.
Guilty as charged!
Project link www.alessandro-vecchi.com/occupy
These images were taken for the South African documentary Not in my Neighbourhood www.instagram.com/notinmyneighbourhood/
You can also check out this project featured on Positive Magazine www.positive-magazine.com/downtown-san-paulo/
www.fool.com/investing/2022/09/01/nvidias-drop-signal-new...
Is Nvidia's Drop Signaling the Beginning of a New China-U.S. Trade War?
Key Points
• Stock markets bounced back on Thursday.
• Shares of Nvidia fell on reports of new licensing requirements for exports to China.
• The move could signal newly heightened tensions between the U.S. and China that could in turn spur a full-blown trade war in time.
Big declines for the chipmaker came amid new restrictions on semiconductor exports.
Stock markets finally came back to life on Thursday, as major market benchmarks recovered from substantial losses early in the session. The Nasdaq Composite (^IXIC -1.31%) still lost ground, but the Dow Jones Industrial Average (^DJI -1.07%) and S&P 500 (^GSPC -1.07%) moved higher to break a multi-day losing streak.
One stock that played a big role in holding the Nasdaq back from gains was Nvidia (NVDA -2.08%). The chip-making giant saw its shares fall nearly 8% on Thursday, as investors reacted to an unexpected renewal of geopolitical tensions that could spur further challenges, not just among semiconductor companies, but also throughout the technology sector.
Dealing with trade restrictions
Nvidia's drop came after the company revealed late Wednesday that it had received word from the U.S. government of new licensing requirements on some of its integrated circuits. The restrictions covered potential exports to Russia, which is entirely consistent with the sanctions that governments across the globe have put on the country after it invaded Ukraine earlier this year.
However, the U.S. government licensing requirements also apply to future exports to China. According to Nvidia's initial filing to the U.S. Securities and Exchange Commission, any systems that incorporate the company's A100, H100, or A100X integrated circuits, such as the DGX processor, will be covered by the requirements. In addition, any newly developed integrated circuits in the future with performance levels at or greater than the current A100 chip will be subject to licensing requirements.
Nvidia warned that the financial report it had filed just last week included 400 million in potential sales to China that would possibly be subject to the new licensure requirement. Customers would presumably have the ability to substitute alternative products that aren't subject to government regulation or to seek an exemption from the requirements. But Nvidia couldn't assure investors that its clients would be able to get the U.S. government to grant exemptions, or that it would be successful in persuading its Chinese customers to switch to other integrated circuits.
Escalation toward a trade war?
The move is the latest volley between the U.S. and China regarding protection of intellectual property. High-end chips from Nvidia and rivals like Advanced Micro Devices (AMD -2.54%) are often used in key applications such as artificial intelligence. Chip shortages have raised the issue of ensuring adequate supplies of these chips to one of national security, prompting the licensing requirements.
For its part, China has responded diplomatically, calling for the immediate removal of the trade restrictions on tech products. Indeed, that might have resulted in the U.S. government backing off to some extent on Thursday. In a subsequent SEC filing, Nvidia said that the government had authorized various exports to support the development of the H100 product line, as well as allowing support of U.S. customers through exports through the beginning of March 2023. Nvidia will be able to fulfill A100 and H100 orders through its facility in Hong Kong for the next 12 months.
The U.S. government wants to avoid letting Chinese tech companies gain access to advanced chips from Nvidia, AMD, and others, in part because it fears that China will use them to build their own counterparts. Overt export restrictions won't necessarily resolve the threat of intellectual property theft.
In the long run, tech companies seeking maximum growth want open access to all of the world's biggest markets. If geopolitical tensions continue, then they could make that best-case scenario for Nvidia and its peers impossible to achieve -- with potentially substantial long-term implications for shareholders.
www.wsj.com/livecoverage/stock-market-news-today-09-01-20...
Nvidia Stock S&P 500's Biggest Loser as Chip Shares Fall After New China Requirements
Nvidia's shares were down nearly 12% Thursday after the chip maker reported new requirements regarding shipments of its chips to China that could cost it as much as $400 million in quarterly sales.
The stock's fall was a drag on chip industry shares, which fell broadly Thursday. The PHLX Semiconductor Index was recently down almost 5%.
finance.yahoo.com/video/nvidia-stock-drops-u-restricts-15...
Nvidia stock drops after U.S. restricts chip sales to China
Yahoo Finance anchors discuss Nvidia stock after U.S. officials imposed a new license requirement for its exports to China.
AKIKO FUJITA: Shares of Nvidia down significantly, nearly 11% here, after US officials ordered the company to halt its sales to China. In a filing with the SEC on Wednesday, the chipmaker revealed that the US government has imposed a new license requirement for any exports to China and Russia of the company's AI chips.
And we should point out, this isn't just Nvidia, AMD also saying they received new licensing requirements. But the reason we're seeing Nvidia fall so significantly is because the company has now said that they could lose $400 million in potential sales in China as a result of not being able to sell these specific AI chips.
BRIAN CHEUNG: Yeah, and you see, AMD, for example, down almost 7% today. So as you mentioned, it's not just them. But Nvidia disclosing a little bit more in terms of the numbers for their earnings how that's going to impact things. You kind of bear it out, $400 million, that's how much they could lose in potential sales to China.
Important to note that Russia also part of this. Although, Nvidia says that they don't have paying customers in Russia. But of course, China a massive market, not just for Nvidia, for the whole chips market at large.
What's also interesting about the kind of political headlines out of this is that the license requirement, apparently, also includes any future Nvidia integrated circuit. So this is not just the A-100-- the H-100 products that are immediately affected, this is gonna be kind of setting the tone for future revenue streams as well, which is very important as these companies continue to try to scale up to meet the high demand for chips.
AKIKO FUJITA: Well, you could argue this is part of the larger conversation that's been coming out of the White House, which is to say, not necessarily decoupling-- I mean, that you can never decouple the two countries-- but it is about the US trying to build out its own inventory, more domestic manufacturing. But also, that coming at the expense of China.
And now, you've got essentially the US Commerce Department coming out and saying, look, if you're a chipmaker in the US, you can't sell specific things. This has sort of been, you know, the ball's been kind of rolling on this. But these companies that are a little more exposed to China, like Nvidia, is certainly going to get hit harder, which is why we're seeing the stock down today.
finance.yahoo.com/news/us-offers-relaxations-nvidia-ai-11...
US Offers Relaxations To Nvidia For AI Chip Development In China
🔸 Nvidia Corp (NASDAQ: NVDA) informed that the U.S. government would allow it to continue developing its H100 artificial intelligence chip in China.
🔸 The U.S. granted permission to Nvidia to perform exports needed to support U.S. customers of A100 through March 1, 2023.
🔸 Additionally, it permitted A100 and H100 order fulfillment and logistics through Nvidia’s Hong Kong facility through September 1, 2023.
🔸 Earlier, it acknowledged that U.S.’s new export restrictions could hamper its operations in the country.
🔸 Nvidia noted that its third-quarter guidance included about $400 million in potential sales to China, which may be subject to the new license agreement.
🔸 U.S. restricted sales of high-performance AI chips for servers, the A100 and H100, to China and Russia.
🔸 However, it authorized exports, reexports, and in-country transfers needed to continue Nvidia’s development of H100 integrated circuits.
🔸 The U.S. aimed to restrict U.S. exports of certain semiconductors and equipment, fearing China’s exploitation of the same for military purposes.
🔸 Nvidia CEO Jensen Huang warned analysts against Chinese cloud companies slowing down building out their data centers and that China was a “very large market” for the company, CNBC reports.
🔸 Now Nvidia can continue to ship AI chips from its Hong Kong facility through September 2023.
🔸 Some analysts are optimistic that Nvidia can reduce the impact of the new export restrictions by working with the government. However, clarity is pending over China’s retaliation.
🔸 The U.S. took steps to restrict China’s access to cutting-edge semiconductor technology, including imposing restrictions on China’s chipmakers.
Guilty as charged!
Right in front of my nose, huge buildings, occupied by hundreds of families.
Downtown San Paulo, Brazil.
Few blocks from the City Hall, the Stock Exchange, the Central Bank among so many other fundamental, worthy and basic institutions.
In just one of the buildings, 475 families occupies 27 unfinished floors.
Kids play and run.
Clotheslines on the outside of the building, without any protection from falling down and in front of the entire city.
Windows, with breathtaking views, of one of the biggest and most populated cities on the Planet, made of compensated wood or sticks, even at the 27th floor.
People that use strength and organization to impose their reality, to a society that doesn’t care to listen.
Guilty as charged!
Project link www.alessandro-vecchi.com/occupy
These images were taken for the South African documentary Not in my Neighbourhood www.instagram.com/notinmyneighbourhood/
You can also check out this project featured on Positive Magazine www.positive-magazine.com/downtown-san-paulo/
Guilty as charged!
Right in front of my nose, huge buildings, occupied by hundreds of families.
Downtown San Paulo, Brazil.
Few blocks from the City Hall, the Stock Exchange, the Central Bank among so many other fundamental, worthy and basic institutions.
In just one of the buildings, 475 families occupies 27 unfinished floors.
Kids play and run.
Clotheslines on the outside of the building, without any protection from falling down and in front of the entire city.
Windows, with breathtaking views, of one of the biggest and most populated cities on the Planet, made of compensated wood or sticks, even at the 27th floor.
People that use strength and organization to impose their reality, to a society that doesn’t care to listen.
Guilty as charged!
Project link www.alessandro-vecchi.com/occupy
These images were taken for the South African documentary Not in my Neighbourhood www.instagram.com/notinmyneighbourhood/
You can also check out this project featured on Positive Magazine www.positive-magazine.com/downtown-san-paulo/