Factbox-Who is Andrei Belousov, Putin’s choice as defence minister?

MOSCOW (Reuters) – Russian President Vladimir Putin has proposed a surprise new defence minister, nominating civilian Andrei Belousov, a former deputy prime minister who specialises in economics, for the job more than two years into the Ukraine war, the Kremlin said. Below are some facts about Andrei Removich Belousov: * Belousov, 65, graduated from the…

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South Korea prepares support package worth over $7 billion for chip industry

SEOUL (Reuters) – South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won ($7.30 billion), the finance minister said on Sunday, after setting its sights on winning a “war” in the semiconductor industry. Finance Minister Choi Sang-mok said the government would soon announce details of…

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