In a statement Britain said, it had collected evidence of multiple ships from various countries apparently breaching United Nations sanctions on North Korea which ban the sale of fuel to the country. HMS Richmond, a British frigate, has been taking… Read More ›
Geopolitics
Huawei’s CFO Meng Wanzhou returns to China in quid pro quo
In a significant development, Huawei’s Chief Financial Officer Meng Wanzhou arrived back in China after fighting U.S. extradition for around three years, in yet another sign of weakening global clout of the United States. The move also reflects a change… Read More ›
Taiwan’s Bid To Join The Trans-Pacific Trade Pact Welcomed By Japan
The bid of Taiwan to be a part of a trans-Pacific trade agreement was welcomed by Japan on Friday saying that Taiwan shared common democratic principles with Japan. Taiwan is claimed to be its own territory by China, Compared to… Read More ›
More trade action will be taken against Huawei if needed: U.S. Commerce Secretary Gina Raimondo
In a statement U.S. Commerce Secretary Gina Raimondo said, if necessary the Biden Administration will take further action against China’s Huawei. Washington continues to see the Chinese tech company as a national security threat on a variety of grounds and… Read More ›
EU countries should present a united front in COP26 negotiations
According to sources familiar with the matter at hand, countries from the European Union should do more to iron out burrs in their negotiating position vis-à-vis the COP26 climate change conference, following emergence of rifts over timeframes for emissions-cutting pledges…. Read More ›
Sweden deepens defense cooperation between Norway Denmark midst tensions with Russia
According to a news bulletin from Sweden’s TV4, Stockholm is set to sign a defence cooperation agreement with Denmark and Norway in an effort to counter a deteriorating security situation in the Baltic region. Although Sweden is not a NATO… Read More ›
Supply Chain Issues Can Hit Auto Firms By $210 Billion In 2021, Says A Forecast
According to Alixpartners, global automakers might lose $210 billion in sales in the current year because of due to supply chain interruptions, which was nearly double compared to an estimate issued by the organization earlier this year. In a recent… Read More ›
Internal Government Dissent Over India’s Plans For Stricter E-Commerce Rules: Reuters
India’s plans to tighten regulations on its rapidly growing e-commerce market have run into internal government dissent. According to a report published by the news agency Reuters based on memos of the government seen by it, the Ministry of Finance… Read More ›
Hezbollah importing oil into Lebanon is breach of Lebanon’s sovereignty
According to a report from TankerTrackers.com, a third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon. Last week on Friday, Lebanese Prime Minister Najib Mikati had said, Iranian fuel shipments, imported by the Hezbollah movement, constitute… Read More ›
China’s irrational unilateral trade behavior against Taiwan casts shadow on its application to join CPTPP
Taiwan has threatened to drag China to the World Trade Organization following a statement from Beijing saying it would suspend the import of sugar apple and wax apple citing pest concerns. The move marks the latest spat between Democratic Taiwan… Read More ›