Even as the United States gets ready to tighten sanctions and counters Iranian threats, it is at the same time making efforts to revive the 2015 Iran nuclear deal. “We do not have a deal … and prospects for reaching… Read More ›
threats
Russia’s biggest lender Sberbank closes EU operations
In a statement on Wednesday, Russia’s biggest lender Sberbank said, it was exiting from almost all European markets following threats to its staff, property and large cash outflows. The development comes in the wake of the bank reporting a record annual… Read More ›
FCC unanimously votes to replace Huawei, ZTE telecom equipment from US communications networks
In a significant development, the U.S. Federal Communications Commission (FCC) unanimously voted to finalize a $1.9 billion program to reimburse mostly rural U.S. carriers by replacing Huawei’s and ZTE Corp’s equipment as they are seen as posing national security threats…. Read More ›
Freezing public listed company assets of Hong Kong tycoon Jimmy Lai a wake-up call to global investors: Taiwan
On Saturday, in a statement aimed at international investors, Taiwan warned of the very real dangers of doing business in Chinese-controlled Hong Kong after the city state decided to freeze the media assets of Chinese tycoon Jimmy Lai, who has… Read More ›
Data will decide on next ECB policy: Francois Villeroy de Galhau
ECB policymaker Francois Villeroy de Galhau highlighted the ECB’s resolve to not be swayed by market wings. Economic data will be the determining factor for its next policy move. In an interview on Monday, ECB policymaker Francois Villeroy de Galhau… Read More ›
Saudi Arabia seals $15 billion THAAD deal with U.S. Government
The Trump Administration played the Iran card saying the deal would protect against “.. growing ballistic missile threat from the Iranian regime and Iran-backed extremist groups.” According to a spokesman from the U.S. Department of State, Saudi Arabia will purchase… Read More ›
Avoid China-made telecommunication equipment: U.S. to allies
The United States is pushing allies to avoid using telecommunication equipment made by Chinese Companies, including Huawei Technologies, citing heightened cybersecurity risks. Following perceptions of threats from espionage, the U.S. government is persuading internet providers and wireless operators in allied… Read More ›
Japan selects Lockheed Martin Corp’s advanced radar worth upwards of $4 billion for its missile defense system
The move will not only ease U.S. concerns of Japan’s trade surplus with Washington but will also strengthen the country’s defenses against its foes. Japanese military planners see North Korea as an immediate source of danger and perceive China’s growing… Read More ›
NTIA recommends blocking China Mobile from accessing U.S. market citing threats to national security
From a purely commercial perspective, blocking China Mobile from accessing the U.S. market is unlikely to make any material impact since the bulk of its income is derived from the domestic market. A post by the U.S. National Telecommunications and… Read More ›
Trump Administration excludes strategic allies from higher import tariffs on aluminum and steel
The exemption, albeit temporary, will be further reviewed on May 1 2018. In a strategically significant development with widespread repercussions, U.S. President Donald Trump has excluded, albeit temporarily, 6 countries, including the European Union, Canada and Mexico, from stiff U.S…. Read More ›
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