According to two sources familiar with the matter at hand, the U.S. State Department has informed European companies that those helping to build Russia’s Nord Stream 2 gas pipeline face sanction risks. “We are trying to inform companies of the… Read More ›
Washington
Morgan Stanley, and Goldman Sachs JPMorgan to delist some HK-listed structured products following U.S. ban
In a statement, Morgan Stanley, and Goldman Sachs JPMorgan said, they will delist 500 Hong Kong-listed structured products following a U.S. ban on investments in companies Washington has labeled as deemed to be linked to the Chinese military. The Hong… Read More ›
Starting from Monday, all UK passengers flying to US must test negative for COVID-19: CDC
In a significant development, the Centers for Disease Control and Prevention (CDC) said starting from Monday, the U.S. government will require all airline passengers coming from the United Kingdom to test negative for COVID-19 within 72 hours of departure. All… Read More ›
U.S. & EU should iron out differences over subsidies to aircraft manufacturers: USTR
In a significant development, in an interview, U.S. Trade Representative Robert Lighthizer stated the United States and Europe should agree to be on the same page and collaborate in opposing any future “hurtful” subsidies used by China to build up… Read More ›
Washington hopeful of mini-trade deal with London: USTR
In a statement, U.S. Trade Representative Robert Lighthizer told the BBC that Washington is aiming to seal a mini-trade deal with the U.K. which will see a reduction of trade tariffs. Hopefully, punitive tariffs on Scottish whisky could be lowered… Read More ›
S&P Dow Jones Indices delists Chinese-military backed companies
On Thursday, in a significant development, S&P Dow Jones Indices said it would delist Chinese companies including Hikvision from its products, becoming the latest stock exchange to do so following the U.S. Administration ordering restrictions on the purchase of their… Read More ›
U.S. sanctions coming over Hong Kong crackdown : Sources
According to three sources familiar with the matter at hand, Washington is preparing to impose sanctions on at least 12 Chinese officials over their alleged role in disqualifying elected legislators in Hong Kong. The move is likely to be formally… Read More ›
NATO, EU invites U.S. President-elect Joe Biden to rebuild transatlantic ties
In a significant development, top officials from the European Union as well as the head of NATO invited U.S. President-elect Joe Biden to rebuild transatlantic ties. Washington is set to meet its European allies in 2021. NATO Secretary General Jens… Read More ›
Washington bans 4 more Chinese companies from accessing U.S. investor funds
According to sources familiar with the matter at hand, the United States is slated to designate four more Chinese companies as being backed by China’s military thus curbing their access to U.S. investor funds. The previously unreported designations of the… Read More ›
China wants a boost in global trade & service ties : Xi Jinping
On Thursday, in a significant development, Chinese President Xi Jinping stated, Beijing will reduce its tariffs and expand imports of high-quality goods and services; he also vowed to push reforms and promote an innovation-driven growth model. The development comes in… Read More ›