Commercial

US Envoy to Germany Threatens Nord Stream 2 Firms With Sanctions AGAIN

Washington has repeatedly threatened to impose sanctions on all parties related to or working on Nord Stream 2, with President Donald Trump accusing Germany of being a “captive” of Russia and urging Berlin to halt its cooperation on the $11-billion project.

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Nord Stream 2 pipeline project to save EU up to €8 billion a year

Russian-led gas pipeline project Nord Stream 2 may save the European Union about eight billion dollars annually thanks to a 13 percent drop in costs, according to the enterprise’s operator.

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Russia-China trade turnover hits record $100 billion

The volume of mutual trade between Russia and China finally reached $100 billion for the first time ever, according to Gao Feng, the Chinese commerce ministry’s spokesman.

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US cyber officials threaten to stop sharing information with EU allies over Huawei 5G

US cyber officials are attempting to put the squeeze on their European allies, saying they will have to reassess their ability to share information with them if they use Huawei in their 5G networks.

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Trade war with China: US will make sure it causes major ruckus before losing the fight

There are suggestions that the US and China may now sign a trade agreement in May. However, it seems unlikely that this will be the great victory over China that Trump promised, as recent events indicate.

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All roads lead to China: 17 Arab countries join Beijing’s new Silk Road

Beijing has inked cooperation deals on its multi-trillion-dollar Belt and Road Initiative (BRI) with 17 Arab countries, state-run Xinhua News Agency reported, citing the results of a joint Sino-Arab forum.

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Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP

Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP. A study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy.

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Zuckerberg asks governments for more internet regulation in self-flagellation exercise

Facebook CEO Mark Zuckerberg has asked governments and regulators to tighten the screws on digital companies such as his own, and slap them with sanctions if they refuse to abide by rules on privacy, political or harmful content.

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Traditional Russian ice cream melts the heart of Africa

Ice cream and sorbets from Russia’s northwestern city of Vologda can now be enjoyed in Africa. Russian ice cream producer Iceberry has shipped around 75 tons of the cool treat to Ivory Coast (Cote d’Ivoire) and Senegal.

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‘Failed to warn of the defect’: Boeing sued over Ethiopia crash

A lawsuit was filed against Boeing in a US federal court on Thursday in what appears to be the first litigation over the March 10 Ethiopian Airlines 737 MAX crash which killed 157 people. The lawsuit was filed in Chicago federal court by the family of Jackson Musoni, a citizen of Rwanda.

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China signs multibillion-dollar deal with Airbus in another big blow to Boeing

China will buy a total of 300 passenger jets from European aircraft maker Airbus as its US rival Boeing struggles in the aftermath of two deadly crashes involving its 737 MAX.

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Boeing 737 MAX Shock: Pilots REVEALED to Have Learned How to Fly Plane on iPad

Two major accidents in less than five months, which killed a total of 346 people, raised concerns about the safety of Boeing’s brand-new 737 MAX aircraft. It emerged that pilots did not practice flying these planes in simulators, because the company and authorities deemed it unnecessary.

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Washington Accuses Huawei of Activities US Was Busted for by Snowden – Spokesman

The Trump administration has made it clear to Berlin that if it did not bar Huawei Technologies Co. from building Germany’s 5G next-generation mobile networks, Washington would limit the country’s access to US intelligence. Speaking to Sputnik, Patrick Berger, a spokesman for Huawei’s German branch, commented on the US’ campaign against the firm.

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Parents blame elementary school’s cell tower after 4th student gets cancer

California parents are demanding an elementary school remove their on-campus cell tower after four students and three teachers were diagnosed with cancer in just three years.

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Pompeo seeks to recruit top world oil execs to promote US foreign policy

US Secretary of State Mike Pompeo has sought to recruit some of the top oil industry guns to serve as Washington’s foreign policy tools to crack down on “bad actors” like Venezuela, Russia and Iran.

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