Commercial

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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FAA says ‘months’ needed to fix Boeing 737 MAX software, not sure how long grounding lasts
The US aviation regulator is hoping the grounding of the Boeing 737 Max series airliners is as “short as possible” but says it will take “months” for the necessary software updates. [...]
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Trade War Cut US Soybean Exports to China 90% – Top USDA Economist
US agricultural exports to China are forecast to fall significantly in crop year 2019, an official in President Donald Trump’s administration said this week, noting that the damage was a result of the administration’s own trade policies with China. [...]
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Russia Switches to Domestic Composites for MC-21 Airliner Thanks to US Sanctions
Earlier, Russian media reported that US sanctions against two Russian tech companies involved in the production of the cutting-edge medium-range jet airliner had cut off access to US and Japanese-made components necessary for the plane's revolutionary composite wing design. [...]
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5G Wireless: A Dangerous “Experiment on Humanity”
Scientists, environmental groups, doctors and citizens around the world are appealing to all governments to halt telecommunications companies’ deployment of 5G (fifth generation) wireless networks, which they call “an experiment on humanity and the environment that is defined as a crime under international law.” Research has shown that wireless radiation can cause DNA damage, neuropsychia [...]
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Breaking up Facebook & Google? RT’s Keiser Report looks at the best way to disband the monopolies
The Louisiana Attorney General Jeff Landry said he would like to see Google, Facebook and other major social media behemoths broken up like the federal government did to Standard Oil more than a century ago. [...]
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Chinese investment in US plunges 83% amid simmering trade war
Chinese investments in North America and Europe fell by 73 percent last year as a result of tightened US scrutiny of foreign takeover deals and Beijing’s restrictions on outbound investments. Data from law firm Baker & McKenzie showed that Chinese foreign direct investment (FDI) flows into the United States have also turned negative, falling to the lowest in seven years. [...]
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Apple sides with China against Trump
Rick Sanchez takes a look at China’s response to the Trump Administration tariffs imposed on Beijing, as US telecom giant Apple losses 64 billion dollars of its value. Apple CEO Tim Cook blames the tit-for-tat and the Trump administration’s trade war with China. Is Apple blameless, or is this a show of force as Apple falls third in the market behind Samsung and Huawei? Host of Boom Bust Bar [...]
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Apple Cuts Sales Outlook over National Boycott in China
Aside from the trade wars, Apple has been hurt by a boycott in China and its own apparent arrogance towards Chinese laws. Apple had to cut its revenue outlook for the latest quarter, citing what it called an "economic deceleration" in China and emerging markets, according to a report by Agence France-Presse. [...]
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Google wins lawsuit, can continue to use facial recognition tech on users without consent
A federal judge has thrown out a lawsuit that alleged Google’s nonconsensual use of facial recognition technology violated users’ privacy rights, allowing the tech giant to continue to scan and store their biometric data. [...]
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