For the European Central Bank, which is meeting Thursday to discuss monetary policy, the stronger euro is yet another headache. The bank’s Governing Council is not expected to make any changes to its stimulus program, which is already enormous.
NSO’s specialty is hacking smartphones. Up till now, little was known about Candiru. TheMarker has revealed that the firm offers hacking tools used to break into computers and servers, and now, for the first time, has confirmed it also has technology for breaking into mobile devices.
According to a document signed by an unnamed vice president for Candiru, they also offer a “high-end cyber intelligence platform dedicated to infiltrate PC computers, networks, mobile handsets, by using explosions and disseminations operations.“
The move could allow EU governments to secure vaccines from companies that are not negotiating with Brussels, such as U.S. firms Merck, Inovio and Novavax. They are all in talks with the WHO scheme, dubbed COVAX, but have so far not been reported to be involved in negotiations with the EU Commission.
The UAE and Israel wish to express their gratitude for the overwhelmingly positive response to this historic accord from governments around the world. They are especially grateful to President Donald J. Trump for his leadership and to his administration for the critical role it has played in achieving this diplomatic breakthrough. They are also greatly encouraged by the broad bipartisan support for this breakthrough from the United States Congress.
The first official flight from Israel to the United Arab Emirates (UAE) landed Monday in Abu Dhabi, carrying an Israeli-American delegation to advance the landmark peace agreement between the two Middle Eastern states.
Leading the historic occasion, special White House advisor Jared Kushner addressed reporters at the airport promptly after landing, as Arab media televised the event under the title “Message of Peace.”
However, the UAE decided to cancel the public vent in a bid to protest the statements on the prospect of the US selling advanced F-35 stealth fighter jets to the Gulf Kingdom coming from the Israeli security establishment.
Earlier reports in the Israeli media suggested that the sales of F-35s and other advanced military hardware to the UAE came as a secret clasue in the accord to normalize the ties.
“The whole system is being upended by this. It’s security recklessness. Netanyahu knew where Trump was going with the arms deal and didn’t tell us a thing,” an Israeli defense source told Haaretz on Thursday.
“Both the Ben Shabbat-Norkin conversation and the Netanyahu-Gantz meeting were part of the prime minister’s feelers without him showing his cards. We suspect that Netanyahu gave Trump a wink. The result will be that if the United States wishes, it will sell those planes, and with them offensive drones and other advanced weapons. It will happen without any prior professional discussion in Israel.
Much of this was by design. Onstage and off, the convention organizers delicately and carefully walked a tightrope in order to create as unified a front as possible. They needed to show respect to Sanders, who came in second in the primary contest, and to win the trust of high-profile acolytes like Rep. Alexandria Ocasio-Cortez, so that the party’s activist progressive wing will remain engaged in the election.
In light of all this and more, one may certainly imagine a scenario in which, very quietly, at night before he goes to sleep, Netanyahu is secretly waiting for Joe Biden. The Democratic presidential nominee and his vice-presidential candidate, Kamala Harris, are much easier for AIPAC to maneuver and have a proven record of support for Israel.
True, they won’t pull a gesture out of their sleeve like a new embassy, and it’s also true that there is a wing of the Democratic Party that is very critical of Israel, partially because Netanyahu’s backing of Trump spurred opposition. But they are much more conventional, predictable and easier to work with.
But Netanyahu said Israel would oppose such a deal, as the Israeli military must maintain superiority in the region.
The peace agreement “did not include Israel’s consent to any arms deal whatsoever between the United States and the UAE,” according to a statement from Netanyahu’s office.
“The U.S. made clear to Israel that it will always ensure to protect Israel’s qualitative edge.”
Defense Minister Benny Gantz on Tuesday warned that the proliferation of the F-35 fighter jet was “not good for Israel,” following reports that the United States would sell the advanced aircraft to the United Arab Emirates.
“It’s not good for Israel that the plane is going around in other places. We need to talk to the Emiratis, to the Americans, and make sure that our security interests are being upheld,” Gantz told reporters in a press conference.
On Wednesday, Channel 13 reported that Meir Ben-Shabbat, chief of Israel’s National Securit Council, approached Israeli Air Force head Amikam Norkin in June for a review of Israel’s position on such a sale.
According to the report, the move came in a breach of the command chain, as Ben-Shabbat was supposed to first speak with Defense Minister and Alternative Prime Minister Benny Gantz, whom Netanyahu kept in the dark in regards to the upcoming deal with the UAE.
The UAE official added that Israel, the United States and the Emiratis agreed to bolster the military capabilities of the Gulf kingdom as an integral part of the peace deal.
Israel procured its first two F-35 jets in 2016 and has reportedly been using the aircraft in some of the strikes in Syria, becoming the first nation to deploy the jets in combat.
As of today, the Jewish state is also the only Middle East nation to have the jet in its air force, with Turkey booted out of the F-35 program in 2019.
In an interview with Sky News Arabia, the leading television channel in the UAE, Netanyahu was asked how the normalization deal between the UAE and Israel will serve regional peace. He answered: „Vastly. The deal connects the UAE with Israel; both of them are advanced democracies and their societies are advanced.“ Netanyahu uploaded a video of the interview to his Twitter account, and deleted it shortly after.
Why it matters: U.S. law requires the administration to consult with Israel before selling arms to any Arab country to ensure Israel can maintain its qualitative military edge. It must also report to Congress on the matter.
This morning, Israel’s Yedioth Ahronoth newspaper reported that the normalization deal included a secret clause, approved by Netanyahu, about F-35 sales to the UAE.
A U.S. Department of Defense announcement on Thursday said Pentagon’s No.1 weapons supplier Lockheed Martin Corp has been awarded a $62 billion, 10-year contract for the production of F-16s for Foreign Military Sale (FMS), and the initial delivery order is for 90 aircraft.
Relations are in free fall. Lines are being drawn. As the two superpowers clash over technology, territory and clout, a new geopolitical era is dawning.
A Tel Aviv court has rejected a legal case filed by Amnesty International that attempted to block the Israeli spyware firm NSO Group from selling its cyberweapons internationally.
The rights groups sought to force the Israeli defence ministry to revoke NSO Group’s export licence for its leading phone-hacking software, Pegasus. Amnesty’s lawyers alleged the product had been used by repressive governments to target activists, including one the rights group’s own researchers, as well as journalists.
“Today’s disgraceful ruling is a cruel blow to people put at risk around the world by NSO Group selling its products to notorious human rights abusers. At a moment when NSO and the Israeli MOD should be held accountable for their practices, it is appalling that the court has failed to do so.
“NSO Group continues to profit from human rights abuses with impunity. The ruling of the court flies in the face of the mountains of evidence of NSO Group’s spyware being used to target human rights defenders from Saudi Arabia to Mexico, including the basis of this case – the targeting of one of our own Amnesty employees. We will continue to do all we can to stop NSO Group’s spyware being used to commit human rights abuses.
Israel’s drone deals with Germany began in 2009, when it first leased drones to the German army for use in Afghanistan. Seven years later there was a similar transaction, this time to operate the drones in Mali.
A group of 20 men evacuated from Benghazi, Libya and suspected of having been contracted to lend support to General Khalifa Haftar’s forces, were held under arrest in Malta for two days before being released without charge.
Multiple law enforcement sources speaking to this newspaper say the police are still investigating the incident, almost a year on since the arrival of the men on two RHIBs (rigid-hull inflatable boats) at the Valletta seaport in June 2019.
The abortive mercenary expedition last summer was organized and financed by a network of secretive companies in the United Arab Emirates, according to a confidential report submitted to the United Nations Security Council in February. The companies are controlled or part-owned by Christiaan Durrant, an Australian businessman and former fighter pilot who is a close associate of Erik Prince, America’s most famous mercenary entrepreneur.
Opus and Lancaster 6 financed and directed an operation to provide Haftar’s forces with helicopters, drones and cyber capabilities through a complex web of shell companies, according to two diplomats who briefed Bloomberg on the contents of the UN Panel of Experts report shared with the Security Council’s sanctions committee in February. The diplomats also shared excerpts of the report with Bloomberg.
The State Department inspector general fired by President Trump on Friday was investigating whether the administration had unlawfully declared an “emergency” last year to allow the resumption of weapons sales to Saudi Arabia and the United Arab Emirates for their war in Yemen, according to a Democratic member of Congress who asked for the inquiry.
The Fortune, Petonia and Forest had crossed the Straits of Gibraltar over the last 24 hours; the Fortune is estimated to be around a week away from Caracas.
Imagine that you are not carrying the virus, but you go in for testing and leave carrying the virus.
The Telegraph report stated that it is “not clear” how the tests were contaminated.
One of the suppliers – the Luxembourg-based firm Eurofins – sent an email on Monday morning to government laboratories in the UK warning that a delivery of key components called “probes and primers” had been contaminated with coronavirus and would be delayed.
The firm admitted there had been “an issue” and insisted other private providers had suffered the same problem.
“About 80% to 90% of laptops are manufactured in China right now. But not all components are manufactured in China. For instance, some components are coming from Vietnam.”
Shipping components for laptop assembly from countries like Vietnam into China is a challenge, but getting laptops out of China to other countries like the U.S. is a bigger hurdle because of commercial flight restrictions, Ms. Kitagawa said.
Conte said anybody who thinks they can force Italy to accept disciplinary terms as a condition for loans – a sort of „Troika“ regime – have gravely misjudged the mood of his nation. Italy will not take the money. “We will do it alone,” he said.
The message is that if there is no EU solidarity when it matters, then it no longer makes sense for Italy to accept EU surveillance and constraints, or for Italy to forgo use of its own sovereign policy instruments in self-defence.
COSPAR has a planetary protection policy (PDF) ensuring that the world’s space agencies protect the safety of our planet as well as any that we explore.
„The Planetary Protection Requirements are an international NATO treaty, ratified by COSPAR,“ said Moogega Cooper, Planetary Protection Lead Engineer for NASA’s Perseverance rover mission. „It’s an international policy that we have to abide by. Agencies around the world have to make sure their hardware and their spacecraft is clean enough.“
The Department of Health and Human Services said Sunday hydroxychloroquine and chloroquine products can be distributed and prescribed by doctors through the Strategic National Stockpile “to hospitalized teen and adult patients with COVID-19, as appropriate, when a clinical trial is not available or feasible.”
HHS said Germany’s Sandoz has already given 30 million doses of hydroxychloroquine to the Strategic National Stockpile, the federal government’s inventory of medical supplies for public health emergencies, while Bayer has donated a million doses of chloroquine.
„We finally got some good news today,“ Cuomo said during the briefing. „The Chinese government helped facilitate a donation of 1,000 ventilators that will arrive in JFK today.“
The delivery from mask manufacturer 3M was shipped from China and reloaded in Bangkok before it was to be transported to Germany by air freight. However, in Bangkok, the shipment was suddenly „redirected“ to the US, Berlin police confirmed.
The White House said the order is intended to prevent “war profiteers” from hoarding supplies to generate foreign demand and then exporting the goods, and that it will not interfere with the ability of manufacturers to export personal protection equipment (PPE) “when doing so is consistent with United States policy.”
At the moment, the researchers are waiting for the actual drug to arrive from Japan.
Researchers at the University of Aarhus are assessing an already established drug that could prevent the coronavirus from spreading into the human lungs and perhaps slow down the pandemic. Camostat mesylate was developed several years ago for the treatment of heartburn and pancreatitis in Japan, where it was approved by the Japanese Medicines Agency. A trial is planned to test it on 180 coronavirus patients across Denmark as early as next week.
Germany, for example, caused outrage in Austria and Switzerland by stopping shipments of face masks to its neighbors. Several states have export restrictions, usually hidden in impenetrable legalese, on medical equipment from goggles to gloves and ventilators. Italy, in particular, feels let down. When it first tried to invoke an EU mechanism to share medical supplies, no member state helped. Ironically, only China sent equipment.
Venezuela has swapped millions of barrels of crude for supplies of corn and water trucks under an oil-for-food deal struck with a Mexican firm, in an effort to secure imports amid tightening U.S. sanctions, according to the company and export schedules.
Prosecutors said in December they intended to file an indictment in the case against the key suspects in the affair: former naval chief Eliezer Merom; Netanyahu’s attorney and confidant David Shimron; and Ganor.
The suspicions published in December said Ganor and Bar-Yosef, who got to know each other during their military service, met in 2009 when Bar-Yosef proposed they cooperate to advance Ganor’s being named as ThyssenKrupp’s agent in Israel, because he “wanted to get some monetary value out of it.”
The prime minister will use a speech on Monday to toughen his stance ahead of trade talks following the UK’s formal withdrawal from the bloc.
EU chief negotiator Michel Barnier will also set out his approach to the talks, which are due to start next month.
Boris Johnson is preparing to impose full customs and border checks on all European goods entering the UK after Brexit, in a ramping up of pressure on the coming EU-UK trade talks, the Telegraph has learned.
Gwadar port in southern Pakistan recently began handling cargo bound for Afghanistan. While undoubtedly a positive development for the $50 billion China-Pakistan Economic Corridor, experts say the economic sustainability of the Chinese-managed port remains far from certain.
In a statement to Reuters on Saturday, Salame said that if the matter is not resolved today, it will be discussed on Sunday in the Berlin summit.
Libya’s national oil company has declared a “state of emergency” after exports of its oil from the ports in the eastern part of the country were blocked by forces loyal to the Libyan National Army’s General Khalifa Haftar.
The Petroleum Facilities Guard – a militia that controls major export terminals in eastern Libya – has ordered local subsidiaries of the National Oil Corporation (NOC), who run them, to cease all operations, the firm said in a statement.
The United States is working closely with China to have it cut off altogether imports of Iranian crude oil, as the U.S. steps up sanctions pressure on the Iranian regime, U.S. Secretary of the Treasury, Steven Mnuchin, told Fox News’ ‘Sunday Morning Futures’.
This year’s turbulent events in the Middle East—a major source of oil supply for the world’s largest oil importer, China—have had Beijing scrambling to salvage the Iran nuclear deal after the U.S. assassinated Tehran’s top military commander.
At the same time, China has significantly reduced its crude oil imports from Iran in recent months because of the U.S. sanctions on Iranian oil exports.
On Tuesday, the three European signatories to the Iran deal — France, Britain and Germany — formally triggered the dispute mechanism, which accuses Iran of violating the agreement and could lead to the restoration of the anti-Iran UN sanctions that had been lifted by the JCPOA.
Tehran has particularly been disappointed with the European trio’s failure to protect its business interests under the deal after the United States‘ withdrawal.
After patiently watching for more than a year and seeing no clear action from the other signatories of the nuclear deal, Iran invoked Articles 26 and 36 of the Joint Comprehensive Plan of Action (JCPOA) to let go of some of the limitations put on its nuclear work.
The State Department warned that the U.S. could shut down Iraq’s access to the country’s central bank account held at the Federal Reserve Bank of New York, a move that could jolt Iraq’s already shaky economy, the officials said.
Israel’s security apparatus and its over-collaborative judiciary would do well to look up, then commit to memory, the words of U.S. Supreme Court justice Louis Brandeis: „Publicity is justly commended as a remedy for social and industrial diseases. Sunlight is said to be the best of disinfectants.“
Iranian President Hassan Rouhani says the United States knows it cannot bring the Islamic Republic to its knees through its maximum pressure policy.
Lavrov made the comments on December 30 after meeting in Moscow with Iranian Foreign Minister Mohammad Javad Zarif, who said that the European signatories to the deal were „not taking any practical steps“ to support it.
„The ship’s 16 crew who are of Malaysian nationality were arrested,“ the Guards‘ naval commander for the region, Brigadier-General Ali Ozmayi, was quoted as saying.
Abu Musa is one of three islands in the southern Gulf that are under Iranian control but claimed by the United Arab Emirates.
Hong Kong (CNN) At the start of this year, as Zimbabwe cut off internet access across the country following anti-government protests, the internet pressure group Keep It On warned that such „shutdowns must never be allowed to become the new normal.“
Twelve months later, however, that’s exactly where we are.
But the court ruled that authorities had failed to follow proper procedures in revoking a previously issued license allowing the sale of 110 vehicles to Saudi Arabia, 10 of which had already been sent by the end of last October.
The Pentagon’s deployment of new radar, air defense and other military assets to the Gulf nation was discussed during talks Gen. Mark Milley, chairman of the Joint Chiefs of Staff, held with Saudi officials this week.
Milley, in his first visit to this key U.S. ally since becoming President Trump’s chief military adviser this fall, met with Crown Prince Mohammed bin Salman and other leaders during his visit.
Despite harsh language criticizing what Beijing calls U.S. interference in China’s domestic affairs, and a second summoning of the U.S. ambassador in a week, China’s leadership still wants a deal to help alleviate pressure on its fast-weakening economy.
China’s thirst for Saudi Arabian oil continues to grow on the back of massive refinery joint ventures, and the nation is also drawing more crude from Russia, as imports from the U.S., Iran and Venezuela dwindle, fresh Chinese customs data for the year to November show.
Increasing wages increases consumption. Because 22% of consumption is imported in Germany – and because increasing wages doesn’t increase exports: if anything, the opposite – Germans having more money in their pockets will lead to them buying more foreign goods, reducing the current account surplus.
This won’t be easy to execute. There is a deep bipartisan consensus in Germany to maintain the status quo.
Egypt has become the second biggest customer of the German weapons industry with €800 million ($880 million) in purchases, according to the government’s arms exports report for the first half of this year.
The UAE, another actor involved in the Yemen conflict, ranked sixth among the biggest customers, with Berlin approving the sale of more than €206 million (over $226 million) worth of arms exports to this country.
Instead of growing the economy by state backing and export-led growth as competitors have done, we’re left behind clinging to a protectionist bloc designed to protect French agriculture and German manufacturing at our expense.
We want to stay in the Single Market but ignore the fact that we’re running a £100 billion trade deficit in goods with it. That means the export of jobs, money and economic demand primarily to Germany.
It also urged EU Member States to halt exports to Egypt “of arms, surveillance technology and other security equipment that can facilitate attacks on human rights defenders and civil society activists,” and for “the EU to implement in full its export controls vis-à-vis Egypt with regard to goods that could be used for repression, torture or capital punishment.”
“If anyone thinks that seizing tankers and attacking oil infrastructure can in any way affect cooperation between Russia and our Arab friends, Saudi Arabia and the UAE, that they can undermine or break down our cooperation with OPEC+, then they are profoundly wrong,” said Putin, addressing a question on regional security.
“On the contrary, we will forge ever closer ties because our main goal is to stabilize global energy markets,” he added, saying that Russia remained committed to the initiatives of the OPEC+ group of oil producers driven by Saudi Arabia’s Crown Prince Mohammed bin Salman.
During the talks with King Salman bin Abdulaziz Al Saud, the current state of and prospects for multifaceted Russia-Saudi Arabia cooperation, including in trade, the economy and investment, are expected to be reviewed.
There will be an exchange of views on pressing issues on the international agenda, primarily the situation in the Middle East and North Africa.
Russian President Vladimir Putin will begin his visit to Saudi Arabia, which has suffered from an attack on its oil facilities a month ago. He has one thing in his mind – touting Russia’s missile defense system.
At the request of U.S. Central Command, Secretary of Defense Mark Esper authorized the deployment of additional U.S. forces and the following equipment to the Kingdom of Saudi Arabia:
Officials in Beijing didn’t immediately acknowledge their decision. Phone calls to the CNPC rang unanswered on Sunday and its website bore no mention of the withdrawal.
However, Iranian Foreign Minister Mohammad Javad Zarif separately complained Sunday about the U.S. campaign against Tehran and its impact on foreign investments.
No10 sources said Mrs Merkel told the premier during the 30-minute showdown that the province must remain within the EU’s customs union indefinitely.
BEIRUT — Syria and Iraq announced the reopening of a border crossing between the two countries Monday, a step toward the normalization of Iraq’s relationship with its western neighbor and a boost to Iran, which will now have an open corridor into Syria.
The crossing, which Iraqi officials declared open for travellers and trade, is crucial for Iran’s bid to cement its growing sway over a corridor of territory from Tehran to Beirut.
The opening of the crossing signified „the victory of the Iraqi and Syrian people over all terrorist groups, especially Daesh,“ said Syrian Interior Minister Mohammad Khaled al-Rahmoun, using a term for Islamic State.
(25. Dezember 1992)
Mr. Weinberger was scheduled to stand trial on Jan. 5 on charges that he lied to Congress about his knowledge of the arms sales to Iran and efforts by other countries to help underwrite the Nicaraguan rebels, a case that was expected to focus on Mr. Weinberger’s private notes that contain references to Mr. Bush’s endorsement of the secret shipments to Iran.
Barr, who is scheduled to go before the Senate Judiciary Committee on Tuesday for his confirmation hearings, ran the Justice Department once before, under President George H.W. Bush.
Back then, the all-consuming, years-long scandal was called Iran-Contra. On Dec. 24, 1992, it ended when Bush pardoned six people who had been caught up in it.
„The Constitution is quite clear on the powers of the president and sometimes the president has to make a very difficult call,“ Bush said then. „That’s what I’ve done.“
According to Global Affairs Canada statistics, Saudi Arabia was the largest non-US export destination for Canada’s defence industry in 2018, receiving approximately $1.2 billion in Canadian military exports.
He elaborated that no „fancy“ systems are needed for this and that the quite simple and battle-proven Russian Pantsir S1 (NATO reporting name SA-22 Greyhound) systems with dual 2A38M 30 millimetre automatic cannons equipped with infrared direction finders would do the trick. Russia has been successfully using Pantsirs to repel frequent massive drone attacks on its Hmeymim base in Syria carried out by local militant groups.
Next month, President Vladimir Putin is set to visit Saudi and the Gulf, a chance to deepen cooperation on energy and oil, drum up investment and promote Russia’s Pantsir group of anti-UAV weaponry, the arms systems the state export company will put on display at the Dubai Airshow in November.
This entire narrative stinks. Seems to me that Trump’s continued refusal to start a unilateral military attack against Iran (despite implied Saudi urging) has stumped MBS (Saudi Defense Minister), and the whole war scenario now seems to be de-escalating.
Top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day after an attack on its processing facilities this month, sources told Reuters last week, although Saudi Aramco has yet to confirm it is fully back online.
„Oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we haven’t seen in our lifetimes,“ in the event of greater conflict with Iran, Saudi Crown Prince Mohammed bin Salman told CBS 60 Minutes.
The warning comes two weeks after a drone and missile attack on Saudi Arabia’s oil facilities that Riyadh and Washington blame on Iran.
Russia is set to be a major winner after an attack on Saudi Arabian oil facilities slashed production and ramped up tensions in the Middle East, analysts predict.
In a frantic day for the world’s markets, oil prices climbed by almost 15% Monday following the drone attacks on Abqaiq, Saudi Arabia’s largest oil refinery, which pumps around 5% of the world’s oil supply.
Blue and White party candidates have in recent days sent many messages to Mandelblit demanding that the case be reopened and that Prime Minister Binyamin Netanyahu’s role in the affair be re-examined.
Mandelblit wrapped up his investigation in Case 3000 months ago, concluding that Netanyahu was not involved in influence peddling in the sale of submarines by the German company ThyssenKrupp to Israel.
Oil prices tumbled more than 2 per cent on Wednesday after a report that U.S. President Donald Trump was considering easing sanctions on Iran, which could boost global crude supply at a time of lingering worries about energy demand.
U.S. oil prices dropped more than 2% on Wednesday after Bloomberg News reported that President Donald Trump discussed easing sanctions on Iran in order to reopen negotiations.
WTI crude oil futures fell 2.9% to $55.75 a barrel, while Brent crude fell 2.28% to $60.96 a barrel.
First, we learnt that the economy overall expanded by 0.3 per cent in July, significantly faster than the 0.1 per cent expected, and better than most of our main rivals. Next, we found out that the trade deficit narrowed slightly as imports fell. Finally, we learned that employment was at record highs and that wages were still growing at record rates.
– Jeremy Corbyn delivered hard-Left attack on Boris Johnson in speech at TUC
– He said that the PM wanted a Brexit settlement to benefit his ‚wealthy friends‘
– Union baron Len McCluskey sent class war message ‚workers are coming for you‘
Let us be quite clear. The rearguard campaign to prevent a “no-deal” Brexit is merely a smokescreen for the real objective, which is to frustrate any Brexit at all and, in effect, overturn the referendum outcome.
How many times does this need to be restated? Germany desperately needs to change its economic model, now more so than ever as its own economy, that of the European Union, and the world as a whole, again teeter on the brink of recession.
Most of all, it needs to make itself more reliant on internal, domestic demand, and less on exports.
The announcement by government spokesman Ali Rabiei represent just the latest twist in the saga of the Adrian Darya 1, which had been known as the Grace 1 when authorities seized the vessel off Gibraltar on July 4, on suspicion of breaking European Union sanctions targeting Syria.
Russia’s far east may just be the beginning. ROSATOM has said that it’s in talks with potential customers for the floating power unit, and sees “significant market potential” in Southeast Asia, Latin America and Africa.
Oil plunged on Friday after China announced new tariffs on U.S. goods, including crude oil.
Helping to support the market are simmering tensions between the United States and Iran, with Iranian President Hassan Rouhani cautioning Washington against tightening pressure on Tehran.
President Trump on Friday pledged to respond to China’s latest round of tariffs “this afternoon,” further ratcheting up the trade war between Washington and Beijing.