US judge dismisses indictment against Huawei CFO that strained US-China relations
Synopsis by ctvnews.ca Dec 02 22
U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China's Huawei ...Read full article 
Reuters: U.S. judge dismisses indictment against Huawei CFO that strained U.S.-China relations
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Federal judge dismisses financial fraud charges against Huawei CFO Meng Wanzhou: The move concludes a yearslong dispute involving charges that accused Meng of ...
axios.com/2022/12/03/huawei-meng-wanzhou-charges-dismissed
U.S. to dismiss charges against Huawei's Meng Wanzhou: U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou ...
ctvnews.ca/business/u-s-to-dismiss-charges-against-huawei-s-meng-wanzhou-1.6178105
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Federal judge dismisses financial fraud charges against Huawei CFO Meng Wanzhou: The move concludes a yearslong dispute involving charges that accused Meng of ...
axios.com/2022/12/03/huawei-meng-wanzhou-charges-dismissed
U.S. to dismiss charges against Huawei's Meng Wanzhou: U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou ...
ctvnews.ca/business/u-s-to-dismiss-charges-against-huawei-s-meng-wanzhou-1.6178105
U.S. includes Cuba and Nicaragua in religious freedom blacklist - The Rio Times: The United States on Friday (2) included Cuba and Nicaragua in its blacklist of ...
riotimesonline.com/brazil-news/mercosur/u-s-includes-cuba-and-nicaragua-in-religious-freedom-blacklist/
US judge dismisses indictment against Huawei CFO that strained US-China relations
wionews.com/world/us-judge-dismisses-indictment-against-huawei-cfo-that-strained-us-china-relations-539692
U.S. to dismiss bank fraud charges against Huawei CFO Meng: (Reuters) -- U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges ...
asia.nikkei.com/Politics/U.S.-to-dismiss-bank-fraud-charges-against-Huawei-CFO-Meng
Judge dismisses indictment against Huawei exec Meng Wanzhou: The years-long legal saga involving Huawei CFO Meng Wanzhou came to a formal end on Friday after a ...
engadget.com/us-dimisses-indictment-against-huawei-meng-wanzhou-164919359.html
Iran oil exports hit 6-year high as west prepares sanctions: Surge in crude sales to China exposes limits of US and EU attempts to rein in Islamic republic
ft.com/content/00bb5653-e9aa-4af1-8f9e-705137947b32
Quick Glance: Iran's Oil Exports Thrive Amid Rising Tensions
- Iran is exporting more oil than in the past six years, providing the economy with a $35 billion annual boost, as western countries consider tightening sanctions in response to the attack on Israel.
- The US and the EU are preparing new sanctions on the Islamic republic to deter conflict escalation with Israel, facing challenges due to Iran's successful circumvention of sanctions, especially with China being its primary customer.
- Iran has found ways to bypass sanctions, shielded from western pressure as its main oil exports go to China. Tensions have escalated since the Hamas attack on Israel, driving oil prices up by over 15%, while US efforts to sanction individual tankers carrying Iranian oil have had minimal impact so far.
- Mounting Republican pressure urges the Biden administration to take tougher action on Iran's oil sales, with criticism over perceived leniency on existing measures. Despite US strategic oil reserves being released to stabilize prices, concerns remain over the administration's stance on enforcing sanctions similar to the previous Trump administration.
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Quick Glance: Huawei Begins Sales of New Pura 70 Smartphone Amid Chip Scrutiny
- Huawei started selling two models of its highly anticipated, high-end Pura 70 smartphone series that are expected to contain an advanced China-made chip like its Mate 60 handset.
- The Mate series by Huawei emphasizes performance and business features.
- Eric Xu, Huawei's acting chairman, announced that the company also plans to roll out a Mate 70 smartphone this year.
- According to Ivan Lam, a senior analyst at research firm Counterpoint, shipments of about 60 million units from Huawei are expected this year, with the Pura 70 series being an important catalyst.
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- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
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Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
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- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
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- The missile and drone strikes resulted in minimal damage, with Israel and allies successfully intercepting most projectiles.
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Quick Glance: US to Reinstate Sanctions on Venezuela’s Oil and Gas Sector
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- The US government decided not to renew the temporary authorization (General License 44) that allowed transactions with Venezuela's national oil and gas sector without fear of sanctions, citing the Maduro government's failure to uphold key areas of the 'Barbados Agreement.'
- While the impact of revoking the authorization could not be quantified, another authorization from 2022 allowing the oil company Chevron to resume limited resource extraction operations in Venezuela will remain in place.
- Despite reinstating sanctions, a US official emphasized that this should not be seen as a final decision on Venezuela's electoral capabilities, and efforts to support a better future for the country will continue.
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- Israeli Foreign Minister Israel Katz has called on 32 countries to impose sanctions on Tehran as Israel considers a military response to Iran’s attack.
- Israeli military sources reported intercepting 99 percent of aerial threats with assistance from the United States and allies, causing only minor damage.
- Tensions are high as Israel ponders its reaction to Saturday's attack while Germany calls for new sanctions related to Iran's drone supply to Russia for use in Ukraine.
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Russia's arrogance grows due to sanctions evasion and delays in Congress – Zelenskyy
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- President Zelensky condemned Iran's massive attack on Israel, urging international assistance to prevent further escalation in the Middle East.
- Israel reported an attack with 170 drones, 30 cruise missiles, and 120 ballistic missiles, with the majority being intercepted.
- Zelensky emphasized the similarity between attacks in Ukraine and Israel, stressing the need for international unity against terrorism.
- US Congressmen are considering whether to combine or separate aid for Israel and Ukraine in a pending bill, with funding decisions still pending.
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Huawei has a new car and PC, but no P70 smartphone as people await next big launch after Mate 60
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Quick Glance: China and U.S. to Engage in Intensive Talks on Economic Balance
- US Treasury Secretary Janet Yellen announced intensive talks with China to address America's competitive disadvantages.
- Both sides will engage in intensive discussions on balanced economic growth and initiate exchanges on combating money laundering.
- Yellen emphasized the importance of addressing American concerns regarding overcapacity in Chinese production.
- The meetings will be held under existing economic and financial working group frameworks to address balanced growth and money laundering.
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House members propose sanctions on "under the radar" Gaza militant group
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Quick Glance: Cyprus and U.S. Join Forces Against Financial Crimes
- The United States and Cyprus are establishing a partnership to combat money laundering and other financial crimes.
- Cypriot law enforcement agencies are set to sign a memorandum of agreement to collaborate with the U.S. Justice Department and Federal Bureau of Investigation.
- The initiative will also involve the U.S. State Department’s Bureau of International Narcotics and Law Enforcement Affairs, along with Cyprus’ Justice Ministry and the country’s Financial Intelligence Unit.
- The partnership was prompted by the findings of the Cyprus Confidential investigation, revealing Cyprus' involvement in moving illicit funds for Russian President Putin and other dictators.
Qatar says it is reconsidering hostage talks mediator role after suffering ‘damage’
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US says it will not renew easing of Venezuela oil sanctions unless progress made on elections
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House plans raft of Iran sanctions votes after attack on Israel: Republicans will meet on Monday "regarding Iran's recent attack on Israel and defense ...
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Israel-Gaza live updates: Israel will make 'own decisions' on how to respond to Iran, Netanyahu says
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Filling the ‘teapots’: How Russia, Iran bypass Western sanctions on oil: The two top global energy producers have devised ways to circumvent the US-led economic ...
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Huawei contributes to building UAE’s first 5G Smart Warehouse - News | Khaleej Times
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U.S. sanctions target Iran’s drone production after attack on Israel: Treasury announces new sanctions on Tehran but seeks to contain broader conflict.
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Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
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US announces new sanctions on Iran after missile and drone strike on Israel
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Quick Glance: Israel and Iran Step Back
- Iran and Israel pull back after attacks, avoiding direct escalation
- Both Iran and Israel have shown limited responses so far to prevent full-scale war
- Region remains tense, conflict between Israel and Iran remains precarious and unpredictable
- While both sides aim to avoid all-out war, the situation remains volatile and dangerous
US to consider concerns about China's Brite in trade sanction decisions: The Biden administration will consider concerns about Chinese chip designer Brite ...
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U.S. to hit Iran with fresh sanctions after Israel attack: It's a subtle message to Israel that there's more than one way to harm Tehran.
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Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
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Quick Glance: Oil Prices Could Witness a 'Super Spike Well Above $100' Post Iran's Strike on Israel
- Market analysts predicted that oil prices could surge to $100 per barrel and beyond after Iran conducted an aerial attack on Israel, reigniting concerns of a regional war.
- Iran carried out an aerial attack on Israel on Saturday night, launching over 300 drones and missiles, marking the first direct military attack by Iran on the Jewish state.
- Insufficient investment renders the supply more fragile, raising the likelihood of a 'super spike well above $100' if the supply is disrupted.
- Recent months have seen oil prices rise due to trade disruptions and delays caused by maritime attacks in the Red Sea by the Houthis, who express solidarity with the Palestinian people.
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Quick Glance: New Measures Against Iran and Escalation in West Bank
- The United States intends to take further actions against Iran in the coming days to address the attacks on Israel over the weekend, as announced by US officials on Tuesday.
- To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
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Shmyhal, Raimondo discuss strengthening of tech sanctions against Russia: Ukrainian Prime Minister Denys Shmyhal and U.S. Secretary of Commerce Gina Raimondo ...
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Iranian attack on Israel: USA and Great Britain decide on sanctions against Iran: The United States and Great Britain impose sanctions on Iran because of the ...
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G7 Task Force: Switzerland wants to be part of it - but not in the middle of it: Switzerland is not to become an official member of the US-dominated group of ...
nzz.ch/wirtschaft/g7-task-force-gegen-russische-oligarchen-die-schweiz-will-dabei-sein-aber-nicht-mitten-drin-ld.1826751
Quick Glance: Switzerland Rejects Formal Membership in G7 Task Force
- The National Council rejects official membership in US-led task force.
- Switzerland aims to remain neutral but align with allies and not alienate critics.
- Debate over Swiss participation in G7 working group for Russia sanctions implementation.
- Switzerland emphasizes independence and international neutrality.
UN envoy: U.S., allies seeking new ways to monitor sanctions on North Korea - UPI.com
upi.com/Top_News/World-News/2024/04/17/Linda-Thomas-Greenfield-UN-Ambassador-North-Korea-sanctions-Security-Council/6711713335845/
War in the Middle East: Iran exports more oil than it has for a long time: The exchange of blows between Israel and Iran is causing heated discussions. However ...
nzz.ch/wirtschaft/konflikt-im-nahen-osten-iran-exportiert-trotz-sanktionen-so-viel-erdoel-wie-schon-lange-nicht-mehr-ld.1827130
Superyacht sales aren't so super: The mega vessels faced a 17% decline in sales last year
qz.com/super-yacht-sales-fell-russian-sanctions-labor-costs-1851416427
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Are the rich becoming humble? Sales of superyachts collapse: Modest super rich? Sales of superyachts longer than 30 meters fell again in 2023
businessinsider.de/wirtschaft/werden-die-reichen-bescheiden-absatz-von-superyachten-bricht-ein/
RUET team secures 3rd place in International ICT Competition: A group of students from the Rajshahi University of Engineering and Technology (RUET) has achieved ...
thedailystar.net/tech-startup/news/ruet-team-secures-3rd-place-international-ict-competition-3590606
Renewed US Sanctions Stir Economic Tension in Venezuela: The United States has reactivated stringent sanctions on Venezuela's oil industry ...
riotimesonline.com/renewed-us-sanctions-stir-economic-tension-in-venezuela/
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