Huawei’s bonds came under pressure on Friday, whereas the company’s stocks did fairly well in a volatile environment.
The head of Italy’s Central Reserve Bank said Thursday that Italy can no longer delay efforts to start reducing the country’s public debt, shedding new light on an issue that has dogged Italy for years and now is nearing critical levels.
U.S. president Donald Trump has played a “constructive role” in deescalating the situation with Iran, William Wechsler from the Atlantic Council says. Yet the situation is extremely dangerous, as a war might break out “by mistake”.
Iran’s most prominent military leader has recently met Iraqi militias in Baghdad and told them to “prepare for proxy war”, the Guardian reports.
Norway is hosting representatives of the government and opposition to conduct peace negotiations.
The Permanent Missions of the United Arab Emirates, the Kingdom of Saudi Arabia, and the Kingdom of Norway sent a joint letter to the United Nations Security Council.
U.S. President Donald Trump has issued an executive order that effectively prohibits US companies from using any telecoms equipment manufactured by “foreign adverseries”. The order seems to target China’s Huawei as well as Russian technology such as Kaspersky products. If China retaliates it might hurt Apple more than the U.S.-ban will hit Huawei.
The Dutch government has suspended a mission in Iraq that provides assistance to local authorities due to a security threat, Dutch news agency ANP reported on Wednesday. Germany also haltet its military operations in the country.
All non-emergency personell of the U.S. diplomatic staff in Iraq has been evacuated from the country, amid rising tensions between the U.S. and Iran.
The U.S. are increasing the pressure on companies doing business with Nord Stream 2. The EU is starting to talk with Nord Stream 2 about whether the Gas Directive applies to the project.