Huawei Bonds Tumble Most On Record

WNM | May 17, 2019 at 3:29 PM

Huawei’s bonds came under pressure on Friday, whereas the company’s stocks did fairly well in a volatile environment.

War between U.S. and Iran might break out by mistake, expert says

WNM | May 17, 2019 at 1:17 AM

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”.

Trump issues executive order that might ban Chinese and Russian technology

WNM | May 16, 2019 at 12:47 AM

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.

US evacuates diplomatic staff from Iraq

WNM | May 15, 2019 at 5:45 PM

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.