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Using Huawei Puts Intel Sharing With U.S. in Peril, Envoy Says

February 17, 2020 admin Comments Off on Using Huawei Puts Intel Sharing With U.S. in Peril, Envoy Says

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here. The fight between the U.S. and Europe over Chinese technology is threatening to split the transatlantic military alliance, and tensions were ratcheted up another notch on Sunday by the U.S. ambassador to Germany. Ambassador Richard Grenell tweeted that President Donald Trump had instructed him to “make clear that any nation who chooses to use an untrustworthy 5G vendor” risks jeopardizing intelligence and sharing with the U.S. “at the highest level.” The comment on Twitter seemed specifically aimed at Huawei Technologies …read more […]

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Emerging Markets Trust China’s Virus Steps to Keep Rally Going

February 16, 2020 admin Comments Off on Emerging Markets Trust China’s Virus Steps to Keep Rally Going

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Emerging markets may take their cue this week from a recovery in commodity prices and signs China’s efforts to stem the spread of the coronavirus are working.Gauges of stocks, bonds and currencies in developing economies all rose in the five days through Friday as raw materials had their best week this year. Chinese officials urged the nation to meet its economic targets for 2020 as Hubei province, the epicenter of the outbreak, reported a slowing rate of new infections.Despite a rally in …read more […]