As a result of North Korea's missile testing, Japan plans to increase its sanctions against the country

To further punish North Korea for its nuclear and missile programs, Japan said on Tuesday that it will be freezing the assets of five additional companies.

Since late September, North Korea has repeatedly test-fired ballistic missiles, including a launch on October 4 of a ballistic miss...

Following the EU's coal sanctions on Russia, Germany is grappling with oil and gas

For some months, several German power plant owners have been prepared for the sanctions imposed last week. They said it was due to suspected Russian behaviour.

On April 7, late in the evening, the European Union imposed the fifth package of sanctions on Russia in response to its invasio...

HUAWEI LAUNCHES OPERATING SYSTEM ‘HARMONYOS 2’ FOR SMARTPHONES

Highlights –

• Huawei launches operating system ‘HarmonyOS 2’ for smartphones.
• HarmonyOS is an open-source operating system designed for various devices and scenarios.
• With the launch of the new OS, it will no longer be whol...

HUAWEI’S Q1 REVENUE FELL 16.5% TO $23.5 BILLION

Highlights –

• Huawei’s Q1 revenue fell 16.5% to $23.5 billion.
• The company attributed the decline to lower revenue for its consumer unit.
• It is struggling to hold onto its global market share after U.S. sanctions that devastated ...

ALEXANDER LUKASHENKO AND HIS SON PUT ON THE SANCTIONS LIST OF EUROPEAN UNION

Highlights:

• Alexander Lukashenko and his son have been officially put on the European Union sanctions blacklist
• This move came after the European Union member state’s decision was published in the official journal of the European Union

RUSSIA TAKES A TOUGH STAND AGAINST US ‘SNAPBACK’ PUSH

HIGHLIGHTS

• The Permanent Representative of Russia to UN has warned against the US push to snap back the UN sanctions against Iran.
• Russian Foreign Minister also said that such move from USA would only undermine the authority of UN Security Council.

CARRIE LAM SAYS THE US SANCTIONS WILL BE PROBLEMATIC BUT WILL NOT FEAR FOR REPERCUSSIONS

HIGHLIGHTS

• Hong Kong leader Carrie Lam felt proud to be supported by the Beijing government in carrying out the new sweeping legislation in the financial hub despite the US trade sanctions on her and her colleague.

Carrie lam told the Chinese s...

“IRAN KILLED VARDANJANI”: US

Highlights: 

• The US accuses Iran of plotting the murder of its ex-intelligence cadre
• Iran refutes the charges in strong words 

The story dates back to much before 2019. Masoud Molavi Vardanjani was an Iranian intelligence operative. He late...

Oil Prices surge a US-IRAN locks tension heightens

With the US-Iran tensions running high, after Trump approved of Iraqi general Qassem Soleimani’s assassination, the oil prices are taking hit. The prices of oil rose to a three month high as US-Iran relations is under stress. Oil prices surged to $70 a barrel.

Industry experts are...