Total has agreed to pay $398mn in fines in the US over a bribery scheme to win contracts in Iran, while a French prose-cutor is requesting that chief executive Christophe de Margerie be referred to a French criminal court. The US Justice Department has charged the company with conspiracy ...
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The United States has reached a deal with Chinese telecommunications giant ZTE that includes a $1 billion fine, according to Commerce Secretary Wilbur Ross. The fine comes on top of the roughly $1 billion ZTE has already paid for selling equipment to North Korea and Iran, in violation of US...
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The Saudi deal with Iran and choice of China as an intermediary is consistent with a deeper shift in Saudi foreign policy, which has been evident for some time. By adapting to changing circumstances, Mohammed bin Salman is looking to Saudi Arabia’s future and trying to strike a wider balanc...
Lol. So - ZTE was dealing with Iran and the US then sanctioned dealings with Iran but then forgot ZTE was making major purchases from the US for its dealings with Iran and it would be shooting itself in the foot. So then make an exception. Reply 👍 ? Anonymous XNU 26 May 2018 Zen...
In any case we will see what happens when the Brent spot price reaches $75/bo in 2020$ over a 12 month period (monthly average 12 month oil price). My guess is that the 12 month centered average for World C plus C output (83031 kb/d, December 2018) is likely to be surpassed, pr...
US-China market value gap reaches record high A pivot in monetary policy has investors diverting capital from cash and low-yield bonds to more appealing asset classes, such as equities. Geographically, investors have been shifting capital from slowing economies, such as China, or geopolitically ...
Biden said the Iranians "have not only decided to assassinate someone, they have taken on the basis in which ... nations deal with one another." However, he refused to speculate on whether the alleged plot was undertaken at the behest of the upper reaches of Iran's government ...