Tag Archives: moving
Huawei urging suppliers to break the law by moving offshore – U.S. Commerce chief
China’s telecoms giant Huawei has been encouraging its suppliers to violate U.S. law by telling them to move operations offshore in a bid to avoid U.S. sanctions, Commerce Department Secretary Wilbur Ross told Reuters on Tuesday. In May, the U.S. government placed Huawei Technologies Co Ltd on a trade blacklist known as the entity list, over national security concerns, forcing some suppliers to apply for special licenses to sell equipment to the company. On Tuesday, Ross said in an interview that those frustrations extended to a push from Huawei to move its supply chain overseas.
U.S. slaps sanctions on firms moving Venezuelan oil to Cuba
The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and vessels transporting Venezuelan oil to Cuba, amid an acute fuel scarcity in the island that is forcing people to line up for gasoline and public transport. Despite tough U.S. measures against Venezuela’s state-owned oil company PDVSA in January, Cuba’s state-run oil import and export company Cubametales and other Cuba-based entities “have continued to circumvent sanctions by receiving oil shipments from Venezuela,” the Treasury said in a statement.
Typhoon kills 3 in South Korea before moving to North Korea
One of the most powerful typhoons to ever hit South Korea swept along the country’s coast on Saturday, toppling trees, grounding planes and causing at least three deaths before moving on to North Korea. Typhoon Lingling knocked out power to more than 161,000 homes across South Korea, including on the southern island of Jeju, which was lashed by the storm overnight, the Ministry of the Interior and Safety said. After hitting Jeju, the storm remained offshore as it moved up South Korea’s west coast on Saturday morning before making landfall in North Korea in the afternoon.