Iran is trying to assert its control over the strait by charging for passage. Experts say it is unlikely to happen, but the threat has unsettled the shipping industry.
Category: United States
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The Risks of Iran’s Threat to Control the Strait of Hormuz
The New York Times – Business: -
Trump Approved an Nvidia Chip for Sale in China. Beijing Doesn’t Want It.
The New York Times – Business:The U.S. tech giant’s powerful H200 chip seemed poised to boost Beijing’s A.I. ambitions, but not a single one has been purchased in China.
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TSA Pushes to Expand Private Security at Airport Checkpoints
The New York Times – Business:Driven in part by the chaos of the last shutdown, the government is expanding efforts to use private security staff instead of federal employees at more airports.
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China Confirms It Will Buy 200 Boeing Planes
The New York Times – Business:The deal, which President Trump announced after last week’s summit, represents the largest single sale of the American company’s aircraft to Beijing in nearly a decade.
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Federal Prosecutors Move to Drop Bribery Case Against Indian Magnate
The New York Times – Business:Gautam Adani had been accused of lying to American investors about payoffs in India. The end of the case came as President Trump has signaled a transactional approach to justice.
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China Indicates Tariffs Were Discussed at Trump Summit
The New York Times – Business:China’s Ministry of Commerce said Saturday that the countries had struck a preliminary agreement to reduce some tariffs, seemingly contradicting statements by President Trump
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Trump Touts ‘Fantastic Trade Deals’ With China, but Details Are Scarce
The New York Times – Business:The president left Beijing following a summit with China, during which the two countries sought to stabilize their economic and political relations.
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Trump Announces Boeing Jet Order From China. Beijing Stays Silent.
The New York Times – Business:The deal, if it materializes, would be a major win for Boeing, which has lost ground to Airbus in one of the world’s largest aviation markets.
