China is urging the US to cancel a $2.2 billion arms sale to Taiwan

China has asked the U.S. to cancel any planned arms sale to Taiwan, accusing Washington of interfering in domestic Chinese affairs. On Monday, the Pentagon announced to Congress it is likely to make a major sale of arms to the East Asian state when it outlined a $2.2 billion deal to provide tanks, anti-aircraft missiles and related equipment. Taiwan is officially known as the Republic of China (ROC), whereas mainland China to its west is known as the People’s Republic of China (PRC). Beijing pol


China has asked the U.S. to cancel any planned arms sale to Taiwan, accusing Washington of interfering in domestic Chinese affairs. On Monday, the Pentagon announced to Congress it is likely to make a major sale of arms to the East Asian state when it outlined a $2.2 billion deal to provide tanks, anti-aircraft missiles and related equipment. Taiwan is officially known as the Republic of China (ROC), whereas mainland China to its west is known as the People’s Republic of China (PRC). Beijing pol
China is urging the US to cancel a $2.2 billion arms sale to Taiwan Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-09  Authors: david reid
Keywords: news, cnbc, companies, 22, china, arms, united, washington, tanks, diplomatic, relations, cancel, taiwan, urging, billion, island, sale


China is urging the US to cancel a $2.2 billion arms sale to Taiwan

US-made M60 A3 tanks are fired during a life-fire drill on May 25, 2017.

China has asked the U.S. to cancel any planned arms sale to Taiwan, accusing Washington of interfering in domestic Chinese affairs.

On Monday, the Pentagon announced to Congress it is likely to make a major sale of arms to the East Asian state when it outlined a $2.2 billion deal to provide tanks, anti-aircraft missiles and related equipment.

Taiwan is officially known as the Republic of China (ROC), whereas mainland China to its west is known as the People’s Republic of China (PRC). Beijing policy dictates that China will refuse diplomatic relations with any country that recognizes the island as a sovereign state.

Added to that historical tension, the military sale comes at a time when relations between Washington and Beijing are at a particularly low ebb due to the ongoing trade war.

China’s foreign ministry spokesman Geng Shuang told reporters Tuesday that the sale of weapons “seriously violates the one-China principle,” and “grossly interferes in China’s internal affairs and undermines China’s sovereignty and security interests.”

Geng added that China had already lodged formal complaints opposing any sale through “diplomatic channels, “and urged Washington that to avoid to disrupting stability in the Taiwan Strait, it must “immediately cancel the planned arms sale and stop military relations with Taipei.”

The possible deal would include 108 General Dynamics M1A2T Abrams tanks and 250 Stinger missiles. The sale could also include mounted machine guns and ammunitions.

In 1982, the United States issued the “Six Assurances” — six foreign policy principles designed to reassure Taiwan that it would continue to support the island even in the absence of formal diplomatic relations.

In a statement on its English-language website, the Taiwan Presidential Office expressed “sincere thanks” to the United States for helping the island strengthen its defense.


Company: cnbc, Activity: cnbc, Date: 2019-07-09  Authors: david reid
Keywords: news, cnbc, companies, 22, china, arms, united, washington, tanks, diplomatic, relations, cancel, taiwan, urging, billion, island, sale


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UK rushes to repair US relations after email leak brands White House ‘inept’ and ‘divided’

U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Friday, July 5, 2019, where he responded to questions about the ambassador email leak. The U.K. has rushed to repair its cherished special relationship with the U.S. after an email leak showed Britain’s ambassador to the U.S. called the Trump administration “inept” and “uniquely dysfunctional,” among other unflattering terms. International Trade


U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Friday, July 5, 2019, where he responded to questions about the ambassador email leak. The U.K. has rushed to repair its cherished special relationship with the U.S. after an email leak showed Britain’s ambassador to the U.S. called the Trump administration “inept” and “uniquely dysfunctional,” among other unflattering terms. International Trade
UK rushes to repair US relations after email leak brands White House ‘inept’ and ‘divided’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: holly ellyatt
Keywords: news, cnbc, companies, ambassador, relations, trumps, email, divided, president, visit, trump, uk, leak, inept, britains, house, repair, rushes, darroch, white


UK rushes to repair US relations after email leak brands White House 'inept' and 'divided'

U.S. President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Friday, July 5, 2019, where he responded to questions about the ambassador email leak.

The U.K. has rushed to repair its cherished special relationship with the U.S. after an email leak showed Britain’s ambassador to the U.S. called the Trump administration “inept” and “uniquely dysfunctional,” among other unflattering terms.

International Trade Minister Liam Fox said Monday that the leak of confidential emails, that were published on Sunday, from the U.K.’s Ambassador to the U.S., Kim Darroch, could harm U.K.-U.S. relations relations.

The move comes after a British newspaper published leaked comments by Britain’s Ambassador to the U.S. to senior officials in London in which he says that media reports of “vicious infighting and chaos” inside the White House are “mostly true,” and that President Donald Trump’s career could end in “disgrace.”

Regarding allegations of collusion between the Trump administration and Russia to influence the 2016 U.S. election, Darroch also said that “the worst cannot be ruled out,” the Mail on Sunday quoted Darroch as saying.

In other “leaked secret cables,” the newspaper said Darroch described Trump’s apparent indecision regarding the U.S. response to Iran’s shooting down of a U.S. military drone last month as “36 hours of contradictory messaging and decisions.”

The ambassador also said that President Trump and his team had been “dazzled” by their recent state visit to the U.K. but that while “we might be flavor of the month, but this is still the land of ‘America First’.” He also told officials in London that in order to communicate efficiently with Trump “you need to make your points simple, even blunt.”

On Monday, U.S. International Trade Minister Liam Fox rushed to repair Britain’s blushes at the leak, saying he would apologize to Trump’s daughter Ivanka Trump when he meets her during his current visit to Washington.

“I will be apologizing for the fact that either our civil service or elements of our political class have not lived up to the expectations that either we have or the United States has about their behavior, which in this particular case has lapsed in a most extraordinary and unacceptable way,” he told the BBC Monday.

He called the leak of the emails as “malicious” and said “leaks of this nature are unprofessional, unethical and unpatriotic and can actually lead to a damage to that relationship which can therefore affect our wider security interest.”

President Trump has already responded to the less than flattering comments by the diplomat, saying, that “the ambassador has not served the U.K. well. I can tell you that. We’re not big fans of that man … So, I can understand it and I can say things about him as well, but I won’t bother.”


Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: holly ellyatt
Keywords: news, cnbc, companies, ambassador, relations, trumps, email, divided, president, visit, trump, uk, leak, inept, britains, house, repair, rushes, darroch, white


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Trump tells Putin: Don’t meddle in US elections

President Donald Trump told Russian President Vladimir Putin on Friday not to meddle in the U.S. elections, appearing to make light of a scandal that had led to a two-year investigation into his campaign’s contact with the Kremlin during the 2016 elections. Asked by a reporter whether he would raise the issue during a bilateral meeting with Putin, Trump said: “Yes, of course I will.” Trump then turned to Putin to give the directive twice while pointing at the Russian leader. Trump and Putin were


President Donald Trump told Russian President Vladimir Putin on Friday not to meddle in the U.S. elections, appearing to make light of a scandal that had led to a two-year investigation into his campaign’s contact with the Kremlin during the 2016 elections. Asked by a reporter whether he would raise the issue during a bilateral meeting with Putin, Trump said: “Yes, of course I will.” Trump then turned to Putin to give the directive twice while pointing at the Russian leader. Trump and Putin were
Trump tells Putin: Don’t meddle in US elections Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-28  Authors: cnbccom with reuters
Keywords: news, cnbc, companies, summit, elections, trump, russian, tells, yes, meddle, dont, relations, meeting, including, syrian, putin, president


Trump tells Putin: Don't meddle in US elections

President Donald Trump told Russian President Vladimir Putin on Friday not to meddle in the U.S. elections, appearing to make light of a scandal that had led to a two-year investigation into his campaign’s contact with the Kremlin during the 2016 elections.

Asked by a reporter whether he would raise the issue during a bilateral meeting with Putin, Trump said: “Yes, of course I will.”

Trump then turned to Putin to give the directive twice while pointing at the Russian leader. Putin maintained a smile as the remark was interpreted for him.

Trump and Putin were heading into a meeting on the sidelines of the G-20 summit in Osaka, Japan. It was the first time the two leaders have had a formal face-to-face meeting since a controversial high-profile summit in Helsinki last July.

Relations between the two countries have been sour for years, worsening after Russia annexed Crimea from Ukraine in 2014 and backed Syrian President Bashar Assad in the Syrian war. In a recent television interview, Putin said that relations between Moscow and Washington were “getting worse and worse.”

For his part, Trump has sought better relations with Putin to tackle a host of issues, including his goal to rein in North Korea’s nuclear ambitions. On Friday, he emphasized the positive.

“Its a great honor to be with President Putin,” Trump said. “We have many things to discuss, including trade and including some disarmament.”


Company: cnbc, Activity: cnbc, Date: 2019-06-28  Authors: cnbccom with reuters
Keywords: news, cnbc, companies, summit, elections, trump, russian, tells, yes, meddle, dont, relations, meeting, including, syrian, putin, president


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As US-China relations sour, Taiwan’s value as a ‘chess piece’ may rise

Taiwan has always been a “chess piece” that Washington can play with in U.S.-China relations, said Zhiqun Zhu, a professor of political science and international relations at Bucknell University. “Taiwan’s value to the U.S. will only increase as tensions between the U.S. and China escalate,” Zhu told CNBC. Chinese President Xi Jinping has said before that China “must be and will be” reunified with Taiwan — by force if necessary. However, recent military and diplomatic actions from Washington hav


Taiwan has always been a “chess piece” that Washington can play with in U.S.-China relations, said Zhiqun Zhu, a professor of political science and international relations at Bucknell University. “Taiwan’s value to the U.S. will only increase as tensions between the U.S. and China escalate,” Zhu told CNBC. Chinese President Xi Jinping has said before that China “must be and will be” reunified with Taiwan — by force if necessary. However, recent military and diplomatic actions from Washington hav
As US-China relations sour, Taiwan’s value as a ‘chess piece’ may rise Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: shirley tay
Keywords: news, cnbc, companies, taiwans, sour, chess, ustaiwan, tsai, chinese, rise, china, grossman, uschina, trump, relations, beijing, taiwan, value, piece, president


As US-China relations sour, Taiwan's value as a 'chess piece' may rise

Taiwan’s President Tsai Ing-Wen waves to assembled guests from the deck of the ‘Ming Chuan’ frigate during a ceremony to commission two Perry-class guided missile frigates from the U.S. into the Taiwan Navy, in the southern port of Kaohsiung on November 8, 2018. Chris Stowers | AFP | Getty Images

As the United States and China remain deadlocked in a deepening dispute over trade and technology, some experts say Taiwan’s value as a bargaining chip has increased. The self-governed island — which Beijing deems to be a renegade Chinese province — is one of many flashpoints in the rivalry between the world’s two superpowers. Taiwan has always been a “chess piece” that Washington can play with in U.S.-China relations, said Zhiqun Zhu, a professor of political science and international relations at Bucknell University. “Taiwan’s value to the U.S. will only increase as tensions between the U.S. and China escalate,” Zhu told CNBC. Under the Chinese Communist Party’s “One China” policy, the self-ruled island is part of mainland China. Chinese President Xi Jinping has said before that China “must be and will be” reunified with Taiwan — by force if necessary. However, recent military and diplomatic actions from Washington have been seen by Beijing as U.S. support for Taiwan’s independence movement. At the Shangri-la dialogue in Singapore last weekend, Chinese Lieutenant General Shao Yuanming said Washington’s support for Taipei has sent “terribly wrong signals to Taiwan’s independence forces, which could undermine regional peace and stability. ” “If anyone wants to separate Taiwan from the country, the Chinese military will resolutely defend the unity of our motherland at all costs,” Shao added.

‘Upgrade’ in US-Taiwan relations

The U.S. using Taiwan as a card is a new factor in the dynamic of the trilateral relationship that “really did not exist” before President Donald Trump came into power, said Bonnie Glaser, senior advisor for Asia at Washington-based think tank Center for Strategic and International Studies (CSIS). “Trump is a transactional president and he often seems to be willing to put anything on the table,” she told CNBC. On the military front, the Trump administration has ramped up arms sales to Taipei over the years, invoking the ire of Beijing. Washington is reportedly preparing a sale of more than $2 billion worth of tanks and weapons to Taiwan. Diplomatic issues have also come to the fore. In May, high-level security officials from the U.S. and Taiwan met for the first time in nearly four decades, drawing an angry response from Beijing. Chinese Foreign Minister Lu Kang said Beijing is “strongly dissatisfied” with and “resolutely opposed” to any official meetings between the U.S. and Taiwan. “I believe we’re inching closer & closer to Beijing’s redline on US-Taiwan senior official mtgs–those that are publicized at least,” Derek Grossman, a senior defense analyst at California-based think tank RAND Corporation, said on Twitter after the U.S.-Taiwan meeting.

Chinese President Xi Jinping arrives for an event to commemorate the 40th anniversary of the Message to Compatriots in Taiwan at the Great Hall of the People January 2, 2019 in Beijing, China. Mark Schiefelbein | Pool | Getty Images

Grossman told CNBC on email that his understanding is that such meetings “have been ongoing for some time in private.” “My hunch is that it was publicized this time via intentional leak from one or both sides to signal to China that the upgrade in U.S.-Taiwan relations is here to stay,” he added.

Taiwan’s next leader is key

Taiwan is set to have its presidential elections in January 2020 — and experts said the polls would likely determine the direction of cross-strait ties. Grossman said that if the incumbent Taiwanese president Tsai Ing-Wen is re-elected, which is “likely,” cross-strait tensions are likely to escalate further from 2020 to 2024. Glaser from CSIS echoed that sentiment, adding that if a candidate from the independence-leaning Democratic Progressive Party was elected, China would ratchet up military, diplomatic and economic pressure. “I think the Chinese would be worried that there’s always this potential for things to go in a very negative direction because the combination of Trump being president and the possibility that Tsai gets re-elected … could really embolden Tsai to move toward the direction of independence,” she added.

China could miscalculate and think the United States would get involved in a conflict, and that would really be a very dangerous situation. Bonnie Glaser senior advisor for Asia at the Center for Strategic and International Studies

According to Grossman, the best hope for keeping tensions under wraps would be if a candidate from the opposition Kuomintang (KMT) party wins the next Taiwan presidential race and recognizes the “One China” policy. That said, Grossman added, public opinion polling in Taiwan has shown that voters will not likely support the opposition KMT in doing so. “The Taiwanese have been observing how China’s ‘One Country, Two Systems’ approach has worked out in Hong Kong, and it isn’t too inspiring,” Grossman added. A public opinion survey conducted by the Taiwan’s Mainland Affairs Council in May also found that 83.6% of Taiwan opposes Xi’s “one country, two systems” policy.

A ‘small’ risk of escalation


Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: shirley tay
Keywords: news, cnbc, companies, taiwans, sour, chess, ustaiwan, tsai, chinese, rise, china, grossman, uschina, trump, relations, beijing, taiwan, value, piece, president


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Putin and Xi hail ‘unprecedented’ ties as US relations sour

Russian President Vladimir Putin and Chinese President Xi Jingping attend a welcoming ceremony on May 20, 2014 in Shanghai, China. Welcoming Xi to the Kremlin on Wednesday, Putin said ties between Russia and China stood at “an unprecedented level.” Xi echoed that sentiment by saying that the countries’ relations had withstood “trials and tribulations” over the years and were now better than ever. On Wednesday evening, Putin and Xi will attend an event to mark the 70th anniversary of diplomatic r


Russian President Vladimir Putin and Chinese President Xi Jingping attend a welcoming ceremony on May 20, 2014 in Shanghai, China. Welcoming Xi to the Kremlin on Wednesday, Putin said ties between Russia and China stood at “an unprecedented level.” Xi echoed that sentiment by saying that the countries’ relations had withstood “trials and tribulations” over the years and were now better than ever. On Wednesday evening, Putin and Xi will attend an event to mark the 70th anniversary of diplomatic r
Putin and Xi hail ‘unprecedented’ ties as US relations sour Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-05  Authors: holly ellyatt
Keywords: news, cnbc, companies, xi, ties, relations, countries, sour, unprecedented, relationship, visit, hail, level, political, putin, president


Putin and Xi hail 'unprecedented' ties as US relations sour

Russian President Vladimir Putin and Chinese President Xi Jingping attend a welcoming ceremony on May 20, 2014 in Shanghai, China. Sasha Mordovets | Getty Images

Russia and China appear to be intent on strengthening their alliance and fostering deeper cooperation in the face of increased political and economic hostility from the U.S. The bid to strengthen bilateral ties continues this week as Chinese President Xi Jinping is in Russia Wednesday for the start of a three-day state visit and top-level talks with Putin. Welcoming Xi to the Kremlin on Wednesday, Putin said ties between Russia and China stood at “an unprecedented level.” Xi echoed that sentiment by saying that the countries’ relations had withstood “trials and tribulations” over the years and were now better than ever.

“We’ve managed to take our relationship to the highest level in our history,” Xi said. “We will continue to improve our ties and we are ready to go hand in hand with you,” he told Putin at the leaders’ initial meeting that was broadcast online. On Wednesday evening, Putin and Xi will attend an event to mark the 70th anniversary of diplomatic relations between the two countries. A number of trade and investment deals are expected to be signed, although a Kremlin spokesperson was unable to give more detail when contacted by CNBC. Xi will also attend and speak at Russia’s annual St. Petersburg International Economic Forum (SPIEF) that starts Thursday.

A new chapter

Ahead of the visit, Xi remarked on the blossoming relationship between the countries and the need to foster stronger ties. “I look forward to charting the course of our future relationship together with President (Vladimir) Putin and to seeing that our comprehensive strategic partnership of coordination will stride into a new era,” he told Russia’s TASS news agency on Tuesday. “Our two countries enjoy strong political trust and can always count on each other’s firm support on issues concerning our respective core interests and major concerns,” he noted.

Xi said the countries now had new opportunities for growth and “we have the confidence and capability to bring our relations to a new era of greater development at a higher level.” Chinese Vice Foreign Minister Zhang Hanhui noted at a press briefing Tuesday that the visit will “be of milestone significance in the development of bilateral relations,” and “surely promote greater development … under the new situation,” Xinhua news agency reported.

Strong political trust


Company: cnbc, Activity: cnbc, Date: 2019-06-05  Authors: holly ellyatt
Keywords: news, cnbc, companies, xi, ties, relations, countries, sour, unprecedented, relationship, visit, hail, level, political, putin, president


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Trump administration approved nuclear energy transfers to Saudis after Khashoggi killing

The Trump administration approved the transfer of nuclear energy information to Saudi Arabia on two occasions after the slaying of Saudi dissident Jamal Khashoggi by agents of the kingdom, according to Senate Democrats. Sen. James Risch, R-Idaho, the committee’s chairman, sought information about seven so-called Part 810 authorizations granted to U.S. firms to share nuclear energy information with Saudi Arabia beginning on Dec. 13, 2017. The administration is trying to thwart efforts by China an


The Trump administration approved the transfer of nuclear energy information to Saudi Arabia on two occasions after the slaying of Saudi dissident Jamal Khashoggi by agents of the kingdom, according to Senate Democrats. Sen. James Risch, R-Idaho, the committee’s chairman, sought information about seven so-called Part 810 authorizations granted to U.S. firms to share nuclear energy information with Saudi Arabia beginning on Dec. 13, 2017. The administration is trying to thwart efforts by China an
Trump administration approved nuclear energy transfers to Saudis after Khashoggi killing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: tom dichristopher
Keywords: news, cnbc, companies, energy, approved, nuclear, transfers, khashoggi, murder, relations, administration, saudi, arabia, killing, information, trump, saudis


Trump administration approved nuclear energy transfers to Saudis after Khashoggi killing

The Trump administration approved the transfer of nuclear energy information to Saudi Arabia on two occasions after the slaying of Saudi dissident Jamal Khashoggi by agents of the kingdom, according to Senate Democrats.

The administration granted the first approval in question Oct. 18, 2018, 16 days after the killing of The Washington Post columnist and Virginia resident at the Saudi Consulate in Istanbul. The second authorization was granted Feb. 18, 2019, three months after the CIA reportedly concluded that Saudi Crown Prince Mohammed bin Salman ordered Khashoggi’s death.

“The alarming realization that the Trump Administration signed off on sharing our nuclear know-how with the Saudi regime after it brutally murdered an American resident adds to a disturbing pattern of behavior,” Sen. Tim Kaine, D-Va., said in a press release.

The information, first shared by Kaine in the press release, came from documents provided by the Department of Energy to the Senate Foreign Relations Committee. Sen. James Risch, R-Idaho, the committee’s chairman, sought information about seven so-called Part 810 authorizations granted to U.S. firms to share nuclear energy information with Saudi Arabia beginning on Dec. 13, 2017.

In particular, congressional Democrats and Republicans alike wanted to know whether the administration continued to grant Part 810 authorizations for information sharing with Saudi Arabia after Khashoggi’s slaying.

The Department of Energy, which approves Part 810 authorizations along with the State Department, did not immediately return a request for comment. A foreign relations aide for Risch could not immediately be reached to confirm the contents of the letter.

A spokesperson for Sen. Robert Menendez, a New Jersey Democrat and the ranking member of the Foreign Relations Committee, confirmed the dates disclosed by Kaine.

“This adds to my existing worries about the Administration’s willingness to give Saudi Arabia a free pass, especially after its brutal murder of Jamal Khashogghi,” Menendez said in an email to CNBC. “The fact that we now know two of these transactions took place after the murder makes clear that the Administration is willing to support the Saudis with impunity.”

The issue of U.S.-Saudi nuclear energy cooperation has become a flash point in the broader conflict between the White House and Capitol Hill over U.S. relations with Saudi Arabia. Members of Congress have questioned whether the kingdom should be trusted with U.S. nuclear energy technology in light of the CIA conclusion that Crown Prince Mohammed played a part in Khashoggi’s murder, an assessment the Saudis deny.

Saudi Arabia is reviewing bids by firms from several countries to build nuclear reactors in the kingdom. The Trump administration wants American companies to win the work, and the authorizations give U.S. firms the ability to share information as they make their pitches to the Saudis. The administration is trying to thwart efforts by China and Russia to export nuclear reactors to Saudi Arabia and other nations.

Yet the Trump administration’s support for Saudi Arabia goes beyond nuclear energy export policy. Riyadh has emerged as one of the Trump administration’s top allies, particularly as Washington aims to crack down on Iran, Saudi Arabia’s chief Middle East rival.

President Donald Trump’s declaration that the U.S. stands in solidarity with Saudi Arabia following Khashoggi’s killing drew criticism from both sides of the aisle.

Kaine is part of a group of bipartisan senators who introduced legislation in April that would give Congress greater oversight of the executive branch’s power to allow companies to engage in nuclear energy cooperation with foreign countries.

Kaine on Tuesday called out the Trump administration for “citing a bogus emergency to bypass a Congressional block on arms sales to the Saudis, continuing support for the disastrous war in Yemen over Congressional objections, turning a blind eye to the regime’s detention of women’s rights activists, and refusing to comply with the Global Magnitsky Act to reach a determination about the Saudi government’s responsibility for the murder of Jamal Khashoggi.”

The White House did not respond to a request for comment.


Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: tom dichristopher
Keywords: news, cnbc, companies, energy, approved, nuclear, transfers, khashoggi, murder, relations, administration, saudi, arabia, killing, information, trump, saudis


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After Mueller findings, US-Russian relations can hopefully ‘start again,’ VTB’s Kostin says

The Mueller report’s findings that President Donald Trump did not collude with Russia to influence the 2016 election should help to improve relations between the U.S. and Russia, Andrey Kostin, the chairman and president of VTB Bank, told CNBC. “Hopefully, the Mueller report will help to start a rethink (of) the attitude of American politicians towards Russia and maybe we’ll have a new start in our relationship with the United States, hopefully,” Kostin told CNBC’s Geoff Cutmore in Moscow, Wedne


The Mueller report’s findings that President Donald Trump did not collude with Russia to influence the 2016 election should help to improve relations between the U.S. and Russia, Andrey Kostin, the chairman and president of VTB Bank, told CNBC. “Hopefully, the Mueller report will help to start a rethink (of) the attitude of American politicians towards Russia and maybe we’ll have a new start in our relationship with the United States, hopefully,” Kostin told CNBC’s Geoff Cutmore in Moscow, Wedne
After Mueller findings, US-Russian relations can hopefully ‘start again,’ VTB’s Kostin says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: holly ellyatt, andrey rudakov, bloomberg, getty images
Keywords: news, cnbc, companies, relations, start, findings, president, election, trump, usrussian, sanctions, hopefully, russia, relationship, vtbs, mueller, told, report, kostin


After Mueller findings, US-Russian relations can hopefully 'start again,' VTB's Kostin says

The Mueller report’s findings that President Donald Trump did not collude with Russia to influence the 2016 election should help to improve relations between the U.S. and Russia, Andrey Kostin, the chairman and president of VTB Bank, told CNBC.

“Hopefully, the Mueller report will help to start a rethink (of) the attitude of American politicians towards Russia and maybe we’ll have a new start in our relationship with the United States, hopefully,” Kostin told CNBC’s Geoff Cutmore in Moscow, Wednesday.

Relations between Russia and the U.S. have been strained since the former was found to have meddled in the 2016 election and was punished with U.S. sanctions.

Following a 22-month investigation, special counsel Robert Mueller concluded in March that Trump did not collude with Russia to influence the vote, however.

“For a long time the Russian side was saying that the Mueller report would not find any relationship, or behind-the-scenes relationship or agreement, between Trump and Russia because there are none,” Kostin said.

“Two years or so were spent on asking hundreds of people about this and you see the results are zero.”

Russia has constantly denied any meddling in the U.S. election and Kostin said evidence was lacking.

“I can neither confirm nor deny it, I just haven’t received enough information about this from the Mueller report or other sources to justify the accusation against the Russian side,” he said.

How much wider political appetite there is in the U.S. to forgive Russia, which has labored under various sanctions relating to election meddling and its annexation of Crimea in 2014, remains under scrutiny.

Majority state-owned VTB Bank is no stranger to sanctions. Russia’s second-largest bank was placed on a U.S. sanctions list in 2014 following this annexation and support for a pro-Russian uprising in the east of Ukraine.

In 2018, the U.S. added Kostin to a list of sanctioned individuals as he was deemed to be a government official and close to President Vladimir Putin. He told CNBC last May that the decision to put him on the list was “unfair.”


Company: cnbc, Activity: cnbc, Date: 2019-04-24  Authors: holly ellyatt, andrey rudakov, bloomberg, getty images
Keywords: news, cnbc, companies, relations, start, findings, president, election, trump, usrussian, sanctions, hopefully, russia, relationship, vtbs, mueller, told, report, kostin


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Kremlin says Mueller report shows no evidence of Russian meddling

The Kremlin said on Friday that U.S. Special Counsel Robert Mueller’s long-awaited report did not contain any evidence the Russian state had meddled in the 2016 U.S. presidential election. Mueller’s report, released on Thursday, details extensive contacts between Donald Trump’s 2016 campaign and Russian operatives who, it said, sought to tilt the election in Trump’s favor. However, the report did not find evidence of a criminal conspiracy between Trump’s election campaign and Russia. Speaking to


The Kremlin said on Friday that U.S. Special Counsel Robert Mueller’s long-awaited report did not contain any evidence the Russian state had meddled in the 2016 U.S. presidential election. Mueller’s report, released on Thursday, details extensive contacts between Donald Trump’s 2016 campaign and Russian operatives who, it said, sought to tilt the election in Trump’s favor. However, the report did not find evidence of a criminal conspiracy between Trump’s election campaign and Russia. Speaking to
Kremlin says Mueller report shows no evidence of Russian meddling Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-19  Authors: reuters, maxim shemetov, file photo
Keywords: news, cnbc, companies, impact, mueller, kremlin, shows, report, russian, trumps, election, peskov, meddling, having, evidence, relations


Kremlin says Mueller report shows no evidence of Russian meddling

The Kremlin said on Friday that U.S. Special Counsel Robert Mueller’s long-awaited report did not contain any evidence the Russian state had meddled in the 2016 U.S. presidential election.

Mueller’s report, released on Thursday, details extensive contacts between Donald Trump’s 2016 campaign and Russian operatives who, it said, sought to tilt the election in Trump’s favor.

However, the report did not find evidence of a criminal conspiracy between Trump’s election campaign and Russia.

Speaking to reporters on a conference call, Kremlin spokesman Dmitry Peskov said Moscow regretted the Mueller report was having an impact on its relations with Washington.

“In general, the report still does not include any reasonable evidence at all that Russia allegedly interfered in the U.S. election.

“We, as before, do not accept such allegations,” Peskov said.

“We regret that a document of this quality is having a direct impact on the development of bilateral Russian-U.S. relations that are already not in the best condition,” he added.


Company: cnbc, Activity: cnbc, Date: 2019-04-19  Authors: reuters, maxim shemetov, file photo
Keywords: news, cnbc, companies, impact, mueller, kremlin, shows, report, russian, trumps, election, peskov, meddling, having, evidence, relations


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Don’t blame China for unraveling US-Europe relations

That was nearly six years before Italy took up the promises of future business deals with China. In the process, German exports to China over the last five years came to a total of 380.9 billion euro. And well before China began talking to Italy about using the port of Trieste, Greece sold in April 2016 a controlling 67 percent stake to China in the port of Piraeus. In view of all that, how fair and reasonable is it to accuse Italy of breaking the EU ranks on China trade? And it is equally wrong


That was nearly six years before Italy took up the promises of future business deals with China. In the process, German exports to China over the last five years came to a total of 380.9 billion euro. And well before China began talking to Italy about using the port of Trieste, Greece sold in April 2016 a controlling 67 percent stake to China in the port of Piraeus. In view of all that, how fair and reasonable is it to accuse Italy of breaking the EU ranks on China trade? And it is equally wrong
Don’t blame China for unraveling US-Europe relations Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: dr michael ivanovitch, christian minelli, nurphoto, getty images
Keywords: news, cnbc, companies, china, manufacturing, large, billion, road, countries, eu, port, useurope, dont, trade, italy, unraveling, relations, blame


Don't blame China for unraveling US-Europe relations

People with short memory and idiosyncratic agenda take Italy’s regal welcome to Xi during his visit Mar 21-23, and Rome’s acceptance to participate in China’s Belt and Road project, as a seminal event marking an irreparable breach of transatlantic union and solidarity.

That is mean nonsense. Similar breaches are legion.

What should one say, for example, of the beaming Chinese Premier Li Keqiang standing next to Chancellor Angela Merkel in May 2013 to celebrate a China-Germany “dream team,” as he was getting the technology for intelligent manufacturing to replace his smokestack factories?

That was nearly six years before Italy took up the promises of future business deals with China.

During that time, Germany kept selling to China its top technologies and companies, including one of its leading suppliers of robotics and system manufacturing. In the process, German exports to China over the last five years came to a total of 380.9 billion euro.

And well before China began talking to Italy about using the port of Trieste, Greece sold in April 2016 a controlling 67 percent stake to China in the port of Piraeus.

China’s cooperation with Central and East European countries — the 16+1 format — has been expanding rapidly since 2012 in areas of large infrastructure projects and investments in industrial machinery, chemical industries, energy and telecoms. The East Europeans have in large part embraced those new development opportunities because they found no takers among their EU partners.

All those examples are just fragments of a vast China-EU trade. According to the China Railway Corporation, freight trains, running along the Belt and Road itineraries, are now connecting 59 cities in China to 49 cities in 15 European countries. Last year, 6,363 freight train trips were made between China and Europe, a 73 percent increase from 2017.

In view of all that, how fair and reasonable is it to accuse Italy of breaking the EU ranks on China trade?

And it is equally wrong to blame China of driving a wedge among the EU countries. China is just diligently and smartly pursuing its business interests. Last year, China was the EU’s second-largest (after the U.S.) trade partner, with a surplus of 184 billion euro on a bilateral goods trade of 603.9 billion euro.


Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: dr michael ivanovitch, christian minelli, nurphoto, getty images
Keywords: news, cnbc, companies, china, manufacturing, large, billion, road, countries, eu, port, useurope, dont, trade, italy, unraveling, relations, blame


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‘It is impossible’ for US-Russia relations to improve while sanctions are in place, Deripaska says

Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship. Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it, from the U.S. side, it is impossible.” “If you look at the reality, Russian people (and) American people, they don’t hate each other,” he told CN


Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship. Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it, from the U.S. side, it is impossible.” “If you look at the reality, Russian people (and) American people, they don’t hate each other,” he told CN
‘It is impossible’ for US-Russia relations to improve while sanctions are in place, Deripaska says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: sam meredith, natasha turak
Keywords: news, cnbc, companies, place, impossible, way, improve, treasury, deripaska, flexing, muscle, sanctions, russian, wider, moscow, relations, west, usrussia


'It is impossible' for US-Russia relations to improve while sanctions are in place, Deripaska says

Russian tycoon Oleg Deripaska, a close confidant of Russian President Vladimir Putin, said on Sunday that Moscow and Washington are more interested in “muscle flexing” than improving their relationship.

Asked whether he has hopes of thawing tensions between Russia and the West while economic sanctions are in place, Deripaska replied: “The way I see it, from the U.S. side, it is impossible.”

“If you look at the reality, Russian people (and) American people, they don’t hate each other,” he told CNBC’s Geoff Cutmore during an exclusive interview in Moscow. “In the heart of the Russian people, I think there is room to go and start a new page but the problem is all of this muscle flexing from both sides.”

Deripaska on Friday filed a lawsuit against the U.S. Treasury Department to lift the sanctions it placed on him last year as part of a wider retaliation for Russian interference in the U.S. election and what the Treasury described as its “malign activity around the globe.”


Company: cnbc, Activity: cnbc, Date: 2019-03-18  Authors: sam meredith, natasha turak
Keywords: news, cnbc, companies, place, impossible, way, improve, treasury, deripaska, flexing, muscle, sanctions, russian, wider, moscow, relations, west, usrussia


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