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US sanctions on Huawei: Divided we fall?

2020-06-09 02:00:00| Total Telecom industry news

On May 15th the US government introduced new sanctions on Huawei, tightening restrictions on the company’s use of American technology and threatening to drastically reshape the global technology supply chain. The move is the latest in a long line of sanctions the US has placed on the vendor, which include adding the company to an ‘entity list’ last May which barred American companies from selling to Huawei and its affiliates unless the exporter held a specific license. In practice, however, last year’s sanctions could be comfortably navigated by simply purchasing chips manufactured outside the US, such as from the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing (TSMC)…read more on TotalTele.com »

Tags: we fall divided sanctions

Chevron Oil Cargo Tangled in US Sanctions on Venezuela

2020-06-05 20:30:00| OGI

A Chevron Corp. crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with Venezuela, the company confirmed.

Tags: oil venezuela cargo sanctions

U.S. Senators Move to Tighten Sanctions on Delayed Russia-to-Germany Gas Pipeline

2020-06-05 14:57:46| OGI

U.S. senators revealed a bill on June 4 expanding sanctions on Russias Nord Stream 2 natural gas pipeline and targeting the project Washington says will boost Moscows economic and political influence in Germany and other European countries.

Tags: move gas delayed pipeline

Venezuelas Oil Exports Sink to 17-year Low, Choked by US Sanctions

2020-06-03 00:00:00| OGI

Venezuela's oil exports plummeted in May to their lowest level since 2003 as U.S. sanctions choked exports, according to data and internal shipping documents.

Tags: us low oil sink