China will conduct talks on an investment pact with the European Union at its own pace, raising doubts about whether a deal can be sealed by year-end. China’s Foreign Ministry said, on Friday, that negotiations for the EU-China Comprehensive Agreement on Investment, which would grant European companies greater access to the Chinese market, have gone on for six years. An EU official said earlier that a deal was close, following a push from Germany, which holds the EU presidency until the end of the year and is the biggest European exporter to China. But the latest comments by the Chinese government suggest otherwise. China will “conduct talks at its own pace on the premise of safeguarding its security and developmental interests’’, foreign ministry spokesman, Wang Wenbin, told a news briefi...
Italy reported 459 coronavirus-related deaths on Friday against 505 the day before, the health ministry said. The daily tally of new infections increased by 19,037 from 18,040 the day before, taking the total number of cases since Italy’s epidemic began to 2.02 million. Italy on Thursday became the eighth country in the world to exceed 2 million officially recorded cases. The number of swab tests carried out in the past day was 152,334 from a previous 193,777, the health ministry said. The first Western country hit by the virus, Italy has reported 71,359 deaths since its outbreak came to light on Feb. 21, the highest toll in Europe and the fifth highest in the world. Patients in hospital with COVID-19 stood at 23,402, down by 668 from the day before. The current number of intensive care pa...
Near the wreckage of Beirut’s port, a charity is bringing Christmas cheer to a city hammered by a devastating explosion, rising coronavirus infections and the worst economic crisis since Lebanon’s 1975-1990 civil war. The Solidarity Christmas Village, decked out with flashing fairy lights and glittering trees, has been offering visitors free entry to watch concerts and pick up drinks and snacks, lifting the mood of families who can’t afford seasonal luxuries. People dressed in giant polar bear costumes and others in Santa Claus outfits offer some festive spirit to a country that is a patchwork of Christian and Muslim sects. “We need to make our children happy …. even if we are tired,” said Toni Hossainy, who had brought her son. The Christmas village has been set up in a temporary warehous...
The United States imposed long-anticipated sanctions on Turkey on Monday over Ankara’s acquisition of the Russian S-400 air defense systems, further complicating already strained ties between the two NATO allies. Turkey condemned the sanctions as a “grave mistake” and urged Washington to revise its “unjust decision.” Senior U.S. officials said in a call with reporters that Ankara’s purchase of the S-400s and its refusal to reverse its decision left the United States with no other choice. The sanctions, first reported by Reuters last week, target Turkey’s top defence procurement and development body Presidency of Defence Industries, its chairman Ismail Demir and three other employees. While limited to one company, they are still likely to weigh on the Turkish economy, analysts said, at a ti...
U.S. warns Pacific islands about Chinese bid for undersea cable project
The United States has warned Pacific island nations about security threats posed by a Chinese company’s cut-price bid to build an undersea internet cable, two sources told Reuters, part of an international development project in the region. Huawei Marine, which was recently divested from Huawei Technologies Co Ltd and is now majority-owned by another Chinese firm, submitted bids along with French-headquartered Alcatel Submarine Networks (ASN), part of Finland’s Nokia, and Japan’s NEC, for the $72.6 million project backed by the World Bank and Asian Development Bank (ADB), the sources with direct knowledge of the project details said. The project is designed to improve communications to the island nations of Nauru, Federated States of Micronesia (FSM) and Kiribati. Washington sent a diploma...