MONDAY, 23 SEP 2019

 

CONNECT

Facebook Linked In Twitter
Cyprus_Funds_Summit_29/08-12/11_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Nikos Christodoulides: The Eastern Mediterranean Needs a Regional Organisation

Anastasiades and Greek PM Mitsotakis to Meet in New York

IMH LTD
Ayia_Napa_Marina_16/09-22/09_468x60px

INTERNATIONAL

brought to you by CIPA

Trump Declares National Emergency Over IT Threats

Trump Declares National Emergency Over IT Threats

Donald Trump has declared a national emergency to protect US computer networks from "foreign adversaries", the BBC reports.

He signed an executive order which effectively bars US companies from using foreign telecoms believed to pose national security risks. The order does not name any company, but is believed to target Huawei.

The Chinese tech giant said restricting its business in the US would only hurt American consumers and companies. Several countries, led by the US, have raised concerns in recent months that Huawei products could be used by China for surveillance.

The US has been pressuring allies to shun Huawei in their next generation 5G networks. In a separate move, the US commerce department added Huawei to its "entity list" - a move that bans the company from acquiring technology from US firms without government approval.

The moves are likely to worsen tensions between the US and China, which had already escalated this week with tariff hikes in a trade war. Huawei has been at the epicentre of the US-China power struggle that has dominated global politics over the past year. According to a White House statement, Mr Trump's order aims to "protect America from foreign adversaries who are actively and increasingly creating and exploiting vulnerabilities in information and communications technology infrastructure and services".

It gives the secretary of commerce the power to "prohibit transactions posing an unacceptable risk to the national security", the statement adds. The move was instantly welcomed by Federal Communications Commission Chairman Ajit Pai, who said in a statement it was "a significant step toward securing America's networks". The US had already restricted federal agencies from using Huawei products and has encouraged allies to shun them, while Australia and New Zealand have both blocked the use of Huawei gear in next-generation 5G mobile networks.

MORE ON INTERNATIONAL

Thomas Cook Races to Secure More Rescue Funds

Thomas Cook could fall into administration this weekend unless the travel company finds ...

Huawei About to Unveil Mate 30, Its First Flagship Phone Without Google Services

Huawei is about to find out just how important the Google ecosystem is to its global ...

Facebook Unveils Its Plan for Oversight Board

Facebook has unveiled its plan to create an independent "oversight" board to ...

FROM AROUND GOLDNEWS

   

Anastasiades and Greek PM Mitsotakis to Meet in New York

President of the Republic of Cyprus Nicos Anastasiades will meet with Greece’s Prime Minister Kyriakos Mitsotakis in New York on the sidelines of the UN ...
   

Thomas Cook Races to Secure More Rescue Funds

Thomas Cook could fall into administration this weekend unless the travel company finds £200m in extra funds needed to secure its future, the BBC reports. ...
   

Pwc: East Asian and Northern European Countries are World Leaders on Idea Creation and Intensity

According to PwC’s Global Economy Watch, South Korea has been named the world’s most idea-intensive nation based on the number of patents granted ...
   

Four new Partners at Harris Kyriakides LLC

Harris Kyriakides LLC announces four new partners in the company. As of the 1st of September 2019 the new partners are Andreas Anagnostou, Myria Loizou, ...
   

Firms Make Green Energy Vows as Calls for Action Grow

Some of the world's largest firms including Amazon and Google have committed to big-spending green energy plans as calls for climate action increase, the ...
   

Ambiguities and Concerns in the Implementation of the Informative Brochure and Explanatory Circular for Benefits in Kind

In line with an international trend that has been gaining ground over recent years, many Cypriot companies are now offering a wide range of Benefits in ...
   

Nikos Christodoulides: The Eastern Mediterranean Needs a Regional Organisation

The Eastern Mediterranean is the only region in the world without a regional organization and this is something that we have to work on, Cyprus Foreign ...
   

Looking into the Next Decade: The World in 2020-2030

IMH and IN Business are organising the 10th Limassol Economic Forum on Friday, 18 October 2019 at the Parklane Resort & Spa in Limassol. Since 2010, the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Limassol_Economic_19/06-18/10_300x250px
Forex_18/09-31/10_300x250px

IMH LTD