Theyll stick to it as long as iran is committed if. News of. We as europe have collectively affirmed our desire to preserve the benefits of the deal signed in july twenty fifteen including for iran to protect the legitimate interests of all companies but. If the us reintroduces that sanctions in august European Companies would also be banned from doing business in iran. As a Counter Measure europe plans to reactivate an old law who took mocking statute that would prohibit European Companies from complying with the u. S. Sanctions on iran. But opposing the us is risking especially for International Companies dependent on business from america. But some European Companies are preparing for an exit nonetheless. The worlds biggest container ship mask says it will be winding down its around operations geminis biggest insurer allianz said it was preparing to wrap up that. Siemens has said its holding new deals with iran and french oil and gas company totalis says it will pull out of a multib
Urged saudi arabia to refrain from output cuts in order to keep gasoline prices low for u. S. Consumers saudi policy makers may be reluctant to go against him off to the murder of shakti it unleashed a fuse a lot of criticism from american lawmakers leaving the president as one of prince mohammeds few remaining allies in washington that might throw drivers but countries relying on oil exports to finance their economies toppy about current price levels for the last three months has been heading steadily downhill for the start of a job or a barrel of north sea brant crude stood at a respectable eighty six dollars by the end of november it was struggling at fifty seven dollars though it stabilized for now at sixty thats causing Oil Producers a lot of financial problems so much so that the organization of Petroleum Exporting countries has put production cuts high on the agenda of its latest vienna meeting. What you need to feel if you. Want to see where you. Should be tied to. That is you
And its on the macros last day on the job as the leader of her conservative c. D. U. Party to stay on as counselor to step down as party chair after eighteen years at the helm who succeeds or could mean a new direction for germanys conservatives. And a final farewell to a former american president World Leaders attending a state funeral for george bush sr will be buried in his home state of texas later today. Im brian thomas thanks so much for joining us canada has arrested one of the biggest names in chinas Business World war two is the daughter of the founder of chinese to. Comms giant holloway and one of its top Global Executives this arrest is linked to alleged violations of american sanctions against iran she now faces extradition to the United States beijing is demanding her release and stock markets have tumbled on the news. Shes the chief Financial Officer of one of the biggest Telecommunications Equipment companies in the world now its emerged that man wang ju has been in cust