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Huawei executive says US export ban will cost American jobs

Huawei executive says US export ban will cost American jobs

Huawei will survive the US pressure campaign against it, but American jobs may not, says Andy Purdy, Huawei’s chief security officer and former head of the US Department of Homeland Security’s national cybersecurity division. Purdy told CNN’s Julia Chatterley on Friday that he thinks the Trump Administration is taking the wrong steps […]

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US President rejects request for uranium import quota

US President rejects request for uranium import quota

Uranium imports do not threaten the national security of the USA, President Donald Trump has decided in his response to the Uranium Miners’ Section 232 Petition. He did however call for a “fuller analysis” of national security considerations with respect to the entire nuclear fuel supply chain. In their filing […]

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Depositing export earnings in foreign banks now legal violation

Depositing export earnings in foreign banks now legal violation

The government is to start fining people who violate a new regulation intended to force exporters to keep their foreign exchange earnings from natural resources in the Indonesian financial system. Finance Ministerial Regulation (PMK) No. 98/2019 on tariffs and administrative punishment imposes fines and outlines the procedures for imposing levies. […]

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