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  • Chinese stocks plunge as coronavirus fears grip market

    02/02/2020 7:24:10 PM PST · by BenLurkin · 37 replies
    financial times ^ | Hudson Lockett in Hong Kong
    Chinese stocks tumbled as traders returned from an extended lunar new year holiday despite a promise from the central bank to pump liquidity into the financial system to help cushion the blow of a deadly coronavirus outbreak. The CSI 300 index of major Shanghai- and Shenzhen-listed equities dropped as much as 9.1 per cent at the open on Monday with losses across the board. That puts the benchmark on track for its worst-day performance since August 2015.China had reported 17,205 confirmed cases of the coronavirus and 361 deaths as of the end of Sunday. The fall in equity markets came...
  • Russia closes border with China to prevent spread of the coronavirus

    01/30/2020 8:30:19 AM PST · by tcrlaf · 25 replies
    CNBC ^ | 1-30-2020 | Holly Ellyat
    Russia is to close its border with China as a measure to prevent the spread of the coronavirus, according to the country’s state media. Russian Prime Minister Mikhail Mishustin said Thursday morning that he had signed an instruction to close the state border in the Far East, Russian news agency TASS reported. “A corresponding instruction was signed today. Work on it is already in progress. We will inform all those concerned properly about the measures to close the border in the Far Eastern region and other steps the government has taken (to prevent the spread of coronavirus in Russia)” the...
  • U.S. State Department warns against visiting China, citing coronavirus

    01/27/2020 3:37:13 PM PST · by cornfedcowboy · 8 replies
    Reuters ^ | 1/27/20 | Reuters
    WASHINGTON, Jan 27 (Reuters) - The U.S. State Department on Monday warned against visiting China and said Americans should not travel to the Hubei province, given that the province's city of Wuhan is ground zero for a new deadly coronavirus. The State Department has already ordered the departure of all non-emergency U.S. personnel and family members from the province and the "U.S. government has limited ability to provide emergency services" to its citizens there.
  • Tougher Huawei restrictions have stalled after the Pentagon objects, sources say

    01/27/2020 10:46:10 AM PST · by Tolerance Sucks Rocks · 3 replies
    The Pittsburgh Post-Gazette ^ | January 26, 2020 | Ana Swanson, The New York Times
    WASHINGTON — The Trump administration has temporarily shelved a proposed rule change that would further restrict American sales to Huawei, the Chinese telecom giant, after some officials in the Defense Department and other agencies argued that the measure, which was intended to protect national security, could actually undermine it, according to people familiar with the matter. The rule change, which multiple government agencies were reviewing, would close a loophole that allowed technology companies like Intel and Micron to continue shipping chips, software and other products to Huawei despite a ban that prevented the Chinese company from buying some American products....
  • Chinese high tech firm Huawei’s bullying attitude fails to win over hearts and minds

    12/16/2019 9:29:10 AM PST · by SeekAndFind · 4 replies
    Hong Kong Free Press ^ | 12/15/2019 | Ilaria Maria Sala
    A French academic, Valerie Niquet, a senior research fellow at the Foundation for Strategic Research, is being sued by Huawei France. The Chinese telecom giant has accused Niquet of libel, and, as @HuaweiFactsFR explained in a tweet on November 23 (in French): “In March 2019, #Huawei has filed three lawsuits for libel against a private individual. The complaints are against the authors of the arguments broadcast, and not the media that broadcast them. Huawei respects their independence and press freedom.” In a photographed statement in the same tweet, Huawei further explains that “The suits are only against the affirmations that...
  • Chinese Ambassador Threatens Small European Territory over Huawei 5G Contract

    12/16/2019 5:14:02 AM PST · by House Atreides · 24 replies
    Breitbart.com ^ | December 15, 2019 | Kurt Zindulka
    The Chinese Ambassador to Denmark threatened high-level officials in the Faroe Islands, warning the Communist country would cancel a free trade agreement if the islands refused to sign a contract with the controversial Chinese telecom company Huawei. An audio recording in the Faroe Islands, a small territory of the Kingdom of Denmark north of Britain’s Shetland Islands, reveals that Mr Feng Tie, the Chinese ambassador to Denmark, is shown to have tied growing exports of salmon to China from the archipelago to the local telecoms operator Føroya Tele agreeing to let Huawei build the 5G network. Mr Feng said that...
  • UK set to approve limited 5G role for Huawei

    01/27/2020 4:51:53 AM PST · by Cronos · 18 replies
    Financial Times ^ | 27 Jan 2020 | George Parker, Nic Fildes
    Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. https://www.ft.com/content/5bef8972-405a-11ea-bdb5-169ba7be433d Boris Johnson is expected to approve a restricted role for Huawei in Britain’s 5G network on Tuesday, with ministers looking to impose a new cap on the market share the Chinese telecoms company can take in the UK....
  • It's About More than Huawei, more than 5G: Taking national security seriously

    12/02/2019 11:41:40 AM PST · by SeekAndFind · 7 replies
    The Hill ^ | 12/02/2019 | BY RONALD A. CASS
    While public discussions of U.S.-China relations focus overwhelmingly on tariffs, threats tied to cyberespionage also are getting increased attention from commentators and government officials. The Federal Communications Commission (FCC), for example, is tackling problems associated with Chinese firm Huawei, particularly its equipment’s use in next generation (5G) communications networks. Security concerns, however, go well beyond Huawei and beyond 5G. Any process that incorporates computer chips as well as any process that occurs at the direction of an electronically transmitted instruction is potentially vulnerable to cyber-espionage and cyber-warfare. In the internet age, this covers virtually everything that relies on communication or...
  • N95 Masks Are Selling Out All Over The World As People Everywhere Panic About The Coronavirus Pandemic

    01/27/2020 1:43:57 PM PST · by davikkm · 107 replies
    IWB ^ | Michael Snyder
    I can’t remember ever seeing this much global panic about a virus. The bird flu outbreak that we witnessed a number of years ago definitely shook people up, and the ebola scare received a lot of attention for a short period of time, but this coronavirus pandemic is already on an entirely different level. Despite the fact that there is an impeachment trial happening in Washington right now, this pandemic has dominated headlines day after day, and many experts are warning that what we have seen so far is just the tip of the iceberg. It appears that this virus...
  • US Testing Of 110 Suspected Cases of Coronavirus Delayed Because Only CDC Has Testing Kits

    01/27/2020 11:20:24 AM PST · by setter · 63 replies
    The Daily Mail ^ | 1-27-2020 | Mary Kekatos
    110 suspected cases of Coronavirus in US but only CDC has testing kits and hospitals have to request the kits which has led to a delay in testing
  • The following thread regards how we should be planning for the possibility that nCoV cannot be contained (Tweets from J. Hopkins Director)

    01/26/2020 8:05:50 PM PST · by DoodleBob · 193 replies
    Twitter ^ | January 26, 2020 | Tom Inglesby
    Containment of nCoV is, and should be, the highest priority in China. This requires gov, health care/PH system & the public to work together to ID those w/ sx, get them tested rapidly, get them isolated (home or hospital), provide good med care while keeping HCWs protected. (2/x)The global community should be doing all it can to be helping China w/ the terrible set of challenges it is facing in its effort to contain nCoV. It is not only the right thing to do for China, but it is critical in trying to help prevent global spread. (3/x)We don’t know...
  • Live footage of Wuhan (Updaed info at #24)

    01/26/2020 7:38:11 PM PST · by Rebelbase · 158 replies
    Liveleak ^ | 1/26/20 | kalman29
    2744 cases confirmed, 5794 cases suspected, 80 people died.Video here.