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The United States plans to remove exemptions from sanctions on Iranian oil, pressuring Japan, South Korea, Turkey, India and China to stop imports and find sources of alternative energy.
A senior US official told the FT that Mike Pompeo would announce the lifting of the waivers on May 2. This decision, which comes one year after Iran pulled out of the nuclear deal, is the latest US effort to isolate Tehran. as a result of its unprecedented mark this month of Iran's Revolutionary Guard as a foreign terrorist organization.
The United States is reportedly negotiating with Saudi Arabia and the United Arab Emirates to offset Iran's oil losses, but energy markets are already tense and supply chains under threat in Libya and Venezuela. Brent crude prices also jumped 3.3% on Monday news.
The withdrawal of the waiver could also have political implications for President Donald Trump, who pointed to the low prices of gasoline as part of his speech in the 2020 elections. Here's how the other players in the election. industry reacted. (WaPo, FT, Bloomberg)
In the news
Sri Lanka: The death toll is rising
The death toll from devastating Sri Lankan attacks on churches and luxury hotels rose to 290 on Monday, the deadliest outbreak of violence since the end of Sri Lanka's civil war. 2009. No group claimed responsibility, but Sri Lankan intelligence was alerted to the potential threat of a major terrorist attack by an Islamist group known as the National Thowheeth Jama & # 39; th. The Colombo Stock Exchange suspended trading on Monday. (FT)
Ghosn charged with new charges
Carlos Ghosn was accused Monday of embezzling funds and caused $ 5 million in damages to Nissan. The latest indictment occurred on the 18th day of Mr. Ghosn's detention, following his fourth arrest earlier this month. (FT, WSJ)
Democrats fight against removal
The Democrats are wondering whether to try to impeach Mr. Trump when the president warned that the resumption of attacks on him after the conclusion of the report of the special advocate Robert Mueller would cost them "very expensive". Here is what we now know about Russia's efforts to influence the 2016 elections. The decision of the Democrats must be clear, writes Charles Blow: obstruction of justice is a crime. (FT, NYT)
China differs from new data rules
China is delaying the publication of a controversial measure that would prevent foreign companies from extracting certain data from the country in order to avoid a new confrontation as the US-China trade talks reach a critical stage. A long-sought trade agreement will only open the next phase of competition from the big powers: technology. The United States, or even Europe, can still catch up with China's preparations for the preparation of 5G where it matters most, writes Rana Foroohar: exploiting the data. (FT, BBC)
Boeing's problematic practices
Workers at a 787 Dreamliner plant in Boeing, South Carolina claim that the plant is plagued by faulty practices and inadequate monitoring. Dangerous debris remained in the aircraft during the test flights and potential whistleblowers were forced not to report the violations. (NYT)
New President of Ukraine
Volodymyr Zelensky, a humorist with no political experience, is on the verge of becoming president of Ukraine after a landslide victory in last Sunday's election when he won 73 percent of the vote, with 95 percent of the vote. (FT)
The breakthrough of Brexit continues
British Prime Minister Theresa May will seek to breathe new life into talks with the opposition Labor Party as both sides seek a breakthrough in Brexit to avoid "unwanted" elections in New York. European Parliament on 23 May. Unhappy British voters could express their dissatisfaction earlier on May 2 elections. (FT)
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Samsung delays the launch of Fold
Samsung has rejected media events for the launch of its new foldable phone in Hong Kong and Shanghai this week, after phone samples of $ 1,980 were reported last week to break, puff and blink after only a few days of use. (FT)
The day to come
China opens online gaming licenses
China will begin accepting applications for online gaming licenses on Monday under new regulations released on Friday, including content verification and market controls. China's approvals were frozen in March 2018, harming industry leaders such as Tencent. (Reuters, FT)
Tesla organizes an investor day
The electric vehicle builder, who announced last week that four of its directors would resign as part of a governance overhaul, will introduce stand-alone driving technology to investors on Monday, two days before the announcement. An expected loss in the first quarter. (FT, WSJ)
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What we read
Capitalists in crisis
The US system of decades-old corporate capitalism is suddenly subject to debate, as CEOs demand preventive reforms to avoid a feared reaction if a Democrat wins the White House in 2020. "I I am a capitalist, and I even think. capitalism is broken, "said Ray Dalio of Bridgewater Associates. (FT)
China shows off naval power
China will showcase its rapidly growing naval power with a maritime parade on Tuesday, touted as the most important of all times, highlighting its ambitions to challenge the US for control of the Pacific. (FT)
Dismantling CFPB
The Consumer Financial Protection Bureau aimed to protect Americans after the financial crisis, but under Mick Mulvaney, now Mr. Trump's chief of staff, the agency has undergone a dramatic restructuring to give more power to the predatory lending industries. This should not change under Mr. Mulvaney's successor. (NYT, LA Times)
Can the Chinese auto industry bounce back?
At Shanghai's largest annual Chinese show, executives have been cautiously predicting a sales pickup this year, hoping that SUVs and electric vehicles will help reverse the economic downturn in the world's largest auto market. (FT)
Exit interview of the French ambbadador
Gérard Araud, the former French emissary in Washington who resigned Friday after a 37-year career, presents a very candid badessment of the Trump government, which he compares to the court of King Louis XIV, led by a whimsical, unpredictable, "uninformed." (Guardian)
The largest supermarket in America is fighting
Kroger, the conservative giant of the Cincinnati-based grocery store, follows its competitors in the e-commerce era and spends $ 4 billion on technology investments, even as equities have dropped 17 percent since June 2017. "We have to get it right," says Executive Director Rodney McMullen. (WSJ)
The witches' marks revealed
Knole, built in the 15th century, is one of the largest houses in the United Kingdom. It is also full of "witch marks", marks around the portals, including windows, doors and chimneys to protect royalty against witchcraft. Experts say the ritual first proved successful in England's Reformation, before spreading with migration across Europe, up to the United States and in the United States. Australia. (FT)
If you live in an old house and find similar marks around openings – windows, doors and chimneys, as well as attics – we would like to hear about it: send us a message to [email protected]
For more information, click here to receive our new House & Home Unlocked newsletter.
How to develop your business
How do you bring your small business to the next step? Here's a step-by-step roadmap for improving your business, knowing when to seize an opportunity to market your success to new customers. (NYT)
Video of the day
What does Britain suffer?
FT chief economic commentator Martin Wolf said the UK was facing six interlocking crises ranging from stagnant living standards to lack of political leadership. (FT)
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