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MOSCOW, Nov 26 (Reuters) - Norway's risk management and quality assurance firm DNV GL has suspended work on the Nord Stream 2 gas pipeline project led by Russia's Gazprom for fear of being sanctioned by the United States, it said on Thursday.
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Most residents in California, the nation's most populous state, faced new restrictions on Monday after record coronavirus case numbers and hospitalizations, while officials in New York warned similar restrictions could come into effect soon.
DNV GL has therefore ceased delivery of services that may fall under the scope of PEESA," DNV GL said in emailed comments. "Under these new guidelines, we find DNV GL's verification activities linked to vessels with equipment serving the Nord Stream 2 project to be sanctionable.
Commissioned amid doubts about the purpose and relevance of an alliance branded as "brain dead" last year by French President Emmanuel Macron, the report also cited the need for NATO to help against militant attacks, develop a strategy for its southern flank and be more prepared for technological changes.
Seen by some as a Cold War relic until Russia's 2014 annexation of Crimea, the North Atlantic Treaty Organisation found new purpose in its military modernisation but now needs to "play a larger part in an international order", said the 67-page report that was presented to NATO foreign ministers.
Construction of the 1,230 km pipeline is nearly finished but a final stretch of about 120 km still needs to be laid in Danish waters. It was not immediately clear what impact DNV GL's move would have on the project.
If approved, India will join a growing list of countries including the US, UK and Australia that have banned Huawei from providing 5G technology for their respective wireless networks over security concerns. In late June, Singapore chose Europe's Nokia and Ericsson over Huawei to develop the city-state's main
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China is unlikely to tighten its monetary policy soon, even though an economic recovery could gain steam in coming months, Xu Xianchun, a former vice head of the National Bureau of Statistics, told Reuters earlier this week.
Chinese telecoms Huawei and ZTE are expected to be locked out of India's 5G rollout plans amid spiralling relations between the neighbouring countries, according to a Bloomberg report published Thursday.
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While the $11 billion project is led by Russia's Gazprom, half of the funding comes from five European partners: Germany's Uniper and BASF's Wintershall unit, Anglo-Dutch oil company Shell, Austria's OMV and France's Engie.
The news of a potential ban comes as anti-China sentiment in India remains high following a deadly clash in June at a disputed border high up in the Himalayas that left at least 20 Indian soldiers dead. The fallout has included a ban on video-sharing app TikTok -- which has a Chinese parent company-- along with at least 58 other apps that originate from China.
BRUSSELS, Dec 1 (Reuters) - NATO must significantly broaden its scope to help deal with climate change, future pandemics and terrorism while focusing on new security threats from China, a new high-level report commissioned by the military alliance said on Tuesday.
The decision is awaiting approval from the Indian Prime Minister's office and is set to be announced within one to two weeks. The South Asian nation will restrict bidders from any country it shares a land border with, under amended investment rules that cite concerns over national security, according to the report.
