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EU rejects Iran’s ultimatum over nuclear deal

BRUSSELS, May 9. /TASS/: The European troika of UN mediators (the UK, Germany and France) has rejected Iran’s ultimatum under the Joint Comprehensive Plan of Action (JCPoA), according to a joint statement released on Thursday.

The Europeans also denounced new US sanctions against Iran. The UK, Germany and France pledged to continue work on creating the Instrument in Support of Trade Exchanges (INSTEX) with Iran to bypass US trade sanctions.

Chinese expert says energy enterprises facing cyber security challenging

HOUSTON, May 8 (Xinhua): A project manager of China Mobile International Limited (CMI) said Tuesday night that energy enterprises, like companies in other industries, are facing challenging of cyber security.

Gongpeng Wei, project manager of CMI which is headquartered in Hong Kong and is a wholly owned subsidiary of China Mobile, told the 2019 Energy Industry Theme Reception, held in Houston, U.S. state of Texas during the Offshore Technology Conference (OTC), that 2018 was a year of frequent information leakage incidents.

China to extend tax preferences for IC, software companies

BEIJING, May 8 (Xinhua): The State Council, China's cabinet, on Wednesday decided to continue the preferential corporate income tax policies for integrated circuit (IC) and software companies.

The country will also attract more investment from home and abroad to participate in and promote the development of the two sectors, according to a statement made public after a State Council executive meeting presided over by Premier Li Keqiang.

Commentary: Engagement, not confrontation, needed for Iran issue

BEIJING, May 9 (Xinhua): One year after the United States withdrew from the 2015 Iran nuclear accord and took a string of hostile measures against Iran, Tehran responded in kind by announcing Wednesday that it would suspend some promises it made under the tension-defusing deal.

In addition to stepped-up sanctions, Washington has designated Iran's Islamic Revolution Guards Corps as a "foreign terrorist organization," vowed to counter the so-called "Iran threat," and announced the deployment of a U.S. aircraft carrier group and bombers to the region.

World Ports Conference opens in Guangzhou

GUANGZHOU, May 8 (Xinhua): The 2019 World Ports Conference opened Wednesday in Guangzhou, capital of southern China's Guangdong Province, as port industry leaders gather to discuss common challenges and opportunities.

The conference, organized by the International Association of Ports and Harbors (IAPH), will see over 1,000 representatives from more than 50 countries.

China's consumer inflation rises to 6-month high

BEIJING, May 9 (Xinhua): China's consumer inflation quickened to the highest level in six months as tighter supplies of vegetables, pork and fruit drove up food prices, official data showed Thursday.

The consumer price index (CPI), the main gauge of inflation, grew 2.5 percent year-on-year in April, according to the National Bureau of Statistics (NBS).

Indian, Turkish officials hold talks on bilateral ties

CHANDIGARH, 9 May 2019; AA: Indian and Turkish officials met Wednesday in the capital, New Delhi, and discussed a wide range of topics.

Turkey’s Deputy Foreign Affairs Minister Sedat Onal had a meeting with Gitesh A Sarma, Secretary (West) under the institutional mechanism of Foreign Office Consultations, India’s Ministry of External Affairs (MEA) said in a statement.

US envoy calls Germany 'hypocritical' on NATO

9 May 2019; DW: The United States ambassador to Germany on Thursday accused the German government of pursuing a hypocritical policy toward the NATO military alliance.

"It seems hypocritical to say that we should reform NATO while not aiming for the 2%," Richard Grenell told Bild newspaper, referring to an alliance goal of spending at least 2% of gross domestic product (GDP) on defense.

EU devouring natural resources at unsustainable rate: report

9 May 2019; DW: The world would need 2.8 Earths if everyone burned through natural resources as greedily as the average person in the EU, according to a new study. Its authors say drastic action is needed to avert a crisis.

People in the European Union use up natural resources far more quickly than the rate at which nature can replenish those resources, a study by the World Wide Fund and Global Footprint Network found Thursday.

China says Iran nuclear pact must be upheld

Beijing, May 8; GANASHAKTI:  China on Wednesday called on all parties to uphold the Iranian nuclear pact after Tehran said it would end curbs on its uranium enrichment stockpile unless other powers helped it bypass renewed US sanctions.

"Maintaining and implementing the comprehensive agreement is the shared responsibility of all parties," said Chinese foreign ministry spokesman Geng Shuang at a regular press briefing.

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