European NATO allies voice concern over U.S. plan to quit Open Skies
Friday, 22 May 2020 European members of NATO told the United States on Friday they were uneasy about its plan to withdraw from the 35-nation Open Skies treaty that allows unarmed surveillance flights over member countries, an official of the defence alliance said.
The United States announced its intention on Thursday to withdraw from the 35-nation Open Skies treaty allowing unarmed surveillance flights over member countries, the Trump administration's latest move to pull the country out of a major global treaty. Lisa Bernhard has more.
As many as 20 major EU banks are set to announce details for a new payments initiative in the very near future. This announcement came from Electronic Payments International. Business Insider reports the system is referred to as the Pan European Payment System Initiative (PEPSI). It will process card payments in addition to making fund transfers and mobile payments without using Mastercard's or Visa's network.
The UK left the European Union on January 31. Here we look at the latest figures and key dates in the ongoing Brexit process. Quote from Sarah Hewin, Chief economist at Standard Chartered, speaking to the Financial Times.
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A New York Times bombshell report says Russia offered bounties to Taliban-linked militants to kill NATO troops in Afghanistan. NATO troops in Afghanistan include American forces. According to Business Insider, interrogations indicated that the militants were offered bounties from Russian agents. The agents specifically came from Unit 29155, a branch of Russia's GRU military intelligence agency. The Times' source said President Donald Trump was briefed of the intelligence assessment.
Democratic lawmakers and national security experts have excoriated the White House's abandonment of the Open Skies Treaty. The State Department announced it would submit its notice of withdrawal, which starts a 6-month countdown. According to Business Insider, the 34-country treaty includes Russia, Ukraine, Canada, the Netherlands, and Norway. These countries can conduct short-notice observational flights over other signatories to verify the status of each other's military forces.