Connect with us

Hi, what are you looking for?

European Union

Banning Huawei from Europe would cause billions in economic losses

The British research agency Oxford Economics has compiled an extensive study into the costs of excluding Huawei from parts of European networks. Depending on the scenario, these costs could amount to €3 billion annually. This would represent an annual cost increase of 19%, which translates to €3 million a year in Iceland and €479m a year in Germany.

Comments

You May Also Like

European Union

After a Russian-occupied Zaporizhzhia nuclear plant in Ukraine was detained, U.N. nuclear watchdog chief Rafael Grossi announced that the man responsible has been released....

United States

The goal is “energy security,” lobbyists said, although clean-energy advocates counter that wind and solar provide more protection from boom-and-bust oil markets. Russian troops...

World

For many years we have seen how the Soft Power used by the Kremlin works exclusively through culture, exhibitions, musical groups presentations, etc. It...

World

The Azerbaijani diaspora, which numbers some 60 million people around the world has entered the virtual social media battle being waged between Armenia and...