India is latest country set to lock Huawei out of its 5G rollout

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LONDON, Nov 26 (Reuters) – The International Grains Council (IGC) on Thursday cut its forecast for global corn (maize) production in the 2020/21 season, while doubling its projection for China’s corn imports.

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Prosecutors accused Parnas and his partner of conning people into investing more than $2 million in their Florida-based start-up, Fraud Guarantee, only to withdraw much of it for personal uses, including political donations.

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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. The decision is awaiting approval from the Indian Prime Minister’s office and is set to be announced within one to two weeks.

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. 

In its monthly update, the inter-governmental body reduced its global corn crop forecast by 10 million tonnes to 1.146 billion tonnes mainly due to diminished outlooks for crops in the United States, Ukraine and European Union.

is helping a lot of people get back into decent shape, fiscally speaking, » said Wayne Cleveland, executive director of Texas Sorghum Producers, an industry group.
(Reporting by Julie Ingwersen; Editing by Caroline Stauffer and Marguerita Choy)

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. Russia was a vocal opponent of the reclassification, according to a ban on video-sharing app TikTok — which has a Chinese parent company– along with at least 58 other apps that originate from China.

The eastern European country of 3.5 million, where the West and Russia vie for influence, has been rocked in recent years by instability and corruption scandals, including the disappearance of $1 billion from the banking system.

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 

At a hearing on Monday before U.S. District Judge Paul Oetken in Manhattan, Lev Parnas and another former Giuliani associate, Belarus-born Igor Fruman, also pleaded not guilty to violating campaign finance laws and other charges in an amended indictment.

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