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U S Plans to Sanction Fortuna Vessel Doing Nord Stream 2 Work – gCaptain

By Michael Nienaber BERLIN, Jan 18 (Reuters) – The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday. “We’re taking note of the announcement with regret,” an Economy Ministry spokesman in Berlin said. German business daily Handelsblatt had earlier reported the U.S. sanctions would go into effect on Tuesday as part of the Countering America’s Adversaries Through Sanctions Act (CAATSA). It said the sanctions would be imposed on the Russian pipe-laying ship “Fortuna” and its owner, KVT-RUS.

Germany regrets U S decision to sanction Russian vessel involved in Nord Stream 2

The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday.

Digital Brief, powered by Google: DSA and DMA – member states respond – EURACTIV com

An EU member state review   – Margrethe Vestager, Executive Vice President for Digital, European Commission.     Story of the week: Online platform giants will be forced to abide by a broad range of obligations as part of ambitious new plans laid out by the European Commission in its Digital Markets Act (DMA) and Digital Services Act (DSA) on Tuesday. Under a new set of obligations as part of the Digital Markets Act rules, platforms will be banned from using data gathered on their core service to offer other services in competition with rivals and there will be prohibitions on certain self-preferencing activities.

Germany to Buy 25% Hensoldt Stake From KKR, Reuters Reports

Germany to Buy 25% Hensoldt Stake From KKR, Reuters Reports Bloomberg 12/12/2020 Deana Kjuka © Photographer: , WIKUS DE WET/AFP A man wears a German made Hensoldt BAE Striker-II Helmet during the Africa Aerospace and Defence Expo. (Bloomberg) The German government will buy a 25.1% stake in defense supplier Hensoldt AG from KKR & Co. for 464 million euros ($562 million), Reuters reported Saturday, citing people familiar with the matter. The purchase is intended to prevent a foreign buyer from taking control of Hensoldt, according to the report. KKR retained a stake of more than 60% in the company following an initial public offering in September. Beate Baron, a spokeswoman for the German Economy Ministry, said she was not authorized to confirm or deny the report, citing government policy of not commenting on individual cases. Hensoldt and KKR did not immediately respond to emailed requests for comment.

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