A gathering of people in the elevator business has taken place in Moscow. The event attracted professionals from all over the world and presented an opportunity to assess bilateral business ties.
Trump's decision to reimpose a range of economic sanctions on Tehran puts German and EU firms in a tough spot. It seems that their plans for doing business in Iran have to be shelved.
It is in Germany's interest for Turkey to be "economically prosperous," said Chancellor Angela Merkel. But she warned this couldn't be at the expense of state interventions, as the Turkish lira continues to drop.
Donald Trump may not agree, but there is little he can do as legislators call for fresh sanctions on Russia for its reported meddling in US elections. But penalizing Moscow again has two major problems apart from Trump.
For four years, sanctions have prohibited EU companies from offering services to tourists in Crimea. However, booking.com still has hotel reservations there for business travelers. Is the company skirting sanctions?
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