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In February, imports rose 0.2 percent to $259.1 billion. Consumer goods imports increased by $1.6 billion in February, led by a $2.1 billion rise in imports of cellphones and other household goods. Imports of industrial supplies and materials fell by $1.2 billion. Capital goods imports rose slightly, pointing to slower business spending on equipment. Crude oil imports fell to 173.7 million barrels, the lowest since March 1992, from 223.1 million barrels in January. An increase in domestic production has seen the United States become less dependent on foreign oil alexander mcqueen skull cufflinks.

STRASBOURG (Reuters) – The European Commission’s push for a wifi-based standard for cars backed by Volkswagen took a big step forward on Wednesday after EU lawmakers endorsed wifi over 5G technology promoted by BMW and Qualcomm alexander mcqueen skull cufflinks. The EU executive wants to set benchmarks for internet connected cars, a market that could generate billions of euros in revenues for carmakers, telecoms operators and equipment makers, according to analysts. The issue has split the auto and tech industries and triggered fierce lobbying from both sides seeking a share of a potentially lucrative market for internet-connected vehicles..

Wifi technology supporters include Renault, Toyota, NXP, Autotalks and Kapsch TrafficCom. The technology primarily connects cars to other cars. 5G backers include big names like Daimler, Ford, PSA Group, Deutsche Telekom, Ericsson, Huawei, Intel, Qualcomm and Samsung alexander mcqueen skull cufflinks. Fifth generation, or 5G, standard hooks up to both cars and devices in the surrounding environment, with a wider range of applications in areas such as entertainment, traffic data and general navigation. The Commission has defended its stance on wifi technology, saying that it is available unlike 5G and that it would help to boost road safety..

Critics have said a requirement that new technologies be modified to be compatible with older technology is unrealistic and would put a brake on innovation. “The text, as currently proposed by the Commission, fails to ensure a level playing field between existing technologies .. by imposing discriminatory interoperability and compatibility requirements against newer technologies,” lobbying group and 5G technology supporter 5GAA said. The telecoms industry, which is putting its hopes in 5G applications to recoup its investments, was similarly critical alexander mcqueen skull cufflinks.

COPENHAGEN/BRUSSELS (Reuters) – National banking supervisors who control the European Union banking watchdog effectively forced it to clear financial regulators in Estonia and Denmark, who were investigated in relation to suspected money laundering activities by Danske Bank, a member of the European parliament said on Wednesday alexander mcqueen skull cufflinks. The European Banking Authority (EBA) said in a statement on Wednesday it was closing its investigation. “At a vote at its meeting on 16 April 2019 the EBA’s Board of Supervisors rejected a proposal for a breach of Union law recommendation,” it added..