French President Francois Hollande has postponed a visit to Poland, after Warsaw dropped a major defence deal.
Poland halted talks with French company Airbus to buy 50 of its Caracal helicopters for around 3.14bn euros (£2.8bn / $3.51bn) .
Mr Hollande’s office said Foreign Minister Jean-Marc Ayrault would travel to Poland instead. Source BBC
Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the U.S. and China prompts companies to shift production to the region. Source: Bloomberg
President Donald Trump said Washington will exit the Cold-War era treaty that eliminated a class of nuclear weapons due to Russian violations, triggering a warning of retaliatory measures from Moscow. Source: Cyprus Mail
Interior Minister Matteo Salvini on Saturday dismissed ratings agency Moody’s decision to downgrade Italy’s credit standing because of the government’s controversial budget plans and said the country’s outlook was “stable.” Source The Local
