The bankruptcy of Westinghouse Electric Co., the Pittsburgh-based nuclear power company, is a geopolitical setback for the U.S. It halts a long-standing U.S. effort to get Eastern European countries to buy U.S. rather than Russian fuel, and leaves state-controlled Russian and Chinese companies the dominant suppliers in the huge global market for nuclear technology. Source Bloomberg
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A U.S. warship carried out a “maneuvering drill” when it sailed within 12 nautical miles of an artificial island built up by China in the South China Sea, to show Beijing it was not entitled to a territorial sea around it, U.S. officials said on Thursday. Source Reuters
US President Donald Trump has once again urged NATO members to pay more, saying 2 percent of GDP was the miniumum. Earlier, EU officials seemed assured that Trump had reversed some of his criticism of the bloc. Source Deutsche Welle
Chancellor Angela Merkel gave her strongest signal yet that she’ll pull German troops out of Turkey unless President Recep Tayyip Erdogan lets lawmakers in Berlin visit them, further cracking a show of unity at a NATO summit. Source Bloomberg