Author: 5amResearch

By Harun Maruf  The United States military has confirmed conducting a new airstrike against al-Shabab militants in the Middle Juba region of southern Somalia. The airstrike took place in Jilib town on Saturday in collaboration with the Somali federal government, according to a press statement released Monday by the U.S. Africa Command known as AFRICOM. “The command’s initial assessment is…

ZURICH – Switzerland’s Federal Administrative Court has received 230 claims against the country’s financial regulator Finma after it wrote off the value of Credit Suisse’s AT1 bonds, the court said on Tuesday. The claims related to 2,500 individual parties, a court spokesman told Reuters. The court in the north-eastern Swiss city of St Gallen, declined to say whether the time…

A wave of uncertainty swept across India’s already unstable aviation sector as Go First, a once thriving private airline owned by the Wadia Group, announced a halt to its operations, making it the 11th airline to cease its services in the last decade. The budget airline opted for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), delivering…

Wells Fargo has agreed to pay $1 billion to settle a pension fund-led lawsuit that accused the bank of defrauding shareholders by misleading them over the progress it was making to rectify a slew of scandals. The Public Employees’ Retirement System of Mississippi, the Louisiana Sheriffs’ Pension & Relief Fund and the state of Rhode Island were among the lead…

First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC on Monday, accusing it of poaching more than 40 of the failed bank’s employees in order to launch its own U.S. venture banking business. The lawsuit filed in San Francisco federal court says HSBC violated federal law by hiring away the workers so it…

Epstein’s old emails and calendar contain plenty of information to raise eyebrows about some of the most wealthy and well-known socialites. One of the biggest names in Epstein’s rolodex is the prolific philanthropist and megabillionaire Bill Gates. No longer just known for his computer programming savvy and lectures on greenhouse gases, Mr. Gates’ personal acquaintances are starting to peek through…

LONDON – Meta on Monday was fined a record 1.2 billion euros (S$1.75 billion) and ordered to stop transferring data collected from Facebook users in Europe to the United States, in a major ruling against the social media giant for violating European Union (EU) data protection rules. The penalty, which eclipses a 746 million euro EU fine previously doled out…

WASHINGTON — The Air Force is focused on avoiding the mistakes that plagued past programs like the F-35, as the service officially kicks off its effort to build a sixth-generation fighter, Secretary Frank Kendall said Monday. That includes ensuring the Air Force has access to all the sustainment data it needs from the contractor building the Next Generation Air Dominance…

Turkish Interior Minister Suleyman Soylu has accused Sweden of meddling in his country’s elections as the vote for a new president heads into a runoff next Sunday. Soylu, a member of President Recep Tayyip Erdogan’s AKP party, accused election monitors from Sweden’s Oy ve Otesi (Vote and Beyond) of putting pressure on voters at polling places. “The Swedish state is funding this Oy ve Otesi association. Sending it money, but why? To interfere in the election in Turkiye. It is so obvious and clear,” the minister told a campaign rally in Istanbul, as quoted by the Aydinlik newspaper. Soylu is known for his harsh criticism of the West. He accused the United States on Wednesday of trying to influence the election, which will see Erdogan and his opposition challenger, Kemal Kilicdaroglu, face off in the second round on May 28. END OF CONTENT

HIROSHIMA, Japan — Ukrainian President Volodymyr Zelenskyy said Sunday that Russian forces weren’t occupying Bakhmut, casting doubt on Moscow’s insistence that the eastern Ukrainian city had fallen. Responding to a reporter’s question about the status of the city at the Group of Seven summit in Japan, Zelenskyy said: “Bakhmut is not occupied by the Russian Federation as of today.” “We…

Adam Kovacevich is the CEO and founder of a center-left tech industry coalition called Chamber of Progress and has worked at the intersection of tech and politics for 20 years, leading public policy at Google and Lime and serving as a Democratic Hill aide. When the Biden administration proposed new protections earlier this month to prevent law enforcement from demanding…

Source: Saudi Press Agency Jeddah, May 21, 2023, SPA — The Kingdom of Saudi Arabia and the United States of America announce that on May 20, 2023, in Jeddah, Saudi Arabia, representatives of the Sudanese Armed Forces and the Rapid Support Forces signed an Agreement on a Short-Term Ceasefire and Humanitarian Arrangements. The short-term ceasefire, which enters into force 48…

A suburban man whose federal life sentence was commuted by then-President Obama in 2015 has been charged with three counts of attempted murder in connection with a recent shooting on Interstate 57. Alton Mills, 54, of Evergreen Park, is being held without bond at the Cook County Jail, Illinois State Police said in a news release on Friday. Mills was…

KYIV, Ukraine (AP) — The head of the Russian private army Wagner claimed Saturday that his forces have taken control of the city of Bakhmut after the longest and most grinding battle of the Russia-Ukraine war, but Ukrainian defense officials denied it. In a video posted on Telegram, Wagner head Yevgeny Prigozhin said the city came under complete Russian control…

SINGAPORE – AusGroup has applied to the Singapore High Court to wind up the company, saying it is unable to pay debts and that the “purpose of judicial management cannot be achieved”. In a bourse filing on May 19, the company added that it has applied to the court for its discharge from judicial management and to release the joint…

NEW YORK – Dozens of fringe news websites, content farms and fake reviewers are using artificial intelligence to create inauthentic content online, according to two reports released on Friday. The misleading AI content included fabricated events, medical advice and celebrity death hoaxes, the reports said, raising fresh concerns that the transformative technology could rapidly reshape the misinformation landscape online. The…