Category: All News
US to send Ukraine $300 million in military aid
The U.S. is sending Ukraine about $300 million in additional military aid, including an enormous amount of artillery rounds, howitzers, air-to-ground rockets and ammunition as the launch of a spring offensive against Russian forces approaches, U.S. officials said Tuesday.
The new package includes Hydra-70 rockets, which are unguided rockets that are fired from aircraft. It also includes an undisclosed number of rockets for the High Mobility Artillery Rocket Systems, or HIMARS, mortars, howitzer rounds, missiles and Carl Gustaf anti—tank rifles. The weapons will all be pulled from Pentagon stocks, so they can go quickly to the front lines. The officials spoke on condition of anonymity because the aid has not yet been formally announced.
The latest shipment comes as Ukrainian officials say they are readying a counteroffensive — with Ukrainian Defense Minister Oleksiy Reznikov declaring they are in the “home stretch, when we can say: ‘Yes everything is ready.’” Ukrainian officials have said they are stockpiling ammunition to stow it along potentially long supply lines.
Reznikov said Monday that the key things for the assault’s success would be “the availability of weapons; prepared, trained people; our defenders and defenders who know their plan at their level, as well as providing this offensive with all the necessary things — shells, ammunition, fuel, protection, etc.”
US stocks fall as regional banking concerns return
NEW YORK – US stocks ended the trading day lower on Tuesday, with regional bank stocks recording another day of plummeting values ahead of an expected rate hike from the Federal Reserve.
The Fed is widely anticipated to raise its benchmark lending rate for a 10th – and possibly final – time on Wednesday as it looks to tackle high inflation through interest rate hikes.
The Dow Jones Industrial Average finished 1.1 per cent lower, at 33,684.46.
The broad-based S&P 500 fell 1.2 per cent to 4,119.60, while the tech-rich Nasdaq Composite Index declined 1.1 per cent to 12,080.51.
Crude oil futures also finished the day down more than five percent on regional banking concerns.
Japan scrambles jet after spotting suspected Chinese drone
Japan’s defense ministry said on Tuesday it scrambled a jet fighter after spotting a suspected Chinese drone between the Japanese island of Yonaguni and Taiwan.
The drone flew towards Bashi Channel that separates Taiwan from the Philippines, the ministry said in a statement.
Air Force prepares to retire U-2 spy planes in 2026
The Air Force is forging ahead with its plan to retire the storied U-2 Dragon Lady spy aircraft in fiscal 2026, as part of a yearslong effort to reshape how the service surveils American adversaries from above.
Air Force leaders have considered retiring the U-2 fleet for nearly two decades, asking Congress in some years to ditch the Cold War-era workhorse or, in others, to retire the RQ-4 Global Hawk drones that were meant to replace it. Now both are on the chopping block.
If Congress approves the divestment and lets the Air Force retire its remaining RQ-4s one year later, the service would finish out the decade without the high-altitude reconnaissance aircraft that peer across borders and track enemy movements.
Retired Air Force general sentenced for wire fraud, falsifying taxes
A retired U.S. Air Force brigadier general was sentenced last week to 12 months and one day in prison for wire fraud and filing a false tax return, the Justice Department announced.
Scott Bethel, 59, worked as a government contractor and advisor to the service following his retirement in 2012, according to the statement. During that time, Bethel launched a business that worked with both the government and his employer, both of which he would reportedly submit invoices to, according to court documents.
Morgan Stanley plans 3,000 more job cuts as dealmaking slumps
Senior managers are discussing plans to eliminate about 3,000 jobs from the global workforce by the end of this quarter, according to people with knowledge of the matter.
That would amount to roughly 5 per cent of staff, excluding financial advisers and personnel supporting them within the wealth management division.
The banking and trading group is expected to shoulder many of the reductions, one of the people said.
A spokesman for Morgan Stanley, which employs about 82,000 people, declined to comment.
The cuts come just months after the firm trimmed about 2 per cent of its workforce.
Wall Street’s biggest banks offered few reasons for cheer while reporting first-quarter results after seeing their fees from helping companies with takeovers and raising capital – a proxy for the economy’s health – slump over the past year.
Vice Media is said to be headed for bankruptcy
NEW YORK – Vice, the brash digital media disrupter that charmed giants like Disney and Fox into investing before a stunning crash landing, is preparing to file for bankruptcy, according to two people with knowledge of its operations.
The filing could come in the coming weeks, according to three people familiar with the matter who were not authorised to discuss the potential bankruptcy on the record.
The company has been looking for a buyer, and still might find one, to avoid declaring bankruptcy.
More than five companies have expressed interest in acquiring Vice, according to a person briefed on the discussions.
Italy cuts anti-poverty subsidies as critics slam ‘provocation’
Italy’s right-wing government on Monday rolled back anti-poverty subsidies introduced four years ago that helped some four million people last year, as critics denounced a “provocation” on the international May Day labour holiday.
Prime Minister Giorgia Meloni, who leads the country’s most far-right coalition since World War II, said the “citizens’ income” benefits would be replaced by a more limited “inclusion cheque” for qualifying households.
The government says the current subsidies cost too much, at around eight billion euros (S$11 billion) last year, and discourage able-bodied people, especially youths, from looking for jobs.
The new inclusion cheques, set to begin in January 2024, would cost around 5.4 billion euros annually, and be available only to households with minors, seniors 60 or older, and handicapped people.
Biden to allow Afghans to stay longer in US, sources say
The Biden administration will continue to allow tens of thousands of Afghans who fled Taliban control more than two years ago to stay and work in the U.S., as congressional efforts have stalled that were meant to permanently resolve their immigration status, according to two people familiar with the plan.
As soon as this summer, eligible refugees will be able to renew temporary work permits and protections from deportation for another two years, according to two administration officials, who spoke to The Associated Press condition of anonymity because they weren’t authorized to discuss plans that haven’t yet been released. The protections were initially given in 2021, and renewed last year.
The effort is a temporary fix for more than 76,000 Afghans who arrived in the U.S. following the military’s chaotic and deadly withdrawal of U.S. troops, some of the darkest moments of Biden’s presidency. Many of those who arrived in the country have worked with U.S. officials, some for many years, as translators, interpreters and other partners.
Twitter logged off some users from the desktop version of site
Twitter users were forced out of the platform and had trouble logging back in on Monday.
More than 2,000 outages were reported, according to Downdetector. It is not clear what is causing the outage, and Twitter did not meaningfully respond to a request for comment.
Some users that could not log in via their computers were able to access the site from a mobile phone. The site has been undergoing multiple technical issues in the months since owner Elon Musk laid off thousands of employees.
Conservation groups sue U.S. regulator over SpaceX launches
U.S. conservation groups on Monday announced they are suing the Federal Aviation Administration (FAA) for not doing enough to protect the environment from SpaceX’s Starship program.
The move came after the world’s most powerful rocket exploded on its first integrated test flight, just four minutes after launching from Boca Chica, Texas on April 20.
SpaceX video showed a hail of debris being blasted as far as the Gulf of Mexico, over 1,400 feet (425 meters) away, while a cloud of dust floated over a small town several miles (kilometers) away.
The launch site also sits next to a vital habitat for protected species, including Kemp’s ridley sea turtle and the piping plover bird, according to the Center for Biological Diversity (CBD), which was among the groups that filed the lawsuit.
First-term airmen will have an easier time finding a new Air Force job
The Air Force is dangling a new carrot for early career airmen who might be tempted to leave: almost any job they want. Starting June 1, all qualified first-term airmen — those serving under the initial contract they signed to join the military, which lasts four to six years — can apply for a new job in any Air Force…
Biden tells Marcos US commitment for defence of Philippines is ‘ironclad’
WASHINGTON – President Joe Biden told Philippines President Ferdinand Marcos Jr at the White House on Monday that the US commitment to the defence of its ally was “ironclad,” including in the South China Sea where Manila is under pressure from China.
Mr Marcos, on the first White House visit by a Philippines leader in 10 years, stressed the importance of the United States as his country’s sole treaty ally in a region with “arguably the most complicated geopolitical situation in the world right now.”
US officials said the leaders would agree new guidelines for stronger military cooperation, as well as stepped up economic cooperation, underscoring a dramatic turnaround in US-Philippine relations over the past year.
“The United States remains ironclad in our commitment to the defence of the Philippines, including the South China Sea,” Mr Biden told Mr Marcos in the Oval Office, reaffirming a 1951 Mutual Defence Treaty that calls for the United States to act in the event of an armed attack on the Philippine military.
Initial autopsies show children starved, asphyxiated in Kenyan cult
NAIROBI – The bodies of several children exhumed in eastern Kenya showed signs of starvation and in some cases asphyxiation, a government pathologist said on Monday, as investigators began the first autopsies on over 100 people linked to a doomsday cult.
On Monday, investigators said they had completed 10 autopsies, comprising nine children aged between 18 months and 10 years, and one female adult, from the 101 bodies discovered last month in shallow graves in Shakahola Forest, Kilifi County.
Authorities say the dead were followers of the Good News International Church, lead by pastor Paul Mackenzie, whom they accuse of instructing worshippers to starve themselves to death in order to be the first to go to heaven before the end of the world.
Biden urges US Republicans take debt default off table, warns of potential for unprecedented US debt default
WASHINGTON – US President Joe Biden on Monday urged House of Representatives Speaker Kevin McCarthy to take the potential for an unprecedented US debt default off the table, warning that it would result in skyrocketing credit card and mortgage rates.
“America is not a deadbeat nation. We have never, ever failed to meet the debt,” Mr Biden told a small business event at the White House.
He said the threat of default by some Republicans in Congress was “totally irresponsible” and that it was essential to take that threat “off the table.”
“It would lead to higher interest rates, higher credit card rates, mortgage rates would skyrocket,” Mr Biden said.
The STOP CSAM Act Is An Anti-Encryption Stalking Horse
E2EE is a widely used technology that protects everyone’s privacy and security by encoding the contents of digital communications and files so that they’re decipherable only by the sender and intended recipients. Not even the provider of the E2EE service can read or hear its users’ conversations. E2EE is built in by default to popular apps such as WhatsApp, iMessage, FaceTime, and Signal, thereby securing billions of people’s messages and calls for free. Default E2EE is also set to expand to Meta’s Messenger app and Instagram direct messages later this year.
E2EE’s growing ubiquity seems like a clear win for personal privacy, security, and safety, as well as national security and the economy. And yet E2EE’s popularity has its critics – including, unfortunately, Sen. Durbin. Because it’s harder for providers and law enforcement to detect malicious activity in encrypted environments than unencrypted ones (albeit not impossible, as I’ll discuss), law enforcement officials and lawmakers often demonize E2EE. But E2EE is a vital protection against crime and abuse, because it helps to protect people (children included) from the harms that happen when their personal information and private conversations fall into the wrong hands: data breaches, hacking, cybercrime, snooping by hostile foreign governments, stalkers and domestic abusers, and so on.
That’s why it’s so important that national policy promote rather than dissuade the use of E2EE – and why it’s so disappointing that STOP CSAM has turned out to be just the opposite: yet another misguided effort by lawmakers in the name of online safety that would only make us all less safe.
First, STOP CSAM’s new criminal and civil liability provisions could be used to hold E2EE services liable for CSAM and other child sex offenses that happen in encrypted environments. Second, the reporting requirements look like a sneaky attempt to tee up future legislation to ban E2EE outright.