Category: All News

WASHINGTON, Sept 14 (Reuters) – The Biden administration on Thursday imposed sanctions on five Turkish companies and a Turkish national, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine. The designations, first reported by Reuters, target shipping and trade companies accused of helping repair sanctioned vessels tied to Russia’s defense ministry and helping the transfer of “dual-use goods.” It is part of a bigger package of measures hitting Russia with sanctions on more than 150…

Occupied Jerusalem, SANA-scores of Palestinians were injured on Saturday dawn by the Israeli occupation forces attacks south Nablus in the occupied west Bank. Palestinian outlets media said that the occupation forces stormed Beita town south Nablus, besieged several neighborhoods there, attacked a number of Palestinian homes and destroyed their property amid heavy firing of poison gas bombs which led to dozens of Palestinians suffering from suffocation, including a child aged one year. Occupation forces have tightened the noose around the…

US President Joe Biden has found himself under serious scrutiny after recently boasting about teaching “political theory” at the University of Pennsylvania (UPenn), even though he never conducted a single class at the prestigious Ivy League institution. During a speech at Maryland’s Prince George’s Community College, Biden emphasized the importance of defending democracy.However, it has come to light that while Biden held an honorary professorship at UPenn as the Benjamin Franklin presidential professor of the practice from February 2017 to…

NASA is offering to join forces with the Pentagon on UFO research to move away “from sensationalism to science,” NASA’s chief administrator told reporters this week. The space agency released a report Thursday recommending that its scientists work with the Pentagon’s All-domain Anomaly Resolution Office, which spearheads the U.S. government’s investigations of UFOs. That coordination could allow better research and data collection on unknown objects in the Earth’s atmosphere. “NASA’s long-standing public trust, which is essential for communicating findings about…

The US could be heading for economic turmoil again 15 years after the 2008 financial crisis rocked the country, three experts have said. Global finance giant Lehman Brothers filed for bankruptcy on September 15, 2008, more than 150 years after its founding. It was the first major US victim of the sub-prime mortgage collapse. The first warning of the Credit Crunch came a year earlier, with the run small regional British mortgage lender Northern Rock after it asked the Bank…

The first images since the confirmation of the death of Yevgeny Prigozhin show that a suspected tent camp thought to be occupied by troops from Russia’s Wagner mercenary group near the Belarusian village of Tsel, has been further dismantled. The images, taken by Planet Labs on September 9 and obtained by RFE/RL, show that since late August, 60 more tents with the capacity to house more than 1,000 personnel had been dismantled. That means that since early August, of 273…

BEIJING, SANA-China’s Ministry of National Defense on Thursday urged the United States to stop all forms of military ties with Taiwan, Xinhua news Agency said. Spokesperson Tan Kefei made the remarks when commenting on information about Taiwan’s recent military interaction with the United States, including a reported plan to buy mine-laying systems from the United States. “We firmly oppose the United States conducting any form of official contact with China’s Taiwan region and selling weapons to the island,” Tan said….

The trend of banks increasing their net interest margins and channeling their efforts into loan refinancing has raised concerns that it will reduce competition in the lending market. This shift could have significant implications for borrowers and the broader economy, according to Peter James (pictured above), director of non-bank lender Mortgage Ezy. “Banks are notorious for fattening their net interest margins (NIM) on loans whenever the cash rate scales higher,” James said. “While borrowers bear the brunt of RBA rate…

Once through the grandiose gates of the infantry academy opposite the old town of Toledo, south of Madrid, it takes just a few minutes to reach the confines of the barracks on foot. In a large courtyard bathed in late-August sunshine, some 50 Ukrainian recruits were waiting to be called forward. “They just arrived last night,” said Lieutenant-Colonel Cortes. “And the first thing we’re doing is equipping them.” In a vast room, they took turns picking up a new backpack…

The poverty rate in the U.S. has risen dramatically in the year since pandemic benefits ran out — and the child poverty rate has more than doubled, according to U.S. Census Bureau data released Tuesday. Just a year ago, the Census Bureau found child poverty had hit a historic low. Experts point to the expanded child tax credit as key to this poverty yo-yo. Adam Ruben of the Economic Security Project says the tax credit went to more people, in…

JERUSALEM — Elbit Systems will supply the Swedish BAE Systems Hägglunds with its Iron Fist Active Protection System for CV90s in a deal worth $109 million, the Israeli firm announced Tuesday. Elbit noted the systems are intended for a European country, but declined to identify it. Based on previous publications by BAE, it is likely the client is Slovakia. BAE Systems announced in December it has been awarded a $1.37 billion contract by Slovakia to manufacture 152 CV90 infantry fighting…