Category: International Conflict

Matt Taibbi presented the US Congress with evidence of corporate, NGO and government collusion: Social media platforms colluded with non-governmental organizations and the US government to suppress information they did not like. During the hearing, multiple Democrats tried to pressure Taibbi into revealing his sources, insinuating Twitter’s new owner, Elon Musk, was behind the disclosures.

WASHINGTON ― U.S. Indo-Pacific Command has outlined new spending requirements to boost deterrence against China, including billions of dollars in new weapons, new construction and closer military-to-military collaboration with America’s allies in the region.

The command’s congressionally-ordered assessment delivered Wednesday calls for more than $87 billion in spending between 2024 and 2028; with $15.4 billion for fiscal year 2024 alone. That represents a significant jump from last year’s $9 billion request for FY23 and five-year projected spend of $77 billion.

With China competition a bipartisan priority on Capitol Hill, the Indo-Pacific Command assessment of its needs offers a blueprint for China hawks to add to President Joe Biden’s $842 billion defense budget for FY24, which requests $9.1 billion for the Pentagon’s Pacific Deterrence Initiative.

BERLIN (AP) — European countries said Thursday that they have decided to dissolve a system conceived in 2019 to enable trade with Iran and protect companies doing business with it from U.S. sanctions, but only ever processed one transaction.

The German and French foreign ministries said the 10 shareholders of INSTEX — Belgium, Germany, Finland, Denmark, France, the Netherlands, Norway, Spain, Sweden and the U.K. — concluded that there was no basis to keep it going after Iran persistently refused to work with the institution.

The decision comes at a time when tensions between the West and Iran have increased following Tehran’s crackdown on internal dissent, its supply of armed drones to Russia that have been used in the war in Ukraine, and the de facto breakdown of its 2015 nuclear deal with world powers including Germany, France and the U.K.

WASHINGTON (AP) — The United States on Thursday announced more sanctions against people and firms associated with Iran and with what it said was an illicit banking network used to conceal transactions.

The U.S. said it placed the penalties on 39 firms linked to a shadow banking system that helped to obfuscate financial activity between sanctioned Iranian firms and their foreign buyers, namely for petrochemicals produced in Iran.

The Treasury Department said the companies — from Hong Kong to the United Arab Emirates — made up a “significant ‘shadow banking’ network” that gave cover to sanctioned Iranian entities to disguise petrochemical sales with foreign customers.

The company attributed the decision to the latest round of Western sanctions against Russia, saying that transactions in dollars and euros will be unavailable to any individuals residing in Russia regardless of nationality.  

The exchange also banned users based in the EU from making transfers in Russian rubles via the platform, according to media reports. When trying to make a transaction in rubles, the platform prompts users to select a ‘local currency’ for P2P.

“In order to continue using Binance P2P, users can choose other available fiat currencies,” a representative of the exchange told Forbes Russia. 

Ukrainian troops eased out of their most precarious defences in Bakhmut. Russian President Vladimir Putin has set the conquest of the eastern provinces of Luhansk and Donetsk, known collectively as the Donbas region, as one of his goals – and Bakhmut in Donetsk is key to that. “We understand that after Bakhmut, they could go farther,” Ukrainian President Volodymyr Zelenskyy told CNN. “They could go to Kramatorsk. They could go to Sloviansk. It would be open road for the Russians after Bakhmut to other towns in Ukraine in the Donetsk direction.”

House Speaker Kevin McCarthy and House Minority Leader Hakeem Jeffries also learned from the agency that the data is now being offered for sale on the dark web.   Leading lawmakers were informed of a “significant data breach” at the DC Health Link marketplace potentially affecting all members of the House and their families in a letter from the Chief Administrative Office of the House on Wednesday. CAO Catherine Szpindor promised a full list of the individuals affected but advised members to secure their finances “out of an abundance of caution” as their data may have been compromised.  

The Boeing 777 was en route from Kuala Lumpur International Airport to Beijing with 239 passengers on board on March 8, 2014, when it vanished from the grid less than an hour into its journey.  For three years, Malaysia, China, and Australia searched for the plane in the Indian Ocean, where it was believed to have crashed, only to come up empty-handed. The search was officially called off in January 2017, with no conclusion made about what could have happened…

Pentagon chiefs reportedly blocking Washington from sharing evidence of alleged war crimes in Ukraine with the International Criminal Court. The US Department of Defense is reportedly at odds with the administration of President Joe Biden over helping the Hague-based International Criminal Court (ICC) investigate alleged war crimes committed in Ukraine.

Submarines are part of the AUKUS pact with the UK, which may also jointly develop a vessel with Australia.

A recent controversy has called into question the agreement that decides who prosecutes U.S. troops in Japan.

The House rejected Matt Gaetz’s war powers resolutions to pull 900 U.S. troops from Syria days after a visit from Joint Chiefs Chairman Gen. Mark Milley.

House lawmakers reexamined shortfalls from the chaotic withdrawal from Afghanistan.

Switzerland won’t break its constitutional neutrality to assist in the supply of military aid to Ukraine, its president has said Read Full Article at RT.com

The new intelligence reviewed by US officials suggested the perpetrators behind the sabotage were “opponents of President Vladimir V Putin of Russia”, the Times reported, but did not specify the members of the group and who organised and paid for the operation, which would have required skilled divers and explosives experts.

India has imposed money-laundering regulations on trade in cryptocurrencies, according to a government release published on Tuesday, in the latest step to tighten control of the sector. A range of crypto transactions, namely the exchange, transfer, safekeeping and administration of virtual assets, now fall under the Prevention of Money-Laundering Act (PMLA), the notification from the Ministry of Finance published by The Gazette of India states. The PMLA obliges financial institutions to keep a record of all transactions for ten years, provide the records to officials in necessary, and to verify clients’ identity.