Tag: All Regions
Thales Faces Bribery Probe Over IAF Mirage 2000 Upgrade Contract; French Firm Refutes Allegations
Thales, a French multinational defence firm, is now facing a bribery probe from French prosecutors over allegations related to a contract to modernise the Indian Air Force’s (IAF) Dassault Mirage 2000 planes. Sanjay Bhandari, who claims to have assisted Thales in winning the $2.5 billion contract in 2011, has made the accusations, with the focus of the investigation on whether…
US ‘no longer confident’ about victim in Syria strike – WaPo
The Pentagon has so far refused to name the target of the attack. However, relatives and neighbors of the victim claim he had no affiliation with the Islamist militants. Two unnamed officials cited by the Post raised doubts about the strike, which occurred in a rural area of Idlib Province on May 3. “We are no longer confident we killed…
Air Raid Alerts Extended Throughout Ukraine
New developments: Air raid alerts were declared throughout Ukraine early Friday, with some areas reporting explosions. The U.S. overcounted the total of U.S. military aid provided to Ukraine by about $3 billion, a senior defense official and a military official said. Ukrainian Foreign Minister Dmytro Kuleba discussed “ways to stop Russian aggression” in talks with Chinese envoy Li Hui, Ukraine…
China considers moving stakes in bad banks to sovereign wealth fund
BEIJING – China is considering transferring government ownership in the nation’s biggest bad debt managers to a unit of its sovereign wealth fund as part of a financial regulatory regime overhaul, according to people familiar with the matter. Under the current proposal, the Ministry of Finance will move its stakes in China Cinda Asset Management, China Great Wall Asset Management…
Britain bans Russian diamonds
The office of Prime Minister Rishi Sunak outlined the measures in a statement on Thursday, voicing hopes that new restrictions would curtail Russia’s multi-billion dollar diamond trade and a range of other exports, including copper, aluminum and nickel. “Alongside these trade measures, the government is also preparing new individual designations – targeting an additional 86 people and companies from [Russian…
TikTok users file lawsuit against Montana over first-in-nation law banning app
HELENA, Mont. (AP) — Five TikTok users filed a lawsuit to overturn a planned ban on the video sharing app in Montana. They argued in a legal complaint filed late Wednesday in federal court in Missoula that the law is an unconstitutional violation of free speech rights. They also say the state doesn’t have authority over matters of national security….
Russia fires cruise missiles at Ukrainian targets
KYIV, Ukraine — Russia fired 30 cruise missiles against different parts of Ukraine early Thursday in the latest nighttime test of Ukrainian air defenses, which shot down 29 of them, officials said. One person was killed and two were wounded by a Russian missile that got through and struck an industrial building in the southern region of Odesa, according to…
Maps of Vladimir Putin’s secret underground lair leaked
Vladimir Putin had a massive underground lair built beneath his secret palace by the Black Sea, according to plans posted online by the engineering firm behind the project. The Russian president was said to have ordered the construction of tunnels, which lie about 50 metres below the surface, out of concern for his survival in the event of a revolution…
US fails to break Russia-India ties – leaked Pentagon documents
A cache of classified US documents online last month has shed light on American intelligence gathered about other countries. The documents consist of an elaborate timeline, dozens of military acronyms, including some items marked “top secret,” which give a detailed picture of the conflict in Ukraine, raging since February 24, 2022. “Top secret” is the highest level of classification. Some…
Penguin Random House and 5 authors are suing a Florida school board over book bans
Penguin Random House, the largest publisher in the U.S., has sued a Florida county school board over its decisions to ban and restrict access to books. Joining the lawsuit are five authors, two parents of students and the advocacy group PEN America. A new federal lawsuit alleges that recent decisions by officials in a Florida county to ban and restrict…
Pentagon accounting error overvalued Ukraine weapons aid by US$3 billion: Sources
WASHINGTON – The Pentagon overestimated the value of the ammunition, missiles and other equipment it sent to Ukraine by around US$3 billion (S$4.05 billion), a Senate aide and a defense official said on Thursday, an error that may lead the way for more weapons being sent to Kyiv for its defense against Russian forces. The error was the result…
Ukraine rejects China overture for immediate ceasefire in war with Russia
LONDON – Ukraine has rejected a Chinese suggestion to consider an immediate ceasefire in the country’s war with Russia. In a statement issued on Wednesday after a day of closed-door meetings with Ambassador Li Hui, China’s special mediator in the conflict, Ukrainian Foreign Minister Dmytro Kuleba said: “Ukraine does not accept any proposals that would involve the loss of…
Jet Airways’ Revival Faces Mounting Hurdles As Air Operator’s Permit Expires, Casting Doubt On 2023 Takeoff
Jet Airways, once a prominent player in the Indian aviation industry, is mired in prolonged uncertainty as its revival efforts face mounting obstacles. The airline’s air operator’s permit (AOP) or air operator’s certificate (AOC) is on the verge of expiration on May 19, dimming hopes of a successful turnaround this year, according to sources familiar with the matter. Jet Airways…
US blocks European F-16 training for Ukrainian pilots – NYT
Without approval from Washington, the best that Ukrainian airmen can hope for are lessons on technical language and tactical training on the ground, the outlet said on Wednesday. Ukrainian President Vladimir Zelensky has been pressing his Western backers for fourth generation F-16 warplanes for months, arguing they are crucial for defending the country’s airspace amid a massive Russian missile campaign…
Deutsche Bank to pay $75 million to Epstein victims
LONDON (AP) — Deutsche Bank has agreed to pay $75 million to settle a lawsuit claiming that the German lender should have seen evidence of sex trafficking by Jeffrey Epstein when he was a client, according to lawyers for women who say they were abused by the late financier. A woman only identified as Jane Doe sued the bank in…
More nations plan for ‘health disasters’ fuelled by climate change
LONDON – Governments are increasingly focusing on health risks fuelled by global warming, with most nations now considering concerns from malaria to heart disease in their climate plans, according to data shared exclusively by the World Health Organisation (WHO). More than 90 per cent of countries have included health hazards in their commitments to tackle climate change, known as nationally…