Tag: Region Asias

Foxconn dumps $26 billion Vedanta chip plan in blow to India

TAIPEI/BENGALURU – Taiwan’s Foxconn has withdrawn from a US$19.5 billion (SS26 billion) semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday, in a setback to Prime Minister Narendra Modi’s chipmaking plans for India. The world’s largest contract electronics maker signed a pact with Vedanta last year to set up semiconductor and display production plants in Mr Modi’s…

German Real Estate Tycoon Found Dismembered in Rental Home Freezer

  The remains of a German real estate tycoon who has been missing since July 4 have been found inside a freezer of a rental home in the Thai city of Pattaya, according to local authorities. Hans Peter Mack, 62, had been reported missing by his wife, 24-year-old Thai national Piraya Boonmak, a day after his disappearance. According to local…

White House wants Ukraine inspector general out of defense bill

  WASHINGTON ― The White House on Monday told lawmakers it opposes a provision in the House’s annual defense policy bill that would create a special inspector general for Ukraine aid, modelled after the Special Inspector General for Afghanistan Reconstruction. The Ukraine inspector general was one of several provisions in the fiscal 2024 National Defense Authorization Act that the White…

The head of NATO says Turkey will vote ASAP on Sweden’s bid to join NATO

NATO Secretary-General Jens Stoltenberg says Turkey’s leader has agreed to have Turkish parliament vote on Sweden’s bid to join the defense alliance. The announcement came via a tweet after Stoltenberg met with both Turkish President Recep Tayyip Erdogan and Swedish Prime Minister Ulf Kristersson in Vilnius, Lithuania, on the eve of the NATO summit there. “Glad to announce that after…

‘Historic day’: Turkey’s Erdogan agrees to back Sweden’s NATO bid

NATO chief Jens Stoltenberg announces that President Erdogan agrees to forward Sweden’s bid to Turkey’s parliament. Turkish President Recep Tayyip Erdogan has agreed to back Sweden’s bid to join NATO after a year of blocking the move, citing Turkish security concerns. NATO Secretary-General Jens Stoltenberg announced on Monday that Erdogan agreed to forward Sweden’s membership bid to Turkey’s parliament. After…

Russian Intel Exposes US Telecom Plot to Sow Enmity Against Kremlin

“The US Department of State has finally turned into the ‘Ministry of Truth’ predicted by George Orwell and actually dictates to the American media what exactly they should write and say. In June, the Department of State issued instructions to major telecommunications holdings such as AT&T, Comcast Corporation, Graham Media Group, Nash Holdings, Newsweek Publishing, and The New York Times…

“We’ve Run Out of Ammunition”: Biden Explains Decision to Send Cluster Bombs to Ukraine

  Joe Biden blurted out to reporters on Sunday that his decision to send widely-banned cluster bombs to Ukraine was made because “we’ve run out of ammunition.” “Mr President– on cluster munitions, why now?” a reporter asked. “We’ve run out of ammunition,” Biden bluntly responded. Joe Biden wasn’t supposed to say the quiet part out loud: “We’ve run out of…

Russia Becomes Main Supplier of Gas to Spain in June – Enagas

  According to the company, Spain imported 7,673 gigawatt hours (GWh) of liquefied natural gas from Russia last month, which accounted for 26.8% of the kingdom’s total purchases. From January to June, Spain purchased 41,145 GWh of LNG from Russia, Enagas added. Russia is followed by Algeria and the United States. Algeria exported to Spain 21% of the total amount…

Mali Frees IS-Linked Jihadists in Prisoner Swap: Sources

Mali has freed at least two jihadists from the Sahel affiliate of the Islamic State group in a prisoner exchange, a security official and two politicians told AFP on Saturday. The Sahel country’s military had in recent days released Oumeya Ould Albakaye and Dadi Ould Cheghoub, both members of the Islamic State in the Greater Sahara (ISGS), flying them from Bamako to the Gao region in…

Russia Slams Repatriation of Ukrainian Troops From Turkey

The Kremlin on Saturday slammed Ukrainian President Volodymyr Zelensky‘s decision to repatriate several Ukrainian commanders who should have remained in Turkey until the end of the conflict under a deal. The Ukrainian presidency confirmed that it had secured the return of members of the crack Azov regiment, which is despised in Russia, after “negotiations with the Turkish side.” They were greeted at Istanbul airport by Zelensky, who…

Yellen says Washington might ‘respond to unintended consequences’ for China due to tech export curbs

U.S. Treasury Secretary Janet Yellen on Sunday said she agreed Washington will listen to Chinese complaints about security-related curbs on U.S. technology exports and might “respond to unintended consequences” as she ended a visit to Beijing aimed at reviving strained relations. Yellen defended “targeted measures” on trade that China’s leaders complain are aimed at hurting its fledgling tech industries. She…

South Korean lawmakers berate IAEA chief over Japanese plans to release treated Fukushima wastewater

SEOUL, South Korea (AP) — South Korean opposition lawmakers sharply criticized the head of the United Nations’ nuclear watchdog for its approval of Japanese plans to release treated wastewater from the damaged Fukushima nuclear power plant during a tense meeting in Seoul on Sunday, with protesters screaming outside the door. Rafael Mariano Grossi, the International Atomic Energy Agency’s director general,…

YouTube censors Dr. Jordan Peterson for “hate speech”

Dr. Jordan Peterson, the ex-University of Toronto psychology professor who gained fame for his vigorous defense of free speech, has been subjected to what is perceived as a systemic censorship effort by YouTube. A popular figure in media circles, Peterson’s prolific online presence took a hit when the video-sharing platform decided to censor his account, a move the professor lamented…

MicroChip Wars: China is to restrict exports of semiconductor materials

From August, China is to restrict exports of gallium and germanium, two critical elements for making semiconductor chips. With China dominating the supply of both elements, exporters will now need special license to get them out of the country. The move has the potential to harm a range of western tech manufacturers that use these elements to make their products. The move is reportedly…

Killing of Sikh Leader in Canada Sparks Dueling Protests

TORONTO – A few hundred members of Canada’s Sikh community demonstrated outside the Indian Consulate in Toronto on Saturday to protest the unsolved killing of one of their leaders last month in the Vancouver, British Columbia, area. They accused the Indian government of being responsible for the gunning down of Hardeep Singh Nijjar, president of a Sikh temple and campaigner…

French court upholds freezing of assets of Lebanon’s embattled central bank chief

BEIRUT (AP) — A French court Tuesday upheld the freezing of the assets of Lebanon’s embattled central bank governor, rejecting his appeal to have them released, an official close to the investigation said. Several European countries are investigating central bank Gov. Riad Salameh and his associates over myriad alleged financial crimes, including illicit enrichment and laundering of $330 million. A…