Tag: Region Asias

Do Kwon, the cryptocurrency boss behind the $40bn (£31.3bn) collapse of the terraUSD and Luna tokens, has been sentenced to four months of jail in Montenegro. Mr Kwon was found guilty of forging official documents. He was arrested in March as he tried to board a flight to Dubai at Podgorica Airport, in the country’s capital. Mr Kwon also faces charges in the US and South Korea over the collapse of the two digital tokens last year. The former finance…

UNITED NATIONS, June 19 (Reuters) – U.N. Secretary-General Antonio Guterres on Monday urged Israel to halt and reverse what he described as troubling and alarming decisions on settlement activity in the occupied West Bank, a U.N. spokesperson said. “The Secretary-General reiterates that settlements are a flagrant violation of international law. They are a major obstacle to the realization of a viable two-State solution and a just, lasting and comprehensive peace,” deputy U.N. spokesperson Farhan Haq said in a statement. “The…

“It’s not news that China has been saying in recent weeks, not just to us but to many other countries, that they are not providing lethal assistance to Russia for use in Ukraine, and this is an important commitment and policy,” said the secretary. However, Blinken also expressed concern about the possibility of military aid being transferred to Russia by Chinese private companies. In certain cases, such deliveries can be directed towards strengthening Russia’s military potential. “This is worrisome, and…

A military attack against Sweden cannot be ruled out following Russia’s invasion of Ukraine, a report by the Swedish military said Monday, stressing the importance of its swift entry into NATO. The report entitled “Serious Times” did not single out Moscow for instigating a potential attack but rather said Russia’s war in Ukraine and China’s mounting influence in Asia and the world were responsible for rising insecurity. “An armed attack against Sweden cannot be excluded,” the report said. Russia is…

Russian businessman Roman Abramovich is refusing to sign off the release of £2.3 billion ($2.9 billion) made from his sale of Chelsea Football Club to Ukraine, as he apparently wants a “substantial” part of the sum transferred to Russians affected by the conflict, a UK newspaper has reported. The newspaper also cited an unnamed source close to the above-mentioned funds as saying the hope is that “money will start arriving in Ukraine before harsh winter conditions set in again towards…

  The U.S. government has confirmed that multiple federal agencies have fallen victim to cyberattacks exploiting a security vulnerability in a popular file transfer tool. In a statement shared with TechCrunch, CISA confirmed that “several” U.S. government agencies have experienced intrusions related to the exploitation of a vulnerability in MOVEit Transfer, an enterprise file transfer tool developed by Progress Software. The agency also attributed the attacks to the Russia-linked Clop ransomware gang, which this week started posting the names of…

Canada is freezing ties with the China-led Asian Infrastructure Investment Bank, or AIIB, while it probes allegations it is dominated by the Chinese Communist Party, Finance Minister Chrystia Freeland said on Wednesday. Freeland said she did not rule out any outcome of the investigation, a clear hint that Ottawa could pull out of a bank it officially joined in March 2018. The bank’s global communications director, a Canadian, said on Wednesday he had resigned and criticized the bank as “dominated…

Omar Asad, 80, was detained at a temporary checkpoint in the occupied West Bank overnight in January 2022. The soldiers left him unresponsive on the ground of a construction site and said they assumed he had fallen asleep. Palestinian leaders say this case shows the near impunity of Israeli soldiers. They have called for those involved to be prosecuted in an international court. Mr Asad had been out drinking coffee and playing cardsbeforedriving to his home in the village of…

Russian President Vladimir Putin threatened to order troops to take more land in Ukraine in order to protect Russian territory, he said in remarks on Tuesday. The assertion comes as Ukraine begins a long-awaited counteroffensive in the country’s south and east, claiming small victories that have been disputed by the Russian government. Putin said Ukraine has suffered “catastrophic” losses in their probing attacks into Russian-occupied portions of Ukraine, however Ukrainian officials have so far called the offensive a success. He…

DUBAI, United Arab Emirates (AP) — Kuwait reached an agreement worth $367 million with Turkish drone giant Baykar to purchase its increasingly sought-after TB2 combat drones, the Kuwaiti army said. The drone, Bayraktar TB2, boasts unmanned aerial vehicles that can carry lightweight, laser-guided bombs, and fly for up to 27 hours at a time, which, according to the company, was “a record,” it had set while testing the drone in Kuwait in 2019. The announcement, on Tuesday, would set Kuwait…

By Chen Qingqing Published: Jun 13, 2023 07:46 PM The Chinese Foreign Ministry reiterated on Tuesday that it is crucial to conduct an objective, fair, and professional investigation into the Nord Stream pipeline explosion and hold those responsible accountable, after some media reported that German investigators are looking into details about the explosion orchestrated by a sabotage group and the US had knowledge of a plan to attack the pipeline three months before the explosion occurred. We have noticed the…

By Global Times Published: Jun 13, 2023 02:27 PM The Biden administration on Monday added 43 entities including 31 entities from China to an export control list that bars them from accessing US technologies and components, the latest US move to crack down on China’s efforts in developing and modernizing its technology. Washington’s irrational obsession of targeting China’s rising technology prowess in name of the so-called national security protection lays bare the US’ desperate attempt to maintain supremacy in control…

The Royal Canadian Mounted Police are investigating allegations China tried to intimidate a federal legislator, one of more than 100 inquiries into foreign meddling, the RCMP commander said on Tuesday. Canada has accused China of trying to interfere in its affairs through various schemes, including illegal police stations and the targeting of lawmakers. Beijing has strongly denied all such allegations. Ottawa expelled a Chinese diplomat last month for allegedly seeking to target opposition lawmaker Michael Chong’s family in Hong Kong…

HONG KONG – UBS will impose strict restrictions on bankers from Credit Suisse, including a ban on new clients from high-risk countries, according to a Financial Times report, with the two banks moving to close the historic takeover as soon as Monday. A list consisting of almost two dozen “red lines” will prohibit Credit Suisse staff from a range of activities, a limitation meant to curb risk for UBS, the newspaper reported Sunday. Earlier, UBS chief executive officer (CEO) Sergio…

Struggling to overcome recruiting shortfalls, the Army and the Air Force have bolstered their marketing to entice legal residents to enlist, putting out pamphlets, working social media and broadening their outreach, particularly in inner cities. One key element is the use of recruiters with similar backgrounds to these potential recruits. Airman 1st Class Joshua Fancisco, from the Philippines, left, Airman 1st Class D’elbrah Assamoi, from Cote D’Ivoire, center, and Airman 1st Class Jordan Flash, from Jamaica, looks at their U.S….