Tag: Region Europe

  PARIS — Germany will send about €1 billion (U.S. $1.1 billion) worth of air defense systems to Ukraine as part of a second “winter package” for the embattled country, the German Defence Ministry said in a statement Tuesday. The support will include a Patriot air defense system and two IRIS-T surface-to-air systems, as well as 10 more Leopard 1 A5 main battle tanks, three Gepard anti-aircraft guns, armored trucks and ambulances, in addition to more than €20 million in…

  FRANKFURT – The German government slashed its growth forecast on Wednesday, predicting Europe’s top economy will shrink this year as it battles high inflation, elevated energy prices and a manufacturing slump. Output will shrink 0.4 per cent, the economy ministry said in its latest projections. This is a marked downgrade from its last estimate in April, when Berlin forecast growth of 0.4 per cent in 2023. The economy has faced severe headwinds since Russia’s invasion of Ukraine last year…

Israel has incurred several cyberattacks following the large-scale surprise attack by Palestinian militant group Hamas. Among the recorded incidents was an attack on the country’s services and government information website, resulting in the portal’s connectivity failure. It was claimed by hacktivists called Killnet, a pro-Russian cyber group that gained notoriety after Moscow’s 2022 invasion of Ukraine. “Israeli government, you are responsible for this bloodshed,” Killnet said, as quoted by Cybernews. “Back in 2022, you supported the terrorist regime in Ukraine….

  The Italian government is running out of military equipment to send to Ukraine, just as domestic public opinion loses interest in supporting Kyiv, Italy’s defense minister said Wednesday. Claiming Italy does not have “unlimited resources”, Guido Crosetto said Italy has “done almost all that it could do,” when it comes to sending weapons to Ukraine. ”There is not much more room,” for freeing up military supplies. Crosetto’s claim follows growing doubts over the supply of U.S. arms to Ukraine…

An American F-16 shot down an armed Turkish drone after it flew close to U.S. forces in northeast Syria and ignored warnings to stay away. Officials said it was the first time the U.S. has shot down an aircraft from Turkey, a NATO ally. Air Force Brig. Gen. Pat Ryder, a Pentagon spokesman, said it was a “regrettable incident” and said U.S. troops had to go into bunkers at their base in Hasakah for safety while Turkey bombed Syrian Kurdish…

In letters sent to all insurance firms, the regulator reminded them of its expectations to make sure they’re checking their products are providing fair value to their customers. The FCA also identified further evidence that some Guaranteed Asset Protection (GAP) products may be failing to provide fair value to customers. This comes as the FCA publishes its latest insurance Value Measures Data (Jan-Dec 2022), which revealed potential concerns over the value of GAP products to customers. GAP insurance is an…

The information supplied by banks, building societies and payment companies suggests that no firm closed an account between July 2022 and June 2023 primarily because of a customer’s political views. The Payment Accounts Regulations ban banks or building societies discriminating on this basis. The FCA will be doing further work with firms to verify the data and to better understand the reasons behind, for example, the closure of accounts due to reputational risk. By far the most common reasons providers…

Facing a likely roadblock from House Republicans on aid for Ukraine, President Joe Biden said Wednesday he’s planning to give a major speech on the issue and suggested there may be “another means” to provide support for Kyiv if Congress continues to balk. “I’m going to be announcing very shortly a major speech I’m going to make on this issue and why it’s critically important for the United States and our allies that we keep our commitment” to Ukraine, Biden…

Jerusalem – Azerbaijan’s space agency, Azercosmos, acquired two multi-spectral electro-optical spy satellites from Israel Aerospace Industries as part of the Azersky-2 program. The Azeri Agency and the Tel Aviv area-based company did not disclose the satellite model or value of the contract in announcing the deal, but both have previously said the agreement is worth about $120 million, and Defense News learned that the model is the OptSat-500. This is the first announced sale of this new model of the…

Russian air defenses shot down 31 Ukrainian drones during a concerted nighttime attack by Kyiv’s forces on border regions, the country’s Defense Ministry said Wednesday, as uncertainty grew over Ukraine’s future access to weapons and ammunition from its Western allies. The drone attack appeared to be Kyiv’s largest single cross-border drone assault reported by Moscow since it launched its invasion 20 months ago. There were no immediate reports of any damage or casualties. Ukraine is pressing on with a slow-moving…

Following the creation of its Hadopi anti-piracy agency over 13 years ago, France monitored and stored data on millions of users suspected of infringing copyrights. The majority were BitTorrent users and the plan was to use evidence of their piracy activities as a basis for escalating actions including warnings, fines, and ultimately, internet disconnections. Operating the program for a decade cost French taxpayers 82 million euros ($86.5 million) but according to digital rights group La Quadrature du Net, Hadopi’s “mass…

Matthew Miller, Department Spokesperson
Today, the United States is designating a network linked to the U.S.-designated Iranian Revolutionary Guard Corps (IRGC).  This network–comprised of five entities and two individuals based in Iran, the People’s Republic of China (PRC), Hong Kong, Türkiye, and the United Arab Emirates–has been procuring sensitive parts for Iran’s one-way attack unmanned aerial vehicle (UAV) program.
Iran is supplying Russia with arms, including Shahed-136 UAVs, to support Russia’s illegal war against Ukraine.  One of the servomotors procured by the network designated today was recovered in the remnants of a Russia-operated Shahed-136 that was recently shot down in Ukraine.
The United States is determined to take actions against those supporting Russia’s war machine, particularly the provision of weapons that target Ukraine’s people and civil infrastructure.
For more information on today’s action, please see the Department of the Treasury’s press release .

The US Department of Justice has stepped up its probe into Credit Suisse Group and UBS Group over suspected compliance failures that allowed Russian clients to evade sanctions, according to people familiar with the situation. What began as a series of subpoenas sent to a range of banks early this year has developed into a full-scale investigation focusing on Credit Suisse, said the people, who requested anonymity to speak about an ongoing inquiry. The DOJ has briefed US-based lawyers for…

Yaroslav Hunka was hailed as a “war hero” last week in Canada’s parliament, where he received a standing ovation. A Polish government minister has launched a bid to extradite Yaroslav Hunka, the 98-year-old Ukrainian-Canadian man who fought in a German-Nazi division during World War Two and last week received a standing ovation in Canada’s parliament. “In view of the scandalous events in the Canadian parliament, which involved honouring, in the presence of President Zelensky, a member of the criminal Nazi…

Poland has escalated its rhetoric against Ukraine beyond a trade dispute over grain, with President Andrzej Duda comparing the war-torn country to a drowning person clinging to their rescuer and endangering their life. “Ukraine is behaving like a drowning person clinging to anything available,” Duda told Polish journalists in New York on Tuesday. “A drowning person is extremely dangerous, capable of pulling you down to the depths . . . simply drown the rescuer.” The president’s unflattering remarks came after Poland led a coalition…