Tag: Region Europe

Western allies kicked off a major naval exercise in the Baltic Sea on Saturday amid rising tensions with Russia over the conflict in Ukraine. About 3,200 soldiers from 14 countries are taking part in the German-led Northern Coasts 23 exercise, the German navy said in a statement. The exercise will involve 30 ships, submarines, up to 19 aircraft, and various landing units, it said. Other countries taking part include Italy, France, Finland, Estonia, Denmark, Canada, Belgium, Latvia, Lithuania, the Netherlands,…

MOSCOW, Sept. 8 (Xinhua) — The upcoming joint U.S.-Armenian military exercises do not contribute to the stabilization of the situation in the region, Kremlin Spokesman Dmitry Peskov said Thursday. Peskov said that these exercises are also not conducive to fostering an atmosphere of mutual trust in the region. Moscow continues to work with both Armenia and Azerbaijan amid an escalation of tensions, he added. During a cabinet meeting on Thursday, Armenian Prime Minister Nikol Pashinyan said, “the military-political situation in…

Elon Musk secretly ordered his engineers to turn off his company’s Starlink satellite communications network near the Crimean coast last year to disrupt a Ukrainian sneak attack on the Russian naval fleet, according to an excerpt adapted from Walter Isaacson’s new biography of the eccentric billionaire titled “Elon Musk.”As Ukrainian submarine drones strapped with explosives approached the Russian fleet, they “lost connectivity and washed ashore harmlessly,” Isaacson writes. Musk’s decision, which left Ukrainian officials begging him to turn the satellites…

The Pentagon announced a new $600 million package of long-term aid to Ukraine on Thursday, providing funding for an array of weapons and other equipment just a day after Secretary of State Antony Blinken visited the country and pledged $1 billion in new military and humanitarian aid. The Defense Department said the latest package will come through the Ukraine Security Assistance Initiative, which provides money for long-term contracts for weapons systems that need to be built or modified by defense companies. Included…

The Air Force launched an unarmed Minuteman III intercontinental ballistic missile over the Pacific Ocean in a routine test early Wednesday, the service said in a release. The missile was fired from Vandenberg Space Force Base, California, around 1:30 a.m. local time, and traveled about 4,200 miles to the Marshall Islands, where the U.S. has conducted nuclear weapons tests for decades. Test launches ensure America’s land-based nuclear missiles are still viable after more than 50 years, and are a chance…

Following concerns raised by the government of the United Kingdom (“UK”) about freedom of expression and the provision of banking services, the UK’s financial watch dog, the Financial Conduct Authority (“FCA”), recently commenced an investigation into bank account closures.  This action follows in the wake of recent reports of banks allegedly closing customer accounts based…… Continue Reading
The post FCA Investigates Bank Account Closures, Including for PEP Customers appeared first on Global Investigations & Compliance Review.

Britain is to ban Russian mercenary outfit the Wagner Group as a terrorist organization, media reports said on Tuesday, quoting Home Secretary Suella Braverman. The UK was set to make the Wagner Group a “proscribed” organization under anti-terror laws, putting it on a par with Islamic State and al-Qaeda, a report in the Daily Mail said. “Wagner is a violent and destructive organization which has acted as a military tool of Vladimir Putin‘s Russia overseas,” the newspaper quoted Braverman as…

  The University of Sydney (USYD) announced that a breach at a third-party service provider exposed personal information of recently applied and enrolled international applicants. The public university started operations in 1850 and has nearly 70,000 students and about 8,500 academic and administrative personnel. It is considered one of Australia’s most important educational institutes. In the data breach announcement, the university says that incident had a limited impact and the preliminary investigation found no evidence that local students, staff, or…

Emmanuel Macron has opted to organize a type of forum dear to his predecessor, but for which he has had little taste, until now. During the long discussions with political party leaders and the presidents of the chambers of Parliament on Wednesday, August 30, the president committed to holding a “social conference.” The notion is reminiscent of several conclaves held during François Hollande’s presidency (2012-2017). The goal is to provide new solutions for workers whose cost of living has increased…

Ukraine’s ongoing confrontations with Russia have captivated international attention, moving beyond mere territorial disputes. Ukrainian Defence Minister Alexey Reznikov had indicated a notable shift in these standoffs, which now double as a significant platform, not just for geopolitical engagements but also for the rigorous examination of cutting-edge military innovations. Western allies gauge their armament efficacy against Russia’s formidable array, while Russia evaluates its gear against advanced Western counterparts, including systems like the S-400 Triumf, renowned for its multifunction radar and…

Saudi Crown Prince Mohamed bin Salman in Jeddah, Saudi Arabia, July 19, 2023. SAUDI PRESS AGENCY / VIA REUTERS Among the various grotesque punishments that have become a trademark of Saudi Arabia under Crown Prince Mohamed bin Salman, this one has reached a new level. In July, a 54-year-old retired teacher named Mohammed al-Ghamdi was sentenced to death for sending messages on social media denouncing human rights violations in the kingdom. The verdict, so harsh you would be forgiven for…

MOSCOW — Russian authorities on Sunday confirmed the death of Wagner Group chief Yevgeny Prigozhin, putting to rest any doubts about whether the wily mercenary leader turned mutineer was on a plane that crashed Wednesday, killing everyone on board. Genetic testing on the 10 bodies recovered at the crash site “conform to the manifest ” for the flight, Russian Investigative Committee spokeswoman Svetlana Petrenko said in a statement. Russia’s civil aviation authority had said Prigozhin and some of his top lieutenants were on the list…

Russian paramilitary fighters will have to swear an oath to the Russian flag, a presidential decree signed Friday stipulates, two days after the presumed death of mercenary chief Yevgeny Prigozhin. The measure is aimed at “forming the spiritual and moral foundations for the defence of the Russian Federation” and… applies to members of volunteer formations — a term usually describing mercenary groups — according to the decree. It also applies to groups “contributing to the execution of tasks given to…

  Editor’s note: This story was updated at 4:30 p.m. EST with additional information. A preliminary U.S. intelligence assessment has concluded that the plane crash presumed to have killed Wagner leader Yevgeny Prigozhin was intentionally caused by an explosion, U.S. and Western officials said Thursday as Russian President Vladimir Putin eulogized the man who staged the biggest challenge to his 23-year rule. One of the officials said the initial assessment determined it was “very likely” Prigozhin was targeted and that…

Russia on Thursday, August 24, extended the detention of US reporter Evan Gershkovich, arrested in March on spying charges that he denies and held in a Moscow prison since, by three months. Gershkovich, a Moscow correspondent for The Wall Street Journal, had continued to report from Russia during Moscow’s offensive in Ukraine. “The time of detention has been extended by three months… Until November 30, 2023,” a spokesperson for Moscow’s Lefortovsky court said. The hearing was held behind closed doors,…

The two founders behind Tornado Cash, a Russian cryptocurrency mixing service, have been charged by the U.S. Attorney’s Office for the Southern District of New York, according to a statement on Wednesday. Roman Storm and Roman Semenov were officially charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations and conspiracy to operate an unlicensed money transmitting business, according to a newly unsealed indictment. Storm was arrested in Washington on Wednesday but Semenov still remains at large, the…