Tag: Region Europe

Britain sanctions target Russian metal, ‘shady’ resellers of Ukraine’s grain

LONDON – Britain on Friday published plans to ban imports of Russian diamonds, copper, aluminium and nickel and slap a new wave of sanctions against Russia, targeting companies connected to the alleged theft of Ukrainian grain. Along with the United States, Britain and other Group of Seven (G-7) major economies are set to unveil sanctions and export controls targeting Russia over its war against Ukraine at a summit in Japan this weekend. “We will legislate later this year to ban…

Bulgaria Angry At Supposed Macedonian Entry ‘Blacklist’

A cold shoulder for a Bulgarian member of the European Parliament (MEP) traveling to North Macedonia is just the tip of the iceberg. On May 6, which is St. George’s Day and Armed Forces Day in Bulgaria, North Macedonia’s border guards turned back five Bulgarians, including a conservative MEP who has repeatedly waded into the nationalist debate between the two countries. MEP Andrey Kovachev called the snub “quite sad,” and it elicited condemnations from Sofia and from the EU’s commissioner for neighborhood and enlargement, Oliver Varhelyi.

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 the payments made to Bhandari were hidden bribes. Thales has denied any wrongdoing and highlighted that prosecutors have not yet…

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 said. Air raid alerts were declared across Ukraine early on Friday, local time, with some areas reporting explosions. Ukraine’s military…

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 President Vladimir] Putin’s military industrial complex, and those involved in key revenue streams such as energy, metals, and shipping,” the…

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 Serhiy Bratchuk, a spokesperson for the region’s military administration. Amid the recently intensified Russian air assaults, China said its special envoy met…

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 documents also contain the marking NOFORN, or “Not Releasable to Foreign Nationals,” meaning they cannot be shared with foreign intelligence…

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 of assigning a higher than warranted value on weaponry that was taken from US stocks and then shipped to Ukraine,…

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 its territories or the freezing of the conflict.” The failed diplomatic effort comes just as the war is growing in…

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 targeting military facilities and energy infrastructure. The Ukrainian leader appeared to achieve limited progress during a recent European tour, with…

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 federal district court in New York and sought class-action status to represent other victims of Epstein. The lawsuit asserted that…

US seeks to manipulate Turkish elections: Ankara

Turkish Interior Minister Suleyman Soylu accused the US of using the western media to manipulate the outcome of the upcoming presidential and parliamentary elections in Turkiye. “The plan by the US intensifies actively. The reason of [the] Western media’s interference is the realization of the US’s plan,” Soylu told reporters. In the months leading up to the14 May elections, several US and European media outlets published stories describing President Recep Tayyip Erdogan as a “dictator and tyrant.” On 3 May,…

Overcompliance: Sanctions leave Cyprus’ economy reeling

As Cyprus braces for an almost inevitable new wave of sanctions to hit soon, the government conceded on Wednesday the effect on Cyprus’ services sector has been detrimental. The impact goes beyond just the service sectors. Scores of people have lost their jobs, and companies shut down, but more controversially – clients of sanctioned entities have also seen their bank accounts frozen. Spokeswoman for the bar association Georgia Constantinou Panayiotou, told the Cyprus Mail what was happening was in fact…

French court upholds home detention for Former French President Sarkozy in wiretap graft case

PARIS – A French appeals court on Wed nesday upheld a prison sentence of three years, including two suspended, against former president Nicolas Sarkozy for corruption and influence peddling. The court ruled he should serve one year in detention at home with an electronic bracelet and banned him from public office for three years. He had been found guilty over his attempts to secure favours from a judge in return for the promise of a plum retirement job in a case…

Russia freezes bank accounts of Finland’s diplomatic missions, prompting cash payments

Russia has frozen the bank accounts of Finland’s diplomatic representations in Moscow and St. Petersburg, disrupting money flow and forcing the Nordic country’s missions to resort to cash payments, the Finnish foreign minister said Wednesday. Pekka Haavisto said Moscow’s move at the end of April breached the Vienna Convention on Diplomatic Relations and Helsinki had delivered a diplomatic note on the matter to Russia. “We’re not alone with the money traffic problem,” Haavisto told reporters during a news conference. “Also,…

EU to facilitate exit from Russian markets for European companies by easing sanctions

  EU member countries are preparing to help their companies to exit Russia, amid a growing risk they will be taxed to fund Russian president Vladimir Putin’s war. Source: This is stated in the proposals for the 11th package of sanctions against the Russian Federation, referenced by EUobserver, as reported by European Pravda Details: The proposals include new special permits for financial transactions and legal services designed to help European companies exit Russia. But under the new proposal, EU countries…