Tag: Region Europe

UN reaffirms ‘commitment to stay’ in Afghanistan

UN chief Antonio Guterres addresses envoys during talks on Afghanistan in Qatar on May 2, 2023 The UN reaffirmed its “commitment to stay” in Afghanistan on Friday, in a review assessing its operations in the country in light of the Taliban banning women from working for the world body. The United Nations announced on April 4 that the Taliban had barred Afghan women from employment in UN offices countrywide, a prohibition that had previously only affected NGOs but spared the…

Credit Suisse AT1 holders in Asia add to claims over wipe-out

A group of Credit Suisse Group bondholders in Asia challenged Switzerland’s banking regulator over the decision to write down about 16 billion Swiss francs (S$24 billion) of the bank’s riskiest debt, the first known move by wealthy investors in the region.

The filing was made in the Swiss courts on Wednesday, said Mr Mahesh Rai at Singapore-based Drew & Napier LLC. Mr Rai is acting for more than 60 investors across Asia for the case. He declined to specify the losses involved. 

The move appeals the Swiss Financial Market Supervisory Authority’s (Finma) decision to prioritise shareholders over the additional tier-one bondholders, he said.

Germany, Italy clamp down on Italian mob with raids, arrests

BERLIN (AP) — Police across Europe arrested dozens of people, raided homes and seized millions of euros in assets on Wednesday, in a coordinated crackdown on Italy’s ’ndrangheta organized crime syndicate, one of the world’s most powerful, extensive and wealthy drug-trafficking groups.

The operation, coordinated by European Union judicial cooperation agency Eurojust, aimed to dismantle a network that includes the n’drangheta, Colombian drug producers and paramilitary groups, and moves tons of cocaine to Europe and Australia each year.

The investigation uncovered how these networks used ports in Ecuador, Panama and Brazil to ship the Colombian drugs to northern European ports while also dealing in weapons. The drug proceeds were then laundered through restaurants, ice cream shops and car washes, and money sent back to Colombian drug producers via a Chinese wire transfer service, according to Italian officials and a Carabinieri press release.

France versus Macron: May Day Riots

Rioters smashed shop fronts and tried to set fire to police officers in Paris as up to a million people marched across France in May Day protests against President Macron’s reform to the pension age. Young men dressed in black from the anarchist “black block” movement were joined by hardline yellow vest protesters on a rampage at the front of the peaceful union-organised march, which moved through central Paris from the Place de la République to the Place de la Nation. The anarchists broke shop windows and bank frontages and set fire to bins as riot police on motorcycles moved in.

Officers using teargas and batons arrested several dozen violent protesters in the capital and at similar outbreaks on the edges of marches in Lyons, Toulouse and Nantes, which were staged by unions and left-wing parties as a “show of contempt” for Macron’s reform. About 12,000 police had been deployed for the marches after the interior ministry said it expected trouble from two or three thousand black block “wreckers” and violent followers of the yellow vest movement, whose protests inflicted heavy damage in Paris and other cities in 2018 and 2019.

Protesters from the radical climate movements were also active, spraying paint on shop fronts in the Place Vendôme, the central Paris home to jewellery shops, and also on the façade of the Fondation Louis Vuitton, the contemporary art museum financed by LVMH, the luxury brand giant.

Zelensky says White House did not inform him of documents leak: Washington Post

Ukrainian President Volodymyr Zelensky told the Washington Post in an interview published on Tuesday that the White House did not inform him about a leak of secret US documents that grabbed attention around the world in April.

“I did not receive information from the White House or the Pentagon beforehand,” Mr Zelensky was quoted as saying.

“It is unprofitable for us,” he added. “It is not beneficial to the reputation of the White House, and I believe it is not beneficial to the reputation of the United States.”

The materials posted online offered a partial, month-old snapshot of the war in Ukraine.

Ukraine’s Defence Minister Oleksii Reznikov said on April 12 that the Pentagon document leaks contained a mixture of true and false information about his country’s military, and downplayed its negative impact.

Italy cuts anti-poverty subsidies as critics slam ‘provocation’

Italy’s right-wing government on Monday rolled back anti-poverty subsidies introduced four years ago that helped some four million people last year, as critics denounced a “provocation” on the international May Day labour holiday.

Prime Minister Giorgia Meloni, who leads the country’s most far-right coalition since World War II, said the “citizens’ income” benefits would be replaced by a more limited “inclusion cheque” for qualifying households.

The government says the current subsidies cost too much, at around eight billion euros (S$11 billion) last year, and discourage able-bodied people, especially youths, from looking for jobs.

The new inclusion cheques, set to begin in January 2024, would cost around 5.4 billion euros annually, and be available only to households with minors, seniors 60 or older, and handicapped people.

Biden to allow Afghans to stay longer in US, sources say

The Biden administration will continue to allow tens of thousands of Afghans who fled Taliban control more than two years ago to stay and work in the U.S., as congressional efforts have stalled that were meant to permanently resolve their immigration status, according to two people familiar with the plan.

As soon as this summer, eligible refugees will be able to renew temporary work permits and protections from deportation for another two years, according to two administration officials, who spoke to The Associated Press condition of anonymity because they weren’t authorized to discuss plans that haven’t yet been released. The protections were initially given in 2021, and renewed last year.

The effort is a temporary fix for more than 76,000 Afghans who arrived in the U.S. following the military’s chaotic and deadly withdrawal of U.S. troops, some of the darkest moments of Biden’s presidency. Many of those who arrived in the country have worked with U.S. officials, some for many years, as translators, interpreters and other partners.

Britons urged to swear allegiance to King Charles

All Britons will be called on to swear allegiance to King Charles III at his coronation, an oath hitherto reserved for British nobility.

It is a move that has upset anti-royalists.

U.S. help to Taiwan over Chinese threat should be ‘fully global’: Bolton

Taipei, April 29 (CNA) The United States should engage with other democracies around the world to help Taiwan fend off threats from China, former U.S. national security adviser and outspoken China hawk John Bolton told a pro-Taiwan independence event in Taipei on Saturday.

“The U.S. response to help Taiwan against the Chinese threat has to be fully global,” Bolton said at the Global Taiwan National Affairs Symposium hosted by the World Taiwanese Congress, suggesting the establishment of “new structures of deterrence” against China.

Taiwan is “the center of gravity of the Chinese threat” to the world, said Bolton, who served as national security adviser under President Donald Trump from April 2018 to September 2019 and U.S. ambassador to the United Nations from 2005 to 2006.

Spain hit by summer-strength heat in April

An unusually early heatwave in drought-hit Spain is set to peak on Thursday and Friday, with temperatures expected to break April records in the south of the country.

Experts have warned of the high risk of wildfires, and farmers have warned of the catastrophic effect it is having on their crops.

Since Monday, Spain has been enveloped by a mass of warm, dry air from North Africa that has driven up temperatures to “levels normally seen in summer and exceptionally high for this time of year,” said Spain’s state weather agency Aemet.

EU proposes new copyright rules for generative AI

BRUSSELS – Companies deploying generative artificial intelligence (AI) tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems, according to an early European Union agreement that could pave the way for the world’s first comprehensive laws governing the technology.

The European Commission began drafting the AI Act nearly two years ago to regulate the emerging technology, which underwent a boom in investment and popularity following the release of OpenAI’s ChatGPT.

Members of the European Parliament agreed to push the draft through to the next stage, the trilogue, during which EU lawmakers and member states will thrash out the final details of the bill.

Under the proposals, AI tools will be classified according to their perceived risk level: From minimal through to limited, high, and unacceptable.

US to impose additional sanctions against Russia, Iran for detaining its citizens

The U.S. is imposing sanctions on groups in Russia and Iran associated with the wrongful detainment of its citizens, CNN reported on April 27. Former U.S. Marine Paul Whelan and Wall Street Journal reporter Evan Gershkovich are currently being held in Russia on trumped-up espionage charges. Russian Foreign Minister Sergei Lavrov attempted to justify Russia detaining the two U.S. citizens while speaking to journalists at the United Nations on April 25, claiming they were detained “when committing a crime.” People familiar with the matter told Bloomberg in mid-April that Russian dictator Vladimir Putin “personally approved” Gershkovich’s arrest on espionage charges. In Iran, Siamak Namazi, Emad Sharghi and Morad Tahbaz are all being held in a prison where where there have been reports of torture, CNN wrote. According to CNN, the sanctions imposed by the U.S. would target Russia’s Federal Security Service and the Intelligence Organization of Iran’s Islamic Revolutionary Guard Corps. Four individuals in Iran would also be targeted by the sanctions. “We are showing that one cannot engage in this sort of awful behavior using human beings as pawns, as bargaining chips, without paying consequences and these are some of the consequences,” a senior U.S. administration official said, as quoted by CNN. However, as CNN pointed out, “questions remain about the real impact of these sanctions because many of the entities hit on Thursday were already sanctioned under different authorities by the U.S.”

Why China is trying to mediate in Russia’s war with Ukraine

BEIJING — Chinese leader Xi Jinping said Wednesday that Beijing will send an envoy to Ukraine to discuss a possible “political settlement” to Russia’s war with the country.

Beijing has previously avoided involvement in conflicts between other countries but appears to be trying to assert itself as a global diplomatic force after arranging talks between Saudi Arabia and Iran in March that led them to restore diplomatic relations after a seven-year break.

Xi told Ukrainian President Volodymyr Zelenskyy in a phone call that a Chinese envoy, a former Chinese ambassador to Russia, would visit Ukraine and “other countries” to discuss a possible political settlement, according to a government statement.

It made no mention of Russia or last year’s invasion of Ukraine and didn’t indicate whether the Chinese envoy might visit Moscow.

The Xi-Zelenskyy phone call was long anticipated after Beijing said it wanted to serve as a mediator in the war.

Alleged Ndrangheta mafia crime boss Pasquale Bonavota arrested in Italian cathedral

The alleged boss of one of Italy’s biggest mafia syndicates has been arrested by police at a cathedral in the northern city of Genoa.

Pasquale Bonavota has been wanted by police since 2018 after fleeing an arrest warrant for murder and mafia association.

Police say the 49-year-old leads the notorious ‘Ndrangheta mafia.

The group is Italy’s most powerful mafia family and is said to control the bulk of Europe’s cocaine supplies.

Pasquale Bonavota – whom newspaper La Stampa describes as the “baby boss” – had been at the city’s cathedral when arrested and was carrying a fake ID, according to local media reports.

He is one of the defendants in an ongoing “maxi-trial,” in which more than 300 people face charges related to organised crime.

NATO: Ukraine allies sent 1,550 combat vehicles, ‘vast’ ammo

KYIV, Ukraine — NATO allies and partner countries have delivered more than 98% of the combat vehicles promised to Ukraine during Russia’s invasion and war, the military alliance’s chief said Thursday, giving Kyiv a bigger punch as contemplates launching a counteroffensive.

Along with more than 1,550 armored vehicles, 230 tanks and other equipment, Ukraine’s allies have sent “vast amounts of ammunition” and also trained and equipped more than nine new Ukrainian brigades, NATO Secretary-General Jens Stoltenberg said.

More than 30,000 troops are estimated to make up the new brigades. Some NATO partner countries, such as Sweden and Australia, have also provided armored vehicles.

Germany: War in Ukraine – April 2023 Military support for Ukraine 2.75million Euro

Germany provides support for Ukraine by supplying equipment and weapons, these come from supplies of the Federal Arms Forces and from deliveries from industry financed from the Federal Government’s funds for security capacity building. An overview.