Tag: Region US

Al Jazeera ‘Finds No Grounds For Israeli Army’s Claim Gaza Baptist Hospital Strike Was a Failed Rocket Launch’

Al Jazeera, whose footage was cited by Israel to claim a failed rocket launch by Gaza fighters caused the al-Ahli Baptist hospital explosion, did their own investigation into Israel’s claims and found they were without merit. An Al Jazeera digital investigation found no grounds for the Israeli army’s claim that the strike on the al-Ahli Arab hospital in Gaza was…

US Broadly Eases Venezuela Oil Sanctions After Election Deal

WASHINGTON — The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached between the government and opposition parties for the 2024 election – the most extensive rollback of Trump-era restrictions on Caracas. A new general license issued by the U.S. Treasury Department authorized OPEC member Venezuela, which had been under crushing sanctions…

Singapore-based video game distributor GCL seeks US listing via $1.65 billion Spac deal

BENGALURU – Grand Centrex Limited (GCL) said on Wednesday that it will list in the US by merging with a blank-cheque firm in a deal that values the Singapore-based video game distributor at US$1.2 billion (S$1.65 billion). Special purpose acquisition companies (Spacs) have largely fallen out of favour following a bumper 2020, after they drew intense scrutiny from the United…

Israel suspends defense sales to Colombia

SANTIAGO, Chile — The Israeli government has suspended all sales and supplies of defense and security hardware and related services to Colombia. The move followed a heated exchange on X, formerly known as Twitter, between Colombian President Gustavo Petro and Israeli Ambassador in Bogota Gali Dagan about the ongoing conflict in the Gaza Strip. Petro had refused to condemn the…

Biden to visit Israel on Wednesday; Iran issues warning

U.S. President Joe Biden will visit Israel on Wednesday for talks with Israeli Prime Minister Benjamin Netanyahu and make clear Israel has the right to defend itself, Secretary of State Antony Blinken announced on Tuesday. Blinken said after lengthy talks with Netanyahu that Biden will reaffirm solidarity with Israel, which has widely been expected to launch a ground assault in…

Pharmaceutical Production Manager Sentenced in Counterfeit Drug Trafficking Conspiracy

U.S. Attorney’s Office Eastern District of Florida FOR IMMEDIATE RELEASE Thursday, October 12, 2023  BEAUMONT, Texas – A Houston man who served as a production manager in a counterfeit drug trafficking scheme has been sentenced to federal prison for drug trafficking and money laundering violations in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs today. Willis Reed,…

Jewish Communities Ramp Up Security

Jewish communities in North America are ramping up security in the face of rising emotions over the massacre of Jews in Israel and the imminent invasion of Gaza, with pro- and anti-Israel rallies being held daily in cities across the United States. Eric Fingerhut, CEO of the Jewish Federations of North America, told VOA that the communities are prepared and…

US stocks rise ahead of key inflation data

  NEW YORK – Wall Street stocks closed higher on Wednesday as traders await key US consumer inflation data, while shrugging off hotter-than-expected wholesale price increases. The Dow Jones Industrial Average closed 0.2 per cent up at 33,804.87. The broad-based S&P 500 rose 0.4 per cent to 4,376.95, while the tech-rich Nasdaq Composite Index gained 0.7 per cent to 13,659.68….

US Rushes ‘Smart’ Bombs to Israel as Hamas Holds Dozens Hostage

Boeing has begun delivering smart munitions to Israel as the country intensifies retaliation in the wake of Hamas’ large-scale surprise attack. An Israeli Air Force transport aircraft recently flew with the 250-pound (113 kilogram) Small Diameter Bombs from the US to Israel, Bloomberg revealed citing a US official. Israel bought 1,000 GBU-39/B Small Diameter Bombs (SDB) in 2021 for $735…

Germany to send Ukraine $1B in air defense tech, plus more tanks

  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…

US Army Tests Military Version of Elon Musk’s ‘Starlink’ Comms Network

  The US Army has announced the successful trial of a military version of Elon Musk’s “Starlink” communications network. Called the “Starshield,” the technology utilizes low Earth orbit satellites to create a more secure network for soldiers. It will serve as a “redundant” or backup system in case the service’s main communications system gets jammed by enemies. “We’ve done some…

Amazon sellers say they made a good living — until Amazon figured it out

Suavecito was the first product that Douglas Mrdeza listed to sell on Amazon back in 2014. He had ordered a bit too much of the specialty hair pomade for his barbershop in East Lansing, Michigan. He wanted to see whether he could offload some online. It sold out. So, he ordered more. This time he paid Amazon some extra money…

MGM didn’t pay up after hackers broke into its system and stole customer data

The Wall Street Journal wrote on Thursday that MGM Resorts International didn’t pay the ransomware attackers who broke into its systems last month, forcing the company to shut down systems at several of its hotels and casinos. The hack kept many waiting to check into their rooms, including FTC chair Lina Kahn, who was in Las Vegas, Nevada to attend…

The Epic v. Google witness list: Andy Rubin, Sundar Pichai, and more to testify

It’s been almost 10 months since a trial date was set in Epic’s antitrust lawsuit against Google, and with all of the other big tech cases going on right now, including Google’s other antitrust proceedings, you’d be forgiven for forgetting about this one. But believe it or not, the trial will start in less than a month, on November 6th,…

Israel and Gaza at War After Hamas Launches Surprise Attack

Palestinian militant group Hamas launched a large-scale surprise attack against Israel on Saturday, firing thousands of rockets from Gaza and sending fighters to kill or abduct people as Israel retaliated with devastating air strikes. At least 70 people were reported killed in Israel, while Gaza authorities released a death toll of 198 in the conflict’s bloodiest escalation in years, which also left hundreds more wounded on both sides. “We are at war,”…

Biden suggests he has path around Congress to get more aid to Ukraine

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…