Tag: Russia

FRANKFURT – The European Central Bank (ECB) will almost certainly deliver another interest rate hike on Thursday as the eurozone slides into a recession. Analysts predict that ECB policymakers will copy May’s move and again raise borrowing costs by 25 basis points, taking the closely watched deposit rate to 3.5 per cent. It would be the Frankfurt institution’s eighth consecutive hike since July 2022, when it kicked off an unprecedented campaign of monetary tightening after Russia’s war in Ukraine sent food…

George Soros, a financier with a penchant for politics, has moved to hand over control over his $25 billion empire to his 37-year-old son Alexander.As some media outlets have pointed out, Soros Sr. previously appeared reluctant to let any of his five children take control of the Open Society Foundations (OSF) but has apparently changed his mind.Alexander Soros replaced his father as the Open Society Foundations’ board chairman in December 2022 and is currently the only Soros family member on…

Struggling to overcome recruiting shortfalls, the Army and the Air Force have bolstered their marketing to entice legal residents to enlist, putting out pamphlets, working social media and broadening their outreach, particularly in inner cities. One key element is the use of recruiters with similar backgrounds to these potential recruits. Airman 1st Class Joshua Fancisco, from the Philippines, left, Airman 1st Class D’elbrah Assamoi, from Cote D’Ivoire, center, and Airman 1st Class Jordan Flash, from Jamaica, looks at their U.S….

Reality Winner, the first person to be prosecuted in violation of the Espionage Act under the Trump administration, said she was “blown away” by the voluminous detail found in the 49-page indictment against the former president in the sprawling Mar-a-Lago documents scandal. The former intelligence contractor and Air Force linguist made the comments in a new interview with NBC broadcast Friday. In 2018, under the Trump administration, Winner pleaded guilty and was sentenced to five years and three months in prison after leaking a top-secret report on…

Western media is reporting that the CIA told its Belgian counterparts that Ukrainian forces were responsible for the destruction of the Nord Stream gas pipelines last September.“Shortly after the attack, our military intelligence agency ADIV received strictly confidential information that pointed to Ukraine’s likely role in sabotage,” a mainstream Belgian newspaper wrote Saturday. The publication said it “learned from well-informed sources that our military intelligence service then ‘got a visit’ from the American intelligence service CIA. ”The story “illustrates how…

Ukrainian forces have been met with strong resistance from Russian soldiers after attempting to penetrate enemy lines in the east of the country in the past couple days. US officials have described the losses, which included US-supplied MRAP armored vehicles, as “significant,” per CNN. Though Ukraine was able to push through Russian forces around Bakhmut, they were met with anti-tank missiles, grenades, and mortars from the Russian side. The report noted that Russian forces have trenched themselves several layers deep,…

China completed a second phase of joint air patrols with Russia over the Western Pacific on Wednesday, following flights on the previous day over the Sea of Japan and East China Sea, prompting concerns in Japan over national security. Both South Korea and Japan scrambled fighter jets on Tuesday, when the Chinese and Russian joint patrols got underway as part of their militaries’ annual cooperation plan. The flights are a “serious concern” for Japan’s national security, and those concerns were…

The BRICS bloc’s push to create a new trade and reserve currency that can serve as an alternative to the dollar could start chipping away at the greenback’s hegemony in less than three months’ time, former CIA and Department of Defense advisor and investment banker James Rickards has predicted. “It involves the rollout of a major new currency that could weaken the role of the dollar in global payments and ultimately displace the US dollar as the leading payment currency…

The U.S. government has given Chinese and Russian entities at least $1.3 billion for various research programs over the past five years, according to an analysis released Wednesday by Republican Iowa Sen. Joni Ernst and watchdog group Open the Books. The analysis revealed that millions of taxpayer dollars have been given to, among others, a Chinese software developer for military tech support, a Russian health insurance provider that has since been sanctioned and Chinese agriculture companies. And it showed the federal government…

WASHINGTON — The U.S. Air Force walked back comments reportedly made by a colonel regarding a simulation in which a drone outwitted its artificial intelligence training and killed its handler, after the claims went viral on social media. Air Force spokesperson Ann Stefanek said in a June 2 statement no such testing took place, adding that the service member’s comments were likely “taken out of context and were meant to be anecdotal.” “The Department of the Air Force has not…

Director of National Intelligence Avril Haines was the big star of a gala awards ceremony hosted by the Atlantic Council that was touted as the “Washington Oscars.” The Atlantic Council is a neo-conservative think tank, which has three former CIA directors on its board and another as a lifetime director. Paul Craig Roberts, the Assistant Secretary of the Treasury for Economic Policy under Ronald Reagan, called the Atlantic Council the “marketing arm of the military-security complex.” In 2015, it helped prepare a proposal to arm…

Governments around the world are cracking down on free speech. What they are demanding includes the ability to read private encrypted text messages and invade homes in search of wrongspeech. Their demands thus go far beyond what the Censorship Industrial Complex was able to get away with over the last six years. And things are getting worse. Last week, the European Union announced it would punish Twitter for withdrawing from its supposedly “voluntary” censorship laws. “Twitter leaves EU voluntary code…

A former Federal Security Service officer said Putin could be overthrown by Wagner. The Wagner Army is Putin’s private military army, largely made up of mercenaries. The Army chief, Yevgeny Prigozhin, could pose an active threat to Putin, said the war analyst. Vladimir Putin could be ousted by Russia’s private military group, the Wagner army, according to Igor Girkin, a former Federal Security Service officer who once led a group of Russian militants in Donetsk. Girkin, who is also known…

While Ukrainian forces tend to treat each new addition to their arsenal supplied by the West as a game changer, their jubilation tends to be short-lived as Russian forces swiftly learn how to deal with these threats. A Storm Shadow cruise missile Kiev recently got from the UK proved to be no exception.Yesterday, Russian air defense units operating in the Ukrainian conflict zone shot down two Storm Shadow missiles, as well as several other airborne threats.Also, some 12 UAVs operated by Kiev forces were shot down by Russian air defense units in Russia’s Lugansk People’s Republic, Donetsk People’s Republic and Zaporozhye region.The United States and its allies have supplied billions of dollars worth of weapons and military hardware – including small arms, artillery, multiple launch rocket systems and air defense systems – to Ukraine, fanning the flames of the ongoing conflict in the country and effectively helping prolong the fighting and the suffering of the Ukrainian civilians.

Mila Antonova – a bridge player who multiple media reports this week claim had an affair with Gates starting in 2009 – was captured in a newly unearthed photograph walking alongside Chapman in New York City. The picture, which is believed to have been taken in 2009 or 2010, around the same time as Gates’ alleged trysts with the decades-younger Antonova, the newspaper claims. The report adds that Antonova was an “associate and financial beneficiary of the late financier and…

CorruptionLedger commentary in red.   Twitter has pulled out of the European Union’s voluntary code to fight disinformation, the EU has said. Thierry Breton, who is the EU’s internal market commissioner, announced the news on Twitter – but warned the firm new laws would force compliance. “Obligations remain. You can run but you can’t hide,” he said. Twitter will be legally required to fight disinformation in the EU from 25 August, he said, adding: “Our teams will be ready for…