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US Security Officials Reviewing Mubadala Fortress Deal, FT Says
US Security Officials Reviewing Mubadala Fortress Deal, FT Says
The Committee on Foreign Investment in the US is reviewing Mubadala Investment Co.’s planned takeover of Fortress Investment
2023-07-25 15:57
Putin presides over rehearsals of ‘massive’ Russian nuclear strike
Putin presides over rehearsals of ‘massive’ Russian nuclear strike
Vladimir Putin has presided over a rehearsal to deliver what the Kremlin described as a “massive” nuclear strike, including the test launch of multiple ballistic missiles. While Russia holds similar rehearsals every autumn, Wednesday’s show of force came just hours after Moscow’s withdrawal from a significant nuclear test ban treaty and as its invasion of Ukraine approaches its second winter. Footage broadcast on state television showed the Russian president overseeing the annual exercises, dubbed “Grom”, via video call. The purpose of the drill was to “deliver a massive nuclear strike... in response to an enemy nuclear strike”, said defence minister Sergei Shoigu. The Kremlin said a Yars intercontinental ballistic missile was launched from a test site to a target in Russia’s far east, a nuclear-powered submarine launched a ballistic missile from the Barents Sea and Tu-95MS long-range bombers test fired air-launched cruise missiles. Russia, which has the world’s largest nuclear arsenal, has passed a bill in parliament that would revoke its ratification of a key nuclear test ban treaty, the Comprehensive Nuclear Test Ban Treaty (CTBT). Though it has never formally come into force, the CTBT has helped deter nuclear weapons testing around the world, with only North Korea conducting an explosive nuclear bomb test this century. Ukraine has said Russia’s withdrawal of its CTBT ratification was an attempt at “nuclear blackmail”. Mr Putin, who will be sent the bill for final approval, has said revoking Russia’s ratification would “mirror” the stance of the US, which has signed but did not ratify the nuclear test ban. Video footage of Wednesday’s military exercise released by the Russian defence ministry showed the land- and submarine-launched missiles piercing the night sky with loud roars, while nuclear-capable bomber aircraft departed from an airfield under the cover of darkness. “Under the leadership of the supreme commander-in-chief of the armed forces of the Russian Federation, Vladimir Putin, training was conducted with the forces and means of the ground, sea and air components of the nuclear deterrent forces,” the Kremlin said in a statement. “During the training, practical launches of ballistic and cruise missiles took place. The tasks planned in the course of the training exercise were fully accomplished,” it said. The latest developments have raised widespread concerns that Moscow could resume nuclear testing in attempts to discourage the West from continuing to offer military support to Ukraine. Russia’s deputy foreign minister Sergei Ryabkov said earlier this month that Moscow will continue to respect the ban and will only resume nuclear tests if Washington does it first. On Wednesday, Mr Ryabkov said the Russian foreign ministry had received proposals from the US to restart discussions regarding strategic stability and arms control matters. However, he pointed out that, given the current political climate, Moscow does not view it as feasible. “We aren’t ready for it because the return to a dialogue on strategic stability... as it was conducted in the past is impossible until the US revises its deeply hostile policy course in relation to Russia,” Mr Ryabkov told reporters in comments carried by Russian news agencies.
2023-10-26 14:58
Sen. Bob Menendez's co-defendants, including his wife, plead not guilty to revised bribery charges
Sen. Bob Menendez's co-defendants, including his wife, plead not guilty to revised bribery charges
Four defendants in the criminal bribery case against U.S. Sen. Bob Menendez, including his wife, have pleaded not guilty in New York City to a revised indictment
2023-10-19 04:49
Vili Fualaau and Mary Kay Letourneau's daughter Georgia announces pregnancy 3 years after mom's death
Vili Fualaau and Mary Kay Letourneau's daughter Georgia announces pregnancy 3 years after mom's death
The younger of Vili Fualaau's daughters, Georgia is currently anticipating the arrival of a baby boy in January
2023-09-07 18:29
An inflation gauge that is closely tracked by the Fed falls to its lowest level in more than 2 years
An inflation gauge that is closely tracked by the Fed falls to its lowest level in more than 2 years
A measure of consumer prices that is closely monitored by the Federal Reserve fell last month to its lowest level since March 2021, the latest sign that inflation in the United States is steadily cooling from its once-painful highs
2023-07-28 20:52
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei reports sales, profit up despite US sanctions
Chinese tech giant Huawei says its revenue rose 3% over a year earlier and its profit margin widened in the first half of 2023 despite sanctions that limit its access to U.S. processor chips
2023-08-11 16:24
Ireland's Wild Youth gear up for Eurovision semi-final
Ireland's Wild Youth gear up for Eurovision semi-final
Wild Youth face strong competition against favourites Sweden and Finland in Tuesday's semi-final.
2023-05-09 17:59
China’s New Premier Arrives in Germany for First Overseas Trip
China’s New Premier Arrives in Germany for First Overseas Trip
China’s No. 2 official Li Qiang landed in Germany on Sunday for his first overseas trip since becoming
2023-06-19 13:18
McConnell and McCarthy split deepens as GOP divide prompts shutdown fears
McConnell and McCarthy split deepens as GOP divide prompts shutdown fears
House Speaker Kevin McCarthy privately delivered a message to Senate GOP Leader Mitch McConnell this week: The Senate's bipartisan bill to keep the government open wouldn't get a vote in his chamber unless significant changes are made.
2023-09-28 08:29
At least 8 people are injured after tornado strikes Wyoming coal mine
At least 8 people are injured after tornado strikes Wyoming coal mine
A tornado struck the largest coal mine in the US while workers were in the midst of a shift change Friday in northeast Wyoming, injuring at least 8 people, officials said.
2023-06-24 13:25
Morocco Seen Holding Rates as it Grapples With $12 Billion Earthquake Recovery Bill
Morocco Seen Holding Rates as it Grapples With $12 Billion Earthquake Recovery Bill
Morocco is expected to keep interest rates unchanged for the next quarter to help finance the hefty cost
2023-09-26 13:48
Trump indictment unsealed in documents case I Live updates
Trump indictment unsealed in documents case I Live updates
The indictment alleges that Trump valet Walt Nauta acted “at Trump’s direction” to move move “approximately 64 boxes” of documents from the Mar-a-Lago storage room to the former president’s residence
2023-06-10 02:24