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NATO Scrambles Aircraft to Intercept Russian Maritime Patrol in North Atlantic Violation

by Chief editor of world-today-news.com May 2, 2023

written by Chief editor of world-today-news.com

NATO logos are seen at the Alliance headquarters ahead of a NATO Defence Ministers meeting, in Brussels, Belgium, October 21, 2021. REUTERS/Pascal Rossignol

[ブリュッセル２日ロイター] – The North Atlantic Treaty Organization (NATO) announced on the 2nd that NATO military aircraft scrambled to pursue a Russian maritime patrol aircraft that violated aviation safety regulations over the North Atlantic on April 30. .

“The (Russian) aircraft did not comply with international aviation safety regulations and could endanger other aircraft in this airspace,” NATO Air Command said on Twitter. He said the scrambled aircraft was a Tupolev 142.

#NATO #planes #scramble #Russian #planes #North #Atlantic #violating #safety #rules
2023-05-02 18:30:00

May 2, 2023 0 comments

World

Former president warns that detaining Putin would be considered an act of war against Russia

by Chief editor of world-today-news.com March 23, 2023

written by Chief editor of world-today-news.com

On March 23, former Russian President Dmitry Medvedev said the International Criminal Court (ICC) had issued an arrest warrant for Putin, accusing him of war crimes in Ukraine. He said it would be a declaration of war. Representative photo in Moscow (2023 REUTERS)

MOSCOW (Reuters) – Former Russian President Dmitry Medvedev on Thursday tried to arrest Putin after the International Criminal Court (ICC) issued an arrest warrant against him for committing war crimes in Ukraine. He said it would be a declaration of war on Russia.

Medvedev has told domestic media that the ICC is a body without a legal basis and has not done anything important so far.

In a video posted to the telegram app Telegram, he said, “No matter how you look at it, this kind of thing can’t really happen, but let’s imagine. If the current head of a nuclear-armed state visits, say, Germany and is arrested. What will happen? This will be a declaration of war on the Russian Federation.”

“In this case, Russian missiles and everything else will fly to the Bundestag and the Chancellery,” he said.

He also said the risk of nuclear war is increasing. “Ukraine is getting more and more foreign weapons every day, and the world is approaching a nuclear apocalypse,” he said.

He also acknowledged that the West wants to divide Russia and steal its abundant natural resources.

March 23, 2023 0 comments

Business

CEO of Man Group predicts more bank failures over the next two years.

by Chief editor of world-today-news.com March 22, 2023

written by Chief editor of world-today-news.com

Luke Ellis, chief executive of British hedge fund giant Man Group Co. He indicated that he would. Taken last November. (2023 REUTERS/Tyrone Siu)

[ロンドン２２日ロイター] -Luke Ellis, CEO of Man Group, a major British hedge fund, said on the 22nd that the turmoil caused by the collapse of the US bank in Silicon Valley is not over yet, and that a considerable number of banks will be closed within two years. He suggested that it would go bankrupt. he said at the Bloomberg conference in London.

“I think in 12-24 months there will be a lot more banks that don’t exist,” he said. Smaller US banks, regional banks and UK challenger banks could be at risk, he said. He said he did not have a position in a U.S. regional bank.

Technology such as social media has accelerated the speed at which concerns about banks spread, he said. “Things have happened much faster, whether it’s a crisis or good news,” he said.

March 22, 2023 0 comments

Business

A law firm threatens legal action against Credit Suisse AT1 bondholders.

by Chief editor of world-today-news.com March 21, 2023

written by Chief editor of world-today-news.com

Creditors are in talks with lawyers in Switzerland, the United States and the United Kingdom over possible legal actions after Credit Suisse’s (CS) AT1 bonds were rendered worthless in a deal by UBS. I found out. The logos of UBS and CS are pictured in 2023. REUTERS/Denis Balibouse

[ロンドン２０日ロイター] – Credit Suisse (CS) AT1 bonds (other Tier 1 bonds) will be rendered worthless following the acquisition of CS by UBS. The law firm Quinn Emmanuel Urquhart Sullivan said Tuesday it is in talks with lawyers.

Quinn Emanuel said it was in talks with bondholders representing a “substantial percentage” of the total notional value of AT1 bonds. It did not mention the name of the holder.

While the AT1 bonds are worthless, holders of shares with lower priority to repayment than the bonds will receive a total of $3.23 billion in a share-for-stock purchase by UBS.

Funds with significant exposure to AT1 bonds by portfolio weight at the end of February included those managed by Lazard Frere Gestion, PIMCO and GAM Investments, according to Morningstar data reviewed by Reuters. , are likely to be susceptible to devaluation.

PIMCO and GAM declined to comment on questions about AT1 holdings and potential legal action.

Lazard Frere did not respond to a request for comment.

March 21, 2023 0 comments

Business

Saudi Aramco’s net profit rises 46% year-on-year to record high

by Chief editor of world-today-news.com March 12, 2023

written by Chief editor of world-today-news.com

Saudi Arabia’s state oil company Saudi Aramco announced on March 12 that it posted a record net profit of $161.1 billion in 2022, up 46% from the previous year. Soaring energy prices, increased sales volumes, and expanded refining margins provided tailwinds. FILE PHOTO: An oil facility in Abqaiq, Saudi Arabia, December 2019. REUTERS/Maxim Shemetov

DUBAI (Reuters) – Saudi Aramco posted a record net profit of $161.1 billion in 2022, up 46% from the previous year, it said on Thursday. Soaring energy prices, increased sales volumes, and expanded refining margins provided tailwinds.

Free cash flow in 2022 also hit a record high of $148.5 billion, up from $107.5 billion a year earlier.

Capital spending rose 18% to $37.6 billion. It expects to make around $45 billion to $55 billion this year, and is on track to boost production capacity to 13 million barrels per day by 2027, he said.

Amin Nasser, meanwhile, said, “For the foreseeable future, we assume that oil and gas will continue to be a vital (source of energy), so there is no risk of underinvestment across the industry. It’s realistic,” he said. In order to solve these problems, it revealed that it is also investing in new low-carbon technologies that can further reduce greenhouse gas emissions.

The dividend for the fourth quarter of 2022 was $19.5 billion, up 4% from the previous quarter.

March 12, 2023 0 comments

World

7 killed in Hamburg church shooting; 1 dead suspect

by Chief editor of world-today-news.com March 10, 2023

written by Chief editor of world-today-news.com

[ハンブルク９日ロイター] – A shooting incident occurred at a church of “Jehovah’s Witnesses” in Hamburg, northern Germany, on the 9th, resulting in multiple deaths and serious injuries. local police said. The motive is unknown.

One of the dead is a possible suspect. The exact number of deaths has not been disclosed.

Seven people were killed and eight wounded, German newspaper Bild reported, citing police officials.

According to a police spokesperson, the report was received after 9:00 pm local time (5:00 am on the 10th Japan time), and when they rushed to the scene, they found several seriously injured and dead people.

Hamburg police said on Twitter that one of the dead could be a suspect and that “we are investigating thoroughly to rule out the involvement of multiple suspects”.

A journalist at the scene told the DPA news agency that roads had been blocked in the Alsterdorf district north of Hamburg and warnings were sent to residents’ mobile phones about a “life-threatening situation”.

Hamburg’s mayor tweeted his condolences to the families of the victims and said that “the authorities are doing everything in their power to trace the perpetrators and find out their background.”

March 10, 2023 0 comments

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