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☆ We need to step up to create more resilience, deterrence: Saab CEO
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe need to step up to create more resilience, deterrence: Saab CEOSaab CEO Michael Johansson discusses the outlook for defense spending by European countries.

Persons: Michael Johansson Organizations: Saab

A doctor who called himself the “leg saver” is shutting down his vascular clinics in Michigan, where he performed thousands of lucrative procedures that have come under scrutiny for being unnecessary and potentially dangerous. Earlier this month, patients received a letter from the staff of Dr. Mustapha’s clinic, Advanced Cardiac & Vascular Centers, informing them that the business, which has clinics in Grand Rapids and Lansing, was closing and advising them to find new doctors. Dr. Mustapha and Dr. Saab didn’t respond to requests for comment. Dr. Mustapha is a prominent player in a booming industry that targets the roughly 12 million Americans with peripheral artery disease, in which plaque builds up in arteries, clogging the flow of blood. He was paid hundreds of thousands of dollars by device manufacturers to conduct clinical trials, train other doctors and speak about their products, according to a federal database of industry payments to doctors.

Persons: Jihad Mustapha, Mustapha’s, Dr, Mustapha, Fadi Organizations: New York Times, Vascular Centers, Fadi Saab, Saab Locations: Michigan, Grand Rapids, Lansing, Ocala, Fla, Dearborn, Mich

☆ Homeowners spent $600,000 on a sand dune to protect their homes from coastal erosion. It collapsed after just 3 days.
▼ + stars: | 2024-03-18 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +9 min

Salisbury Beach residents pooled funds for a sand dune to protect their homes from coastal erosion. But "king" high tides washed away half of the human-made dune after only three days. The project, organized by the community nonprofit Salisbury Beach Citizens for Change, built a human-made sand dune along the beach to block floodwaters from reaching homeowners' properties. This video posted on the SBCFC facebook page shows the final stages of construction for the Salisbury Beach human-made dune. Seeding sand dunes with grass anchors sand in place, fortifying dunes against erosion from waves and wind, according to UMass Amherst.

Persons: Mary away, Tom Saab, SBCFC, Jens Figlus, They're, Figlus, DCR, Healey, Driscoll, Gary Miles, Ken Wiedemann, — you've Organizations: Service, Salisbury Beach Citizens, Salisbury, SBCFC, Business, Saab, Homeowners, State, Texas, M University, Massachusetts Department of Conservation, Driscoll Administration, Salisbury Beach, Coast, UMass Amherst Locations: Salisbury Beach, Salisbury Beach , Massachusetts, Salisbury, The Massachusetts, State, Massachusetts, Sandwich

THE HAGUE, Netherlands (AP) — French defense industry heavyweight Naval Group has been chosen to build four new diesel-electric submarines for the Dutch navy, the government announced Friday, in a provisional deal to replace three ageing Walrus Class subs. The Dutch government did not immediately announce the price tag for the new submarines. “Our shipyards can build excellent surface ships themselves, but unfortunately we have not had any Dutch navy yards that can design and build submarines themselves for more than 25 years," Economic Affairs Minister Micky Adriaansens said in a statement. Instead, Australia had struck a deal with the United States and Britain to provide submarines powered with U.S. nuclear technology, which French leaders said was sealed behind their backs. In a move to heal relations with France, Canberra later agreed to pay Naval Group a 555-million-euro settlement for breaking the contract.

Persons: “, Micky Adriaansens Organizations: Naval, Walrus, Ministry of Defense, Barracuda, ” Naval, Saab, Economic, ”, French Locations: HAGUE, Netherlands, ThyssenKrupp, Germany, French, Australia, United States, Britain, France, Canberra

As well as celebrating the year in movies, the annual extravaganza has long been the red carpet event of the year. Kevin Mazur/Getty ImagesTeo Yoo. Alberto Rodriguez/Variety/Getty ImagesJamie Lee Curtis looked elegant in a flowing black gown by Dolce & Gabbana. Kevin Mazur/Getty ImagesLeah Lewis, star of Best Animated Feature “Elemental,” looked dreamy in a layered Lever Couture gown featuring a whimsical train. Marleen Moise/Getty ImagesTaylor Zakhar Perez popped on the red carpet with a blue Prada suit styled by leading celebrity stylist Jason Bolden.

Persons: Margot Robbie who’s, “ Barbie ”, Colman Domingo, America Ferrera, Billie Eilish, Zendaya, Danielle Brooks, Mike Coppola, Andrea Riseborough, Loewe, Alberto Rodriguez, Ferrera, Richard Shotwell, Steinfeld, Elie, Sarah Meyssonnier, Huy Quan, Giorgio Armani, Jordan Strauss, Kirsten Dunst, Jesse Plemons Jordan Strauss, Louis, David Yurman, Laverne Cox, David Swanson, Issa Rae, Mark Ronson, Grace Gummer, Kevin Mazur, Teo Yoo, Barbie, Simu Liu, Sean Lennon, Kemp Muhl, Gilbert Flores, Sandra Hüller, Cartier, Justine Triet Jordan Strauss, AP Gabrielle Union, Dwyane Wade Kevin Mazur, Ludwig Göransson Kevin Mazur, Masaki Takahashi, Takashi Yamazaki, Kiyoko, Christina, Eva Longoria’s, Tamara Ralph, Rita Moreno, Reuters D'Pharaoh Woon, Chasinghorse, Jamie Lee Curtis, Omar Rudberg, Sarah Morris, WireImage, Sean Wang, Chang Li Hua, Sam Davis, Yi Yan Fuei, Chang, Yi, Leah Lewis, Gregg DeGuire, Dominic Sessa, Tom Ford, Celine Song, Reuters Marlee Matlin, Oscar, dazzled, Raymond, Marleen Moise, Ramakrishnan, Zuhair Murad, Getty, Taylor Zakhar Perez, Jason Bolden, Erika Alexander Organizations: CNN, Dolby Theatre, Hollywood’s, America, Dolce, Gabbana, Elie Saab, Louis Vuitton, Getty, AMI Paris, Variety, AP, Los Angeles Times, Reuters Locations: AFP

☆ Russia’s invasion of Ukraine sparked a defense boom. It’s likely to outlast the war
▼ + stars: | 2024-02-24 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

“While some Ukraine-related orders are starting to come through, restocking and the impact of ongoing defense spending increases will be evident further down the line,” he noted. ‘Era of insecurity’Continued US military support for Ukraine on the scale of the past two years is looking increasingly unlikely. But the pressure on Western governments to beef up their military coffers will outlast the Ukraine war, analysts say, and it started to rise even before Moscow sent its troops marching toward Kyiv two years ago. The febrile global environment has helped lift the shares of Renk, a newly-listed German maker of military tank gearboxes, including those donated by Berlin to Ukraine. And this appeal is unlikely to fade soon, given growing defense spending by governments.

Persons: Lockheed Martin, That’s, Jens Stoltenberg, ” Trevor Taylor, Russia wouldn’t, Micael Johansson, Johansson, “, Charles Woodburn, ”, House Republicans —, Donald Trump, Moscow, Oli Scarff, Trump, Joe Biden, Houthi, It’s, Susanne Wiegand, Myles Walton, Sweden’s, … Organizations: London CNN, Russia, Kyiv, BAE Systems, Thales, Rheinmetall, Lockheed, Northrop Grumman, Atlantic Treaty Organization, NATO, Royal United Services Institute, CNN, Saab, Ukraine, House Republicans, Republican, Kiel Institute, European Union, Getty, International Institute, Strategic, Renk, Reuters, New, Wolfe Research, Sweden’s Saab Locations: Ukraine, Moscow, United States, Canada, Russia, London, Europe, Swedish, Poland, Kyiv, Congress, German, European, Newcastle, Tyne, England, AFP, Beijing, Taiwan, China, Israel, Red, Berlin, Frankfurt, Gaza, New York

☆ Saab Digital Air Traffic Solutions CEO discusses partnership with Thales
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaab Digital Air Traffic Solutions CEO discusses partnership with ThalesPer Ahl, CEO of Saab's Digital Air Traffic Solutions, discusses the firm's signing of of a Memorandum of Understanding with Thales to support the long-term innovation and modernization of Singapore's Air Traffic Management infrastructure at the Singapore Airshow.

Organizations: Saab, Air Traffic, Thales, Saab's, Traffic Solutions, Air Traffic Management, Singapore

☆ Orban Gives Green Light to Sweden’s NATO Bid
▼ + stars: | 2024-02-23 | by ( Andrew Higgins | ) www.nytimes.com time to read: +1 min

Prime Minister Viktor Orban of Hungary on Friday declared an end to a monthslong spat with Sweden over the expansion of NATO, saying that a visit by his Swedish counterpart had rebuilt trust and paved the way for the Hungarian Parliament to vote on Monday to ratify the Nordic nation’s membership in the alliance. “We are ready to fight for each other, to give our lives for each other,” Mr. Orban said at a joint news conference in Budapest, the Hungarian capital, with the visiting Swedish leader, Ulf Kristersson. Hungary has been the last holdout in endorsing Sweden’s NATO membership. The sudden warming of relations between the two countries followed a decision by Sweden to provide Hungary with four Swedish-made Gripen fighter jets in addition to the 14 its air force already uses, and a promise that Saab, the maker of the warplanes, will open an artificial intelligence research center in Hungary. Hungary had been stalling for 19 months on ratifying Sweden’s admission to NATO, a delay that had puzzled and exasperated the United States and other members of the military alliance.

Persons: Viktor Orban of Hungary, Mr, Orban, Ulf Kristersson Organizations: Friday, NATO, Swedish, Nordic, Gripen, Saab Locations: Sweden, Budapest, Swedish, Hungary, United States

☆ Israel’s Druze Arabs, fiercely loyal to the state, feel let down after ‘paying with their blood’
▼ + stars: | 2024-02-21 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +11 min

About a million-strong, the global Druze community is largely spread across Israel, Lebanon and Syria. Some 130,000 Israeli Druze live in the Carmel and Galilee in the country’s north. There have been rumblings of discontent since 2018, when tens of thousands of demonstrators gathered in Tel Aviv to protest Israel’s controversial “nation-state” law. “The (nation-state) law didn’t affect our identity – it affected our sense of belonging,” he said in a video call with CNN. “The Druze community has no dream to have a country – we don’t want it, we don’t believe in it.

Persons: Alim Abdallah, Abdallah, we’d, ” Abdallah’s, Mona, Mona Abdallah Saad, “, ” Mona, ”, Alim Abdallah Saad, Adam, Maya, ” Abdallah, CNN hasn’t, Col, Salman Habaka, Be’eri, Habaka, Gadeer Kamal, Kamal, ‘ I’m, I’m, ’, Corinna Kern, Anwar Saab, It’s, Omri Eilat, Ariel Schalit, Benny Gantz, Bejamin Netanyahu, Bibi –, “ It’s Organizations: CNN, Israel Defense Forces, 300th Baram Regional Brigade, Washington DC, Jewish Agency for, Reuters ‘, Saab, University of Haifa, Druze Heritage Center, National Unity, Israeli Locations: Lebanon, Israel, Yanuh, Lebanese, Syria, Carmel, Galilee, Golan, Egypt, Israel’s, Hala, Gaza, Tel Aviv, Druze, Washington, Jewish Agency for Israel, Iran, Isfiya, Yanuh Jat

☆ Best red carpet looks at the 2024 BAFTA Awards
▼ + stars: | 2024-02-19 | by ( Nicole Mowbray | ) edition.cnn.com time to read: +3 min

Margot Robbie in yet more Barbie pink — this time a custom gown by Giorgio Armani Privé. John Phillips/Getty ImagesEmma Stone in peach Louis Vuitton, her sleeve nodding to her voluminous costuming in "Poor Things," for which she was nominated as Best Actress. Jeff Spicer/Getty ImagesDa’Vine Joy Randolph, who won the Best Supporting Actress award for "The Holdovers," wore custom Robert Wun. Joe Maher/BAFTA/Getty Images“Anatomy of a Fall” actor Sandra Hüller wore metallic Louis Vuitton with her hair coiffed into a rockabilly-style quiff. John Phillips/Getty Images"The Crown" star Emma Corrin went for edgy blue tights, a cropped top and a netted veil by Miu Miu.

Persons: Catherine , Princess, Prince William, ” Oppenheimer, ”, Margot Robbie, Giorgio Armani Privé, John Phillips, Emma Stone, Vuitton, Colman Domingo, Mike Marsland, Rosamund Pike, Dior, Ayo Edibiri, Scott Garfitt, Cate Blanchett, Louis Vuitton, BAFTAs, Jeff Spicer, Joy Randolph, Robert Wun, Carey Mulligan, Stephane Cardinale, Corbis, Taylor Russell, Emily Blunt, Elie Saab, Gareth Cattermole, Ryan Gosling, Naomi Campbell, Florence Pugh, Harris Reed, Isabel Infantes, Reuters Bradley Cooper, Valentino, Emerald Fennell, Joe Maher, Sandra Hüller, Emma Corrin, Miu Miu, Daisy Edgar, Jones, Gucci, Karwai Tang Organizations: London CNN, Royal, Hall, British Academy of Film, Television Arts, Getty, Reuters, Dua Locations: London, Wales, Dua Lipa

☆ With no Boeing passenger jets at the Singapore Airshow, Airbus and China take centerstage
▼ + stars: | 2024-02-19 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +2 min

An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. SINGAPORE — Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China's homegrown offering. While there will be aerial displays of commercial liners by Airbus and China's domestic jetliner Comac C919, Boeing will not have any commercial aircraft at the air show. While no commercial jets will be featured, Boeing will still be holding a cabin display of its wide-body 777X passenger plane, which the company claims is the world's largest twin-engine jet. This is the first major international aerospace event since the blowout last month, which pushed Boeing into another safety crisis after the U.S. safety regulators ordered the temporary grounding of more than 170 Boeing 737 Max 9 planes.

Persons: Max, Lockheed Martin, Thales, scuffling Organizations: Boeing, Boeing Factory, SINGAPORE — Boeing, Singapore, Airbus, U.S . Air Force, Lockheed, Dassault, SAAB, Leonardo, Max, Alaska Airlines Locations: Renton , Washington , U.S, SINGAPORE, Portland , Oregon

☆ China will showcase its domestic jetliner at the Singapore Airshow. Here's what else to expect
▼ + stars: | 2024-02-19 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

A model of Comac's C919 aircraft at the Singapore Airshow on Feb. 6, 2018. SINGAPORE — China is gearing up to showcase its narrow-body passenger jet to a global audience for the first time at the Singapore Airshow. Touted as a competitor to Boeing's 737 and the Airbus 320, the Comac C919 is quickly turning out to be one of the most anticipated features at this year's event. "Flying for the first time at the Singapore Airshow, is the C919, a narrow-body airliner developed by Chinese aircraft manufacturer Comac," Singapore Airshow organizer and manager Experia Events said in a statement. The Singapore Airshow is a fantastic opportunity for Comac particularly given the current situation with Boeing," Brendan Sobie of Sobie Aviation told CNBC.

Persons: Experia, Lockheed Martin, Thales, Brendan Sobie, Sobie Organizations: Singapore, Singapore Airshow, Airbus, Commercial Aircraft Corporation of China, Civil Aviation Administration, China, Aerospace, Boeing, Lockheed, Dassault, SAAB, Leonardo, Sobie Aviation, CNBC Locations: SINGAPORE — China, Singapore, China

☆ Rocio San Miguel: White House ‘concerned’ as Venezuela detains activist over alleged ‘White Bracelet’ plot to kill Maduro
▼ + stars: | 2024-02-13 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +2 min

CNN —White House spokesman John Kirby told reporters on Tuesday that the US government is “deeply concerned” by the arrest of activist and security analyst Rocio San Miguel in Caracas, Venezuela. On Tuesday, Venezuela’s Attorney General Tarek William Saab announced on X that San Miguel had been charged overnight with treason, conspiracy, terrorism and criminal association as part of an investigation into the “White Bracelet” plot. “White Bracelet” is the name of an alleged plot to kill President Nicolas Maduro that the Venezuelan government denounced in January, and for which it has presented no evidence. San Miguel’s ex-husband Alejandro Gonzales was also charged with revealing military secrets, while four other citizens were released, Saab said. They are complicit in (terrorism) and interventionist actions against Venezuela,” Gil wrote on X.

Persons: CNN —, John Kirby, “, Rocio San, …, ” Kirby, Juan Luis Gonzalez, Tarek William Saab, Miguel, Nicolas Maduro, Miguel’s, Alejandro Gonzales, Yvan Gil, Maduro, Vladimir Padrino, Freddy Bernal, ”, ” Gil Organizations: CNN, Maiquetia, Venezuela’s, Saab, UN, Commission, Human Rights, Interamerican, Amnesty International Locations: Rocio San Miguel, Caracas, Venezuela, Miguel, Venezuelan, Spanish, United States, Tachira

☆ US Concerned About Venezuela's Arrest of Activist and Her Family
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

WASHINGTON (Reuters) - The United States is "deeply concerned" by reports that human rights activist Rocio San Miguel and members of her family have been arrested in Venezuela, the White House said on Tuesday. San Miguel is president of the non-governmental organization Control Ciudadano, which advocates for citizen oversight of Venezuela's armed forces. San Miguel's legal team says it has requested information from Venezuelan authorities following her arrest but has not received a response. Human rights groups say her lawyers were not present at her arraignment on Monday. Washington began reimposing sanctions last month after Venezuela's top court upheld a ban blocking the candidacy of the leading opposition presidential hopeful.

Persons: Rocio San Miguel, Miguel, Nicolas Maduro, John Kirby, Maduro, Kirby, Tarek Saab, State Nicolas Maduro, Washington, Jeff Mason, Gabriel Araujo, Mayela Armas, Rami Ayyub Organizations: WASHINGTON, Control, State, United Nations Locations: United States, Venezuela, U.S

“It is necessary to conduct this operation unilaterally and without notifying Venezuelan officials,” reads the 15-page 2018 memo expanding “Operation Money Badger,” an investigation that authorities say targeted dozens of people, including Venezuelan President Nicolás Maduro. Within weeks, senior DEA officials plotted to deploy at least three undercover informants to surreptitiously record top officials suspected of converting Venezuela into a narco state. And “to limit or mitigate the exposure of the unilateral activities,” the document advised DEA officials to protect their informants and curtail in-person meetings with targets. I think they figured they had nothing to lose.”RELEASED BY ACCIDENTThe Operation Money Badger memo was never intended to be made public. The DEA memo authorized three informants to secretly record undercover meetings with the targets.

Persons: –, ”, Nicolás Maduro, Maduro’s, Alex Saab, Wes Tabor, “ We’re, Maduro, “, Biden, ” Maduro, Donald Trump’s, Trump, Joe Biden, ” —, Evan Criddle, William & Mary, there’s, Mike Vigil, Manny Recio, John Costanzo Jr, Costanzo, ” Michael Nadler, Washington –, launderer, Jose Vielma, Hugo Chávez, Vielma’s, Luis Motta, Vielma, Motta, Motta’s, Zach Margulis, Hugo Carvajal, Jennifer Farrar Organizations: MIAMI, The Associated Press, U.S . Drug Enforcement Administration, DEA, Justice, AP, CIA, State, Justice Department, U.S, Attorney’s, Democratic, Supreme, William &, Saab, Miami Field Division’s, IRS Locations: Venezuela, United States, U.S, America, Venezuelan, Miami, Manhattan, Russia, China, OPEC, Mexico, Virginia, “, Colombian, New York, Houston, Washington, Investigative@ap.org

MIAMI (AP) — It was a plan the United States knew from the start would arguably violate international law. Here are some of the takeaways from the AP's exclusive report on the secret memo:Photos You Should See View All 45 ImagesWHAT DOES THE MEMO REVEAL? The 15-page memo spells out a secret DEA plan directing confidential informants to record Venezuelan officials suspected of converting the South American country into a narco state. “It is necessary to conduct this operation unilaterally and without notifying Venezuelan officials,” officials wrote in the memo. None of the indictments of Venezuelan officials before or after the 2018 memo made any mention of U.S. spying.

Persons: Nicolás Maduro, ”, Wes Tabor, Jose Vielma, Hugo Chávez, ” Michael Nadler, Maduro’s, Alex Saab, Maduro, “, Biden, Evan Criddle, William & Mary Organizations: MIAMI, Associated Press, U.S . Drug Enforcement Administration, DEA, IRS, U.S, Attorney’s, Justice Department, CIA, Supreme, William & Locations: United States, Venezuela, U.S, Manhattan, Miami, VENEZUELA, Latin America, Virginia, Investigative@ap.org

☆ Ukraine is getting a new US-made guided bomb meant to hit targets 90 miles away and overcome Russian jamming: report
▼ + stars: | 2024-01-31 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The sources, who agreed to speak on condition of anonymity, told the outlet that the Pentagon had successfully tested a new high-precision long-range ground-launched small-diameter bomb, also known as GLSDBs. AdvertisementOne US official said the bomb can hit targets as far as 90 miles away and gives Ukraine a "deeper strike capability," which "complements their long-range fire arsenal," per the outlet. A ground-launched small-diameter bomb tested in Norway in an undated photo shared by Saab AB. A ground-launched small-diameter bomb tested in Norway in an undated photo shared by Saab AB.

Persons: —, Svein Daae, Patrick Ryder, We'll Organizations: Service, Politico, Pentagon, Business, Saab Group, Boeing, Saab AB, Saab Locations: Ukraine, Norway

This is called judicial criminality,” Machado said of Friday's ruling by the Supreme Tribunal of Justice. The longtime government foe was able to participate, because the primary was organized by a commission independent of Venezuela’s electoral authorities. On Monday, she sought to reassure supporters, telling them that her campaign is “stronger than ever” and she will represent them during the presidential election. The court and the National Electoral Council, the country’s electoral body, are stacked with people affiliated with the ruling party. "Should there be an aggressive action, our response will be calm, reciprocal and energetic.”___Zeke Miller contributed to this report from Washington.

Persons: María Corina Machado, ”, Machado, Nicolás Maduro, ” Machado, “, Friday’s, Maduro, They’ve, John Kirby, Elvis Amoroso, Tarek William Saab, Roberto Abdul, Gerardo Blyde, Jorge Rodríguez, Blyde, Rodríguez, ” Rodríguez, ___ Zeke Miller Organizations: Monday, Justice, National Security, of American, Electoral Council, U.S Locations: CARACAS, Venezuela, Venezuelan, United States, Venezuela's, U.S, Barbados, Spain, Latin America, Washington

PARIS (AP) — As the Paris spring couture shows entered their third day, Jennifer Lopez ensured that the power of runway designs were matched by the power of a VIP audience. The singer and actress energized the Palais de Tokyo, arriving at the last minute for Elie Saab's show amid pandemonium. Haute couture — the fashion industry’s ideas factory — is the age-old tradition of producing exorbitantly priced, made-to-measure garments for the world’s richest women. NAKAZATO’S ‘BLOOD WEDDING’In a display that could be described as a theatrical “blood wedding,” Yuima Nakazato’s latest couture show intentionally left an eerie feeling. Nakazato, known for his boundary-pushing creativity, delved into the darker realms of fashion for spring.

Persons: Jennifer Lopez, Elie Saab's, Lopez marveled —, ” Yuima Organizations: PARIS, Palais, Saab Locations: Paris, Tokyo, Marrakech

CARACAS, Venezuela (AP) — Dueling political factions took to the streets of Venezuela's capital on Tuesday for the first competing rallies of the presidential election year, showcasing their ability to draw people en masse, as voters grapple with political disappointments and uncertainty over the candidate who ultimately will challenge President Nicolás Maduro. Political Cartoons View All 253 Images“They talk about elections, but they are terrified of elections,” Machado said, referring to Maduro and his allies. Let them know clearly, no one takes us out of this electoral route.”Maduro and the opposition faction behind the primary agreed last year to hold a presidential election in the second half of 2024. His challenger's participation in the election remains in doubt even though she won the primary with more than 90% of support. “And not only her, any other candidate who has expressed their intention to participate in a presidential election must participate.”____Follow AP’s coverage of Latin America and the Caribbean at https://apnews.com/hub/latin-america

Persons: Nicolás Maduro, María Corina Machado, Maduro, —, Hugo Chávez —, Machado, ” Machado, Tarek William Saab, Yeickson Ramos, Ramos, “ Will, ”, Maduro’s, Chavistas —, Chávez, Leonard Suarez, Suarez Organizations: American, Authorities, Digital Locations: CARACAS, Venezuela, Caracas, U.S, Guyana, America, Caribbean

☆ Opinion | The Necessary Risk of America’s Military Strikes in Yemen
▼ + stars: | 2024-01-13 | by ( Bilal Y. Saab | ) www.nytimes.com time to read: +1 min

By striking Houthi rebel targets in Yemen with Britain on Thursday, Washington sent a searing message to both the Houthis and its Iranian backers that the United States has ended its longstanding defense-only posture in the Red Sea and is determined to stop the group’s attacks against commercial ships in regional waters. It’s unclear whether that strategy will work, given the intransigence of the Houthis and the fact that they stand to benefit from a fight with the United States. Such a clash boosts their credentials with U.S. foes in the region and distracts from their atrocious governance of northwestern Yemen and the country’s capital. But because of the worsening threat the group poses to the freedom of commerce and navigation in the Red Sea — a major global shipping route and a core American interest in the region — the United States had to act. President Biden said he stands ready “to direct further measures to protect our people and the free flow of international commerce as necessary.” If he commits to this new assertive approach, provides American forces in the region with the authority and resources they need and pairs any further use of force with diplomatic efforts to end the disastrous Israel-Hamas war, his chances of checking the Houthis will improve.

Persons: Washington, Biden Organizations: American Locations: Yemen, Britain, United States, Israel

☆ Ukraine's new long-range rocket delivery from US pushed to next year
▼ + stars: | 2023-11-30 | by ( Mike Stone | ) www.reuters.com time to read: +2 min

It was reported by Politico in February that delivery wouldn't take place until later in 2023. Ukraine needs GLSDB to augment the limited number of 100-mile range ATACMS rockets the U.S. has sent. Because the contract to begin production of GLSDB was signed in March, according to a Pentagon statement to Reuters, delivery was forced towards year-end. The decision to send the long-range rocket, something the U.S. government hasn't purchased for itself, followed a proposal last summer from Boeing Co (BA.N) to U.S. commanders in Europe managing weapons for Ukraine. GLSDB is made jointly by Sweden's SAAB AB (SAABb.ST) and Boeing Co (BA.N).

Persons: GLSDB, hasn't, Mike Stone, Chizu Organizations: Pentagon, Boeing, Reuters, Politico, Mobility Artillery, Boeing Co, U.S, Sweden's SAAB, Thomson Locations: Ukraine, U.S, Russia, Europe, Washington

But all Wright's family wants is for the 38-year-old businessman to be returned home. That position was reaffirmed Friday by the U.S. State Department in response to questions about Wright’s arrest. Some former Trump administration officials say Wright’s arrest is just the latest example of Maduro acting in bad faith. “He loved the nomadic lifestyle,” said Stewart, who didn't know her son was in Venezuela until she learned of his arrest. Wright’s family is speaking out because they feel the U.S. government hasn’t done enough to free him.

Persons: Biden, Savoi Wright’s, Nicolás, hasn’t, “, ”, Erin Stewart, Wright, Joe Biden, Maduro, Maria Corina Machado, Machado, Matthew Miller, Donald Trump's, Juan Guaidó, Kimberly Breier, Trump’s, Elliott Abrams, Maduro’s, Stewart, ” Stewart, Venezuela’s, Tarek William Saab didn’t, Luke Denman, Airan Berry —, — Eyvin Hernandez, Jerrel Kenemore, Joseph Cristella —, Moizeé Stewart, Wright’s, ” ___ Goodman, Tucker Organizations: U.S, Venezuelan, Associated Press, Oakland, U.S . State Department, Trump, Maduro, State Department, Loyola Marymount University, Green, FBI, U.S . Embassy, The State Department Locations: California, Venezuela, OPEC, Barbados, United States, Latin America, Washington, Colombia, Houston, Berkeley , California, Oakland, Miami, South America, U.S, Investigative@ap.org

☆ Ukraine war orders starting to boost revenues for big US defense contractors
▼ + stars: | 2023-10-27 | by ( Mike Stone | ) www.reuters.com time to read: +4 min

WASHINGTON, Oct 27 (Reuters) - The Russian invasion of Ukraine in 2022 is starting to boost defense contractors' revenues, as customers such as the U.S. government restock supplies shipped to Ukraine and countries around Europe arm themselves with an eye on Moscow's aggressions. New contracts to supply Ukraine directly - or backfill U.S. weapons sent to Ukraine - were signed late last year, and now revenue is flowing to the big defense contractors. "We've gone from 14,000 (artillery) rounds per month to 20,000 very quickly. The General Dynamics' Combat Systems unit, which makes armored vehicles, tanks and the artillery Ukraine uses, saw its revenue rise almost 25% versus the same period a year ago. Third-quarter sales for Northrop Grumman's (NOC.N) Defense Systems segment rose 6% on high demand for ammunition and rocket motors used in guided multiple-launch rocket systems (GMLRS), which play a crucial role in supporting Ukraine's defense efforts against Russian forces.

Persons: Lockheed Martin, We've, Jason Aiken, Northrop Grumman's, Sweden's, Joe Biden, Biden, Dynamics's Aiken, Mike Stone, Rod Nickel Organizations: Lockheed, General Dynamics, Patriot, Palestinian, Hamas, Wall, Dynamics ', Systems, Wall Street, Russian, Sweden's Saab, Rheinmetall, Thomson Locations: Ukraine, Europe, aggressions ., U.S, Israel, Arizona, Pennsylvania, Ohio, Texas, Washington

☆ European stocks open lower as earnings roll in; Standard Chartered plunges 10%; ECB set to hold rates
▼ + stars: | 2023-10-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Auto stocks plunged 3.45% as results disappointed, while travel stocks traded 1.7% lower. European stock markets opened sharply lower Thursday as attention remains on third-quarter earnings and government bond yields. Results are out from a slew of companies including Standard Chartered, BNP Paribas, TotalEnergies, Volvo Cars, Novozymes, Volkswagen, Carrefour, Saab and Wacker Chemie. Meanwhile, monetary policy decisions are due from the European Central Bank — for which markets have priced in a more than 98% likelihood of a hold in interest rates — and the central bank of Turkey, from which economists polled by Reuters anticipate a 500 basis point hike to 35%. The benchmark 10-year Japanese government bond yield hit a fresh 10-year high ahead of a central bank meeting next week, according to Reuters data.

Organizations: Chartered, Standard Chartered, BNP, TotalEnergies, Volvo, Volkswagen, Carrefour, Saab, Wacker Chemie, Investors, Facebook, Meta, European Central Bank —, Reuters, Treasury Locations: London, Turkey, Asia, Pacific

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