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WASHINGTON (AP) — The Biden administration is stepping up efforts to stop dirty money from flowing through the U.S. financial system with a slew of new rules aimed at increasing corporate transparency and regulating occupations that are exploited for money laundering. “We are undertaking a concerted effort to address the systemic deficiencies in the United States’ anti-money laundering and countering the financing of terrorism framework," Nelson said. The international community is expecting the U.S. to improve its corporate transparency rules in order to maintain its status as a safe haven for investment. “We have identified numerous cases involving criminals and U.S. adversaries seeking to operate with anonymity using opaque corporate structures,” Nelson said. Anonymous companies are a favorite tool for bad actors seeking to conceal their activities and their funds,” Nelson said.
Persons: , Biden, Brian Nelson, Nelson, ” Nelson, , Organizations: WASHINGTON, Hamas, Force, Atlantic Council, Treasury Locations: Ukraine, Gaza, U.S, Russia, Iran, Paris, United States
But House Republicans under Speaker Mike Johnson have no plans to take up the deal, effectively blocking the $60 billion in Ukraine aid it includes. AdvertisementThe war has reached a stalemate even with this support, and a sudden shortage as could come this year drastically weakens Ukraine’s war effort against Russia, analysts told Business Insider. Without US arms support, Ukraine will simply be outgunned and more of its troops will die, experts warn. Other aid will save Ukraine just for monthsA Ukrainian defeat would not be immediate, as Europe could step up its military aid, Herbst said. Losing Ukraine would come at a devastating cost for NATO and the USThese dynamics are perilous for Ukraine and its backers.
Persons: , Mike Johnson, John Herbst, Herbst, Ukraine’s, Gustav Gressel, Stringer Mark Cancian, they'd, Cancian, Vladimir Putin, Johnson, Hakeem Jeffries Organizations: Service, Business, Patriot, Council’s Eurasia Center, Archer Artillery, Roman, Getty, American Enterprise Institute, Martens, European Council, Foreign Relations, REUTERS, US Marine Corps, Center for Strategic, International Studies, NATO, Russia, Democrats, House Republicans Locations: Ukraine, Israel, Taiwan, Russia, Ukrainian, Iran, North Korea, Donetsk Oblast, Europe, Zaporizhzhia region, Russian, Soviet Union, Belarus, Africa, Balkans, America
The US Congress has already asked DoD to develop a plan to equip the Peshmerga with air defenses. Iraqi Kurdistan expects the US to appreciate such stances and provide air defenses, given the high stakes for the autonomous region. Ceng Sagnic, chief of analysis of the geopolitical consultancy firm TAM-C Solutions, said “several considerations” are involved in supplying the Peshmerga air defenses. Turkey may not object to an American air defense provision to Iraqi Kurdistan under certain conditions. Advertisement“Using recent clashes as a reason to request additional US air defenses is likely to be viewed negatively in Ankara,” Ali Bakir, a Turkey expert and non-resident senior fellow at the Atlantic Council’s Middle East program, told BI.
Persons: , America’s, Masrour Barzani, ” Mohammed Salih, ” Salih, Ceng Sagnic, ” Sagnic, Mazlum Kobane, ” Ali Bakir Organizations: DoD, Service, Kurdistan’s, NBC News, Foreign Policy Research Institute, TAM, C, ISIS, , Kurdistan Democratic Party, Patriotic Union of, Kurdistan Workers ’ Party, Syrian Democratic Forces, SDF, Reuters, US Locations: Kurdish, Syria, Turkey, Iraq’s Iran, United States, Iraqi Kurdistan, Jordan, Iran, Iraqi, Erbil, Jan, Washington, Iraq, American, Baghdad, Ankara, Patriotic Union of Kurdistan, Kurdistan
Ukrainian pilots training on US F-16s are "very impressed" with the fighter jets, a report said. The Ukrainian service of the Voice of America report cites a Ukrainian Air Force pilot. AdvertisementUkrainian pilots are "very impressed" with US F-16 fighter jets, the Ukrainian service of the Voice of America reported. It will still be several months before they see action against Russian forces, a Ukrainian Air Force spokesman said. AdvertisementDespite this, it noted that "the effort spent training Ukrainian pilots, ground crews, and logisticians to operate and maintain these aircraft will have long-term value."
Persons: , Pat Ryder, Grant Shapps, we're, Rustem Umerov, Volodymyr Zelenskyy, Mads Claus Rasmussen, Ritzau Scanpix Organizations: Ukrainian Air Force, US Air Force, Service, Air Force, Pentagon Press, Britain's Royal Air Force, UK Defence, Armed Forces, Ukraine's Defense, Russia, Russian, Getty, The Telegraph, US Air, AIM, Atlantic Council Locations: Europe, Denmark, Ukraine, AFP, Netherlands, Norway
Metin Atkas | Anadolu Agency | Getty ImagesUkrainian President Volodymyr Zelenskyy is thought to have taken one of his "biggest gambles" yet by replacing his top commander in a dramatic military shake-up. Col. Gen. Oleksandr Syrskyi, one of Ukraine's most experienced commanders who had led the country's ground forces since 2019, was on Thursday appointed the new head of Ukraine's armed forces amid broader military leadership changes. It represents the most significant change to Ukraine's military leadership since Russia launched its full-scale invasion of the country nearly two years ago. In a post on social media platform X, Zelenskyy said he had taken the decision "to renew the leadership" of Ukraine's armed forces and thanked Zaluzhnyi for his two years of service. Urgent change," Zelenskyy said.
Persons: Volodymyr Zelenskyy, Ukrainian Land Forces Oleksandr Syrskyi, Andriy Yermak, Kharkiv Region Oleg Sinegubov, Metin, Gen, Oleksandr Syrskyi, Valeriy, Zelenskyy, Zaluzhnyi, Valerii Zaluzhnyi, Oksana Parafeniuk, Zelenskky, Zaluzhny, Peter Dickinson, Genya Savilov, Dickinson Organizations: Ukrainian Land Forces, Presidential, Military Administration, Anadolu Agency, Getty, Armed Forces, Staff of, Armed Forces of, Washington Post, Russia, Economist, Atlantic Council, Afp Locations: Izium, Kharkiv, Ukraine, Kharkiv Region, Zelenskyy, Russia, Armed Forces of Ukraine, Kyiv, Zelenskky, Ukrainian, Bakhmut, Donetsk
China's crashing stock market could be the breaking point for foreign investors, Atlantic Council's Jeremy Mark said. AdvertisementThe decline of China's stock market may have scarred it for the long-term, as foreign investors likely aren't coming back, the Atlantic Council wrote on Friday. China's property market is the leading concern, considering the sector accounts for around a quarter of the nation's GDP. Foreign investors have been disenchanted by Beijing's slow response, while the government's 2020 crackdown on the tech sector provided another incentive to move out of Chinese markets, Marks noted. "Even if the economy and property market bottom out in 2024, there are worrying signals about the government's intentions for stock investors.
Persons: Jeremy Mark, , Mark, Beijing's, Marks, It's Organizations: Service, Atlantic Council Locations: Atlantic, China, Beijing
WASHINGTON (AP) — To his supporters, Alejandro Mayorkas is a thoughtful, driven secretary — a “Boy Scout” — who brings a prosecutor's tenacity and his personal understanding of the immigrant experience in America to running his sprawling agency. But it is the department’s role in immigration that has made Mayorkas a target of impeachment. Mayorkas said his immigrant and refugee background mean that he brings an intense patriotism to the job. Citizenship and Immigration Service, Mayorkas put in place a program giving protection from deportation to migrants brought to the border as children. Since taking the job as DHS secretary, Mayorkas has been subject to often hostile rhetoric over the administration's handling of the border and immigration.
Persons: , Alejandro Mayorkas, Ali, he’ll, Tom Warrick, ” Warrick, Joe Biden, Biden, Mayorkas, Donald Trump, , , didn’t, Cecilia Munoz, Obama, Munoz, Barack Obama, “ He’s, Mark Green of, impeaching, William Belknap, Ulysses Grant, Brandon Judd, Trump, Judd, Ahilan Arulanantham, Arulanantham, Angela Kelley Organizations: WASHINGTON, Department of Homeland Security, Republicans, Atlantic Council, , DHS, Republican, Associated Press, Mayorkas, White, . Citizenship, Immigration Service, Democratic, Trump, House Homeland Security, National Border Patrol Council, Security, Border Patrol, Biden, Center for Immigration Law, UCLA School of Law, American Immigration Lawyers Association, Congress Locations: America, U.S, Mexico, United States, Washington, Ukraine, California, Cuba, Los Angeles, Miami, Mark Green of Tennessee
The Palestinian Health Ministry said Israeli forces opened fire inside the wards of the Ibn Sina Hospital in the town of Jenin. Most were killed in confrontations with Israeli forces during arrest raids or violent protests. The Israeli military says it has arrested nearly 3,000 Palestinians in the West Bank over the past four months. The military said Tuesday that forces killed Mohammed Jalamneh, 27, who it said was planning an imminent attack. Hospital spokesperson Tawfiq al-Shobaki said there was no exchange of fire and the three were killed by Israeli forces in a targeted killing.
Persons: Ibn, Mohammed Jalamneh, Basel, Mohammed Ghazawi, Jalamneh, Tawfiq, Shobaki, , Basel Ghazawi, Israel, Osama Hamdan, Sheikh Mohammed bin Abdulrahman Al Thani, ___ Lidman Organizations: West Bank, , Palestinian Health Ministry, Ibn Sina, Muslim, Israel, Health Ministry, Hamas, United Nations, Basel, hemiplegia, Palestinian Authority, Gaza, Atlantic Council, Palestinian Locations: JENIN, West, Gaza, Jenin, Israel, Jerusalem, Egypt, Qatar, United States, Beirut, Washington, Gaza City, israel
The Red Sea crisis tests China’s global ambitions
  + stars: | 2024-01-30 | by ( Nectar Gan | ) edition.cnn.com   time to read: +10 min
China’s responseThe Houthi rebels in Yemen started firing missiles and drones at ships in the Red Sea in mid-November, in what they say is an act of solidarity with Palestinians. Chinese officials repeatedly stressed that the Red Sea crisis is a “spillover” from the conflict in Gaza, citing an immediate ceasefire between Israel and Hamas as the top priority. Beijing’s reluctance to wade into the Red Sea crisis reflects these geopolitical calculations. The Chinese government readout of the meeting between Wang and Sullivan did not mention the Red Sea. Egypt is losing millions of dollars per day from the reduced traffic at the Suez Canal at the northern end of the Red Sea.
Persons: Houthi, , , Mordechai Chaziza, Xi Jinping, Israel, ” Chaziza, Wang Yi, Jake Sullivan, Iran ”, we’re, Wang, Sullivan, Ebrahim Raisi, Yan Yan, OOCL, Kuehne + Nagel, Jonathan Fulton, “ can’t, ” Fulton, William Figueroa, Xi Organizations: Hong Kong CNN, Ashkelon Academic College, Beijing, Iran, People’s Liberation Army Navy, Britain, United Nations Security Council, Global, Western, Chinese Foreign, White House, Reuters, Chinese Foreign Ministry, China, Shanghai Shipping Exchange, Atlantic Council, University of Groningen, Xi’s Global Security Initiative, GSI, Hamas Locations: Hong Kong, Red, Israel, Ashkelon, United States, China, Europe, Yemen, Gulf, Aden, Djibouti, Beijing, Gaza, Bangkok, Iran, Tehran, Africa, Switzerland, Francisco, Shanghai, Abu Dhabi, Egypt, Suez, Sea, Saudi Arabia, Netherlands
Qatar is presenting the proposal to the political leaders of Hamas, who would convey it to the group’s military leaders, who would then send a response. During a seven-day pause in November, many people in those categories were among more than 100 hostages released in exchange for Palestinian prisoners. Hamas and other men from Gaza took about 240 people hostage in the terrorist attacks in southern Israel on Oct. 7, which also resulted in about 1,200 deaths, Israeli officials said. Hamas has tried to steer any diplomacy toward discussion of a permanent cease-fire, but Israeli leaders have balked at that. The Israeli officials were expected to speak to leaders in Jerusalem and Tel Aviv about the framework after returning there from Paris.
Persons: Antony J, Sheikh Mohammed bin Abdulrahman bin Jassim, William J, Burns, Shin, Blinken, , ” Sheikh Mohammed, Biden, Michael Crowley Organizations: Hamas, Central Intelligence Agency, Atlantic Council, New York Times, Palestinian Authority, West Bank, Israel Locations: Qatar, Thani, Washington ., Gaza, Israel, United States, Paris, Egypt, Shin Bet, Jerusalem, Tel Aviv, Washington, Palestinian, Saudi Arabia, Saudi
Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.
Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, , , SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, , Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, , Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing
Adding to a complex picture, Germany has the largest Palestinian diaspora in Europe, estimated at 300,000. J'rg Carstensen/picture-alliance/dpa/APThere are thought to be around 450 Hamas members in Germany and, like the rest of the European Union, Germany considers Hamas a terrorist organization. There were also reports of people celebrating the Hamas attacks on the streets of Berlin. Spreading propagandaOn November 2, Germany took the step of banning Hamas and all activities linked to the group. Police stand outside a building that houses a synagogue following a pre-dawn attack on October 18 in Berlin, Germany.
Persons: Friedrich Merz, , Molotov, Jakon Schindler, Schindler, , Uli Deck, Der Spiegel, Matthew Levitt, Maja Hitij, Yossi Mekelberg, , Germany we’re, Lamya Kaddor, Nadine Schmidt, Sophie Tanno Organizations: CNN, Nazi, Christian Democratic Union, ZDF, Palestine, European Union, Federal Office, Protection, Counter Extremism, Hamas, Police, Brandenburg’s, Act, George Washington University, Israel, Washington Institute for Near East, U.S ., EU, Atlantic Council, IDF, Israel Defensce Forces, Chatham House, West Bank, Reuters, Rights Watch Locations: Israel, Gaza, Germany, Berlin, Europe, Rotterdam, Netherlands, Denmark, Sweden, German, Potsdam, Karlsruhe, Israel American, U.S, Austria, Hamas, East, Africa, Chatham, Palestine, London
In repelling disinformation, Chinese and domestic, Taiwan offers an example to other democracies holding elections this year. And when the election results came out, they thought something was up,” said Eve Chiu, the editor-in-chief of Taiwan’s FactCheck Center, a nonprofit journalism organization. Taiwan's FactCheck Center debunked multiple videos of alleged voter fraud, including another one in which voting officials make a human error caught on camera. Taiwan has been able to effectively respond to Chinese disinformation in part because of how seriously the threat is perceived there, according to Kenton Thibaut, a senior resident fellow and expert on Chinese disinformation at the Atlantic Council’s Digital Forensic Research Lab. Others like, Taiwan FactCheck Center, are careful to not take government money so as to preserve their independence, said Chiu.
Persons: miscounting, , , Eve Chiu, Ko Wen, Taiwan's FactCheck, Kenton Thibaut, Thibaut, Alexander Tah, Ray Yui, Yui, ” Yui, Charles Yeh, Chiu, Donald Trump, they’re, Jim Ludes, Ko, DoubleThink, GaChuDao, Wu, ___ Wu, Didi Tang Organizations: WASHINGTON, Taiwan’s, Taiwan People’s Party, Facebook, DoubleThink, Democratic Progressive Party, Taiwan can’t, Atlantic, Forensic Research, Associated Press, Taiwan FactCheck Center, Google, Media, , Pell Center for International Relations, Salve Regina University Locations: Taiwan’s, China, Taiwan, India, Mexico, Russia, America, Kenton, U.S, United States, Iran, Bangkok
Opinion: For the Houthis, war is a way of life
  + stars: | 2024-01-16 | by ( Peter Bergen | ) edition.cnn.com   time to read: +15 min
I think they’re probably ill-advised because I don’t think they’re going to do what they are intended to do. I don’t think they’ll deter the Houthis. This is such an unequal war because the whole character of war has changed. I don’t think it would make the slightest bit of difference whether the US designated them or not. I think they’re on the way to becoming Hezbollah.
Persons: Peter Bergen, CNN —, , Elisabeth Kendall, Kendall, PETER BERGEN, ELISABETH KENDALL, It’s, we’re, Elisabeth Kendall BERGEN,  KENDALL, KENDALL, it’s, they’ve, didn’t, Abdul Malik al, I’m, Mohammed Hamoud, Donald Trump, Joe Biden, Biden, Trump, They’re, don’t, Ali Abdullah Saleh, Saleh Organizations: New, Arizona State University, Apple, Spotify, CNN, US, Girton College, Cambridge University, Islam, Atlantic Council, Iranian Revolutionary Guard, Iranian Revolutionary Guard Corps, UN, Anadolu Agency, Getty, Foreign Terrorist Organization, United Nations, Hezbollah, United Arab Locations: New America, Yemeni, Red, Yemen, Sanaa, Saudi Arabia, Hudaydah, Suez, Iran, Afghanistan, Iraq, Gaza, BERGEN, Israel, Islam, Kingdom of Saudi Arabia, , fragmenting, Washington, America, Beirut, Lebanon, Lebanese, United Arab Emirates
Why China hates the new president of Taiwan
  + stars: | 2024-01-15 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +5 min
"Lai Ching-te clings stubbornly to the separatist position for 'Taiwan independence.' A matter of Taiwan's independenceIn 2017, while he was premier, Lai referred to himself as a "pragmatic worker for 'Taiwan independence.'" AdvertisementLai has pledged to maintain status quo and stability in Taiwan, but China isn't backing down on its stance either. "I think China hates him, really hates him," Wu Xinbo, an international relations professor at Shanghai's Fudan University, told Reuters, referring to Lai. "It is because if he is elected as the leader of Taiwan, he may come to advance his goal of Taiwan independence, which will provoke a crisis across the Taiwan Strait," added Wu.
Persons: William Lai Ching, Taiwan's, Lai, , Wiliam Lai Ching, Lai Ching, Xi Jinping, Wu Xinbo, Wu, Wang Yi, Jeremy Mark, William Lai, Chong Ja Ian, Chong, Tsai Ing Organizations: Democratic Progressive Party, Service, China's Taiwan Affairs Office, Chinese Communist Party, Shanghai's Fudan University, Reuters, Analysts, Lai's, Atlantic Council, Eurasia Group, KMT, National University of Singapore, Carnegie China, Channel News Asia Locations: China, Beijing, Taiwan, South America, Taiwan Strait, Taiwan's
By the day's end of the day, scores of supporters of the rulers of Iran were dead, and hundreds were injured in a twin suicide bombing. AdvertisementHe was considered a hero, she said, by many in Iran for driving ISIS out of Iraq and helping to defeat them in Syria. Stringer/Anadolu via Getty ImagesIt was the latest in a string of attacks by the ISIS affiliate that has been targeting Iran for five years. The Iranian intelligence ministry sought to blame its old enemy Israel for the atrocity and said one of the bombers had Israeli citizenship, the Times of Israel reported. AdvertisementThey will continue to attempt attacks against Iran "no matter what," Washington Institute for Near East Policy expert, Aaron Zelin, told the VoA.
Persons: Qassem, , Qassem Soleimani, Kerman, Barbara Slavin, Soleimani, Stringer, Khomeini's, Abdollah Tajiki, Slavin, It's, it's, White, John Kirby, Ayatollah Ali Khamenei, Saudi King Salman, Prophet Mohammed, Salvin, Donald Trump, Aaron Zelin Organizations: Sunni, Service, Revolutionary, Reuters, The Stimson Center, Iran Initiative, Asia Center, ISIS, Anadolu, Getty, Iranian, Ministry of Intelligence, Revolutionary Guard, Saudi, US, UK, Red, Quds Force, The Stimson, Washington Institute for Near East, VoA Locations: Kerman, Iran, Iraq, Syria, Afghanistan, Asia, Kerman City, Tehran, Tajik, Israel, Saudi Arabia, Hormuz, Soleimani, Iranian, Fars, Republic, Yemen, Iran's, United States, al Qaeda, American
That pushed Taiwan’s trade surplus with China to an enormous $80.5 billion in 2023. For Taiwan, China has been its favorite investment stop for decades. China imports electronic components or precision machine tools from Taiwan, assembles them and exports the finished products to global markets. China may respond to a DPP victory by putting military and economic pressure on the island, Vest said. In 2022, China retaliated after Pelosi’s visit by banning imports of a range of food products from Taiwan.
Persons: Xi Jinping, Lai Ching, Lai, , Charlie Vest, Nancy Pelosi’s, Tsai Ing, Kevin McCarthy, they’re, ” Vest, Mike Kai Chen, Vest, there’s Organizations: Hong Kong CNN, Communist Party, Democratic Progressive Party, US, Taiwan’s Ministry of Economic Affairs, Imports, Hsinchu Science, Bloomberg, Getty, Capital Economics, Taiwan Semiconductor Manufacturing Company, Apple, Foxconn, Analysts, Atlantic Locations: China, Hong Kong, Taiwan, Beijing, Taiwan Strait, California, United States, Europe, Japan, South Korea, “ Taiwan, Hsinchu, Hsinchu Science Park
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The first day of strikes began on Friday, hitting 28 locations and striking more than 60 targets. AdvertisementThe Houthis' military spokesman, Brig. Gen. Yahya Saree said in a recorded address that the US strikes would "not go unanswered or unpunished." It remained unclear how extensive the damage was from Friday's strikes, though the Houthis said at least five sites, including airfields, had been attacked.
Persons: , Joe Biden, Yemen's Houthis, Biden, Mick Ryan, Ryan, Lloyd Austin, Douglas Sims, Yahya Saree, Hussein Organizations: Service, Associated Press, Business, AP, US, Hamas, Atlantic Council, US Navy, Britain, White, Pentagon, Joint Chiefs of Staff, Foreign Ministry Locations: Yemen, Red, Sanaa, Palestinian, Israel, Aden, Gaza, Emmaus , Pennsylvania, Gen, America, Britain
The world was watching to see not only who won the election, but how democratic Taiwan’s authoritarian neighbor will respond. China’s ruling Communist Party views Taiwan as part of its territory, despite having never controlled it. In an initial response, Chen Binhua, spokesperson for China’s Taiwan Affairs Office said Taiwan’s presidential election result “will not change the basic layout and course of development in cross-strait relations.”“Taiwan is China’s Taiwan,” he said. Taiwan's Vice President and presidential candidate of the ruling Democratic Progressive Party (DPP) Lai Ching-te speaks during a campaign rally in Keelung on January 8, 2024. In August 2022, China staged massive war games around Taiwan to show its displeasure with then-US House Speaker Nancy Pelosi’s visit to Taipei.
Persons: Lai Ching, Xi, China’s, ” Xi, , Amanda Hsiao, ” Hsiao, Lai, Chen Binhua, Hwa Cheng, , Wen, doesn’t, Hsiao, Nancy Pelosi’s, Lai’s, Yuan Organizations: CNN, Democratic Progressive Party, DPP, Party, Taiwan, Communist, International Crisis, Taiwan Affairs Office, Getty, China’s Taiwan Affairs, Atlantic, US Locations: China, Beijing, Taiwan, Taipei, United States, Japan, Keelung, AFP, ” Beijing, , South, Washington
Opinion: A turning point in Ukraine
  + stars: | 2024-01-09 | by ( Opinion Michael Bociurkiw | ) edition.cnn.com   time to read: +9 min
Last year, Ukraine passed legislation shifting its Christmas celebrations in line with many Western dates – a step to further distance itself from traditions commonly observed in Russia. As 2023 drew to a close, Russia launched the biggest air attack on Ukraine since the beginning of its full-scale invasion. The intensity and frequency of the attacks — on the back of reports that the Ukrainian counteroffensive is stalling and that western backers of Ukraine are holding back billions in funding — marks a major turning point in the war. While it’s impossible to put an exact number on Ukrainian war losses, anyone who visits the military portion of the Lychakiv Cemetary in Lviv can see that its expanded to almost maximum capacity. Ukraine scored a big win last week when the EU approved sanctions against Russia’s largest diamond producer, Alrosa, and its CEO.
Persons: Michael Bociurkiw, Odesa, Odesa CNN —, , Oleksandr Gimanov, Olha, Radkevych, Anatolii Stepanov, Volodymyr Zelensky, who’ve, Armed Forces Valeriy, who’s, Zelensky, Vladimir Putin, Le Cosmopolite, , won’t, Putin, Kira Rudik, Organizations: Atlantic Council, Organization for Security, Cooperation, CNN, Odesa CNN, OSCE, Getty, Armed Forces, expats, , European Union, Ukraine, Russia’s, EU, Holos Party Locations: Europe, Ukrainian, Odesa, Ukraine, Russia, AFP, Israel, United States, Russian, North Korea, Iran, Lviv, Kyiv, Belgium
The United States will work with other governments to speed up efforts to make nuclear fusion a new source of carbon-free energy, U.S. Kerry spoke at the Atlantic Council Global Energy Forum. In southern France, 35 nations are collaborating on an experimental machine to harness fusion energy, the International Thermonuclear Experimental Reactor, to prove the feasibility of fusion as a large-scale, carbon-free source of energy. The global nuclear industry launched an initiative at COP28 for nations to pledge to triple this kind of nuclear energy by 2050. Commonwealth Fusion was founded in 2018 by researchers and students from the Massachusetts Institute of Technology Plasma Science and Fusion Center.
Persons: John Kerry, ” Kerry, Kerry, Andrew Holland, Dennis Whyte, Whyte, Edwin Lyman, Lyman, Bob Mumgaard, Mumgaard, it's Organizations: Climate, Atlantic Council Global Energy Forum, United Kingdom, United States, International, Reactor, Fusion Industry Association, Dubai, Commonwealth Fusion Systems, United, United Arab Emirates, Fusion, Lawrence Livermore National Laboratory, Commonwealth Fusion, Massachusetts Institute of Technology Plasma Science, MIT, Commonwealth, Plasma Science, Fusion Center, Union of, Scientists, Washington, ARC, SPARC, AP Locations: States, U.S, Dubai, U.N, United States, France, Japan, Europe, China, Russia, Devens , Massachusetts, COP28, United Arab, Commonwealth, California
The area in question, the densely forested Essequibo region, amounts to about two-thirds of Guyana’s national territory and is roughly the size of Florida. The recent discovery of vast offshore oil fields in the region has heightened the stakes of the dispute. Venezuelans in Caracas take part in a rally during the closing of the campaign for the Essequibo referendum, on December 1. It owns the congress of Guyana,” Maduro told supporters last week. Matias Delacroix/APOn Wednesday, Brazil announced that it was increasing its military presence with “defensive actions” along its northern border with Venezuela and Guyana.
Persons: Nicolas Maduro, Miguel Gutierrez, Shutterstock, Robert Persaud, Venezuela doesn’t, Matias Delacroix, ” Maduro, Maria Corina Machado, Maduro, , Phil Gunson, Irfaan Ali, Paul J, Angelo, Wazim Mowla, Adrienne Arsht, Vladmir Putin’s, Bharrat Jagdeo, , ” Jagdeo, ” Gunson Organizations: CNN, Quarterly, Court of Justice, UN, International Court of Justice, ExxonMobil, AP, International Crisis, Venezuelan, Foreign Relations, Caribbean Initiative, Atlantic, America, Crisis Locations: Guyana, Essequibo, Florida, Venezuela, British, Venezuelan, Caracas, Ukraine, Guyanese, The Hague, Guyana's, Paris, Guiana, Georgetown, AP Venezuela, , Demerara, Brazil, Crimea, that’s
IMF, World Bank and BIS in first 'tokenisation' collaboration
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +2 min
Cecilia Skingsley attends a session on central bank digital currencies at the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 14, 2022. REUTERS/Elizabeth Frantz/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - Three of the world's cornerstone institutions - the International Monetary Fund, the World Bank and the Bank for International Settlements - are to work together for the first time to "tokenise" some of the financial instruments that underpin their global work, a BIS official said on Tuesday. The trio will also work with Switzerland's central bank which has been pioneering tokenisation, the process of turning conventional assets into uniquely coded "tokens" that can be used in faster new systems. Their collaboration will initially focus on simple but still paper-based processes such as when richer countries donate into some of the World Bank's funds to support poorer parts of the world. She also touched on the new breed of central bank digital currencies (CBDCs), repeating calls for some global rules and technology standards so they can work across the world and with existing payment systems.
Persons: Cecilia Skingsley, Elizabeth Frantz, Skingsley, Marc Jones, Matthew Lewis Organizations: International Monetary Fund, World Bank, REUTERS, Bank for International, BIS, Atlantic Council, Thomson Locations: Washington , U.S, Washington, London
BARCELONA, SPAIN - MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images)SINGAPORE — There isn't enough justification for the widespread use of central bank digital currencies right now, which makes broad adoption of such assets "difficult," Ashok Venkateswaran, Mastercard 's blockchain and digital assets lead for Asia-Pacific, told CNBC. A retail CBDC, which is the digital form of fiat currency issued by a central bank, caters to individuals and businesses, facilitating everyday transactions. This is different from a wholesale CBDC which is used exclusively by central banks, commercial banks and other financial institutions to settle large-value interbank transactions. But a lot of the central banks nowadays have gotten very innovative because they are working very closely with private companies like ours, to create that ecosystem," said the Asia-Pacific lead.
Persons: Joan Cros Garcia, Corbis, Ashok Venkateswaran, Venkateswaran, Kong's Organizations: MasterCard, Mobile, Congress, Getty Images, Mastercard, CNBC, Singapore FinTech, Monetary Fund, Atlantic Council, Hong Locations: BARCELONA, SPAIN, Barcelona, Spain, SINGAPORE, Asia, Pacific, Singapore, U.S, Hong Kong
Israeli Prime Minister Benjamin Netanyahu said at the weekend that the PA in its current form should not take charge of Gaza. In the wake of Netanyahu's comments, Israeli officials have insisted that Israel does not intend to occupy the Gaza Strip. Dahlan has the backing of the influential United Arab Emirates to lead a post-war administration in Gaza, according to diplomats and Arab officials. So far, the U.S. and its allies have not seen any clear roadmap from Israel for its exit strategy from Gaza beyond the declared aim of eradicating Hamas, diplomats say. Not since the U.S. invasion of Iraq in 2003 has there been such widespread concern about military action raging across the Middle East, according to Arab officials and diplomats.
Persons: Israel tightens, Gaza's, Mahmoud Abbas, Fatah, Benjamin Netanyahu, Mohammed Dahlan, Israel, Dahlan, Joe Biden, Netanyahu, Gaza –, , Abu Mohammad, We're, Biden, Jonathan Panikoff, government's, Biden's, Antony Blinken, Blinken, Abbas –, Abbas, Mohammad Shtayyeh, Abu Dhabi, Marwan Barghouti, Washington, Joost R, John Kirby, Nidal al, Humeyra Pamuk, Matt Spetalnick, Andrew Mills, James Mackenzie, Crispian Balmer, John Irish, Aidan Lewis, Alexander Cornwell, Samia Nakhoul, Daniel Flynn Organizations: Palestinian, Hamas, Israel Defense Forces, REUTERS, Authority, Palestinian Authority, West Bank, United, Israel, U.S, policymaking, Reuters, Atlantic Council, Gaza, Western, Israel ., UAE, North Africa, Crisis, House, Thomson Locations: Gaza, Israel, Gaza Israel, Iraq, Afghanistan, Palestinian, U.S, United States, Washington, Hamas, Abu Dhabi, United Arab Emirates, America, Egypt, Jordan, UAE, Saudi Arabia, Qatar, Tokyo, Oslo, European, technocrats, United Nations, Middle East, Iran, GAZA, Doha, Jerusalem, Paris, Cairo, Dubai
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