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STOCKHOLM (AP) — Many Western arms companies failed to ramp up production in 2022 despite a strong increase in demand for weapons and military equipment, a watchdog group said Monday, adding that labor shortages, soaring costs and supply chain disruptions had been exacerbated by Russia’s invasion of Ukraine. “Many arms companies faced obstacles in adjusting to production for high-intensity warfare,” said Lucie Béraud-Sudreau, director of the independent institute's Military Expenditure and Arms Production Program. SIPRI said the revenues of the 42 U.S. companies on the list — accounting for 51% of total arms sales — fell by 7.9% to $302 billion in 2022. Of those, 32 recorded a fall in year-on-year arms revenue, most of them citing ongoing supply chain issues and labor shortages stemming from the COVID-19 pandemic. ”However, despite the year-on-year drop, the total Top 100 arms revenue was still 14% higher in 2022 than in 2015 — the first year for which SIPRI included Chinese companies in its ranking.
Persons: , Lucie Béraud, SIPRI, Nan Tian, Lockheed Martin, ” SIPRI, Sudreau Organizations: STOCKHOLM, Stockholm International Peace Research Institute, Lockheed, Raytheon Technologies, ” Companies Locations: Ukraine, Stockholm, U.S, Asia, Israel, South Korea
"The rising geopolitical threats in APAC has been a driver of military spending for the Western nations. In addition, APAC countries have become more important for their own military expenditures, which present some opportunities for Western defense contractors through either exports or partnerships," they added. Quoting research from the Stockholm International Peace Research Institute , Bernstein said that global defense spending reached a record high of $2.2 trillion last year. Why is defense spending on the rise? For instance, South Korea's defense spending is high given its longstanding tensions with neighbor North Korea.
Persons: AllianceBernstein, Bernstein, Northrop Grumman, CNBC's Michael Bloom Organizations: Asia, Stockholm International Peace Research Institute, Boeing Co, Dassault Aviation, U.S Locations: Asia, Pacific, U.S, APAC, Stockholm, China, North Korea, North America, Europe, Russia, Japan, Australia, United Kingdom, India, Pakistan, Soviet, Vietnam, Philippines, Taiwan, Malaysia, Brunei
Private jets are seen on the tarmac at Friedman Memorial Airport ahead of the Allen & Company Sun Valley Conference, July 5, 2022 in Sun Valley, Idaho. The world's richest 1% of people are responsible for around the same percentage of global carbon emissions as the 5 billion people who represent the 66% poorest, according to a report published Monday by Oxfam. The charity's analysis, conducted with the Stockholm Environment Institute, found both groups contributed to 16% of emissions in 2019. The wealthiest 10% were responsible for 50% of global emissions, it found, while the bottom 50% were responsible for just 8%. Within the top 1%, the report links one-third of the carbon emissions to personal consumption in the U.S., followed by China and the Gulf countries.
Organizations: Friedman, Allen & Company Sun Valley Conference, Oxfam, Stockholm Environment Institute, SEI Locations: Sun Valley , Idaho, Stockholm, U.S, China
UKRAINE DIVERSIONReuters spoke to around a half dozen Czech and Polish defence companies and government officials who described renewed efforts to carve out a bigger share of the African arms market as the Ukraine conflict diverts Russia's attention. Privately-held defence and civil manufacturing company Czechoslovak Group - the biggest Czech defence company - said its ability to maintain and modernize armoured vehicles using Soviet-era standards has helped it win business in Africa. ...in Poland where our stand was visited by numerous delegations from African countries that appeared here for the first time," WB Group spokesman Remigiusz Wilk said. The effort to supply Ukraine has pushed Czech companies to boost production and expand supply lines, something Czech-based independent defence analyst Lukas Visingr said has burnished the region's reputation. "The Czech arms industry is stepping up its efforts towards certain African countries still using Soviet-style equipment but who start to see Russia as a problematic supplier," Visingr said.
Persons: David W Cerny, Jiri Hynek, Filip Kulstrunk, Andrej Cirtek, Pieter Wezeman, Sebastian Chwalek, , Remigiusz Wilk, Petr Fiala, Tomas Pojar, Tomas Kopecny, Kopecny, Lukas Visingr, Visingr, Michael Kahn, Anna Koper, Alex Richardson Organizations: Aero Vodochody, REUTERS, Western, Central, Russia Czech, Defence, Western NATO, Warsaw, Defence and Security Industry Association of, Reuters, Aero, Privately, Czechoslovak Group, CSG, Stockholm International Peace Research Institute, WB Group, WB, Ivory, Thomson Locations: Odolena Voda, Czech Republic, Russia, Africa, PRAGUE, WARSAW, European, Western, Czechoslovakia, Czech, UKRAINE, Polish, Ukraine, Stockholm, China, Saharan Africa, Poland's, Poland, Ethiopia, Kenya, Ghana, Prague, Mozambique
The discussions at the Dubai International Air Chiefs’ Conference, held ahead of the biennial Dubai Air Show this week, shows the delicate balancing act the federation of seven sheikhdoms faces. The UAE maintains diplomatic ties with Israel despite widespread and growing anger in the Arab world over the civilian casualties from Israel's offensive in the Gaza Strip against Hamas. The Air Chiefs' Conference demonstrates how those ties continue, particularly as Rafael Advanced Defense Systems Ltd., an Israeli defense manufacturer, was a sponsor of the summit. Sunday's summit drew attendees from across the world, though it did not appear there were any Israeli military officials on hand. While staying away from discussing the Israel-Hamas war, U.S. Air Force Brig.
Persons: Israel, Rafael, David A, we're, ” Mineau, , Mineau, , Luca Goretti, Goretti Organizations: United Arab Emirates, Sunday, United, Dubai International Air Chiefs ’ Conference, Dubai Air, Hamas, The Air Chiefs, Conference, Rafael Advanced Defense Systems Ltd, Dubai Air Show, Israel Aerospace Industries, IAI, Health Ministry, Stockholm International Peace Research Institute, Houthi, U.S . Air Force, America, American military's, Command, Italian Air Force Locations: DUBAI, United Arab, United Arab Emirates, UAE, Israel, Gaza, West, Saudi Arabia, Iran, India, Stockholm, Qatar, Saudi, Abu Dhabi, Tehran, Sunday's, Western, China, U.S, NATO, Ukraine
And over the past decade, governments and businesses have made progress in weaning themselves from fossil fuels by ramping up wind and solar power, for example, and investing in electric vehicle infrastructure. Yet the report issued on Wednesday, led by researchers at the Stockholm Environment Institute, found that nations of the world plan to keep increasing coal production until 2030, and oil and gas production decades beyond that. The world was also set to overshoot, by 69 percent, the amount of fossil fuels consistent with limiting warming to 2 degrees Celsius. Beyond those thresholds, the world faces the danger of irreversible and catastrophic damage from climate change, scientists say. The authors partly credited nations’ nascent efforts to rein in their emissions under the 2015 Paris Agreement, and the rapid growth in clean energy.
Organizations: Stockholm Environment Institute Locations: Stockholm, Paris
Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top of its corporate structure, in a symbolic move that paves the path for an eventual listing. A Klarna spokesperson confirmed to CNBC that the Stockholm-based business, which lets shoppers defer payments over a period of instalments, has begun a legal entity restructuring to set up the holding company. "Klarna Holding will continue to be the regulated financial holding company under the direct supervision of the SFSA and we will continue to hold a Swedish banking license." It differs from these competitors in its flexible payment plans, known as buy now, pay later. WATCH: Klarna's buy now pay later losses are 30% below industry standard, says CEO Sebastian Siemiatkowski
Persons: Klarna, hasn't, Sebastian Siemiatkowski Organizations: CNBC, Heartland, PayPal, Sequoia Locations: Stockholm, Sequoia, Swedish, Silver, Britain, Sweden
Stakes are high for the four-day visit, which begins on Saturday and will see Albanese meet with Chinese leader Xi Jinping and Premier Li Qiang and make stops in Beijing and Shanghai. Albanese’s trip also carries symbolic overtones, marking 50 years since the first official visit by an Australian leader to Communist China after the two countries established ties. James Bugg/Bloomberg/Getty ImagesUS relations loomAlbanese is heading to Beijing less than two weeks after he met with US President Joe Biden in Washington. As he aims to repair ties with China, Albanese will need to walk a line between these interests and China’s suspicions about the aims of these blocs, analysts say. “Beijing came to learn that the weaponization of trade did not force a close US ally to back down,” said Collinson.
Persons: Hong Kong CNN —, Anthony Albanese, Albanese, Xi Jinping, Li Qiang, Scott Morrison’s, Jingdong Yuan, , Cheng Lei, Yang Hengjun, Yang, ” Albanese, Elena Collinson, teeters, ” Collinson, James Bugg, Joe Biden, “ Albanese, Yuan, Xi, Biden, Collinson, Organizations: Hong Kong CNN, China’s Foreign Ministry, University of Sydney, Reuters, Huawei, Albanese’s Labor, Canberra, Albanese’s, University of Technology Sydney’s, China Relations Institute, Trans, Pacific, Bloomberg, Getty, Albanese, China, China - Asia Security, Stockholm International Peace Research Institute, Economic Cooperation, Australia Locations: Hong Kong, China, Beijing, Shanghai, Australia, Washington, Seoul, Communist China, Asia, Pacific, Darwin, Pacific Islands, South, University of Technology Sydney’s Australia, Europe, Yarra, Victoria, South China, United Kingdom, Japan, India, Sydney, Stockholm, San Fransisco
Developing nations will need between $215 billion and $387 billion annually this decade to protect against climate shocks, such as worsening storms, crop failures and loss of access to water, the report found. That’s as much as 18 times greater than the total amount that wealthy countries committed for climate adaptation in 2021. The new data comes weeks before the start of a major United Nations climate summit in Dubai, where aid to developing countries will be a top agenda item. At a similar summit two years ago in Glasgow, countries agreed to double their climate adaptation funding by 2025, compared with 2019 levels. Even if nations make good on that pledge, the report said, it would provide just a small share of the additional money needed.
Persons: , Georgia Savvidou, Paul Watkiss Organizations: Stockholm Environment Institute, United Nations Locations: United Nations, Dubai, Glasgow, Georgia, Stockholm
STOCKHOLM (Reuters) - Half of the world's countries are suffering democratic decline, ranging from flawed elections to curtailed rights including freedoms of expression and assembly, an intergovernmental watchdog group said on Thursday. "In short, democracy is still in trouble, stagnant at best, and declining in many places," IDEA Secretary-General Kevin Casas-Zamora said in the report. IDEA bases its Global State of Democracy Indices on more than 100 variables and is using four main categories - Representation, Rights, Rule of Law and Participation - to categorise performance. It also said Azerbaijan, Belarus, Russia and Turkey had drifted away from the rest of Europe, performing well below the European average across most indicators of democracy. However, the think-tank said there were some green shoots, with surprisingly high rates of political participation and decreasing levels of corruption, especially in Africa.
Persons: Kevin Casas, Zamora, Johan Ahlander, Mark Heinrich Organizations: Institute for Democracy, Electoral, IDEA, Global State, Democracy, Law Locations: STOCKHOLM, Stockholm, Ukraine, Europe, Austria, Hungary, Luxembourg, Netherlands, Poland, Portugal, United Kingdom, Azerbaijan, Belarus, Russia, Turkey, Americas, El Salvador, Guatemala, Africa
Paris CNN —The Moomin characters may be internationally famous, but a new exhibition in Paris shows a lesser-known side to the Finnish artist who created them. The show takes an intimate look into the life of Tove Jansson, both as a prolific artist and an advocate for female independence. Courtesy The Community and Moomin Characters Ltd. Using illustrations, cartoons, photography, music, writings and letters, the exhibition shows Jansson as a multifaceted character who could — and did — make art out of almost anything. Tove Jansson's Moomin character "Little My" paper doll.
Persons: Tove Jansson, , Sini, ” Tove Jansson's, Jansson, , Thomas Zambra, , Signe Hammarsten, Viktor Jansson, Tove Jansson’s, Tove Jansson's, Summers, Hitler, Stalin, “ Garm, Lewis Carroll’s, Alice, Tuulikki Pietilä, Tuukka Laurila, Pietilä, Zambra, Tove Jansson ”, Louis Organizations: Paris CNN, CNN, des Beaux Arts, Nature, Espace Mont Locations: Paris, Finnish, Kanto, Tuukka, Stockholm, Scandinavia, Finland, , Helsinki, Wonderland, Espace
The lower house, the State Duma, on Wednesday passed the second and third readings of a bill that revokes Russia's ratification of the Comprehensive Nuclear Test Ban Treaty. What is happening in the world today is the exclusive fault of the United States," parliament speaker Vyacheslav Volodin said. Defence Minister Sergei Shoigu visited Russia's testing ground in the remote northern archipelago of Novaya Zemlya in August. CNN published satellite images last month showing Russia, the United States and China have all built new facilities at their nuclear test sites in recent years. The Soviet Union last tested in 1990 and the United States in 1992.
Persons: Vladimir Putin, Putin, Vyacheslav Volodin, Volodin, Sergei Shoigu, Melissa Parke, Mark Trevelyan, Nick Macfie Organizations: States Arms, West, State Duma, Comprehensive, Washington, Defence, CNN, Stockholm International Peace Research Institute, International, Nuclear, Soviet Union, Thomson Locations: Russia, Moscow, United States, Russian, Ukraine, China, India, Pakistan, Korea, Washington, Novaya Zemlya, Stockholm, USA, Soviet Russia
Oil prices jumped 4% on Monday before shrugging off those gains in subsequent sessions, and gold prices have inched higher by a little over 1% since the attack. "Global markets have yet to fully price the inflation risks from developments — from higher oil prices and more defense spending," Savage cautioned. That would cause the premium [of oil prices] to go higher," said Rapidan Energy Group's President Bob McNally. This could spike oil prices well north of $150 per barrel," Alpine Macro said in a note following the incursion. One analyst is of the view that even if the conflict prolongs, its implications on global markets is still largely contained.
Persons: Sameh, BNY Mellon, shrugging, BNY, Bob Savage, Savage, Amir Cohen, Bob McNally, McNally, Antony Blinken, Marko Papic, Mahmud Hams Organizations: Nurphoto, Hamas, U.S ., Swiss, BNY, Stockholm International Peace Research Institute, Reuters, Energy, United Nations, U.S, ., NBC News, Palestinian Health Ministry, Clocktower Group, CNBC, Brigades, Afp, Getty Locations: Gaza City, Israel, Palestinian, Gaza, Ukraine, Stockholm, U.S, Ashkelon, Iran, United States, Persian, Mahmud
Taiwan Sets up Task Force to Study Israel-Hamas War
  + stars: | 2023-10-11 | by ( Oct. | At P.M. | ) www.usnews.com   time to read: +3 min
Chiu, asked by reporters at parliament about what lessons Taiwan has learned from Israel's conflict with Palestinian Hamas militants, said the ministry had set up a task force to monitor the situation. Taiwan holds presidential and parliamentary elections in January, which the main opposition party, the Kuomintang (KMT), has cast as a choice between war and peace. The KMT has accused the ruling Democratic Progressive Party (DPP) of taking Taiwan to the brink of war by intentionally provoking China, which it strongly denies. Senior DPP lawmaker Wang Ting-yu, responding on his Facebook page, criticised the KMT for not condemning China and its threats against Taiwan. Israel is an even smaller nation than Taiwan and likewise lives under constant threat," he told an audience that included Taiwan Foreign Minister Joseph Wu.
Persons: Yimou Lee, Ben Blanchard, Chiu Kuo, cheng, heightening, Chiu, Tsai Ing, Eric Chu, Chu, Wang Ting, Wang, Tsai, Scott Morrison, Joseph Wu, Gerry Doyle Organizations: Defence, Taiwan, Kuomintang, KMT, Democratic Progressive Party, Sunday, Beijing, Taiwan Foreign, Stockholm International Peace Research Institute Locations: Ben Blanchard TAIPEI, Taiwan, Israel, China, Beijing, Hamas, Palestinian, Australian, Taipei, Stockholm
SummaryCompanies Women's rights campaigner serving 12 years' jailPrize likely to anger Iranian governmentNorwegian Nobel committee lauds Iranian protestersIranian news agency notes 'prize from westerners'OSLO, Oct 6 (Reuters) - Iran's imprisoned women's rights advocate Narges Mohammadi won the Nobel Peace Prize on Friday in a rebuke to Tehran's theocratic leaders and boost for anti-government protesters. "We want to give the prize to encourage Narges Mohammadi and the hundreds of thousands of people who have been crying for exactly 'Woman, Life, Freedom' in Iran," she added, referring to the protest movement's main slogan. She is the deputy head of the Defenders of Human Rights Center, a non-governmental organisation led by Shirin Ebadi, the 2003 Nobel Peace Prize laureate. [1/5]Iranian human rights activist and the vice president of the Defenders of Human Rights Center (DHRC) Narges Mohammadi poses in this undated handout picture. Among a stream of tributes from major global bodies, the U.N. human rights office said the Nobel award highlighted the bravery of Iranian women.
Persons: Narges Mohammadi, Berit Reiss, Andersen, Narges, Fars, Mohammadi, Shirin Ebadi, Maria Ressa, Russia's Dmitry Muratov, embolden Narges, Taghi Rahmani, Alfred Nobel, Martin Luther King, Nelson Mandela, Mohammadi's, Mahsa, We've, Elizabeth Throssell, They've, Hamidreza Mohammed, Dan Smith, Gwladys Fouche, Nerijus Adomaitis, Terje Solsvik, Tom Little, John Davison, Anthony Paone, Charlotte Van Campenhout, Gabrielle Tetrault, Farber, Cecile Mantovani, Andrew Cawthorne, William Maclean Organizations: Norwegian Nobel, Reuters, Defenders, of Human Rights, Philippines, REUTERS, New York Times, NRK, Stockholm International Peace Research Institute, Thomson Locations: Norwegian, OSLO, Iran, Tehran, Evin, Paris, Oslo, Iranian, Stockholm, Parisa, Dubai, Baghdad, Brussels, Geneva
Smoke from Canadian wildfires casts a haze over New York on June 7. Eduardo Munoz Alvarez/Getty ImagesWhile the Nobel Peace Prize will be announced today, recipients do not receive their prizes until an official ceremony in December. By this time, the world will be going through an “El Niño” winter -- when ocean temperatures are warmer than normal for an extended period. For Dan Smith, director of the Stockholm International Peace Research Institute, El Niño is set to round off a year in which the climate disaster has become clear to all. The hottest temperatures ever in this place, that place and the other… And as yet El Niño hasn’t kicked in.”
Persons: Eduardo Munoz Alvarez, Dan Smith, El Niño, , El Niño hasn’t Organizations: Stockholm International Peace Research Institute, CNN Locations: New York, Stockholm, El, China, Pakistan, Canada, Mexico
[1/2] A view of Indonesian Special Air Force personnel in action during a ceremony to mark the Indonesian Air Force's 77th Anniversary at the Halim Perdanakusuma airbase in Jakarta, Indonesia, April 9, 2023. REUTERS/Willy Kurniawan/File Photo Acquire Licensing RightsJAKARTA, Oct 5 (Reuters) - Indonesian President Joko Widodo on Thursday emphasised the importance of military hardware modernisation but warned any spending should be done wisely as the state budget was limited. The archipelago nation of 270 million people, Southeast Asia's biggest economy, is seeking to modernise its military but has lagged its regional peers in recent years. "Spending for military hardware must be done wisely, in terms of the amount or allocation," Jokowi, as the president is known, said during an armed forces parade. Jokowi in July also warned his cabinet to maintain a "healthy" budget as he highlighted outsised spending by the security agencies, including the defence ministry.
Persons: Willy Kurniawan, Joko Widodo, Prabowo Subianto, Ananda Teresia, Martin Petty Organizations: Indonesian Special Air Force, Indonesian Air Force's, REUTERS, Rights, Defence, Dassault Rafale, Turkish Aerospace, Stockholm International Peace Research Institute Locations: Halim, Jakarta, Indonesia, Rights JAKARTA, Southeast, Stockholm
COPENHAGEN, Oct 4 (Reuters) - SAS shares slumped by as much as 95% on Wednesday after the airline announced a financial restructuring on Tuesday to prevent bankruptcy, bringing on board big new investors and wiping out the stakes of its more than 250,000 owners. SAS (SAS.ST) said U.S. investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders alongside the Danish state, and that the airline's stock will be delisted from the Stockholm, Copenhagen and Oslo exchanges. Scandinavian Airlines (SAS) flights are seen listed at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. Shares in SAS, which have tumbled in recent years, traded down 83% at 1144 GMT to 0.05 Swedish crowns ($0.0045). "Management itself has come out to say there was a risk that the shares will become worthless.
Persons: Andrew Kelly, Lind, Jacob Pedersen, Pedersen, Louise Breusch Rasmussen, Anna Ringstrom, Terje Solsvik, Alexander Smith Organizations: SAS, Air France, KLM, France, Scandinavian Airlines, Copenhagen, REUTERS, Lind Invest, Thomson Locations: COPENHAGEN, United States, Danish, Stockholm, Copenhagen, Oslo, Amsterdam, Paris, Denmark
Israeli ‘realpolitik’Young ethnic Armenians from Nagorno-Karabakh in the town of Goris during evacuations to Armenia on October 1. Hayk Baghdasaryan/Photolure/AP Ethnic Armenians from Nagorno-Karabakh drive to Goris on September 28. Vahan Stepanyan/PAN Photo/AP Volunteers distribute food to ethnic Armenians arriving in Goris from Nagorno-Karabakh on September 28. Alain Jocard/AFP/Getty Images Ethnic Armenians from Nagorno-Karabakh line up to receive humanitarian aid at a temporary camp in Goris on September 26. Wezeman, the researcher at SIPRI, said Israel could come under pressure from its Western allies to reconsider arms sales to Azerbaijan.
Persons: CNN —, Marut Vanyan, “ I’m, , , Vanyan, Leonid Nersisyan, Rishon Le, Jack Guez, , Pieter Wezeman, ” Wezeman, Emmanuel Dunand, Efraim Inbar, ” Inbar, Israel ’, Inbar, LORA, ” Hikmet Ajiyev, Ilham Aliyev, realpolitik, Diego Herrera Carcedo, Sergey Astsetryan, Aziz Karimov, Hayk, Vahan Stepanyan, Vasily Krestyaninov, Alain Jocard, Anatoly Matlsev, David Harapetyan, Irakli Gedenidze, Reuters Greta, Anthony Pizzoferrato, Samantha Power, Power, Astrig Agopian, Novlet, David Ghahramanyan, Israel Organizations: CNN, Azerbaijan, Applied Policy Research Institute, Israel Aerospace Industries, IAI, Autonomous Robotics, Getty, Haaretz, Artsakh Defense Army –, Stockholm International Peace Research Institute, Azerbaijani Ministry of Defense, Israeli Ministry of Defense, Ovda Airport, Israel, Jerusalem Institute for Strategy, , APRI, Artsakh Defense Army, Reuters, AP, Erebuni, PAN, AP Volunteers, Karabakh, Technologies, US Agency for International Development, Volunteers, Vehicles, Red Cross, People, Armenian Ministry of Foreign Affairs, European Union Locations: Nagorno, Karabakh, Stepanakert, Karabakh’s, Azerbaijan, Armenia, Rishon, Tel Aviv, AFP, Israel’s, Artsakh, Israel, Stockholm, Baku, Lachin, Iran, Iranian, Jerusalem, Ottoman, Turkey, Ottoman Empire, APRI Armenia, Syunik, Nakhchivan, Republic of Armenia, Goris, Yerevan, Kornidzor, Russia, United States
CNN —The Nobel Peace Prize will be awarded in Norway on Friday, as Russia’s brutal invasion of Ukraine rages on and other flashpoints threaten to ignite across the globe. But the peace prize can serve as a beacon of hope in fraught and fractured times. “I think it’s precisely in a situation like this that the peace prize becomes particularly important. But Nobel specialists have been quick to dismiss such speculation, saying it is rare for the peace award to go to a wartime leader. “It would be like saying in 1941 that (then-British Prime Minister) Winston Churchill should get the Nobel Peace Prize.
Persons: humanity’s, “ There’s, ” Dan Smith, ” Henrik Urdal, Volodymyr Zelensky, Winston Churchill, Zelensky, ” Smith, Bryan R, Smith, Urdal, , , ” Urdal, Alfred Nobel’s, Vladimir Putin, Putin, Center for Civil Liberties –, Ales Bialiatski, Dmitry Muratov, Muratov, ANDERSEN, El Niño, El Niño hasn’t, Victoria Tauli, Annie Ling, Juan Carlos Jintiach, Raoni Metuktire, Evaristo Sa, Lula da Silva Organizations: CNN, Stockholm International Peace Research Institute, Peace Research Institute, British, Getty, International Court of Justice, ICJ, Criminal Court, ICC, Ukraine – Memorial, Center for Civil Liberties, AFP, UN, New York Times, Brazilian Amazon, Brazil Locations: Norway, Ukraine, Stockholm, Peace Research Institute Oslo, Europe, SIPRI, AFP, Russia, Rome, Belarusian, Russian, Oslo, China, Pakistan, Canada, New York, Mexico, , Victoria, Ecuadorian, Brazilian, Amazonia
TT News Agency/Johan Nilsson via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 3 (Reuters) - Scandinavian airline SAS (SAS.ST) said on Tuesday that investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders in the airline alongside the Danish state following bankruptcy proceedings. Castlelake will take a stake of around 32%, Air France-KLM's will be around 20%, while the Danish state will hold about 26%, SAS said. Lind Invest, a Danish investment firm, will hold 8.6% of equity, SAS said. The company said total investments in the reorganized SAS would amount to 12.9 billion Swedish crowns ($1.16 billion). ($1 = 11.1283 Swedish crowns)Reporting by Jacob Gronholt-Pedersen and Louise Rasmussen, editing by Gwladys FoucheOur Standards: The Thomson Reuters Trust Principles.
Persons: Johan Nilsson, Castlelake, Lind, Carsten Dilling, Dilling, Jacob Gronholt, Pedersen, Louise Rasmussen, Gwladys Organizations: SAS Airbus, Kastrup, Scandinavian Airlines, TT News Agency, REUTERS, Rights, Scandinavian, SAS, Air France, KLM, Air, Lind Invest, Apollo Global Management, Thomson Locations: Kastrup, Denmark, Rights COPENHAGEN, Danish, Air France, Stockholm, United States
STOCKHOLM (AP) — A moose which was found wandering down the tracks of the Stockholm subway and causing havoc was shot dead by a wildlife ranger on Wednesday after the service on the southern part of a busy line had to be suspended. The moose somehow managed to enter the enclosure that surrounds the tracks and roamed the southwestern part of the so-called Red Line with above-ground stations. At one point, seven stations had to be closed. At most, a total of seven stations along the Red Line that goes from north to south via the city center were shut. The red line has 36 stations and opened in 1964, according to the operator.
Persons: Claes Keisu, , Keisu Organizations: STOCKHOLM Locations: Stockholm, Swedish, Varby Gard, Varby
Sept 24 (Reuters) - Swedish property group SBB (SBBb.ST) on Sunday divested 1.16% of its education subsidiary EduCo to Brookfield Super-Core Infrastructure Partners for around 242 million Swedish crowns ($21.73 million) as it looks to bolster its finances. SBB will hold approximately 49.84% of EduCo after the divestment, following which EduCo will be controlled by Brookfield. As part of the deal announced on Sunday, EduCo will repay part of its inter-company loan from SBB, resulting in the Stockholm-based company receiving approximately 7.8 billion Swedish crowns ($700.46 million) in cash. SBB's remaining loan to EduCo will be around 5.5 billion Swedish crowns. Brookfield Super-Core Infrastructure Partners is the infrastructure fund of Canada's Brookfield Asset Management(BAM.TO).
Persons: EduCo, Brookfield, Rishabh, Barbara Lewis, Sharon Singleton Organizations: SBB, Sunday, Brookfield, Core Infrastructure Partners, International Monetary Fund, Brookfield Asset Management, Community, Thomson Locations: Brookfield, Sweden, Stockholm, EduCo, Bengaluru
“Russia’s thinly veiled threats to use nuclear weapons remind the world that escalation of the conflict – by accident, intention, or miscalculation – is a terrible risk. New Construction at Russia's Novaya Zemlya nuclear test site, June 22, 2023. Lop Nur nuclear test site. “The Chinese test site is different than the Russian test site,” Lewis said. Both countries keep their strategic nuclear arsenals on “hair-trigger” alert, meaning that nuclear weapons can be launched on short notice.
Persons: Jeffrey Lewis, James Martin, , Cedric Leighton, , Vladimir Putin, ” Lewis, Lewis ’, António Guterres, ” Guterres, Dmitry Medvedev, Putin, Alexander Lukashenko, Sergei Shoigu, Lewis, we’ve, Leighton, they’d, ” Leighton, Nur, Hans Kristensen, Kristensen, Israel –, Dyess, Frederic J . Brown, Fiona Cunningham, Yang Kun, ” Daryl Kimball, Kimball, Michael Frankel, James Scouras, George Ullrich, Soviet Union –, Russia –, We’re Organizations: CNN, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, US, US Air Force, Atomic Scientists, Soviet Union, United Nations, Russia’s Security, Russian Defense Ministry, Planet Labs PBC, Middlebury, Science and Global Security, Novaya, Middlebury Institute, China Observer, China’s Foreign Ministry, Planet Labs, Nevada National Security, National Security Administration, US Department of Energy, Office, National Security Council, International Monitoring, Federation of American Scientists, Stockholm International Peace Research Institute, Missile Defense, Center for Strategic, International Studies, Columbia, Northrop Grumman's Air Force, Getty, Control Association, ACA, NGO, PLA, Nuclear, Carnegie Endowment, International, Arms Control Association, Johns Hopkins Applied Physics Laboratory, Soviet Locations: Russia, United States, China, Xinjiang, Nevada, . China, Moscow, Washington, Ukraine, Soviet, Belarus, Minsk, Novaya Zemlya, Zemlya, Soviet Union, Lop Nur, Japan, Lop, Beijing, Stockholm, United Kingdom, France, India, Pakistan, North Korea, Israel, Ellsworth, Palmdale , California, AFP, Yuli County, Mongol Autonomous Prefecture, Xinjiang Uygur Autonomous Region, Baltimore, Russian, Hiroshima
Sweden's Carl XVI Gustaf celebrates 50 years as king
  + stars: | 2023-09-15 | by ( ) www.reuters.com   time to read: +2 min
Princess Madeleine, Chris O'Neill, Prince Daniel, Sweden's Queen Silvia, Sweden's King Carl Gustaf, Prince Carl Philip, Prince Daniel and Crown Princess Victoria watch from the balcony during the changing of the guard in the outer courtyard of Stockholm Palace on the occasion of King Carl XVI Gustaf's 50th anniversary on the throne, in Acquire Licensing Rights Read moreSTOCKHOLM, Sept 15 (Reuters) - Sweden's King Carl XVI Gustaf celebrated 50 years on the throne on Friday with ceremonies throughout the capital, including gun salutes, speeches and a lavish dinner with other heads of state. Friday is the culmination of a four-day celebration and the public was invited to the Stockholm palace courtyard to congratulate the 77-year-old king, the Nordic country's longest sitting monarch. The Swedish king is the official head of state but is largely confined to ceremonial and representative duties. Carl Gustaf ascended to the throne when he was 27 years old on Sept. 15, 1973, after the death of his grandfather Gustav VI Adolf. The king, who suffers from dyslexia, was often ridiculed in the early years of his reign for misspeaking during speeches.
Persons: Madeleine, Chris O'Neill, Prince Daniel, Sweden's Queen Silvia, Sweden's King Carl Gustaf, Prince Carl Philip, Victoria, King Carl XVI Gustaf's, King Carl XVI Gustaf, Carl Gustaf, Gustav VI Adolf, misspeaking, Johan Ahlander, Tom Little, Mark Heinrich Our Organizations: Crown, Nordic, Sweden, Gothenburg University, Thomson Locations: Stockholm, STOCKHOLM, Sweden, Southeast Asia, Brunei
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