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Search resuls for: "Security Affairs"


8 mentions found


☆ The US military is planning for a 'transformative' year in Asia as tensions with China continue to rise
  + stars: | 2022-12-27 | by ( Christopher Woody | ) www.businessinsider.com   time to read: +8 min
Amid rising tensions with China, the US military has sought to bolster its presence in Asia. US forces there may see the "most transformative year" in a generation in 2023, a US official said. Major changes to the US military presence in Asia face logistical and political hurdles, however. Other countries have sought more training with the US military or, in the case of Palau, to host US forces. There are opportunities for the US "to expand its access and deepen relationships" in both Northeast and Southeast Asia, said Thompson, a former US Defense Department official, but US leaders will have to reckon with the limits of those partnerships, especially in Southeast Asia.
☆ Egypt: How the Arab world's most populous country became addicted to debt
  + stars: | 2022-12-16 | by ( Cnn Staff | ) edition.cnn.com   time to read: +12 min
The loan, along with billions of dollars in cash inflows from Abu Dhabi and Riyadh, are Band-Aids, experts say, designed to keep the Arab world’s most populous country afloat. Without proper reforms, however, Egypt may never be able to shake off its chronic financial woes and break its growing debt addiction. Billions of dollars from Abu Dhabi and Riyadh have poured into the Egyptian economy in recent years. Saudi Arabia’s Public Investment Fund (PIF) also launched the Saudi Egyptian Investment Company (SEIC) in August, a company dedicated to investments in several vital sectors of the Egyptian economy. Still, the Egyptian economy has struggled to shake off its economic woes.
☆ The G-20 summit kicks off Tuesday. Here's what to expect.
  + stars: | 2022-11-14 | by ( Jihye Lee | ) www.cnbc.com   time to read: +5 min
Indonesian Finance Minister Sri Mulyani (C front) attends the G20 Finance Ministers Meeting in Nusa Dua, on Indonesia's resort island of Bali, on July 16, 2022. Nineteen countries and one economic region, the European Union, will attend this year's two-day G-20 meeting. This year's in-person attendee list has been in the spotlight as Russian President Vladimir Putin continues his unprovoked war in Ukraine. U.S. President Joe Biden is also scheduled to hold a bilateral meeting with his Chinese counterpart Xi Jinping ahead of the G-20. He highlighted China's stance on the war in Ukraine as one of many signs of eroding relations between the U.S. and China.
☆ Israel's Netanyahu, charged with corruption, is set for a dramatic comeback in 5th election since 2019
  + stars: | 2022-11-02 | by ( Natasha Turak | ) www.cnbc.com   time to read: +2 min
Israeli Prime Minister Benjamin Netanyahu speaks at a ceremony in Jerusalem, April 13, 2021. Debbie Hill | ReutersVotes are being counted after Israelis cast their ballots in the country's fifth election since 2019. This would be a controversial and dramatic comeback for the lightning-rod politician, whom Israelis tend to either love or hate. Netanyahu is the longest-serving prime minister in Israel's history, and is currently charged with multiple counts of corruption with investigations and legal proceedings ongoing. In order to lead the government in Israel, a party has to win a majority of 61 seats — the magic number — in Parliament.
☆ Ex-ambassador says the US and its allies need to bring Hungary's authoritarian leader 'to his senses' as he and Turkey's Erdogan hold NATO's expansion hostage
  + stars: | 2022-10-13 | by ( Jake Epstein | ) www.businessinsider.com   time to read: +8 min
Hungary and Turkey are the only two states that haven't approved adding Finland and Sweden to NATO. One ex-diplomat told Insider the US and its allies need to bring Orbán "to his senses." Hungary and Turkey, however, have yet to sign off on adding new members to the alliance and are instead purposefully holding up proceedings. Both leaders have tried to leverage their own strategic interests in exchange for approving what would be a major expansion of the NATO alliance, interests like security guarantees or pleasing other heads of state. The two Nordic countries would provide the NATO alliance with a significant boost to its overall military capabilities across all domains — air, land, sea, and with intelligence.
☆ Despite Biden's assurances, Middle East militaries are buying their own weapons to take on Iran at sea and in the air
  + stars: | 2022-09-21 | by ( Benjamin Brimelow | ) www.businessinsider.com   time to read: +9 min
Saudi Arabia and the UAE have been investing heavily in new military hardware in order to Iran. The Royal Saudi Air Force's core strength are its 232 F-15 Eagles, at least 84 of which are F-15SA variants designed specifically for Saudi Arabia. A Royal Saudi Air Force F-15 at King Faisal Air Base in Saudi Arabia in February 2021. US and Bahraini officials in front of unmanned naval vessels at at Naval Support Activity Bahrain in Manama in January. US Navy/MCS1 Mark Thomas MahmodIMX 2022 was also the first time Israel and Saudi Arabia, which don't have diplomatic relations, officially took part in an exercise together.
☆ Cheaper oil and Ukraine war are blowing a hole in Russia's finances
  + stars: | 2022-09-15 | by ( Clare Sebastian | ) edition.cnn.com   time to read: +1 min
London (CNN Business) There are new signs of strain in the Russian economy as energy prices fall and nearly seven months of war in Ukraine prove increasingly costly. Russia's budget surplus all but disappeared over the summer, according to data published by the Russian finance ministry this week. Oil is traditionally a bigger component of the Russian budget than natural gas, and Brent crude prices — the European benchmark — have fallen about 25% since their peak in early June. That's a big hit, even before an EU embargo on Russian seaborne oil imports, and a planned G7 price cap come into force in December. And while natural gas prices in Europe remain extraordinarily high, Russia's gas deliveries to the European Union and United Kingdom have dropped by 49% since the beginning of the year, Gazprom said last week.
☆ Russia finances hit by cheaper oil and costs of Ukraine war
  + stars: | 2022-09-15 | by ( Clare Sebastian | ) edition.cnn.com   time to read: +2 min
London CNN Business —There are new signs of strain in the Russian economy as energy prices fall and nearly seven months of war in Ukraine prove increasingly costly. Russia’s budget surplus all but disappeared over the summer, according to data published by the Russian finance ministry this week. Oil is traditionally a bigger component of the Russian budget than natural gas, and Brent crude prices — the European benchmark — have fallen about 25% since their peak in early June. That’s a big hit, even before an EU embargo on Russian seaborne oil imports, and a planned G7 price cap come into force in December. And while natural gas prices in Europe remain extraordinarily high, Russia’s gas deliveries to the European Union and United Kingdom have dropped by 49% since the beginning of the year, Gazprom said last week.
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