Source link Berlin has joined a Czech-led initiative to buy 800,000 artillery rounds for Kiev Germany has pledged to donate another €300 million ($326 million) as part of a Czech-led initiative to purchase artillery rounds for Ukraine, Bloomberg has reported, citing anonymous sources familiar with the decision. Czech President Petr Pavel unveiled the scheme at […]
Source link Vessels from the two countries will not be targeted in the Red Sea or Gulf of Aden, the Yemen-based militant group has reportedly assured The Yemen-based Houthi militants have told Russia and China that their ships can sail freely through the Red Sea and Gulf of Aden without fear of being attacked, Bloomberg […]
Source link Unauthorized spies may have been involved in the attempt to kill Khalistan activist Gurpatwant Singh Pannun, a report claims An Indian investigation into a plot to kill a Sikh activist on US soil last year has found that agents not authorized by New Delhi were involved in the assassination attemptBloomberg reported on Wednesday, […]
Source link The divestment is reportedly expected to boost the balance sheet of the crisis-hit aerospace multinational Boeing might sell at least two of its defense unit businesses to improve its finances amid mounting safety concerns, Bloomberg reported on Tuesday, citing unnamed sources familiar with the discussions. The world’s second largest aircraft manufacturer by market […]
Source link US military aid to Kiev has strained its own stockpiles as the Congress-approved money pot ran dry The US Defense Department wants the Congress to allocate at least $6.5 billion to replenish its stocks, which have been depleted after two years of constant weapon deliveries to Ukraine, according to a document seen by […]
Source link Investors are pushing for an EU-wide debt program that would bring them healthy profits while helping the bloc to increase military spending, Bloomberg has reported. Bond investors want the bloc’s temporary joint EU debt program that was launched mostly to finance the pandemic recovery fund to become permanent, the outlet has suggested. The […]
Source link Berlin has curbed spending, having limited some funds for businesses that were already struggling with higher energy costs German family-led companies, traditionally seen as the backbone of the country’s economy, have found themselves on the verge of bankruptcy, Bloomberg reported on Saturday, citing business figures and industry analysts on the ground. Owners of […]
Source link New Delhi’s relations with Beijing have remained strained since a deadly clash in 2020 India is in the process of reassigning 10,000 soldiers to the western sector of its disputed border with China, Bloomberg reported Thursday, citing unnamed officials. Another 9,000 troops already deployed along the frontier are to be brought under a […]
Source link The US leader is reportedly looking for alternatives after his foreign aid bill stalled in Congress The US government is considering tapping into the US Army budget in order to provide Ukraine with much-needed additional military aid, Bloomberg reported on Wednesday, citing people familiar with the matter. One of the sources told the […]
Source link The measure has been proposed in a funding bill unveiled by lawmakers in Washington China could be banned from buying oil from the US Strategic Petroleum Reserve (SPR) under new provisions in budget legislation unveiled by Congress on Sunday, Bloomberg has reported. Lawmakers in Washington are seeking to prevent China from purchasing crude […]
Source link Plunging Tesla stock has seen the EV maker’s CEO dethroned by Amazon’s Jeff Bezos Elon Musk has lost his title as the world’s richest person, being replaced by Amazon founder Jeff Bezos, according to Bloomberg’s Billionaires Index, a listing of the world’s 500 richest people. As of Tuesday, Bezos’ net worth was $200 […]
Source link NATO officials are reportedly concerned about Berlin’s carelessness and incompetence Several of Germany’s allies have urged Berlin to drastically improve security measures after audio of Bundeswehr military officials discussing an attack on Russia’s Crimean Bridge was leaked, Bloomberg reported on Monday. RT Editor-in-Chief Margarita Simonyan last week released a transcript and audio recording […]
Source link Emmanuel Macron reportedly views Olaf Scholz as an unambitious coward, while Scholz sees his French counterpart as a wannabe monarch The relationship between German Chancellor Olaf Scholz and French President Emmanuel Macron has long been strained, but Macron’s recent refusal to rule out sending troops to Ukraine has driven tensions to boiling point, […]
Source link Argentina is in talks with the IMF over a new aid program designed to accelerate the process of exiting from capital controls, Bloomberg reported on Thursday, citing a senior government official. The IMF is pushing the government to let the currency devalue faster under its so-called “crawling peg,” and keep interest rates above […]
Source link EU leaders are reluctant to seize the frozen billions, fearing retaliation and damage to the euro President Joe Biden is pushing his fellow Group of Seven (G7) leaders to make progress on a plan to use frozen Russian assets to fund Kiev by the time they meet in June, Bloomberg reported on Thursday, […]