Israel slashes list of countries that can buy cyber tech -report
Israel slashed its list of countries eligible to buy its cyber technologies following concern over possible abuses abroad of a hacking tool sold by Israeli firm NSO Group, Israel's Calcalist financial newspaper reported on Thursday.
The newspaper, which did not disclose its sources, said Mexico, Morocco, Saudi Arabia, Mexico and the United Arab Emirates were among countries which would now be barred from importing Israeli cyber tech. The list of countries licensed to buy it had been cut to just 37 states, down from 102.
Israel slashed its list of countries eligible to buy its cyber technologies following concern over possible abuses abroad of a hacking tool sold by Israeli firm NSO Group, Israel's Calcalist financial newspaper reported on Thursday.
The newspaper, which did not disclose its sources, said Mexico, Morocco, Saudi Arabia, Mexico and the United Arab Emirates were among countries which would now be barred from importing Israeli cyber tech. The list of countries licensed to buy it had been cut to just 37 states, down from 102.
Ukraine president says coup plot thwarted involving Russians; Kremlin denies role
Ukraine has uncovered a plot for an attempted coup with the involvement of Russians, due to have taken place next week, President Volodymyr Zelenskiy said on Friday at a press conference.
Zelenskiy did not give full details of the coup plot and did not accuse the Russian state of involvement, though he also spoke at length at the press conference of a threat of Russian military escalation, and said Ukraine would be ready for it.
The Kremlin swiftly denied any role in any coup plot, saying it had no plans to take part in such acts.
Ukraine has uncovered a plot for an attempted coup with the involvement of Russians, due to have taken place next week, President Volodymyr Zelenskiy said on Friday at a press conference.
Zelenskiy did not give full details of the coup plot and did not accuse the Russian state of involvement, though he also spoke at length at the press conference of a threat of Russian military escalation, and said Ukraine would be ready for it.
The Kremlin swiftly denied any role in any coup plot, saying it had no plans to take part in such acts.
New COVID variant Omicron triggers global alarm, market sell-off
The discovery of a new coronavirus variant named Omicron triggered global alarm on Friday as countries rushed to suspend travel from southern Africa and stock markets on both sides of the Atlantic suffered their biggest falls in more than a year.
The World Health Organisation (WHO) said Omicron may spread more quickly than other forms, and preliminary evidence suggested there is an increased risk of reinfection.
Epidemiologists warned travel curbs may be too late to stop Omicron from circulating globally. The new mutations were first discovered in South Africa and have since been detected in Belgium, Botswana, Israel and Hong Kong.
The discovery of a new coronavirus variant named Omicron triggered global alarm on Friday as countries rushed to suspend travel from southern Africa and stock markets on both sides of the Atlantic suffered their biggest falls in more than a year.
The World Health Organisation (WHO) said Omicron may spread more quickly than other forms, and preliminary evidence suggested there is an increased risk of reinfection.
Epidemiologists warned travel curbs may be too late to stop Omicron from circulating globally. The new mutations were first discovered in South Africa and have since been detected in Belgium, Botswana, Israel and Hong Kong.
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Concerns over COVID variant trigger more travel curbs on southern Africa
Australia and several other countries joined nations imposing restrictions on travel from southern Africa on Saturday after the discovery of the new Omicron coronavirus variant sparked global concern and triggered a market sell-off.
Meanwhile, authorities in Amsterdam said that 61 out of around 600 people who arrived in the Dutch city on two flights from South Africa on Friday had tested positive for coronavirus. Health authorities were carrying out further tests to see if those cases involved the new variant.
Australia and several other countries joined nations imposing restrictions on travel from southern Africa on Saturday after the discovery of the new Omicron coronavirus variant sparked global concern and triggered a market sell-off.
Meanwhile, authorities in Amsterdam said that 61 out of around 600 people who arrived in the Dutch city on two flights from South Africa on Friday had tested positive for coronavirus. Health authorities were carrying out further tests to see if those cases involved the new variant.
Australia to introduce new laws to force media platforms to unmask online trolls
Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison said on Sunday.
The government has been looking at the extent of the responsibility of platforms, such as Twitter (TWTR.N) and Facebook (FB.O), for defamatory material published on their sites and comes after the country's highest court ruled that publishers can be held liable for public comments on online forums.
"The online world should not be a wild west where bots and bigots and trolls and others are anonymously going around and can harm people," Morrison said at a televised press briefing. "That is not what can happen in the real world, and there is no case for it to be able to be happening in the digital world."
Australia will introduce legislation to make social media giants provide details of users who post defamatory comments, Prime Minister Scott Morrison said on Sunday.
The government has been looking at the extent of the responsibility of platforms, such as Twitter (TWTR.N) and Facebook (FB.O), for defamatory material published on their sites and comes after the country's highest court ruled that publishers can be held liable for public comments on online forums.
"The online world should not be a wild west where bots and bigots and trolls and others are anonymously going around and can harm people," Morrison said at a televised press briefing. "That is not what can happen in the real world, and there is no case for it to be able to be happening in the digital world."
Omicron variant detected in more countries as scientists race to find answers
The Omicron coronavirus variant spread around the world on Sunday, with new cases found in the Netherlands, Denmark and Australia even as more countries imposed travel restriction to try to seal themselves off.
The World Health Organization (WHO) said it was not yet clear whether Omicron, first detected in Southern Africa, is more transmissible than other variants, or if it causes more severe disease.
The Omicron coronavirus variant spread around the world on Sunday, with new cases found in the Netherlands, Denmark and Australia even as more countries imposed travel restriction to try to seal themselves off.
The World Health Organization (WHO) said it was not yet clear whether Omicron, first detected in Southern Africa, is more transmissible than other variants, or if it causes more severe disease.
China's Xi pledges another 1 bln COVID-19 vaccine doses for Africa
President Xi Jinping on Monday said China would offer another 1 billion doses of COVID-19 vaccines to African countries and would encourage Chinese companies to invest no less than $10 billion in Africa over the next three years.
The pledge of additional vaccine doses - on top of the nearly 200 million that China has already supplied to the continent - comes as concerns intensify over the spread of a new variant of the coronavirus, known as Omicron, which was first identified in southern Africa.
President Xi Jinping on Monday said China would offer another 1 billion doses of COVID-19 vaccines to African countries and would encourage Chinese companies to invest no less than $10 billion in Africa over the next three years.
The pledge of additional vaccine doses - on top of the nearly 200 million that China has already supplied to the continent - comes as concerns intensify over the spread of a new variant of the coronavirus, known as Omicron, which was first identified in southern Africa.
British MI6 spy chief warns: the race is on for mastery of AI
The chief of Britain's foreign spy service warned on Tuesday that the West's adversaries such as China and Russia were racing to master artificial intelligence in a way which could revolutionise geopolitics over the next decade.
The world's spies, from Langley and London to Moscow and Beijing, are trying to grapple with seismic advances in technology that are challenging traditional human-led spying operations which dominated for thousands of years.
The chief of Britain's foreign spy service warned on Tuesday that the West's adversaries such as China and Russia were racing to master artificial intelligence in a way which could revolutionise geopolitics over the next decade.
The world's spies, from Langley and London to Moscow and Beijing, are trying to grapple with seismic advances in technology that are challenging traditional human-led spying operations which dominated for thousands of years.
Wife of Mexican drug lord 'El Chapo' to face sentencing in U.S. court
U.S. prosecutors will ask a judge on Tuesday to sentence the wife of imprisoned Mexican drug kingpin Joaquin "El Chapo" Guzman to four years in prison after she pleaded guilty to helping the Sinaloa drug cartel.
Emma Coronel Aispuro, 32, pleaded guilty in June to three counts of conspiring to distribute illegal drugs, conspiring to launder money and of engaging in financial dealings with the Sinaloa drug cartel.
U.S. prosecutors will ask a judge on Tuesday to sentence the wife of imprisoned Mexican drug kingpin Joaquin "El Chapo" Guzman to four years in prison after she pleaded guilty to helping the Sinaloa drug cartel.
Emma Coronel Aispuro, 32, pleaded guilty in June to three counts of conspiring to distribute illegal drugs, conspiring to launder money and of engaging in financial dealings with the Sinaloa drug cartel.
Putin hits back as NATO warns Moscow against attacking Ukraine
Russia would pay a high price for any new military aggression against Ukraine, NATO and the United States warned on Tuesday as the Western military alliance met to discuss Moscow's possible motives for massing troops near the Ukrainian border.
President Vladimir Putin countered that Russia would be forced to act if U.S.-led NATO placed missiles in Ukraine that could strike Moscow within minutes.
Ukraine, a former Soviet republic that now aspires to join the European Union and NATO, has become the main flashpoint between Russia and the West as relations have soured to their worst level in the three decades since the Cold War ended.
Putin went further than previously in spelling out Russia's "red lines" on Ukraine, saying it would have to respond if NATO deployed advanced missile systems on its neighbour's soil.
Russia would pay a high price for any new military aggression against Ukraine, NATO and the United States warned on Tuesday as the Western military alliance met to discuss Moscow's possible motives for massing troops near the Ukrainian border.
President Vladimir Putin countered that Russia would be forced to act if U.S.-led NATO placed missiles in Ukraine that could strike Moscow within minutes.
Ukraine, a former Soviet republic that now aspires to join the European Union and NATO, has become the main flashpoint between Russia and the West as relations have soured to their worst level in the three decades since the Cold War ended.
Putin went further than previously in spelling out Russia's "red lines" on Ukraine, saying it would have to respond if NATO deployed advanced missile systems on its neighbour's soil.
EXCLUSIVE China protested Indonesian drilling, military exercises
China told Indonesia to stop drilling for oil and natural gas in maritime territory that both countries regard as their own during a months-long standoff in the South China Sea earlier this year, four people familiar with the matter told Reuters.
The unprecedented demand, which has not previously been reported, elevated tensions over natural resources between the two countries in a volatile area of global strategic and economic importance.
One letter from Chinese diplomats to Indonesia's foreign ministry clearly told Indonesia to halt drilling at a temporary offshore rig because it was taking place in Chinese territory, according to Muhammad Farhan, an Indonesian lawmaker on parliament's national security committee, which was briefed on the letter.
China told Indonesia to stop drilling for oil and natural gas in maritime territory that both countries regard as their own during a months-long standoff in the South China Sea earlier this year, four people familiar with the matter told Reuters.
The unprecedented demand, which has not previously been reported, elevated tensions over natural resources between the two countries in a volatile area of global strategic and economic importance.
One letter from Chinese diplomats to Indonesia's foreign ministry clearly told Indonesia to halt drilling at a temporary offshore rig because it was taking place in Chinese territory, according to Muhammad Farhan, an Indonesian lawmaker on parliament's national security committee, which was briefed on the letter.
Turkey spends money it doesn’t have
Minutes before President Tayyip Erdogan delivered a speech renouncing high interest rates once again, the Turkish central bank said it was selling dollars to support the lira. The bank has $25 billion of net reserves as of November, down from $28 billion the month before. But that includes another $48 billion of swaps from local banks, without which reserves are firmly in negative territory.
It’s a flawed bid to support Erdogan’s ultra-loose monetary policy, which has caused the lira to fall more than 40% versus the dollar this year. Propping up the currency might slow Turkey’s descent into hyperinflation, but the country’s pot of dollars risks running out. The bank sold some $128 billion to steady the lira in 2019-2020 and still had to hike rates. When net reserves were at $28 billion in August 2020, it took just five months to run them down to $11 billion – the lowest since at least 2003. The lower reserves fall, the more likely another depreciation becomes.
Minutes before President Tayyip Erdogan delivered a speech renouncing high interest rates once again, the Turkish central bank said it was selling dollars to support the lira. The bank has $25 billion of net reserves as of November, down from $28 billion the month before. But that includes another $48 billion of swaps from local banks, without which reserves are firmly in negative territory.
It’s a flawed bid to support Erdogan’s ultra-loose monetary policy, which has caused the lira to fall more than 40% versus the dollar this year. Propping up the currency might slow Turkey’s descent into hyperinflation, but the country’s pot of dollars risks running out. The bank sold some $128 billion to steady the lira in 2019-2020 and still had to hike rates. When net reserves were at $28 billion in August 2020, it took just five months to run them down to $11 billion – the lowest since at least 2003. The lower reserves fall, the more likely another depreciation becomes.
Iran gives drafts on sanctions, nuclear issues to European nuclear deal parties
Iran has provided European powers involved in its tattered nuclear deal with drafts on sanctions removal and nuclear commitments, Iran's top nuclear negotiator said on Thursday, as world powers and Tehran try to reinstate the pact.
The announcement came on the fourth day of indirect talks between Iran and the United States on bringing both fully back into the deal. The talks resumed after a five-month hiatus prompted by the election in June of Iranian President Ebrahim Raisi, an anti-Western hardliner.
Under the pact, Tehran limited its uranium enrichment programme, a potential pathway to nuclear weapons though Iran says it seeks only civilian atomic energy, in exchange for relief from U.S., European Union and U.N. economic sanctions.
But in 2018, then-U.S. President Donald Trump abandoned the deal, calling it too soft on Iran, and reimposed harsh U.S. sanctions, spurring Tehran to breach nuclear limits in the pact.
Iran has provided European powers involved in its tattered nuclear deal with drafts on sanctions removal and nuclear commitments, Iran's top nuclear negotiator said on Thursday, as world powers and Tehran try to reinstate the pact.
The announcement came on the fourth day of indirect talks between Iran and the United States on bringing both fully back into the deal. The talks resumed after a five-month hiatus prompted by the election in June of Iranian President Ebrahim Raisi, an anti-Western hardliner.
Under the pact, Tehran limited its uranium enrichment programme, a potential pathway to nuclear weapons though Iran says it seeks only civilian atomic energy, in exchange for relief from U.S., European Union and U.N. economic sanctions.
But in 2018, then-U.S. President Donald Trump abandoned the deal, calling it too soft on Iran, and reimposed harsh U.S. sanctions, spurring Tehran to breach nuclear limits in the pact.
With God, roses and punk, German military honours Merkel
Germany's military on Thursday honoured outgoing Chancellor Angela Merkel with their highest ceremony for a civilian, playing an eclectic mix of music of her own choosing that has intrigued the nation.
In the "Großer Zapfenstreich" ceremony, pared back due to COVID-19 restrictions, the Bundeswehr staff music corps played a hymn, a 1960s song that includes the words "I can't acquiesce, can't make do, I still want to win", and a 1970s punk rock hit.
The hymn, "Holy God, We Praise Thy Name", is a nod to Merkel's Protestant upbringing, the '60s song "Red roses are to rain for me" perhaps reflects her youthful ambition, while the rock hit, "You Forgot The Colour Film", was first performed by East German punk artist Nina Hagen.
Born in the northern port city of Hamburg as the daughter of a Protestant pastor, Merkel grew up in Communist East Germany before taking the helm of a predominantly male, Catholic western German party, CDU.
Germany's military on Thursday honoured outgoing Chancellor Angela Merkel with their highest ceremony for a civilian, playing an eclectic mix of music of her own choosing that has intrigued the nation.
In the "Großer Zapfenstreich" ceremony, pared back due to COVID-19 restrictions, the Bundeswehr staff music corps played a hymn, a 1960s song that includes the words "I can't acquiesce, can't make do, I still want to win", and a 1970s punk rock hit.
The hymn, "Holy God, We Praise Thy Name", is a nod to Merkel's Protestant upbringing, the '60s song "Red roses are to rain for me" perhaps reflects her youthful ambition, while the rock hit, "You Forgot The Colour Film", was first performed by East German punk artist Nina Hagen.
Born in the northern port city of Hamburg as the daughter of a Protestant pastor, Merkel grew up in Communist East Germany before taking the helm of a predominantly male, Catholic western German party, CDU.
Factbox: Tesla's Musk over halfway through his pledge with nearly $11 bln stake sale
Tesla Inc (TSLA.O) Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.
He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.
Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.
Tesla Inc (TSLA.O) Chief Executive Elon Musk has sold nearly $11 billion worth of shares since the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.
He has sold a combined 10.1 million shares, which is over half of the stake that he had pledged to sell, and has acquired 10.7 million shares by exercising options, since Nov. 8.
Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.
Iran nuclear talks break, Europe, U.S. dismayed by Iranian stance
Indirect U.S.-Iranian talks on saving the 2015 Iran nuclear deal broke off until next week as European officials voiced dismay on Friday at sweeping demands by Iran's new, hardline government.
The seventh round of talks in Vienna is the first with delegates sent by Iran's anti-Western President Ebrahim Raisi on how to resuscitate the agreement under which Iran limited its nuclear program in return for relief from economic sanctions.
Raisi's election in June caused a five-month hiatus in the talks, heightening suspicions among U.S. and European officials that Iran is playing for time while advancing its nuclear program.
Indirect U.S.-Iranian talks on saving the 2015 Iran nuclear deal broke off until next week as European officials voiced dismay on Friday at sweeping demands by Iran's new, hardline government.
The seventh round of talks in Vienna is the first with delegates sent by Iran's anti-Western President Ebrahim Raisi on how to resuscitate the agreement under which Iran limited its nuclear program in return for relief from economic sanctions.
Raisi's election in June caused a five-month hiatus in the talks, heightening suspicions among U.S. and European officials that Iran is playing for time while advancing its nuclear program.
Bitcoin falls by a fifth, cryptos see $1 bln worth liquidated
Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.
Bitcoin was 12% down at 0920 GMT at $47,495. It fell as low as $41,967.5 during the session, taking total losses for the day to 22%.
The broad selloff in cryptocurrencies also saw ether , the coin linked to the ethereum blockchain network, plunge more than 10%.
Based on cryptocurrency data platform Coingecko, the market capitalisation of the 11,392 coins it tracks dropped nearly 15% to $2.34 trillion. That value had briefly crossed $3 trillion last month, when bitcoin hit a record $69,000.
Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.
Bitcoin was 12% down at 0920 GMT at $47,495. It fell as low as $41,967.5 during the session, taking total losses for the day to 22%.
The broad selloff in cryptocurrencies also saw ether , the coin linked to the ethereum blockchain network, plunge more than 10%.
Based on cryptocurrency data platform Coingecko, the market capitalisation of the 11,392 coins it tracks dropped nearly 15% to $2.34 trillion. That value had briefly crossed $3 trillion last month, when bitcoin hit a record $69,000.
Modi's farm reform reversal to deter investment in India's agriculture
India's repeal of agriculture laws aimed at deregulating produce markets will starve its vast farm sector of much-needed private investment and saddle the government with budget-sapping subsidies for years, economists said.
Late last year, Prime Minister Narendra Modi's government introduced three laws meant to open up agriculture markets to companies and attract private investment, triggering India's longest-running protest by farmers who said the reforms would allow corporations to exploit them.
With an eye on a critical election in populous Uttar Pradesh state early next year, Modi agreed to rescind the laws in November, hoping to smooth relations with the powerful farm lobby which sustains nearly half the country's 1.3 billion people and accounts for about 15% of the $2.7 trillion economy.
India's repeal of agriculture laws aimed at deregulating produce markets will starve its vast farm sector of much-needed private investment and saddle the government with budget-sapping subsidies for years, economists said.
Late last year, Prime Minister Narendra Modi's government introduced three laws meant to open up agriculture markets to companies and attract private investment, triggering India's longest-running protest by farmers who said the reforms would allow corporations to exploit them.
With an eye on a critical election in populous Uttar Pradesh state early next year, Modi agreed to rescind the laws in November, hoping to smooth relations with the powerful farm lobby which sustains nearly half the country's 1.3 billion people and accounts for about 15% of the $2.7 trillion economy.
Indonesia Semeru volcanic eruption kills 14; dozens injured
The eruption of Indonesia's Semeru volcano has killed at least 14 people and injured dozens, the disaster mitigation agency (BNPB) said on Sunday, as search teams looked for victims in a landscape covered in deep layers of ash.
Semeru, the tallest mountain on Java island, threw up towers of ash and hot clouds on Saturday that blanketed nearby villages in East Java province and sent people fleeing in panic.
The eruption severed a strategic bridge connecting two areas in the nearby district of Lumajang with the city of Malang and wrecked buildings, authorities said.
A BNPB official said in a news conference late on Sunday that 14 people had been killed. Fifty-six were injured and 1,300 have been evacuated.
The eruption of Indonesia's Semeru volcano has killed at least 14 people and injured dozens, the disaster mitigation agency (BNPB) said on Sunday, as search teams looked for victims in a landscape covered in deep layers of ash.
Semeru, the tallest mountain on Java island, threw up towers of ash and hot clouds on Saturday that blanketed nearby villages in East Java province and sent people fleeing in panic.
The eruption severed a strategic bridge connecting two areas in the nearby district of Lumajang with the city of Malang and wrecked buildings, authorities said.
A BNPB official said in a news conference late on Sunday that 14 people had been killed. Fifty-six were injured and 1,300 have been evacuated.
Indonesia volcano: Rescuers race to find survivors of Indonesia eruption
At least 13 people have now died and dozens more are injured after a volcano erupted on Indonesia's Java island on Saturday, emergency authorities said.
Residents were filmed fleeing a giant ash cloud from Mt Semeru.
Pictures show entire villages buried in volcanic ash up to rooftops, and locals have described thick smoke blocking the Sun, leaving them in pitch darkness.
Officials said at least 57 people have been injured, with many suffering severe burns.
At least 13 people have now died and dozens more are injured after a volcano erupted on Indonesia's Java island on Saturday, emergency authorities said.
Residents were filmed fleeing a giant ash cloud from Mt Semeru.
Pictures show entire villages buried in volcanic ash up to rooftops, and locals have described thick smoke blocking the Sun, leaving them in pitch darkness.
Officials said at least 57 people have been injured, with many suffering severe burns.