Author name: The News Craving

Maldives shelters sanctioned Russian billionaires’ yachts

Published by Reuters By Alasdair Pal and Mohamed Junayd MALE (Reuters) – A day after coal and fertilizer billionaire Andrey Melnichenko was placed on the European Union’s sanctions list on March 9, his superyacht Motor Yacht A stopped broadcasting its location while in Maldives’ waters, maritime data shows. In Italy, four days later, authorities seized

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US approves $95-million arms sale of defence system to Taiwan

Published by DPA The US has approved a $95-million arms sale of equipment and services to Taiwan to help maintain the island’s US-made missile defense system. The potential sale was confirmed by the US Defense Security Cooperation Agency (DSCA) late Tuesday in a statement, which said it involves equipment, training and other items to support

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Russia-Ukraine war to slow 2022 growth in developing Asia – ADB

Published by Reuters UK MANILA (Reuters) – Growth in developing Asia will likely be slower this year than previously thought, the Asian Development Bank said on Wednesday, as the war in Ukraine is expected to derail economic recovery in the region still reeling from the COVID-19 pandemic. The bloc’s combined economy, which includes China and

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Australia says defence buildup about peace and stability

Published by Reuters UK SYDNEY (Reuters) – Australia’s involvement in the development of hypersonic missiles with treaty partners the United States and Britain was part of an effort to achieve peace and stability in the Indo-Pacific region, Prime Minister Scott Morrison said on Wednesday. Britain, the United States and Australia on Tuesday agreed to cooperate

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Sri Lanka’s president will not resign despite crisis, protests-minister

Published by Reuters UK By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s President Gotabaya Rajapaksa will not resign, a minister said on Wednesday, despite protests against his handling of the country’s worst economic crisis in decades and as doctors held street protests over a shortage of medicine. Rajapaksa, governing the country since

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Zelensky to address UN Security Council over Russian ‘genocide’

Published by AFP Kyiv (Ukraine) (AFP) – Ukraine’s President Volodymyr Zelensky will address the UN Security Council on Tuesday, where he is expected to demand tough new sanctions on Moscow over killings in the town of Bucha that he has called “war crimes” and “genocide”. The speech, Zelensky’s first to the body since Russia’s invasion,

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London: Ukrainian forces have recapture ‘key terrain’ in north

Published by DPA Ukrainian forces have retaken “key terrain” from Russian troops in the north of the country, Britain’s Ministry of Defence said in its latest intelligence assessment of the war. “Low-level fighting is likely to continue in some of the newly recaptured regions, but diminish significantly this week as the remainder of the Russian

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Ukraine announces establishment of seven escape corridors on Tuesday

Published by DPA Ukraine announced the establishment of seven escape corridors for the evacuation of civilians on Tuesday. However, residents of the besieged port city of Mariupol will only be able to leave in private cars, Ukrainian Deputy Prime MinisterIryna Vereshchuk said, according to the Ukrinform news agency. She accused Russian troops of continuing to

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Sri Lanka gets new finance minister, cenbank governor as unrest grows

Published by Reuters UK By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO (Reuters) – Sri Lankan President Gotabaya Rajapaksa dropped his brother as finance minister and sought a new central bank governor on Monday, as crowds angry over the country’s deepening economic crisis surrounded the homes of several lawmakers. The debt-laden country, run by Rajapaksa and

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