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China said the US destroyer was warned for the second day the US Navy said its ship had successfully challenged China’s maritime claims.The Chinese Ministry of Defense said it had – for a second time – monitored and hunted the US Navy guided-missile destroyer USS Milius after it entered what Beijing claims to be its territorial waters in the south china sea near the Paracel Islands. Friday marked the second straight day of a stalemate – and heated words – between the two superpowers amid rising tensions in the South China Sea. “We sternly urge the United States to immediately…
CNN — Benjamin Netanyahu resisted calls to abandon his controversial overhaul of Israel’s justice system in a fiery televised speech on Thursday, hours after his government passed a law that has been condemned by critics as an effort to protect his position. Israeli opposition politicians have previously condemned the new law, which would limit the ways a sitting prime minister can be declared unfit for office, describing it as a way to protect Netanyahuwho faces an ongoing trial for corruption. By a final vote of 61 to 47, the Knesset approved the bill, which states that only the prime minister…
Stock markets were mixed on Friday, with worries about the health of the global banking system sending shares of U.S. lenders down more than 14% this week.The FTSE All-World stock index fell 0.1% on Friday during Asian trading, but was up 1.6% for the week. Tech stocks in Asia initially followed the Nasdaq Composite higher on hopes that the US Federal Reserve’s monetary tightening cycle is coming to an end.Hong Kong’s Hang Seng Tech index rose 2.3% on Friday before paring gains to just 0.1%. Other benchmarks in the region suffered minor losses, including a 0.3% decline for China’s CSI…
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Charges followed. For an anti-war social media post, Alexei was fined 32,000 rubles (about $415 or £338 at the time) for discrediting the Russian armed forces. A few weeks ago, a criminal case was opened against him. Again, anti-war messages formed the basis of accusations of discredit.
Aerial view of stacked shipping containers at the Yangshan Deepwater Port, the world’s largest automated container terminal, on May 21, 2021 in Shanghai, China.CGV | Visual Group China | Getty ImagesRecent turmoil surrounding the banking sector in the United States and Europe has made China a “relatively safe haven” this year, Citi economists said in a Thursday note.Investor sentiment towards China was weighed down last year by Covid controls and regulatory uncertainty. Now those checks have ended and policymakers have sent clearer signals about regulation.“Momentum in activity could pick up further from here, with auto sales improving and real estate…
Lunit obtains a new CE marking for the AI DBT solution South Korean medical AI company Lunit has received CE mark under the latest European medical device regulations for its AI software for digital breast tomosynthesis (DBT) analysis. Called Lunit INSIGHT DBT, the software solution analyzes 3D images of DBT, enabling rapid and accurate diagnosis of breast cancer. In a press release, Lunit disclosed its intention to start rolling out the software product in Europe by the end of March, noting renewed interest. He also announced his plan to begin the process of obtaining US FDA approval for Lunit INSIGHT…
During a hearing this week, Rep. Matt Gaetz questioned Gilbert Cisneros, the U.S. Undersecretary of Defense for Personnel and Readiness, about a Department of Defense employee who is a ‘diversity staff member’ being investigated for making racist comments about white people. on social networks. Gaetz grilled Cisneros who seemed unable or unwilling to give a straight answer about anything. FoxNews reported: Pentagon official forced to read diversity chief’s anti-white statements during congressional hearing A senior Pentagon official appointed by Biden — Gil Cisneros — was forced to read and explain divisive statements against whites by one of his employees during…
Seoul/Atlanta CNN — Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a collapsed crypto company who is wanted in South Korea and the United States for fraud and other charges. Kwon, a South Korean national, founded the blockchain platform behind the stablecoin TerraUSD and its sister coin Luna. Both coins lost value in a matter of days in May 2022, wiping around $40 billion from the crypto market and causing panic in the speculative sector. Kwon’s identity was confirmed by a fingerprint match, Interpol’s National Central Bureau in Seoul…