War Financial News
01.11 / 02:37
markets
CBS
Experts
War
Courts
Interviews
Trump sues CBS over Kamala Harris '60 Minutes' interview; seeks $10 bn in damages
Donald Trump sued CBS on Thursday over an interview of his Democratic rival Kamala Harris aired on its «60 Minutes» news program in early October that the lawsuit alleged was misleading, according to a court filing. The complaint, filed in federal court in the Northern District of Texas, alleges the network aired two different responses from Harris responding to a question about the war between Israel and Hamas in Gaza. The version that aired during the «60 Minutes» program on Oct. 6 did not include what the lawsuit calls a «word salad» response from Harris about the Biden administration's influence on Israel's conduct of the war.
01.11 / 01:39
Citizens
economy
War
Celebrity
country
Investigations
International
Lebanon's detained former central bank governor faces new corruption charge
A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrant
31.10 / 19:15
31.10 / 17:03
markets
UPS
security
Strategy
Experts
War
Manipur govt to set up memorial for Major Ralengnao Bob Khathing
Chief Minister N. Biren Singh on Thursday said that his government had already earmarked an amount of Rs 3 crore for the construction of a memorial for Major Ralengnao Bob Khathing who laid claim to Tawang as an integral part of India Defence Minister Rajnath Singh virtually dedicated to the nation ‘Desh ka Vallabh’ statue of Sardar Vallabhbhai Patel, and Major Ralengnao ‘Bob’ Khathing ‘Museum of Valour’ at Tawang in Arunachal Pradesh on Thursday. Singh carried out the inauguration from 4 Corps Headquarters in Assam’s Tezpur as he could not visit Tawang due to bad weather.
31.10 / 17:03
markets
security
Strategy
War
country
social
Russia shifts more funds to military in budget draft
Russian government is seeking to reallocate 7 trillion roubles ($72 billion) in its three-year budget draft, with a significant portion of the funds directed towards the military, Finance Minister Anton Siluanov said on Thursday. The draft allocates 13.5 trillion roubles to the military in 2025, accounting for a third of total expenditure or 6.3% of GDP — the highest level since the Cold War. New amendments suggest that this figure could be even higher. For the first time, the share of spending on defence will be double that of social spending. Siluanov told a cabinet meeting that the government has prepared about 900 amendments to the draft.
31.10 / 17:03
markets
COST
security
economy
War
country
Israeli cabinet set to approve austerity budget amid wars
Israeli cabinet ministers were to start voting later on Thursday on a long-awaited wartime budget for 2025 that will rein in spending and raise a host of taxes to pay for the military conflicts that have engulfed the country. The wars in Gaza and Lebanon have cost Israeli coffers tens of billions of shekels on spending for defence — equipment and in manpower after hundreds of thousands of citizens were called into reserve duty — and in compensation for those impacted. «Our security also depends on the economy. We cannot have a strong military if we have no way of financing it,» Prime Minister Benjamin Netanyahu said at the outset of the cabinet meeting before the budget vote, which could run into the night.
31.10 / 14:55
markets
security
Experts
War
electronic
Department
USA sanctions on 10 Indian firms for allegedly aiding Russian military efforts; Sullivan speaks with Doval
Russian military. The announcement was made by US Treasury and State Departments in what they described as «third-country enablers”. However, there is no independent verification if these Indian firms were part of efforts to boost Russian military apparatus. “…The U.S. Department of the Treasury sanctioned 275 individuals and entities involved in supplying Russia with advanced technology and equipment that it desperately needs to support its war machine. Today’s action targets both individual actors and sprawling sanctions evasion networks across 17 jurisdictions, including India, the People’s Republic of China (PRC), Switzerland, Thailand, and Türkiye,” according to the announcement.
31.10 / 14:55
markets
BLOCK
Google
War
country
Courts
Russian court fines Google $20 decillion for blocking pro-Kremlin media outlets, fine is worth more than the world’s GDP
Google' clash with Russia is not a very old story, as the tussle keeps reviving over time, and in this instance, a Russian court has surprised everyone by declaring a $20 decillion fine on the tech giants for violating laws, when they blocked pro-Kremlin media outlets. The fine has been compounded with other penalties imposed on Google, after it blocked 17 Russian TV channels as a result of international sanctions. These TV channels were all speaking in favor of the Kremlin, and in support of the Russian aggression on Ukraine, among other things.
31.10 / 13:45
Strategy
Healthcare
War
show
hospital
Videos
Colleges
'What is the source of your funds?' TMC minister questions agitating junior doctors
junior doctors who have been protesting the rape and murder of their colleague at the RG Kar hospital, West Bengal's Agriculture Minister Sovandeb Chattopadhyay sought to know the source of their funds that helped continue the agitation for over two months. Chattopadhyay was speaking at a post-Durga Puja get-together organised by the TMC at his constituency Khardaha in North 24 Parganas district on Wednesday. A video of his address went viral on Thursday, triggering a fresh war of words with the junior doctors. PTI did not independently verify the authenticity of the video. «May I ask them, why are you agitating? For what reason are you agitating? Why is all the anger directed at the government?» he said.
31.10 / 10:51
markets
Digital
Platform
Kraken
War
Schools
International
Kraken lays off 15% of workers and names new co-CEO
Kraken, one of the world's largest cryptocurrency exchanges, on Wednesday announced the layoff of 15% of its workers, a corporate restructuring and the appointment of a new co-chief executive. The cuts amounted to about 400 of the company's roughly 2,600 employees, two people with knowledge of the company said. They included two members of the leadership team: the chief operating officer, Gilles BianRosa, and the chief technology officer, Vishnu Patankar, two people said. Kraken named Arjun Sethi, a longtime Silicon Valley executive, as co-CEO, alongside Dave Ripley. Ripley became chief executive in 2023 after Jesse Powell, the company's founder, stepped down following internal struggles with employees.
31.10 / 05:21
Target
Research
Allegiant
Trade
War
country
Destinations
Donald Trump would leave Asia with only bad options
Subscribe to enjoy similar stories. At the 39th ASEAN Roundtable, hosted by a research institute in Singapore on October 28th, the room was split. With Asia riven by an assertive China and a protectionist America, some attendees called for hard-headed thinking about trade-offs.
31.10 / 03:19
UPS
Trade
War
country
reports
International
Is gold really worth its actual weight in today’s age of demat assets?
Subscribe to enjoy similar stories. Gold is heavy. Moving it is an onerous task.
31.10 / 00:53
Photos
War
shock
Courts
rights
Scandals
Retrial begins in civil suit against contractor accused in Abu Ghraib prison scandal
A military contractor accused of contributing to the abuse of detainees at Iraq’s Abu Ghraib prison two decades ago is again on trial in a federal courtroom after a long-awaited civil case earlier this year ended with a hung jury
30.10 / 17:25
markets
Digital
Fighting
security
War
PAM
New Hezbollah leader says will accept ceasefire with Israel if terms 'suitable'
Hezbollah's new leader Naim Qassem on Wednesday said the group would agree to a ceasefire with Israel under acceptable terms, but added that a viable deal has yet to be presented. Qassem, who was named Hezbollah secretary-general on Tuesday, did not explicitly link a Lebanon ceasefire to an end to fighting in Gaza, a position previously held by the Iran-backed group. «If the Israelis decide that they want to stop the aggression, we say we accept, but under the conditions that we see as appropriate and suitable,» Qassem said in a pre-recorded speech, his first since he was named the group's new leader.
30.10 / 10:29
markets
Racing
economy
Election
War
country
reports
Global news wrap: US election, China stimulus, rising debt, climate crisis
Subscribe to enjoy similar stories. Every month, Mint's Plain Facts section gives you an update on key global data to threads together the big developments worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it could affect India.
30.10 / 10:15
markets
security
Experts
War
PAM
reports
U.S. said to be working on 60-day truce to end war in Lebanon
The sources — a person briefed on the talks and a senior diplomat working on Lebanon — said the two-month period would be used to finalise full implementation of United Nations Security Council Resolution 1701, adopted in 2006 to keep southern Lebanon free of arms that do not belong to the Lebanese state. The U.S. Embassy in Lebanon did not immediately respond to a request for comment.
30.10 / 08:19
markets
UPS
Digital
War
PAM
Israel short on soldiers after year of war
Gaza war, the Israeli army's reservists are exhausted and it is struggling to recruit soldiers just as it opens a new front in Lebanon. Some 300,000 reservists have been called up since the Hamas attack of October 7, 2023, according to the army, 18 percent of them men over 40 who should have been exempted. Military service is mandatory from the age of 18 for Israeli men and women, though several exemptions apply.
30.10 / 07:21
30.10 / 07:21
30.10 / 03:59
Target
Trade
War
reports
International
How the Houthis went from ragtag rebels to global threat
Subscribe to enjoy similar stories. Iran’s “axis of resistance" has suffered a series of blows delivered by Israel over the past month, including operations targeting the leadership of Hamas in Gaza and Hezbollah, and a strike last week on Iran’s missile-making facilities used, in part, to supply the groups. That hasn’t stopped Yemen’s Houthis from targeting more ships this week in the Red Sea with drones and missiles, the latest demonstration of how an escalating regional war appears to be boosting a once minor Iran-backed player in the region.
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