10-02-2023 LONDON: Up to 15 million people face risk of catastrophic flooding from glacial lakes which could burst their natural dams at any moment, a new study finds. The study led by Newcastle University is the first global attempt to map potential hotspots for such floods. As the climate warms, …
Read More »Japan arrests alleged ringleaders of ‘Luffy’ crime spree
10-02-2023 TOKYO: Japanese police have arrested four men for allegedly orchestrating scams and robberies while jailed overseas, in a case that has gripped the country. Authorities say they targeted the elderly, and stole or cheated their victims of billions of yen. From their jail in the Philippines, the men managed …
Read More »Pakistan seeks bailout to stave off economic collapse
10-02-2023 By SJA Jafri + Bureau Report ISLAMABAD/ KARACHI: Pakistan is holding last-ditch talks with the International Monetary Fund (IMF) to secure help to stem a deepening economic crisis that has all but emptied its foreign exchange reserves. It has enough dollars to cover less than a month of imports …
Read More »India’s Adani shares fall after MSCI review of free-float status
10-02-2023 Bureau Report NEW DELHI: Global stock index compiler MSCI says it is reviewing the status of equities in India’s Adani Group, ending a brief rally for the troubled conglomerate, as it fends off allegations of market manipulation. In a statement published early on Thursday India time, the United States-based …
Read More »N Korea shows off largest-ever number of nuclear missiles
10-02-2023 PYONGYANG/ SEOUL: Nuclear-armed North Korea showcased its missile production muscle during a nighttime parade, state media reported on Thursday, displaying more intercontinental ballistic missiles (ICBMs) than ever before and hinting at a new solid-fuel weapon. The country has forged ahead with its ballistic missile program, test-launching dozens of advanced …
Read More »Disney to lay off 7,000 workers by CEO Iger
10-02-2023 LOS ANGELES: Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated boss Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion in costs and make its streaming business profitable. The layoffs represent an estimated 3.6% of Disney’s global workforce. Shares of …
Read More »Hopes fade for finding more earthquake survivors
10-02-2023 DAMASCUS/ ISTANBUL: The death toll from the Turkey-Syria earthquakes has passed 17,000. At least 14,014 people have died in Turkey, according to the country’s President Recep Tayyip Erdogan, while at least 3,162 have been killed in Syria. The first UN aid convoy has reached rebel-held northwest Syria from Turkey. …
Read More »Chinese cameras in country are security risk: Australia
10-02-2023 Bureau Report + Agencies SYDNEY/ BEIJING: The Australian government will examine surveillance technology used in offices of the defence department, Defence Minister Richard Marles said on Thursday, amid reports that Chinese-made cameras installed there posed a security risk. The checks come after Britain in November asked its government departments …
Read More »Leader urges promotion of national unity in Iran
09-02-2023 TEHRAN: Emphasizing the necessity to strengthen national unity in Iran, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei warned that the real purpose of the enemy, mainly the US, is to bring the Islamic Republic to its knees. On the anniversary of the historic pledging allegiance of Iran …
Read More »Australia blocks coal mine to protect Barrier Reef
09-02-2023 Bureau Report + Agencies CANBERRA/ MELBOURNE: For the first time in history, Australia has blocked the creation of a coal mine under environmental laws. The government on Thursday rejected a proposal for a new mine about 10km (6.2 miles) from the Great Barrier Reef. Environment Minister Tanya Plibersek said …
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