Politics

Sunak braces for ‘massive disruption’ from strikes

Bloomberg Prime Minister Rishi Sunak’s spokesman, Jamie Davies, told reporters the government acknowledges the strikes hitting the UK are causing “massive disruption.” “If you look at rail specifically, it has hindered people’s ability to go to work, to get to school, to go about their daily lives,” Davies said. “We want the strikes to end; we don’t want to see ...

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Zelenskiy, BlackRock chief discuss postwar rebuilding

Bloomberg Ukrainian President Volodymyr Zelenskiy said he had discussed the postwar rebuilding effort with BlackRock Chief Executive Officer Larry Fink as his government prepares to participate in the World Economic Forum (WEF) in Davos next month. “Specialists of this company are already helping Ukraine to structure the fund for the reconstruction of our state,” Zelenskiy, who had a video call ...

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Japan election to come before tax hike: Kishida

Bloomberg Japanese Prime Minister Fumio Kishida said he expected the next general election to come before a possible hike in taxes that has met resistance from the public and is intended to fund his unprecedented expansion of defense spending. “We will be asking the people to take on an extra burden starting at an appropriate time between 2024 and 2027,” ...

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South Korea sends drones into North in unprecedented move

Bloomberg South Korea sent drones across the border into North Korea for the first time, an unprecedented tit-for-tat military move after Kim Jong-un’s regime dispatched five unmanned aerial vehicles into its air space. The exchange of drones, which briefly stopped flights from taking off at major airports near Seoul, came as Kim opened a major political meeting to set security, ...

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Ukraine must surrender or face continued war: Russia

Bloomberg Russian Foreign Minister Sergei Lavrov said Ukraine must surrender or face continued war, even as Moscow’s troops have been forced to retreat in a series of damaging defeats. In an interview with the state-run news service Tass, Lavrov said Ukraine must cede sovereignty over territories annexed by Russia since President Vladimir Putin’s February 24 invasion. He reiterated unfounded claims ...

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Taiwan extends military service on China row

Bloomberg Taiwan announced it is extending its compulsory military service to one year from the current four months, a signal to Beijing and Washington it is serious about defending itself. President Tsai Ing-wen said at a press briefing in Taipei that the change coming in 2024 was necessary to ensure international support and that China’s expansionism threatened regional stability. “This ...

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Serbian army put on highest alert over Kosovo tensions

Bloomberg Serbia’s President Aleksandar Vucic has ordered the nation’s army on full alert after weeks of rising tensions in neighbouring Kosovo where the local Serb minority has been confronting the authorities over new registration requirements, putting up road blockades and holding protests that threaten to tip into violence, the defense ministry says. “The President of the Republic of Serbia, as ...

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China holds biggest military drill near Taiwan since Pelosi trip

Bloomberg China sent 71 warplanes near Taiwan as a part of its biggest display of military might since US House Speaker Nancy Pelosi visited the democratically run island, with Taipei accusing Beijing of “military intimidation.” The Ministry of Defense in Taipei said the flights included 47 Chinese military aircraft that crossed either the median line of the Taiwan Strait or ...

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Drone attack on Russian bomber air base leaves three servicemen dead

Bloomberg Three servicemen were killed during a Ukrainian drone attack at a military air base in southern Russia that hosts strategic bombers, the Defense Ministry in Moscow said. The military personnel died from falling wreckage when Russian air defenses shot down the drone, the state-run Tass news service reported, citing the ministry. No aircraft were damaged, it said. It’s the ...

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Brazil to boost security for Lula inauguration after bomb threat

  Bloomberg Brazil will reevaluate the procedures for President elect Luiz Inacio Lula da Silva’s inauguration after an explosive near capital Brasilia’s international airport was disarmed, the country’s incoming justice minister said. Flavio Dino wrote in his official Twitter account that all procedures in the inauguration, set for January 1, “will be reassessed, with a view to strengthen security.” “President ...

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