Two Baltic NATO members, Estonia and Latvia, are all set to begin negotiations to purchase the medium-range IRIS-T SLM defense system from its German manufacturer very soon. Both countries, which border Russia, have greatly increased their defense budgets since Moscow's full-scale invasion of Ukraine began in February last year. Neither of the nations possess an air force… and both have to heavily rely on NATO to patrol their airspace. Deliveries of the system, manufactured by weapons maker Diehl Defence, could begin next year and possibly become operational in 2025. If the deal goes ahead, it would be the biggest defense cooperation project ever concluded between Tallin and Riga, according to the Estonian Defense Minister. The two nations hope to finalize the contract and make an official announcement by this summer. No details on the number of systems or on the price were revealed, but the Defence Minister have indicated that the purchase would cost hundreds of millions of euros.
A joint investigation by the public broadcasters of Sweden, Denmark, Norway and Finland has alleged that Russia has a fleet of suspected spy ships operating in Nordic waters. These ships are reportedly being used to identify sites for potential sabotage of underwater cables and wind farms in the region. The investigation has been conducted by public broadcaster DR in Denmark, NRK in Norway, SVT in Sweden and Yle in Finland
#Northseasabotage #Russiasabotage #Nordicnations
Skåne County in southern Sweden is working to reduce the region's carbon footprint. Several localities and organisations now rely solely on renewable energies for their electricity, heating and transportation needs.
Credit: euronews (in English) Duration: 01:23Published
External Affairs Minister S Jaishankar used the popular Hindi phrase 'aapke muh mein ghee-shakkar' while responding to a question on the globalisation of Indian culture during his interaction with the Indian community members here, leaving them in laughter. Jaishankar, who is on a three-day visit to Sweden to participate in the EU Indo-Pacific Ministerial Forum (EIPMF), interacted with the Indian community in Sweden on Sunday evening and apprised them of the progress in the bilateral relationship. The minister spoke about the transformations underway in India and the opportunities it created for Indians living abroad. When asked whether in this age of globalisation, will the West start eating 'Pani Puri' instead of hamburger and will H&M T-shirts have New Delhi printed on it instead of New York, Jashankar said, "There is a term, which says 'aapke muh mein ghee-shakkar' (what you are saying, hope it comes true)" as the audience laughed and clapped.
#SJaishankar #JaishankarSweden #JaishankarReply #AapkeMuhMeinGheeShakkar
EU States Approve First-Ever , Global Comprehensive Crypto Rules.
The rules were approved at an EU finance minister meeting on May 16, CNBC reports.
Crypto regulation has been at the forefront of discussion since the collapse of FTX.
Recent events have confirmed the
urgent need for imposing rules which will better protect Europeans who have invested in these assets, and prevent the misuse of crypto industry for the purposes of money
laundering and financing of terrorism, Elisabeth Svantesson, finance minister for Sweden, via statement.
Now, any firm within the 27-country bloc
that wants "to issue, trade and safeguard" cryptocurrency must obtain a license, CNBC reports.
The new rules have undoubtedly put pressure on Britain, the U.S. and other countries to approve similar regulations, CNBC reports.
Britain has suggested a phased approach beginning with stablecoins and branching out to unbacked crypto assets, but the country hasn't established a timetable. .
The U.S. has been using existing securities rules and is still deciding if new rules are needed and who would enforce them.
Hester Peirce, a U.S. derivatives regulator commissioner, recently said that federal and state authorities remain uncertain about any oversight role they may offer in the crypto sector.
We are wandering
in the desert a bit, Hester Peirce, a U.S. derivatives
regulator commissioner, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Sameer Wankhede and others accused of serious irregularities in Mumbai cruise case; Tihar Superintendent gets notice over Satyendar Jain's request seeking two inmates; Siddaramaiah vs DK Shivakumar: Mallikarjun Kharge to decide who will be Karnataka CM; EAM S Jaishankar is on a three-day visit to Sweden, interacts with Indian diaspora there.
#ShahRukhKhan #SameerWankhede #MumbaiCruiseCase
As Turkey's election goes to a run-off on Sunday, 28 May, President Recep Tayyip Erdogan is hoping voters in the southern earthquake region will endorse his moderate Islamic message and give him the edge in the poll.
Credit: euronews (in English) Duration: 01:38Published
China has opposed the holding of a G20 meeting in Kashmir. On the other hand, Turkey and Saudi Arabia have not registered for the event to be held in Srinagar as well. On Friday, Chinese Foreign Ministry spokesperson Wang Wenbin said that China firmly opposes holding G20 meetings in any form in 'disputed' areas and will not attend such meetings. India countered the objection by saying it is free to hold meetings on its own territory.
#China #G20 #J&K
PM Modi is the ‘boss’, says Australian Prime Minister Anthony Albanese; Pakistan’s former PM Imran Khan gets bail from anti-terrorism court; Brazil declares animal health emergency amid Avian flu cases; 6 killed in attack on Hungarian firm in Pakistan
#PMModi #AnthonyAlbanese #PMModiAustralia