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As diplomats met in Paris to lower tensions between Ukraine and Russia, a number of incidents on the ground in Ukraine are fanning the flames. UN chief Ban Ki-moon has called on both sides to “lower their temperature.” While there have been no indications of outright violence, instances of intimidation and unrest have been reported in Crimea on Wednesday. Robert Serry, a special United Nations envoy in the autonomous Ukrainian region on an observer mission, […]
Saudi Arabia, the United Arab Emirates (UAE) and Bahrain have said they are withdrawing their ambassadors from Qatar over its alleged breach of a regional security deal not to interfere in each other’s internal affairs. The three countries announced the move in a joint statement Wednesday after Qatar failed to implement the security agreement among the Gulf Arab countries. The statement said Gulf Cooperation Council (GCC) members had signed an agreement on November 23 not […]
In a raid on a ship allegedly bound for the Gaza Strip, the Israeli navy has seized rockets it claims to be from Iran. Israel said the weapons were destined for Palestinian militants, adding the evidence was “clear cut.” Israel announced that the raid had taken place early on Wednesday in the Red Sea. The navy intercepted a cargo ship sailing under the flag of Panama and carrying a crew of 17. According to the […]
(Reuters) – China announced its biggest rise in military spending in three years on Wednesday, a strong signal from President Xi Jinping that Beijing is not about to back away from its growing assertiveness in Asia, especially in disputed waters. The government said it would increase the defense budget by 12.2 percent this year to 808.23 billion yuan ($131.57 billion), as China seeks to develop more high-tech weapons and to beef up coastal and air […]
(Reuters) – Russian President Vladimir Putin has been nominated for the 2014 Nobel Peace Prize – but the conflict in Ukraine is also likely to be on the Nobel committee’s agenda. A record 278 candidates, including 47 organizations, received nominations for the 2014 prize, said the Norwegian Nobel Institute’s director, Geir Lundestad. Committee members who met on Tuesday added their own proposals with a focus on recent turmoil around the globe. “Part of the purpose […]
(Reuters) – High-level diplomatic efforts to resolve the crisis in Ukraine made little apparent headway at talks in Paris on Wednesday with Moscow and Washington at odds and Russia’s foreign minister refusing to recognize his Ukrainian counterpart. U.S. Secretary of State John Kerry said discussions would continue in the coming days in an attempt to stabilize the crisis and he expected to meet Russian Foreign Minister Sergei Lavrov again in Rome on Thursday. “Don’t assume […]
(Reuters) – Holed up on their bases, Ukraine’s besieged servicemen and the Russians surrounding them in Crimea are locked in a standoff that at times is tense and at others surreal. Almost a week after Russian forces began their swift and bloodless takeover of the Ukrainian Black Sea peninsula, there is a standoff as the two sides dig in and play a waiting game. The Russians have swatted down isolated attempts by the Ukrainian forces […]
(Reuters) – Followers of late socialist leader Hugo Chavez flooded the streets of Venezuela on Wednesday for the anniversary of his death, an emotional but welcome distraction for his successor from violent protests raging for the last month. A year after Chavez succumbed to cancer, his self-proclaimed “son,” President Nicolas Maduro, faces the biggest challenge to his rule from an explosion of anti-government demonstrations that have led to 18 deaths since February. Though the protests […]
By Dan Levine SAN FRANCISCO Wed Mar 5, 2014 3:43pm EST (Reuters) – A U.S. jury on Wednesday convicted a California businessman of stealing DuPont trade secrets to help a state-owned Chinese company develop a white pigment used in a wide range of products. In a San Francisco federal court, jurors found Walter Liew guilty on multiple counts including conspiracy to commit economic espionage and trade secret theft. U.S. prosecutors contended Liew paid former DuPont […]
(Reuters) — The streets of Christchurch were flooded on Wednesday (March 05) after one of the worst storms since 1975 hit New Zealand’s second biggest city overnight and in the early hours of the morning, local media said. Power was cut to hundreds of homes as emergency services were called in to rescue stranded motorists and sandbag businesses. One council worker, Sean Ryan-Harris described the scene. “We’ve seen a couple of cars, the waves themselves are actually going above their […]
(Reuters) – President Vladimir Putin delivered a robust defense of Russia’s actions in Crimea on Tuesday and said he would use force in Ukraine only as a last resort, easing market fears that East-West tension over the former Soviet republic could lead to war. But tension remained high on the ground. Russian forces fired warning shots in a confrontation with Ukrainian servicemen at an air base, and Russian navy ships were reported to have blockaded the strait […]
According to local market analyst, tensions in Ukraine may affect the local market with the oil-exporting sector being the hardest hit. The peso also suffered a downward spiral together with other regional currencies. The Philippine consulate in Ukraine sends its assurance that no Filipinos have been reported injured in the said country, despite the ongoing unrest.
