Bernard Arnault, Chairman and CEO of Moet Hennessy Louis Vuitton (LVMH) has surpassed Elon Musk to become the richest man in the world. As per Forbes, the net worth of the French billionaire and his family grew to $207.6 billion after a $23.6 billion increase. On Friday, Mr. Arnault’s net worth passed the Tesla CEO’s $204.7 billion net worth, which dropped...
WORLD
Iran launches 3 satellites into space amid ballistic missile concerns
Iran on Sunday claimed it has successfully launched three satellites into space. The state-run IRNA news agency said the launch involved the successful use of Iran’s Simorgh rocket. It is the latest development in its program about which the West feels improves its ballistic missiles. Iran’s state TV named the launched satellites Mahda, Kayhan-2 and Hatef-1. As per its description,...
US Alerts Bahamas Travellers After 18 Murders Reported This Month
The US embassy in the Bahamas has issued a travel advisory, alerting people against visits to the island nation this winter. A surge in violence, with 18 murders reported in January, largely attributed to gang-related activities, has prompted concerns about tourist safety. US officials emphasised the severity of the situation, advising against any attempt to “physically resist” robbery. Travellers were...
Japan’s Spacecraft Makes Successful Pin-Point Landing On Moon
Japan’s “Moon Sniper” craft landed around 55 metres (180 feet) from its target, the country’s space agency said Thursday as it released the first images from the mission. The unmanned Smart Lander for Investigating Moon (SLIM), dubbed the “Moon Sniper” for its pin-point technology, had the goal of touching down within 100 metres (330 feet) of a specific landing spot....
Maldives President Under Fire Over His Government’s ‘Anti-India’ Stance
The Maldives government’s “anti-India stance” may turn out detrimental to the island nation’s development, the two main opposition parties have warned, two days after the administration announced a Chinese ship will be docking at their port. The words of caution by the Maldivian Democratic Party (MDP) and the Democrats comes amid strained ties between the two neighbours and the Maldives’...
Israel-Hamas War Halts India-Middle East-Europe Economic Corridor
A far-reaching plan to channel Europe-Asia trade through the Middle East is at risk of stalling before it even gets started. The Israel-Hamas war has halted progress on what’s known as the India-Middle East-Europe Economic Corridor – a project touted last year by Washington and key allies that envisages building new rail links across the Arabian peninsula. As Houthi attacks...
Russian Plane With 65 Prisoners Of War Crashes, Goes Up In Flames
A Russian IL-76, a heavy lift military transport aircraft crashed with 65 Ukrainian Prisoners of Wars (POWs) in the Belgorod region of Russia, which borders the region. A video of the crash showed the aircraft rapidly losing altitude and heading straight toward the ground, the IL-76 is out of pilot’s control and crashes near a residential area. The aircraft crashed on...
Big Win For Trump In Presidential Run-Up, Setback For Nikki
Donald Trump won the key New Hampshire primary Tuesday, moving him ever closer to locking in the Republican presidential nomination and securing an extraordinary White House rematch with Joe Biden. With vote counting ongoing, it was unclear if Trump had secured the knockout victory to put his sole remaining challenger out of the contest. In a speech following the vote, the...
Ship Attacks, Air Strikes Amid Red Sea Crisis: A Timeline Of Recent Events
US and UK strikes on rebel-held Yemen have marked a sharp rise in tensions around the Red Sea, where Iran-backed Houthi insurgents have been attacking shipping. The Houthi attacks since November, which the group says target vessels linked to Israel and are in support of Gaza, have disrupted shipping in the vital route which normally carries around 12 percent of...
Australia Ex PM Quits Politics For “New Challenges In Corporate Sector”
Former Australian prime minister Scott Morrison on Tuesday said he was leaving politics to pursue a business career, calling time on a contentious career. The veteran politician announced he was stepping down as representative for a Sydney suburb next month, after 16 years in parliament. Morrison said he would “take on new challenges in the global corporate sector.” The conservative...
Biden, UK PM Sunak spoke about Middle East, Ukraine
They talked about what’s going on in the Red Sea and the need for a continued international multilateral approach to disrupting and degrading Houthi capabilities,” White House spokesman John Kirby told reporters in Washington. Biden and Sunak also spoke about the need to bring down the number of civilian casualties and to increase the flow of humanitarian assistance into Gaza...
N Korea conducts ‘underwater nuclear weapons system’ test
The underwater drone, which supposedly can carry a nuclear weapon, was tested off the east coast, state media said. There is no other evidence of the tests being conducted and Seoul had earlier said the North’s descriptions of the drones’ capability were exaggerated. South Korea called the reported tests a “provocation”. It “threatens peace on [the] Korean Peninsula and the...