North Korea shows off nuclear arsenal at night-time parade
Kim Jong Un and his daughter took centre stage at a military parade featuring North Korea’s latest nuclear missiles.
Credit Suisse axes top bosses’ bonuses after biggest loss since financial crisis
Swiss bank is cutting 9,000 jobs in restructuring programme after series of scandalsCredit Suisse has scrapped its annual bonus for top executives after the scandal-hit Swiss bank reported its worst full-year loss since the 2008 banking crisis.The lend…
NYU’s ‘Dean of Valuation’ says Adani Group exploited ‘weakest links’ in Indian institutions
The finance professor at the Stern school of business said fundamentals “never come into play” for Indian markets.
The Iran-Iraq War and the Lessons for Ukraine
Wars are much like Russian author Leo Tolstoy’s unhappy families. They are each wars in their own way. Historical comparisons can be simplistic and lead to false assumptions resulting from myopic thinking. There is no seamlessly transferrable model, bu…
The Somme in the Sky: Lessons from the Russo-Ukrainian Air War
The skies over Ukraine resemble an aerial version of the World War I Battle of the Somme. In contrast to the first frenzied days over Kyiv, neither side is attempting to penetrate deep into the other’s airspace. Much like the machine guns in the French…
P&I clubs set $80m excess war risk cover limit for Russia
Move comes following the exclusion clauses set by International Group’s reinsurers
UK charities to launch emergency appeal for Turkey and Syria earthquakes
Disasters Emergency Committee coordinates rapid response by 14 charities including British Red CrossTurkey and Syria earthquake – latest news updatesBritish humanitarian charities are to launch an appeal to raise funds for people affected by the earthq…
Beijing calls US claims over balloons ‘information warfare’
China says U_S_ accusations that a downed Chinese balloon was part of an extensive surveillance program amount to “information warfare against China.”.
German politicians and military chiefs suggest return of conscription
Berlin government attempts to pour cold water over prominent voices seeking to reverse Merkel-era phase outPolitical and military figures in Germany have suggested a return of compulsory military service after the new defence minister described the 201…