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Morning news brief: Biden makes $150 million commitment to ASEAN leaders, and more
WION - world News Releases (RSS)

US President Joe Biden has made energy and security pledges worth $150 million to Southeast Asian leaders during a summit in Washington.ร‚ Setting se

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Kiev Approves Bill on Forced Seizure of Russian Property - including banks

Ukrainian authorities will begin forcibly seizing the assets of two major Russian banks in the country, Sberbank and VEB.RF, according reports citing a Ukraine Supreme Council decision on Thursday.

Kiev will withdraw 99.8% of the shares of Prominvestbank (PIB) owned by Russian state corporation VEB.RF, and 100% of the shares of the International Reserve Bank (MR Bank), owned by Sberbank.

Financial assets will also be withdrawn in the form of rights to claim liabilities - worth over half-a-billion dollars.

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'Critical to have right leaders': Twitter CEO Parag Agrawal halts hiring, fires executives
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Twitter CEO Parag Agrawal has halted hiring in the microblogging platform after firing the head of revenue product Bruce Falck and consumer product

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Taiwan warns Australia of threat at its โ€˜doorstepโ€™
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Growing Chinese influence should be a major concern for Canberra, Taiwanโ€™s top diplomat said

A senior Taiwanese official has urged Australia and other โ€œlike-mindedโ€ countries to be wary of Chinese military ambitions in the Indo-Pacific, citing a recent security pact signed with the Solomon Islands and Beijingโ€™s alleged creeping โ€œauthoritarianismโ€ in the region.

Speaking during an interview with Australiaโ€™s SBS News on Friday, Taiwa...

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โ—๏ธUS senators propose sanctions against Mir payment system

Republicans say that the Russian payment system "Mir" can be used as means of circumventing economic sanctions.

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Ruble Worldโ€™s Top Performing Currency Against US Dollar - Up 11%

Despite the raft of sanctions designed to cripple the Russian economy, the ruble has been the best-performing global currency against the US dollar in 2022, gaining 11% according to Bloomberg data.

Insisting oil payments be made in rubles has boosted the Russian currencyโ€™s value to outperform the Brazilian real (9% gain on USD), as more EU buyers comply with Moscowโ€™s payment demands.

It isnโ€™t just the dollar that the ruble has gained ground on - the Moscow Exchange traded the euro at 68 to the ruble for the first time since January 2020.

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โ—๏ธSanctions against Russia will not bring peace to Ukraine, but will provoke food, energy and financial crises around the world - Chinese Deputy Representative to the UN

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UN To Discuss Taliban Order For Women Face Covering

The UN Security Council will convene Thursday to discuss the Talibanโ€™s order for Afghan women to cover their faces and stay at home unless essential, or risk their male relatives being jailed.

It marks a return to hardline rules that characterized Taliban rule from 1996-2001, when women were barred from work and school.

The group also walked back on promises to open high schools to girls in March.

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Russian 'Alligators' destroy Ukrainian ammo depots



Russian military's Ka-52 'Alligator' helicopters deploy missiles at armored vehicles and ammunition depots of the Ukrainian Armed Forces

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Israel Foils 'Hamas Arms Smugglers'

A joint operation between Israelโ€™s security forces has thwarted an alleged Hamas attempt to smuggle arms from the Gaza Strip to Egyptโ€™s Sinai.

Three Palestinians have been arrested from the operation a few weeks back, but details were barred from being published until this Wednesday.

The IDF did not disclose what was being smuggled but said one detainee was arrested for a similar offense before.

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Airliner Bursts into Flames After Skidding Off Runway in China

Dozens of passengers were injured while fleeing the Tibet Airlines jet in south-west China.

Officials say one of the engines scraped the runway during takeoff from Chongqing Airport on Thursday morning.

All 122 people on board โ€“ including 113 passengers and nine flight crew โ€“ were safely evacuated, Tibet Airlines said, though around 40 were taken to the hospital for treatment for minor injuries.

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