Section: Indonesia
Russia stirs anger with South Ossetia ‘annexation’ deal
Russia on Wednesday signed a wide-ranging alliance with Georgia’s breakaway region of South Ossetia that will further cement its control over the territory despite fierce condemnation from the West. President Vladimir Putin inked a deal in Moscow with South Ossetian leader Leonid Tibilov that officially makes Russia responsible for...
New Malaysia airline eyes $1.5 b Bombadier deal
A new Malaysian airline said Tuesday it intends to buy 20 Bombadier CS100 aircraft in a US$1.47 billion deal as it looks to tap Southeast Asia’s fast growing travel market. The new firm, flymojo, made the announcement at the start of the the five-day International Maritime and Aerospace (LIMA) exhibition in Langkawi, Malaysia. The deal,...
Study: China has grown to world’s 3rd-biggest arms exporter
China has overtaken Germany to become the world’s third-biggest arms exporter, although its 5 percent share remains small compared to the combined 58 percent of exports from the US and Russia, a new study says. China’s share of the global arms market rose 143 percent from 2010 to 2014, a period during which the total volume of global...
It’s not easy to achieve 7% economic growth, says Chinese premier
Achieving its 7 per cent economic growth target is no easy feat, Premier Li Keqiang said, noting that the government recognised the presence of “considerable downward pressure” on China’s growth.Li, during a press conference at the Great Hall of the People here yesterday, told reporters that China’s 2015 target was equivalent to a...
Institute: China now world’s third-biggest arms exporter
China has overtaken Germany to become the world’s third-biggest arms exporter, although its 5 percent of the market remains small compared to the combined 58 percent of exports from the U.S. and Russia, a new study says.China’s share of the global arms market rose 143 percent during the years from 2010-2014, a period during which the...
Putin: Russia prepared raising nuclear readiness over Crimea
Russia was ready to bring its nuclear weapons into a state of alert during last year’s tensions over the Crimean Peninsula and the overthrow of Ukraine’s president, President Vladimir Putin said in remarks aired on Sunday.Putin’s comments, in a documentary being shown on state TV, highlight the extent to which alarm spread in...
Japan, France sign joint military research pact
France and Japan agreed Friday to work together on researching military equipment, as Tokyo looks to broaden its defence ties and bolster its international profile.In the latest in a spate of so-called “2+2” meetings, involving defence and foreign ministers, the fellow G7 members signalled a closer working relationship.In a joint...
Politics Intrude as Cybersecurity Firms Hunt Foreign Spies
San Francisco. The $71 billion cybersecurity industry is fragmenting along geopolitical lines as firms chase after government contracts, share information with spy agencies, and market themselves as protectors against attacks by other nations. Moscow-based cybersecurity firm Kaspersky Lab has become a leading authority on American computer...
Astronauts return to Earth on Russian Soyuz spaceship
Two Russian cosmonauts and an American astronaut on Thursday returned to Earth aboard a Soyuz space capsule after six months at the International Space Station. Yelena Serova — the first female Russian cosmonaut to have spent time on the ISS — landed along with Alexander Samokutyaev and Barry Wilmore in snowy Kazakhstan just after...
IMF approves $17.5b credit program for Ukraine
The International Monetary Fund agreed Wednesday to extend $17.5 billion in loans to Ukraine as part of a program designed to pull the country back from the verge of economic collapse.IMF managing director Christine Lagarde said in a statement that the new four-year extended arrangement will support economic stabilization and wide-ranging reforms...
