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Top News

Collapsed crypto giant FTX recovers $5bn of assets

13-01-2023 NEW YORK: Collapsed cryptocurrency exchange FTX has located more than $5bn (£4.1bn) of assets, an attorney for the firm says. However, a US bankruptcy court was told on Wednesday that the extent of losses to customers is still not known. Prosecutors have accused FTX’s former chief executive Sam Bankman-Fried …

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Second batch of classified Biden documents found

13-01-2023 WASHINGTON: US President Joe Biden’s aides have found a fresh batch of classified government records at a second location, in a growing political embarrassment for the White House. The first cache was found at a private office in Washington DC that Biden used after his vice-presidency. The matter is …

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India top court says demonetization was legal

13-01-2023 Bureau Report + Agencies NEW DELHI/ MUMBAI: In the hours after Prime Minister Narendra Modi made a shock announcement making 86 percent of India’s currency notes invalid on November 8, 2016, Mujammil Khan’s life changed at a pace he could not keep up with. Overnight, Khan’s livelihood as an …

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Will Israel and Russia forge closer ties under Netanyahu?

13-01-2023 JERUSALEM/ MOSCOW: Israel’s new government, led by Prime Minister Benjamin Netanyahu, has primarily made headlines domestically, and for its policies towards Palestinians, since coming into power late last year but on foreign policy, particularly regarding Russia’s war in Ukraine, some argue that Israel’s most right-wing government yet is inclined …

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Jailed Iran activist describes brutality in letter

12-01-2023 TEHRAN: One of Iran’s most prominent female activists has described how confessions are forced out of prisoners, in a letter written inside a notorious jail. Sepideh Qolian has been serving a five-year sentence since 2018 after being convicted of acting “against national security” for supporting a strike. Writing from …

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