Skip to main content

Financial Times report claims Hegseth broker sought defence investments before Iran war

A broker for United States Defense Secretary Pete Hegseth sought to make a significant investment in major defence companies in the days before the Iran war, according to the Financial Times (FT). The Pentagon, however, has dismissed the report. According to CNBC, FT reported Tuesday that Hegseth’s broker at banking giant Morgan Stanley contacted BlackRock in February about making a multimillion-dollar investment in its iShares Defense Industrials Active ETF. The ETF, which has about $3.1 billion in assets, counts companies such as RTX Corp, Lockheed Martin, and Northrop Grumman, among its largest holdings, BlackRock data showed. The CNBC report states that according to the London Stock Exchange Group (LSEG) data, the ETF has lost 12.4% in the past month, around the time when the Iran war started. Read: Crude oil tanker off Dubai hit by Iranian strike after Trump's latest threats FT also said that the investment discussed by Hegseth’s broker did not move forward as the fund wa...

62 Israeli Knesset members back, 47 oppose Palestinian prisoners’ death penalty law

Israel’s Knesset approved a controversial law on Monday allowing the death penalty for Palestinian prisoners, with 62 lawmakers voting in favour, 47 against and one abstaining, according to an official Knesset voting record. A contentious bill introduced by the far-right Jewish Power party led by National Security Minister Itamar Ben-Gvir was approved in its second and third readings in the Knesset. Prime Minister Benjamin Netanyahu voted in favour of the bill, according to Israeli media. The bill passed its first reading in November. Critics say the bill’s scope would, in practice, apply almost exclusively to Palestinian prisoners, raising concerns over discriminatory enforcement. The vote exposed sharp divisions between the ruling coalition and opposition, including Arab parties. SOURCE: ANADOLU AGENCY The bill was heavily favoured by right-wing and religious coalition parties such as Likud (led by Netanyahu), Shas, Religious Zionism, and Jewish Power (colored in red). Centrist and left-leaning groups like Yesh Atid, National Unity, and Arab parties, including Ra’am and Hadash-Ta’al, led the opposition, even though Hadash Ta'al has not aligned itself with either political bloc (coloured in blue). Figures like Yair Lapid and Benny Gantz were among those opposing the measure, highlighting a widening gap between the government and opposition blocs. United Torah Judaism showed internal division, with members voting both for and against the motion. Israel’s ultra-Orthodox party, UTJ, announced it is quitting the country’s fractious right-wing coalition in July 2025 due to a long-running dispute over mandatory military service, threatening Netanyahu’s hold on power. Also Read: Israeli parliament rejects bill to label Qatar as ‘enemy state’ The bill to impose the death penalty on Palestinians, however, was passed despite significant opposition. Israel, as a part of its initial state reforms, banned the death penalty for ordinary murder, but kept it in place for treason. While it has historically only carried out a single death penalty, it kept in place the British emergency legislation – Defence (Emergency) Regulations – that stated national security offences as a basis for capital punishment to be enacted. Israel introduced the Nazi Criminals Prosecution Law in 1950, which imposed the death penalty for Nazi crimes. Holocaust architect Adolf Eichmann was hanged for genocide and crimes against humanity on June 1, 1962. When Israel occupied the territories of the West Bank and the Gaza Strip in 1967, the military law imposed in these territories also included the death penalty. The last death penalty was handed out to a Nazi guard, John Demjanjuk, but it was overturned in 1993. Since then, no Israeli prosecution has sought capital punishment until now.

from Latest World News, International News | Breaking World News https://ift.tt/eUTYxuX

Comments

Popular posts from this blog

At least 32 miners dead after bridge fails at cobalt site in southeast DR Congo

A bridge collapsed at a cobalt mine in southeast Democratic Republic of Congo killing at least 32 wildcat miners, a regional government official said Sunday. The bridge came down Saturday onto a flooded zone at the mine in Lualaba province, Roy Kaumba Mayonde, the provincial interior minister, told reporters. He said 32 bodies had been recovered and more were being searched for. The DRC produces more than 70 percent of the world supply of cobalt, which is essential for batteries used in electric cars, many laptop computers and mobile phones. More than 200,000 people are estimated to be working in giant illegal cobalt mines in the giant central African country. Local authorities said the bridge collapsed at the Kalando mine, about 42 kilometres (26 miles) southeast of the Lualaba provincial capital, Kolwezi. "Despite a formal ban on access to the site because of the heavy rain and the risk of a landslide, wildcat miners forced their way into the quarry," said Mayonde. He said ...

US, Philippines kick off joint military drills in South China Sea with 16,000 troops

Some 16,000 US and Philippine troops kicked off the annual joint military drills on Monday in the West Philippine Sea (WPS), local media reported. WPS is the official designation by Philippines to the parts of the South China Sea that are included in the country's exclusive economic zone. The 19-day exercises, dubbed "Balikatan 2024," will involve around 5,000 Philippine and 11,000 US troops, making it the largest joint military drills between the two allies conducted in decades, local English daily Manila Times reported citing the military. A total of 14 nations, including Japan and India, will take part in the drills as observers amid mounting maritime tensions in the South China Sea. Contingents from the Australian Defence Force and the French Navy will also join the exercise as participants. Read also: China urges US to stop using Philippines as a pawn to destabilise South China Sea France will join the group sail but will only navigate on the edge of the Philippine E...

Indian devotees splurge on jets, gold idols as Hindu temple opens

The private jet parking lots at airports near the Indian city of Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of Hinduism's holiest temples. Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. The construction of the temple, which began after the Supreme Court awarded the site to Hindus in 2019 more than two decades after a Hindu mob razed a mosque there, triggering deadly riots, fulfils a key campaign promise of Modi and his Hindu nationalist party. Read BJP-promised temple transforms Ayodhya: Muslims, locals feel neglected The opening ceremony, organised by the trust that built the temple, comes months before a national election which the ruling Bharatiya Janata Party is widely expected to w...