The European Investment Fund has defended a past investment that indirectly reached Israeli company Paragon Solutions, after renewed scrutiny over spyware use against journalists and civil society figures.The fund said the financing met its eligibility criteria.Gauthier Monjanel, an adviser to the fund's chief executive, told lawmakers in the European Parliament's civil liberties committee on Thursday that the EIF continues to support cyber security because it sees it as important for protecting citizens.He said the company had developed lawful interception technology focused on law enforcement.Monjanel added that any illegal use of the technology remains unacceptable.The comments came after reporting linked the... [Continue Reading]
Chinese companies invested US$6.1bn in Brazil in 2025, making the country Beijing's top destination for overseas investment, according to a report cited on Thursday.The figure was up 45% from the previous year and far outpaced the 4.8% rise in total foreign investment into Brazil.It also exceeded the 1.3% growth in China's worldwide outbound flows.The report said Brazil accounted for 10.9% of all Chinese overseas capital, ahead of the US at 6.8%.Chinese miners, carmakers and technology firms were active across 20 Brazilian states.The findings matter because they point to a broader shift in Chinese capital towards sectors such as mining, manufacturing... [Continue Reading]
Turkiye has unveiled a prototype intercontinental ballistic missile named Yildirimhan at a defence exhibition in Istanbul.The missile was shown at the SAHA 2026 Defence and Aerospace Exhibition at the Istanbul Expo Centre on Tuesday.The missile is described as having a range of 6,000km, a maximum speed of Mach 25 and a payload capacity of 3,000kg.It was developed by the Defence Ministry's research and development centre, according to the supplied report.Turkiye has not begun production of the missile yet.Defence Minister Yasar Guler addressed the exhibition in Istanbul and said Turkiye offers allies not only weapon systems but also technology and a... [Continue Reading]
Japan has said it will broaden the transfer of defence equipment to selected partners, in a move that reflects growing efforts by US allies in Asia to build closer middle-power coalitions.The policy shift was confirmed by Japan's cabinet chief, Minoru Kihara, who said it was intended to safeguard Japan's security and contribute to peace and stability in the region.Under the new approach, Tokyo will still avoid sending armaments to countries engaged in conflict.The change means as many as 17 major defence partners can now benefit from Japanese military technology.Japan had previously limited exports under its post-war pacifist constitution to non-lethal... [Continue Reading]
ABU DHABI, 6 May 2026 , The UAE Minister of Investment said the country attracted approximately 251 foreign direct investment projects in its industrial sector between 2015 and 2024, with total capital commitments of nearly US$33 billion. Mohamed Hassan Alsuwaidi said those projects generated more than 38,000 jobs. He described the figures as evidence of growing investor confidence in the UAE's industrial capabilities. Speaking to Emirates News Agency (WAM) on the sidelines of the "Make it in the Emirates 2026" event, Alsuwaidi said manufacturing has become the fifth-largest recipient of foreign direct investment in the UAE. He said the sector... [Continue Reading]
The European Union has proposed new rules to simplify cookie consent on websites by introducing a 'one-click' option to reject all cookies.This initiative aims to reduce the time users spend managing cookie preferences and enhance privacy controls.Under the current system, users must actively consent to cookies on most websites, as mandated by the EU's General Data Protection Regulation (GDPR) and the e-Privacy Directive.The new proposal seeks to merge these two frameworks to streamline consent processes.The changes are expected to save users approximately 198 million hours annually by reducing the repetitive task of accepting or rejecting cookies on every website visit.The... [Continue Reading]
Hezbollah has begun using explosive drones controlled by fiber-optic cables to attack Israeli troops.This new tactic was reported on April 30, 2026, marking a significant development in the ongoing conflict between the two sides.The drones are operated via fiber-optic cables, a technology similar to that employed in the Ukraine conflict.This method allows for precise control and potentially reduces the risk of electronic interference.There have been no immediate reports on casualties or the extent of disruption caused by these attacks.Israeli forces have not yet issued an official response regarding this new threat.The introduction of fiber-optic cable-controlled drones represents a tactical evolution... [Continue Reading]
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
Yesterday the war crossed a line! For years the Sejjil ballistic missile existed mostly as a symbol. A weapon paraded in military videos, discussed in defense briefings, whispered about in strategic circles as one of Iran’s most serious capabilities. A weapon that analysts described as deterrence, not something meant to be used. But on March 15, 2026, that line disappeared. Iran reportedly launched the Sejjil (also known as Ashoura) as part of what Tehran called the 54th wave of Operation True Promise 4, a massive strike package that also included the Fattah hypersonic missile and the Qadr ballistic missile system.... [Continue Reading]
For two decades I have watched wars unfold not only on battlefields, but on screens. Today’s incident over Kuwait, involving the downing of a U.S. F-15 Strike Eagle, is not just another headline in the Iran conflict. It may be a signal that something larger is unfolding behind the noise. Iranian state outlets rapidly circulated imagery of an ejected pilot. Washington responded cautiously. But beneath the spectacle lies a deeper question, whose technology was truly being tested? The Gulf as a live-fire laboratory For years, China has refined export-ready variants of its air defense systems, particularly the HQ-9 family and... [Continue Reading]