Connect with us

World

Adani's Bribery Scandal Raises Concern on Market, Public Disclosure Lapses

Published

on

Adani's Bribery Scandal Raises Concern on Market, Public Disclosure Lapses
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – In March, Adani Group’s head of corporate finance wrote an email to one of its lenders, calling as “baseless” a media report on the group’s alleged bribery investigation in the United States. That email was also marked to top finance executive …

World

Zelenskyy seeks 50,000 Russian ‘losses’ a month to win the Ukraine war

Published

on

Zelenskyy seeks 50,000 Russian ‘losses’ a month to win the Ukraine war

Ukrainian President Volodymyr Zelenskyy says he plans to increase his armed forces’ lethality as part of a strategy to disarm Moscow and turn a deadlocked negotiating table.

“The task of Ukrainian units is to ensure a level of destruction of the occupier at which Russian losses exceed the number of reinforcements they can send to their forces each month,” he told military personnel on Monday.

Recommended Stories

list of 4 itemsend of list

“We are talking about 50,000 Russian losses per month, this is the optimal level,” he said.

Video analysis, Zelenskyy recently said, showed 35,000 confirmed kills in December 2025, up from 30,000 in November and 26,000 in October. But on Monday, he clarified that the 35,000 were “killed and badly wounded occupiers”, who would not be returning to the battlefield.

His commander in chief, Oleksandr Syrskii, conservatively estimated “more than 33,000” confirmed kills in December.

Advertisement

Ukraine believes it has killed or maimed 1.2 million Russians since Russia’s full-scale invasion in 2022.

The Center for Strategic and International Studies recently estimated that Russia had suffered 1.2mn casualties, including at least 325,000 deaths, and Ukraine up to 600,000 casualties, with as many as 140,000 deaths.

Al Jazeera cannot confirm casualty estimates from either side.

The war is currently stalemated, with Russia struggling to make meaningful territorial gains.

Advertisement

Russia held just more than a quarter of Ukraine a month into its full-scale war, in March 2022, according to geolocated footage.

The following month, Ukraine pushed Russian forces back from a string of northern cities – Kyiv, Kharkiv, Sumy and Chernihiv – leaving Russia in possession of one-fifth of the country.

In August and September 2022, then-ground forces commander Syrskii masterminded a campaign to push Russian forces east of the Oskil River in the northern Kharkiv region, and Russia itself withdrew east of the Dnipro River in the southern region of Kherson, leaving it with 17.8 percent of the country.

In the last three years, Russia increased that number to 19.3 percent.

For almost six months, Russia has struggled to seize two towns it has almost surrounded with 150,000 troops in Ukraine’s eastern Donetsk region.

Advertisement

“In Pokrovsk and Myrnohrad, the Ukrainian Defence Forces continue to contain the enemy, which is trying to infiltrate the northern districts of both cities in small groups,” Syrskii said last week.

Russia claimed it had captured the northern city of Kupiansk last month, but Russian military reporters say Ukrainian forces have retaken control of the town and surrounded the Russian assault force within it.

The engine of war

Zelenskyy’s strategy involves increasing domestic drone production and honing the skills of drone operators, because drones now hit 80 percent of targets on the battlefield.

“In just the past year alone, 819,737 targets were hit – hit by drones. And we clearly record every single hit,” he said on Monday.

The military has instituted a point system, rewarding drone operators for the number and precision of their hits.

Advertisement

That reflects a system put in place in April 2024, offering financial rewards to ground troops for destroying Russian battlefield equipment, culminating in $23,000 for capturing a battle tank.

Zelenskyy appointed Mykhailo Fedorov as defence minister this month, who previously served as digital transformation minister and deputy prime minister for innovation, education, science and technology.

INTERACTIVE-WHO CONTROLS WHAT IN EASTERN UKRAINE copy-1769615858

Last week, Fedorov began to appoint his advisers. They include Serhiy Sternenko, who last year created Ukraine’s largest non-state supplier of military drones, to step up drone production. Fedorov’s former deputy at the digital transformation ministry, Valeriya Ionan, was put in charge of international collaborations, thanks to her experience with Silicon Valley giants like Google and Cisco. Fedorov also appointed Serhiy Beskrestnov as technological adviser. Beskrestnov is an expert on Russian drone and electronic warfare innovation.

Russian assaults pound Ukraine

Zelenskyy’s war aims stem in part from the fact that Russia refuses to give up its campaign to seize more of Ukraine.

Despite US President Donald Trump’s efforts to bring about a ceasefire, talks remain deadlocked over the future of Donetsk.

Advertisement

Russia’s worst attack against Ukrainian cities and energy facilities last week came on Saturday, involving 375 drones and 21 missiles, as Russian, US and Ukrainian delegations were negotiating a ceasefire in Abu Dhabi.

The strike left 1.2 million homes without power nationwide, including 6,000 in Kyiv.

Energy Minister Denys Shmyhal said 800,000 homes in Kyiv were still without power following three previous strikes this month. “Constant enemy attacks unfortunately keep the situation from being stabilised,” he wrote on social media.

INTERACTIVE-WHO CONTROLS WHAT IN SOUTHERN UKRAINE-1769615861

Zelenskyy told Ukrainians in an evening video address that electricity supply problems were still widespread in Kyiv, Kryvyi Rih, Dnipro and in the Chernihiv and Sumy regions.

“We are scaling up assistance points and warming centers,” he said, adding that 174 [crews] were working to fix the damage in Kyiv alone. Shmyal said 710,000 people were still without power in Kyiv.

Advertisement

A Czech grassroots initiative fundraised $6m to buy hundreds of electric generators for Ukrainian households. On Friday, the European Commission said it was sending 447 generators to Ukraine.

On Wednesday, Russian drones killed three people. Two of them were a young couple in Kyiv killed when a drone struck their apartment building. Rescuers found only their four-year-old daughter alive.

“When I carried her out, the girl started crying very hard, and then she began to shake violently,” said Marian Kushnir, a journalist who was a neighbour of the couple.

At least five more people died when a drone struck a passenger train in the northern Kharkiv region, and two children and a pregnant woman were wounded when 50 drones rained down on the southern port of Odesa.

Talks in Abu Dhabi ended without a ceasefire. Kremlin spokesman Dmitry Peskov had said before they began that Russia was not willing to compromise on any of its territorial demands.

Advertisement

US Secretary of State Marco Rubio said talks were focusing on the nub of disagreement between the two sides, which is Ukraine’s refusal to hand over the remaining one-fifth of Donetsk that Moscow does not control.

Talks are scheduled to continue in Abu Dhabi on Sunday, officials said.

Unvarnished truth from Zelenskyy

In a scathing speech to the World Economic Forum in Davos, Zelenskyy accused his European allies of “wait-hoping” the Russian threat would disappear after almost four years of war in Ukraine.

“Europe relies only on the belief that if danger comes, NATO will act. But no one has really seen the Alliance in action. If Putin decides to take Lithuania or strike Poland, who will respond?” Zelenskyy asked.

US President Donald Trump’s threat to take Greenland by force on January 17, he said, revealed Europe’s lack of readiness when seven Nordic countries sent 40 soldiers to the island.

Advertisement

“If you send 30 or 40 soldiers to Greenland – what is that for? What message does it send? What’s the message to [Russian President Vladimir] Putin? To China? And even more importantly, what message does it send to Denmark – the most important – your close ally?”

INTERACTIVE Ukraine Refugees-1769615853

In contrast, said Zelenskyy, Trump was willing to seize Russian tankers selling sanctioned oil, and put Venezuelan President Nicolas Maduro on drug charges, while Putin, an indicted war criminal, remained free. “No security guarantees work without the US,” he said.

NATO Secretary-General Mark Rutte echoed those sentiments in a speech to the European Parliament on Monday [January 26].

“If anyone thinks here . . . that the European Union or Europe as a whole can defend itself without the US, keep on dreaming,” he said. “You can’t.”

Advertisement
Continue Reading

World

FACT FOCUS: A look at false and misleading claims made during Trump’s first cabinet meeting of 2026

Published

on

FACT FOCUS: A look at false and misleading claims made during Trump’s first cabinet meeting of 2026

President Donald Trump held his first cabinet meeting of 2026 on Friday, focusing on the economy, housing, energy, health initiatives and drug prices. But while he painted a rosy picture of his administration’s accomplishments, some of his boasts —- and that of other officials —- were off the mark.

Here’s a look at the facts.

Investments

TRUMP: “$18 trillion is being invested now.”

THE FACTS: Trump has presented no evidence that he’s secured this much domestic or foreign investment in the U.S. Based on statements from various companies, foreign countries and the White House’s own website, that figure appears to be exaggerated, highly speculative and far higher than the actual sum.

The White House website offers a far lower number, $9.6 trillion, and that figure appears to include some investment commitments made during the Biden administration.

Advertisement

A study published Tuesday raises doubts about whether more than $5 trillion in investment commitments made last year by many of America’s biggest trading partners will actually materialize and questions how it would be spent if it did.

Housing

SCOTT TURNER, secretary of housing and urban development: “Because of your policy sir, home sales in December, they rose sharply to their strongest pace in three years.”

THE FACTS: That overstates what’s happening in the housing market, a persistent source of frustration for U.S. consumers.

The National Association of Realtors did report that the seasonally adjusted annual rate of home sales in December rose to 4.35 million units, “nearly” the highest in three years, as the trade association noted. But the sum was just a 1.4% year-over-year increase.

More importantly, it could have been a monthly blip as the association separately said that pending home sales in December had fallen 3% from a year ago.

Advertisement

Trump has said he wants to keep home prices high to increase people’s net worth, but doing so will likely keep construction levels low and price out possible first-time buyers.

California wildfires

TRUMP, discussing state and local permitting for rebuilding homes destroyed in the 2025 wildfires around Los Angeles: “They have been unable to give permits. There are like three houses being built out of thousands and thousands. They have no permits.”

THE FACTS: On Friday, Trump signed an executive order directing the Federal Emergency Management Agency and the Small Business Administration to find a way to issue regulations that would preempt state and local rules for obtaining permits and allow builders to “self-certify” that they have complied with “substantive health, safety, and building standards.”

According to Los Angeles county and city data, about 3,100 permits have been issued within the Palisades and Eaton fire zones as of Thursday. Fewer than a dozen residences have been rebuilt, but about 900 homes are under construction.

California Gov. Gavin Newsom responded to Trump on social media, saying local officials are moving at a fast pace. Newsom called on the Trump administration to approve the state’s $33.9 billion disaster aid request.

Advertisement

Survivor advocates also told The Associated Press that permits are not necessarily the primary obstacle for impacted households right now, as many still struggle to secure full insurance payouts, or face gaps of hundreds of thousands of dollars between what they’ve received and actual rebuilding costs.

Typically it takes about 18 months after a major wildfire for the permitting process to gain steam, according to Andrew Rumbach, co-lead of the Climate and Communities Program at the Urban Institute.

He pointed to the recovery pattern of a December 2021 blaze that erupted south of Boulder, Colorado, destroying more than 1,000 homes. After a year, the cleanup was mostly done and most permit applications were in. Then it took about six more months for the permits to be issued, he told the AP this month.

The two California fires killed 31 people and destroyed about 13,000 residential properties.

___

Advertisement

TRUMP, discussing the effects of the 2025 Los Angeles wildfires: “They should have allowed the water to come down from the Pacific Northwest, which was very plentiful. But they didn’t do that.”

THE FACTS: Contrary to Trump’s claim, no water supply from the Pacific Northwest connects to California’s system.

Most of California’s water comes from the northern part of the state, where it melts from mountain snow and runs into rivers that connect to the Sacramento-San Joaquin River Delta. From there, much of it is sent farther south to farmers and cities like Los Angeles through two large pumping and canal systems. One is run by the federal government and the other by the state.

Some Los Angeles fire hydrants ran dry during last year’s wildfires, but local officials said the outages occurred because the municipal system was not designed to deal with such a massive disaster.

Kelly Loeffler, administrator of the Small Business Administration, also brought up Trump’s claim about releasing water to fight the fires, claiming an executive order got “water to the scene in your earliest days of your presidency.”

Advertisement

But the Jan. 24, 2025, executive order resulted in water going to a dry lake basin more than 100 miles from Los Angeles.

Trump repeats other false claims

TRUMP: “There’s never been a first year like this, including the fact that we put out — extinguished — eight wars.”

THE FACTS: This statistic is highly exaggerated. Although Trump has helped mediate relations among many nations, his impact isn’t as clear-cut as he makes it seem.

___

TRUMP: “You’re not allowed to say the word coal without preceding by saying clean, beautiful coal. Clean, beautiful coal.”

Advertisement

THE FACTS: The production of coal is cleaner now than it has been historically, but that doesn’t mean it’s clean.

___

TRUMP, on China: “They make the windmills, but they don’t have a lot of wind farms. That’s — somebody’s oughta look at that. How many wind farms do they have? Very, very few. They make them. They sell them. They make a fortune, but they don’t use them.”

THE FACTS: China is the world’s largest manufacturer of wind turbines, producing more than half of the supply. It is also installing them at a record pace.

___

Advertisement

Associated Press writers Melissa Goldin in New York, Josh Boak in Washington, Christopher Weber in Los Angeles and Gabriela Aoun in San Diego contributed to this report.

___

Find AP Fact Checks here: https://apnews.com/APFactCheck.

Advertisement
Continue Reading

World

Iran to hold live-fire drills in Strait of Hormuz with US armada in Middle East

Published

on

Iran to hold live-fire drills in Strait of Hormuz with US armada in Middle East

NEWYou can now listen to Fox News articles!

Iran will conduct live-fire military drills next week in the Strait of Hormuz after President Donald Trump announced a U.S. armada was on its way to the region amid escalating tensions with Tehran.

The exercises will be carried out by the Islamic Revolutionary Guard Corps’ naval forces, Iranian state media reported Thursday. 

The announcement came one day after Trump said a large naval force, led by the USS Abraham Lincoln carrier strike group, was heading toward Iran.

In a statement posted to Truth Social, the president warned Tehran to quickly return to negotiations over its nuclear program, saying the fleet was prepared to act with “speed and violence” if necessary.

Advertisement

US OPENS NEW AIR DEFENSE OPERATIONS CELL AT QATAR BASE THAT IRAN TARGETED IN RETALIATORY ATTACK

A satellite view shows the Strait of Hormuz, a key global energy chokepoint connecting the Persian Gulf to the Gulf of Oman, on Oct. 2, 2024. (Gallo Images/Orbital Horizon/Copernicus Sentinel Data via Getty Images)

“Time is running out, it is truly of the essence! As I told Iran once before, MAKE A DEAL! They didn’t, and there was ‘Operation Midnight Hammer,’ a major destruction of Iran,” he wrote. “The next attack will be far worse! Don’t make that happen again.”

The U.S. struck Iran’s Fordow, Natanz and Isfahan nuclear sites in June using B-2 bombers and Tomahawk missiles.

The bombers flew for 37 hours non-stop from Whiteman Air Force Base in Missouri to drop 12 GBU-57 Massive Ordnance Penetrators on Fordow and two on Natanz.

Advertisement

TOP IRANIAN GENERAL THREATENS TO ‘CUT OFF’ TRUMP’S HAND OVER POTENTIAL MILITARY STRIKES

Islamic Revolutionary Guard Corps Navy personnel stand on a warship during an IRGC marine parade marking Persian Gulf National Day near the Bushehr nuclear power plant in Bushehr, Iran, on April 29, 2024. (Morteza Nikoubazl/NurPhoto via Getty Images)

More than two dozen cruise missiles were also launched at Isfahan from a U.S. submarine.

Trump is weighing military action against Tehran, as U.S. assets move into the region amid international scrutiny over a crackdown by the Islamic regime that has killed thousands of anti-government protesters.

CLICK HERE TO DOWNLOAD THE FOX NEWS APP

Advertisement

Iran warned last week that it would respond “with everything we have” to any new U.S. military attack, accusing Washington and its allies of exploiting recent unrest to push the region toward a wider war.

“As Iranians grieve their loved ones and rebuild what has been destroyed, another threat looms: the final failure of diplomacy. Unlike the restraint Iran showed in June 2025, our powerful armed forces have no qualms about firing back with everything we have if we come under renewed attack,” Iran’s foreign minister, Abbas Araghchi, said,.

Advertisement
Continue Reading

Trending