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US sells $ 133 million anti-ballistic missiles to Japan

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US sells $ 133 million anti-ballistic missiles to Japan

Amidst positive developments of dialogue resumption between the two Koreas, The US administration has approved a $133.3 million sale of anti-ballistic missiles to Japan to defend itself from a threat from North Korea.

According to State Department officials, quoted by Fox news, it has notified the Congress on Tuesday asking it to approve the sale of the four missiles for the SM-3 Block IIA interceptor. They say that the proposal “also included four Mk 29 missile canisters, and other technical, engineering and logistics support services.”

During his November visit to Japan, Donald Trump said that Japan would shoot North Korean missiles “out of the sky” if it bought the U.S. weaponry needed for doing for doing so and suggested Tokyo take a stance it has avoided until now.

Trump, went ahead after the summit with Japanese PM Shinzo Abe, saying the “era of strategic patience” with North Korea was over and added that the two countries were working to counter the “dangerous aggressions”.

The fox news quotes the official saying that the sale of the missiles follows through “on President Trump’s commitment to provide additional defensive capabilities to treaty allies threatened by the DPRK’s provocative behavior.”

The proposed sale of anti-Ballistic missiles, if concluded, would contribute to the US “foreign policy and national security interests. It will bolster the security of a major treaty ally that has been, and continues to be, a force for political stability and economic progress in the Asia-Pacific region. It will also improve (Japan Maritime Self-Defense Force’s) interoperability with US missile defense systems, and increase the protection for US installations in the region.”
The missiles, made by Raytheon Co and BAE Systems, can be launched from destroyers at sea or from a land-based system.

Within one month after Trump’s Tokyo sojourn, Japan formally decided to expand its ballistic missile system using US-made ground-based Aegis radar stations and interceptors in December.

Reuters reported in December that the cost of building two Aegis Ashore batteries without the missiles would be at least $2 billion and it was not likely to be operational until 2023 at the earliest.

According to a Pentagon statement issued on Monday, US Secretary of Defense James Mattis and Japanese Minister of Defense Itsunori Onodera “condemned North Korea’s reckless and unlawful behavior,” while talking on phone.

During his maiden foreign trip after occupying White House to Saudi Arabia in May last year, US President Donald Trump had concluded a $110 billion arms deal.

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Pakistan hit by 5.5-magnitude earthquake, no casualties or damage reported

A 5.5-magnitude earthquake jolted Pakistan on Friday, with authorities reporting no immediate casualties or significant damage.

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A magnitude 5.5 earthquake struck Pakistan on Friday, sending tremors across several parts of the country. However, authorities said there were no immediate reports of casualties or significant property damage.

According to seismic monitoring agencies, the earthquake was recorded at a considerable depth, which may have reduced the impact on the surface. Residents in several cities reported feeling the tremors, prompting many to move outdoors as a precaution.

Emergency and disaster management authorities began assessing the situation soon after the quake. Initial assessments indicated that no major damage to infrastructure or loss of life had been reported. Officials continue to monitor the situation for possible aftershocks.

Pakistan lies in a seismically active region due to the interaction of the Indian and Eurasian tectonic plates, making earthquakes a frequent occurrence in several parts of the country.

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Twin earthquakes strike Venezuela within 39 seconds, triggering panic in Caracas

Venezuela witnessed two powerful earthquakes within 39 seconds, triggering panic in Caracas, damaging infrastructure and leading authorities to declare a state of emergency.

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Two powerful earthquakes struck Venezuela within just 39 seconds, causing widespread panic, damaging buildings and disrupting key infrastructure in and around the capital, Caracas.

According to the United States Geological Survey (USGS), the first earthquake measured magnitude 7.2 and struck on Wednesday evening near the coastal town of Moron. Just 39 seconds later, a stronger 7.5-magnitude tremor hit roughly 45 kilometres away, creating what seismologists described as a “doublet” earthquake sequence.

The back-to-back quakes sent residents rushing into the streets as buildings shook violently across Caracas. Several structures suffered severe damage, with reports of building collapses in parts of the capital. Rescue workers were deployed to search through rubble while emergency teams assessed the extent of the destruction.

Visuals shared on social media showed scenes of chaos at Simon Bolivar International Airport, where parts of the terminal roof reportedly collapsed, filling sections of the facility with dust and smoke. Passengers were seen evacuating the airport as power flickered during the tremors. Authorities later announced the closure of the airport because of significant damage.

More than 20 aftershocks were recorded following the twin earthquakes, raising concerns about additional structural damage. The USGS warned that the disaster could result in significant casualties and economic losses, while landslides were also reported in affected areas.

Venezuela’s interim president Delcy Rodriguez declared a state of emergency following the earthquakes and urged citizens to remain cautious as emergency response efforts continued. Opposition leader Maria Corina Machado also expressed solidarity with those affected by the disaster.

The earthquakes are being described as among the strongest to strike Venezuela in more than a century. Authorities continue to assess the full scale of the damage and search for possible victims trapped beneath collapsed structures.

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London court orders Nirav Modi to pay Bank of India over $11.5 million in loan guarantee case

A London court has ruled that fugitive businessman Nirav Modi must pay Bank of India more than $11.5 million, including interest, in a loan guarantee dispute.

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Fugitive diamond merchant Nirav Modi has been ordered by a London court to pay Bank of India more than $11.5 million, including accrued interest, in connection with a personal guarantee linked to a loan extended to one of his Dubai-based firms.

In a significant ruling delivered by the London Circuit Commercial Court, Justice Simon Tinkler held that Modi remained liable under the personal guarantee issued for a loan granted to Firestar Diamond FZE, a Dubai-incorporated company associated with him. The court rejected Modi’s challenge to the enforceability of the guarantee.

The court examined whether Modi had been properly served with a demand notice, whether the demand related to a liability owed to the bank, and whether the personal guarantee was legally enforceable. Justice Tinkler ruled in favour of Bank of India on all three issues.

According to the judgment, Modi is liable for the principal outstanding amount of $4.1 million. After adding accumulated interest, the total payable amount has risen to an estimated $11.5 million as of March 2026, with additional interest continuing to accrue.

The public sector lender has been pursuing recovery proceedings against Modi since 2018, following the emergence of allegations involving companies linked to the businessman. Modi, who has largely represented himself in the proceedings, is currently lodged in a UK prison while contesting his extradition to India in a separate Punjab National Bank fraud and money laundering case.

Law firm Fladgate LLP, representing Bank of India, clarified after the verdict that the proceedings were strictly related to a commercial banking recovery claim and did not deal with the wider allegations connected to the Punjab National Bank fraud case.

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