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Japan

SoftBank’s Vision Fund swaps splashy bets for ‘timid’ investing

[ad_1] In January, the Spanish startup TravelPerk closed a funding round suited to today’s austere times. It raised less than it did two years prior, landing on only a slightly higher valuation of $1.4 billion.The surprising part was that TravelPerk’s lead backer was SoftBank, a Japanese investor whose Vision Fund was famous for giving startups outrageous price tags until it racked up immense losses in an investing spree under founder Masayoshi Son. Then, SoftBank went quiet. A year later, the […]

todayFebruary 15, 2024

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Japan

Lenin’s lesson for Israel and Ukraine

[ad_1] LJUBLJANA, Slovenia – It is now a century since Vladimir Lenin’s death and more than three decades since his Bolshevik project collapsed. But while much of his political life was highly problematic from today’s perspective, his remorseless pragmatism, as one might call it, still has purchase.Recall Lenin’s well-known commitment to “concrete analysis of the concrete situation.” One must avoid both dogmatic fidelity to the cause and unprincipled opportunism. Under quickly changing real-world conditions, the only way to be remain […]

todayFebruary 15, 2024

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Japan

North Korean arms trade is China’s problem too: U.S. official

[ad_1] North Korea’s destabilizing behavior should be a major concern for Beijing, a senior U.S. State Department official said Tuesday.China should be condemning North Korea’s "deepening cooperation” with Russia, including shipping ballistic missiles to President Vladimir Putin’s forces in Ukraine, said Jung Pak, the U.S. senior official for the Democratic People’s Republic of Korea, as North Korea is officially known."The DPRK issue is China’s problem, as well,” Pak said in an interview. "It’s not just our problem. China has a […]

todayFebruary 15, 2024

Africa

Africa: The World’s Coral Reefs Are Bigger Than We Thought – but It Took Satellites, Snorkels and Machine Learning to See Them

[ad_1] The world's coral reefs are close to 25% larger than we thought. By using satellite images, machine learning and on-ground knowledge from a global network of people living and working on coral reefs, we found an extra 64,000 square kilometres of coral reefs - an area the size of Ireland. That brings the total size of the planet's shallow reefs (meaning 0-20 metres deep) to 348,000 square kilometres - the size of Germany. This figure represents whole coral reef […]

todayFebruary 15, 2024

Africa

West Africa Trade Will Take a Hit As Mali, Niger and Burkina Faso Leave Ecowas

[ad_1] The membership of the Economic Community of West African States (Ecowas) has been whittled down from 15 to 12 following the unilateral withdrawal of Niger, Mali and Burkina Faso in February. Founded in 1975, Ecowas is one of eight regional economic communities recognised by the African Union to foster regional integration on the continent. Its main objective is to create a single, large trading bloc through economic cooperation. Since 1975, Ecowas and its sister organisation the West African Economic […]

todayFebruary 15, 2024

Africa

Africa: Why Having Human Remains Land On the Moon Poses Difficult Questions for Members of Several Religions

[ad_1] Sending human remains to the Moon on the first commercial lunar lander, Peregrine 1, on Jan. 8, 2024, along with scientific instruments, caused a controversy. Buu Nygren, president of the Navajo Nation, objected, saying that "the moon holds a sacred place" in Navajo and other tribal traditions and should not be defiled in this way. The inside of the lander was to be a kind of "space burial" for remains of some 70 people. Each of the families had […]

todayFebruary 15, 2024

Africa

Africa: Wagner Group Is Now Africa Corps. What This Means for Russia’s Operations On the Continent

[ad_1] In August 2023, Wagner Group leader Yevgeny Prigozhin died after his private jet crashed about an hour after taking off in Moscow. He had been Russia's pointman in Africa since the Wagner Group began operating on the continent in 2017. The group is known for deploying paramilitary forces, running disinformation campaigns and propping up influential political leaders. It has had a destabilising effect. Prigozhin's death - and his aborted mutiny against Russian military commanders two months earlier - has […]

todayFebruary 15, 2024

Africa

Africa: IcJ’s Gaza Genocide Case – Big Win, but With What Effect?

[ad_1] Ensuring Israel's compliance with the provisional measures will require action by other international bodies, states and civil society. On 26 January, the International Court of Justice (ICJ) ordered provisional measures in South Africa's case against Israel on allegations of genocide in Gaza. Securing the order, which was hailed as a major achievement, is one thing - seeing to its implementation is another. With this decision, the ICJ instructed Israel to prevent genocide, ensure Israeli forces don't commit genocide, and […]

todayFebruary 15, 2024

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