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Big Shake-Up: Putin Fires Head Of Aerospace Forces After Devastating Ukrainian Drone Attacks
Big Shake-Up: Putin Fires Head Of Aerospace Forces After Devastating Ukrainian Drone Attacks
There are reports out of Russia of another high level firing within the defense ministry. This time, President Putin has reportedly sacked the head of Russia's Aerospace Forces, which is the armed services branch responsible for the country's air defenses.
Moscow-based news outlet RBC reports that General Viktor Afzalov has been replaced by Colonel General Alexander Chaiko. Afzalov had first been appointed to the command post in 2023.
Source: Russian Ministry of Defense
However, the Kremlin did not immediately comment on or...
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Mar 27, 2026 / Tyler Durden
UK Pushes Ahead With Temporary Ban On Political Crypto Donations
UK Pushes Ahead With Temporary Ban On Political Crypto Donations
Authored by Stephen Katte via CoinTelegraph.com,
The UK government is advancing plans for a moratorium on political donations made through cryptocurrencies, following an independent review and pressure from multiple high-ranking politicians.
Cointelegraph reported on Wednesday that the Rycroft Review, an independent inquiry into foreign financial interference in the UK’s political and electoral systems, recommended a moratorium on crypto donations to political parties.
New statements from UK Prime Minister Keir Starmer on Wednesday have confirmed that the government will pursue the temporary ban.
“I can tell the...
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Aug 6, 2026 / Tyler Durden
DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices
DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices
Chinese AI startup DeepSeek is looking to raise roughly 50 billion yuan at a valuation of 500 billion yuan (US$74 billion) - while the company warned developers a day later that it's raising prices. The resumed funding round, first reported by Chinese business outlet Caijing (via The Standard), is expected to be signed by the end of the month, with the process kept deliberately quiet; some participating institutions reportedly haven't even been formally told the deal is back on. The pricing notice, posted...
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Aug 3, 2026 / Tyler Durden
"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout
"That Was The Era Of The Kospi Mania": Korean Retail Traders Vow Not To Buy After Historic Rout
By Youkyung Lee, Bloomberg Markets Live reporter and strategist
South Korea’s retail traders have long built a reputation for embracing risk. Yet July’s punishing reversal in the Kospi has rattled even this battle-hardened cohort, exposing the limits of their tolerance for volatility.
Some, like Kim Han-kyung, a Seoul resident in her late 30s, have resolved never to invest again, while others are comparing the $3.9 trillion market to a casino. Retail investors sold a record...
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