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Plus: defence chiefs fear running out of munitions; western business helps Ukraine confront Russian cyber; competition and climate security; US gains in energy transition; China’s art of surprise.
...In the letter to the minister, Mukhamadeev said the transaction price represented a 56 per cent discount to the business’s market value, according to an independent appraisal cited by the company....
...However, the sanctions regime related to the war in Ukraine makes a purchase by Russian national unlikely. According to a 2021 appraisal the estate was worth €260mn....
...John Glen, Cabinet Office minister, said earlier this year that senior civil servants would be judged on whether they had achieved this 60 per cent attendance target in annual appraisals....
...US national security adviser Jake Sullivan has urged Beijing to use its leverage with Tehran to rein in Iranian-backed Houthi attacks on vessels in the Red Sea in a back-channel meeting with Chinese foreign...
...For his appraisal, Eric Turquin earns 5 per cent of the sale price, which will soon rise to 6 per cent....
...Up to February, the Sahm rule is not triggered at a national-level....
...Similar revolving doors have played out in the Western Cape and Ekhuruleni region outside Johannesburg....
...The National Infrastructure Commission estimates the UK needs £70bn-£80bn a year (public plus private) investment in infrastructure....
...Losing sponsorship of its home country’s national football team is a blow for Adidas’ sports-obsessed chief executive Bjørn Gulden....
...The party has a majority in the 91-seat National Assembly that it is expected to retain after the vote....
...When comparing the reaction of markets to the views of most national security experts, I am reminded of the story of the frog in boiling water....
...Another critical figure is Sheikh Tahnoon, the UAE’s national security adviser who also oversees a business empire and Abu Dhabi’s biggest sovereign wealth fund....
...China’s central government introduced a wide-ranging national security law in 2020 in response to pro-democracy protests in Hong Kong the year before....
...In an appraisal of the failings at Credit Suisse and the responsibility of its management team and board during the bank’s final years, Ermotti said: “Many key stakeholders neglected the warning signs —...
...Apple said on Friday that it was “ordered” by China’s powerful internet regulator and data watchdog to remove the two apps due to “national security concerns”, according to a company spokesperson....
...It found that the BBC’s business plan for relocating spending was “under-developed, with no options appraisal for meeting objectives and no assessment of the local labour market”....
...The two German-Russian nationals were apprehended in raids on Wednesday morning by police special forces in the town of Bayreuth, south-east Germany, the federal prosecutor’s office said on Thursday....
...While the US Congress has achieved bipartisan consensus on some external threats, it is yet to grasp that a highly resilient financial system is critical to national security....
...Draped in the red and white national flag, Gvanntsa Mikaela Gvantseladze, a student and popular figure on social media, sat on the stone steps of Georgia’s parliament surrounded by other youngsters determined...
...Referring to the Russian president, John Kirby, the White House National Security Council spokesperson, said: “Mr Putin thinks he can play for time, so we’ve got to try to make up some of that time.”...
...The Swiss National Bank announced a surprise cut to interest rates on Thursday in a sign of policymakers’ confidence over falling inflation....
...Untamed inflation and a weakening national currency are at the forefront of many Iranians’ concerns, and have contributed to waves of dissent....
...More than at any time for a generation there is a shortage of names that sell tickets, especially in those western countries where Russian artists are currently shunned....
...The MSS has levelled accusations against western intelligence services since setting up a presence on social media platform WeChat in July....
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