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The Knights Award 2023 will be held on June 2023 Jury held press conference in Kuala Lumpur

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The Knights Award 2023 will be held on June 2023 Jury held press conference in Kuala Lumpur

Diplomat Times (Kuala Lumpur)- A press conference held to launch the highly anticipated business award event in Malaysia, The Knights Award 2023. The official digital media partners include World of Buzz, Lobak Merah, UNN News update Now, Noodou and other media house were present. Various national and International media partners and press were also present to cover on the event. The Knights Award 2023 is a prestigious business award event that seeks to recognize the outstanding accomplishments of businesses in South East Asia. ywAAAAAAQABAAACAUwAOw==


FOR MORE : Flooding Malaysia forces 40,000 people to flee homes, 10 districts in Johor have been hit by flooding

The winners of the awards will be celebrated in the Ennoblement Ceremony of the event for their exceptional performance in their respective industries. Those who are leaders and emblematic of excellence, innovation and sustainability. As one of the highlight events of 2023, it signifies the growth and development of the business community that constitutes the backbone of the Malaysian economy. The event promises to be a showcase of the best of Malaysian business standards, and an opportunity to inspire others to strive for excellence and growth.
“We are honored to launch The Knights Award 2023, and we believe that it will be the stepping stone to a promising economic growth in South East Asia,” said Dr. Zyro Wong, the President of The Knights Award.

“We are grateful for the support and endorsement of our Royal Patron and Council of Lords. We are committed to making this event a success”.

The Knights Award 2023 will be held at the St. Regis Hotel, Kuala Lumpur in June 2023 and will feature various categories of awards.ywAAAAAAQABAAACAUwAOw==


FOR MORE : Jubilation as ‘pride of Malaysia’ Michelle Yeoh wins first Oscar

The award ceremony promises to be a memorable occasion with the attendance of business leaders, celebrities, key opinion leaders and other significant stakeholders.

The press conference provided an opportunity for the organizer to unveil the details of the award categories, nomination process and selection criteria. It had also provided an opportunity for attendees to ask questions and provide feedback on the event.

This press meet attended by many national and international dignitaries, Public figures like : – Dato Marietta Reformado Country Head Diplomat Times News, International Peace Corps Association and UNWPA, President Malaysia
– Peter Davis
– Ma Lai Tang Ge 马来堂哥
– Welson Sim ( national Olympic Swimmer )
– Dato Jonathan Lim H
– Datin Maylene
– Bon Zainal
– VIVO Malaysia
– Gintell
– Lifecare Medical Centre

-Tengku Normah Albaraqbah – Royalty of Terengganu

-HRH Prince Naravong Norodom – Prince of Cambodia

-Atai Namatbaev – Chargé d’Affaires / Ambassador of the Kyrgyz Republic in Malaysia-

-Dato Nazifuddin Najib – Secretary General of the Olympic Council of Malaysia

-Dato Sri Robert Lim – National President of Malaysia World Lin Chamber of Commerce

-Dato Lim Chew Ah – National President of Hainan Chamber of Commerce

-Andy Lau Tin Lung – Hong Kong TVB Artiste


Who is the patron of The Knights Award 

Father of Malaysia Economic Development – Tan Sri Tengku Razaleigh Hamzah

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Japanese PM Fumio Kishida makes surprise visit to Poland

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Japanese PM Fumio Kishida makes surprise visit to Poland

Diplomat Times (WARSAW)-Japanese Prime Minister Fumio Kishida on Wednesday said Polish-Japanese friendship is vital to counteract Russia, as he met Poland’s Prime Minister Mateusz Morawiecki on a surprise visit to Warsaw.

“Yesterday I visited Kyiv, where I announced that Japan and the G-7 will continue to support Ukraine. Japan, as this year’s chairman of the G-7, will continue to cooperate with Poland and use its leadership to support Ukraine,” Kishida said in a joint news briefing after the meeting in Warsaw.

He added that in order to end Russia’s war, it is important that like-minded countries remain united and continue imposing more sanctions.


READ MORE : Japan’s PM Fumio Kishida offers Ukraine support as China’s Xi backs Russia

Kishida visited Ukraine on Tuesday to meet President Volodymyr Zelenskyy, while Chinese leader President Xi Jinping held talks in Moscow with Russian President Vladimir Putin.

“A new geopolitical order is being born before our eyes. Countries that think alike about peace, stability and unity must cooperate closely, just like Poland and Japan,” said Morawiecki.

“It is important that Poland and Japan cooperate closely in overcoming signs of aggressive policy,” he said, adding that “the China-Russia axis is dangerous.”

“Our countries lie on two extreme sides, the borders of Russia, but we perfectly understand the threat posed by Russian imperialism to world peace and to international order,” Morawiecki went on to say.

He added: “I am glad that Poland and Japan are strengthening their ties of friendship and cooperation. I am sure that this will contribute to the restoration of stability and freedom in Ukraine, as well as economic, geopolitical and energy stability for the whole world.”

The Japanese leader will later meet Polish President Andrzej Duda.

By Jo Harper for AA

Disclaimer: This report is auto generated from the Anadolu Agency news service. Diplomat Times holds no responsibility for its content.

Japan’s PM Fumio Kishida offers Ukraine support as China’s Xi backs Russia

Japan’s PM Fumio Kishida offers Ukraine support as China’s Xi backs Russia

KYIV, Ukraine (AP) — Prime Minister Fumio Kishida made a surprise visit Tuesday to Kyiv, engaging in dueling diplomacy with Asian rival President Xi Jinping of China, who met in Moscow with Russian President Vladimir Putin to promote Beijing’s peace proposal for Ukraine that Western nations have all but dismissed as a non-starter.

The two visits, about 800 kilometers (500 miles) apart, highlighted how countries are lining up behind Moscow or Kyiv during the nearly 13-month-old war. Kishida, who will chair the Group of Seven summit in May, became the group’s last member to visit Ukraine and meet President Volodymyr Zelenskyy, after paying tribute to those killed in Bucha, a town that became a symbol of Russian atrocities against civilians.

Xi and Putin announced no major progress toward implementing the Chinese peace deal, although the Russian leader said it could be a basis for ending the fighting when the West is ready. He added that Kyiv’s Western allies have shown no interest in that.


FOR MORE JAPAN PM | Japan plans $75 billion investment across Indo-Pacific to counter China

U.S. officials have said any peace plan coming from the Putin-Xi meeting would be unacceptable because a cease-fire would only ratify Moscow’s territorial conquests and give Russia time to plan for a renewed offensive.

“It looks like the West indeed intends to fight Russia until the last Ukrainian,” Putin said, adding the latest threat is a British plan to give Ukraine tank rounds containing depleted uranium.

“If that happens, Russia will respond accordingly, given that the collective West is starting to use weapons with a nuclear component,” he said, without elaborating. Putin has occasionally warned that Russia would use all available means, including possibly nuclear weapons, to defend itself, but also has sometimes backed off such threats.

Putin’s comment referred to remarks Monday by U.K junior Defense Minister Annabel Goldie, who wrote: “Alongside our granting of a squadron of Challenger 2 main battle tanks to Ukraine, we will be providing ammunition, including armor-piercing rounds which contain depleted uranium. Such rounds are highly effective in defeating modern tanks and armored vehicles.”

Russian Foreign Minister Sergey Lavrov said the plan shows that the British “have lost the bearings,” and Defense Minister Sergei Shoigu said “it marked another step, and there aren’t so many of them left.”

But weapons expert Hamish de Bretton-Gordon, former commander of Britain’s Royal Tank Regiment, said it was “reckless” of Putin “to try and suggest Britain is sending nuclear material” to Ukraine. He said depleted uranium is a common component of tank rounds, possibly even used by Russia.

“Putin insinuating that they are some sort of nuclear weapon is bonkers,” he told The Associated Press. “Depleted uranium is completely inert. There is no way that you could create a nuclear reaction or a nuclear explosion with depleted uranium.”


READ MORE : Chinese President Xi and his friend Putin meet in Moscow as Ukraine war rages

Beijing insists it is a neutral broker in Ukraine, and Xi said after his talks with Putin: “We adhere to a principled and objective position on the Ukrainian crisis based on the goals and principles of the U.N. Charter.” The Chinese plan seeks to “actively encourage peace and the resumption of talks,” he said.

In a joint statement, Russia and China emphasized the need to “respect legitimate security concerns of all countries” to settle the conflict, echoing Moscow’s argument that it sent in troops to prevent the U.S. and its NATO allies from turning the country into an anti-Russian bulwark.

“Russia welcomes China’s readiness to play a positive role in the political and diplomatic settlement of the Ukrainian crisis” and the “constructive ideas” contained in Beijing’s peace plan, the statement said. It added: “The parties underline that a responsible dialogue offers the best path for a lasting settlement … and the international community should support constructive efforts in this regard.”

After meeting Kishida, Zelenskyy told reporters his team had sent his own peace formula to China but hasn’t heard back, adding that there were “some signals, but nothing concrete about the possibility of a dialogue.”

Kishida called Russia’s invasion a “disgrace that undermines the foundations of the international legal order” and pledged to “continue to support Ukraine until peace is back on the beautiful Ukrainian lands.”

Hours before Xi and Putin dined at a state dinner in glittering Kremlin opulence, Kishida laid flowers at a church in Bucha for the town’s victims.

“Upon this visit to Bucha, I feel a strong resentment against cruelty,” he said. “I would like to represent the people in Japan, and express my deepest condolences to those who lost their loved ones, were injured as a result of this cruel act.”

U.S. Ambassador to Japan Rahm Emanuel noted the “two very different European-Pacific partnerships” that unfolded Tuesday.

“Kishida stands with freedom, and Xi stands with a war criminal,” Emanuel tweeted, referring to Friday’s decision by the International Criminal Court to issue an arrest warrant for Putin, saying it wanted to put him on trial for the abductions of thousands of children from Ukraine.

Kyiv’s allies pledged more support. Washington is accelerating its delivery of Abrams tanks to Ukraine, sending a refurbished older version that can be ready faster, the Pentagon announced. The aim is to get the 70-ton behemoths to the war zone by fall.

The Russia-China front against the West was a prominent theme of Xi’s visit. Russia’s Deputy Foreign Minister Sergei Ryabkov accused NATO of seeking to become the world’s dominant military force. “That is why we are expanding our cooperation with China, including in the security sphere,” he said.

Putin is keen to show he has a heavyweight ally and market for Russian energy products under Western sanctions. He and Xi signed agreements on economic cooperation, noting Russian-Chinese trade rose by 30% last year to $185 billion and is expected to top $200 billion this year.

Russia stands “ready to meet the Chinese economy’s growing demand for energy resources” by boosting deliveries of oil and gas, he said, while listing other areas of cooperation, including aircraft and shipbuilding industries and other high-tech sectors.

Whether China will provide military support is a key question. Western officials “have seen some signs” Putin also wants lethal weapons from Beijing, though there is no evidence it has granted his request, NATO Secretary-General Jens Stoltenberg said in Brussels.

Further contacts are planned. Xi said he invited Putin to China this year to discuss a regional initiative that seeks to extend Beijing’s influence through economic cooperation.

Moscow and Beijing have both weathered international condemnation of their human rights records. The Chinese government is accused of atrocities against Uighur Muslims in its far western Xinjiang region. The allegations include genocide, forced sterilization and the mass detention of nearly 1 million Uighurs. Beijing has denied the allegations. Russia has been accused of war crimes in Ukraine, charges it denies.

Kishida rode a train from Poland to Kyiv just hours after he met with Indian Prime Minister Narendra Modi in New Delhi and a week after a breakthrough summit with South Korean President Yoon Suk Yoel.

Both China and Japan have enjoyed recent diplomatic successes that emboldened their foreign policy.

Japan, which has engaged in territorial disputes over islands with both China and Russia, is particularly concerned about the Beijing-Moscow relationship. Both nations have conducted joint military exercises near Japan’s coasts.

Kishida became Japan’s first postwar leader to enter a war zone.

Due to its pacifist principles, Japan’s support for Ukraine has been limited to nonlethal equipment and humanitarian supplies. It has contributed more than $7 billion to Ukraine and accepted more than 2,000 displaced Ukrainians, despite its strict immigration policy.

Tokyo joined the U.S. and European nations in sanctioning Russia over the invasion. By contrast, China has refused to condemn Moscow’s aggression and criticized Western sanctions against Moscow, while accusing NATO and Washington of provoking Putin’s military action.

Japan fears the possible impact of a war in East Asia, where China’s military has grown increasingly assertive and has escalated tensions around self-ruled Taiwan, which Beijing claims as its territory.

In Beijing, Foreign Ministry spokesperson Wang Wenbin said of Kishida’s trip: “We hope Japan could do more things to deescalate the situation instead of the opposite.”

Karl Ritter from Kyiv, for AP, Associated Press writers Mari Yamaguchi in Tokyo, Lolita C. Baldor in Washington and Jill Lawless in London contributed.

Disclaimer: This report is auto generated from the AP news service. Diplomat Times holds no responsibility for its content.

Chinese President Xi and his friend Putin meet in Moscow as Ukraine war rages

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Chinese President Xi and his friend Putin meet in Moscow as Ukraine war rages

Diplomat Times (Moscow)- Chinese President Xi Jinping met his “dear friend” Vladimir Putin in Moscow on Monday, seeking both to deepen economic ties with an ally he sees as a useful counterweight to the West and to promote Beijing’s role as a potential peacemaker in Ukraine.

Mr Xi was the first leader to meet the Russian President since the International Criminal Court (ICC) issued an arrest warrant for him on Friday over the deportation of Ukrainian children to Russia since its invasion.

Moscow said the charge was among a number of “clearly hostile displays” and opened a criminal case against the ICC prosecutor and judges. Beijing said the warrant reflects double standards.

Russia is presenting Mr Xi’s trip, his first since securing an unprecedented third term this month, as evidence that it has a powerful friend prepared to stand with it against a hostile West.


READ MORE ABOUT PUTIN | The International Criminal Court issues an arrest warrant for Putin

The two men greeted one another as “dear friend” when they met in the Kremlin on Monday afternoon before a dinner. They will hold formal talks on Tuesday.

Mr Putin told Mr Xi he viewed China’s proposals for a resolution of the Ukraine conflict with respect and was also “slightly envious” of China’s rapid development in recent decades.

“China has created a very effective system for developing the economy and strengthening the state. It is much more effective than in many other countries,” he said.

For Mr Xi, the visit is a diplomatic tightrope.

China has released a 12-point proposal to solve the Ukraine crisis, while strengthening ties with Moscow.

“We are partners in comprehensive strategic cooperation. It is this status that determines that there should be close ties between our countries,” Mr Xi said on Monday, according to translated remarks carried by Russian state television.

Beijing has repeatedly dismissed Western accusations that it is planning to arm Russia but says it wants a closer energy partnership after boosting imports of Russian coal, gas and oil.

Western sanctions made Russian energy cheaper, saving China billions of dollars, but its top trade partners remain the United States and European Union.

Mr Xi also said he was convinced the Russian people would support Mr Putin in a presidential election due in 2024.

“Thanks to your strong leadership, Russia has made significant progress in achieving the prosperity of the country in recent years. I am sure that the Russian people will strongly support you in your good endeavours,” he told Mr Putin.

Ukraine said China should press Russia to stop its invasion.

“We expect Beijing to use its influence on Moscow to make it put an end to the aggressive war against Ukraine,” Ukrainian Foreign Ministry spokesman Oleg Nikolenko said.

Ukraine and its Western allies say any truce would just buy Mr Putin time to reinforce ahead of a planned Ukrainian counter-offensive and that for Russia and China to uphold international law as they say they do, they must agree to Russia’s withdrawal.

White House national security spokesman John Kirby reiterated that call, adding that US President Joe Biden wanted to speak with Mr Xi to keep communication channels open.

Mr Putin signed a “no limits” partnership with Mr Xi last year, shortly before he sent tens of thousands of troops into Ukraine to end what he said was a threat to Russia from its moves towards the West.

The year-long war has killed tens of thousands of people, destroyed cities and forced millions to flee.

The Kremlin said Mr Putin would provide Mr Xi with detailed “clarifications” of Russia’s position, without elaborating.

Source : AFP

Japan plans $75 billion investment across Indo-Pacific to counter China

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Japan plans $75 billion investment across Indo-Pacific to counter China

Diplomat Times(New Delhi/Tokyo)- Japan’s Prime Minister Fumio Kishida on Monday announced a new plan to promote an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention.

The plan he announced in New Delhi is seen as Tokyo’s bid to forge stronger ties with countries in South and Southeast Asia to counter China’s growing assertiveness there.

Kishida also said Japan wanted Russia’s invasion of Ukraine to end as soon as possible and called on the “Global South”, a broad term referring to countries in Africa, Asia, Oceania and Latin America, to “show solidarity” after his talks with Indian Prime Minister Narendra Modi.


FOR MORE JAPAN-INDIA NEWS | Japan, other democracies to defend against China’s threat on international order 

Kishida said there were four “pillars” to Japan’s new Indo-Pacific plan: maintaining peace, dealing with new global issues in cooperation with Indo-Pacific countries, achieving global connectivity through various platforms, and ensuring the safety of the open seas and skies.

Japan pledged $75 billion to the region by 2030 via private investment and yen loans and by ramping up aid through official governmental assistance and grants.

“We plan to expand the cooperation of the free and open Indo-Pacific framework,” Kishida told the Indian Council of World Affairs.

He emphasized the increasing connectivity among countries and promoting freedom of navigation, with an eye on increasing maritime defense and security among like-minded countries.

China has ramped up its military presence in the Indo-Pacific and rapidly modernised its navy while promoting its Belt and Road Initiative.

“The kind of connectivity where you only rely on one country breeds political vulnerability,” Kishida said.

“We aim to increase the number of options each country has so that they can overcome these vulnerabilities and achieve further economic growth through connectivity,” he added.

NAVAL DRILLS

“We will conduct joint maritime exercises with India and the United States, as well as goodwill exercises with ASEAN and the Pacific Islands,” Kishida said.

Japan, India, Australia and the United States are members of the so-called Quad grouping, created to balance China’s growing dominance. The four are will participate in the annual naval wargaming exercise Malabar to be held in Australia this year.

India and Japan have deepened their ties in defense and strategic affairs in the face of a dominant China.

“India is an essential partner when it comes to realizing our free and open Indo-Pacific vision,” Kishida later told reporters when asked why he chose New Delhi to announce his plan.

Modi said strengthening the India-Japan “partnership is not only important for both our countries, it also promotes peace, prosperity and stability in the Indo-Pacific region”.

The two have different stances on the war in Ukraine, however.

“We want to stop the invasion by Russia as soon as possible. In order for that to happen, it’s important for the international community, including the so-called Global South, to show solidarity,” Kishida said when asked about his discussions with Modi.

Japan has imposed sanctions on Russia, as have many other nations.

India has not, and it has refused to blame Moscow for the conflict and has ramped up its buying of Russian oil.

“Giving voice to the priorities of the Global South is an important pillar of our G20 presidency,” Modi said after his talks with Kishida.

Source : Reuters 

(Reporting by Sakura Murakami in TOKYO and Krishn Kaushik in NEW DELHI; Writing by Y.P. Rajesh; Editing by Hugh Lawson)

Disclaimer: This report is auto generated from the Reuters news service. Diplomat Times holds no responsibility for its content.

Putin visits Crimea on anniversary of its annexation from Ukraine

Putin visits Crimea on anniversary of its annexation from Ukraine

Diplomat Times (Kyiv)- Russian President Vladimir Putin traveled to Crimea to mark the ninth anniversary of the Black Sea peninsula’s annexation from Ukraine on Saturday, the day after the International Criminal Court’ issued an arrest warrant for the Russian leader accusing him of war crimes.

Putin visited an art school and a children’s center, locations that appeared to have been chosen in response to the court’s action on Friday.


The International Criminal Court issues an arrest warrant for Putin

The court specifically accused him Friday of bearing personal responsibility for the abductions of children from Ukraine during Russia’s full-scale invasion of the neighboring country that started almost 13 months ago.

Russia annexed Crimea from Ukraine in 2014, a move that most of the world denounced as illegal. Ukrainian President Volodymyr Zelenskyy has demanded that Russia withdraw from the peninsula as well as the areas it has occupied since last year.

Putin has shown no intention of relinquishing the Kremlin’s gains. Instead, he stressed Friday the importance of holding Crimea.

“Obviously, security issues take top priority for Crimea and Sevastopol now,” he said, referring to Crimea’s largest city. “We will do everything needed to fend off any threats.”

The ICC’s arrest warrant was the first issued against a leader of one of the five permanent members of the U.N. Security Council. The court, which is based in The Hague, Netherlands, also issued a warrant for the arrest of Maria Lvova-Belova, the commissioner for Children’s Rights in the Office of the President of the Russian Federation.

The move was immediately dismissed by Moscow — and welcomed by Ukraine as a major breakthrough. Its practical implications, however, could be limited as the chances of Putin facing trial at the ICC are highly unlikely because Moscow does not recognize the court’s jurisdiction or extradite its nationals.

Widespread Russian attacks continued in Ukraine after the court’s announcement. Ukraine was attacked by 16 Russian drones on Friday night, the Ukrainian air force reported early Saturday.

Writing on Telegram, the air force command said that 11 out of 16 drones were shot down “in the central, western and eastern regions.” Among areas targeted were the capital, Kyiv, and the western Lviv province.


The International Criminal Court issues an arrest warrant for Putin

The head of the Kyiv city administration, Serhii Popko, said Ukrainian air defenses shot down all drones heading for the Ukrainian capital, while Lviv regional Gov. Maksym Kozytskyi said Saturday that three of six drones were shot down, with the other three hitting a district bordering Poland.

According to the Ukrainian air force, the attacks were carried out from the eastern coast of the Sea of Azov and Russia’s Bryansk province, which borders Ukraine.

The Ukrainian military additionally said in its regular update Saturday morning that Russian forces over the previous 24 hours launched 34 airstrikes, one missile strike and 57 rounds of anti-aircraft fire. The Facebook update said that falling debris hit the southern Kherson province, damaging seven houses and a kindergarten.

According to the Ukrainian statement, Russia is still concentrating its efforts on offensive operations in Ukraine’s industrial east, focusing attacks on Lyman, Bakhmut, Avdiivka, Marinka and Shakhtarsk in Ukraine’s eastern Donetsk province. Pavlo Kyrylenko, regional Gov. of the Donetsk province, said one person was killed and three wounded when 11 towns and villages in the province were shelled on Friday.

Further west, Russian rockets hit a residential area overnight Friday in the city of Zaporizhzhia, the regional capital of the partially occupied province of the same name. No casualties were reported, but houses were damaged and a catering establishment destroyed, Anatoliy Kurtev of the Zaporizhzhia City Council said.

Source :NPR/Reuters 

The International Criminal Court issues an arrest warrant for Putin

The International Criminal Court issues an arrest warrant for Putin

Diplomat Times (The Hague)- The International Criminal Court has issued an arrest warrant for Russian President Vladimir Putin for alleged war crimes involving accusations that Russia has forcibly taken Ukrainian children.

The ICC also issued a warrant for Putin’s commissioner for children’s rights, Maria Lvova-Belova.

The court said in a news release Friday the two are “allegedly responsible for the war crime of unlawful deportation of population (children) and that of unlawful transfer of population (children) from occupied areas of Ukraine to the Russian Federation.”

The move by the criminal court at the Hague marked a significant step, requesting the arrest of a sitting world leader — even as analysts acknowledged the chances of arresting President Putin are slim.


READ MORE ABOUT PUTIN  | Putin blame West of stoking global war to destroy Russia

Indeed, in Moscow, officials were quick to note Russia has never signed on as a party to the ICC as they dismissed the charges outright.

Mr Vladimir Vladimirovich Putin, born on 7 October 1952, President of the Russian Federation, is allegedly responsible for the war crime of unlawful deportation of population (children) and that of unlawful transfer of population (children) from occupied areas of Ukraine to the Russian Federation (under articles 8(2)(a)(vii) and 8(2)(b)(viii) of the Rome Statute). The crimes were allegedly committed in Ukrainian occupied territory at least from 24 February 2022. There are reasonable grounds to believe that Mr Putin bears individual criminal responsibility for the aforementioned crimes, (i) for having committed the acts directly, jointly with others and/or through others (article 25(3)(a) of the Rome Statute), and (ii) for his failure to exercise control properly over civilian and military subordinates who committed the acts, or allowed for their commission, and who were under his effective authority and control, pursuant to superior responsibility (article 28(b) of the Rome Statute).

The Chamber considered that the warrants are secret in order to protect victims and witnesses and also to safeguard the investigation.

Nevertheless, mindful that the conduct addressed in the present situation is allegedly ongoing, and that the public awareness of the warrants may contribute to the prevention of the further commission of crimes, the Chamber considered that it is in the interests of justice to authorize the Registry to publicly disclose the existence of the warrants, the name of the suspects, the crimes for which the warrants are issued, and the modes of liability as established by the Chamber.

Dr. Sang Won Park elected as the 20th president of the Korean American Association of New York, US

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Dr. Sang Won Park elected as the 20th president of the Korean American Association of New York, US

Diplomat Times(New York)- On the 14th of March, 2023 Dr. Sang Won Park elected as the 20th president (The Chairman of the Board) of the Korean American Association of New York, US.

Dr. Sang Wan Park is a very settled person. Dr. Park is also the current President of World Korean Foundation and Chancellor of St. Mission University. He started his career from South Korea and took his business to America.


For More US News | 

Today he is a well-known name in America and South Korea. Along with the business, he is also a social activist who gives his valuable contribution in social work. For these works, he has also received the Lifetime Achievement Award like US President Joe Biden.

Jubilation as ‘pride of Malaysia’ Michelle Yeoh wins first Oscar

Jubilation as ‘pride of Malaysia’ Michelle Yeoh wins first Oscar

Diplomat Times(Kuala Lumpur)- Family and friends of Malaysia’s Michelle Yeoh responded with screams, jubilation and pride on Monday at her winning the Academy Award for best lead actress, Asia’s first ever winner in the category.

There were ecstatic roars and fist-pumps as her triumph was announced at an Oscars viewing party in Malaysia’s capital Kuala Lumpur, with all eyes on her surprised and delighted mother, Janet Yeoh.

“She’s a very hardworking girl, you know. Everybody knows it,” she told a news conference afterwards, in front of a poster of her daughter that said “Pride of Malaysia”.

The actress’s niece, Vicki Yeoh, looked equally stunned as the announcement was made, clutching her face and letting out a huge scream as the tears welled up.

“Jaw dropping moment … I was speechless I cried, it happened so quickly and we are so happy that she won, that our auntie won,” she said.


FOR MORE | ENTERTAINMENT NEWS

Yeoh, 60, won the award for her portrayal of a Chinese American laundromat owner Evelyn Wang, dealing with family turmoil in the science-fiction kung fu comedy “Everything Everywhere All at Once”.

It was Yeoh’s first Oscar nomination and she had been widely regarded as the front-runner.

Yeoh made her Hollywood breakthrough when she was cast as the first ethnic Chinese Bond girl in 1997’s “Tomorrow Never Dies” opposite Pierce Brosnan. She has also starred in martial arts movie “Crouching Tiger Hidden Dragon,” the 2005 period drama “Memoirs of a Geisha” and the 2018 romantic comedy “Crazy Rich Asians”.

Malaysian Prime Minister Anwar Ibrahim lauded Yeoh’s success and said her career was illustrious and exemplary and would continue to inspire Malaysians.

“In creating history by being not just the first Malaysian but the very first Asian actress to win in this category, we take enormous pride in her achievement, adding to a long list of successes and capping a critically acclaimed acting career spanning decades,” Anwar said in a statement on his Facebook page.

Family friend Derrick Lee described her as an inspiration.

“The efforts that she put in for this film is extraordinary,” he said at the party.

(Reporting by Ebrahim Harris; Writing by Martin Petty; Editing by Robert Birsel)

Silicon Valley Bank shut down, largest failure since 2008 crisis

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Silicon Valley Bank shut down, largest failure since 2008 crisis

Diplomat Times(New York)- Startup-focused lender SVB Financial Group (SIVB.O) became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded.

The U.S. rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.

Silicon Valley, the nation’s 16th largest, failed after depositors – mostly technology workers and venture capital-backed companies – began withdrawing their money as anxiety about the bank’s situation spread this week.

Silicon Valley was heavily exposed to tech industry and there is little chance of contagion in the banking sector similar to the chaos in the months leading up to the Great Recession more than a decade ago. Major banks have sufficient capital to avoid a similar situation, though the sector has been under pressure all week.

Bloomberg reported, that Becker sold $3.6 million of company stock under a trading plan on 27 February. The last month’s sale of 12,451 shares was the first time in more than a year that Becker had sold shares in parent company SVB Financial Group, according to regulatory filings. He filed the plan that allowed him to sell the shares on 26 January.

Greg Becker CEO/SVB sent a message to its employees acknowledging the “incredibly difficult” 48 hours leading up to its collapse on Friday, Reuters reported.


FOR MORE | US President Biden nominates former MasterCard CEO Ajay Banga to lead World Bank

Silicon Valley’s failure came with incredible speed, with some industry analysts on Friday suggesting it was a good company and still likely a wise investment. Silicon Valley executives were looking to raise capital early Friday or find additional investors in the company. But trading in its shares had been halted before the opening bell due to extreme volatility.

The bank had $209 billion in assets and $175.4 billion in deposits at the time of failure, the FDIC said in a statement. It was unclear how much of deposits was above the $250,000 insurance limit at the moment, but previous regulatory reports showed that much of Silicon Valley Bank’s deposits were above that limit.

The FDIC said deposits below the $250,000 limit would be available Monday morning.

Who is the owner of Silicon Valley Bank 

Greg Becker is president and CEO of SVB Financial Group.
The options exercise paired with the stock sale meant that Becker’s stock ownership in SVB remained unchanged. Both transactions were made through a trust that he controls, using a trading plan that he had set up on Jan. 26, according to the filing.

Under Greg’s leadership, SVB has achieved considerable growth. SVB joined the S&P 500 in 2018 and has been named one of the best banks in America, one of the fastest growing public companies in the US, and one of the best places to work.

SVB has been included in the Bloomberg Gender-Equality Index for the last five years and is consistently among the Top Corporate Philanthropists in its headquarters’ region. Working with employees, clients, and partners, Greg has also prioritized investments and initiatives to increase diversity and inclusion at SVB and across the innovation ecosystem, foster economic development and support community well-being.

Greg Becker live in California , His wife name Julie Backer. He has married to Julie for over 20 year.

Greg Becker CEO/SVB sent a message to its employees acknowledging the “incredibly difficult” 48 hours leading up to its collapse on Friday, Reuters reported.

Source : Reuters/Bloomberg