Archive for November 2021
Singapore increases gold reserves by 20%, first increase in holding in decades
Singapore increased its gold reserves by about 20 per cent earlier this year in a largely under-the-radar move that saw holdings expand for the first time in decades. The purchases, which totaled about 26.3 tonnes, took place over May and June, according to data from the Monetary Authority of Singapore’s International Reserves and Foreign Currency…
Read More[ The Irrawaddy ] Myanmar Military’s Joint Venture Brewery to be Dissolved After Product Boycott
Source: https://www.irrawaddy.com/news/burma/myanmar-militarys-joint-venture-brewery-to-be-dissolved-after-product-boycott.html Myanmar Brewery Co, which once manufactured the best-selling beer brands in Myanmar, is to be dissolved. The company is a joint venture between Japanese beverage giant Kirin and the military-owned conglomerate Myanma Economic Holdings Public Co. Ltd (MEHL). On November 19, MEHL made an application to the Yangon Region Western District Court to…
Read MoreUAE and Ukraine providing military support to Ethiopia in civil war against Tigray Defense Forces
According to an exclusive report by Al Jazeera, they had discovered by satellite images that Ethiopia is receiving extensive support in their fight against forces from the northern Tigray region. In their investigation, there were more than 90 flights between United Arab Emirates (UAE) and Ethiopia between September and November 2021. A Spanish firm is…
Read More[ Asahi Shimbun ] Okinawa’s governor plans to reject U.S. base design change
Okinawa Governor Denny Tamaki said on Nov. 25 the prefecture will reject a proposed design change in the landfill work for the construction of a planned U.S. military base when he met the ruling prefectural assembly group backing him. He cited what prefectural officials perceive to be flaws in the measures to strengthen the weak…
Read More[ DefenseNews ] Morocco buys Israeli counter-drone system Skylock Dome
The Moroccan military has purchased the Israeli counter-drone system Skylock Dome, according to a Nov. 21 post on the armed forces’ official Facebook page. “Some systems were delivered already, but there is no information about the value of the deal or the number of systems that have been acquired,” Moroccan military expert Abdel Hamid Harfi…
Read MoreMorocco signs defence pact with Israel, as Trump’s legacy reverberates and relationship with Algeria worsen
Israel signed a defence pact with Morocco on Wednesday, its latest public display of readiness to advance national security interests in tandem with Arab countries that have drawn closer to it amid shared concern over Iran and Islamist militancy. The memorandum of understanding could herald intelligence cooperation, arms deals and joint military training, Israeli Defence…
Read MoreAbu Dhabi-based Calidus unveiled heavy attack turboprop aircraft: B-350
According to multiple reports, including from FlightGlobal.com, AINOnline.com and Aviationweek.com, Calidus unveiled a model of B-350 at the Dubai Airshow. The “large” turboprop seemed to be a heavier version of the Calidus B-250, with 12 underwing hardpoints that can carry an assortment of armament: from precision guided bombs, to rockets and even sidewinders (refer to…
Read More[ Inquirer ] PH military to boost arsenal with South Korean hardware
A team of defense and military officers was in South Korea last week for a joint visual inspection of used rocket systems and a surplus warship that will be handed over by the Seoul government, security officials familiar with the matter told INQUIRER.net. The Philippine Army and Philippine Marine Corps are likely to be recipients of…
Read More[ The Star ] Urea shortage threatens South Korea’s transport, energy industries
South Korea is flying a military oil tanker to Australia this week to airlift 27,000 litres of urea solution, used in diesel vehicles and factories to cut emissions, amid a dire shortage threatening to stall commercial transport and industries. Approximately two million diesel vehicles, mostly cargo trucks, are required by government to use the additive,…
Read More[ Mothership ] Unthinkable for Australia not to join US in defending Taiwan: Defence minister
Australia will join the U.S. in defending Taiwan as not doing so is unthinkable as an alliance partner, Australian Defence Minister Peter Dutton told The Australian in an interview that was published on Friday, Nov. 12. He further expressed his belief that the Chinese government has no right to claim Taiwan as its territory. China has been…
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