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S.Korea probes company on US sanctions list over Russia connection

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S.Korea probes company on US sanctions list over Russia connection

Seoul, Feb 25 (IANS) – A South Korea-based company, Daesung International Trading, is currently under investigation by authorities for its alleged connection to Russia after being sanctioned by the US. The company, located in Gimhae, was added to an export restriction list by the US Commerce Department.

A Foreign Ministry official stated that they shared information with the US and are conducting an investigation. The South Korean government plans to work closely with Washington and other nations to implement sanctions against Russia. The head of Daesung International Trading is reported to be a Pakistani national.

South Korea’s Trade Ministry and customs agency are investigating the company for any law violations, such as the Foreign Trade Act. They will punish and sanction the company if any breaches are found. The US sanctions come on the anniversary of Russia’s invasion of Ukraine and the death of opposition leader Alexei Navalny.

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IANS, established in 1986, is India's largest independent news service, offering 24x7 news from India and South Asia, and a preferred source for diverse content across six business verticals.

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Historic stock exchange in Copenhagen, Denmark, destroyed by fire

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Denmark's historic stock exchange in Copenhagen goes up in flames

Copenhagen, April 16 (IANS/DPA) The historic stock exchange in the Danish capital Copenhagen is on fire with the top of the building’s tower collapsing in flames on Tuesday morning. The cause of the fire is still unclear as the area remains cordoned off for safety.

Parts of the roof have collapsed and the fire is not yet under control. Around 120 firefighters and 60 armed forces members were deployed. The blaze has torn through half of the building, with historical paintings being carried away by individuals.

Denmark’s Defence Minister Troels Lund Poulsen expressed shock over the fire, comparing it to the Notre Dame incident. The Provianthuset, a wing of Christiansborg Palace, was evacuated, affecting parliament operations. Meetings at the Ministry of Finance were also canceled.

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The stock exchange, a tourist attraction, is on the island of Slotsholmen. The building, completed in 1625, was undergoing renovations. The restoration aimed to bring back the original appearance of the façade, correcting 19th-century work. The spire is a symbol of the city.

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Israel initiates diplomatic campaign against Iran

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Israel launches 'diplomatic offensive' against Iran

Tel Aviv, April 16 (IANS/DPA) Israel’s Foreign Minister Israel Katz has initiated a “diplomatic offensive” against Iran in response to a major Iranian attack on Israel. Katz reached out to 32 countries and numerous foreign ministers, urging for sanctions on Iran’s missile programme and the designation of the IRGC as a terrorist organization.

Katz believes that imposing sanctions and designating the IRGC as a terrorist organization would weaken Tehran and prevent further escalations. He emphasized the urgency of taking action, stating, “Iran must be stopped now – before it is too late.”

In addition to the diplomatic efforts, Katz also called for a military response to Tehran’s recent attack, which included over 300 missiles, cruise missiles, and drones. Israel and its allies successfully intercepted the majority of the incoming projectiles, but Katz stressed the need for a comprehensive approach to the situation.

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Following the major Iranian attack, Israel’s military leadership has indicated that a response is imminent. The attack, which occurred on Saturday night, was reportedly in retaliation for a suspected Israeli strike on an Iranian diplomatic compound in Syria, resulting in casualties among Iranian military personnel.

The escalating tensions between Israel and Iran have raised concerns about the potential for further violence in the region. Katz’s diplomatic offensive aims to address these tensions and prevent further hostilities through a combination of diplomatic and military measures.

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Who was Joel Cauchi Who Killed the Millionaire’s Daughter, a Pakistani Man and 4 Others?

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Who was Joel Cauchi Who Killed the Millionaire's Daughter, a Pakistani Man and 4 Others?

The entire world wants to know who Joel Cauchi is, the 40-year-old man who went on a rampage and injured around 12 people and killed six others, reported TimesNow.

Who Was Joel Cauchi?

Joel Cauchi has been shot dead during an escalation that happened in a shopping mall in Sydney where he killed six people and injured a dozen others. 

He hailed from the state of Queensland, Australia and has been accused of the stabbing spree that occurred at a shopping center in Sydney. 

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After a thorough investigation led by the law enforcement authorities and agencies, Cauchi’s identity emerged. However, authorities unveiled that Joel Cauchi “had encountered them in the past due to issues related to mental health.”

According to police, at the age of 17, Joel Cauchi was diagnosed with a mental ailment. 

Cauchi’s parents claimed that their son’s doings were “truly horrific.” They stated,

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“We are still trying to comprehend what has happened. He has battled with mental health issues since he was a teenager.”

It is believed that a month ago Cauchi traveled to Sydney. According to police, he hired a small storage unit where he kept his personal belongings, including a boogie board. 

As per Joel Cauchi’s parents, their son had been living in hostels and a vehicle. Moreover, Cauchi’s parents added that he was in contact with the family only via text messages. 

Why Joel Cauchi Is In the News?

Until now, the exact reason behind Joel’s motivation to attack remains unclear, says Karen Webb, the New South Wales Police Commissioner. 

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As per The Guardian, New South Wales (NSW) Police, while investigating the matter, said whether the suspect targeted women, but added it was an “obvious line of inquiry.”

Police added,

“Five other people – including four women believed to be aged between 20 and 55 and a man, aged in his 30s – who were in the center, died at the scene. They are yet to be formally identified. Twelve others – including nine women, two men and a 9-month-old child – suffering stab wounds, were treated by paramedics and taken to various Sydney hospitals.”

The tragedy took place on Saturday at Bondi Junction, a shopping center in Sydney in which Cauchi claimed the lives of six people. 

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He attacked five women and a man, a security guard who intervened during the attack. Among the women, 25-year-old Dawn Singleton was a victim.

Moreover, the daughter of John Singleton, the Australian multi-millionaire, was another victim and the security guard was a 30-year-old Pakistani man, who was identified on Sunday.

Also Read: All About Australian Influencer, Leah Halton Who’s About To Break Records

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