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Ukraine walks telecoms tightrope between China and the West

Published Wed, 12 Feb 2025 12:02:48 GMT

Ukraine faces a conundrum: Use Chinese telecom kit to repair its shattered infrastructure or side with Western allies in icing out the likes of Huawei and ZTE.Either decision carries risk. Cutting Chinese equipment from networks could come at a steep cost even if it plays well with the United States and Europe. On the other hand, China’s willingness to discreetly deliver military equipment to Moscow, as previously reported by POLITICO, demonstrates its friendliness toward Kyiv’s antagonist. “It must be clearly understood that today China has already determined its position regarding Ukraine,” said Yuriy Matsyk, the head of fixed broadband at the Ukrainian Ministry for digital transition.China, still, could provide both Russia with wartime equipment while gaining from Ukraine’s reconstruction efforts through its telecom companies’ contracts. Kyiv is now contemplating a ban on Chinese telecom vendors as it seeks to secure ties with the European Union and NATO. We...

1 dead after multi-car crash on I-95 in North Attleboro

Published Wed, 12 Feb 2025 12:02:48 GMT

A 58-year-old Foxboro man died and another person was seriously injured Monday in a multi-car crash in North Attleboro, state police said. The crash happened on I-95, starting on the southbound side of the highway when, police said, Buick and a Cadillac vehicle collided near Exit 7. Police said the driver of the Cadillac, a 61-year-old Providence man, lost control of his car and crossed the median before colliding with a Jaguar vehicle on I-95 north. The driver of the Jaguar was pronounced dead at the scene, according to police. The driver of the Cadillac was taken to a hospital with serious injuries. Police said driver of the Buick fled the scene.State police said troopers responded to the area around 4:15 p.m. and spoke with witnesses who described the fleeing Buick. Around 5 p.m., police said, authorities in Attleboro reported finding a Buick that matched the description of the fleeing vehicle with front-end damage and a flat tire. “Troopers responded to Attle...

Putin is not planning to attend the funeral for Wagner chief Prigozhin, the Kremlin says

Published Wed, 12 Feb 2025 12:02:48 GMT

ST. PETERSBURG, Russia (AP) — President Vladimir Putin is not planning to attend the funeral for Yevgeny Prigozhin, the Kremlin said, following reports that the mercenary chief who challenged the Russian leader’s authority would be buried Tuesday.Kremlin spokesman Dmitry Peskov wouldn’t say where or when the chief of the Wagner Group military company would be buried, adding that he couldn’t comment on a private family ceremony.St. Petersburg’s Fontanka news outlet and some other media said the 62-year-old Prigozhin could be laid to rest as early as Tuesday at the city’s Serafimovskoye cemetery, which has been used for high-profile military burials. Heavy police cordons encircled the cemetery, where Putin’s parents are also buried, but no service was immediately held and increased police patrols also were seen at some other city cemeteries.Later in the day, a funeral was held at St. Petersburg’s Northern Cemetery for Wagner’s logistics chief V...

Police respond to violent, multi-vehicle crash on Route 3 in Burlington

Published Wed, 12 Feb 2025 12:02:48 GMT

Police are investigating a crash on Route 3 in Burlington overnight.Crews responding to a reported crash on the northbound side of the highway found vehicles overturned and at least one in the woods.No additional information was immediately available.This is a developing news story; stay with 7NEWS on-air and online for the latest details.

Biden administration targets diabetes drug, blood thinner, others for Medicare price negotiations

Published Wed, 12 Feb 2025 12:02:48 GMT

WASHINGTON (AP) — A popular diabetes treatment and the blood thinner Eliquis are among the first drugs that will be targeted for price negotiations in effort to cut Medicare costs.President Joe Biden’s administration on Tuesday released a list of 10 drugs for which the federal government will take a first-ever step: negotiating drug prices directly with the manufacturer.The move is expected to cut costs for some patients but faces litigation from the drugmakers and heavy criticism from Republican lawmakers. It’s also a centerpiece of the Democratic president’s reelection pitch as he seeks a second term in office by touting his work to lower costs for Americans at a time when the country has struggled with inflation. The diabetes treatment Jardiance from Eli Lilly and Co. made the list, along with Amgen’s autoimmune disease treatment Enbrel. Other drugs include Entresto from Novartis, which is used to treat heart failure. Medicare spent about $10 billion in 2020 on Eliquis, acc...

Ontario could return some land to Greenbelt after developers tried to sell: Ford government

Published Wed, 12 Feb 2025 12:02:48 GMT

Two parcels of land could soon be returned to the Greenbelt after the property owners listed the land for sale, the Ford government says.A statement from Premier Doug Ford alleges two sites in Ajax were put up for sale and the government has immediately started the process of putting the land back into the Greenbelt. The property was chosen as part of a land swap that the province says will bring tens of thousands of new homes to Ontario.“At no point was the intention to sell disclosed to the government’s facilitator during active and ongoing discussions,” reads Ford’s statement. “This behaviour goes against everything that our government is doing to bring home ownership into reach for more people.”Ford says other property owners involved are being put on notice and their land could also be returned if they don’t meet the government’s conditions, “including showing real progress by the end of the year to get shovels into the ground by 2025.&...

3 activists are acquitted of defaming a Thai poultry company accused of violating labor laws

Published Wed, 12 Feb 2025 12:02:48 GMT

BANGKOK (AP) — Three human rights activists were acquitted Tuesday of criminally defaming a Thai poultry company with social media posts that supported other activists who had accused it of abusive labor practices, according to the defendants and their lawyer. They were charged under a law that could have led to a 42-year prison sentence if convicted. The company, Thammakaset, said the defendants’ social media comments linked indirectly to what it called a defamatory video produced by a human rights group, Fortify Rights, containing an interview with a worker who claimed abusive working conditions. In total, the case involved 30 counts of criminal defamation.The company’s representative, Chanchai Pheamphon, did not answer telephone calls seeking comment and did not reply to text messages. Several Asian countries have criminal defamation laws. Critics say such defamation cases are often used by companies and politicians to silence and intimidate critics. Since 2016, Thammakaset...

A German woman who belonged to IS is imprisoned for allowing a 5-year-old child slave to die in Iraq

Published Wed, 12 Feb 2025 12:02:48 GMT

BERLIN (AP) — A Munich court on Tuesday sentenced a German woman who was a member of the Islamic State group to 14 years in prison for allowing a 5-year-old Yazidi girl she and her husband kept as a slave in Iraq to die of thirst in the sun. The decision replaced an earlier prison sentence of 10 years. A German appeals court had ordered a new sentencing hearing for the woman, who has been identified only as Jennifer W. in line with German privacy rules, after the country’s Federal Court of Justice threw out an appeal by the defendant but partly approved an appeal by prosecutors. It overturned the sentence, though not the rest of the verdict, and sent the case back to the Munich state court for a new decision.The Munich state court convicted the 32-year-old of, among other things, enslavement resulting in death, and accused her of acting out of contempt for human life, German news agency dpa reported.The woman from Lohne in Lower Saxony had previously confessed to watching the ...

Scotiabank reports Q3 profit down, provision for credit losses up

Published Wed, 12 Feb 2025 12:02:48 GMT

TORONTO — Scotiabank reported its third-quarter profit fell compared with a year ago as its provision for credit losses nearly doubled.The bank says its net income amounted to $2.21 billion or $1.72 per diluted share for the quarter ended July 31, down from $2.59 billion or $2.09 per diluted share a year earlier.Revenue for the quarter totalled $8.09 billion, up from $7.80 billion.Scotiabank’s provision for credit losses totalled $819 million in its latest quarter, up from $412 million in the same quarter last year.On an adjusted basis, the bank says it earned $1.73 per diluted share, down from an adjusted profit of $2.10 per diluted share a year ago.Analysts on average had expected an adjusted profit of $1.74 per share, according to estimates compiled by financial markets data firm Refinitiv.This report by The Canadian Press was first published Aug. 29, 2023.Companies in this story: (TSX:BNS)The Canadian Press

Millennial Money: How to manage caregiving costs for parents while raising kids

Published Wed, 12 Feb 2025 12:02:48 GMT

Nearly a quarter of millennials are caregivers for an adult, according to a 2020 AARP survey. And a 2020 report from insurance marketplace GoHealth found that 1 in 3 millennials are supporting their parents financially, and more than a quarter help manage their parents’ health care.This means that in addition to caring for young children, many millennials are also managing the needs of parents, grandparents or other loved ones. That can take a toll: Eighty-two percent of millennials worry about having enough money to support both their parents and themselves, according to GoHealth.While there are many resources available that can help with costs, it’s hard to know where to look. Here are some starting points.ASK ABOUT THEIR RESOURCESDoes your loved one have long-term care insurance? This coverage can help with in-home care costs or assisted living or nursing home expenses. “I’ve talked to a lot of caregivers who didn’t even know their loved ones had long-term care policies,” says Am...