Latest news with #PiroschkavandeWouw
The Star
6 days ago
- The Star
ICC issues arrest warrant for Libyan war crimes suspect
FILE PHOTO: The International Criminal Court building is seen in The Hague, Netherlands, January 16, 2019. REUTERS/Piroschka van de Wouw/File Photo AMSTERDAM (Reuters) -The International Criminal Court (ICC) said on Friday it had issued an arrest warrant for a Libyan national accused of war crimes. The ICC said Saif Suleiman Sneidel is believed to be a member of "Group 50", a sub-group of the Al-Saiqa Brigade, and said there are reasonable grounds to believe he is responsible for war crimes of murder, torture and outrages upon personal dignity, allegedly committed in Benghazi or surrounding areas, in Libya, in 2026-2017. (Reporting by Charlotte Van Campenhout, editing by GV De Clercq)
Straits Times
04-08-2025
- Business
- Straits Times
Netherlands uses new NATO channel to pay for US arms for Ukraine
Sign up now: Get ST's newsletters delivered to your inbox Military equipment are pictured as the Dutch government presents plans to increase spending on defence to 2% of GDP in the wake of the Russia-Ukraine conflict, in Amersfoort, Netherlands, September 5, 2024. REUTERS/Piroschka van de Wouw/File Photo AMSTERDAM/BRUSSELS - The Netherlands said on Monday it will contribute 500 million euros ($578 million) to purchase U.S. military equipment for Ukraine, becoming the first NATO country to contribute to a new mechanism to supply Kyiv with American weapons. President Donald Trump said last month the U.S. would provide weapons to Ukraine, paid for by European allies, but he did not provide details on how this would work. "As the first NATO ally, the Netherlands will deliver a €500 million package of US weapon systems (including Patriot parts and missiles)," Dutch Defence Minister Ruben Brekelmans said in a post on X. NATO chief Mark Rutte, a former Dutch prime minister, welcomed the announcement and said he has encouraged other alliance members to participate in the new mechanism, called the NATO Prioritised Ukraine Requirements List (PURL) initiative. 'This is about getting Ukraine the equipment it urgently needs now to defend itself against Russian aggression,' Rutte said in a statement. 'I have written to all NATO Allies, urging them to contribute towards this burden sharing initiative, and I expect further significant announcements from other Allies soon,' he added. The U.S. ambassador to NATO, Matthew Whitaker, told Reuters on Monday that he expected many more countries to announce over the coming weeks that they will participate. 'We're moving as fast as possible,' Whitaker said in an interview at NATO headquarters in Brussels. Asked about a timeline for getting U.S. deliveries to Ukraine under the new mechanism, he said, 'I think we'll see it moving very quickly, certainly in the coming weeks, but some even sooner than that. 'The Dutch are just the first of many. You're going to see a series of announcements in the coming weeks,' he added. NATO said it would coordinate the new initiative, which is funded by European members of the alliance and Canada and will be divided into packages worth approximately $500 million. In a statement, the alliance said, "Working closely with Ukraine and the United States, the Supreme Allied Commander Europe Alexus Grynkewich will validate packages that correspond to Ukraine's needs, such as air defence, ammunition and other critical equipment for rapid delivery from U.S. stockpiles". Kyiv welcomed the Dutch decision. "Ukraine, and thus the whole of Europe, will be better protected from Russian terror," Ukrainian President Volodymyr Zelenskiy wrote on X. "I am sincerely grateful to the Netherlands for their substantial contribution to strengthening Ukraine's air shield," he added. REUTERS
Straits Times
04-08-2025
- Business
- Straits Times
Netherlands to start NATO's new Ukraine weapons finance scheme with $578 million payment
Sign up now: Get ST's newsletters delivered to your inbox Military equipment are pictured as the Dutch government presents plans to increase spending on defence to 2% of GDP in the wake of the Russia-Ukraine conflict, in Amersfoort, Netherlands, September 5, 2024. REUTERS/Piroschka van de Wouw/File Photo AMSTERDAM - The Netherlands will be the first contributor to NATO's new "Priority Ukraine Requirements List" (PURL) financing mechanism for Ukraine weapons with a 500 million euros ($578 million) payment, the Dutch defence minister said on Monday. "Ukraine needs more air defence and ammunition now. As the first NATO ally, the Netherlands will deliver a €500 million package of US weapon systems (including Patriot parts and missiles)," Dutch Defense Minister Ruben Brekelmans said in a statement on X. "This helps Ukraine to defend itself and the rest of Europe against Russian aggression," he added. In a statement posted on the Dutch defence ministry website, the ministry said that other countries have also pledged financing under the new mechanism. The defence ministry said that under the new scheme, Ukraine can draw on US military equipment stocks if these are funded by NATO allies. The United States is releasing military aid in packages worth approximately $500 million, it said, adding that the packages consist of air defence equipment, ammunition and other essential supplies tailored to Ukraine's needs. U.S. President Donald Trump said last month the U.S. would supply weapons to Ukraine, paid for by European allies, but did not provide details on how this would work. Reuters reported on Friday that NATO countries, Ukraine, and the U.S. were developing a new Ukraine weapons financing mechanism. REUTERS
The Star
22-07-2025
- Business
- The Star
NXP second-quarter revenue falls 6%
FILE PHOTO: The logo of Dutch chipmaker NXP is seen at their headquarters as NXP receives a 1 billion euro loan for Europe-based chip research in Nijmegen, Netherlands January 15, 2025. REUTERS/Piroschka van de Wouw/File Photo (Reuters) -Chipmaker NXP Semiconductors posted a 6% drop in second-quarter revenue on Monday, led by weakness in communications and infrastructure segment amid broader market softness. NXP's revenue for the second quarter fell 6.4% to $2.93 billion, although it still narrowly beat analyst expectations of $2.90 billion, according to data compiled by LSEG. NXP's chips are used for high-speed digital processing utilized in sectors such as automotive, manufacturing, telecommunications and the Internet of Things (IoT). The shares of the company fell 5% in trading after the bell. Revenue from its communication and infrastructure segment fell 27% to $320 million in the quarter. Industrial and IoT revenue fell 11%, while the automotive segment was flat. For the third quarter, the company expects revenue to be between $3.05 billion and $3.25 billion, the midpoint of which is above analysts' estimates of $3.07 billion. (Reporting by Kritika Lamba in Bengaluru; Editing by Anil D'Silva)
The Standard
15-07-2025
- Automotive
- The Standard
Volvo Cars books $9 billion impairment charge due to tariffs, launch delays
A logo of Volvo is seen inside a car dealer in Nijmegen, Netherlands February 26, 2025. REUTERS/Piroschka van de Wouw/File Photo
