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Malta Sees 90% Fall in Sea Rescues After Libya 'Secret' Deal
Malta Sees 90% Fall in Sea Rescues After Libya 'Secret' Deal

Libya Review

time08-06-2025

  • Politics
  • Libya Review

Malta Sees 90% Fall in Sea Rescues After Libya 'Secret' Deal

Rescues of migrant boats by Malta's Armed Forces have dropped by 90% since the launch of a secretive migration coordination centre with Libya in 2020, while interceptions by the Libyan Coast Guard surged by 230%, according to new data published by Times of Malta newspaper. In 2020, migrants in distress within Malta's search and rescue (SAR) zone were three times more likely to be rescued by Maltese authorities than intercepted by Libyan vessels. That year, there were 21 rescues by the Armed Forces of Malta (AFM), compared to seven interceptions by the Libyan Coast Guard. However, by 2024, this trend had reversed dramatically. AFM rescues fell to just two, while the Libyan Coast Guard carried out 23 interceptions within the same SAR zone. The data was compiled by the Malta Migration Archive, a new digital research tool developed using NGO sources such as Alarm Phone and Sea-Watch International. The figures suggest that a migrant boat in distress in Malta's SAR zone last year was nearly ten times more likely to be intercepted by Libyan forces than rescued by Malta. This area, which covers a vast stretch of the central Mediterranean, remains Malta's responsibility under international maritime law. The archive shows a consistent drop in Maltese rescues since 2020, with the sharpest decline between 2020 and 2021. UNHCR data supports the findings, with sea arrivals to Malta falling from 2,300 in 2020 to just 238 in 2024. Despite the role of the Libyan Coast Guard being formalised by Tripoli, human rights groups and European courts have criticised its conduct. In June 2024, an Italian court ruled that its actions do not meet the legal definition of rescue due to violence used during interceptions. Malta, meanwhile, continues to deny allegations of ignoring distress calls in its SAR zone. Tags: ImmigrationlibyaMaltaMediterraneanmigrants

ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF MAJORITY INTEREST IN THE COMPANY
ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF MAJORITY INTEREST IN THE COMPANY

Yahoo

time04-06-2025

  • Business
  • Yahoo

ALPHAMIN ADVISED OF AGREEMENT BY MAJOR SHAREHOLDER FOR SALE OF MAJORITY INTEREST IN THE COMPANY

GRAND BAIE, MAURITIUS, June 04, 2025 (GLOBE NEWSWIRE) -- Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX) (the 'Company') announced today that it has been advised by its 57% majority shareholder, Tremont Master Holdings ('TMH'), that Tremont has entered into a definitive agreement for the sale of 718,990,967 common shares of the Company, representing approximately 56% of the outstanding common shares, to AbuDhabi-based International Resource Holding ('IRH') at a price of C$0.70 share, or C$503,293,677 (US$367,001,749) in the aggregate, and subject to certain completion adjustments that may decrease the total consideration. Details of the proposed transaction are contained in a joint news release issued by TMH and IRH dated June 3, 2025 (the 'News Release'). As disclosed in the News Release, IRH is an Abu Dhabi-based global mining company, focused on securing and optimizing industrial metals supply chains. IRH invests in high-quality upstream and midstream assets to enhance the stability and efficiency of global raw material markets. The News Release also discloses that closing of the transaction is subject to certain closing conditions, including, among others, the receipt of all regulatory and internal corporate approvals. The board of directors of Alphamin is evaluating the impact, if any, of the proposed transaction to the Company. By order of the Board ___________________________________________________________________________ FOR MORE INFORMATION, PLEASE CONTACT: Maritz SmithCEOAlphamin Resources +230 269 4166E-mail: msmith@ Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Timor-Leste eyes October deadline
Timor-Leste eyes October deadline

New Straits Times

time29-05-2025

  • Politics
  • New Straits Times

Timor-Leste eyes October deadline

KUALA LUMPUR: Timor-Leste is confident that it can clear all hurdles in time to secure full Asean membership by October. Prime Minister Kay Rala Xanana Gusmão said the nation has fulfilled more than 80 per cent of the bloc's entry requirements and is racing to wrap up the remainder. Buoyed by strong support from Malaysia, particularly Asean chairman Datuk Seri Anwar Ibrahim, Gusmão said he is confident Timor-Leste will soon join as the regional bloc's 11th member. "I'm very confident because my friend and brother, Anwar Ibrahim, has given his full support. "I'm also confident because all the countries have said, 'Yes, you must do everything that is still needed to become a member.' "We have to begin fulfilling the remaining requirements. "The main challenge is completing all preparations. We can say that we've achieved more than 80 per cent. "Our immediate task is to send the laws to Parliament," he said. On Tuesday, Anwar announced that the bloc had agreed to accept Timor-Leste as a full member, pending the completion of legal requirements under the Asean Foreign Ministers (AFM) framework. Anwar said Asean will do "whatever is necessary" to ensure that Timor-Leste becomes the bloc's latest member by October. Timor-Leste, the youngest nation in Southeast Asia, has been pursuing full Asean membership since gaining independence in 2002. The country formally applied for membership in 2011. During the Asean Summit in Cambodia in 2022, Timor-Leste was admitted in principle as Asean's 11th member and granted observer status. STRONG POLITICAL WILL Gusmão said there is strong political will across Timor-Leste's leadership to see the membership process through. "Just yesterday, our parliamentary speaker attended the AIPA (Asean Inter-Parliamentary Assembly) meeting and has become aware of the steps required. "I believe that once she returns to Dili (Timor-Leste's capital), she will do everything she can to convince Parliament to approve the remaining laws." He said some of the legal instruments required for membership need to be ratified by Parliament. "As I understand it, certain laws must first be approved by Parliament, then sent to the president for promulgation, before final ratification. "That's why we are doing everything to become a full Asean member by October." He said Malaysia has been politically and technically supportive, helping Timor-Leste understand Asean's requirements and guiding the country through the membership process. He added that other member states have also offered assistance, including a personal assurance from Singaporean Prime Minister Lawrence Wong. CONTRIBUTING TO ASEAN Gusmão acknowledged that Timor-Leste, as a young nation, cannot expect to make immediate, significant contributions to Asean upon joining. He said participation will be an ongoing, year-by-year process. Timor-Leste, he said, plans to leverage its membership to boost its capabilities, particularly in human resource development. "At the Asean-GCC (Gulf Cooperation Council) China Summit, one of the issues that was brought up was people-to-people relations, human resource development and skills exchange. "We will seize the opportunity to learn more, for the benefit of our people. "We cannot immediately say that we can export something," he said. He said some areas Timor-Leste could leverage include agriculture, where the focus is on improving food security. "During the summit, everyone, including Cambodia, Vietnam, China, Kuwait, and the United Arab Emirates, talked about agriculture. "As a small, mountainous country facing climate change challenges, we face additional difficulties. If successful practices work elsewhere, we can adopt them to boost our ability to feed our people." He highlighted the importance of respecting the unique circumstances of each Asean nation and noted that understanding neighbours' cultures and ways of life is essential to building strong regional ties. A MEANINGFUL SUMMIT Asked for his views on the Asean Summit and its related meetings, he described the event as highly significant, especially due to the depth and value of the exchanges. "It was meaningful due to the openness and exchange of ideas. Anwar presented what Malaysia, as chairman, would do this year, and the theme was inclusivity and sustainability. "There were productive discussions on this, but it was even more meaningful because he also presented a draft of the Kuala Lumpur Declaration On Asean 2045. "It was wonderful, and it also pointed to more integration between countries in all areas, making it significant." He also described the summit between Asean, GCC and China as significant, as all parties had begun exploring ways to boost cooperation amid the challenging global environment. He said they also reaffirmed their commitment to international law and humanitarian rights, particularly for Palestinians in Gaza, during a time of uncertainty and tension. "The three parties expressed commitment to deepen cooperation in economic security, peace, political dialogue and human rights advocacy.

All resolutions approved at the 2025 STMicroelectronics' Annual General Meeting of Shareholders
All resolutions approved at the 2025 STMicroelectronics' Annual General Meeting of Shareholders

Yahoo

time28-05-2025

  • Business
  • Yahoo

All resolutions approved at the 2025 STMicroelectronics' Annual General Meeting of Shareholders

All resolutions approved at the 2025 STMicroelectronics' Annual General Meeting of Shareholders Amsterdam, May 28, 2025 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the results related to the voting items of its 2025 Annual General Meeting of Shareholders (the '2025 AGM'), which was held today in Amsterdam, the Netherlands. All the resolutions were approved by the Shareholders: The adoption of the Company's statutory annual accounts for the year ended December 31, 2024, prepared in accordance with International Financial Reporting Standards (IFRS). The 2024 statutory annual accounts1 were filed with the Netherlands Authority for the Financial Markets (AFM) on March 27, 2025 and are posted on the Company's website ( and the AFM's website ( The distribution of a cash dividend of US$ 0.36 per outstanding share of the Company's common stock, to be distributed in quarterly installments of US$ 0.09 in each of the second, third and fourth quarters of 2025 and first quarter of 2026 to shareholders of record in the month of each quarterly payment as per the table below; The adoption of the remuneration for the members of the Supervisory Board; The appointment of Werner Lieberherr, as member of the Supervisory Board, for a three-year term expiring at the end of the 2028 AGM, in replacement of Ms. Janet Davidson whose mandate has expired at the end of the 2025 AGM; The appointment of Ms. Simonetta Acri, as member of the Supervisory Board, for a three-year term expiring at the end of the 2028 AGM in replacement of Ms. Donatella Sciuto whose mandate has expired at the end of the 2025 AGM; The reappointment of Ms. Anna de Pro Gonzalo, as member of the Supervisory Board, for a three-year term to expire at the end of the 2028 AGM; The reappointment of Ms. Hélène Vletter-van Dort, as member of the Supervisory Board, for a three-year term to expire at the end of the 2028 AGM; The appointment of PricewaterhouseCoopers Accountants N.V. as the Company's external auditor for the financial years 2026-2029; The appointment of PricewaterhouseCoopers Accountants N.V. to audit the Company's sustainability reporting for the financial years 2026-2027, to the extent required by law; The approval of the stock-based portion of the compensation of the President and CEO; The approval of the stock-based portion of the compensation of the Chief Financial Officer; The authorization to the Managing Board, until the conclusion of the 2026 AGM, to repurchase shares, subject to the approval of the Supervisory Board; The delegation to the Supervisory Board of the authority to issue new common shares, to grant rights to subscribe for such shares, and to limit and/or exclude existing shareholders' pre-emptive rights on common shares, until the end of the 2026 AGM; The discharge of the members of the Managing Board; and The discharge of the members of the Supervisory Board. The complete agenda and all relevant detailed information concerning the 2025 AGM, as well as all related AGM materials, are available on the Company's website ( and made available to shareholders in compliance with legal requirements. The draft minutes of the AGM will be posted on the General Meeting of Shareholders page of the Company's website ( within 30 days following the 2025 AGM. As for rule amendments from the Securities and Exchange Commission (SEC) and conforming FINRA rule changes, on US market the standard for settlement is the next business day after a trade or t+1. European settlement rule remains at t+2 for the time being. The table below summarizes the full schedule for the quarterly dividends: Transfer between New York and Dutch registered shares restricted: In Europe in NYSE Quarter Ex-dividend Date Record Date Payment Date Ex-dividend and Record Date Payment Date: on or after From End of Business in NY on: Until Open of Business in NY on: Q2 2025 23-Jun-25 24-Jun-25 25-Jun-25 24-Jun-25 1-Jul-25 20-Jun-25 25-Jun-25 Q3 2025 22-Sep-25 23-Sep-25 24-Sep-25 23-Sep-25 30-Sep-25 19-Sep-25 24-Sep-25 Q4 2025 15-Dec-25 16-Dec-25 17-Dec-25 16-Dec-25 23-Dec-25 12-Dec-25 17-Dec-25 Q1 2026 23-Mar-26 24-Mar-26 25-Mar-26 24-Mar-26 31-Mar-26 20-Mar-26 25-Mar-26 About STMicroelectronicsAt ST, we are 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of cloud-connected autonomous things. We are on track to be carbon neutral in all direct and indirect emissions (scopes 1 and 2), product transportation, business travel, and employee commuting emissions (our scope 3 focus), and to achieve our 100% renewable electricity sourcing goal by the end of 2027. Further information can be found at INVESTOR RELATIONSJérôme RamelEVP Corporate Development & Integrated External CommunicationTel: + MEDIA RELATIONSAlexis BretonCorporate External CommunicationsTel: + 1 The Annual Report includes the sustainability statement which is prepared based on the general principles of the Corporate Sustainability Reporting Directive (CSRD). Attachment C3340C - ST Press Release - All Resolutions adopted - 2025 AGM - FINAL FOR PUBLICATIONSign in to access your portfolio

[UPDATED] Asean committed to Timor-Leste's full membership by October, says Anwar
[UPDATED] Asean committed to Timor-Leste's full membership by October, says Anwar

New Straits Times

time27-05-2025

  • Business
  • New Straits Times

[UPDATED] Asean committed to Timor-Leste's full membership by October, says Anwar

KUALA LUMPUR: Asean will do whatever is necessary to ensure that Timor-Leste becomes the 11th member of the economic bloc by October this year. Prime Minister Datuk Seri Anwar Ibrahim said the bloc had agreed to accept Timor-Leste as a full member, pending the completion of necessary legal requirements under the Asean Foreign Ministers' (AFM) framework. "Timor-Leste was considered; they have been working hard, (but) there were parameters and pillars that need to be met, (including) political, economic, legal and they have tried very hard. "Malaysia, Indonesia and several other countries have assisted in many ways to help them meet the pre-conditions that were set for any entry into Asean, and I would say we are quite satisfied. "So the decision was clearly to agree that they would be accepted as a full member by the next session in October. "However, this is subject to one or two actions or reforms that must be undertaken, particularly to fulfil certain conditions under the economic pillar," he said. On Sunday, Foreign Minister Datuk Seri Mohamad Hasan said Timor-Leste must work "doubly hard" to secure full Asean membership, including adopting the necessary guidelines under the AFM framework related to Asean's legal instruments. While the regional bloc is eager to assist Timor-Leste, Mohamad said the country must also demonstrate its own commitment. He said that Malaysia, as this year's Asean chair, had proposed that Timor-Leste be admitted as the bloc's newest member despite not having fulfilled all 84 legal instruments required.

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