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Geostrategy

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

NATO not seeking regime change in Russia: Scholz

It is for the nations to fight for the freedom, Olaf Scholz said.
By TRENDS Desk AFP
March 28, 2022 7:55 am
  • White House played down US President Joe Biden's comments in which he called the Russian president as a 'butcher' for invading Ukraine
  • Democracy, freedom, and justice have a future everywhere, German Chancellor Olaf Scholtz has said

Regime change in Russia is not NATO’s objective, despite Moscow’s invasion of Ukraine, German Chancellor Olaf Scholz said Sunday, a day after US President Joe Biden branded Vladimir Putin a “butcher” who “cannot remain in power”.

It “is not the objective of NATO, nor that of the US president”, Scholz told German state television channel ARD.”I’ve had the chance to talk at length with him at the White House and we have also discussed these questions,” he added.The White House moved quickly Saturday to play down Biden’s comments during an impassioned speech in Warsaw.

Having denounced the Russian president as a “butcher” for his invasion of Ukraine, Biden said at the end of the speech: “For God’s sake, this man cannot remain in power.”

“Democracy, freedom and justice have a future everywhere,” said Scholz on Sunday.

“But it’s for the people and to nations to fight for this freedom,” he added.

Scholz’s comments follow remarks earlier Sunday by French President Emmanuel Macron, in which he warned against verbal “escalation” with Putin.

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