France hails ‘positive process’ as Europe, US discuss Ukraine ceasefire

Update France hails ‘positive process’ as Europe, US discuss Ukraine ceasefire
France on Thursday praised “excellent” Paris talks involving top US, European and Ukrainian officials, saying they had launched “a positive process” as Kyiv’s allies seek to rekindle stalled ceasefire efforts. (Reuters)
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Updated 17 April 2025
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France hails ‘positive process’ as Europe, US discuss Ukraine ceasefire

France hails ‘positive process’ as Europe, US discuss Ukraine ceasefire
  • “Today in Paris, we launched a positive process in which the Europeans are involved,” the French presidency said
  • Rubio called Russia’s Foreign Minister Sergei Lavrov to discuss the Paris meeting, Moscow and Washington said

PARIS: France on Thursday hailed talks on the Ukraine war between top US and European officials during which US Secretary of State Marco Rubio reaffirmed a US peace plan.
President Emmanuel Macron’s office said the talks launched a “positive process” as Europe seeks to be included in efforts to end the three-year-old war.
The meetings in the French capital included Macron, Rubio, US envoy Steve Witkoff, British Foreign Secretary David Lammy, German officials and Ukrainian ministers.
They took place as President Donald Trump’s push to end the war stumbles, with Russia’s President Vladimir Putin rebuffing a complete truce.
“Today in Paris, we launched a positive process in which the Europeans are involved,” the French presidency said.
A new meeting of envoys from the United States, France, Britain, Germany and Ukraine will take place next week in London, it added.
Rubio called Russia’s Foreign Minister Sergei Lavrov to discuss the Paris meeting, Moscow and Washington said.
“President Trump and the United States want this war to end, and have now presented to all parties the outlines of a durable and lasting peace,” the US State Department said Rubio told his Russian counterpart.
“The encouraging reception in Paris to the US framework shows that peace is possible if all parties commit to reaching an agreement,” he added.
Ukrainian President Volodymyr Zelensky also praised the talks.
“It is important that we hear each other, refine and clarify our positions, and work for the sake of real security of Ukraine and all our Europe,” Zelensky said in a post on X.
Kremlin spokesman Dmitry Peskov however dismissed the Paris meeting, saying earlier that Europeans seemed to have “a focus on continuing the war.”
France and Britain have taken a leading role seeking a coordinated European response to defending Ukraine, during the conflict and in any ceasefire, after Trump shocked them by opening talks with Russia.
Macron said the Paris talks were “a very important occasion for convergence,” as everybody wanted “a robust and sustainable peace.”
French Foreign Minister Jean-Noel Barrot told reporters: “The novelty is that today in Paris, the United States, Ukraine, and the Europeans gathered around the same table.”
“For a long time there was concern that the Europeans would not be at the table,” he said.
Barrot expressed hope that the London meeting next week would help achieve a full and unconditional ceasefire “in the very near future.”
Russia’s strikes, which have recently killed dozens of people including children in Ukrainian cities, have increased pressure for new diplomatic efforts to end the conflict.
Zelensky earlier accused Witkoff of “spreading Russian narratives” after the US envoy suggested a peace deal with Russia hinged on the status of Ukraine’s occupied territories.
“I believe that Mr.Witkoff has taken on the strategy of the Russian side,” Zelensky told reporters.
“I think it is very dangerous, because he is consciously or unconsciously, I don’t know, spreading Russian narratives.”
Witkoff said this week that Putin was open to “permanent peace” after talks with the Kremlin chief in Saint Petersburg, their third meeting since Trump returned to the White House in January.
Despite the diplomatic efforts, Russia has continued to strike Ukraine.
Russian drone strikes and shelling in Ukraine killed at least 12 people on Thursday, Ukrainian authorities said, just days after a Russian attack killed at least 35 people in the northeastern city of Sumy.
Zelensky said Wednesday that negotiators were making “good progress” with the United States in fraught talks over a minerals deal intended to secure desperately needed US support. Trump said a deal could be signed next week.
Putin last month rejected a US proposal for a full and unconditional ceasefire, after Kyiv gave its backing to the idea.
He also suggested Zelensky be removed from office, sparking an angry response from Trump who said he was “very angry” with the Russian leader.
France’s Defense Minister Sebastien Lecornu held talks in Washington on Thursday with US Defense Secretary Pete Hegseth, who called on France to boost military spending, a Pentagon spokesman said.
“The secretary urged France to increase defense spending and, alongside other NATO allies, take primary responsibility for Europe’s conventional defense,” the spokesman said.


Nose cone glitch wipes Australian rocket launch

Nose cone glitch wipes Australian rocket launch
Updated 41 sec ago
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Nose cone glitch wipes Australian rocket launch

Nose cone glitch wipes Australian rocket launch
  • The mishap happened before fueling of the vehicle at the company’s spaceport near the east coast township of Bowen

SYDNEY: An Australian aerospace firm said Friday it has scrubbed a historic attempt to send a locally developed rocket into orbit, citing a glitch in the nose cone protecting its payload — a jar of Vegemite.
An electrical fault erroneously deployed the opening mechanism of the carbon-fiber nose cone during pre-flight testing, Gilmour Space Technologies said.
The nose cone is designed to shield the payload during the rocket’s ascent through the Earth’s atmosphere before reaching space.
The mishap happened before fueling of the vehicle at the company’s spaceport near the east coast township of Bowen, about 1,000 kilometers  up from the Queensland capital Brisbane.
“The good news is the rocket and the team are both fine. While we’re disappointed by the delay, we’re already working through a resolution and expect to be back on the pad soon,” said chief executive Adam Gilmour.
“As always, safety is our highest priority.”
Gilmour said the team would now work to identify the problem on its 23-meter, three-stage Eris rocket, which is designed to send satellites into low-Earth orbit.
A replacement nose cone would be transported to the launch site in the coming days, he said.
Weighing 30 tons fully fueled, the rocket has a hybrid propulsion system, using a solid inert fuel and a liquid oxidiser, which provides the oxygen for it to burn.
If successful, it would be the first Australian-made rocket to be sent into orbit from Australian soil.
“We have all worked really hard so, yes, the team is disappointed. But on the other hand, we do rockets — they are used to setbacks,” said communications chief Michelle Gilmour.
“We are talking about at least a few weeks, so it is not going to happen now,” she told AFP.
The payload for the initial test — a jar of Vegemite — remained intact.
“It’s hardy, resilient, like Aussies,” she said.
Gilmour Space Technologies had to delay a launch attempt the previous day, too, because of a bug in the external power system it relies on for system checks.
The company, which has 230 employees, hopes to start commercial launches in late 2026 or early 2027.
It has worked on rocket development for a decade, and is backed by investors including venture capital group Blackbird and pension fund HESTA.


Coinbase warns of up to $400 million hit from cyberattack

Coinbase warns of up to $400 million hit from cyberattack
Updated 16 May 2025
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Coinbase warns of up to $400 million hit from cyberattack

Coinbase warns of up to $400 million hit from cyberattack
  • Hackers bribed staff overseas
  • Company rejected $20 million ransom demand

Coinbase forecast a hit of $180 million to $400 million from a cyberattack that breached account data of a “small subset” of its customers, the crypto exchange said in a regulatory filing on Thursday.
The company received an email from an unknown threat actor on May 11, claiming to have information about certain customer accounts as well as internal documents.
While some data — including names, addresses and emails — was stolen, the hackers did not get access to login credentials or passwords, Coinbase said. It would, however, reimburse customers who were tricked into sending funds to the attackers.
Hackers had paid multiple contractors and employees working in support roles outside the US to collect information. The company had fired those involved, it said.
Separately, the US Securities and Exchange Commission had begun scrutinizing whether Coinbase had misstated its user figures, two sources familiar with the matter told Reuters.
The agency had also been interested in whether any inaccurate user data could indicate the company had inadequate know-your-customer compliance that is required of firms registered with the SEC, the sources said.
A Coinbase spokesperson denied the SEC was probing the company’s compliance with know-your-customer and Bank Secrecy Act rules.
Another source familiar with the matter said that the SEC did not directly ask questions about such compliance and that it would not be a relevant topic since the SEC
dropped a separate case
against Coinbase alleging the firm failed to register with the SEC.
The inquiry into Coinbase’s “verified user” metric had continued even after the SEC abandoned its other lawsuit, the source said. The New York Times first reported the investigation into user data from past disclosures.
Coinbase shares extended losses after the report and were last down 6.5 percent.
“This is a hold-over investigation from the prior administration about a metric we stopped reporting two and a half years ago, which was fully disclosed to the public,” Coinbase’s chief legal officer, Paul Grewal, said.
“While we strongly believe this investigation should not continue, we remain committed to working with the SEC to bring this matter to a close.”
The SEC declined to comment.

Cracks in crypto
The latest developments come days before the company is set to join the benchmark S&P 500 index, casting a shadow over what was expected to be a landmark moment for the crypto industry.
Security remains a challenge for the crypto industry despite its growing mainstream acceptance. In February, Bybit disclosed a hack in which around $1.5 billion of digital tokens were stolen — widely dubbed the biggest crypto heist of all time.
“The cyberattack may push the industry to adopt stricter employee vetting and introduce some reputational risks,” said Bo Pei, analyst at US Tiger Securities.
Funds stolen by hacking crypto platforms totaled $2.2 billion in 2024, according to a report from Chainalysis.
“As our nascent industry grows rapidly, it draws the eye of bad actors, who are becoming increasingly sophisticated in the scope of their attacks,” said Nick Jones, founder of crypto firm Zumo.
The firm now also faces a lawsuit, filed in the Southern District of New York, alleging the world’s largest crypto exchange failed to secure and safeguard personally identifiable information of millions of former and current customers, the filing showed.
Coinbase has refused to pay a ransom demand of $20 million from the attackers and is working with law enforcement agencies. It has instead established a $20 million reward for information on the hackers.
The company is also opening a new support hub in the US and taking other measures to prevent such cyberattacks, it said.


Republican House bill would jack up cost of US solar home systems, PV panel makers warn

Republican House bill would jack up cost of US solar home systems, PV panel makers warn
Updated 16 May 2025
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Republican House bill would jack up cost of US solar home systems, PV panel makers warn

Republican House bill would jack up cost of US solar home systems, PV panel makers warn
  • Proposed measure would scrap 30 percent tax credit for homeowners with solar panels
  • Bill aligned with Trump move to undo Biden-era clean energy program

Companies that put solar panels on US homes say a Republican budget bill advanced in Congress this week would deal a massive blow to the industry by eliminating a generous subsidy for homeowners that had buttressed the industry’s growth.
The bill would scrap a 30 percent federal credit for taxpayers who put up rooftop systems, stifling an industry that has grown ten-fold over the last decade and which now employs more than 100,000 workers, industry players said.
“It certainly is a giant setback,” said Charlie Hadlow, president of EnergySage, an online solar marketplace. “I have solar installers in our large network passing around the contact information for bankruptcy attorneys. That’s not alarmist, that’s happening.”
Many of the biggest residential solar markets are in states that voted for President Donald Trump, including Texas, Florida and Arizona, according to the Solar Energy Industries Association trade group.
The House of Representatives Ways and Means Committee voted this week to allow the 25D tax credit to expire at the end of this year, nine years earlier than planned, as part of a Republican effort to roll back subsidies from former President Joe Biden’s signature climate law, the Inflation Reduction Act.
A spokesperson for Republicans on the committee did not immediately respond to a request for comment.
The bill still has several hurdles to clear before getting a broad package of tax cuts, spending hikes and safety-net reductions through Congress.
The White House did not immediately respond to a request for comment. Trump wants to undo federal regulations and programs introduced by Biden that are aimed at expanding clean energy and combating climate change.
More than half of residential installations qualify for the 25D tax credit, according to EnergySage, which estimates that rooftop systems will be about $8,000 or $9,000 more expensive without it.
The subsidy has been critical for small installers whose customers pay cash or take out loans and then claim the credit on their tax returns.
For panels that are owned by a third party, such as a bank, and leased to homeowners, system owners are able to claim a separate tax credit that the House bill would leave in place until 2032 but start to phase out in 2029.
That market is dominated by large players like Sunrun.
“You want to just place a larger burden on the regular Joe who pays taxes? It doesn’t seem fair,” said Jack Ramsey, CEO of Altsys Solar in Tulare, California.
Ramsey anticipates cutting his nine-person staff to four or five people if the credit is eliminated.
At the end of 2024, the US boasted 36 gigawatts of residential solar capacity, up from 3 GW in 2014 and a level equivalent to a third of the nation’s nuclear power capacity.
Rooftop solar accounts for more than a third of solar industry jobs, according to the Interstate Renewable Energy Council.
Rob Kaercher, CEO of Absolute Solar in Lansing, Michigan, has 24 employees and wants to hire more, but will not if the credit goes away.
“I strongly urge the credits to be maintained, because it would do a tremendous amount for local businesses just like ours to be able to continue to hire and grow,” Kaercher told reporters.
The move to eliminate the credit caught many in the industry off guard.
Thomas Clark, the director of marketing and communications of Northstone Solar in Whitefish, Montana, met with staff from his state’s Congressional delegation in Washington earlier this year and came away from the meeting feeling the credit was safe.
“Obviously this happening so quickly after those meetings really hurts as a constituent,” Clark said.


Macron calls for peace in first talk with new pope

Macron calls for peace in first talk with new pope
Updated 16 May 2025
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Macron calls for peace in first talk with new pope

Macron calls for peace in first talk with new pope

PARIS: French President Emmanuel Macron said on Thursday he had called Pope Leo XIV and talked about efforts to reach peace in Ukraine and Gaza in his first conversation with the new pontiff.
In their “first exchange,” the pair “addressed the efforts to let the weapons fall silent wherever conflicts rage in the world, and in particular for a solid and lasting peace in Ukraine and Gaza,” Macron said on X.
“We share the ambition to reconcile the fight against poverty and the protection of the planet,” the French leader said, adding that he had “once again congratulated” the pontiff on his election as head of the Catholic Church last week.
While Macron is not scheduled to join the ranks of the world leaders attending Pope Leo’s inaugural mass in Rome on Sunday morning, France’s Prime Minister Francois Bayrou is due to attend.


Nigeria army head vows to counter jihadist attacks

Nigeria army head vows to counter jihadist attacks
Updated 16 May 2025
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Nigeria army head vows to counter jihadist attacks

Nigeria army head vows to counter jihadist attacks

MAIDUGURI, Nigeria: Nigeria’s top military officer on Thursday told troops in a region battling increased jihadist unrest that the attacks would be quickly resolved.
The Islamic State West Africa Province group and its rival Boko Haram have intensified assaults on military bases in recent weeks, notably in the northeastern state of Borno, epicenter of an insurgency dating back to 2009.
According to an AFP tally, at least 10 bases have been attacked in two months. At least 100 people, including civilians, were killed in attacks in April.
“Actions have been taken to ensure that we address the series of attacks,” chief of defense staff General Christopher Musa told troops in Borno’s capital Maiduguri, promising new material was being drafted in.
Musa said conflict in the Sahel states including Mali, Chad and Niger “has put a lot of pressure on Nigeria and that’s why you see recent attacks have occurred.”
“Whatever is going on is just for a short while,” he said.
Musa suggested fencing Nigeria’s borders, saying “there are countries that have fenced over a 1,500 kilometer (930 mile) stretch” — roughly the length of the Nigeria-Niger frontier.
While violence has fallen from its 2014-2015 peak, the governor of Borno recently warned that the military was losing ground to jihadists, and the latest attacks have put the conflict back in the spotlight.
More than 40,000 people have been killed and two million displaced in northeast Nigeria since 2009, according to the United Nations.
A Multinational Joint Task Force, a coalition created by Nigeria, Niger, Cameroon, Benin and Chad to fight cross-border armed groups, has been hampered by the withdrawal of Niger and threats by Chad to do the same.
According to a recent Nigerian intelligence report seen by AFP, there are also internal problems.
Late payment of salaries “has been a recurring problem,” particularly in the northeast, it said.
The report warned of “frustration and demotivation among security personnel, which could potentially lead to mutinies or unrest, if not urgently addressed.”
President Bola Tinubu this week called for the creation of a “forest guards” unit “to flush out terrorists and criminal gangs.”
Nigeria’s vast, often inaccessible forests have become havens for jihadist and armed criminal groups.
While the Nigerian army often works with local self-defense groups, questions remain over how the proposed forest guard be financed, work with existing security forces and even how long it would take to set up.