Turkish defense firm Aselsan has unveiled its new electro-optic reconnaissance, surveillance and targeting system, which officials say outperforms its international counterparts and previous iterations. The Aselflir-600 has been developed in collaboration with the Turkish drone magnate Baykar and has already been tested on high-altitude, heavy lift unmanned combat aerial vehicle (UCAV), Akıncı. It is expected to enter mass production soon. Restrictions and embargoes on drone camera systems have, over the recent years, prompted Türkiye to develop indigenous alternatives. Aselsan has introduced the Aselflir family of optical systems that are now equipping the country’s aerial platforms. The Aselflir-600, unveiled at the…
Author: CYPRUS EYE
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A major licensing shakeup is being prepared by Kenya’s BCLB. Online operators face a licensing fee hike to Ksh200 million ($1.5 million). The Betting Control and Licensing Board (BCLB) Kenya is gearing towards a major regulatory shakeup for the gambling sector, including a licensing fee hike which could put some smaller operators at risk. The BCLB’s licensing shakeup is aimed at significantly raising the standards for licensed market participation. Kenya’s BCLB previously clamped down on the use of influencers, celebrities and media outlets in promoting gambling within the state, ruling that such practices went against the Code of Conduct for…
Industry trade bodies in Brazil have denounced Finance Minister Fernando Haddad for an interview they believe was misguided. Fernando Haddad, the finance minister of Brazil, has caused a stir by stating he’d vote to ban gambling if a bill was to appear in the Chamber of Deputies. In an explosive interview with ICL Notícias, released on 21 July, Haddad and economist Eduardo Moreira discussed the regulated gambling sector in Brazil, which launched on 1 January this year. When asked by Moreira how Haddad and the government planned to alleviate concerns over family financial troubles caused by gambling, the finance minister…
Key takeaways: Analysts say Ether is undervalued and should be above $8,000, as global M2 money supply hits a record $95.58 trillion. A falling Bitcoin dominance adds fuel for ETH bulls, with Bitcoin’s market share dropping 8.5% since June 27. Analysts say Ether (ETH) is undervalued and “should be trading above $8,000” as global liquidity, measured by broad money supply (M2), hit a new record high of $95.58 trillion on Friday. ETH price following M2 breakoutGlobal liquidity supply, or M2, aggregates US dollar-adjusted liquidity from major economies including the US, eurozone, Japan, the UK and Canada. A rising M2 implies…
An Arizona woman was sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents. According to a Thursday announcement by the US Attorney’s Office for the District of Columbia, Christina Marie Chapman was convicted of wire fraud conspiracy, aggravated identity theft and money laundering conspiracy. She was sentenced to 102 months, or about 8.5 years in prison. Prosecutors said Chapman worked with operatives tied to the Democratic People’s Republic of Korea (DPRK) to obtain remote IT positions at more than 300 US-based companies. The…
Aid groups are sounding the alarm over a spike in child malnutrition in war-torn Gaza, as Britain, France and Germany prepare to hold an emergency call Friday on the deepening humanitarian catastrophe. Doctors Without Borders, also known by its French acronym MSF, reported that 25% of children and pregnant or breastfeeding women screened at its clinics last week were malnourished – just a day after the United Nations warned that one in five children in Gaza City is going hungry. With fears of mass starvation mounting, the three European powers are set to push for an urgent cease-fire and weigh…
Tens of thousands fled their homes Friday as fierce border clashes between Thailand and Cambodia entered a second day, raising fears of a wider conflict. The U.N. Security Council was set to hold an emergency meeting later Friday in New York. Malaysia – chair of the regional bloc ASEAN – called for an immediate cease-fire and offered to mediate. Thailand’s Health Ministry reported that more than 58,000 people had taken shelter in temporary camps across four border provinces. Cambodian officials said over 4,000 people had evacuated from nearby villages. At least 14 people were killed in Thailand, including one soldier…
Turkey has just fired a bold new shot in the Middle East arms race with a hypersonic missile that could redraw the balance of power across the region. This month, Newsweek reported Turkey’s public unveiling of its first hypersonic-capable missile, the Tayfun Block-4, at the ongoing International Defense Industry Fair (IDEF) in Istanbul. Developed by state-owned defense firm Roketsan, the Tayfun Block-4 marks a significant step in Turkey’s pursuit of indigenous strategic systems amid regional volatility and its broader defense modernization push. Operating at hypersonic cruise speeds, the land-based ballistic missile boasts a range exceeding 280 kilometers and carries a…
Beijing has called on the European Union to increase diplomatic dialogue and improve trade relations after the bloc sanctioned two rural banks in northern China, accusing them of facilitating trade between China and Russia. Chinese President Xi Jinping met with European Commission President Ursula von der Leyen and European Council President Antonio Costa in Beijing on Thursday. “The challenges facing Europe today do not come from China,” Xi told the two European leaders during their visit to China for the China-EU Summit. “There are no fundamental conflicts of interest or geopolitical contradictions between China and Europe.” Xi said that China…
Diplomatic meeting in Istanbul between Tehran and E3 countries is first since Israel and US attacked Iran in mid-June. Iranian diplomats say they held “frank” nuclear talks with their counterparts from Germany, the United Kingdom and France, as Tehran faces warnings that the three European nations could trigger “snapback” United Nations sanctions against the country. The meeting in the Turkish capital, Istanbul, on Friday was the first since Israel’s mid-June attack on Iran, which led to an intensive 12-day conflict that saw the United States launch strikes against key Iranian nuclear sites. Israel’s offensive also derailed US-Iran nuclear talks that…