• 03/16/2025

Press review: China’s special envoy bound for Moscow, Kiev and EU lifts carbon tax on arms

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Top stories from the Russian press on Tuesday, May 16th https://tass.com/pressreview/1617981

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Ray Therapeutics Tackles a Rare Blinding Disease With $100 Million in Financing

Wall Street Journal Gene therapies may help a wider group of patients with retinitis pigmentosa, a vision disorder that leads to blindness. Ray Therapeutics is looking to treat people who’ve lost their sight, while other startups are aiming at earlier stages. https://www.wsj.com/articles/ray-therapeutics-tackles-a-rare-blinding-disease-with-100-million-in-financing-bc4b6588

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Jefferies Adds Dennis Kwan to Lead Secondary Push in Asia

Wall Street Journal Investment bank Jefferies Financial Group reached into China’s private-equity industry to find an executive to lead its private-capital advisory business in the Asia-Pacific region. https://www.wsj.com/articles/jefferies-adds-dennis-kwan-to-lead-secondary-push-in-asia-904fe6d2

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Tourism, weather bureaus upgraded into departments

Taipei, May 16 (CNA) The Legislature on Tuesday passed a law to elevate the status of the Tourism Bureau and Central Weather Bureau (CWB) into departments, entitling them to a larger budget and workforce to advance their goals. https://focustaiwan.tw/politics/202305160011

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Russian State Duma formally denounces Treaty on Conventional Armed Forces in Europe

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The CFE Treaty was signed in 1990 and adapted in 1997 https://tass.com/politics/1618117

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Armenian Security Council in 2022 discussed withdrawal from CSTO, says senior diplomat

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. “At the moment, the withdrawal from the CSTO is out of the question, the rest will be discussed additionally,” Armenian Deputy Foreign Minister Mnatsakan Safaryan said https://tass.com/world/1618111

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Clashes between army, special forces resume in Sudan’s capital — TV

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Fierce fighting erupted to the east and south of Khartoum https://tass.com/world/1618107

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Army of Drones in action: Ukrainian UAVs destroy Russian Zmei Gorynich demining systems

Pravda Ukraine Ukrainian Pegasus kamikaze drones destroyed two Russian UR-83P Zmei Gorynich demining systems on the Bakhmut front. Source: Mykhailo Fedorov, Deputy Prime Minister and Minister of Digital Transformation of Ukraine, on Telegram Quote: “The Army of Drones of the 59th Mechanised Brigade named after Yakiv Handziuk and powerful Pegasus kamikaze drones in action. https://www.pravda.com.ua/eng/news/2023/05/16/7402430/

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Chinese search giant Baidu reports better-than-expected earnings as it refocuses on ChatGPT-style services for the future

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Co-founder and CEO Robin Li says ‘emergence of generative AI and large language models present transformative potential for AI in various industries’. https://www.scmp.com/tech/big-tech/article/3220746/chinese-search-giant-baidu-reports-better-expected-earnings-it-refocuses-chatgpt-style-services?utm_source=rss_feed

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