China Makes Second Largest Taiwan Defense Zone Incursion this Year

China has ramped up incursions into Taiwan's air defense identification zone JOHANNES EISELE AFP
China has ramped up incursions into Taiwan's air defense identification zone JOHANNES EISELE AFP
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China Makes Second Largest Taiwan Defense Zone Incursion this Year

China has ramped up incursions into Taiwan's air defense identification zone JOHANNES EISELE AFP
China has ramped up incursions into Taiwan's air defense identification zone JOHANNES EISELE AFP

China has made the second largest incursion into Taiwan's air defense zone this year with Taipei reporting 30 jets entering the area, including more than 20 fighters.

Taiwan's defense ministry said late Monday it had scrambled its own aircraft and deployed air defense missile systems to monitor the latest Chinese activity, AFP said.

In recent years, Beijing has begun sending large sorties into Taiwan's defense zone to signal dissatisfaction, and to keep Taipei's ageing fighter fleet regularly stressed.

Self-ruled democratic Taiwan lives under the constant threat of invasion by China, which views the island as its territory and has vowed to one day seize it, by force if necessary.

The United States last week accused Beijing of raising tensions over the island, with Secretary of State Antony Blinken specifically mentioning aircraft incursions as an example of "increasingly provocative rhetoric and activity".

Blinken's remarks came after US President Joe Biden appeared to break decades of US policy when in response to a question on a visit to Japan he said Washington would defend Taiwan militarily if it is attacked by China.

But the White House has since insisted its policy of "strategic ambiguity" over whether or not it would intervene has not changed.

Monday's incursion was the largest since January 23, when 39 planes entered the air defense identification zone, or ADIZ.

The ADIZ is not the same as Taiwan's territorial airspace but includes a far greater area that overlaps with part of China's own air defense identification zone and even includes some of the mainland.

A flight map provided by the Taiwanese defense ministry showed the planes entering the southwestern corner of the ADIZ before looping back out again.

- Constant alert -
Last year, Taiwan recorded 969 incursions by Chinese warplanes into its ADIZ, according to an AFP database -- more than double the roughly 380 carried out in 2020.

The most number of aircraft China has sent in a single day was 56 on October 4, 2021.

That month saw a record 196 incursions, mostly around China's annual national day celebrations.

So far in 2022 Taiwan has reported 465 incursions, a near 50 percent increase on the same period last year.

The sheer number of sorties has put the air force under immense pressure, and it has suffered a string of fatal accidents in recent years.

On Tuesday local media reported that a pilot had died after crashing a trainer jet in southern Kaohsiung.

It is not the first deadly crash this year -- in January one of Taiwan's most advanced fighter jets, an F-16V, plunged into the sea.

Last March, Taiwan grounded all military aircraft after a pilot was killed and another went missing when their fighters collided mid-air in the third fatal crash in less than six months.



Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
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Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA

Italy has frozen Russian oligarchs' assets valued at around 2.3 billion euros ($2.64 billion) since the invasion of Ukraine in 2022, data provided by Italian authorities show, with the most recent seizures occurring at the beginning of the month.

Italy seized assets - including bank accounts, luxury villas, yachts and cars - as part of the European Union's sanctions against the Kremlin and its backers.

The Bank of Italy had said that at the end of June 2023 their value amounted to 2.5 billion dollars, said Reuters.

This month it did not update the total amount, but said that the funds frozen due to sanctions against Russia totaled almost 280 million euros up to December 2024 — a 44 million euro increase from the previous year.

Separately, the tax police seized in early June an Iranian company based in Milan, Irital Shipping Lines, and two of its properties worth a total of more than 1 million euros, due to "Iran's military support for Russia's war of aggression against Ukraine".

The company has not yet responded to a request for comment emailed by Reuters.

MAINTENANCE COSTS

Italy's State Property Agency holds all non-liquid assets frozen due to EU sanctions and the Italian government bears the costs of managing these assets during the freezing period.

According to the latest official data available, the costs incurred by the State for their maintenance amounted to 31.7 million euros up to February 2024.

When asked about the level of maintenance cost incurred by Italian taxpayers so far, the agency said it could not provide the information because it "is covered by official secrecy." Reuters calculation suggests that costs may have increased by around 15 million euros to more than 45 million euros to date.

The fate of these assets rests with the European Union.

If the EU decides to make the freezes permanent, the state must initiate proceedings to convert them into confiscations.

If Brussels decides to unfreeze them, the assets can be returned to their owners, provided that they pay Italy the maintenance costs incurred.