New China Defense Minister Holds Video Talks with Russia’s Shoigu 

Russia's Defense Minister Sergei Shoigu meets with President Vladimir Putin after a flag-raising ceremony for the Admiral Golovko frigate joining the Russian Navy Fleet at a shipyard in Saint Petersburg, Russia, December 25, 2023. (Sputnik/Alexei Danichev/Pool via Reuters)
Russia's Defense Minister Sergei Shoigu meets with President Vladimir Putin after a flag-raising ceremony for the Admiral Golovko frigate joining the Russian Navy Fleet at a shipyard in Saint Petersburg, Russia, December 25, 2023. (Sputnik/Alexei Danichev/Pool via Reuters)
TT

New China Defense Minister Holds Video Talks with Russia’s Shoigu 

Russia's Defense Minister Sergei Shoigu meets with President Vladimir Putin after a flag-raising ceremony for the Admiral Golovko frigate joining the Russian Navy Fleet at a shipyard in Saint Petersburg, Russia, December 25, 2023. (Sputnik/Alexei Danichev/Pool via Reuters)
Russia's Defense Minister Sergei Shoigu meets with President Vladimir Putin after a flag-raising ceremony for the Admiral Golovko frigate joining the Russian Navy Fleet at a shipyard in Saint Petersburg, Russia, December 25, 2023. (Sputnik/Alexei Danichev/Pool via Reuters)

China's new defense minister Dong Jun held a video call with his Russian counterpart Sergei Shoigu on Wednesday, according to a defense ministry statement, in his first public engagement since being appointed last month.

Former Navy chief Dong's appointment came after his predecessor, Li Shangfu, disappeared from public view in August, throwing China's military diplomacy in doubt.

Dong told Shoigu that the Chinese and Russian militaries will "promote bilateral military relations to reach an even higher level, in order to play an even bigger role in upholding global security and stability", according to the Chinese defense ministry readout.

Dong added that both militaries will "firmly respond to global challenges and continue to enhance mutual strategic trust".

The role of China's defense minister is to be the public face of the People's Liberation Army in its engagement with the media and with other armed forces.

China and Russia's close military ties have been the target of Western scrutiny, especially after Russia's 2022 invasion of its neighbor Ukraine, which China has refused to condemn.

Western countries, including the United States, have repeatedly warned China not to provide lethal aid to Russia's battlefield efforts.

Both militaries held joint air and sea drills in the Sea of Japan in July, while South Korea had to scramble fighter jets when Chinese and Russian military planes entered its air defense zone last month.

A crucial element of Dong's job is to engage with the United States military to reduce the risk of conflict over Taiwan and the South China Sea.

High-level military talks between China and the US resumed in December after being suspended for more than a year due to a dispute over Taiwan.



Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
TT

Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the US data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

Storebrand Asset Management disclosed this week that it had "excluded Palantir Technologies Inc. from our investments due (to) its sales of products and services to Israel for use in occupied Palestinian territories."

The investor, which manages about 1 trillion crowns ($91.53 billion) in assets, held around 262 million crowns ($24 million) in Palantir, a spokesperson told Reuters. A representative for Palantir, based in Denver, did not immediately respond to a request for comment.

Storebrand said Palantir had not replied to any of its requests for information, first lodged in April. The data analytics firm, co-founded by billionaire Peter Thiel, provides militaries with artificial-intelligence models. Earlier this year, it agreed to a strategic partnership to supply technology to Israel to assist in the ongoing war in Gaza.

Palantir has previously defended its work for Israel. CEO Alex Karp said he was proud to have worked with the country following the Hamas attacks in October last year and in March told CNBC that Palantir had lost employees and that he expected to lose more over his public support for Israel.

Storebrand's exit follows a recommendation from Norway's government in March warning businesses about engaging in economic or financial activity in the Israeli settlements in the Palestinian territories, the asset manager said in its third-quarter investment review published on Wednesday. The International Court of Justice, the United Nations' highest court, said in July that Israel's occupation of Palestinian territories including the settlements was illegal.

Israel's foreign ministry rejected that opinion as "fundamentally wrong" and one-sided, and repeated its stance that a political settlement in the region can be reached only by negotiations.

Storebrand said its analysis indicated that Palantir provides products and services "including AI-based predictive policing systems" that support Israeli surveillance of Palestinians in the West Bank and Gaza.

Palantir's systems are supposed "to identify individuals who are likely to launch 'lone wolf terrorist' attacks, facilitating their arrests preemptively before the strikes that it is projected they would carry out," Storebrand said.

It added that, according to the United Nations, Israeli authorities have a history of incarcerating Palestinians without charge or trial. A UN Special Rapporteur said in a 2023 report that "the occupied Palestinian territory had been transformed as a whole into a constantly surveilled open-air prison."

Israel rejected the UN's findings. In September Reuters reported that Norway's $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog's tougher interpretation of ethics standards for businesses that aid Israel's operations in the occupied Palestinian territories.