Hungary’s Orban, a NATO outlier on Ukraine, talks ‘peace mission’ with Trump

Hungary’s Prime Minister Viktor Orban attends a Working Session of the NATO Summit at the Walter E. Washington Convention Center in Washington, DC, July 11, 2024. (AFP)
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Updated 12 July 2024
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Hungary’s Orban, a NATO outlier on Ukraine, talks ‘peace mission’ with Trump

WASHINGTON: Hungarian Prime Minister Viktor Orban met with Donald Trump on Thursday and the pair discussed the “possibilities of peace,” a spokesperson for the prime minister said as he pushes for a ceasefire in Ukraine.

Trump and Orban met at Trump’s Mar-a-Lago home in Florida “as the next stop of his peace mission,” Orban’s spokesperson said. “The discussion was about the possibilities of peace“

Nationalist leader Orban, a long-time Trump supporter, made surprise visits to Kyiv, Moscow and Beijing in the past two weeks on a self-styled “peace mission,” angering NATO allies.

His meeting in Moscow with Russian President Vladimir Putin in particular vexed some other NATO members, who said the trip handed legitimacy to Putin when the West wants to isolate him over his war in Ukraine.

Orban traveled to Kyiv before visiting Moscow but did not tell Ukrainian President Volodymyr Zelensky about his mission to Russia, Zelensky said, dismissing Orban’s ambition of playing the peacemaker.

“Not all the leaders can make negotiations. You need to have some power for this,” Zelensky said earlier at a news conference at the NATO summit.

White House National Security Adviser Jake Sullivan, when asked about Orban’s initiative, said Ukraine would be rightly concerned about any attempt to negotiate a peace deal without involving Kyiv.

“Whatever adventurism is being undertaken without Ukraine’s consent or support is not something that’s consistent with our policy, the foreign policy of the United States,” Sullivan said.

Orban’s self-styled peace mission has also irked many members of the European Union, whose rotating presidency Hungary took over at the start of this month.

The Hungarian embassy in Washington declined to comment on the planned meeting with Trump, which was first reported by Bloomberg.

Orban has been attending a NATO summit hosted by Democratic President Joe Biden. Hungary’s delegation voiced opposition to key NATO positions, while not blocking the alliance from taking action.

Foreign Minister Peter Szijjarto told Reuters on Wednesday that Hungary believes a second Trump presidency would boost hopes for peace in Ukraine.

Orban hoped to bring an end to the war through peace talks involving both Russia and Ukraine, according to Szijjarto.

Trump has said he would quickly end the war. He has not offered a detailed plan to achieve that, but Reuters reported last month that advisers to the former president had presented him with a plan to end the war in part by making future aid to Kyiv conditional on Ukraine joining peace talks.

In the past several months, foreign officials have regularly sought meetings with Trump and his key advisers to discuss his foreign policy should he beat Biden in the Nov. 5 election. Polls show Trump widening his lead over Biden.

One adviser, Keith Kellogg, has met with several high-ranking foreign officials on the sidelines of the NATO summit, Reuters reported this week.

NATO FRUSTRATION

Orban appeared isolated at the opening of a NATO meeting on Ukraine on Thursday, sitting alone while other leaders talked in a huddle.

Two European diplomats told Reuters that NATO allies were frustrated with Orban’s actions around the summit, but stressed that he had not blocked the alliance from taking action on Ukraine.

Multiple EU leaders made clear Orban was not speaking for the bloc in his discussions on the war in Ukraine.

“I don’t think there’s any point in having conversations with authoritarian regimes that are violating international law,” said Finnish President Alexander Stubb.

Hungary also diverged from its NATO allies on China, which the alliance said is an enabler of Russia’s war effort and poses challenges to security. Hungary does not want NATO to become an “anti-China” bloc, and will not support it doing so, Szijjarto said on Thursday.


Rubio says NATO members will agree to 5 percent defense spending over next decade by June summit

Updated 4 sec ago
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Rubio says NATO members will agree to 5 percent defense spending over next decade by June summit

  • US President Donald Trump cut defense funding to NATO during the latter part of his first term

WASHINGTON: US Secretary of State Marco Rubio said on Thursday that all NATO members will have agreed on a goal of spending the equivalent to 5 percent of GDP on defense over the next decade by the 2025 NATO Summit in June.
He made the comments while appearing on Fox News’ “Hannity.”
US President Donald Trump cut defense funding to NATO during the latter part of his first term in 2017-21, and has frequently complained that the US is paying more than its fair share.
“I can tell you that we are headed for a summit in six weeks, in which virtually every member of NATO will be at or above 2 percent but more importantly, many of them will be over 4 percent and all will have agreed on the goal of reaching 5 percent over the next decade,” said Rubio.
German Foreign Minister Johann Wadephul said this week that Berlin backed a demand by Trump for members of the defense alliance to increase defense spending to 5 percent of gross domestic product .
Germany in January said it met NATO’s target of spending 2 percent of its GDP on defense in 2024.
The 2025 NATO Summit will be held in the Netherlands from June 24-25.


US investigating ‘threat’ to Trump by ex-FBI chief Comey

Updated 48 min 53 sec ago
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US investigating ‘threat’ to Trump by ex-FBI chief Comey

WASHINGTON: US law enforcement agencies are investigating an alleged assassination threat against President Donald Trump by former FBI director James Comey, Homeland Security Secretary Kristi Noem said Thursday.
The announcement by Noem came after Comey made a now-deleted post on Instagram that showed an image of “86 47” spelled out in sea shells, with “86” being slang for kill and Trump the 47th president.
“Disgraced former FBI Director James Comey just called for the assassination of @POTUS Trump,” Noem posted on X.
“DHS and Secret Service is investigating this threat and will respond appropriately,” she said.
Comey later said on Instagram that he posted “a picture of some shells I saw today on a beach walk, which I assumed were a political message.”
“I didn’t realize some folks associate those numbers with violence. It never occurred to me but I oppose violence of any kind so I took the post down,” he said.
Trump was wounded in the ear during an assassination attempt that took place while he was holding a rally in Butler, Pennsylvania in July, and has faced other threats.

 


Putin ‘must pay the price for avoiding peace’ in Ukraine: Britain’s Starmer

Updated 40 min 1 sec ago
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Putin ‘must pay the price for avoiding peace’ in Ukraine: Britain’s Starmer

LONDON: British Prime Minister Keir Starmer said Russian President Vladimir Putin “must pay the price for avoiding peace” ahead of a European Political Community meeting in Albania on Friday.
“Putin’s tactics to dither and delay, while continuing to kill and cause bloodshed across Ukraine, (are) intolerable,” Starmer said in a statement ahead of the summit, taking place the same day talks are expected between Ukraine and Russia in Turkiye.
The European Political Community (EPC), which brings together the members of the European Union and 20 other countries, is meeting in the Albanian capital Tirana on Friday.
Russian and Ukrainian delegations are also due to meet in Istanbul for talks on ending the conflict in Ukraine.
However, neither Putin nor Ukrainian President Volodymyr Zelensky are expected to attend the talks, and US Secretary of State Marco Rubio has expressed skepticism that they will produce a peace breakthrough.
The EPC was established on the initiative of French President Emmanuel Macron in 2022 in response to Russia’s invasion of Ukraine.
Participants in the meeting will be “piling the pressure on the Kremlin... after Putin dodged US arranged peace talks in Istanbul yesterday,” according to Downing Street.
“A full, unconditional ceasefire must be agreed and if Russia is unwilling to come to the negotiating table, Putin must pay the price,” Starmer said.
London said Russian energy was expected to be a “central target in widespread sanctions action in the coming weeks if Russia does not agree a ceasefire.”
The EU and Britain on Wednesday have both approved fresh sanctions on Russia’s “shadow” oil fleet over the past few days.


Nose cone glitch wipes Australian rocket launch

Updated 16 May 2025
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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

Updated 16 May 2025
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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.