News

Former U.S. Marine released in U.S-Russia prisoner swap

Published

4 years ago

April 28, 2022

Reuters

The United States and Russia swapped prisoners on Wednesday amid their most tense relations in decades over the war in Ukraine, with former U.S. Marine Trevor Reed released in exchange for Russian pilot Konstantin Yaroshenko

In a surprise prisoner swap – former U.S. marine Trevor Reed, who was detained in Russia since 2019, has been released.

Russian pilot Konstantin Yaroshenko – who was serving a 20-year sentence in the United States for conspiracy to smuggle cocaine – was released in return.

The swap, which U.S. officials have said was the result of months of hard and careful work, comes as U.S.-Russia relations are at their worst in decades.

Officials said the talks that led to Reed’s release strictly focused on securing his freedom… and was not the start of a broader diplomatic conversation.

President Joe Biden did not comment on details of the release, but said (quote) “The negotiations that allowed us to bring Trevor home required difficult decisions that I do not take lightly.”

Reed was convicted in Russia in 2019 of endangering the lives of two police officers while drunk on a visit to Moscow. The U.S. has called his trial a “theater of the absurd.”

In 2020, his father Joey spoke to Reuters from Moscow:

“Dismissing charges in Russia, from my understanding, is very rare. But at least – lower the charges, so it is a lower penalty.”

Over two years later… Reed on Wednesday was on his way to be reunited with his family in the United States, according to senior administration officials, who said the 30-year-old Texan was in good spirits.

Reed’s parents thanked President Biden for the release of their son, adding he may have saved their son’s life.

In a statement, they said their son would tell his own story as soon as he was ready, adding

“We’d respectfully ask for some privacy while we address the myriad of health issues brought on by the squalid conditions he was subjected to in his Russian gulag.”

Biden and Secretary of State Antony Blinken said they were working to free another U.S. citizen held in Russia, Paul Whelan, also a former Marine.

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Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

Published

2 hours ago

December 2, 2025

Harvey Vargas

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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News

Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Published

3 hours ago

December 2, 2025

Harvey Vargas

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews

News

Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Published

3 hours ago

December 2, 2025

Harvey Vargas

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews