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Kazakhstan files a 15 million dollar lawsuit in Switzerland over oil sector corruption
Kazakhstan News

Kazakhstan files a 15 million dollar lawsuit in Switzerland over oil sector corruption

Kazakhstan has filed a lawsuit in a Swiss court for about fifteen million dollars plus interest against companies and individuals accused of corruption in oil field development. The claim is viewed as part of a broader strategy in major arbitration disputes with oil corporations.

4 min read97 views
India and Switzerland Question Reliability of Israeli Drones Hermes 900
World News

India and Switzerland Question Reliability of Israeli Drones Hermes 900

India and Switzerland have reported technical issues with the Hermes 900 drones, manufactured by Israeli company Elbit Systems. In India, a licensed version of the drone, Drishti 10 Starliner, crashed during naval trials, raising government concerns. Meanwhile, Switzerland discovered that its Hermes 900 lacks a critical collision avoidance system necessary for safe flights in mountainous regions. Both incidents have negatively impacted the reputation of Elbit Systems and could affect its position in key markets such as India and Switzerland.

1 min read5786 views
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