The UK Royal Navy's (RN's) Daring (Type 45)-class destroyer HMS (D 34) has successfully engaged an anti-ship ballistic missile (ASBM) launched by Yemen-based Ansar Allah (commonly known as Houthi) rebels targeting a merchant ship in the Gulf.
Capita-led consortium Team Fisher has taken over responsibility for the UK Royal Navy's (RN's) Submarine Escape, Rescue, Abandonment, and Survival (SMERAS) facility as part of a 12-year training contract it is delivering under Project Selbor.
Cyprus became the latest euro zone domino to teeter in 2012 just when the worst of the crisis appeared to be over. In March 2013, a compromise rescue plan backed by euro zone finance ministers called for Cyprus to wind down one largely state-owned bank, Popular Bank. The raid on Popular Bank was intended to raise most of the 5.8 billion euros that Cyprus was required to raise as part of the bailout.