Baird Private Wealth Management
January 16, 2019

Chinese military modernization efforts highlight risk to Taiwan, intel report finds

Martin Holverda/iStock(WASHINGTON) -- A newly released U.S. intelligence report on China's military power finds that Beijing's efforts to modernize its military during the past two decades have been driven by its long-running dispute with Taiwan, the island-nation it considers a breakaway province. In releasing the report, a senior U.S. defense official expressed concerns that China’s defense leaders might one day grow confident enough in their military’s enhanced capabilities to recom..
January 16, 2019

Boy, 16, dies after falling from balcony of Royal Caribbean cruise ship

fallbrook/iStock(FORT LAUDERDALE, Fla.) -- A teenage boy died after falling from an eighth floor balcony of a Royal Caribbean cruise ship docked in Haiti last week. The 16-year-old was trying to enter his room on Royal Caribbean's Harmony of the Seas cruise ship through a nearby balcony last Friday when he slipped and fell to his death, according to witnesses. Royal Caribbean did not offer details about the death, but its corporate communications manager, Owen Torres, confirmed that there&#..
January 16, 2019

Millions congregate for Kumbh Mela festival in India

Satyam Shrivastav/Hindustan Times via Getty Images(LONDON) -- Elephants, horses and an expected crowd of more than 120 million people began to descend on Prayagraj, India, Tuesday, marking the beginning of Kumbh Mela, the world’s largest religious gathering. The 49-day holy festival takes place in the northern city of Prayagraj at the confluence of the two rivers considered sacred to Hindus: the Ganges and the Yamuna, in the state of Uttar Pradesh. Devotees believe that a dip in the rivers can a..
January 16, 2019

Russia extends detention of captured Ukrainian sailors

studiocasper/iStock(MOSCOW) -- Two dozen Ukrainian sailors taken prisoner by Russia when it seized three Ukrainian navy ships in November, have appeared in a Moscow court for the first time, as Ukraine said their trial violates the Geneva Conventions. The 24 sailors were captured when Russian coast guard vessels fired on and then boarded their three small Ukrainian ships in the Black Sea close to Crimea in late November, setting off a major international crisis. Russia impounded the Ukrainian sh..