live Alaska Summit: President Trump lands in Anchorage
U.S. President Donald Trump has arrived in Alaska on Friday for his high-stakes summit with Russia's Vladimir Putin after saying he wants to see a cea...
UK has announced fresh sanctions to crack down Russia's so-called "shadow fleet", targeting 135 oil tankers along with two Russian firms, shipping company Intershipping Services LLC and oil trader Litasco Middle East DMCC.
New sanctions target the core of Russia’s energy sector, aiming to "cut off Putin’s access to vital oil revenues."
In its statement, the British government said the targeted oil tankers are part of a fleet that has illicitly transported $24 billion worth of cargo since the beginning of 2024.
Foreign minister David Lammy said the new sanctions would further "dismantle" the Russian President's so-called "shadow fleet and drain Russia's war chest of its critical oil revenues".
In particular, the sanctions target two Russian companies.
One is Intershipping Services LLC, which registers fleet vessels under the Gabonese flag and is responsible for transporting up to $10 billion worth of goods annually on behalf of the Russian state, - the UK government said.
The other is 'Litasco Middle East DMCC', a company linked to Russian oil major Lukoil, sanctioned for its continued role in transporting large volumes of Russian oil using shadow fleet vessels.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
The Trump administration is expected to shed roughly 300,000 federal workers in 2025, Office of Personnel Management (OPM) Director Scott Kupor said Thursday.
The European Bank for Reconstruction and Development (EBRD) has provided a €500 million loan (almost $590 million) to the national gas company Naftogaz (NAK) for emergency gas purchases for Ukraine.
Bitcoin surged to a new all-time high as expectations grow for U.S. interest rate cuts and regulatory moves favouring crypto investment, boosting investor confidence in the sector.
The U.S. budget deficit surged nearly 20% in July to $291 billion despite a significant increase in customs duty collections from President Donald Trump’s tariffs, as government spending outpaced revenue growth.
The National Carrier of Türkiye, Turkish Airlines has announced an increase in the number of its weekly flights to China.
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