Chevron seeks improved terms from Iraq to take over West Qurna 2 oilfield
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the worl...
European Digital Innovation Hubs (EDIHs) Network, aiming to accelerate digital transformation throughout the European Union, has expanded to Albania, Kosovo, Montenegro, North Macedonia, Serbia, Ukraine and Türkiye
These hubs will help local businesses, startups, and public institutions access cutting-edge technology, AI expertise and capacities, and funding, driving innovation and growth with a particular focus on AI.
As part of the call for proposals, 18 projects were selected - 7 from five Western Balkan (WB) partners, 5 from Türkiye, and 6 from Ukraine. The projects for the EDIHs in the WBs started in January 2025 will last four years. The budget of the call is €14.6 million, with €4.5 million going to the hubs in Ukraine, €4.5million going to hubs in Türkiye, €1.6million going to Serbia and €1 million going to Albania, Kosovo, Montenegro and North Macedonia respectively.
“Bringing the Western Balkans into the EDIH Network is a major step in their integration into the EU’s Digital Single Market and is part of the EU’s Growth Plan that supports partners’ digital transformation,” – says European Commission press-release. “A strong focus on AI adoption ensures that hubs can leverage AI-driven tools to enhance productivity, decision-making, and competitiveness across Europe.”
EDIHs are co-financed, with 50% of the funding coming from the Digital Europe Programme (DEP) and the remaining 50% from other national, regional or private sources.
Minnesota Governor Tim Walz has activated the state’s National Guard following the fatal shooting of a U.S. citizen in Minneapolis, an incident that has triggered protests and intensified tensions between state and federal authorities.
Iran’s Foreign Ministry has strongly rejected a U.S. magazine report on the death toll during January unrest. Nationwide protests erupted in response to soaring inflation and a national currency crisis.
A mosaic portrait of Pope Leo XIV was illuminated on Sunday at the Basilica of St. Paul Outside the Walls in Rome, continuing a centuries-old Vatican tradition marking the election of a new pope.
The death toll from nationwide protests in Iran has climbed to 6,126, according to the U.S.-based Human Rights Activists News Agency (HRANA).
Serbian President Aleksandar Vučić, often viewed as a bellwether for the complex diplomatic currents between the Kremlin and the West, has issued a startling prediction regarding the endgame of the war in Ukraine.
Chevron is in talks with Iraq’s oil ministry over potential changes to the commercial framework governing the West Qurna 2 oilfield, one of the world’s largest producing assets, after Baghdad nationalised the field earlier this month following U.S. sanctions imposed on Russia’s Lukoil.
Argentina's economic activity shrunk 0.3% in November compared with the same month last year, marking the first monthly contraction of 2025, data from Argentina's national statistics agency showed on Wednesday.
Wall Street closed sharply lower on Tuesday as global markets fell after U.S. President Donald Trump’s new tariff threats against Europe unsettled investors and revived fears of renewed volatility.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
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