EU would welcome U.S. backing to quit Russian oil, energy chief says
The European Union would welcome the backing of U.S. President Donald Trump for its plan to halt purchases of Russian oil, which continue to help fina...
U.S. President Donald Trump announced on Monday that he anticipates a U.S.-Ukraine revenue-sharing agreement on Ukrainian critical minerals will be signed soon.
The deal would allow the United States to secure access to key minerals in Ukraine, which are seen as crucial for various industries, including technology and defense.
Trump also revealed that discussions are ongoing regarding the potential for American firms to own Ukrainian power plants. The announcement follows a series of high-level meetings in Saudi Arabia, where U.S. officials met with Ukrainian and Russian representatives. While the focus of the talks has primarily been on a ceasefire agreement for the Black Sea, Trump indicated that other issues, such as territorial boundaries and the ownership of Ukrainian energy infrastructure, are also being discussed.
"We're talking about territory right now. We're talking about lines of demarcation. Talking about power, power plant ownership. Some people are saying the United States should own the power plant...because we have the expertise," Trump stated, underscoring his administration's interest in enhancing American influence in Ukraine's energy sector.
The proposed minerals deal and the broader energy discussions reflect Trump’s ongoing efforts to solidify U.S. interests in Ukraine while pushing for a resolution to the ongoing conflict with Russia. These developments come as part of his broader strategy to engage in direct negotiations with both Ukrainian and Russian officials in hopes of bringing a swift end to the war that has raged for nearly three years.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
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.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
A recent Federal Reserve Bank of New York (New York Fed) study reveals that while the use of artificial intelligence (AI) among businesses has grown significantly over the past year, very few companies have carried out AI-related layoffs.
Rising concerns over the U.S. economy and ongoing tariff disputes have put global government bonds under selling pressure, experts say. Donald Trump’s push for interest-rate cuts, combined with a major spending bill, has shaken investor confidence, sending bond prices down while yields rise.
Access to Google services was restored Thursday after a region-wide outage cut off millions of users across dozens of countries, with disruptions reported in platforms including YouTube, Gmail and Maps.
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in Japan.
The price of gold surged sharply on Wednesday, reaching a new record of $3,530.08 per ounce. Analysts say the rise is driven by expectations of a U.S. Federal Reserve (Fed) rate cut in September and concerns over the central bank’s independence.
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