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Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concer...
Former Georgian Prime Minister Irakli Garibashvili has been sentenced to five years in prison, fined one million lari, and had $6.5 million and several vehicles confiscated.
Garibashvili, 43, pleaded guilty to charges of large-scale money laundering and voluntarily cooperated with authorities.
His lawyer, Mikheil Shakulashvili, confirmed the news on Monday adding that the former prime minister has not testified against anyone and does not intend to do so.
“He cooperated on his own initiative,” Shakulashvili said, noting that no further charges have been discussed beyond the current case.
Authorities seized flash drives and other items from Garibashvili’s residence, while the $6.5 million recovered has been transferred to the state budget.
Shakulashvili clarified that the former prime minister’s winery and factory will not be confiscated, saying that loans taken for land purchases, importing equipment, and operating the factory are still being repaid.
He added that other seized valuables, including gold and watches, did not belong to Garibashvili.
Garibashvili served as Georgia’s prime minister from 2013 to 2015 and again from 2021 to 2024.
The prosecution said Garibashvili was charged under Georgia’s anti-money laundering laws for legalising illegal proceeds and receiving income in an especially large amount.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Central Asia is moving beyond experiments with digital assets as governments begin putting new forms of digital money into practice.
Parents in Gaza are being urged to stop their children flying kites after Israel threatened tougher military action over those drifting across the border.
Armenia is “free” to leave the Collective Security Treaty Organisation (CSTO), Kremlin Spokesperson Dmitry Peskov has said. He made the remarks after Armenian Prime Minister Nikol Pashinyan said he would be “very pleased” if the Russian-led military alliance expelled Armenia.
Armenia’s Anti-Corruption Committee has disclosed details of a criminal case involving former President Robert Kocharyan, saying he and five other people - including his son - have been detained as part of a corruption investigation.
Saudi Arabia and France have reaffirmed their support for Palestinian statehood and called for Israel to withdraw from all Lebanese territory, as the two countries sought closer coordination on some of the Middle East’s most pressing conflicts.
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