live Pezeshkian calls for greater economic cooperation among Muslim countries
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remai...
Ukraine has declared a state of emergency in its energy sector after sustained Russian attacks severely damaged power and heating infrastructure, Ukrainian President Volodymyr Zelenskyy said on Wednesday.
Zelenskyy said the move would give authorities greater flexibility to address widespread electricity disruptions, particularly in Kyiv, where repairs are ongoing after strikes last week. Freezing temperatures, with night-time lows nearing minus 20 degrees Celsius, have worsened conditions for residents.
In a statement on social media, Zelenskyy said the consequences of the attacks and harsh weather were “severe” and required urgent action. He later said the emergency would allow faster decision-making to restore power, expand heating centres and, where possible, ease nightly curfews.
The president criticised preparations in Kyiv, saying the capital had done less than other major cities to respond to the crisis.
Kyiv’s mayor, Vitali Klitschko, rejected the criticism, saying heating had been restored to most affected buildings and support centres were operating around the clock.
Zelenskyy said a permanent coordination would be set up in Kyiv, overseen by Deputy Prime Minister and Energy Minister Denys Shmyhal. He also said Ukraine was working to increase electricity imports and called on the military and diplomats to maintain pressure on the battlefield and in international talks.
Meanwhile, U.S. President Donald Trump told Reuters that Ukraine - not Russia - is holding up a potential peace deal, rhetoric that stands in marked contrast to that of European allies, who have consistently argued Moscow has little interest in ending its war in Ukraine.
In an exclusive interview in the Oval Office on Wednesday, Trump said Russian President Vladimir Putin is ready to wrap up his nearly four-year-old invasion of Ukraine. Zelenskyy, the U.S. president said, was more reticent.
"I think he's ready to make a deal," Trump said of the Russian president. "I think Ukraine is less ready to make a deal."
Asked why U.S.-led negotiations had not yet resolved Europe's largest land conflict since World War Two, Trump responded: "Zelenskyy."
Trump told Reuters he was not aware of a potential upcoming trip to Moscow by Witkoff and Kushner, which Bloomberg reported earlier on Wednesday.
Asked if he would meet Zelenskyy at the World Economic Forum in Davos, Switzerland, next week, Trump said he would but implied no plans were set.
"I would - if he's there," Trump said. "I'm going to be there."
Asked why he believed Zelenskyy was holding back on negotiations, Trump did not elaborate, saying only, "I just think he's, you know, having a hard time getting there."
Zelenskyy has publicly ruled out any territorial concessions to Moscow, saying Kyiv has no right under the country's constitution to give up any land.
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.
Rescuers in Nepal used helicopters on Thursday to scour for hundreds still missing after a wall of mud and rock collapsed into a river on the Himalayan border with China's Tibet, sending catastrophic floods through towns and valleys, killing 162 people.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
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.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
The inaugural Silk Road Finance & Technology Forum brought together policymakers, investors and technology companies as Central Asia looks to build a more connected financial system and compete for a bigger share of global fintech investment.
Uzbekistan's region of Karakalpakstan is developing three cryptocurrency mining facilities and three data centers with a combined investment of $5.1 billion, as the region seeks to attract larger and higher-quality investments.
A restaurant payment with a Visa card in Damascus has become a symbol of Syria’s reconnection with the global financial system.
The Silk Road Finance & Technology Forum will bring more than 6,000 policymakers, investors and technology leaders from 74 countries to Tashkent, as Central Asia seeks a bigger role in the global fintech landscape.
Kazakhstan is considering the Baku-Supsa pipeline as an alternative oil export route after Caspian Pipeline Consortium disruptions cost the country an estimated 3.5 million tonnes of oil, Energy Minister Yerlan Akkenzhenov said.
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