Islamic finance goes global as Uzbekistan opens the door
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 20...
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
Malinin, the reigning world champion widely known as the sport’s most daring jumper, entered the free skate with a commanding lead following the short programme. The 21-year-old appeared set to add individual Olympic gold to the team title he had already helped secure for the United States earlier in the Games.
Instead, the skater nicknamed the “Quad God” struggled through one of the most difficult performances of his career. Two costly falls left the crowd at the Milano Ice Arena stunned as his title hopes slipped away.
“Honestly, I still haven’t been able to process what just happened,” Malinin said afterwards. “Going into this competition, I felt really good this whole day. Feeling really solid. I just thought that all I needed to do was trust the process that I’ve always been doing.
“But it’s not like any other competition. It’s the Olympics,” he added. “I think people don’t realise the pressure and the nerves that actually happen from the inside. It was really just something that overwhelmed me and I just felt like I had no control.”
Shaidorov capitalised on the opportunity, delivering the skate of his life to secure a career-best total of 291.58 points and claim Olympic gold.
Japan’s Yuma Kagiyama took silver for the second consecutive Games, while teammate Shun Sato secured bronze.
Malinin ultimately dropped to eighth place with 264.49 points, bringing to an end a remarkable unbeaten run spanning more than two years, including 14 consecutive competitions and two world championship titles.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Five years after Evergrande's debt crisis rattled global markets, founder Hui Ka Yan has been sentenced to life in prison, marking a dramatic new chapter in the downfall of China's former property giant.
Azerbaijan’s support for Ukraine could provide a model for neighbouring countries seeking to strengthen their sovereignty, the director of development at an organisation supporting Ukraine’s armed forces has told AnewZ.
Iran has condemned new U.S. sanctions as “economic terrorism” and “crimes against humanity”, accusing Washington of pursuing a decades-long policy of hostility. Tehran said the measures would not weaken its resolve to defend its sovereignty and national interests.
Around 70 bodies are expected to be buried as families continue to search for missing relatives.
One person was killed and three others injured on Friday when an 18-year-old man armed with a sword attacked students at a school in Fagersta, central Sweden, before police shot and detained him.
Virgin Trains has moved a step closer to challenging Eurostar’s three-decade dominance of Channel Tunnel passenger rail, potentially giving travellers more choice between the UK and mainland Europe.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Nearly 100 days after dozens of children were abducted from a school in northeastern Nigeria's Borno State, parents have taken to the streets to demand urgent government action to bring them home.
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