Sterling, yen dragged by fiscal and political worries
The pound and the yen came under strain on Wednesday, weighed down by renewed investor concerns over global fiscal health and political uncertainty in...
U.S. House Speaker Mike Johnson has said Congress should wait before considering new sanctions on Russia, following President Donald Trump’s July 14 ultimatum giving Moscow 50 days to end the war in Ukraine.
Speaking at a weekly press conference, Johnson explained, "But I think the House and the Senate agree that the White House having given that deadline of 50 days, we need to allow the commander-in-chief and the administration and the secretary of defense and the Pentagon to do what they're going to do, and we'll see how that plays out".
Although a bipartisan Senate bill backed by 85 co-sponsors proposes sweeping sanctions, including 500% tariffs on Russian exports like oil, gas, and uranium — Republican leadership has stated they will not advance any legislation without Trump's endorsement.
China and India, key buyers of Russian energy, would be directly impacted by such tariffs, which aim to weaken Moscow’s war funding.
Trump’s recent threat of strict sanctions gives Russia until early September to reach a ceasefire.
Meanwhile, Johnson emphasized a desire to end the war, stating, “We need peace over there. It's gone on too long. Too many innocent people are dying. And we don't want further American involvement in this at all.”
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.
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.
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.
Ukraine’s air defence systems were activated in Kyiv on Wednesday as the capital came under a new Russian air attack. Authorities urged residents to remain in shelters during the strikes.
China launched its largest military parade on Wednesday, showcasing growing firepower as President Xi Jinping sought to project Beijing’s role on the global stage. Russian President Vladimir Putin and North Korean leader Kim Jong Un were among the leaders attending at Tiananmen Square.
China held its largest-ever military parade on Wednesday, showcasing its growing military power and geopolitical influence as President Xi Jinping positions Beijing as a custodian of the post-U.S. international order.
U.S. forces carried out a precision strike on a suspected transnational drug vessel in the southern Caribbean, killing all 11 people aboard, President Donald Trump and the Pentagon confirmed on Tuesday.
Moscow maintains that negotiations between Russia and Ukraine should continue, but stresses that progress is only possible if what it calls the “new territorial realities” are acknowledged.
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