The Canadian government announced Friday it will join key allies in reducing the price cap on Russian seaborne crude oil in response to Moscow’s ongoing war in Ukraine.
The Finance Department said the cap will drop from $60 to $47.60 per barrel, matching recent moves by the European Union and the United Kingdom.
Ottawa’s decision aims to target Russia’s oil revenues and tighten economic pressure on the Kremlin.
“By further lowering the price cap on Russian crude oil, Canada and its partners are ratcheting up the economic pressure and limiting a crucial source of funding for Russia’s illegal war,” Finance Minister Francois-Philippe Champagne said in a statement.
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Türkiye’s benchmark BIST 100 index closed Friday at 10,971.52 points, up 1.24% from the previous session....
Executive Director of the Asia-Pacific Economic Cooperation (APEC) Secretariat Eduardo Pedrosa said China is expected to host the APEC summit in 2026,...
The United Nations has warned of a catastrophic humanitarian situation in Sudan after reports emerged of mass killings, sexual violence, and forced displacements following the capture of al-Fashir by the Rapid Support Forces (RSF).
Nearly 42 million Americans face the loss of food assistance as the United States enters one of its longest government shutdowns, with no resolution in sight between Democrats and Republicans.
At least nine people, including six members of a single family, have been confirmed dead after landslides struck Bukwo and Kween districts in eastern Uganda following heavy overnight rains earlier this week.
Türkiye’s benchmark BIST 100 index closed Friday at 10,971.52 points, up 1.24% from the previous session.
Reliable sources have confirmed to AnewZ that the United States has asked Azerbaijan to join a Stabilisation Force in Gaza, as part of a proposed international mission to secure the territory.
Tanzanian police fired tear gas and live rounds on Thursday to disperse protesters in Dar es Salaam and other cities, a day after a disputed election marked by violence and claims of political repression, witnesses said.
Reports from CNN say the Pentagon has approved the provision of long range Tomahawk missiles to Ukraine after assessing its impact on U.S. stockpiles, while leaving the ultimate decision to President Trump.
U.S. President Donald Trump agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl trade, Trump said.
Police in Dar es Salaam fired gunshots and tear gas on Thursday to break up renewed protests following a disputed general election, a Reuters witness said.
Ukrainian President Volodymyr Zelenskyy on Friday dismissed reports that Russian forces had encircled Pokrovsk in the eastern Donetsk region, insisting that Ukrainian troops remain in control of the situation.
The Trump administration has announced its support for repealing the Caesar Act sanctions on Syria and called on U.S. lawmakers to include the move in the National Defense Authorization Act (NDAA) currently being debated in Congress.
U.S. President Donald Trump said on Friday he would lift all fentanyl-related tariffs on Chinese goods if Beijing takes concrete steps to restrict exports of the drug and the precursor chemicals used to produce it.
U.S. President Donald Trump on Friday denied media reports suggesting that strikes on military installations in Venezuela could be imminent. Speaking aboard Air Force One, Trump told reporters: “No, it’s not true.”
At least two civilians were killed and 17 others injured after Russian forces shelled several settlements in Ukraine’s southern Kherson region, the regional prosecutor’s office said on Friday.
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