Italy's foreign minister informed the upper house of parliament on Thursday, that additional sanctions were necessary to exert pressure on Russian President Vladimir Putin to engage in negotiations aimed at ending the conflict in Ukraine.
The U.S. and European Union said they are working to align their efforts, with European Commission President Ursula von der Leyen stating on Wednesday that the EU is considering an accelerated phase-out of Russian fossil fuels as part of new sanctions.
Italian Foreign Minister Antonio Tajani told the Senate, "We must increase pressure on Putin to bring him to the negotiating table. This requires using every available tool to disrupt the financing of his war effort, including new sanctions."
Tajani, who is also a deputy prime minister in Giorgia Meloni's government, emphasised that the EU was working on a 19th sanctions package, which would significantly affect financial flows.
The EU is expected to source about 13% of its gas from Russia this year but is negotiating legal measures to halt Russian oil and gas imports by 1 January, 2028.
Tensions between Russia and the West have escalated since Poland reported shooting down suspected Russian drones in its airspace with support from NATO aircraft.
Tajani also reiterated Italy's proposal to extend NATO's collective defence umbrella to Ukraine, without granting it full membership, in order to provide security guarantees should a peace agreement be reached.
"The starting point is to define a collective security clause that would allow Ukraine to benefit from the support of all its partners, including the United States, if it is attacked again," Tajani said.
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Walt Disney (DIS.N) is bracing for a potentially long and contentious battle with YouTube TV over the distribution of its television networks, a development that has raised concerns among investors about the future of its already struggling TV business.
Ukraine is facing one of the most difficult moments of the war, as a convergence of corruption scandals, political turbulence, financial uncertainty and intensifying Russian offensives places unprecedented strain on the country’s ability to defend itself.
As Chile heads into its presidential election on Sunday, voters are gripped not by economic reform or social policy, but by crime, immigration, and organized gangs—a dramatic shift from the left-wing optimism that defined the previous cycle.
The International Monetary Fund (IMF) is closely monitoring the aftermath of Hurricane Melissa, which caused widespread devastation across the Caribbean, particularly in Jamaica and Haiti.
Two earthquakes centered in Cyprus on Wednesday were felt across northern and central regions of Israel, raising concerns among residents in both countries. The first tremor occurred at 11:31 a.m., with the epicenter near Paphos, Cyprus, at a depth of 21 kilometers.
Mali's Prime Minister, General Abdoulaye Maiga, sharply criticised France and Algeria on Tuesday (11 November) for allegedly supporting terrorist groups operating in the Sahel region. His comments came during the opening of the Bamako Military Exhibition (BAMEX).
Streets and homes in Taiwan's Yilan County were left inundated with mud and rubble on Wednesday (12 November) after floodwaters swept through residential areas, forcing residents to wade through puddles of water and clear debris from damaged homes.
Russia has expressed its readiness to resume peace talks with Ukraine in Istanbul, according to a statement by a Russian foreign ministry official, Alexei Polishchuk, quoted by the state news agency TASS on Wednesday.
Russia’s Foreign Minister Sergei Lavrov has urged the U.S. to avoid actions that could intensify the war in Ukraine, citing President Donald Trump’s past support for dialogue.
A night‑time attack by Israeli settlers on a mosque in the occupied West Bank village has drawn strong condemnation from the United Nations and raised alarm over a broader spike in settler‑linked violence.
Forty years after the eruption of Nevado del Ruiz buried the town of Armero, Colombia, survivors, families, and officials gathered to remember one of Latin America’s deadliest natural disasters.
The U.S. government is set to resume operations on Thursday after the longest shutdown in American history left air traffic disrupted, food aid suspended for low-income families, and more than one million federal workers unpaid for over a month.
Walt Disney (DIS.N) is bracing for a potentially long and contentious battle with YouTube TV over the distribution of its television networks, a development that has raised concerns among investors about the future of its already struggling TV business.
As Chile heads into its presidential election on Sunday, voters are gripped not by economic reform or social policy, but by crime, immigration, and organized gangs—a dramatic shift from the left-wing optimism that defined the previous cycle.
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