China to impose export restrictions on steel
China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 s...
European Union support for Ukraine will continue, as the country is the victim of aggression, stated Ursula von der Leyen, President of the EU Commission, on Friday. She added that sanctions imposed on Russia are having a significant impact on its economy.
"Ukraine can rely on us because this is not just an attack on Ukraine, but an assault on the principles of the UN Charter," she said in a speech in Johannesburg, where she is attending the G20 summit.
"We've imposed 19 sanction packages, and these are indeed effective," she remarked.
"The evidence is clear when you observe the increasing challenges facing the Russian economy: rising inflation, higher interest rates, and a strained wartime economy. Gradually, the figures are proving that the sanctions are taking effect."
Her comment comes as she confirmed that she and European leaders will reach out to Ukrainian President Volodymyr Zelenskyy to discuss a U.S. peace plan on Ukraine during the current G20 summit.
"We will discuss the situation both with European leaders and with leaders here on the sidelines of the G20. I will also reach out to President Zelenskyy to discuss the matter," she told reporters on Friday.
Von der Leyen said a key principle European leaders had always upheld was "nothing about Ukraine without Ukraine."
The United States and Russia are negotiating a 28-point roadmap to end the war in Ukraine but Brussels has not been included in the negotiations.
Zelenskyy said he was ready for "constructive, honest and prompt work" with Washington, on Thursday after talks with a top U.S. Army official.
According to the U.S.-backed plan, seen by Reuters, Kyiv would be required to give up the entire Donbas region - part of which Kyiv's forces control - and significantly downsize its military, conditions long seen by Ukraine's allies as tantamount to capitulation.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Kyiv has escalated its naval campaign against Moscow’s economic lifelines, claiming a successful strike on a vessel suspected of skirting international sanctions within the Black Sea.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Greek farmers blocked the Port of Thessaloniki on Friday as part of nationwide protests demanding delayed European Union subsidies and compensation for rising production costs and livestock losses.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
ussian President Vladimir Putin described Moscow’s relations with Baghdad as historically strong and unbroken during a meeting with Iraqi President Abdul Latif Rashid in Turkmenistan.
Hungary has strongly criticised NATO Secretary-General Mark Rutte’s warning that Russia could be capable of attacking the alliance within five years, with Foreign Minister Péter Szijjártó describing the remarks as irresponsible and dangerous.
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