Venezuela Oil Exports Rise, Output Cuts Continue
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and st...
Israel was given the green light to participate in the 2026 Eurovision Song Contest on Thursday, after the organising body decided not to hold a vote on its inclusion, despite threats of boycotts from some countries over the Gaza conflict.
Following the announcement, Dutch broadcaster Avrotros declared that it would withdraw from the contest, meaning the Netherlands will not compete in the competition, which attracts millions of viewers globally.
There was no immediate response from Spanish and other national broadcasters who had previously threatened to boycott the event if Israel was allowed to participate, citing the death toll in Gaza and accusing Israel of breaching the rules designed to maintain the contest’s neutrality.
The European Broadcasting Union (EBU) stated that its members had supported new regulations aimed at preventing governments and third parties from unduly promoting songs to influence voters, following claims that Israel had unfairly boosted its entry this year.
"The vote means that all EBU members who wish to participate in the Eurovision Song Contest 2026 and agree to comply with the new rules are eligible to take part," the EBU said.
The issue has caused significant division among participants in the competition, which has a history of being entangled in national rivalries, international conflicts, and political voting.
The Dutch broadcaster explained that it had determined that, given the current circumstances, participation could not be reconciled with the core public values of its organisation.
Germany, a key supporter of Eurovision, had stated it would withdraw if Israel was excluded. Israel, which finished second in the contest this year, has not addressed the accusations but maintains it is the target of a global smear campaign.
More than 100 vehicles were involved in a massive pileup on Interstate 96 in western Michigan on Monday (19 January), forcing the highway to shut in both directions amid severe winter weather.
Several locally-developed instant messaging applications were reportedly restored in Iran on Tuesday (20 January), partially easing communications restrictions imposed after recent unrest.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
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Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and state-run PDVSA documents show, with shipments accelerating after Washington eased its blockade — but not enough for PDVSA to fully reverse output cuts.
Azerbaijan’s State Oil Fund, State Oil Fund of Azerbaijan (SOFAZ), has signed a long-term strategic cooperation agreement worth up to $1.4 billion with Brookfield Asset Management on the sidelines of the World Economic Forum in Davos, officials said.
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