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...
Former EU foreign policy chief Federica Mogherini has resigned as rector of the College of Europe amidst an ongoing fraud investigation, according to a statement released on Thursday.
Earlier this week, Federica Mogherini and two others was accused by the The European Public Prosecutor's Office (EPPO) of procurement fraud and corruption.
The investigation centers on suspected fraud linked to EU-funded training for junior diplomats.
Mogherini's lawyer has denied any wrongdoing, stating that she is fully cooperating with the investigation.
Stefano Sannino, another senior EU diplomat and suspect in the case, announced in an email seen by Reuters on Wednesday that he would retire early this month.
He explained that, given the probe, it was inappropriate for him to continue in his role. Sannino expressed confidence that the situation would be clarified, but he has not responded to further comment requests from Reuters.
Mogherini, who served as the EU's high representative for foreign and security policy and head of its diplomatic service from 2014 to 2019, became rector of the College of Europe, a postgraduate institute of European studies, in 2020.
The 52-year-old Mogherini also previously served as Italy's foreign minister for eight months under Prime Minister Matteo Renzi's center-left government, a role that was seen as a surprise due to her relatively limited experience at the time.
Both Mogherini and Sannino, Italian nationals, are well-known figures in Brussels diplomatic circles. The news of the allegations has sent shockwaves through the EU community.
EU foreign policy chief Josep Borrell called the allegations "deeply shocking" in a letter sent to staff of the EU's diplomatic service on Wednesday, which was later seen by Reuters.
He stressed that the allegations should not overshadow the important work done by the vast majority of EU employees.
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."
Dozens of beaches along Australia's east coast, including in Sydney, closed on Tuesday (20 January) after four shark attacks in two days, as heavy rains left waters murky and more likely to attract the animals.
U.S. President Donald Trump said Washington would “work something out” with NATO allies on Tuesday, defending his approach to the alliance while renewing his push for U.S. control of Greenland amid rising tensions with Europe.
At the World Economic Forum’s “Defining Eurasia’s Economic Identity” panel on 20 January 2026, leaders from Azerbaijan, Armenia and Serbia discussed how the South Caucasus and wider Eurasian region can strengthen economic ties, peace and geopolitical stability amid shifting global influence.
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.
The United States is placing renewed emphasis on regional partnerships that offer predictability, security cooperation and economic continuity as instability deepens across the Middle East and parts of Eurasia
A fire alarm prompted the partial evacuation of the Davos Congress Centre on Wednesday evening while Donald Trump was inside the building attending the World Economic Forum, Swiss authorities said.
Kazakhstan has yet to receive results from two foreign laboratories examining evidence linked to the crash of an Azerbaijan Airlines aircraft near Aktau, delaying the publication of the final investigation report, officials said.
Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in Donald Trump’s proposed ‘Board of Peace’.
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