Islamic finance goes global as Uzbekistan opens the door
Once associated mainly with Muslim-majority countries, Islamic finance has become a global industry. Its assets reached around $5.98 trillion in 20...
Ukraine has handed the United States a revised 20-point peace proposal aimed at ending the war with Russia, a Ukrainian official said on Thursday, 11 December.
According to the report published by ABC News, the updated plan includes “some new ideas” on territorial arrangements.
Provisions concerning control of the Zaporizhzhia Nuclear Power Plant, one of the most sensitive and strategically important sites in the conflict, are also mentioned in the newer version of the peace proposal.
The International Atomic Energy Agency (IAEA) has repeatedly warned in public statements throughout 2024 and 2025, that ongoing shelling and the Russian occupation of the facility pose “unacceptable nuclear-safety risks.”
No further details of the revisions were immediately provided, and U.S. officials have not yet commented publicly on the proposal.
The development comes as diplomatic efforts continue alongside intense fighting.
President Volodymyr Zelenskyy previously said the peace framework must ensure security guarantees, including the withdrawal of Russian forces, and long-term stability for affected regions.
He said Washington’s current “mood” is geared toward compromise, but the territorial question remains unresolved.
The initial 28-point proposal presented by the United States called for Ukraine to surrender territory, accept restrictions on its armed forces and drop its bid for NATO membership.
For many Ukrainians such terms would amount to outright capitulation after nearly four years of Europe’s deadliest conflict since World War II.
Meanwhile, Ukraine has also renewed calls for long-term security guarantees from Western partners, especially as fighting in the Donetsk and Zaporizhzhia regions remains intense.
NATO, in statements published on its official website, has expressed concern about renewed Russian missile strikes on Ukrainian infrastructure, warning of heightened risks of regional escalation.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Five years after Evergrande's debt crisis rattled global markets, founder Hui Ka Yan has been sentenced to life in prison, marking a dramatic new chapter in the downfall of China's former property giant.
Azerbaijan’s support for Ukraine could provide a model for neighbouring countries seeking to strengthen their sovereignty, the director of development at an organisation supporting Ukraine’s armed forces has told AnewZ.
Iran has condemned new U.S. sanctions as “economic terrorism” and “crimes against humanity”, accusing Washington of pursuing a decades-long policy of hostility. Tehran said the measures would not weaken its resolve to defend its sovereignty and national interests.
Around 70 bodies are expected to be buried as families continue to search for missing relatives.
One person was killed and three others injured on Friday when an 18-year-old man armed with a sword attacked students at a school in Fagersta, central Sweden, before police shot and detained him.
Virgin Trains has moved a step closer to challenging Eurostar’s three-decade dominance of Channel Tunnel passenger rail, potentially giving travellers more choice between the UK and mainland Europe.
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the ground".
Nearly 100 days after dozens of children were abducted from a school in northeastern Nigeria's Borno State, parents have taken to the streets to demand urgent government action to bring them home.
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