Argentina Activity Drops 0.3%
Argentina’s economic activity fell by 0.3% in November 2025 compared with the same month a year earlier, marking the country’s first monthly contr...
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’.
Speaking at a meeting of Russia’s Security Council, Putin said he had instructed the Foreign Ministry to examine the proposal and coordinate Russia’s position with partner countries. He said the payment could be drawn from assets frozen during a previous U.S. administration.
“We could send one billion U.S. dollars from Russian assets frozen earlier to the Board of Peace,” Putin said.
The White House announced the formation of the Board of Peace last week, alongside the creation of a National Committee for the Administration of Gaza, one of several bodies intended to oversee a transitional phase in the territory.
According to statements from invited governments, participation in the board is free for the first three years, after which permanent membership would require a $1 billion contribution.
The announcement comes as phase two of a ceasefire agreement in Gaza takes effect, following months of fighting that have resulted in more than 71,000 deaths and over 171,000 injuries since October 2023, according to local health authorities.
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.
U.S. President Donald Trump said he would impose a 200% tariff on French wines and champagnes after France declined to join his proposed Board of Peace on Gaza initiative.
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.
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.
A senior official at the Transportation Security Administration (TSA) said on Wednesday that roughly 6% of U.S. air travellers are not presenting identification that meets stricter federal standards, as the agency prepares to start charging passengers without enhanced ID a $45 fee from 1 February.
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.
At least eight Nigerian soldiers were killed and around 50 wounded after Islamist Boko Haram fighters attacked a military position in Borno State in northeastern Nigeria, security sources said on Wednesday.
President Trump says he has agreed a framework for a Greenland deal with NATO.
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