Authorities in Moldova’s separatist Transdniestria region restored power and heating on Monday after a month-long energy crisis. The European Union provided €64 million to fund natural gas shipments, following Ukraine’s decision to halt Russian gas transit through its territory.
Residents of Transdniestria saw electricity and heating return on Monday after a month-long power outage caused by gas shortages. The EU-funded gas shipments allowed local authorities to restart central heating systems amid freezing winter temperatures.
The Russian-backed separatist enclave, home to 350,000 people, had previously relied on Russian gas flowing through Ukraine. However, Kyiv refused to extend the transit deal beyond January 1, arguing it indirectly supported Russia’s war effort.
Over the weekend, Moldovan energy company Moldovagaz delivered 3 million cubic meters of gas to the region, with purchases continuing on European markets. The funding from the EU is expected to sustain Transdniestria’s energy needs until February 10, though no agreement has been reached for supplies beyond that date.
Transdniestria’s self-declared president, Vadim Krasnoselsky, thanked EU Commission President Ursula von der Leyen for the financial support and acknowledged Moldovan specialists’ role in managing gas deliveries.
Residents expressed relief at the return to normal life. Schools and businesses are gradually reopening, though some areas remain without full services.
Tensions between Russia and Moldova over energy supplies persist. Moldova has shifted to European electricity suppliers, reducing reliance on Transdniestria’s thermal power plant. Meanwhile, Russian energy giant Gazprom has refused to reroute gas flows unless Moldova settles disputed arrears of $709 million, a claim Chisinau disputes.
The European Union and China will hold a new round of trade talks this month, ahead of a planned EU-China summit in July, the European Commission said on Tuesday.
A new European Union law coming into effect on June 20 mandates smartphone makers to provide five years of software updates, energy labels, and improved repairability—setting new standards that may reshape the global smartphone industry.
French President Emmanuel Macron will meet Italian Prime Minister Giorgia Meloni on Tuesday in a bid to ease tensions over Ukraine, U.S. ties, and EU trade strategies, amid growing disagreements between the two leaders.
The European Commission has given the green light to a joint venture between BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co. to lead the development of a next-generation fighter jet.
Britain’s Trade Minister Jonathan Reynolds is set for a pivotal week of negotiations with U.S., EU, and Indian officials as fresh U.S. steel tariffs complicate the implementation of recent trade agreements.
Chinese Premier Li Qiang recently met with a delegation from the Japanese Association for the Promotion of International Trade (JAPIT) in Beijing.
At least seven civilians were killed and over 50 injured as Russia launched a wave of drone, missile, and artillery attacks across multiple Ukrainian regions, amid ongoing efforts to bolster air defenses against escalating assaults.
Iran’s Supreme Leader has firmly rejected a new U.S. proposal aimed at curbing its nuclear program, vowing to continue uranium enrichment as a matter of national interest.
French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni met in Rome on Tuesday, pledging to strengthen cooperation on key European and international issues following weeks of public friction over Ukraine, trade, and relations with the United States.
The White House congratulated South Korea on a fair election but voiced concern over potential Chinese influence as liberal candidate Lee Jae-myung assumes the presidency.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
The world is headed toward record-breaking heat, with an 86% chance of surpassing the critical 1.5°C warming limit in the next five years, global experts warn.
Chinese Premier Li Qiang recently met with a delegation from the Japanese Association for the Promotion of International Trade (JAPIT) in Beijing.
At least seven civilians were killed and over 50 injured as Russia launched a wave of drone, missile, and artillery attacks across multiple Ukrainian regions, amid ongoing efforts to bolster air defenses against escalating assaults.
French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni met in Rome on Tuesday, pledging to strengthen cooperation on key European and international issues following weeks of public friction over Ukraine, trade, and relations with the United States.
The White House congratulated South Korea on a fair election but voiced concern over potential Chinese influence as liberal candidate Lee Jae-myung assumes the presidency.
Chinese President Xi Jinping praised Belarus as a true friend of China as he met Alexander Lukashenko, the leader of the sanctions-hit European nation, on Wednesday and urged the Russian ally to join Beijing in opposing "hegemony and bullying".
Chinese Premier Li Qiang recently met with a delegation from the Japanese Association for the Promotion of International Trade (JAPIT) in Beijing.
At least seven civilians were killed and over 50 injured as Russia launched a wave of drone, missile, and artillery attacks across multiple Ukrainian regions, amid ongoing efforts to bolster air defenses against escalating assaults.
Iran’s Supreme Leader has firmly rejected a new U.S. proposal aimed at curbing its nuclear program, vowing to continue uranium enrichment as a matter of national interest.
French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni met in Rome on Tuesday, pledging to strengthen cooperation on key European and international issues following weeks of public friction over Ukraine, trade, and relations with the United States.
The White House congratulated South Korea on a fair election but voiced concern over potential Chinese influence as liberal candidate Lee Jae-myung assumes the presidency.
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