China to impose export restrictions on steel
China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 s...
Meta has officially announced Project Waterworth, a 50,000-km subsea cable that will link the U.S., Brazil, India, and South Africa, among other regions.
This marks the company’s first fully owned subsea infrastructure project, expanding beyond its previous partnerships in global connectivity efforts.
Meta describes Waterworth as the longest 24 fiber pair cable project in the world. The company is using an advanced routing method to place cables as deep as 7,000 meters to protect against undersea hazards such as anchor damage.
While Meta has not detailed specific applications, it emphasized that subsea cables enable digital communication, video experiences, online transactions, and AI-driven innovations. The company’s platforms currently account for 10% of global fixed internet usage and 22% of mobile traffic, underscoring the potential benefits of a more stable and high-speed connection.
A U.S.-India joint statement welcomed the announcement, noting India’s intent to help finance and maintain undersea cables in the Indian Ocean. However, Meta clarified that India is not involved in the financing of Project Waterworth.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
Kyiv has escalated its naval campaign against Moscow’s economic lifelines, claiming a successful strike on a vessel suspected of skirting international sanctions within the Black Sea.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
Hungary has strongly criticised NATO Secretary-General Mark Rutte’s warning that Russia could be capable of attacking the alliance within five years, with Foreign Minister Péter Szijjártó describing the remarks as irresponsible and dangerous.
Thailand and Cambodia have agreed to halt all shooting from Friday evening following renewed fighting along their shared border, U.S. President Donald Trump said on Friday.
China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 steel products.
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