live Alaska Summit: President Trump, President Putin arrive in Anchorage
U.S. President Donald Trump has arrived in Alaska on Friday for his high-stakes summit with Russia's Vladimir Putin after saying he wants to see a cea...
Finnish power grid operator Fingrid and its Estonian partner Elering have agreed to forgo seizing the Cook Islands-registered Eagle S oil tanker, which is accused of damaging a Baltic Sea power cable in December.
The decision comes as part of a broader effort to rapidly restore service on the compromised Estlink 2 interconnector.
The Eagle S was boarded by Finland’s coast guard on December 26 and remains anchored in a Finnish bay while investigations continue into the incident, which involved not only the breach of the power cable but also the damage of four fibre-optic internet lines. Fingrid stated that the cost of taking over and maintaining the vessel would likely exceed its value. Instead, the companies plan to seek compensation through legal action.
“At this stage, Fingrid and Elering will pay the repair costs to make the (Estlink 2) interconnector available as quickly as possible,” the operator said in a statement on Sunday.
The decision highlights the ongoing challenges facing the Baltic Sea region, which has experienced a series of outages affecting power cables, telecommunications links, and gas pipelines since Russia’s invasion of Ukraine in 2022. In response, NATO has increased its presence in the area with additional frigates, aircraft, and naval drones.
The waiver of the seizure reflects a calculated move by the grid operators, prioritizing swift restoration of critical infrastructure over the potential administrative and financial burdens of maintaining the stranded vessel. Further investigations into the breach are expected to continue as authorities work to determine the full extent of the damage and liability.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
U.S. President Donald Trump has arrived in Alaska on Friday for his high-stakes summit with Russia's Vladimir Putin after saying he wants to see a ceasefire in the war in Ukraine "today."
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for interest rate cuts and shifted market attention to the meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
Donald Trump travelled to Alaska on Friday for what he described as a “high-stakes” summit with Russian president Vladimir Putin, aimed at securing a ceasefire in Ukraine and ending the deadliest conflict in Europe since the Second World War.
U.S. President Donald Trump announced plans for new tariffs on steel and semiconductor imports, aiming to boost domestic manufacturing while offering initial exemptions for companies investing in the U.S.
Two people were injured in a shooting near a mosque in the Swedish city of Örebro on Friday, police said.
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