Trump says peace deal will be signed on Sunday; Iran says it may take days
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Fore...
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.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
European museums are increasingly returning cultural artefacts to countries in Africa and the Middle East, as pressure grows to address the legacy of colonialism and disputed ownership.
Uganda’s health ministry has raised concerns over what it described as unfair travel restrictions imposed during the current Ebola outbreak, warning that such measures risk undermining transparent reporting. .
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, tighter controls on foreign students and expanded investigative powers for the migration authorities.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know.
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