Belgian PM says best to leave frozen Russian funds in Euroclear for now
Russian state assets frozen since the outbreak of the Ukraine conflict should remain in the Euroclear securities depository in Belgium for the time be...
Military financing has been stopped, and officials are meeting to consider suspending another type of assistance
The Trump administration has halted funding for new weapons sales to Ukraine and is considering freezing arms shipments from U.S. stockpiles, The Wall Street Journal reported.
The pause on arms financing aligns with the administration’s broader freeze on foreign aid, but the latest move to potentially cut off military support follows a heated Oval Office exchange on Friday between President Donald Trump and Ukrainian President Volodymyr Zelenskyy. The meeting ended abruptly, with Zelenskyy leaving the White House ahead of schedule, according to U.S. officials cited by the WSJ.
A White House meeting on Monday reportedly addressed whether to further restrict weapons transfers to Ukraine. Participants included Vice President J.D. Vance, Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, Director of National Intelligence Tulsi Gabbard, and Special Envoy to the Middle East Steve Witkoff, The Washington Post reported.
Friday’s meeting between Trump and Zelenskyy was expected to result in the signing of a critical minerals development agreement between the U.S. and Ukraine—a step Trump viewed as essential to advancing peace efforts between Kyiv and Moscow. However, the contentious exchange led to the cancellation of a scheduled luncheon and press conference.
Although Secretary of State Rubio has signed a waiver exempting Ukraine from the foreign aid freeze, the State Department has yet to notify the Pentagon, effectively leaving Ukraine cut off from receiving weapons under the Foreign Military Financing program, according to the WSJ.
Ukraine has multiple avenues to secure U.S. weapons, but the most critical has been presidential drawdown authority, which allows the Pentagon to transfer arms from its own stockpiles. Even if Trump proceeds with further restrictions, Ukrainian forces are expected to have sufficient weapons to sustain operations against Russia through mid-2025, thanks in part to a major arms transfer completed under the Biden administration.
The fate of the critical minerals deal remains uncertain. Trump is expected to address the matter in his Tuesday night speech before Congress, while Zelenskyy has expressed a willingness to proceed with signing the agreement despite Friday’s diplomatic fallout.
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.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Russian state assets frozen since the outbreak of the Ukraine conflict should remain in the Euroclear securities depository in Belgium for the time being, Belgium’s prime minister said on Tuesday, cautioning that seizing them to aid Ukraine would present major legal hurdles.
A quarter of the world’s population, 2.1 billion people, still lack access to safely managed drinking water, according to a new WHO and UNICEF report marking World Water Week 2025.
Iran is currently facing threats of a reimposition of sanctions at the UN security council that were originally lifted under a deal made ten years ago.
The Paris prosecutor said on Tuesday it has opened a preliminary investigation into Australian-owned firm Kick following the online death of a French streamer on the livestreaming platform last week.
An overnight blaze has gutted half of the Marshall Islands' parliament building, known as the Nitijela in Majuro. The remaining structure is unusable, with archives, library, chambers, and offices destroyed. Firefighters extinguished the flames, but the nation faces a critical recovery challenge.
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