Russia seizes assets worth $50 BN in three-year ‘fortress’ push
Russia has confiscated 3.9 trillion roubles (about $50 billion) in company assets since 2022, signalling a decisive shift towards a 'fortress Russia' ...
U.S. President Donald Trump signed an order cutting funding to Voice of America’s parent agency, forcing staff out.
U.S. President Donald Trump has signed an executive order aimed at significantly reducing the operations of the parent agency overseeing Voice of America (VOA) and six other federal entities. The move is part of his administration’s broader effort to shrink bureaucracy.
The order instructs these agencies—including ones that fund museums, libraries, and homelessness programs—to scale back to the bare minimum required by law.
VOA, which broadcasts in more than 40 languages online, on radio, and on television, is overseen by the U.S. Agency for Global Media, which also funds Radio Free Europe, Radio Liberty, and Radio Free Asia.
Hundreds of journalists and staff from these outlets received emails over the weekend informing them they would be barred from their offices and must surrender press passes, office phones, and other equipment.
Trump, who frequently clashed with VOA during his first term, has appointed former news anchor Kari Lake as its new director. A close ally of the president, Lake has repeatedly accused mainstream media of anti-Trump bias.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Shipments of antimony to the United States have jumped to more than 3,800 tonnes in five months via Thailand and Mexico, customs data show, as buyers find back-door routes around Beijing’s export ban on critical minerals bound for the U.S.
From launching 25% duties on Mexican goods in February to unveiling a 50% levy on imported copper on Monday, U.S. President Donald Trump has fired off a rapid-fire series of tariff moves that has jolted financial markets and unsettled global supply chains.
Russian Foreign Minister Sergey Lavrov will visit North Korea from 11th to 13th July, - Foreign Ministry Spokeswoman Maria Zakharova announced during a press briefing today.
Russia has confiscated 3.9 trillion roubles (about $50 billion) in company assets since 2022, signalling a decisive shift towards a 'fortress Russia' economic model, the Kommersant business daily reported on Wednesday.
A major rescue operation was underway on Wednesday to locate missing crew members from the Eternity C, a cargo vessel that sank in the Red Sea following a series of attacks that left at least four crew members dead.
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