Iran Seizes Tanker Carrying Smuggled Fuel
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman....
EU leaders ended their Brussels summit without endorsing a proposal to raise €5 billion for Ukraine’s ammunition, despite backing from Kyiv and top EU officials.
The European Union summit in Brussels concluded without EU leaders endorsing a proposal to mobilise €5 billion for the procurement of 2 million ammunition rounds for Ukraine.
The plan, put forward by High Representative Kaja Kallas and supported by Ukrainian President Volodymyr Zelenskyy, aimed to raise up to €40 billion in new military support for Ukraine. However, it failed to gain the necessary political backing.
Kallas proposed that a portion of military contributions be allocated based on each country’s economic weight, using gross national income (GNI) as the main indicator to ensure fair distribution.
This model faced strong resistance from larger member states, such as France and Italy, which would be expected to contribute significantly under the GNI-based system.
The summit’s conclusions on Ukraine only made a brief mention of the Kallas plan, without referring to any specific financial targets.
However, European Council President Antonio Costa expressed confidence that member states would increase their pledges, noting that €15 billion in additional support had already been pledged, and new commitments were expected in the coming weeks.
The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
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.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
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.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
U.S. stock markets closed lower at the end of the week, as investors continued to rotate out of technology shares, putting pressure on major indices.
EU foreign policy chief Kaja Kallas has warned that without concrete concessions from Russia, such as limiting its military forces or curbing its defence budget, new conflicts could erupt elsewhere, even if Ukraine receives security guarantees.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman.
A United Airlines flight heading to Tokyo was forced to return to Washington Dulles International Airport shortly after takeoff on Saturday after an engine failure, prompting an investigation by U.S. aviation authorities.
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