Tanker carrying 1 million barrels of oil hit by explosion off Libya
An oil tanker carrying one million barrels of crude oil exploded near the Libyan coast, Bloomberg reported on 30 June....
Russia is expanding Arctic cooperation with Türkiye, China, and India, securing foreign investment for the Northern Sea Route. Rosatom's chief highlighted ongoing projects, growing transit with China, and UAE-backed logistics hubs, positioning Russia as a key player in Arctic development.
Russia is strengthening its Arctic exploration partnerships with Türkiye, China, and India, while seeking foreign investment in infrastructure projects along the Northern Sea Route (NSR), Rosatom chief Alexey Likhachev announced in Murmansk.
He emphasised that cooperation is progressing beyond invitations, with concrete agreements and active projects already in place, particularly with Türkiye. Russia is also engaged in discussions with Vietnam and several Middle Eastern nations on Arctic development.
Likhachev highlighted growing collaboration with China, citing the completion of 14 transit voyages through the NSR, transporting nearly 1.5 million tons—an unprecedented figure. Meanwhile, Russia is working with a UAE-based logistics firm on long-term projects, including the development of Arctic-class fleets, transportation routes, and essential logistics hubs.
He stressed the strategic importance of establishing these hubs, noting that the first nation to do so will play a key role in moderating Arctic activities.
Russia has already begun work to secure this position, ensuring its leadership in the region’s economic and logistical development.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
An oil tanker carrying one million barrels of crude oil exploded near the Libyan coast, Bloomberg reported on 30 June.
U.S. President Donald Trump signed an executive order on Monday ending the U.S. sanctions programme on Syria, the White House confirmed.
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