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' ...
Donald Trump and Recep Tayyip Erdogan held a wide-ranging call covering Ukraine, Gaza, and Syria, with mutual pledges of cooperation and invitations exchanged.
U.S. President Donald Trump described a recent phone call with Turkish President Tayyip Erdogan as “very good and productive,” noting that the two leaders discussed a number of pressing international issues, including the conflicts in Ukraine, Gaza, and Syria.
Trump, who is in his second term as president, stated in a social media post that Erdogan had invited him to visit Türkiye at a future date, while also planning a visit to Washington. The Turkish presidency confirmed the invitation, though no specific dates were given.
Reaffirming his long-standing rapport with Erdogan, Trump said the U.S. and Türkiye would work together to end the war between Russia and Ukraine, a conflict that began with Russia’s full-scale invasion in 2022. “I look forward to working with President Erdogan on getting the ridiculous but deadly, War between Russia and Ukraine ended -- NOW!” Trump wrote. The Turkish presidency said Erdogan welcomed U.S. efforts to resolve the conflict.
Details of Ankara’s potential role in any peace process remain unclear. Trump, who had pledged during his campaign to end the war on his first day in office, has taken a markedly different stance on the issue since returning to the White House in January. His administration has pushed for a ceasefire agreement from Kyiv and softened its position toward Moscow, though Trump has recently questioned Russian President Vladimir Putin’s willingness to negotiate peace.
In addition to Ukraine, Erdogan raised the humanitarian crisis in Gaza, emphasising the importance of uninterrupted aid delivery and reiterating Ankara’s readiness to help facilitate a ceasefire and lasting peace. The Turkish president also discussed Syria, stressing the need to protect the country’s territorial integrity and urging the U.S. to consider easing sanctions on Damascus.
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.
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.
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.
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.
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 Ukrainian drone strike on a beach in the Russian city of Kursk has killed at least three people, including a member of Russia’s National Guard, and left seven others injured, regional authorities reported early Wednesday.
At least nine people have died after a bridge collapsed over a river in the western Indian state of Gujarat on Wednesday, according to local police quoted by the Press Trust of India.
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