French President Emmanuel Macron has expressed support for imposing further sanctions on Russia if Moscow refuses to implement a ceasefire, emphasizing energy and financial services as potential targets.
French President Emmanuel Macron announced his willingness to implement new sanctions on Russia if it fails to agree to a ceasefire. Speaking during a televised interview, Macron highlighted financial services and the energy sector as potential areas for increased pressure.
Macron’s remarks align with similar statements by German Chancellor Friedrich Merz, who mentioned tightening sanctions on sectors such as energy and financial markets. Additionally, French Foreign Minister Jean-Noel Barrot revealed that the European Commission had been tasked with drafting new measures in these areas.
Diplomats have noted the challenges in reaching consensus within the EU for additional sanctions after 16 prior packages targeting Russia for its actions in Ukraine. As discussions continue, the bloc faces hurdles in maintaining unanimous agreement among its 27 member states.
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Tech company Xiaomi says it will consider selling its electric vehicles (EV) outside China starting in 2027, CEO Lei Jun said, citing strong local demand for its SU7 sedan and newly launched YU7 SUV.
Russia has cancelled its annual naval parade in St Petersburg amid security concerns, as the deputy head of its Navy was killed in a Ukrainian attack in Kursk.
Finland has endorsed the European Union’s proposed 90% cut in greenhouse gas emissions by 2040, calling it a step toward climate neutrality and in line with its national goals, a key milestone on the EU’s path to climate neutrality by 2050.
The World Health Organization (WHO) has called for a 50% price increase on sugary drinks, alcohol, and tobacco over the next decade, pushing for taxation as a means to reduce chronic diseases and raise funds for health systems.
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.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Washington’s latest trade decision hints at a broader diplomatic recalibration, as the global economic landscape demands new strategies to balance innovation with national interest.
A British Royal Navy F-35 fighter jet that has remained grounded in southern India since mid-June may soon be dismantled and transported back to the UK by military transport, as repair efforts continue to stall, according to a report by India Today.
Russia has cancelled its annual naval parade in St Petersburg amid security concerns, as the deputy head of its Navy was killed in a Ukrainian attack in Kursk.
Finland has endorsed the European Union’s proposed 90% cut in greenhouse gas emissions by 2040, calling it a step toward climate neutrality and in line with its national goals, a key milestone on the EU’s path to climate neutrality by 2050.
The World Health Organization (WHO) has called for a 50% price increase on sugary drinks, alcohol, and tobacco over the next decade, pushing for taxation as a means to reduce chronic diseases and raise funds for health systems.
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