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The EU is preparing new sanctions to increase pressure on Russia. The package targets Nord Stream pipelines, expands sanctions on shadow fleet vessels, lowers the oil price cap, and tightens restrictions on Russia’s financial sector, EU Commission President Ursula von der Leyen said.
The European Union is set to roll out fresh sanctions on Russia as part of efforts to escalate pressure on President Vladimir Putin. EU Commission President Ursula von der Leyen confirmed on Friday that the new package will target key areas, including the Nord Stream 1 and 2 gas pipelines.
The upcoming sanctions will also extend to more vessels in Russia’s “shadow fleet” and seek to further lower the oil price cap to limit Moscow’s revenue. Additional measures will target the Russian financial sector, aiming to deepen economic restrictions.
Von der Leyen made the announcement ahead of a meeting with European leaders in Tirana, Albania, emphasizing the EU’s commitment to increasing pressure on Russia amid ongoing tensions.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
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 series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
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.
U.S. Secretary of State Marco Rubio on Friday praised Pakistan's role in promoting regional stability and discussed deeper cooperation on counterterrorism, trade, and critical minerals during a meeting in Washington with Deputy Prime Minister Ishaq Dar.
President Volodymyr Zelenskyy said on Friday that Ukrainian forces are engaged in intense battles near the eastern city of Pokrovsk, a critical logistics center where Russian forces have been steadily advancing and claiming new territory almost daily.
President Donald Trump arrived in Scotland on Friday, combining diplomacy with business as his family prepares to open a new golf course on 13 August in Balmedie, Aberdeenshire.
Cambodia has called for an immediate and unconditional ceasefire with Thailand as border clashes between the two Southeast Asian neighbors escalated for a second consecutive day, AFP reports.
Trump rejected Macron’s plan to recognize a Palestinian state at the UN.
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