The European Commission has announced its 18th sanctions package targeting Russia, focusing on cutting Moscow’s energy revenues and limiting its military capabilities.
On Tuesday, European Commission President Ursula von der Leyen unveiled the latest, 18th set of sanctions against Russia in response to its invasion of Ukraine. The new measures aim to restrict Russia’s energy income and military industry by banning transactions related to the Nord Stream gas pipelines and targeting banks involved in evading sanctions. Additionally, the Commission proposed lowering the G7 price cap on Russian crude oil from $60 to $45 per barrel. The package also includes expanding the list of vessels in Russia’s shadow fleet and oil trading firms under scrutiny. EU member states will begin discussions on this proposal this week.
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election....
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations...
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against...
Russian President Vladimir Putin told US President Donald Trump during a phone call that the peace negotiations held in Istanbul will remain bilateral...
Washington’s latest trade decision hints at a broader diplomatic recalibration, as the global economic landscape demands new strategies to balance i...
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election.
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations.
Russian President Vladimir Putin told US President Donald Trump during a phone call that the peace negotiations held in Istanbul will remain bilateral, involving only representatives from Russia and Ukraine.
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.
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.
A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
Former UK Labour leader Jeremy Corbyn has hinted at forming a new party with fellow independent MPs before the next general election.
Russia has officially become the first country to recognise the Taliban government in Afghanistan, marking a significant shift in diplomatic relations.
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