Italy has frozen Russian oligarchs' assets worth €2.3 billion ($2.6 billion) since the 2022 Ukraine invasion, as part of European Union sanctions, with additional seizures targeting Iranian-linked companies accused of aiding Moscow.
These frozen assets—ranging from bank accounts and luxury villas to yachts and high-end cars—are part of the EU’s broader sanctions against Russia and its associates.
The Bank of Italy reported that as of June 2023, the total value of frozen Russian assets had reached €2.17 billion ($2.5 billion). Although no updated figure was provided this month, the central bank said that funds frozen due to sanctions reached nearly €280 million ($320 million) by the end of 2024, reflecting a €44 million ($50 million) increase compared to the previous year.
In a related move, Italy’s tax police seized the Milan-based Iranian company Irital Shipping Lines and two of its properties, valued at more than €1 million ($1.14 million). Authorities cited the company’s alleged military support for Russia’s war in Ukraine as the reason behind the action.
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Leaders of countries from the Commonwealth of Independent States (CIS) have agreed to hold coordinated population censuses around 2030. They took the decision at the CIS Council of Heads of State meeting in Awaza, Turkmenistan on Friday, media reported.
Britain and Israel have reached a temporary compromise over the future of the British Consulate General in East Jerusalem, easing a diplomatic dispute that had threatened to further strain relations between the two countries.
South African judge Navanethem “Navi” Pillay won the Nobel Peace Prize on Friday “for her efforts to promote peace and international law,” the Norwegian Nobel Committee said.
The Nobel Peace Prize 2026 will be announced on Friday, 9 October, bringing one of the world's most closely watched awards back into focus.
The U.S. has imposed sanctions on the International Criminal Court (ICC) on Friday (9 October) escalating tensions with European allies and potentially targeting companies that provide services to the tribunal. The move came hours after former ICC judge Navi Pillay won the Nobel Peace Prize.
Ukrainian President Volodymyr Zelenskyy has criticised U.S. President Donald Trump’s decision to ease sanctions on Russian diesel exports, questioning why Moscow was granted an economic benefit without an apparent concession towards ending the war in Ukraine.
Russian President Vladimir Putin expressed surprise after Donald Trump mediated the Armenia-Azerbaijan peace agreement in 2025, the U.S. President said at a rally in New York state on Friday.
The United Nations has condemned a sharp rise in attacks on civilians in Ukraine, reporting that more than 100 people were killed and at least 429 injured in a single week as Russian strikes hit residential areas, passenger buses and critical infrastructure.
Air quality in Singapore plunged to “very unhealthy” levels on Friday, 9 October, as thick haze engulfed the city-state ahead of Sunday's Formula One Grand Prix, while Max Verstappen claimed pole position for Saturday's Sprint race.
Ukrainian drone strikes have hit two Yandex data centres in Russia on consecutive days, disrupting digital services as Kyiv intensifies attacks on Russia's digital infrastructure.
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