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.
The Azerbaijan embassy in Kyiv was damaged by debris from an Iskander missile during Russia’s overnight attack, which killed four people and injured...
China’s Communist Party newspaper has accused Japan of attempting to revive wartime militarism after Prime Minister Sanae Takaichi suggested a Chine...
The Palestinian group Hamas returned the remains of another Israeli hostage on Thursday evening under a Gaza ceasefire agreement, Israeli authorities ...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 14th of November, covering the latest developments you need to...
Two crude bombs exploded near Dhaka airport on Thursday night, heightening tension as Bangladesh braces for Monday’s verdict in a war-crimes trial a...
Prosecutors in Milan have opened an investigation into allegations that Italian nationals paid Bosnian Serb soldiers for trips to the hills around Sarajevo in the 1990s so they could shoot civilians during the city’s four-year siege.
A Romanian worker trapped for hours under the rubble of a partially collapsed medieval tower near the Colosseum in central Rome has died, Italian and Romanian authorities said on Tuesday.
Italian emergency services were battling on Monday to rescue a Romanian worker trapped for hours under rubble following the partial collapse of a medieval tower in central Rome, near the Colosseum.
Thousands of pro-Palestinian demonstrators marched on Tuesday through the northern Italian city of Udine ahead of Italy’s World Cup qualifier against Israel, ending their mostly peaceful rally with clashes involving police.
Two earthquakes centered in Cyprus on Wednesday were felt across northern and central regions of Israel, raising concerns among residents in both countries. The first tremor occurred at 11:31 a.m., with the epicenter near Paphos, Cyprus, at a depth of 21 kilometers.
Russia’s Foreign Minister Sergei Lavrov has urged the U.S. to avoid actions that could intensify the war in Ukraine, citing President Donald Trump’s past support for dialogue.
Russia has expressed its readiness to resume peace talks with Ukraine in Istanbul, according to a statement by a Russian foreign ministry official, Alexei Polishchuk, quoted by the state news agency TASS on Wednesday.
MrBeast, the world’s most popular YouTuber, has officially launched his first theme park, Beast Land, in Riyadh, Saudi Arabia.
Iran is facing its worst water crisis in decades, with officials warning that Tehran, home to over 10 million people, could become uninhabitable if the ongoing drought persists.
The Azerbaijan embassy in Kyiv was damaged by debris from an Iskander missile during Russia’s overnight attack, which killed four people and injured dozens, President Volodymyr Zelenskyy said on Friday.
China’s Communist Party newspaper has accused Japan of attempting to revive wartime militarism after Prime Minister Sanae Takaichi suggested a Chinese attack on Taiwan could trigger a military response from Tokyo.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 14th of November, covering the latest developments you need to know.
Two crude bombs exploded near Dhaka airport on Thursday night, heightening tension as Bangladesh braces for Monday’s verdict in a war-crimes trial against ousted former Prime Minister Sheikh Hasina.
Some tariffs on foods and other imports from Argentina, Ecuador, Guatemala, and El Salvador will be removed under framework agreements that give U.S. firms greater market access, the United States said on Thursday.
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