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.
Erin Patterson, the woman at the centre of Australia’s “mushroom murders”, has been sentenced to life in prison for killing three of her estrang...
Thousands of supporters of former far-right Brazilian President Jair Bolsonaro staged protests across several cities on Sunday, days ahead of the conc...
Polish border guards reported the discovery of debris from an unidentified flying object in a village near the border with Belarus, police said late o...
The World Health Organization (WHO) has asked Taliban authorities to lift restrictions on Afghan female aid workers, allowing them to travel without m...
Venezuela will send 25,000 troops to coastal states to fight drug trafficking, President Nicolás Maduro’s government said, following a U.S. deploym...
Three young sisters drowned when the rubber boat carrying them and dozens of other migrants got into difficulties on the perilous central Mediterranean crossing from Libya to Italy, a German sea rescue charity RESQSHIP said on Sunday.
Thousands of people marched in Messina, Sicily, on Saturday (9 August) protesting against a government plan to build the world’s longest suspension bridge connecting the Italian mainland to Sicily.
Italy’s government gave final approval on Wednesday for the construction of a long-planned suspension bridge linking Sicily to the mainland, a project touted as the world’s longest single-span bridge despite decades of environmental, financial and logistical concerns.
Leaders of Türkiye, Italy and Libya met in Istanbul on Friday, pledging deeper cooperation on energy, migration and regional stability.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Erin Patterson, the woman at the centre of Australia’s “mushroom murders”, has been sentenced to life in prison for killing three of her estranged husband’s relatives with a meal of beef wellington laced with deadly death cap mushrooms two years ago.
Thousands of supporters of former far-right Brazilian President Jair Bolsonaro staged protests across several cities on Sunday, days ahead of the conclusion of his trial for allegedly plotting a coup after losing the 2022 presidential election.
Polish border guards reported the discovery of debris from an unidentified flying object in a village near the border with Belarus, police said late on Sunday, the latest in a series of similar incidents in the NATO-member state.
The World Health Organization (WHO) has asked Taliban authorities to lift restrictions on Afghan female aid workers, allowing them to travel without male guardians and help women struggling to access care after a powerful earthquake killed 2,200 people in eastern Afghanistan.
Venezuela will send 25,000 troops to coastal states to fight drug trafficking, President Nicolás Maduro’s government said, following a U.S. deployment of 10 fighter jets to Puerto Rico for operations against drug cartels.
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