News
Ukraine signs €11bn in reconstruction deals at Rome URC2025 conference
Ukraine signed close to 200 agreements and memorandums totalling €11bn during the Ukraine Recovery Conference 2025 (URC2025) held in Rome, according to Minister of Economy Yulia Svyrydenko.
EC proposes floating Russian oil cap rate at 15% below global price
The European Commission has proposed a floating price cap on Russian crude oil set at 15% below the average global market price over the previous three months, European Union diplomats said on July 11.
Japan, France call for downgrading ties with the US as tariff hikes loom
Japanese Prime Minister Shigeru Ishiba said at the end of last week his country needs to “wean itself from US dependence” in such key areas as security, food and energy.
Saudi Arabia signs $8.3bn renewable energy deals with ACWA Power consortium
Saudi Arabia signed power purchase agreements worth $8.3bn for seven renewable energy projects with a total capacity of 15 GW on July 13.
Slovakia seeks EU guarantees on Russian gas phase-out ahead of sanctions deal
Slovakia is pushing for firm guarantees from the European Commission and key EU member states over the future of its energy security, as it links this condition to its support for a fresh round of sanctions on Russian gas imports.
Trump pledges first financial aid to Ukraine since he took over
President Donald Trump may sign off on the first new package of military funding for Ukraine of up to $3.8bn since taking office at the start of this year.
Gulf states prepare unified tourist visa to boost regional tourism
Gulf Cooperation Council countries are working to launch a unified tourist visa allowing holders to travel to Saudi Arabia, UAE, Bahrain, Qatar, Oman and Kuwait with a single visa
Kosovo's opposition accuses Vetevendosje of power grab as political crisis deepens
With Albin Kurti's Vetevendosje falling short of a majority in the February general election, MPs have been unable to form a new ruling coalition.
Lavrov visits North Korea to reaffirm security pact
Russian Foreign Minister Sergey Lavrov has warned the United States, South Korea and Japan against forming a trilateral security alliance that explicitly targets North Korea, cautioning that such a move would inflame regional tensions.
Trump hits EU, Mexico with whopping 30% tariffs
US President Donald Trump escalated his trade war with Mexico and Europe by slapping whopping 30% tariffs on both, after neither of them managed to cut a new trade deal before the July 9 deadline.
Žito Grupa raises €130mn in Croatia's largest private sector IPO
Agriculture and food group to use funds raised to support investments aimed at strengthening its market position and enabling sustainable growth.
Israel's Netanyahu says Hamas rejected ceasefire proposal, insists on staying in Gaza
Israeli Prime Minister Benjamin Netanyahu said that Israel accepted proposals from the US for a Gaza ceasefire, but blamed Hamas for refusing to reach an agreement.
A stray drone and the shadow of war: How fear and mistrust are pushing Nato and Belarus to the brink
In today’s Europe, even a foam-and-plywood drone can trigger fighter jets, send heads of state scurrying for shelter and deepen fears of war.
Court shutters Kyrgyz broadcaster for sarcasm, press takes a hit in Central Asia
Kyrgyz president maintains country has a free press.