World news

Iran sharply reduces oil prices, competes with Russia to sell to China

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Iran has sharply reduced its already cheap crude oil prices to sell to China in the context of Russia becoming the leading supplier to Beijing.

Forecast of when Russian gas delivered to the EU will drop to a record level

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The International Energy Agency (IEA) forecasts that Russian gas deliveries to the European Union (EU) will fall by more than half in 2025.

Japan affirms it will not give up its interests in oil and gas projects with Russia

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Japan has asked Russia to " Speak more clearly" about the recent decree regarding the Sakhalin-2 oil and gas project, Foreign Minister Yoshimasa Hayashi said at a press conference on July 5.

Germany predicts unwanted prospects in the EU when cutting off Russian gas

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The EU may disagree on gas distribution, amid a growing shortage, the leader of Germany's Christian Democratic Union (CDU) warned earlier this week.

Finland, Sweden officially begin NATO membership process

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The process of ratifying Finland and Sweden to join NATO officially kicked off on July 5.

Donetsk and Lugansk ratify treaty with Russia

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The breakaway regions of Donetsk and Lugansk have ratified a friendship and mutual assistance treaty with Russia, officially opening the door to receive military and financial support.

Gold and oil prices "move forward" after the latest tensions between Russia and Ukraine

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Gold and oil prices immediately increased while Bitcoin plummeted after Russia's recognition of the independence of the two union countries in eastern Ukraine.

Russia imports US$5 billion in foreign currency amid Ukraine tensions

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Russian banks imported annual foreign currency worth US$5 billion in December, up from US$2.65 billion a year earlier.

The $5 billion USD super hydroelectric dam on the Nile River comes into operation

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Ethiopia has begun producing electricity from the GERD, a multibillion-dollar hydroelectric plant on the Nile River that neighbors Sudan and Egypt fear will cause water shortages downstream.

Russian-French President agrees on solutions for Ukraine

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Russia and France will hold a meeting in the coming hours with the aim of reaching a ceasefire in Ukraine.

Ukraine warns of possible re-ownership of nuclear weapons

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Ukrainian President Volodymyr Zelensky warned that he could abandon his commitment to become a non-nuclear state and reverse the decision to abandon nuclear weapons after the collapse of the Soviet Union.

"Shocked" by explosive gold purchases in China during Tet

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Gold purchasing power in China exploded during the Lunar New Year, showing a positive growth prospect, according to the World Gold Council.

Ukraine and Donbass accuse each other of arson

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Information about Ukraine and Donbass accusing each other of arson was released after Russia declared that the risk of conflict in eastern Ukraine was still high.

Russia declares gold reserves as a shield against all sanctions

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The Russian Finance Ministry said that thanks to its huge reserves of gold and foreign exchange, Russia could endure any sanctions.

Russia withdraws troops and weapons from Crimea

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Russia withdraws troops, tanks, infantry fighting vehicles and other weapons from Crimea after the exercise.

Predicting the dark day of Bitcoin

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The Bitcoin cryptocurrency is expected to "reach its " days" before the end of this year, according to the global strategy director of Euro Pacific Capital brokerage in the US.

Mr. Biden reacts to Russia's withdrawal of troops from the Ukrainian border

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US President Joe Biden believes that the Russian army will continue to "surprise Ukraine" even as Russia withdraws from Belarus.

US helicopter Welcomes Mysterious Passengers at Ukraine- Poland Border

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The US military's Blackhawk helicopter is said to have landed at the Ukraine-Poland border to pick up a mysterious passenger from the black SUV.

MH370: Breakthrough technology may find missing plane

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8 years after MH370 disappeared, a breakthrough technology could finally solve the world's biggest aviation mystery.

Russian ministries withdraw weapons from Belarus

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Russian weapons are piled up at the stations to return home after the joint exercises in Belarus end.