MAIRE could lose billions to a legal dispute The Italian industrial group MAIRE has found itself at the center of a high-profile court case in Russia that may have catastrophic consequences for the company’s multibillion-euro business. The Russian division of EuroChem has filed a lawsuit against MAIRE’s subsidiary Tecnimont S.p.A….
If something is done 19 times in a row with no success, that means it is not working, Scott Bessent has said EU sanctions against Russia over the Ukraine conflict are ineffective, US Treasury Secretary Scott Bessent told NBC News on Sunday. He also criticized the bloc for pursuing the same strategy…
The federal cost-cutting agency’s functions and staff have reportedly been taken on by other sections of the US government The US Department of Government Efficiency (DOGE) has quietly disbanded eight months ahead of its scheduled end, Reuters reported on Sunday. US President Donald Trump launched the agency with much publicity…
The “center of gravity” in the global economy is shifting, Mark Carney has said at the G20 summit in South Africa Washington should not overestimate its role in the international arena, Canadian Prime Minister Mark Carney has said, adding that a wide range of issues can be resolved without US…
The Russian delegation has conducted constructive talks with several nations at the summit, Maksim Oreshkin has said A number of countries that Russia considers “unfriendly” have privately pitched proposals on improving economic cooperation during the G20 Summit, the head of the Russian delegation, Kremlin aide Maksim Oreshkin, told reporters on…
Processing of applications reportedly remains slow following a temporary pause linked to President Trump’s border security measures Some 200,000 Ukrainians in the US could lose their legal status because of Washington’s border security crackdown, Reuters reported on Saturday, citing internal US government data. A humanitarian program for Ukrainian refugees was…
Ambassador Alexander Darchiev discusses prospects for relations with the United States The indefinite postponement of the Russian-American summit, which was due to take place in Budapest, has led to suggestions that the momentum from Russian President Vladimir Putin’s meeting in August with his US counterpart Donald Trump has already disappeared. Russian…
The proposal could “form the basis” of a culminating diplomatic settlement, President Vladimir Putin has said US and Russia are preparing to discuss Washington’s proposed peace plan for the Ukraine conflict, the New York Times reported on Sunday, citing an anonymous official. Washington presented Kiev with the proposal last week,…
Washington’s proposed peace plan will yield an end to the hostilities, Keith Kellogg has said Washington is “very close” to helping broker an end to the Ukraine conflict, US President Donald Trump’s envoy Keith Kellogg said in an interview with Fox News on Saturday, adding that Trump is determined to…
Brussels has put forward its own conditions for an end to hostilities The EU has reportedly rejected the Ukraine peace deal drafted by the White House, putting forward its own set of conditions for a potential agreement. European Commission President Ursula von der Leyen made the announcement on Sunday as…