Author: Steven Sahiounie

Electricity prices will be permanently high, Grid chief Klaus Muller has warned

Yandex will no longer be available in Latvia, according to the country’s regulatory authorities

The crypto exchange is warning it will shut down deposits held by the country’s citizens after December 29

Manufacturing is doomed due to the first-ever artificial destruction of natural gas trade, CEO Aleksey Miller says

Ukrainian Prime Minister Denis Shmygal has sent a letter to an international group coordinating funds, to request an emergency meeting with Western donors, as Kiev confronts “exceptionally high uncertainty” over its budget, Bloomberg reported on Thursday.

Antonio Guterres urges all parties to exercise ‘maximum restraint’ and take urgent steps to de-escalate tensions in region, his spokesman says UN Secretary-General Antonio Guterres is “gravely concerned” about the spillover of the Gaza conflict, and urges all parties to exercise “maximum restraint” for regional peace, his spokesman said on Friday. “As the hostilities between Israel and Hamas and other groups in Gaza intensify, the Secretary-General remains gravely concerned about the further spillover of this conflict, which could have devastating consequences for the entire region,” Stephane Dujarric said in a statement. The longer the conflict in Gaza continues, the greater…

The US has faced reluctance from some allies over the coalition, which is aimed at protecting commercial shipping in the Red Sea amid threats from the Yemen-based Houthis. It has said 20 countries have joined the coalition, but has only named 12. Denmark is home to Maersk, one of the world’s largest commercial shipping companies. Source: AlJazeera

Colombia is among several Latin American countries to recall their ambassadors to Israel in opposition to the war on Gaza. Left-wing Colombian leader Gustavo Petro in November called Israel’s actions in Gaza “genocide” and said its military operations sought to “remove the Palestinian people from Gaza and take it over”. However, in a post on X today, Israeli Foreign Minister Eli Cohen said he had spoken with his Colombian counterpart Alvaro Leyva, who had accepted an invitation to visit Israel. Cohen said that “during his visit we will hold an open dialogue and discuss the return of relations between the…

Denmark is planning to send a frigate to participate in the US-led coalition aimed at protecting commercial shipping in the Red Sea, according to the Danish defence minister. “We are concerned about the serious situation unfolding in the Red Sea, where unprovoked attacks against civilian shipping continue,” Defence Minister Troels Lund Poulsen said in a statement. The frigate will be sent in January, per approval by the Danish parliament, he said. The Yemen-based Houthi group has promised to attack vessels going to and from Israel along the arterial shipping route. Source: AlJazeera

In a significant move, South Africa formally launched legal proceedings today against Israel by submitting an application to the International Court of Justice (ICJ) in response to the ongoing, relentless Israeli genocide campaign against the Gaza Strip. The application urges the ICJ to indicate provisional measures against Israel for violating its obligations under the Convention on the Prevention and Punishment of the Crime of Genocide concerning Palestinians in the Gaza Strip. The ICJ, in a press release, revealed that the application states that “the acts and omissions by Israel are genocidal in character, as they are committed with the requisite…