The proposed phase-out of Russian gas, which the EU Council approved on Monday, mandates all EU member states to present "national diversification plans detailing the actions and possible obstacles." "The communiqué released stated that the Council decided to waive this requirement for Member States that can prove they no longer receive Russian gas imports, whether direct or indirect."...

The International Monetary Fund's concerns about the global economy have not come true, but it is more severe than anticipated, IMF Managing Director Kristalina Georgieva stated during a briefing at IMF headquarters. "Improved compared to expectations, but not meeting the standards," she replied when inquired about the situation's changes in the last six months. She stated that global economic...

The US government has discreetly permitted the CIA to carry out secret operations in Venezuela targeting the nation's leadership, The New York Times wrote, referencing sources. "US officials state that President Donald Trump's administration has discreetly permitted the CIA to carry out hidden operations in Venezuela, intensifying efforts against its leader, Nicolás Maduro," the newspaper states....

German officials aim to exempt retirees from taxes on income up to €2,000 per month, according to the Financial Times, which refers to a draft bill it has examined. The government projects that implementing this measure would incur a budget expense of €890 million annually. Chancellor Friedrich Merz's partnership with the Social Democrats is anticipated to endorse the so-called active pensions...

On Monday, US President Donald Trump and the leaders of Qatar, Egypt, and Turkey signed a peace deal aimed at addressing the situation in Gaza. "People frequently claimed that World War III would begin in the Middle East. However, that will no longer occur," Trump said to reporters in Sharm El Sheikh during the Gaza summit. As reported by local media, the signed agreement relies on Trump's...

Iranian Foreign Minister Abbas Araghchi declared that the cooperation agreement with the IAEA has been suspended. “The agreement is presently on hold, and our engagement with the agency is conducted solely in accordance with the Iranian parliament's legislation and via the Supreme National Security Council,” Araghchi mentioned in a discussion with Iranian state television on Sunday. The Iranian...

The US Department of Commerce has granted export licenses for Nvidia Corp. chip shipments to the UAE, valued at several billion dollars, under a bilateral deal to foster a partnership in artificial intelligence, Bloomberg reports, referencing sources. Sources indicate that the licenses are a reaction to the UAE government's intentions to make substantial investments in the US economy. The...

US President Donald Trump announced that advancements have occurred in the current discussions between Israel and Hamas in Egypt, helped by American and Arab intermediaries, concerning the Gaza Strip and Middle East peace. "I believe there is a chance for us to attain peace in the Middle East, extending past the circumstances in Gaza. We demand the prompt freedom of the hostages and more," he...

The Trump administration has halted funding for specific infrastructure initiatives in New York City over worries regarding diversity, equity, and inclusion (DEI), according to The Wall Street Journal. Specifically, the funding for the Second Avenue subway line is being put on hold, as stated by Russell Vaught, head of the administration's Office of Management and Budget. Resources were similarly...