According to Polish Prime Minister Mateusz Morawiecki, the European Union will help Poland in its transfer of defensive weapons to Ukraine. According to him, the EU will provide Warsaw with "hundreds of millions of euros." He didn't say how much it cost. Following a meeting with European Commission President Ursula von der Leyen, Mr. Morawiecki held a joint press conference on the subject....

According to the Financial Times, the amount of unpaid utility bills in the United States has increased dramatically during the COVID-19 pandemic, reaching $23 billion as of February, according to figures from the National Association of Energy Assistance Program Administrators (NEADA). According to the group, which assists low-income families in the United States with utility bills,...

Israel and the United Arab Emirates have inked a free trade deal, according to a statement from the Israeli Foreign Ministry. "A historic agreement on a free trade zone was reached this morning in Dubai between Israel and the United Arab Emirates," the ministry said in a statement. Israeli Economy and Industry Minister Orna Barbivai and UAE Economy Minister Abdulla bin Touq Al Marri both signed...

APS: Sonatrach and SOOGL agree to split $490 million in oil production. The official Algerian news agency APS announced on Twitter on Saturday that Algeria's Sonatrach oil and gas group and Chinese oil and gas business Sinopec Oil & Gas Limited (SOOGL) had inked a $490 million oil production sharing agreement in Algeria's southeast section. The 25-year agreement calls for a "project...

The UK plans to introduce a 25 per cent levy on excess profits from oil and gas companies as part of measures to tackle the cost-of-living crisis. This was announced by the country's finance ministry. "A new 25 per cent levy will be levied on the excess profits earned by oil and gas companies to help families with the cost of living," the authority said in a press release. Inflation in the UK...

According to a CBS News and YouGov poll, 54 percent of Americans want tighter gun legislation. Thirty percent believe that present laws shouldn’t be changed. 16 percent of respondents want present limits to be loosened. The survey took place from the 18th to the 20th of May. The study included 2,041 adult citizens from the United States. The survey's margin of error is less than 2.5 percentage...

Leaders from the United States, Japan, India, and other countries attended introduction of the new Indo-Pacific Economic Framework (IPEF) in Tokyo. Foreign commerce, including digital resources, infrastructure for renewable energy and decarbonization, guaranteeing stable supply chains, and tax and anti-corruption measures are all part of the new structure. The United States, India, Japan,...

WHO will convene an emergency meeting of experts to discuss the outbreak of monkeypox. Cases of the infection have been recorded in at least 10 countries around the world. The World Health Organization (WHO) will convene an emergency expert group meeting to discuss an outbreak of monkeypox. This is reported by The Telegraph newspaper. According to the newspaper, the main topics of the meeting...

China is in talks with Russia to buy more oil to replenish its strategic reserves, Bloomberg sources said. Negotiations are conducted at the level of the governments, while oil companies are hardly participating in them. Beijing is in talks with Moscow to buy more oil in Russia, informed sources told Bloomberg. They specified that additional oil is needed to replenish China's strategic oil...