Breakfast News Recap: US sanctions Russia as Middle East and Europe tensions widen
President Donald Trump has signed a sweeping sanctions package targeting Russian officials, banks and a shadow tanker fleet used to move energy exports, stepping up pressure on Moscow’s oil revenues as the war in Ukraine grinds on. 🔗On the battlefield, a Russian glide bomb hit an apartment block in Sumy, killing two people and injuring seven, while Russian drone activity near Ukraine’s western border has raised fresh concern for officials travelling to and from Kyiv, with incidents reported close to Poland and Moldova. 🔗 🔗In Pakistan, the death toll from the attack on a police headquarters complex in Kohat, in... [Continue Reading]
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Bolivia ratifies $1.9bn IMF deal and ends diesel subsidies amid protest threats
Just hours after Bolivia's Congress ratified a $1.9 billion loan agreement with the International Monetary Fund, President Rodrigo Paz announced an immediate end to diesel subsidies. The move affects fuel used by trucks, buses and tractors, and is part of the government's effort to stabilise an economy under strain. Gasoline subsidies for private cars will remain in place for now, although Paz has already reduced that support in recent months.The Senate's approval on Friday completed the final legislative step for the three-year financing programme, after the lower house backed it a day earlier. The IMF first announced a staff-level agreement... [Continue Reading]
US removes Venezuela from drug transit and production list amid wider regional shift
The United States has removed Venezuela from its list of major drug transit or production countries, according to a statement submitted to Congress by President Donald Trump. The decision comes as Washington says it is seeing improved cooperation with Venezuela's interim government against cartels. Trump also said the administration is considering removing Colombia and Bolivia from the same list.In the statement, Trump said Venezuela had made progress against narcotics since the removal of Nicolas Maduro, whom he described as a former illegitimate dictator and drug trafficker. He said the results were linked to what he called growing cooperation with the... [Continue Reading]

