US says it struck three Iranian oil tankers after warships were targeted in the Gulf of Oman
US Central Command says it struck three Iranian oil tankers after Iran's Islamic Revolutionary Guard Corps launched ballistic missiles at two US Navy ships in regional waters. The command said one tanker near Kharg Island was permanently disabled, while another vessel near Jask in the Gulf of Oman was also disabled and a third tanker in the Gulf of Oman was completely destroyed. It said no American personnel were harmed in the exchange.Centcom said the attacks on the tankers followed what it described as multiple Iranian missile launches aimed at a US aircraft carrier and a guided-missile destroyer. Admiral Brad... [Continue Reading]
360LiveNews | 05 Sep 2026 17:59 LONDON
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Burnham and Macron hold London talks as France plans beach surge team
The UK and France have held high-level talks in London on migration, Ukraine and trade, with both sides presenting the meeting as part of a broader effort to strengthen ties. British Prime Minister Andy Burnham met French President Emmanuel Macron at Downing Street, in what was described as Burnham's first official meeting with a European leader since taking office. The discussions also covered small-boat crossings in the English Channel and wider Europe-UK cooperation.A key immediate outcome was the announcement that France will deploy a 45-officer surge team to western beaches in the coming weeks. According to the UK government, the... [Continue Reading]
360LiveNews | 03 Sep 2026 23:02 LONDON
EU foreign ministers remain deadlocked over Israel sanctions and Ukraine support
Ireland's foreign minister said EU ministers had reached an impasse after two days of informal talks in Wicklow, where they failed to agree on trade sanctions over Israel or on military support for Ukraine. The meeting brought together foreign ministers from across the bloc for the Gymnich format, but divisions over both issues prevented a common position. Ireland and Spain pressed for EU-wide curbs on goods produced in illegal Israeli settlements in the occupied West Bank, while several other member states resisted the proposal.Helen McEntee said the bloc had not been able to move forward, while EU foreign policy chief... [Continue Reading]
360LiveNews | 03 Sep 2026 11:29 LONDON
Russia raises utility tariffs again, adding to inflation pressure
Russia will raise utility tariffs by an average 15% from 1 October, in a move that is expected to add to inflation pressure in an economy already strained by war costs and sanctions. The increase is the second this year and will affect households across the country, with regional rises ranging from 8% to 22%. Moscow tariffs will rise by 15%, while St Petersburg will see an increase of 14.6%.The Bank of Russia has said the tariff rise will contribute noticeably to faster annual inflation. Its baseline forecast puts inflation at 6% to 7% in 2026, well above the central... [Continue Reading]
360LiveNews | 02 Sep 2026 10:33 LONDON
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US presses G20 to curb trade imbalances and Chinese import pressure
US Treasury Secretary Scott Bessent has urged fellow G20 finance chiefs to take stronger steps to protect their economies from Chinese imports. His remarks came during a two-day meeting in Asheville, North Carolina, where officials were also discussing wider concerns about debt and inflation. The comments placed trade imbalances and industrial policy at the centre of the gathering.Bessent said he had warned trading partners last year that higher US tariffs could push more Chinese goods into other markets. He told the meeting that some economies now needed to take a harder look at how to protect jobs and domestic industries.... [Continue Reading]
360LiveNews | 02 Sep 2026 00:02 LONDON
France begins fast-fashion penalties targeting Shein and Temu
France has begun imposing penalties on the most extreme end of fast fashion in a move aimed at curbing sales of cheap clothing sold through e-commerce platforms including Shein and Temu. The new charges are being applied under a law passed in June that is designed to address environmental concerns linked to overproduction and textile waste. The policy marks the first application of the regime and places France at the centre of a wider debate over the environmental cost of ultra-low-price online retail.The penalties range from €0.25 for items such as boxer shorts or socks to €12 for a coat,... [Continue Reading]
360LiveNews | 01 Sep 2026 08:06 LONDON
