Timor-Leste says stalled Greater Sunrise gas project is finally moving ahead
Timor-Leste President Jose Ramos-Horta says the long-delayed Greater Sunrise gas project is now moving forward, with the first agreements expected to be signed early next year. He described the venture as "finally happening" after years of deadlock and procrastination. The project has been one of the country's most closely watched economic plans for years because of its potential to reshape the energy sector.Ramos-Horta said Prime Minister Xanana Gusmao had told him he was confident the parties would sign the agreement within the next few months and finalise three main documents. Those documents are intended to set the regulatory and fiscal... [Continue Reading]
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Wave of vessel attacks in the Strait of Hormuz intensifies as UKMTO confirms 12 strikes in a week
The number of confirmed attacks on vessels in and around the Strait of Hormuz has risen further, with the United Kingdom Maritime Trade Operations centre saying at least 12 ships were struck in the week ending 16 October. The incidents include confirmed mine attacks and a reported rocket-propelled grenade strike on a tanker northeast of Jubail, adding to concern over one of the world's most sensitive shipping corridors. The pattern has continued through October, with maritime authorities saying the true scale may be higher because some vessels have not reported incidents.UKMTO said it was struggling to verify the full number... [Continue Reading]
Norway wealth fund urged to ease nuclear arms ban after Gaza investment row
A government-appointed committee in Norway has recommended loosening the ethical limits that govern the country's sovereign wealth fund, including allowing investment in companies involved in producing nuclear weapons. The proposal was set out in a report submitted to the Ministry of Finance on Thursday and comes amid a wider review of how the fund handles ethical risk. The committee also said decisions about another state's conduct should be left to ordinary diplomatic channels rather than the fund itself.The review was led by former central bank governor Svein Gjedrem and was described as unanimous. It said the world's largest sovereign wealth... [Continue Reading]
Maduro and Flores plead not guilty as US torture case is expanded
Nicolas Maduro and his wife, Cilia Flores, have pleaded not guilty in Manhattan to a new US indictment accusing them of conspiring to torture political opponents. The hearing came after prosecutors expanded an existing federal case that had already included drug-trafficking and weapons allegations. The judge also pushed the trial start back by two weeks, to 14 June 2027, because of the added charges.According to the supplied material, the pair were brought to New York after a January US military raid ordered by President Donald Trump. They appeared in prison uniforms and were shackled at the ankles when they entered... [Continue Reading]
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Balkan politics shape ties with Israel as domestic divisions drive divergent positions
Balkan countries are taking markedly different positions on Israel, with domestic politics, defence deals and strategic interests shaping their responses rather than any shared regional line. The divergence has become more visible during Israel's war on Gaza, as concern over Israeli conduct has grown across much of Europe. In the Balkans, however, experts say the region's fragmented politics make a common stance unlikely.Marko Prelec, an analyst at the International Crisis Group, said the region has "almost no common positions at all", adding that it is therefore not surprising that views on Israel and Gaza are "all over the map". Florian... [Continue Reading]
Trump says massive oil, gas and mineral exploration is preparing to begin in Greenland amid security deal
US President Donald Trump said on Wednesday that "massive" oil, gas and mineral exploration is getting ready to begin in Greenland. In a post on his Truth Social platform, he described the Arctic island as a place with some of the world's largest reserves of "easily" extractable oil. He did not say who would carry out the work or give a timetable for any project.Trump linked the announcement to last month's security deal with Denmark and Greenland, saying the arrangement had strengthened the position of both the United States and Europe. The agreement expands the US military role on the... [Continue Reading]
NATO outlines new defence plan amid Russia threat and US troop drawdown
NATO's top military commander has outlined a new defence plan that puts low-cost drones, artificial intelligence and rapid strikes at the centre of the alliance's deterrence posture. The remarks were delivered as NATO continues to adapt to a planned withdrawal of thousands of United States troops from Europe. The message also comes amid renewed concern among alliance members about the threat from Russia.The plan was presented as a common vision for how NATO would deter an attack on member states, with the alliance saying it does not want war but is prepared to fight if necessary. The emphasis on drones... [Continue Reading]
Yemen cholera cases triple in three weeks as renewed fighting displaces more than 200,000
Yemen is facing a sharp rise in suspected cholera cases as renewed fighting drives large-scale displacement and worsens conditions in crowded camps. The World Health Organization said suspected cases have tripled over the past three weeks, with the outbreak concentrated in areas hosting people who have fled the latest violence. The warning comes as the country continues to grapple with overlapping conflict and public-health pressures.According to the WHO, Yemen has recorded 8,034 suspected cholera cases and 27 deaths this year. The agency said the number of suspected cases rose from 217 in the week of 6-12 September to 647 in... [Continue Reading]
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Diesel prices surge as Iran war and Ukraine refinery strikes squeeze global supply
Global diesel markets are under renewed pressure as supply disruptions linked to the war involving Iran and Ukrainian strikes on Russian energy facilities continue to reduce exports. The latest reporting says the fall in diesel shipments has helped push prices higher in the United States, the United Kingdom and other markets. The issue has become a wider economic concern because diesel is central to road freight, shipping and other parts of the supply chain.The supplied material says United States President Donald Trump has blamed Ukraine's attacks on Russian oil refineries for part of the global reduction in diesel exports, while... [Continue Reading]