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]
360LiveNews Recap | 19 Sep 2026 08:36 LONDON
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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]
360LiveNews | 19 Sep 2026 08:29 LONDON
Iran war pressure clouds Gulf states' US spending commitments
A new analysis says the war involving the United States and Iran is putting pressure on Saudi Arabia, Qatar and the United Arab Emirates, and could make it harder for them to deliver nearly $4 trillion in economic commitments to the United States. The report, released by the Peterson Institute for International Economics, says the conflict is forcing the three Gulf states to weigh domestic priorities more heavily. It argues that the strain is already affecting fiscal positions and growth prospects.The 15-page report says the war has increased the need for spending on defence, energy infrastructure and trade. It also... [Continue Reading]
360LiveNews | 14 Sep 2026 16:04 LONDON
