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Khamenei vows not to yield as Iran protests simmer and Trump issues threats

Iran’s Supreme Leader Ayatollah Ali Khamenei says the Islamic Republic “will not yield to the enemy” as anti government protests over economic hardship continue and U.S. President Donald Trump warns he is ready to intervene if demonstrators are killed.​In a televised address, Khamenei said authorities would listen to citizens with legitimate complaints but insisted that “rioters should be put in their place,” drawing a sharp line between protesters and those he accused of seeking chaos.​ Rights groups say more than 10 people have been killed and scores arrested since demonstrations flared across several provinces on Sunday, fuelled by the collapsing rial, high inflation and years of sanctions.​Reports of violence have focused on smaller western cities, where both protesters and members of the security forces have been killed or injured in clashes.​ Khamenei acknowledged that market traders and ordinary Iranians are […]

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Trump says Maduro captured and flown out of Venezuela

President Donald Trump says U.S. forces have captured Venezuelan leader Nicolás Maduro and flown him out of the country after what he called a “large scale strike” on Venezuela.​In a post on his Truth Social platform, Trump said the United States carried out a major operation against Venezuela and its president “in coordination with U.S. law enforcement,” promising to give more details at a news conference.​ The announcement followed reports of multiple explosions and sightings of low flying military aircraft over Caracas in the early hours of Saturday, with residents sharing videos of blasts, flames and plumes of smoke in several parts of the capital.​Venezuelan authorities said the strikes hit targets in Caracas and the coastal states of Miranda, Aragua and La Guaira, denouncing the action as an external attack and ordering a general mobilisation of political and social forces […]

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Maduro offers talks as US signals openness to serious dialogue

Venezuelan President Nicolas Maduro has offered an “olive branch” to U.S. President Donald Trump, proposing serious talks on issues including drug trafficking, migration and sanctions after months of post election tension and fresh U.S. pressure on Caracas.​Speaking at a military event, Maduro said he was ready for direct dialogue “with respect and equality” and suggested both countries could work together on security and economic matters if Washington eased what he called “criminal” sanctions on Venezuela’s oil sector.​ U.S. officials, while sceptical of Maduro’s intentions, have indicated Washington could engage in serious talks if there is clear progress on political prisoners, human rights and credible electoral guarantees following disputed elections that extended Maduro’s rule.​They have also hinted that U.S. sanctions could be adjusted depending on whether Caracas moves toward more inclusive politics and honours past agreements reached with the opposition in […]

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Russian billionaires prosper under Kremlin control

Amid the ongoing conflict with Ukraine, Russia has seen the number of billionaires reach record levels. Yet over Vladimir Putin’s 25-year rule, the country’s oligarchs have largely lost their political influence. This concentration of power benefits Putin. Western sanctions have not swayed the ultra-rich into opposition, while his combination of incentives and pressure ensures their quiet support. Oleg Tinkov, a former banking billionaire, experienced this pressure firsthand. After publicly criticizing the war as “crazy,” the Kremlin warned that his Tinkoff Bank would be nationalized unless he severed all connections to the institution. The bank was sold within a week for just 3% of its estimated value, leaving Tinkov with losses approaching $9 billion and prompting his departure from Russia. The situation contrasts sharply with the post-Soviet era, when Russian oligarchs gained enormous wealth and political influence by acquiring state enterprises […]

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EU leaders in crunch talks on €210bn frozen Russian assets for Ukraine

EU leaders are meeting in Brussels for high stakes talks on whether to channel around €210bn in frozen Russian assets to support Ukraine’s war effort against Russia. Most of the money is held at Belgian based clearing house Euroclear, where interest and other proceeds from the immobilised funds have been accruing since sanctions were imposed in 2022.​ The funds are seen as vital to Ukraine’s ability to keep fighting, with officials warning that Kyiv could face bankruptcy in early 2026 without fresh external support. A financial collapse would leave the government unable to pay soldiers, police, civil servants or purchase weapons and ammunition.​ Leaders are debating proposals to use the frozen Russian assets as collateral to raise long term loans for Ukraine on capital markets, leaving the principal untouched for now. Under the plan, Ukraine might not have to repay […]

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Trump says it would be ‘smart’ for Venezuela’s Maduro to step down

United States President Donald Trump has said it would be “smart” for Venezuela’s President Nicolas Maduro to step down amid rising tensions between Washington and Caracas. Speaking to reporters at his Mar a Lago resort in Florida, Trump said the decision ultimately rests with Maduro but warned that defiance would carry serious consequences.​ Asked whether US actions were aimed at forcing Maduro from power, Trump replied that it would probably be wise for the Venezuelan leader to leave office. He added that if Maduro “plays tough, it’ll be the last time he’s ever able to play tough,” in one of his starkest warnings yet.​ The comments come as US naval forces step up operations around Venezuela, including a tightened maritime blockade targeting the country’s oil shipments. Washington has also carried out more than two dozen strikes on vessels it accuses […]

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ECOWAS Leaders Reaffirm Vow To Defend Democracy Amid Coups

Heads of state and government of the Economic Community of West African States have pledged to stand firm against unconstitutional changes of government and protect democracy across the sub region. Meeting against the backdrop of recent coup attempts, they stressed that military takeovers remain unacceptable under ECOWAS protocols.​ Leaders used the occasion to restate their “zero tolerance” stance on coups, warning that sanctions, diplomatic pressure and, where necessary, regional security measures will be considered to deter would be putschists. They also highlighted the recent failed coup in Benin Republic as proof of their determination to prevent a further rollback of democratic rule.​ Beyond security, ECOWAS leaders emphasised plans to deepen economic integration, including freer movement of people and goods, stronger trade ties and shared infrastructure projects. They argued that a more stable, integrated regional economy will support democracy by creating […]

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US seizes sanctioned oil tanker off Venezuela, sparking piracy row

The United States has seized a sanctioned oil tanker off the coast of Venezuela in a move that sharply escalates tensions with President Nicolás Maduro’s government and jolts global oil markets. President Donald Trump confirmed the operation on December 10, describing the vessel as a “very large” tanker and hinting that “other things” were also happening in the area.​ US officials say the supertanker was carrying sanctioned crude linked to Venezuela and Iran as part of an illicit shipping network that allegedly supports foreign terrorist organisations. Attorney General Pam Bondi said on X that a US seizure warrant was executed by the FBI, Homeland Security, the Coast Guard and supporting military units.​ Video released by US authorities shows helicopters approaching the vessel and armed personnel in camouflage fast roping onto its deck to take control. The ship, previously sanctioned by […]

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EU seals deal to end Russian gas imports by autumn 2027

The European Union has reached a political deal to ban all imports of Russian natural gas by autumn 2027 as part of efforts to cut off a major source of funding for Moscow’s war in Ukraine.​ The agreement, struck between EU member states and the European Parliament, sets a binding timeline to phase out both pipeline gas and liquefied natural gas (LNG) from Russia after years of dependence on its supplies.​ Under the deal, long-term LNG contracts with Russian suppliers will be banned from January 1, 2027, while new long-term pipeline gas contracts will be prohibited from September 30, 2027, at the latest by November 1, 2027, depending on storage levels.​ Short-term contracts will be phased out earlier, with LNG contracts ending from April 25, 2026, and short-term pipeline gas deals stopping from June 17, 2026.​ EU Energy Commissioner Dan […]

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ECOWAS suspends Guinea-Bissau after military coup

ECOWAS has suspended Guinea-Bissau from all its decision-making bodies following the recent military coup in the country. The regional bloc said the takeover violated its protocols on democracy and good governance and could destabilise West Africa if left unchecked.​ In a statement issued after an emergency summit, ECOWAS leaders condemned the coup and demanded the immediate restoration of constitutional order. They called on the coup leaders to release all detained officials, respect human rights and set a clear timetable for a return to democratic rule.​ The organisation warned that additional political and economic sanctions could follow if its demands are ignored. Member states were urged to remain vigilant and coordinate efforts to prevent the crisis in Guinea-Bissau from spilling over into neighbouring countries.​ ECOWAS also appealed to the African Union, United Nations and other international partners to support its efforts. […]

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