News
Italy detains 384 people and seizes 14 tonnes of drugs in large-scale operation
The Italian police have conducted a nationwide special operation against drug trafficking. In a few days, law enforcement officers arrested hundreds of suspects and confiscated record amounts of illegal substances
Turkey's Aselsan signs defence contract with Poland for $410 million
Aselsan, one of Turkey's largest defence companies, has signed an agreement to supply electronic warfare systems to a NATO member state. The $410 million contract is one of the company's largest export projects
Orban says Ukraine's fall will be a disaster for Hungary
Hungarian Prime Minister Viktor Orban acknowledged that Ukraine's defeat directly threatens Budapest's interests and could have serious consequences for regional stability
Rheinmetall opens new plant in Szeged and expands presence in Hungary
German defence and industrial group Rheinmetall is investing tens of millions of euros in a new hybrid plant in Hungary. The facility will combine civil and military production and create more than 300 jobs
NATO is not ready for a protracted war due to lack of resilience and resources
The Alliance lacks the production capacity and supplies for a prolonged conflict. Military leaders call on member states to urgently increase defence capabilities
Trump does not rule out war with Venezuela amid oil blockade and new sanctions
The US President says he is keeping open the possibility of a military scenario with regard to Venezuela. Washington increases pressure with tanker blockade and sanctions against Maduro's family and associates
The US intercepts another tanker with Venezuelan oil, increasing pressure on Caracas
For the second time in December, Washington stopped a ship carrying oil from Venezuela in international waters. The actions come amid a blockade of oil exports announced by the Donald Trump administration and a sharp deterioration in relations with the Nicolas Maduro regime
Ukraine has attracted over $125 million from the World Bank for education and healthcare
The state budget of Ukraine has received more than $125 million in concessional financing from the World Bank under the LEARN and THRIVE projects. The funds will be used to support education, healthcare and reforms in these areas
EIB to provide over €74 million to Ukraine for energy independence of communities and transport
The European Investment Bank is transferring more than €74 million to Ukraine for energy, public transport and infrastructure rehabilitation in eight regions. Part of the funds will go to solar power plants for hospitals and schools
US-Ukraine Reconstruction Fund plans first investment in 2016
The US-Ukraine Reconstruction Investment Fund has completed the preparatory phase and expects to launch its first projects in 2026. The fund's seed capital is $150 million
Zelenskyy on negotiations, war, money and security
The President spoke about Ukraine's position on the territories, the Zaporizhzhya nuclear power plant, pressure on Russia, financing of the army and budget, as well as relations with Poland, the EU and partners. Key statements following the interview with journalists
US tightens sanctions against Iran's shadow oil fleet
The US Treasury Department has imposed new sanctions against 29 vessels and companies that helped Iran export oil bypassing restrictions. According to Washington's estimates, this is hundreds of millions of dollars in revenue for the Iranian regime