World
EU freezes Russian assets indefinitely to prevent veto by Hungary, Slovakia
The European Union on Friday moved to freeze Russian assets in Europe indefinitely, blocking any attempt by Hungary and Slovakia to prevent their use in support of Ukraine.
Invoking a special economic emergency mechanism, the EU decided that the assets will remain immobilized until Russia ends its war against Ukraine and pays compensation for the damage caused during nearly four years of conflict. The decision bypasses the usual six-month renewal of sanctions, which requires unanimous approval from all 27 EU member states.
EU Council President António Costa said European leaders had pledged in October to keep Russian assets frozen until Moscow halts its aggression and provides compensation, adding that the bloc has now fulfilled that promise. He said the next step would be finalizing plans at a Dec. 18 summit to use the funds to help meet Ukraine’s financial and military needs in 2026–27.
Around 210 billion euros ($247 billion) in Russian assets are frozen in Europe, most of them held at Belgium-based clearing house Euroclear. The move also prevents the funds from being used in any peace negotiations without EU consent.
Hungary and Slovakia, both led by governments more sympathetic to Moscow, oppose further aid to Ukraine. Hungarian Prime Minister Viktor Orbán criticized the decision, claiming it undermines the rule of law and accusing EU leaders of overstepping legal boundaries to prolong a war he said cannot be won. Slovak Prime Minister Robert Fico warned that using the assets could undermine U.S. peace efforts.
Russia’s Central Bank said it has filed a lawsuit in Moscow against Euroclear, calling the EU’s actions illegal and contrary to international law. EU officials dismissed the legal challenge, saying the decision is sound and that Russia is likely to pursue further court actions to obstruct EU policy.
The decision came amid rising tensions with Moscow, hours after Germany summoned the Russian ambassador over allegations of sabotage, cyberattacks and election interference.
2 days ago
Nationwide strike hits Italy over 2026 budget proposal
Hundreds of thousands of workers across Italy went on a 24-hour national strike on Friday, disrupting public transport, schools, healthcare, and other key services to protest the government’s draft budget for 2026.
The strike was organised by Italy’s largest trade union, the Italian General Confederation of Labour (CGIL), opposing the 18-billion-euro (21.1 billion U.S. dollars) budget package approved by Prime Minister Giorgia Meloni’s cabinet in mid-October. The draft budget still requires parliamentary approval and may be amended before the end of the year.
Public sector operations, including education, healthcare, local transport, and postal services, were partially halted, and several private companies were also affected. Organisers reported around 500,000 people joined demonstrations nationwide, according to the ANSA news agency.
Major rallies took place in Rome, Milan, Bologna, and Florence. In Florence, CGIL leader Maurizio Landini addressed an estimated crowd of 100,000, urging the government to adopt stronger fiscal measures to support working-class families, pensioners, and youth, and to improve access to affordable housing and public transport.
The draft budget is currently under review by the Senate’s finance committee and will later be debated and voted on by both chambers of parliament.
2 days ago
Witkoff to meet Zelenskky for fresh Ukraine war talks
US special envoy Steve Witkoff will travel to Germany this weekend to meet Ukrainian President Volodymyr Zelenskyy and European leaders for high-level discussions on ending the war in Ukraine.
Witkoff, leading the White House’s mediation efforts between Kyiv and Moscow, is set to discuss the latest draft of a proposed peace agreement in Berlin. The Trump administration aims to finalise a deal by Christmas and has held multiple rounds of talks with Ukrainian and Russian representatives, though a breakthrough has yet to emerge.
According to reports, UK Prime Minister Sir Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz are expected to join the discussions.
The talks come days after Ukraine submitted its revised 20-point peace plan to the US, building on proposals first circulated in late November. The plan remains contentious, particularly regarding eastern Ukraine, where Kyiv refuses to cede territory occupied by Russia, while Moscow insists on taking full control of the Donbas region unless Ukraine withdraws.
Zelenskyy has expressed scepticism over the White House proposal, which suggests Ukraine pull back its forces and convert the area into a “special economic zone.” He questioned the plan’s ability to prevent Russian incursions.
European allies have described the US-led talks as productive, noting improvements to an initial plan widely seen as favouring Russia. However, reports indicate growing frustration from Trump over the pace of negotiations with Zelenskyy and European partners.
As diplomatic efforts continue, Europe is also focused on supporting Ukraine financially and militarily in the event of a peace deal. The Ukrainian government faces a funding gap of €135.7 billion over the next two years, while the EU has agreed to freeze €210 billion worth of Russian assets, potentially to be loaned back to Kyiv.
The latest peace draft reportedly includes provisions for Ukraine to join the European Union by January 2027, accelerating its membership process, although it remains unclear whether Washington has endorsed this element.
With inputs from BBC
2 days ago
Messi’s India GOAT Tour hit by chaos in Kolkata
Football icon Lionel Messi’s much-hyped “GOAT Tour of India” began in Kolkata on Saturday but was marred by chaos and mismanagement at the Yuva Bharati Krirangan, forcing the event to be cut short amid fan unrest.
Messi virtually unveiled a 70-foot statue of himself earlier in the day, marking the start of his three-day India tour. The statue, installed by the Sree Bhumi Sporting Club at Lake Town, shows the Argentine great holding the FIFA World Cup trophy and is the first of its kind in India.
However, moments after Messi appeared at the Salt Lake Stadium, the situation spiralled out of control as angry fans protested over alleged mismanagement and lack of access. Visuals showed vandalism inside the stadium, while security personnel rushed to escort Messi out as tensions rose.
As a result, several scheduled activities were curtailed. West Bengal Chief Minister Mamata Banerjee, former Indian cricket captain Sourav Ganguly and Bollywood star Shah Rukh Khan, who were expected to attend the programme, could not take part after the event was abruptly ended.
Promoter Satadru Datta and security officials whisked Messi away from the venue as fans shouted slogans and expressed frustration, calling the situation an “absolute disgrace” and blaming poor planning.
Earlier in the day, Messi met Shah Rukh Khan and industrialist Sanjiv Goenka and expressed happiness over the statue, according to state minister Sujit Bose, who said Messi and his team had approved the installation.
Messi arrived in Kolkata on Saturday morning and is scheduled to leave for Hyderabad in the evening, where he is set to take part in a football clinic and a celebrity match. The India tour will continue in Mumbai on December 14 and conclude in New Delhi on December 15.
Despite the disorder in Kolkata, organisers said the remaining legs of the tour would go ahead as planned under tighter security arrangements.
With inputs from NDTV
2 days ago
King Charles III says cancer treatment being scaled back, urges early screening
King Charles III announced Friday that his cancer treatment will be reduced in the new year, highlighting the benefits of early detection and urging others to take advantage of screening programs that can catch the disease when it is most treatable.
In a recorded message aired on British television, the 77-year-old monarch emphasized that early diagnosis can save lives. “I know, too, what a difference it has made in my own case, enabling me to continue leading a full and active life even while undergoing treatment,” he said.
Buckingham Palace confirmed that the king’s treatment is now in a “precautionary phase,” and his health will continue to be closely monitored to ensure recovery.
Charles has consistently used his experience to raise cancer awareness since announcing his diagnosis in February 2024, prompting a surge in public interest in cancer information and screening, according to British charities.
The king has not disclosed the type of cancer or specific treatment he is receiving, a deliberate choice intended to make his message relevant to all cancer patients. The palace explained that experts advised him to focus on supporting the broader cancer community rather than detailing his own condition.
His cancer was discovered after treatment for an enlarged prostate, with tests revealing a separate issue of concern. Following his diagnosis, Charles paused public appearances for about two months to focus on treatment, but continued to carry out his constitutional duties.
He returned to public engagements in April 2024, visiting a cancer-treatment center at University College Hospital in London, where he met staff and patients, offering support and sharing his experiences.
Charles, breaking with traditional royal discretion regarding health, encouraged compassion combined with action. “This December, as we gather to reflect on the year past, I pray that we can each pledge, as part of our resolutions for the year ahead, to play our part in helping to catch cancer early. Your life — or the life of someone you love — may depend upon it,” he said.
3 days ago
Nobel laureate Narges Mohammadi detained by Iranian authorities
Supporters of Nobel Peace Prize winner Narges Mohammadi said Friday that Iranian authorities have arrested the prominent human rights activist.
According to the foundation that bears her name, Mohammadi was detained in the northeastern city of Mashhad while attending a memorial service for a human rights lawyer who was recently found dead under unclear circumstances. Mashhad is located about 680 kilometers from Tehran.
A local official reportedly confirmed that arrests took place but did not specifically identify Mohammadi, who is 53. It remains uncertain whether she will be sent back to prison, where she had been serving a sentence before being granted temporary medical leave in December 2024.
Her detention comes amid an intensified crackdown by Iranian authorities on activists, intellectuals, and dissidents as the country grapples with economic hardship, international sanctions, and fears of renewed conflict with Israel. The arrest could increase pressure from Western governments at a time when Tehran has signaled interest in restarting nuclear negotiations with the United States.
The Norwegian Nobel Committee expressed serious concern over Mohammadi’s arrest, urging Iranian authorities to immediately clarify her whereabouts, ensure her safety, and release her unconditionally.
Supporters said Mohammadi was forcibly detained by security and police forces during the memorial, where other activists were also reportedly arrested. The ceremony honored Khosrow Alikordi, a 46-year-old lawyer and human rights advocate whose death was officially described as a heart attack, though its timing has raised questions amid heightened security measures. More than 80 lawyers have called for greater transparency surrounding his death.
Human rights advocates condemned the arrests, describing them as an assault on basic freedoms. They said detaining people for attending a memorial reflects deep fear of accountability within the government and highlighted the courage of Iranians who continue to protest peacefully.
Video shared by Mohammadi’s supporters showed her speaking to the crowd without wearing a hijab and leading chants in honor of Majidreza Rahnavard, who was publicly executed in 2022. Additional footage appeared to show anti-government slogans being shouted during the gathering.
Mashhad’s governor said prosecutors ordered the temporary detention of several participants after what he described as the chanting of inappropriate slogans. He claimed the measures were preventive, though he did not address allegations that force was used during the arrests.
Mohammadi had been on extended medical furlough for several months after her release from prison late last year. Although initially granted for three weeks, the leave was repeatedly extended, possibly due to international pressure. During that time, she continued her activism, participating in protests and speaking to international media, including appearing outside Tehran’s Evin prison.
She had been serving a sentence of nearly 14 years on charges related to national security and propaganda against the state and was a vocal supporter of protests following the 2022 death of Mahsa Amini. Mohammadi has suffered serious health issues while imprisoned, including heart attacks and surgery for a bone lesion that doctors feared could be cancerous.
Medical professionals have warned that returning her to prison without adequate care could seriously endanger her health. An engineer by profession, Mohammadi has been jailed multiple times over the years, receiving sentences totaling more than three decades. Her most recent imprisonment began in 2021 after she attended another memorial linked to nationwide protests.
3 days ago
Fighting continues despite Trump announcing Thailand-Cambodia truce
President Donald Trump said Friday that Thailand and Cambodia had agreed to restore a ceasefire after several days of deadly fighting, but officials from both countries indicated that hostilities had not fully stopped and that key issues remain unresolved.
Trump announced the renewed truce on social media after separate phone calls with Thai Prime Minister Anutin Charnvirakul and Cambodian Prime Minister Hun Manet. He said both sides had agreed to halt all shooting and return to the original peace agreement reached earlier this year with support from Malaysia’s Prime Minister Anwar Ibrahim.
However, Thailand’s Foreign Ministry later challenged Trump’s claim that a ceasefire had been finalized, without offering further details. A spokesperson for Thailand’s defense ministry said clashes were continuing, while Cambodia’s defense ministry reported that Thai forces carried out strikes early Saturday. Those claims could not be independently confirmed.
Before Trump’s social media announcement, Anutin said he had told the U.S. president that Thailand would continue military operations until Cambodia no longer threatened its sovereignty. He said Thailand wanted concrete actions from Cambodia, including halting attacks, withdrawing forces, and clearing land mines, rather than declarations alone.
Trump credited Malaysia’s prime minister with playing a key role in efforts to prevent what he described as a potentially major war between two neighboring countries. The original ceasefire was reached in July through Malaysian mediation and U.S. pressure, with Trump warning of possible trade consequences if the deal was not accepted. The agreement was later formalized in October at a regional meeting in Malaysia.
Despite that arrangement, tensions persisted, marked by propaganda campaigns and sporadic cross-border violence. The conflict is rooted in long-standing territorial disputes dating back to colonial-era maps from 1907, which Thailand disputes, and a 1962 International Court of Justice ruling that awarded disputed territory to Cambodia.
Recent fighting has included Thai airstrikes on what it says are Cambodian military targets and Cambodia’s use of BM-21 rocket launchers. Thai media reported that at least six Thai soldiers were killed by rocket shrapnel, and the Thai military said Cambodian rockets damaged homes near the border. Thailand also reported destroying a crane near the historic Preah Vihear temple, alleging it was being used for military surveillance.
Trump has repeatedly claimed credit for helping resolve multiple international conflicts since returning to office and has openly expressed interest in receiving a Nobel Peace Prize. Speaking to reporters later Friday, he said his administration had successfully eased the Thailand-Cambodia crisis and described the situation as stable.
Other ceasefires Trump has cited as diplomatic successes are also facing difficulties. A recent peace deal between the Democratic Republic of Congo and Rwanda is under strain as violence has escalated in eastern Congo. The International Contact Group for the Great Lakes expressed deep concern and urged all parties to honor their commitments and de-escalate tensions.
Meanwhile, Trump’s internationally backed plan to end the Israel-Hamas war in Gaza remains unresolved, with intermittent fighting continuing and negotiations over a key second phase still ongoing.
3 days ago
Preservationists sue Trump over White House ballroom project
President Donald Trump has been sued by preservationists seeking to halt his White House ballroom project until it undergoes independent reviews and receives congressional approval.
The National Trust for Historic Preservation filed the lawsuit in U.S. District Court, arguing that the project, which involved demolishing the East Wing, violates federal laws and exceeds the president’s constitutional authority. The group is demanding comprehensive design reviews, environmental assessments, public input, and debate and ratification by Congress before construction continues.
“No president is legally allowed to tear down portions of the White House without any review, or build a ballroom on public property without public input,” the lawsuit said. The Trust added that work should stop until all required reviews and approvals are completed.
White House Press Secretary Karoline Leavitt did not respond immediately to questions about the lawsuit or whether Trump plans to seek congressional approval. Trump has said the project is privately funded, including his own money, but federal rules still apply because the White House is government property.
Trump has argued that a new ballroom is necessary, as large events often require outdoor tents due to the limited capacity of existing rooms. The White House is expected to submit detailed plans for the ballroom to the National Capital Planning Commission before the end of the year, three months after construction began.
Will Scharf, chairman of the commission, said the panel will review the plans at a “normal and deliberative pace” once submitted, marking the start of the official review process.
3 days ago
EU set to lock up Russia's frozen assets so Hungary and Slovakia can't veto their use for Ukraine
The European Union is expected on Friday to lock up Russia’s assets held in Europe until it gives up its war in Ukraine and compensates its neighbor for the heavy damage that it has inflicted for almost four years.
The move is an important step that would allow EU leaders to work out at a summit next week how to use the tens of billions of euros in Russian Central Bank assets to underwrite a huge loan to help Ukraine meet its financial and military needs over the next two years.
Hungarian Prime Minister Viktor Orbán – Russian President Vladimir Putin’s closest ally in Europe – accused the European Commission, which prepared the decision, “of systematically raping European law.”
A total of 210 billion euros ($247 billion) in Russian assets are frozen in Europe. The vast majority of the funds — around 193 billion euros ($225 billion) at the end of September — are held in Euroclear, a Belgian financial clearing house.
The money was frozen under sanctions that the EU imposed on Russia over the war it launched on Feb. 24, 2022, but these sanctions must be renewed every six months, and all 27 member countries must approve them for that to happen.
Hungary and Slovakia oppose providing more support to Ukraine.
Friday’s expected decision, which is based on EU treaty rules allowing the bloc to protect its economic interests in certain emergency situations, would prevent them from blocking the sanctions rollover and make it easier to use the assets.
Orbán said on social media that it means that “the rule of law in the European Union comes to an end, and Europe’s leaders are placing themselves above the rules.”
“The European Commission is systematically raping European law. It is doing this in order to continue the war in Ukraine, a war that clearly isn’t winnable,” he wrote. He said that Hungary “will do everything in its power to restore a lawful order.”
In a letter to European Council President António Costa, who will chair the summit starting on Dec. 18, Slovak Prime Minister Robert Fico said that he would refuse to back any move that “would include covering Ukraine’s military expenses for the coming years.”
He warned “that the use of frozen Russian assets could directly jeopardize U.S. peace efforts, which directly count on the use of these resources for the reconstruction of Ukraine.”
But the commission argues that the war has imposed heavy costs by hiking energy prices and stunting economic growth in the EU, which has already provided nearly 200 billion euros ($235 billion) in support to Ukraine.
French Foreign Minister Jean-Noël Barrot described the expected move as “a major decision that will undoubtedly influence the course of the war and accelerate peace.”
“Because Europeans do not want to let anyone else decide for them ... we have decided to lock those sums (assets) for as long as necessary,” Barrot said on France Info news broadcaster.
The decision would also prevent the assets from being used in any way without European approval. A 28-point peace plan drafted by U.S. and Russian envoys stipulated that the EU would release the frozen assets for use by Ukraine, Russia and the United States. That plan was rejected by Ukraine and its backers in Europe.
Belgium, where Euroclear is based, is opposed to the “reparations loan” plan. It says that the plan “entails consequential economic, financial and legal risks,” and has called on other EU countries to share the risk.
Russia’s Central Bank, meanwhile, said on Friday that it has filed a lawsuit in Moscow against Euroclear for damages it says were caused when Moscow was barred from managing the assets. Euroclear declined to comment.
In a separate statement, the Central Bank also described wider EU plans to use Russian assets to aid Ukraine as “illegal, contrary to international law,” arguing that they violated “the principles of sovereign immunity of assets.”
3 days ago
6.9 magnitude earthquake causes small tsunami waves off northeastern Japan
A 6.9 magnitude earthquake shook northeastern Japan and caused small tsunami waves but no apparent damage Friday, days after a stronger quake in the same region.
Friday's quake occurred off the east coast of Aomori prefecture, in the north of Honshu, the main Japanese island, at a depth of 20 kilometers (12.4 miles) at 11:44 a.m., according to the Japan Meteorological Agency, which issued a tsunami advisory that was lifted about two hours later.
Small waves were reported in Hokkaido and Aomori prefectures, but no serious damage or injuries were reported.
The quake followed a 7.5 magnitude earthquake Monday that caused injuries, light damage and a small tsunami on Japan's Pacific coast.
At least 34 people were injured in that quake, power was knocked out temporarily in places, and tsunami waves more than 2 feet (0.6 meters) above tide levels were measured in Kuji port in Iwate prefecture.
Authorities had warned of possible aftershocks.
Officials said after Monday's quake there was also a slight increase in the risk of a megaquake, at magnitude 8 or stronger, and a possible tsunami occurring along Japan’s northeastern coast from Chiba, just east of Tokyo, to the northernmost main island of Hokkaido. The agency urged residents in the area to monitor their emergency preparedness, reminding them that the caution is not a prediction of such a strong earthquake.
The recent quakes occurred around the area where the magnitude 9.0 quake and tsunami in 2011 killed nearly 20,000 people and destroyed the Fukushima Daiichi nuclear power plant.
3 days ago