A corporate tribunal has ordered the Italian government to pay more than £210m to the UK/Falklands oil company Rockhopper as compensation for an offshore oil drilling ban. Rockhopper’s case was launched after the Italian government banned oil exploration and production within a 12 mile-limit off Italy’s coast in 2015, scotching the company’s planned Ombrina Mare oilfield.
US President Joseph Biden said his country would help Ukraine with nearly US$ 3 billion in military aid after warning its citizens to flee the country where Russian attacks on civilians were reported to be imminent.
Foreign Minister Liz Truss, the leading candidate to become the United Kingdom's Prime Minister next month, has said she would not hesitate to use nuclear weapons if the time comes. I am ready to do it, said the Conservative leader who is competing against former Chancellor of the Exchequer Rishi Sunak to succeed Boris Johnson.
The European Commission Joint Research Center has reported that two thirds of the European continent is threatened by drought, the worst for at least 500 years. European Commission spokesperson Johannes Bahrke said on Tuesday.
Ukraine’s grain exports have slumped significantly since Russia invaded the country and closed off its Black Sea ports, pushing up global food prices and prompting fears of shortages in Africa and the Middle East.
United States authorities issued a security alert urging all of its citizens to evacuate Ukraine and warned Russia was about to launch strikes against civilian and government targets in the coming days.
Twelve individuals have been arrested and 30 are under investigation in Italy for having invented the “Antarctic Theocratic State of San Giorgio” with which they swindled about 700 people by promising nationality in order to be able to pay fewer taxes, have passports, land, and even receive noble titles.
A new agreement to facilitate exports from the Brazilian agribusiness sector to China has been described by market experts in Sao Paulo as crucial to inaugurating the “biggest era of market openness in the last ten years” between the two countries.
The embalmed heart of Brazil's first emperor, Dom Pedro I, has arrived in the capital Brasilia to mark 200 years of independence from Portugal to be celebrated next 7 September. The heart, which lies preserved in a flask filled with formaldehyde, was flown on board a military plane from Portugal.
China is again facing a challenging real estate situation, with homeowners in different provinces refusing to pay mortgages on their undelivered, unfinished flats. This is happening only two months ahead of the Chinese communist party congress when comrade Xi Jinping is expected to confirm a third five-year term, following on the constitutional change of 2018 that scrapped presidential term limits.