Russian oligarch’s yacht costs U.S. taxpayers $900,000 a month

A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings. The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire … Read more

EU considering sanctions on Chinese firms supporting Russia’s war machine

This pool photograph distributed by Russian state owned agency Sputnik shows Russia’s President Vladimir Putin (R) and China’s President Xi Jinping heading to a group photo session during the third Belt and Road Forum for International Cooperation at the Great Hall of the People in Beijing on October 18, 2023. Grigory Sysoyev | AFP | … Read more

The EU’s green reputation takes a hit

A farmer pulls waste to block the RN 19 near in Vesoul, eastern France, on January 25, 2024.  Sebastien Bozon | Afp | Getty Images The European Union prides itself on being a champion for the environment. But that reputation is now being firmly tested, after it toned down its climate policies following angry farmer … Read more

EU’s von der Leyen says Russia now ‘dependent’ on China

European Commission President Ursula von der Leyen looks on during a press conference. John Thys | Afp | Getty Images An increasingly isolated Russia is now dependent on China for both its military and economic ends, the European Commission’s president said Tuesday. Ursula von der Leyen said Russia was leaning more heavily on its eastern ally … Read more