News
Iraq to strip three zeros from dinar in currency overhaul
Iraq plans to strip three zeros from the dinar and issue new banknotes, a lawmaker says, in a redenomination aimed at rebranding the currency and curbing cash outside the banking system.
Ukraine opens a second front against Russian ecommerce with four Ozon warehouses hit in three days
Ukrainian drones have hit four Ozon logistics centres in three days, opening a second front in a campaign that has spent the summer burning Russia's biggest online retailer.
Tanker struck by projectile off Saudi Arabia's Yanbu, UK maritime authorities report
A tanker was struck by an unknown projectile and set alight off Saudi Arabia's Yanbu, UKMTO says, in the latest attack on Saudi-linked shipping in the Red Sea.
US says it has diverted 70 ships enforcing Iran blockade
US Central Command says it has diverted 70 commercial vessels and disabled three since resuming its naval blockade of Iran, which Tehran says has halted its oil exports.
S&P Dow Jones upgrades Poland to developed market status
S&P Dow Jones Indices reclassified Poland as a developed market from an emerging market, with the change due to take effect during its September 2027 index reconstitution.
Moldovan PM's Bosphorus swim helps boost profile with Turkish investors
Moldova is seeking to attract more Turkish investment in manufacturing, energy and technology, Prime Minister Vasile Tofan said after meetings with Turkish business representatives.
Romania steps up efforts to restart Cernavoda nuclear reactors
Romanian authorities are changing their approach to restoring water levels at the Cernavoda nuclear power plant, building a dam and releasing more water from inland rivers, after weeks of efforts proved insufficient.
Dozens of arson attacks hit southern Thailand - likely coordinated
The conflict, which began in its current form in 2004, has killed more than 7,000 people as ethnic Malay Muslim rebels seek greater autonomy from the Buddhist-majority state.
Earthquake hits Tokyo region, scores injured
The earthquake struck at about 2am, with its epicentre in southern Ibaraki prefecture to the northeast of the capital at a depth of 68km, the weather agency said. No tsunami was generated.
8mn Afghan migrants have returned as Taliban attempts to woo investors
Taliban officials say 8mn Afghan migrants have returned from Iran and Pakistan in five years, as daily deportations of 2,000 to 3,000 people continue.
Iran finds major onshore gas field in south
Iran has discovered a new onshore gas field in the southern province of Fars holding 7.5 trillion cubic feet (212bn cubic metres) of natural gas in place, Oil Minister Mohsen Paknejad said.
Turkish F-16 jets based in Estonia join missions to down Russian drones
Five such aircraft and ground crews were on August 1 dispatched to Estonia's Amari air base.
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Ukraine puts its first home-built jet drone-hunter into service
Ukraine's armed forces have taken into service the Alexa Spatium, the first jet-powered interceptor drone designed and built in the country to shoot down Russian attack drones.
Rosatom is building 28 reactors abroad and negotiating 50 more
Rosatom is building 28 nuclear power units in nine countries and has signed agreements for 17 more, its chief executive told President Vladimir Putin.
North Korea sends Russia 8,500 more troops as its missiles reach seven Ukrainian regions
North Korea has sent another 8,500 soldiers to Russia, among them 400 drone operators, taking the total rotated through the country since October 2024 to around 25,000.
ECLAC holds Latin America 2026 growth forecast at 2.2%
Latin America and the Caribbean's economy will grow 2.2% in 2026, unchanged from ECLAC's earlier forecast, before picking up to 2.5% in 2027, as high informality and weak investment continue to cripple the region's growth potential, the UN body says.
Putin says Ukraine “opened a Pandora's box” by hitting Russia's economy
Ukraine has opened a Pandora's box by attacking Russia's economy and should now expect the same treatment, President Vladimir Putin says.
Tanzania targets power exports after inaugurating $2.82bn hydropower plant
Tanzania's 2,115 MW Julius Nyerere hydropower plant has helped create an electricity surplus credited with boosting industry and GDP growth while opening the way for regional power exports.
Indonesia scraps the price floor that froze 111 of its own stocks
Indonesia is abolishing the rule that let a listed company's shares stop trading altogether, after MSCI threatened to demote the market to frontier status.
Lviv recruiters deny viral report man died after being ‘thrown from bus’
Ukraine’s military recruitment authorities in Lviv have denied reports that a man died after allegedly being thrown from a recruitment bus, after video of an apparently unconscious man lying outside a military recruitment centre spread online.