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Iran vows retaliation after EU, Britain slap sanctions

Tehran, Iran | Xinhua | Iran on Tuesday strongly condemned new sanctions imposed by the European Union (EU) and Britain and vowed to take retaliatory measures. Iran reserves the right to take retaliatory measures against such “failed policies” and will soon announce its new list of sanctions against the “human rights …

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What is behind projections of falling oil prices?

Houston, U.S. | Xinhua | Oil prices are falling. Now many experts expect the trend to continue over the next two years, with significant uncertainties ahead. PROJECTED FALLING PRICES The U.S. Energy Information Agency (EIA) forecast earlier this month that the average Brent crude oil price would decrease from 100.94 U.S. …

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EU grants 500 mln euros more military aid to Ukraine

Brussels, Belgium | Xinhua | European Union (EU) military assistance to Ukraine will be topped up by a further 500 million euros (543 million U.S. dollars), foreign ministers agreed on Monday. Training for the country’s military worth 45 million euros has also been agreed, EU foreign chief Josep Borrell said. “This …

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Infantino highlights economic impact of football

Davos, Switzerland, | Xinhua | FIFA President Gianni Infantino has highlighted the importance of football to the world economy. In an interview with Xinhua at the World Economic Forum Annual Meeting 2023, Infantino said he believed that it was very important to exchange ideas with leaders and business representatives from various …

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