London court rejects Nord Stream’s €580 million claim over pipelines
Nord Stream AG, the operator of the Nord Stream gas pipelines, has lost a lawsuit in London’s High Court against a group of insurers seeking approximately €580 million. The judge ruled that the insurance companies—including Lloyd’s of London—are not liable to cover losses resulting from the explosions that damaged the…
Germany plans to raise over €800 billion for rearmament by 2030
The German government has approved an ambitious plan to borrow more than €800 billion by 2030 for the large-scale rearmament of the Bundeswehr and infrastructure modernization. This decision marks a historic departure from decades of fiscal restraint amid growing geopolitical threats. The German cabinet has approved a program that includes…
Armenian opposition leader detained on fraud charges
On Monday, July 6, Armenian businessman and leader of the opposition Prosperous Armenia Party, Gagik Tsarukyan, was detained in Yerevan on suspicion of organizing large-scale fraud and money laundering. According to Armenia’s Investigative Committee, the operation began early in the morning. Security forces conducted searches at more than 70 locations…
UK imposes new sanctions on Russian developers of Novichok
The UK government has announced new sanctions against Russian scientists and research institutes involved in the development of the Novichok nerve agent and the toxin epibatidine. The British government’s press office reported the move. The sanctions target seven individuals and two leading research institutes that participated in Russia’s chemical weapons…
Paris court of appeal to deliver ruling on Marine Le Pen case today
The Paris Court of Appeal will issue its decision today, July 7, in the case involving the alleged fraudulent employment of parliamentary assistants by the former National Front (now the National Rally). Marine Le Pen, the party’s leader, is accused of complicity in a system that illegally used European Parliament…