Skip to main content

Featured

Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...

article

US–EU Seal Landmark Trade Pact with 15% Tariff Framework


In a significant step toward reshaping transatlantic commerce, Washington and the European Union have finalized a framework trade agreement that cements a 15% U.S. tariff on most EU imports, including autos, pharmaceuticals, semiconductors, and lumber.

Under the deal, the EU will eliminate tariffs on all American industrial goods and grant preferential market access for a range of U.S. seafood and agricultural products. In return, the U.S. has pledged to scale back its current 27.5% tariffs on European cars and parts once Brussels introduces legislation to enact its promised tariff cuts.

The agreement also outlines major economic commitments: the EU will purchase $750 billion in U.S. energy products and invest an additional $600 billion in strategic U.S. sectors by 2028. Both sides have agreed to address digital trade barriers and explore expanding the pact to cover more sectors in the future.

Leaders on both sides hailed the accord as a “historic accomplishment,” positioning it as a foundation for deeper economic cooperation and a stabilizing force in global trade.

Comments