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EU Clamps Down on Russian Travel with Stricter Visa Rules

                                      EU tightens rules for multiple-entry Schengen visas for Russian passport holders The European Union has introduced tougher visa restrictions for Russian nationals, ending the practice of granting multiple-entry permits. Under the new rules, Russians will need to apply for a fresh visa each time they wish to enter the bloc. Officials say the change is aimed at tightening security and preventing misuse of travel privileges. The move comes amid heightened concerns over migration, sabotage, and other risks linked to Russia’s ongoing conflict with Ukraine. Exceptions will remain in place for certain groups, including dissidents, independent journalists, human rights defenders, and family members of EU citizens. Transport workers may also qualify for short-term multi-entry visas to keep essential services running. EU leaders emphasized that tr...
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AI Momentum Lifts Wall Street as AMD Surges on OpenAI Deal

Wall Street futures pointed to a higher open on Monday, fueled by renewed enthusiasm for artificial intelligence. Advanced Micro Devices (AMD) led the charge, with shares soaring more than 30% in premarket trading after announcing a major chip-supply partnership with OpenAI.

The deal positions AMD as a key player in powering next-generation AI infrastructure, sparking optimism across the tech sector. Futures tied to the Nasdaq 100 climbed nearly 1%, while S&P 500 and Dow futures also advanced, extending last week’s rally.

The upbeat sentiment comes despite ongoing concerns over the prolonged U.S. government shutdown, which has delayed key economic data releases. Investors are now looking ahead to the upcoming earnings season and the Federal Reserve’s next policy decision, with expectations of a potential rate cut.

Beyond AMD, crypto-related stocks gained as bitcoin hovered near record highs, while Tesla shares rose after teasing a new event. Analysts caution, however, that elevated valuations in the tech sector could test the durability of the AI-driven rally.



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