
Oil Rally Gets Fresh Impetus From Shrinking Stockpiles at US Hub
Oil was propelled closer to the $100-a-barrel mark after stockpiles at the major US storage hub dropped to
1970-01-01 08:00

The German group buying ticket dodgers out of prison
A Nazi-era law in Germany jails those who can't pay public transport fares. Arne buys their freedom.
1970-01-01 08:00

UK Risks Power Supply Crunch in January as Nuclear Plants Halt
The UK’s National Grid Plc is preparing for a possible power crunch in January as several planned nuclear
1970-01-01 08:00

London Price Cuts Boost UK Home Discounts to Highest Since 2019
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the
1970-01-01 08:00

Asia Stocks to Fall, Treasury Yields Extend Rise: Markets Wrap
Shares in Asia headed for early declines and Treasuries sold off as investors contemplated higher interest rates and
1970-01-01 08:00

Russia airs ‘new interview’ of Black Sea admiral who Ukraine claimed was killed in strike
Russia has published a second clip purporting to show a top naval officer alive and well, after Ukraine claimed he had been killed in a missile strike on the headquarters of Moscow’s Black Sea Fleet in Crimea. Ukraine’s special forces claimed on Monday that the Russian fleet’s commander, admiral Viktor Sokolov, was among 34 officers killed in the huge strike on Sevastopol, which they said had caused irreparable damage to the headquarters building. But the military body backpedalled the following day, saying its units were “clarifying the information” which had been based on open sources, adding that many of those killed in the strike “still have not been identified due to the disparity of body fragments”. Kyiv’s special forces said the clarification came after Moscow was “urgently forced to publish an answer with an apparently alive Sokolov” – a reference to footage published by Russia’s defence ministry showing Mr Sokolov appearing on a video conference call with defence minister Sergei Shoigu. Admiral Sokolov is also seen on a video screen but in a different location, with only a flag seen in the backdrop behind him. He is also not heard speaking in the video. While this appears to be a signal from Moscow that the admiral is still alive, Russia has not released any details to prove when the video conference took place. In a further twist on Wednesday, Russian defence ministry-linked outlet Zvezda published footage it claimed showed Mr Sokolov speaking to reporters while attending an award ceremony for the Chernomorets Black Sea Fleet football team. But doubts were cast over whether the footage was new, given that Mr Sokolov made no reference to the Black Sea attack in his comments. “The Black Sea Fleet confidently and successfully fulfills the tasks assigned to it by the command,” he can be heard saying in the footage, adding that the exploits of Russia’s marines “practically do not appear on the screens of central television”. While Moscow has not commented directly on Mr Solokov’s status, defence ministry spokesperson Maria Zakharova claimed on Wednesday that there was “no doubt” the attack was “planned in advance using Western intelligence means, Nato satellite assets and reconnaissance planes”. The strike on annexed Crimea “was implemented upon of the advice of American and British security agencies and in close coordination with them”, Ms Zakharova claimed. Ukraine has previously refrained from directly claiming responsibility for strikes on targets in Crimea and Russia for fear of alienating Western allies concerned that such strikes could allow Moscow to claim them as evidence of Nato-sanctioned escalation. However, Kyiv has become bolder in claiming such attacks as part of its wider counteroffensive efforts in recent months, having increased its use of domestically-produced attack drones to strike targets in Moscow, Belgorod and Crimea. In its earlier update on the Sevastopol strike, Ukraine’s special forces said the air force fired 12 missiles on the Black Sea Fleet headquarters as it targeted areas where personnel, military equipment and weapons were concentrated. Two anti-aircraft missile systems and four Russian artillery units were hit, special forces said. Moscow-installed authorities in Sevastopol, annexed by Russia in 2014, are reported to be taking extra defensive measures in the face of Ukraine’s increased attacks on Crimea in recent days. Sevastopol is a critical region providing a platform from which Russia has launched many of its air attacks on Ukraine in the 19-month-long war. Read More Russia remains silent as Ukraine claims Black Sea Fleet commander among 34 officers killed Putin’s Black Sea fleet commander ‘killed in navy attack’ as Ukraine breakthrough triggers ‘panic’ Russia’s Lavrov rubbishes Ukraine peace plan and warns conflict will be resolved on battlefield Ukraine-Russia war – live: Putin planning new ‘assault units’ despite Moscow’s ‘mobilisation issues’
1970-01-01 08:00

Elite army unit storms ship to seize Ireland’s biggest drugs haul
A €157 million (£136 million) haul of cocaine was seized when an elite army unit stormed a cargo ship off the Irish coast. It is the largest drugs capture in Ireland’s history, police said. A total of 2,253 kg of cocaine was found on the Panamanian-registered vessel in a major joint agency operation off the south-east coast of Ireland on Tuesday. Members of the highly trained Army Ranger Wing descended from a helicopter onto the MV Matthew as it tried to sail out of Irish waters and evade capture. The elite unit boarded the ship after the Irish Naval Service’s patrol vessel, the LE William Butler Yeats, fired warning shots in its direction after it failed to obey orders. The vessel had been under surveillance since Friday when a multi-agency operation responded to intelligence of a major international drug smuggling operation. Speaking at a media briefing in Dublin on Wednesday, a senior member of the Irish police described the operation as “hugely significant”. Justin Kelly, Assistant Commissioner with An Garda Siochana, said: “I think it’s really important to note this is the largest drug seizure in the history of the state. “This is a hugely significant operation and it shows our unrelenting determination to disrupt and dismantle networks which are determined to bring drugs into our country. “These groups are transnational groups. They are working all across the world and, because of that, we need to work with our international partners.” He added: “This is a huge hit for the people involved in this.” ‘Murderous cartels’ Given the scale of the haul, Irish authorities do not believe the cocaine was solely destined for Ireland. They suspect the drugs were being transported from South America for distribution across Europe. The MV Matthew was escorted to Cork harbour on Tuesday. A fishing trawler that grounded off the coast of County Wicklow late on Sunday was also being monitored as part of the operation, amid suspicions it was en route to rendezvous with the cargo ship. The vessel remains stuck on a sandbank out at sea with poor conditions preventing the authorities from boarding and searching it. It will be treated as a crime scene when it is accessed, police said. Three people, aged 60, 50 and 31, arrested during the course of the operation, remained in custody in police stations in County Wexford on Wednesday. It has emerged that one of those arrested was medically evacuated off the MV Matthew before the military operation to seize it. About 25 remaining crew will be interviewed in Cork and police have said further arrests may follow. The operation involved the Defence Forces, customs officers and the Irish police’s national drugs and organised crime unit. Mr Kelly said the cocaine on the ship originated in South America. “This product was supplied by a South American cartel, one of the murderous cartels that are behind cocaine shipments into Europe,” he said. “A shipment like this into Europe is partly destined for the Irish market. “Obviously, with the size and intelligence we have, we know the organised crime group behind this comprises a number of different elements across Europe.” Asked if those on the cargo ship had tried to dispose of the cocaine by burning it or throwing it overboard, Mr Kelly said more information on this would be provided in the coming days. He said such a large shipment would not have entered the state’s waters without the involvement of an Irish gang. He said there are a number of gangs in Ireland with “direct links to South America”. “There is no large ship like this coming into our waters or our ports or transiting across our country, without an Irish organised criminal group involved in it. “There is an increase in the amount of cocaine available for a number of geopolitical reasons in South America. There is basically a glut of cocaine on the market,” he said. “And when you combine that with the increased consumption across Europe, Europe is now the biggest market for cocaine in the world. “So when you combine those two things together, absolutely, it’s inevitable that we’re going to see organised criminal groups trying to leverage on that, make more money from it, as they always do in situations like this. “It’s inevitable that we’ll see more large shipments.” He said increased large shipments had also been seen in Antwerp and Rotterdam. ‘Great deal of skill’ Commander Tony Geraghty, fleet operations officer of the Irish Naval Service, explained why warning shots were fired at the cargo vessel before the boarding operation. “The merchant ship refused to follow the instructions of our own ship,” he said. “So this was prior to the insertion of the Army Ranger Wing. “There was an escalated use of force used to compel the vessel to follow the instructions of the ship’s captain.” Cdr Geraghty said it had been an extremely complex joint operation involving the Naval Service, the Air Corps, the Army Ranger Wing and Defence Forces headquarters. He said the poor weather made the fast rope aerial boarding more complex. He said there was no evidence of the crew being armed when the Army Rangers boarded and took control of the vessel. “This ship is very large, she’s 190 metres long, with an exceptionally high freeboard. So very difficult to get on,” he added. He said a “great deal of skill” was demonstrated by the Army Ranger Wing and helicopter pilot during high winds. Read More British Airways pilot sacked and banned from cockpit after cocaine binge before flight UK’s first drug consumption room enabling supervised injection approved Teacher arrested after students find meth stash inside hair scrunchie during ‘family fun night’ Cocaine haul worth 157 million euro is biggest drug seizure in Ireland’s history Suspected cocaine worth 157 million euro found in Ireland’s biggest drug seizure ‘Danger to life’ warning activated in Britain - live
1970-01-01 08:00

A Single ESG Fund Category Has Soared More Than 300% in the US
There’s one ESG fund category that’s outgrowing most others in the US, and it’s dedicated to investing in
1970-01-01 08:00

ECB’s Holzmann Floats Tenfold Hike in Minimum Reserves
The European Central Bank should increase the amount of money it requires lenders to park with it interest-free
1970-01-01 08:00

Russia could join China in banning Japanese seafood imports over Fukushima
Russia might join China in banning seafood from Japan over the Fukushima water release, a Russian regulatory authority indicated on Tuesday. Russian food safety watchdog Rosselkhoznadzor said that it had discussed the issue of food exports with its Chinese counterparts. “Taking into account the possible risks of radiation contamination of products, Rosselkhoznadzor is considering the possibility of joining with Chinese restrictions on supplies of fish products from Japan,” the watchdog said in a statement. “The final decision will be made after negotiations with the Japanese side.” Last month, Japan started the discharge of water from the Fukushima nuclear plant into the ocean, a move that sparked intense condemnation from China. In response, China implemented a ban on all seafood imports from Japan. Russia, one of the major suppliers of marine products to China, is actively pursuing opportunities to expand its market share in the region. So far this year, Russia has imported 118 tonnes of Japanese seafood, the regulator said. In response to the announcement by Russia, the top Japanese government spokesperson, Hirokazu Matsuno said on Wednesday that Japan will carefully examine the matter. “We strongly ask Russia to act based on scientific evidence,” Mr Matsuno told the media. He added that Russia was a member of the International Atomic Energy Agency’s Fukushima expert team. “In addition to this, we received an IAEA report made with the participation of international experts, including from Russia.” Rosselkhoznadzor has reached out to Japan, urging both nations to start negotiations and requesting information regarding Japan’s radiological testing procedures for exported fish products, which includes assessing tritium levels. They have set a deadline of 16 October for this information to be provided, local media said. Meanwhile, late last week, US ambassador to Japan Rahm Emanuel accused China of using “economic coercion” against Japan. He said: “Economic coercion is the most persistent and pernicious tool in their economic toolbox. “China is engaged right now in fishing in Japan’s economic waters while they are simultaneously engaged in the unilateral embargo on Japan’s fish,” Mr Emanuel said. Earlier this month, it was reported that fishermen and residents from Fukushima, along with people from five other prefectures along Japan’s northeastern coast, filed a lawsuit seeking an immediate cessation of the ongoing release of treated radioactive wastewater from the damaged Fukushima nuclear plant into the ocean. In the lawsuit, the 151 plaintiffs, two-thirds from Fukushima and the rest from Tokyo and four other prefectures, say the discharge damages the livelihoods of the fishing community and violates residents’ right to live peacefully, their lawyers said. Additional reporting with agencies Read More South Korean court denies arrest warrant for opposition leader Lee in corruption allegations Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds Nuisance calls, spying and misinformation: How China is ‘harassing’ Japan over Fukushima The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
1970-01-01 08:00

Ukraine-Russia war – live: Kremlin claims Britain helped plan missile strike on Crimea on Black Sea Fleet’s HQ
Black Sea fleet commander Viktor Sokolov has appeared in a second video aired on Russian TV, days after Ukraine claimed he was killed in a missile strike on Sevastopol. A TV station run by Russia’s defence ministry showed an interview with the commander on Wednesday saying the fleet was performing successfully, although it was unclear from his comments whether the clip was filmed after Ukraine’s missile strike on 22 September. Ukraine’s special forces said on Monday that Mr Sokolov and 33 other officers were killed in the missile strike carried out on the Black Sea Fleet’s headquarters in Crimea. The new video comes after Russia’s defence ministry released another clip on Tuesday, appearing to show Mr Sokolov on a video conference call with Russian defence minister Sergei Shoigu. It also remains unclear when this video was recorded. Ukraine is now saying it is working to “clarify” earlier reports that he had died. Russia has not yet directly confirmed or denied the claims. Read More Viktor Sokolov seen for second time in newly emerged video as he claims Russia’s Black Sea Fleet ‘performing successfully’ New video of ‘dead’ Russian Black Sea fleet commander raises doubts over Ukraine’s claim Hillary Clinton mocks Putin over Nato expansion: ‘Too bad, Vladimir. You brought it on yourself’ Ukrainian forces ‘enjoy success’ near Bakhmut as Putin deploys reserves
1970-01-01 08:00

Fuel Hoarding Unnerves Polish Refiner in Push to Cut Prices
Poland’s state-controlled refiner Orlen SA appealed to Poles to refrain from hoarding fuel following reports that its bid
1970-01-01 08:00