Italy freezes Russian oligarch assets worth 140 mn euros

Rome, March 5 (AFP/APP):The value of frozen assets including luxury yachts and property held by Russian oligarchs in Italy amounted to around 140 million euros, the Italian government said on Saturday. The most expensive asset was the “Lady M Yacht” belonging to Alexei Mordashov, a […]

Ukraine war threatens to upset delicate Black Sea equilibrium

Constanta, Romania, March 5 (AFP/APP):In the Black Sea’s biggest port Constanta, the Romanian frigate Regele Ferdinand is preparing to set sail with tensions high as Russia’s invasion of Ukraine threatens to upend the regional balance of power. With 240 crew and a helicopter on board, […]

Russia’s Aeroflot says halting all flights abroad from March 8

Moscow, March 5 (AFP/APP): Russia’s flagship airline Aeroflot said Saturday that it was suspending all its international flights beginning March 8, as Moscow faces waves of Western sanctions over its military incursion in Ukraine. An Aeroflot statement on the “temporary suspension of all international flights […]

Iran welcomes Saudi crown prince’s remarks on ties

Tehran, March 5 (AFP/APP): Iran’s foreign minister on Saturday appeared to welcome recent comments by Saudi Arabia’s crown prince about relations between the two regional rivals as a sign of Riyadh’s “desire” to restore severed ties. “The recent remarks of a high-ranking Saudi official show […]

Israel president to visit Turkey next week as ties thaw

  Jerusalem, March 5 (AFP/APP): Israeli President Isaac Herzog will travel to Turkey next week to meet his counterpart Recep Tayyip Erdogan in a sign of thawing ties, his office confirmed Saturday.   Herzog will be the first Israeli president to visit Turkey for a […]