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UBS fined $125 million by US regulators for money laundering violations

UBS fined $125 million by US regulators for money laundering violations

By Jonathan Stempel NEW YORK, Aug 3 (Reuters) - UBS was fined $125 million by U.S. regulators on Monday for violating the Bank Secrecy Act, the largest civil fine ever against a broker-dealer for violating the main U.S. anti-money laundering law. The U.S.
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Russia blasts southern Ukrainian city with glide bombs while Ukrainian drones kill 9

Russia blasts southern Ukrainian city with glide bombs while Ukrainian drones kill 9

A regional official says Russian planes have dropped powerful glide bombs on Zaporizhzhia, Ukraine, killing one person and wounding dozens
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A Putin critic leaves Russia after he is barred him from running for parliament

A Putin critic leaves Russia after he is barred him from running for parliament

Opposition politician Boris Nadezhdin, a critic of the war in Ukraine, has left Russia after crackdown that barred him from running in this year's parliamentary election
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Anti-war politician Boris Nadezhdin says he is now outside Russia

Anti-war politician Boris Nadezhdin says he is now outside Russia

LONDON, Aug 3 (Reuters) - Russian anti-war politician Boris Nadezhdin said on Monday that he had left the country for the time being, weeks after Moscow designated him a "foreign agent" and disqualified him from running in a parliamentary election. "Hi everyone! I have some good news.
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Amsterdam Pride Parade Features Trump and Putin Float Highlighting Love Over Conflict

Amsterdam Pride Parade Features Trump and Putin Float Highlighting Love Over Conflict

The annual Amsterdam Pride Canal Parade featured a float depicting inflatable figures of President Trump and Russian leader Vladimir Putin sharing a kiss. This artistic expression aimed to convey a message of love rather than conflict. The float, part of a colorful flotilla of 80 decorated vessels, showcased the two leaders in Delft blue and white costumes, each holding a tulip. The event, known for its vibrant and humorous displays, attracted large crowds who enjoyed electronic dance music and waved signs promoting love as the parade moved through Amsterdam's canals. Organizers stated that the float was designed to pause power and highlight human connection, rather than provoke.
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Why CAATSA Marked a Turning Point in American Foreign Policy

Why CAATSA Marked a Turning Point in American Foreign Policy

The Countering America's Adversaries Through Sanctions Act (CAATSA) represents a significant legislative effort by the United States to impose sanc...
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Oil prices drop 5% to three-week low after Trump cancels attack on Iran

Oil prices drop 5% to three-week low after Trump cancels attack on Iran

By Scott DiSavino NEW YORK, Aug 3 (Reuters) - Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.
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Russia Constructs New Pontoon Bridges to Strengthen Crimea's Logistics

Russia Constructs New Pontoon Bridges to Strengthen Crimea's Logistics

In response to intensified Ukrainian military strikes, Russian forces are constructing new pontoon bridges to enhance logistical connections to Crimea. These efforts include building alternative access roads and crossings at critical junctions in the Chongar and Henichesk areas. Satellite images suggest that these constructions are designed to withstand potential destruction by Ukrainian forces. The ongoing conflict has led to significant infrastructure damage in Crimea, resulting in power cuts and fuel shortages. The construction of new bridges aims to mitigate these challenges and ensure continued supply routes for Russian military and civilian needs.
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Romania Scrambles F-16s as Russian Drone Crosses Ukraine's Danube River Border

Romania Scrambles F-16s as Russian Drone Crosses Ukraine's Danube River Border

Romania scrambled two F-16 fighter jets after a Russian drone crossed into its airspace during an attack on southern Ukraine. The drone entered Romanian territory for about 20 minutes before returning to Ukraine, where it was shot down by Ukrainian forces. This incident is part of a series of Russian drone incursions into Romanian airspace, prompting Romania to summon its Russian ambassador. The drone debris fell in a rural area of Romania, causing no casualties or damage. Romania, a NATO and EU member, shares a border with Ukraine along the Danube River and the Black Sea coast.
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On This Day: Trump Signed CAATSA Into Law

On This Day: Trump Signed CAATSA Into Law

The Countering America's Adversaries Through Sanctions Act (CAATSA) has had a profound impact on U.S. foreign policy and international relations si...
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IIHF Extends Ban on Russia for 2026-27 Season Due to Security Concerns

IIHF Extends Ban on Russia for 2026-27 Season Due to Security Concerns

IIHF Extends Ban on Russia for 2026-27 Season Due to Security Concerns
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Bomb carried by woman kills three, injures 21 near Moscow restaurant, authorities say

Bomb carried by woman kills three, injures 21 near Moscow restaurant, authorities say

By Andrew Osborn MOSCOW, Aug 1 (Reuters) - A homemade bomb carried by a woman killed three people and injured at least 21 in an explosion near an upscale restaurant in central Moscow on Saturday evening, the authorities said.