Author: Press Room

The prediction by Kirill Dmitriev comes as Middle East turmoil  energy pressures continue to build Europe is facing an “energy crisis tsunami” following a series of political earthquakes, Kremlin envoy Kirill Dmitriev has warned. The forecast comes as energy shocks caused by the US‑Israeli war on Iran continue to destabilize supplies across the region.Since the beginning of the US‑Israeli military campaign in late February, global crude benchmarks have surged by roughly 50%, forcing retail fuel and wholesale natural gas prices to historic highs. The Middle East conflict has further exacerbated a critical situation in European states, which had already drastically…

American director and producer Michael Bay, the filmmaker behind Pearl Harbor, Pain & Gain and the Transformers movies, is ready to direct a film about the U.S. pilots retrieved from behind enemy lines in Iran during Operation Epic Fury. The work will chronicle the spectacularly successful rescue mission of the two U.S. aircrew from a downed F-15E fighter jet recovered during the mission Donald Trump sent to Iran even as leakers put the effort in jeopardy. In a statement, Bay says the film will celebrate “the true heroism and unwavering dedication of our service members.” The Universal Pictures film will…

China dethroned Germany as Spain’s top supplier of goods during the first quarter of 2026, fresh data from the Spanish government reveals. The data, cited by the Spanish newspaper El País on Thursday morning, showed Chinese goods accounted for 11.6 percent of all of Spain’s imports during the first four years of 2026 — an amount slightly higher than the 11.4 percent of goods imported in that same period from Germany, Spain’s historically top supplier. Chinese exports to Spain during Q1 2026 reportedly amounted to over 12.5 billion euros. El País explained that the only time in which China had overtaken…

President Donald Trump delivered the commencement address Wednesday to the United States Coast Guard Academy Class of 2026. The president traveled to the academy in New London, Connecticut, to speak to graduates in the morning. “Hello, cadets, and let me begin by saying a very big congratulations to the Class of 2026, special class,” Trump said to begin his remarks. “It’s a true honor to be here this magnificent day at one of the most prestigious military academies anywhere in the world,” he added. Trump thanked the cadets’ families for raising “American patriots” and told the cadets they “have an…

A marathon vote series on the Senate floor Thursday could be a big test of President Donald Trump’s ability to get his agenda through Congress after wracking up a body count of lawmakers who have crossed him. Senate Republicans are expected to bring their party-line immigration enforcement funding bill to the floor today after months of negotiations. But they still need to run through a procedural gauntlet of votes by Democrats who are eager to spotlight growing divisions between the president and members of his own party. The votes come at a particularly sour time for Senate Republicans, many of…

After my dad died, my siblings and I began sorting through the things he left behind. That included the expected things, like clothes and photographs, and the unexpected things, like financial records tucked into places we hadn’t known existed. When we were finally able to open the locked cubby behind my dad’s bed, my brother found, among other things, copies of my dad’s tax records dating back to the 1970s. My dad had saved everything. What should we, his children, do with all that paper? After death, certain old records can be shredded. But be careful–both tax filing and tax…

Sen. Rick Scott (R-FL) blasted the University of Florida’s Board recommendation of a “sole finalist” for president, accusing them of a “pattern of malfeasance” in their hiring process. “This week, the University of Florida (UF) announced the unanimous recommendation of Dr. Stuart Bell as the sole finalist to become President of UF,” Scott wrote in a letter to State University System of Florida Chancellor Raymond Rodrigues — obtained by Breitbart News. The senator went on to say, “UF has engaged in a search process that lacked any transparency or public input and failed to interview three candidates as mandated under Florida law.”…

The UK government has denied easing sanctions on Russia after coming under fire for issuing a temporary license allowing imports of Russian-origin diesel and jet fuel. London said the move was necessary to stabilize energy markets disrupted by the Middle East conflict.The license, which takes effect on Wednesday, effectively reverses a pledge by Prime Minister Keir Starmer’s government to ban imports of fuel made from Russian crude abroad, leaving a route for sanctioned oil to enter the British market through refiners in countries such as India and Türkiye. Western nations have imposed sanctions and price-cap measures on Russian oil exports…

Russian President Vladimir Putin got the show of unity and enduring partnership he wanted from Chinese dictator Xi Jinping in Beijing, but he did not get the gas pipeline deal he reportedly wanted and the Kremlin took a defensive tone on Wednesday when discussing the overall results of Putin’s trip. China went out of its way to signal that no fissures were opened in its “no-limits partnership” with Russia by President Donald Trump’s visit the previous week. Putin enjoyed a nearly identical reception ceremony and China played up both its common interests with Russia and Xi’s personal friendship with Putin.…

On Wednesday’s broadcast of the Fox Business Network’s “The Bottom Line,” former Trump Economic Adviser Stephen Moore said that the housing bill passed by the House of Representatives is “not going to make a huge difference.” And “not allowing the institutional investors to invest is a bad thing” although there are some positive provisions on deregulation in the bill. Moore said, [relevant remarks begin around 4:25] “I am of mixed minds on this bill. … I agree with you guys entirely that not allowing the institutional investors to invest is a bad thing. In fact, that actually — institutional investors…