Thailand released 18 Cambodian soldiers on December 31 after 155 days in captivity, signaling a warming of relations. The repatriation was facilitated by ASEAN and the ICRC.
Discounts on Russian oil at export terminals again approached historical highs, reducing margins and leading to losses. More than half of Russian oil companies are eligible for zero or reduced mineral extraction tax rates.
Venezuela has begun shutting down wells in the Orinoco region, home to the world's largest oil fields, due to the blockade by the administration of US President Donald Trump. PDVSA aims to cut production in Orinoco by at least 25% to 500,000 barrels per day.
China called on all parties to refrain from escalation and promote de-escalation of the situation after Russia's statements. Chinese Foreign Ministry spokesman Lin Jian emphasized the need to create conditions for a political settlement.
New Year on the planet lasts almost a day, starting from the Line Islands in the Pacific Ocean and ending in Samoa. Find out the exact time of the 2026 New Year celebration in different countries of the world according to Kyiv time.
China calls for a new model of interaction with the US, seeking to solidify a warming in relations, but emphasizes its unchanged position on Taiwan. Chinese Foreign Minister Wang Yi stated his support for the "healthy, stable, and sustainable development" of relations, without compromising on issues of core interests.
Thailand and Cambodia have agreed to rebuild trust and strengthen a ceasefire following border clashes. The talks took place in China, where foreign ministers discussed the border situation.
Brent crude futures rose 2. 1% to $61.91, while WTI gained 2.3% to $58.03. This came amid talks between the Ukrainian and US presidents on ending the war and potential oil supply disruptions in the Middle East.
China has launched live-fire military exercises around Taiwan after the US announced a major arms package for the island. The exercises, dubbed "Mission Justice-2025," involve the army, navy, air force, and rocket forces, serving as a "stern warning" against separatist forces.
The Russian fashion industry has not capitalized on the departure of international brands, facing falling demand and store closures in 2024–2025. Instead of developing its own production, the market has been flooded with imported goods, and businesses are losing profitability.
From 2027, cars sold in China will have manual door unlocking due to electronic handle failures during accidents. New regulations require all vehicles weighing up to 3.5 tons to have both internal and external handles with mechanical emergency release.
President of Ukraine Volodymyr Zelenskyy signed decrees on synchronizing sanctions with Great Britain against 8 individuals and 40 legal entities involved in the deportation of children and the supply of components for Russian weapons. Ukraine also imposed sanctions against 8 military leaders of South Sudan in accordance with UN Security Council resolutions.
President Zelenskyy stated that China is not ready to join the peace process. He emphasized that China has increased imports of Russian energy resources, thus financing the war.
Lithuania officially completed the procedure of withdrawal from the Ottawa Convention on December 27, which allows it to use and produce anti-personnel mines. The country plans to spend hundreds of millions of euros on the purchase and production of tens of thousands of units of ammunition.
China's cyber regulator has unveiled draft rules to strengthen oversight of artificial intelligence services that mimic human personality and stimulate emotional dependence among users. Developers are obliged to control addiction, ensure safety, and protect data.
World oil prices for Brent and WTI fell by more than 2% due to expectations of a significant supply surplus in 2026 and US diplomatic activity. Traders are selling off contracts ahead of the Zelenskyy-Trump meeting, where a peace plan will be discussed.
Thai Defense Minister Nakphanit flies to Cambodia for truce talks. The conflict has lasted three weeks, causing 98 deaths and half a million refugees.
China announced sanctions against 20 US defense companies and 10 top executives over arms sales to Taiwan. The sanctions include freezing the companies' assets in China and banning individuals from doing business.
Rosatom has for the first time purchased two turbogenerator units from the Chinese state corporation "Dongfang Turbine" for the Leningrad NPP. This indicates the technological degradation of Russian mechanical engineering and growing dependence on China.
In December, intelligence identified over 150 foreigners from 25 countries recruited into the Russian army, with about 200 more preparing to join. The main sources of recruitment are post-Soviet states and countries of the Global South.
Russia and Kazakhstan have postponed the first launch of the Soyuz-5 launch vehicle as part of the joint Baiterek space project for additional system checks. The Baiterek program is in its final stages, and the launch was delayed due to falling behind schedule and sanctions.
Silver hit $75 for the first time on Friday, with gold and platinum also setting record highs. This occurred amid speculative bets, expectations of US interest rate cuts, and rising geopolitical tensions.
The Japanese government has planned a record defense budget of over 9 trillion yen ($58 billion) to strengthen its defense capabilities amid tensions with China. The country is also developing long-range missiles and the SHIELD drone system to protect its coast.
Western sanctions have reshaped India's oil trade, reducing its reliance on Russian oil. Imports from Russia decreased by 17.8% in January-October 2025, while imports from the US increased by 83.3% and from the UAE by 8.7%.
After Russia's full-scale invasion of Ukraine, China did not distance itself from Moscow, but turned the Russian Federation into its raw material appendage. The head of the CPD, Andriy Kovalenko, noted that Russia is an instrument of strategic pressure for China.
Russia has postponed plans to triple its annual liquefied natural gas production due to international sanctions. Russian Deputy Prime Minister Alexander Novak said that achieving the goal of producing 100 million tons of LNG per year would be delayed by several years.
The US naval blockade of Venezuela is disrupting oil exports, primarily bound for China. American forces are harassing tankers, forcing them to change course as part of an operation to pressure the Venezuelan government.
India is investing hundreds of millions of dollars in a network of roads, tunnels, and airfields along its disputed border with China. This is a response to the bloody clashes of 2020, which exposed the Indian army's logistical vulnerabilities.
The head of Ireland's defense and foreign policy departments has refuted a statement by the Military Intelligence Service (IMIS) that China is "hostile. " The minister emphasized the importance of economic cooperation and warned of the risks of isolating Beijing ahead of his upcoming trade mission.
US Democratic senators have urged Donald Trump not to recall nearly 30 career ambassadors, warning of a threat to national security. They believe this would create a vacuum that Russia and China would fill, leaving more than 100 embassies without leadership.
