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Russian President Vladimir Putin: We are studying a system for supplying oil products to Crimea, a system located in a place that will be extremely difficult for the enemy to reach.

2026-07-13

Russian President Vladimir Putin: We are studying a system for supplying oil products to Crimea, a system located in a place that will be extremely difficult for the enemy to reach.

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2026-07-14

Brent crude oil futures settled at $83.30 a barrel, up $7.29, or 9.59%.

Brent crude oil futures settled at $83.30 a barrel, up $7.29, or 9.59%.
2026-07-13

South Korea expects record tax receipts from an AI-driven semiconductor boom, creating fiscal room for President Lee Jae‑myung’s investment agenda. Budget Minister Park Hong‑geun said on Monday the government has raised its 2027 tax revenue forecast

South Korea expects record tax receipts from an AI-driven semiconductor boom, creating fiscal room for President Lee Jae‑myung’s investment agenda. Budget Minister Park Hong‑geun said on Monday the government has raised its 2027 tax revenue forecast to KRW 500 tln ($331.6 bln), up from a prior KRW 412.1 tln projection, enabling a draft budget above KRW 800 tln versus this year’s KRW 727.9 tln — the largest spending plan in Republic of Korea history. A central plank is a Future Response Fund to channel above‑trend tax receipts into strategic investment focused on youth, future growth engines, regional development and talent. The fund will finance administration priorities including three “super projects” announced earlier this month covering semiconductors, data centers and physical AI.
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