Bulgaria plans to wean itself from Russian oil by next fall despite being exempt from the EU-wide ban on crude purchases from the sanctioned country, Bloomberg reported on Thursday, citing officials. The Balkan country had been allowed to continue buying seaborne Russian oil for its Neftohim refinery, owned by Russia’s Lukoil, until the end of…

A US debt crisis is looming as the American economy is facing a “risky” fiscal situation, according to the founder of the world’s largest hedge fund, Bridgewater Associates, Ray Dalio. Dalio’s warning comes as the country’s national debt topped $33 trillion this month. US lawmakers are currently negotiating a spending bill before the October 1…

The iconic 300-year-old Sycamore Gap tree in England’s Northumberland National Park was felled early on Thursday UK police have detained a 16-year-old suspect over the felling of the iconic Sycamore Gap tree in England’s Northumberland National Park. The tree, believed to be around 300 years old, was also commonly known as ‘Robin Hood’s tree’ after…