UK to bail out struggling energy companies – Guardian

The Bank of England has set up a fund to bail out UK energy companies that face financial difficulties due to rising energy prices, The Guardian reported on Thursday. The bailout fund, which will offer as much as £40 billion ($46 billion) in loans to struggling energy companies, was announced by Prime Minister Liz Truss…

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EU has frozen $70 billion in Russian assets – Politico

Exactly how much of that sum consists of the country’s forex reserves is still unknown, the outlet says, citing an official document Roughly €68 billion ($70 billion) in Russian assets have been frozen by the EU, most of which are in Belgium, Politico reported on Friday.

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First Israeli hostages to be freed on Thursday – FM

The country’s cabinet has approved a prisoner swap with Hamas that will see the release of 50 of its citizens and a short truce Israel expects Hamas to release the first group of hostages captured during the October 7 raid on Thursday, the country’s foreign minister, Eli Cohen, has told reporters. His statement came several…

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