Russia failed to secure re-election to the executive body of the UN ship agency, the International Maritime Organization (IMO), on Friday. Moscow has blamed the setback on the efforts of Kiev and its Western backers.

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The cost of energy imports into Italy are expected to double to €100 billion, Reuters reported on Saturday, citing the country’s Economy Minister Daniele Franco. Rome cannot keep spending indefinitely to cushion the blow on the economy, the minister warned, speaking at the annual Ambrosetti business forum. He added that Italy’s high debt reduces its…