Switzerland has an estimated 7.7 billion Swiss francs ($8.81 billion) of Russian assets frozen in its financial institutions, the national agency overseeing sanctions announced late last week. While the figure is a provisional estimate and may be subject to change, it represents an increase on the 7.5 billion francs the Swiss authorities said they blocked last…

The IRNA TV channel runs footage from inside the facility, without disclosing the location Iran’s state media has offered its viewers a rare glimpse of one of the country’s underground military drone bases, with the footage depicting rows of combat UAVs parked inside the facility.

Disruptions are forcing shippers to use longer and costlier routes, analysts say   Reduced water levels along the Panama Canal are disrupting global trade, forcing shippers to sail longer routes and pay higher freight costs, Reuters reported on Monday.