European Union official says Nord Stream pipeline damage was likely "a deliberate act" as nations ramp up energy security
CBSN
European companies are ramping up security around pipelines and energy prices are climbing again as the suspected sabotage of two pipelines that deliver natural gas from Russia underscored the vulnerability of Europe's energy infrastructure and prompted the EU to warn of possible retaliation.
Some European officials and energy experts have said Russia is likely to blame for any sabotage — it directly benefits from higher energy prices and economic anxiety across Europe — although others cautioned against pointing fingers until investigators are able to determine what happened.
Russia has sharply curtailed natural gas shipments to Europe in retaliation for sanctions that the West put in place after its invasion of Ukraine. On Wednesday, Russian energy giant Gazprom increased the pressure, threatening on Twitter to cease dealing with a Ukrainian company that controls one of the two remaining pipelines that ship Russian gas to Europe.
President Biden on Monday signed into law a defense bill that authorizes significant pay raises for junior enlisted service members, aims to counter China's growing power and boosts overall military spending to $895 billion despite his objections to language stripping coverage of transgender medical treatments for children in military families.
It's Christmas Eve, and Santa Claus is suiting up for his annual voyage from the North Pole to households around the world. In keeping with decades of tradition, the North American Aerospace Command, or NORAD, will once again track Santa's journey to deliver gifts to children before Christmas 2024, using an official map that's updated consistently to show where he is right now.
An anti-money laundering law called the Corporate Transparency Act, or CTA, appears to have been given new life after an appeals court on Monday determined its rules can be enforced as the case proceeds. The law requires small business owners to register with the Financial Crimes Enforcement Network, or FinCEN, by Jan. 1, or potentially pay fines of up to $10,000.