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A Seized Oil Tanker and the Big Business of Dark Fleet Smuggling

The U.S. seizure of a vessel off Venezuela is likely to squeeze the country’s government, but do little to counter the tankers that secretively move oil from sanctioned countries.

© Adriana Loureiro Fernandez for The New York Times

Oil tankers anchored at a refinery in Punto Fijo, Venezuela, in 2022. The country relies heavily on a so-called dark fleet to export its oil.
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Russia Sues Holder of Frozen Assets Europe Wants for Ukraine Loan

The lawsuit was a warning to European officials who are racing to agree to a plan to use Russian government assets in Europe to lend money to Ukraine.

© Geert Vanden Wijngaert/Associated Press

The headquarters of the Euroclear depository in Brussels. Russia’s Central Bank said it had filed a lawsuit in Moscow against the depository.
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Tech Support Scammers Stole $85,000 From Him. His Bank Refused a Refund.

A retired lawyer lost the money in a tech support scam, a type of online fraud that is surging. Citibank said it couldn’t recover the funds, which criminals wired from inside his account.

© Victor J. Blue for The New York Times

David Welles, 87, was ensnared in a tech support scam that allowed fraudsters to take over his personal devices with remote access software. They made a wire transfer of $85,000 from his bank account.
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How Ukraine Has Responded to Trump’s Peace Plan and Russia’s Demands for Territory

A Ukrainian peace plan, sent this week to Washington, pushes back against President Trump’s proposal that Ukraine give up more land for peace.

© Pool photo by Maxwells

President Volodymyr Zelensky said the Ukrainian peace proposal now being discussed consisted of three documents, one of which lays out plans for rebuilding the country.
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Historic Shift Underway in China’s Economy as Investment Slump Deepens

Investment in manufacturing, infrastructure and property is expected to fall this year, a remarkable turn for an economy whose growth reshaped the world.

© Qilai Shen for The New York Times

An auto factory in Ningbo, China. The Chinese government has discouraged manufacturers of electric vehicles from engaging in ruthless competition.
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Paramount Says Money Is No Object. Warner Bros. Isn’t Convinced.

Larry Ellison is backstopping Paramount’s bid for Warner Brothers, but Warner Brothers is concerned that the billionaire has not provided a personal guarantee to pay.

© Evan Vucci/Associated Press

Larry Ellison, who co-founded the software group Oracle, is worth around $273 billion.
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Review of Medical Cannabis Use Finds Little Evidence of Benefit

Researchers found a chasm between the health reasons for which the public seeks out cannabis and what gold-standard science actually shows about its effectiveness.

© Mohamed Sadek for The New York Times

Addiction experts, who studied hundreds of clinical trials, guidelines and surveys conducted over 15 years, found a gulf between how the public perceives cannabis and what gold-standard science shows.
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Our Book Critics on Their Year in Reading

Alexandra Jacobs, Jennifer Szalai and Dwight Garner look back at the books that, as Jacobs writes, “bonked me on the head this year.”
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D.L. Coburn, Playwright With a Solo Hit, ‘The Gin Game,’ Dies at 87

His two-character work won a Pulitzer Prize and had a long Broadway run, but he never replicated its success and struggled to get his later work staged.

© Playbill

Hume Cronyn and Jessica Tandy — husband and wife in real life — starred in the original Broadway production of “The Gin Game,” directed by Mike Nichols.
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Thailand Says Trump Call About Cambodia Conflict Is Set for Friday

President Trump’s planned intervention comes as the hostilities entered their fifth day and appeared to escalate, and while Thailand moves toward early elections.

© Chalinee Thirasupa/Reuters

Thailand’s prime minister, Anutin Charnvirakul is likely to stake out a hard-line position on the conflict, analysts said. On Friday he spoke at Government House in Bangkok about dissolving Parliament.
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King Charles to Speak About His Cancer in Televised Message

A video of the king discussing his “recovery journey” will air on Channel 4 on Friday as part of a national cancer awareness campaign in the U.K.

© Chris Jackson/Chris Jackson Collection, via Getty Images

Buckingham Palace announced last year that King Charles III had been diagnosed with cancer. It has not said what type of cancer he is being treated for.
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Life and Death in India’s Air Apocalypse

For hundreds of millions of Indians, toxic winter air poisons bodies, constricts lives and wears down spirits.

© Vani Bhushan for The New York Times

Hazy skies laden with harmful particulates settle in every winter over vast areas of India such as this congested road in New Delhi.
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