European foreign ministers agreed to increase pressure on Russia by imposing new sanctions targeting its energy and banking sectors amid ongoing conflict with Ukraine.
As G7 leaders prepare to meet, most member states are ready to cut the Russian oil price cap to $45 even without U.S. backing.
Azerbaijan is advancing its green energy agenda, with bold targets and regional projects discussed at the IEA’s global energy efficiency conference.
China is set to eliminate tariffs for all 53 African countries it has diplomatic ties with, offering duty-free access not just to the poorest nations but also to middle-income economies.
Forced displacement worldwide has hit a record 122.1 million, driven by conflicts in Sudan, Ukraine, and beyond, as humanitarian needs soar.
Ukraine and Russia completed another prisoner exchange involving ill and severely wounded soldiers, marking ongoing efforts to ease the human toll of their conflict.
Tensions surged in the Middle East as the UN nuclear watchdog declared Iran in violation of its nuclear obligations, prompting Tehran to announce countermeasures ahead of critical talks with the U.S.
The euro surged to its highest level in nearly four years against the U.S. dollar, as global investors turned to safe-haven assets amid growing geopolitical tensions and uncertainty surrounding the U.S.-China trade deal.
President Ilham Aliyev emphasized Azerbaijan’s commitment to women’s rights and the preservation of traditional values at a high-level Turkic States meeting in Baku.
Kazakhstan President Kassym-Jomart Tokayev emphasized growing Turkic unity and Kazakhstan’s commitment to integration during a meeting with TurkPA parliamentary speakers in Astana.
The U.S. budget deficit narrowed to $316 billion in May, marking a 9% drop from last year, largely due to a surge in customs revenue driven by President Trump’s new tariffs.
On the sidelines of the 14th Plenary Session of the Parliamentary Assembly of Turkic States, Azerbaijani Speaker Sahiba Gafarova met with her Northern Cyprus counterpart Ziya Öztürkler to reaffirm growing ties within the Turkic World.
Germany has welcomed the rare-earth trade truce between China and the U.S., calling it a positive step that could inspire similar progress in EU-U.S. talks.
The UN Human Rights Office is facing a severe financial crisis, with a shortfall of over $60 million, threatening its global operations and staffing in 11 countries.
A historic May heat wave pushed Greenland’s ice melt to 17 times its average rate and sent Iceland’s temperatures soaring to record-breaking highs, raising urgent alarms about Arctic climate vulnerability.
Two nights of violent riots in Ballymena have left 32 police officers injured and several homes and vehicles destroyed, following protests over an alleged assault involving two teenage boys.
Bosnia and Herzegovina has taken a major step toward EU integration by signing a deal with the European Union to strengthen border control and combat illegal migration.
Climate change could slash over 5% from Italy’s GDP by 2050 if no action is taken, according to the national budget watchdog, highlighting the urgent need for global emissions cuts.
The European Bank for Reconstruction and Development (EBRD) plans to invest another €1.1 billion in Uzbekistan this year, reinforcing its commitment to private sector growth and key infrastructure reforms.
Bulgaria and Kazakhstan are joining forces to develop the Middle Corridor — a vital transport route connecting Europe and Asia — marking a new era of strategic and economic cooperation across Eurasia.
Kazakhstan is ready to boost trade with Slovakia by offering key exports like oil, gas, uranium, and food, President Tokayev said after meeting Slovak PM Fico in Astana.
Azerbaijani PM Ali Asadov highlighted the country’s strong economic growth and investment potential at the 4th Tashkent International Investment Forum.
Azerbaijani Prime Minister Ali Asadov met with Uzbekistan’s President Shavkat Mirziyoyev in Tashkent to discuss strengthening bilateral ties and expanding cooperation.
Pakistan’s 2025-26 federal budget cuts overall spending by 7% but raises defence expenditure by 20% amid recent conflict with India, aiming to balance economic growth with increased military costs.
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