JP Morgan warns of possible U.S. recession in late 2025
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Turkmen and Russian foreign ministers met in Ashgabat on 25 June and signed a bilateral cooperation program for 2025–2026, reaffirming their commitment to strengthening political and economic ties.
Shell has denied reports that it is in talks to acquire BP in a historic £60 billion deal, despite ongoing market speculation about a potential merger between the two oil giants.
Universal’s new theme park in Bedford, UK has secured a government support package worth around £500 million ($686 million) for rail and road upgrades, as part of a wider package to boost infrastructure ahead of the park’s planned 2031 opening.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 26th June, covering the latest developments you need to know.
The White House plans to restrict classified intelligence sharing with Congress after media leaks contradicted President Donald Trump’s claims about the success of U.S. airstrikes on Iranian nuclear sites, setting up a tense briefing with lawmakers.
Australia will not raise its defence spending targets despite pressure from U.S. President Donald Trump, choosing instead to follow its own military strategy, Defence Minister Richard Marles said on Thursday.
South Korea and NATO have agreed to set up a new consultative body focused on defence industry cooperation, aiming to deepen collaboration through joint development and procurement initiatives.
Bitcoin and other cryptocurrencies regained value following a ceasefire between Israel and Iran, bouncing back after steep losses during the 12-day conflict.
The United States is not planning to impose additional sanctions on Russia for now, aiming instead to keep diplomatic channels open to pursue a peace deal, Secretary of State Marco Rubio said.
Kazakhstan’s Prime Minister Olzhas Bektenov has announced a major reform initiative aimed at strengthening national sovereignty in the country’s space sector.
An historic mission began early on Wednesday (25 June) as astronauts from India, Poland, and Hungary were launched to the International Space Station (ISS) for their countries’ first-ever visit. They were joined by NASA veteran Peggy Whitson.
Uzbekistan will significantly expand its small hydropower capacity through a new $150 million World Bank project, aiming to enhance electricity access and boost renewable energy production nationwide.
Tesla’s new car sales in Europe plunged 27.9% in May, even as the region saw a major rise in demand for electric vehicles, data from the European Automobile Manufacturers Association (ACEA) showed.
Turkmenistan’s Foreign Minister Rashid Meredov and U.S. Secretary of State Marco Rubio held a phone conversation on Thursday (24 June), exchanging views on a broad range of bilateral and international issues.
U.S. President Donald Trump on Tuesday said he will probably meet Ukrainian President Volodymyr Zelenskyy during this week’s NATO summit, offering Kyiv an opportunity to push for U.S. Patriot missiles and stronger sanctions on Russia.
Turkish President Tayyip Erdoğan on Tuesday called for an unconditional end to defence trade restrictions among NATO allies and expressed Türkiye’s interest in hosting the alliance’s 2026 summit.
Qatar’s prime minister said on Tuesday that relations with Iran had been damaged by Tehran’s recent missile attack on a U.S. airbase in Qatar, but expressed hope that ties could eventually return to normal.
Vietnam’s government announced on Tuesday that it plans to sign an agreement with Russia in August to build the country’s first nuclear power plant.
Oil prices fell sharply for a second day after Israel confirmed a U.S.-brokered ceasefire with Iran, easing fears that the conflict would disrupt global energy supplies.
U.S. President Donald Trump called for a major interest rate cut before Federal Reserve Chair Jerome Powell’s testimony to Congress.
Russia’s Foreign Minister Sergey Lavrov welcomed the Israel–Iran ceasefire on Tuesday but warned it was too early to say if the truce would hold.
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