live Houthi attacks target Riyadh as Iran sets conditions for reopening Strait of Hormuz
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are m...
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
The agriculture ministry said 2,111 John Deere and Claas machines worked “non-stop” to bring in the crop, which was delivered to state granaries by Thursday. President Serdar Berdimuhamedov praised farmers, daikhan associations and private growers for a “brilliant labour victory” in a message published on Friday.
Procurement prices were raised last year to 2,000 manats per tonne (about $1,176 per tonne), a 25 % increase designed to improve farm margins and encourage investment. The government has also channelled funds into fertiliser plants, grain elevators and new irrigation works to curb losses in the desert republic, officials said.
A Scientific Research Institute of Grain Farming, launched in 2024, supplied three high-yield varieties—Serdar, Arkadag and Pyragy—that accounted for most of this season’s plantings. The ministry said the hybrids outperform older cultivars by “10-15 %” in arid conditions, although independent data were not provided.
Turkmenistan, which targets self-sufficiency in staple foods, imported roughly 100,000 tonnes of milling wheat last year, according to United Nations trade figures. Officials expect the latest harvest to cover domestic demand and leave a modest surplus for strategic reserves.
The government is also allocating land from a Special Fund to private producers, part of wider reforms aimed at diversifying an economy still dominated by natural-gas exports. Further policy measures will be outlined at a cabinet meeting later this month, state media reported.
Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
Warren Buffett has stepped down as chairman of Berkshire Hathaway, marking the end of one of the most influential leadership tenures in corporate history and completing a succession process that has been years in the making.
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil refinery that has remade the country's fuel market to public ownership for the first time.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
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