Erdogan tells Trump Türkiye is ready to ease Israel-Iran tensions
Türkiye’s President Recep Tayyip Erdogan speaks with U.S. President Donald Trump, offering Ankara’s support to prevent the escalation between Israel and Iran.
European Digital Innovation Hubs (EDIHs) Network, aiming to accelerate digital transformation throughout the European Union, has expanded to Albania, Kosovo, Montenegro, North Macedonia, Serbia, Ukraine and Türkiye
These hubs will help local businesses, startups, and public institutions access cutting-edge technology, AI expertise and capacities, and funding, driving innovation and growth with a particular focus on AI.
As part of the call for proposals, 18 projects were selected - 7 from five Western Balkan (WB) partners, 5 from Türkiye, and 6 from Ukraine. The projects for the EDIHs in the WBs started in January 2025 will last four years. The budget of the call is €14.6 million, with €4.5 million going to the hubs in Ukraine, €4.5million going to hubs in Türkiye, €1.6million going to Serbia and €1 million going to Albania, Kosovo, Montenegro and North Macedonia respectively.
“Bringing the Western Balkans into the EDIH Network is a major step in their integration into the EU’s Digital Single Market and is part of the EU’s Growth Plan that supports partners’ digital transformation,” – says European Commission press-release. “A strong focus on AI adoption ensures that hubs can leverage AI-driven tools to enhance productivity, decision-making, and competitiveness across Europe.”
EDIHs are co-financed, with 50% of the funding coming from the Digital Europe Programme (DEP) and the remaining 50% from other national, regional or private sources.
Pakistan will begin its first freight train service to Russia from Lahore on June 22. The route is part of the INSTC and aims to connect Pakistan's rail network with Central Asia, establishing a new trade corridor via Iran, Turkmenistan, and Kazakhstan.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
The Israeli military has issued an evacuation advisory for Iranian civilians living near weapons production sites and associated infrastructure within Iran. The message was shared on the social media platform X in both Arabic and Farsi by an official military spokesperson.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
An Air India flight with 242 passengers on board crashed in Meghaninagar, close to Ahmedabad airport in Gujarat, on Thursday afternoon.
A delegation from the EBRD’s Board of Directors will visit Kazakhstan from 16 to 20 June 2025
The U.S. dollar advanced on Friday as investors rushed back into the currency and other safe-haven assets including U.S. Treasury bonds and gold after Israel launched widescale strikes against Iran, sparking Iranian retaliation.
US producer prices rose 2.6% annually in May, matching market expectations, with a modest 0.1% increase from April, the US Bureau of Labor Statistics reported.
The European Commission confirmed on Thursday it will postpone the implementation of new international banking regulations by a year, citing concerns over global alignment and competitiveness.
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.
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