China warns of more floods as extreme storms hit the country
China issued red alerts as extreme monsoon rain trigger flash floods across central and southern regions, threatening lives, and infrastructure.
A freight train loaded with steel products, air conditioners, and other goods departed Wujiashan Station in Wuhan, marking the official launch of a regular freight service connecting central China with Central Asia.
The train is expected to arrive in Tashkent, the capital of Uzbekistan, within ten days.
The regular freight service launched on 12th April will integrate Hubei’s manufacturing output into international supply chains as well as strengthen trade ties between Hubei Province and Central Asian markets.
Wuhan operates weekly freight routes to Central Asia, increasing its monthly freight capacity to 440 containers, or approximately 7,500 tons of goods.
Currently, automobiles, auto parts, optoelectronic products, and agricultural goods produced in Hubei are in strong demand across the region.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
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.
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.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
The World Bank is pushing for “radical” debt transparency from developing countries to prevent future financial crises, warning that hidden debts are fueling instability.
European stock markets ended the day in negative territory following interest rate decisions by major central banks, including the U.S. Federal Reserve (Fed) and the Bank of England (BoE).
South Korea’s new administration proposed $14.7 billion in additional spending on Thursday to boost weak domestic demand, as President Lee Jae Myung pushes economic recovery as his top priority.
If the European Central Bank adjusts interest rates in the next six months, the move would likely be a cut, ECB policymaker Francois Villeroy de Galhau said on Thursday.
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