live Iran pushes for end to blockade and war in Lebanon in U.S. proposal response - Middle East conflict on 11 May
U.S. President Donald Trump called Iran’s response to Washington’s latest peace proposal “totally unacceptable” a...
Switzerland has emerged as a key destination for Azerbaijani non-oil goods, with imports tripling in the first four months of 2025.
From January to April 2025, Azerbaijan exported $100.5 million worth of non-oil products to Switzerland—three times more than the same period last year, marking a $66.6 million surge. Switzerland accounted for 9.41% of Azerbaijan’s total non-oil exports during this period, ranking fourth among its top markets. Overall, Azerbaijan’s foreign trade turnover reached $16.9 billion, up 24.1% from 2024. Exports totaled $8.8 billion (a 7.5% increase), while imports jumped by 48.8% to $8.1 billion.
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Spain, France are evacuating nationals as three deaths are confirmed. In the U.S., two passengers have been isolated after testing positive for the virus.
Indonesian rescue teams have located two Singaporeans who went missing after Mount Dukono erupted on Friday (8 May) on the island of Halmahera, though authorities say it remains unclear whether they are alive.
A memorandum of understanding has been signed between Baku State University (BSU) and the international television channel AnewZ, marking a new stage of cooperation in journalism education and media development.
British Prime Minister Keir Starmer vowed to carry on as leader on Friday (8 May) after his ruling Labour Party suffered heavy losses in local elections. Labour lost hundreds of councillors across the country, as some figures in the party said he should stand down.
China’s leading chipmakers are funnelling unprecedented sums into research and development as Beijing accelerates efforts to reduce reliance on foreign technology amid intensifying U.S. export restrictions.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
Stocks around the world climbed to fresh record highs on Wednesday (6 May), while oil prices fell sharply, after reports suggested the United States and Iran were nearing an agreement to end conflict.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
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