live Trump says ceasefire is on ‘life support’ after calling Iran’s reply a ‘stupid proposal’ - Middle East conflict 11 May
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” say...
A delegation from the EBRD’s Board of Directors will visit Kazakhstan from 16 to 20 June 2025
During their five-day stay, the Directors will meet senior officials to discuss reforms and priorities for the national economy.
They will also have a chance to see selected projects supported by the Bank and hold meetings with representatives of international financial institutions, the diplomatic community and civil society.
Representatives from the EBRD Board of Directors visiting Kazakhstan will include:
Elisabeth Vitzthum, Director for Austria, Israel, Cyprus, Malta, Kazakhstan, Bosnia and Herzegovina
René van Hell, Director for Netherlands, China, Mongolia, North Macedonia, Armenia
Michael Offer, Director for Germany
Dimitris Metaxas-Trikardos, Director for Portugal, Greece, San Marino, India
Liliana de Sá Kirchknopf, Director for Switzerland, Ukraine, Liechtenstein, Turkmenistan, Serbia, Montenegro, Uzbekistan
Piotr Szpunar, Director for Poland, Bulgaria, Albania
Mikko Autti, Alternate Director for Norway, Finland, Latvia, Lebanon
Anders Garly Andersen, Alternate Director for Ireland, Denmark, Lithuania, Kosovo
Rok Ponikvar, Alternate Director for Belgium, Slovenia, Luxembourg
Clement Seitz, Alternate Director for France
In 2025 the EBRD marks 33 years since Kazakhstan joined the Bank. The EBRD has invested more than €11 billion across 339 projects in Kazakhstan, with most of the funds supporting private entrepreneurship. This is the Bank’s largest continuous banking operation of the EBRD in Central Asia.
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.
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” saying Tehran failed to commit to abandoning its pursuit of a nuclear weapon, while warning the fragile ceasefire was on “massive life support”.
President Donald Trump called Iran’s response to a US war proposal “totally unacceptable” after Tehran sent its reply through mediator Pakistan, according to IRNA. Qatar’s al-Thani also warned Iran against using the Strait of Hormuz as “a pressure tool”.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
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.
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