Chinese premier, Russian PM co-chair 30th regular meeting in Hangzhou
Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin reaffirmed the strength of bilateral relations during the 30th regular meeting b...
Australia will not raise its defence spending targets despite pressure from U.S. President Donald Trump, choosing instead to follow its own military strategy, Defence Minister Richard Marles said on Thursday.
Speaking on the sidelines of the NATO summit in the Netherlands, Australian Defense Minister Richard Marles told reporters that the country would maintain its current defence budget path, focusing on national priorities rather than international pressure.
Marles' comments come as U.S. President Donald Trump continues to push allies to spend more on defence, threatening those who resist with tougher trade policies. Trump recently criticized Spain for refusing to adopt NATO’s proposed 5% of GDP defence spending target and suggested punitive trade measures may follow.
Australia, which is not a NATO member, currently spends around 2% of GDP on defence and plans to increase this to 2.3% by 2033–2034. Marles emphasized that this decision reflects Australia’s own strategic assessments, not external demands.
“We have gone through our own process of assessing our strategic landscape... and what that has seen is the biggest peacetime increase in Australian defence spending,” he said.
Despite efforts by Canberra to secure a first face-to-face meeting between a senior Australian official and President Trump, Marles did not speak directly with the U.S. president or Defence Secretary Pete Hegseth during the summit.
Australia is also in talks to gain exemptions from new U.S. tariffs, including a 50% levy on steel and aluminium, but officials have not indicated whether a breakthrough is likely.
Ukraine’s top military commander has confirmed that troops are facing “difficult conditions” defending the strategic eastern town of Pokrovsk against a multi-thousand Russian force.
Russia has launched its new nuclear-powered submarine, the Khabarovsk, at the Sevmash shipyard in Severodvinsk, the Defence Ministry said Saturday.
Armenia will offer Azerbaijani as an optional subject for 10-12th grade students in three schools from the 2025/2026 academic year as part of a state programme to develop foreign and regional languages.
A man and a woman were killed and several others injured in a shooting on the Greek island of Crete on Saturday, in what police officials described as a family vendetta, reviving memories of the island’s long and complex history of inter-family violence.
Two men accused of stealing €88 million worth of jewels from Paris’ Louvre Museum have been charged and remanded in custody, as investigators continue to search for the missing treasures.
Chinese electric carmaker BYD is making major strides in Europe, with sales surging nearly fivefold in September from a year earlier to just under 25,000 new registrations.
U.S. stocks were mixed late Wednesday as traders digested comments from Federal Reserve Chair Jerome Powell, who signaled that another interest rate cut in December is far from guaranteed. The Dow Jones Industrial Average and S&P 500 edged slightly lower, while the Nasdaq climbed on continued gains
U.S. chipmaker Nvidia has made history by becoming the first company in the world to reach a market value of 5 trillion dollars, driven by soaring demand for artificial intelligence technologies.
Nokia announced on Tuesday that chipmaker Nvidia will acquire a $1 billion stake in the company.
Türkiye’s main stock index, BIST 100, closed on Friday at 10,941.79 points, recording a 3.14% increase.
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