Uzbekistan, Eritrea to establish diplomatic relations
Uzbekistan and the State of Eritrea signed a Joint Communiqué on the establishment of diplomatic relations through their respective UN Missions....
Gold surged to record highs, defying the strong dollar, while global stocks dipped as investors remained cautious ahead of the U.S. election. With rising U.S. Treasury yields and potential market volatility, attention turns to the economic impact of election outcomes.
Gold prices reached record highs on Wednesday, defying the dollar's strength, which has pressured both the yen and the euro. Meanwhile, global stock markets dipped as investors hesitated to make significant moves ahead of the upcoming U.S. election in two weeks.
Recent U.S. economic data has suggested continued growth, leading investors to reconsider the extent to which the Federal Reserve may cut interest rates.
U.S. Treasuries have faced declines, resulting in three-month high yields, driving the dollar to multi-month peaks against the euro, pound, and yen, which is now trading at around 150 per dollar, prompting caution from Japanese officials.
Despite the slight downturn in stocks, the market remains close to record highs, indicating that investors are currently optimistic about the economy and corporate earnings. The MSCI All-World Index was down 0.1%, mirroring similar declines in Europe and U.S. futures.
With the election just weeks away, market volatility is anticipated. Betting odds have recently shifted in favor of Donald Trump over Kamala Harris, though opinion polls indicate a tightly contested race. Investors are particularly attentive to the potential impact of another Trump presidency, especially his proposed tariffs and immigration restrictions, which could drive inflation higher.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening investor confidence.
Turkmenistan has gathered 1.407 million tonnes of wheat, matching its 2025 goal after a round-the-clock harvest on 690,000 hectares that officials say was bolstered by new combines and higher state purchase prices.
Azerbaijan Railways CJSC signed a Memorandum of Understanding with the Chinese company 'Xi'an Free Trade Port Construction and Operation' and has opened its representative office and container terminal in the Xi'an International Port.
The UK and Japan have signed a Memorandum of Cooperation (MoC) aimed at enabling increased UK investment into Japan, further strengthening the economic ties between the two nations.
German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.
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