Flash floods in Texas kill 24, dozens still missing
Flash floods in Kerr County, Texas, have left 24 dead and many still missing, including girls from a summer camp, after the Guadalupe River surged 26 ...
Turkmenistan’s gross domestic product (GDP) grew by 6.3% in January–May 2025 compared to the same period last year, according to Deputy Prime Minister Hojamyrat Geldimyradov, who presented macroeconomic data to the Cabinet of Ministers.
Key sector growth rates during the period:
Total industrial production increased 9.7%, while retail turnover rose 12.5% and foreign trade turnover grew 5.4% year-on-year.
The state budget performance was solid, with revenues executed at 101.2% and expenditures at 97.6%. Salaries in large and medium-sized enterprises increased 11.4%. Social payments, including pensions and student stipends, were reported to be paid on time.
Capital investment from all sources was up 16.3%, and progress continues under the National Rural Program.
President Serdar Berdimuhamedov emphasized the need to sustain economic momentum and directed strict oversight of national development programs.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Afghanistan’s Deputy Prime Minister for Economic Affairs, Abdul Ghani Baradar, met with Azerbaijani Prime Minister Ali Asadov in Baku to discuss expanding trade and developing the Lapis Lazuli transport corridor.
Azerbaijan and Kyrgyzstan have explored new avenues for energy cooperation during a high-level meeting in Baku.
Türkiye’s President and Iranian President met on the sidelines of the 17th Economic Cooperation Organization summit in Khankendi, Azerbaijan, highlighting the event’s regional significance.
In his speech at the Economic Cooperation Organization Summit held in Khankendi, the President of Uzbekistan urged to define the medium and long-term development priorities of the organization and put forward a proposal to adopt the concept of 'Strategic Goals of Economic Cooperation – 2035.
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