Australia seals $1.3B U.S. missile deal, rejects higher defence target
Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washingt...
Azerbaijan and Uzbekistan signed a series of significant agreements on 2 July, focusing on agriculture, transport, trade, education, social protection, and environmental cooperation.
A formal document exchange ceremony between Azerbaijan and Uzbekistan took place in Khiva on 2 July, with both nations’ leaders, President Ilham Aliyev of Azerbaijan and President Shavkat Mirziyoyev of Uzbekistan, participating.
The key agreements signed included a 'Practical Action Plan' on agriculture and food security for 2025-2027, a 'Protocol of Intent' for shipping and shipbuilding cooperation, and a trade action plan aiming to increase bilateral trade to $1 billion by 2030.
Other significant agreements included the 'Program of Industrial Cooperation' between both countries for 2025-2027, and a cooperation deal in science, vocational, and higher education.
Foreign Ministers Jeyhun Bayramov of Azerbaijan and Bakhtiyor Saidov of Uzbekistan also signed several agreements covering social protection, environmental protection, and the mutual recognition of customs institutions.
Additionally, protocols were established for sister city relationships between Sumgayit and Tashkent Province, Gabala and Navoi, and for improving services for children with special needs and vulnerable groups.
The documents highlight the strengthening ties between the two nations across multiple sectors, emphasizing long-term collaboration and strategic partnerships.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
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.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
Xiaomi will consider selling its electric vehicles outside China starting in 2027, CEO Lei Jun said, citing strong local demand for its SU7 sedan and newly launched YU7 SUV.
A bus operated by Kern Transit overturned on Tuesday morning, after hitting railway tracks alongside Sierra Highway in Lancaster, California, according to authorities. Approximately 20 people, including an eight-year-old boy, were reported injured in the accident, according to emergency services.
Presidents Ilham Aliyev and Shavkat Mirziyoyev jointly inaugurated the new embassy of Uzbekistan in Baku, marking a significant step in strengthening bilateral strategic partnership on 2 July.
The Türkiye-China Media Forum was held in Ankara on 2 July. Organised by the Communications Directorate of the Turkish Presidency, the event marked the fourth in a series of international media forums conducted within the framework of Türkiye’s Communications Model.
On 2 July, the Prime Minister of the Republic of Azerbaijan, Ali Asadov, held a meeting with the President of the Turkish Republic of Northern Cyprus, Ersin Tatar.
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