Australia confirms $1.3bn U.S. missile deal amid defence spending push
Australia has finalised a AU $2 billion ($1.3 billion) purchase of U.S. made supersonic missiles, reinforcing its commitment to defence investment whi...
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.
The Los Angeles County Fire Department and the California Highway Patrol said the bus crashed into railway tracks running alongside Sierra Highway shortly before 11:20 am local time, causing the vehicle to overturn.
Initial reports to emergency services indicated that nearly 20 people sustained injuries.
The bus involved is operated by Kern Transit, a company that provides interregional transportation services.
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.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
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.
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.
The Women's Forum of the Economic Cooperation Organization (ECO) commenced on 2 July in the city of Lachin, located in Azerbaijan.
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