Trump says Xi told him China would not invade Taiwan while he is president
U.S. President Donald Trump said on Friday that Chinese President Xi Jinping assured him China would not invade Taiwan during Trump’s presidency, ad...
Fitch Solutions (FS) forecasts Azerbaijan’s annual inflation to stay below 5% over the next decade.
The country's average inflation over the past ten years was 5.5%. While high food prices and the Russia-Ukraine war continue to exert pressure, inflation is expected to ease gradually.
FS projects inflation at 4% in 2025, rising to 4.7% by 2027, then slowing to 2.7% in 2029 and 0.1% by 2034. The exchange rate is expected to remain stable, supported by steady oil and gas revenues.
The Central Bank of Azerbaijan (CBA) targets inflation at 4±2% and relies on exchange rate control for price stability. Unlike the sharp devaluation in 2015, CBA is now in a stronger position, though high dollarization (48.4% of deposits in foreign currency) limits monetary policy effectiveness.
A four-year plan aims for inflation targeting by 2026, potentially increasing exchange rate flexibility.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
South Sudan and Israel have held talks on a plan to resettle Palestinians from war-torn Gaza in the African nation, three sources told Reuters, though Palestinian leaders have called the idea unacceptable.
Kyrgyzstan’s economy expanded by 11.5 percent in the first seven months of 2025, reaching 9.9 billion U.S. dollars, official data shows.
Astana, the capital of Kazakhstan, is set to become a meeting point for musicians from across the Asian continent as it prepares to host the first-ever Silk Way Star vocal competition this August. The announcement was made during a press conference at the Kazmedia Center.
The Washington Agreement between Armenia and Azerbaijan has sparked a mix of hope, doubt, and cautious realism among Armenians.
From factories to battery plants, Türkiye’s robotics surge is boosting output, quality, and global recognition.
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