S&P 500 ends flat despite tech gains as Trump’s trade policies hit U.S. economy
The S&P 500 barely budged Wednesday as weak job and service sector data revealed the economic fallout from President Trump’s trade war tactics.
In the Khojaly genocide, 613 people, including more than 100 women and 60 children, were killed. However, according to President Ilham Aliyev, Azerbaijan must look towards the future. He made these remarks during his speech at the opening ceremony of the 12th Global Baku Forum.
"We must establish peace in the South Caucasus," President Aliyev said, emphasizing that Azerbaijan is committed to the peace process and is, in fact, the author of the peace agreement. He added that the peace agreement between Armenia and Azerbaijan is currently being discussed, and most of its provisions have already been agreed upon.
"We Fought for Our Dignity Based on International Law"
President Ilham Aliyev also highlighted that Azerbaijan fought for its dignity in line with international law. He recalled that the United Nations Security Council resolutions remained on paper for 27 years and stated that if Azerbaijan had not liberated its territories by force, the situation would have remained the same for another 27 years.
The head of state noted that, sometimes, the use of force is necessary to achieve peace and restore justice: "We see today how the European Union is changing its policy to build a stronger military potential. We see that some countries are spending their resources to strengthen their military potential and infrastructure. We have been doing this for at least 20 years – since 2005. Since then, we have built a strong army. That army liberated territories, ended separatism, and, as a result, the territorial integrity and sovereignty of our country were fully restored. This is not only a manifestation of the strong will of the Azerbaijani people but also a demonstration of international justice," President Aliyev added.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
China on Wednesday sharply criticized U.S. Republican presidential candidate and Secretary of State Marco Rubio over his remarks commemorating the 1989 Tiananmen Square protests, accusing the United States of “distorting historical facts” and attacking China’s political system.
Kazakhstan and Kyrgyzstan have agreed to coordinate efforts in monitoring and controlling locust infestations along their shared border, as concerns mount over potential threats to regional agriculture.
A vibrant cultural exchange fair celebrating the rich traditions of Kazakhstan and China drew large crowds to Abai Square in Almaty this week, offering visitors an immersive experience into the music, cuisine, and crafts of both nations.
Azerbaijan and China are exploring expanded cooperation to increase the number of container block trains traversing the Middle Corridor, a vital East-West freight route linking China with Europe via Central Asia and the South Caucasus.
A devastating drought gripping parts of China’s key wheat-growing regions has severely cut harvest yields for many farmers, raising fresh concerns about agricultural resilience in the world’s largest wheat producer.
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