Ferry sinks off Bali coast, dozens missing as rescue underway
A tragic ferry accident off the coast of Bali has left four dead and dozens missing, with rough seas complicating rescue efforts....
Germany has approved a major arms deal with Türkiye for the first time in years.
Berlin's Federal Security Council authorized the sale, valued at $368 million, which includes 100 anti-aircraft missiles and materials to modernize Turkish submarines and frigates.
The package features 28 SeaHake torpedoes from Thyssenkrupp's naval division and parts for Turkish U209 submarines, corvettes, and frigates. This comes as Türkiye seeks to buy 20 Eurofighter jets, worth $5.6 billion, though the deal has faced delays due to opposition within Germany's government.
While Germany has been hesitant about the Eurofighter sale due to Türkiye’s gas drilling in the eastern Mediterranean, Ankara’s purchase of F-16s from the U.S. has moved forward, with U.S. Congress recently approving a deal for 40 new jets and upgrades to 79 existing ones.
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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