World Bank calls for 'radical' debt transparency to avoid crises
The World Bank is pushing for “radical” debt transparency from developing countries to prevent future financial crises, warning that hidden debts are fueling instability.
Armenian Prime Minister Nikol Pashinyan confidently announced that there will be no war between Armenia and Azerbaijan, emphasizing a shared commitment to a peaceful and prosperous future for the region.
“There will be no war between Armenia and Azerbaijan – there will be peace!” Armenian Prime Minister Nikol Pashinyan stated, expressing a firm belief in the peaceful future of the South Caucasus.
“Today, we have the opportunity to contribute to a peaceful and prosperous future for our region. The draft agreement on peace and the establishment of interstate relations between Armenia and Azerbaijan has been finalised and is awaiting signature, and we will follow this path. Our region has earned the right to live in peace and prosperity - and that is how it should be”, he said.
Pashinyan affirmed that Armenia remains steadfast in its pursuit of peace with Azerbaijan. He emphasized that the region has earned the right to enjoy peace and prosperity, stressing that this vision is the path forward for both nations.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
The 19th General Assembly of the Organization of Asia-Pacific News Agencies (OANA) is underway in St. Petersburg, Russia. The gathering, which brings together 41 news agencies from 33 countries, is being hosted by the TASS news agency as part of the St. Petersburg International Economic Forum.
Israeli Prime Minister Benjamin Netanyahu reiterated his assassination threat against Iranian Supreme Leader Ayatollah Ali Khamenei, stating that he has instructed the military that “no one is untouchable in Iran."
Azerbaijan continues the process of evacuating Azerbaijani citizens and foreigners from Iran, according to the Minister of Foreign Affairs of the Republic of Azerbaijan (MFA), along with the embassy in the Islamic Republic of Iran and the consulate general in Tabriz.
Moscow urged the Israeli government to immediately stop its attacks on Iran’s nuclear sites. Maria Zakharova, spokesperson for the Russian Foreign Ministry, made the announcement during a press conference at the St. Petersburg International Economic Forum (SPIEF).
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