US mortgage rates rise slightly with refinancing applications up
U.S. mortgage interest rates saw slight changes last week as applications for refinancing increased, even though home purchase applications dipped.
Turkish President Recep Tayyip Erdogan emphasized Türkiye and Azerbaijan’s strategic partnership in energy, highlighting their growing role in ensuring regional and European energy security.
Turkish President Recep Tayyip Erdogan sent a message to the opening of the 30th Baku Energy Week, stressing the deep-rooted cooperation between Türkiye and Azerbaijan in the energy sector. He noted that major projects like the Baku-Tbilisi-Ceyhan, Baku-Tbilisi-Erzurum pipelines, and TANAP not only benefit both nations but also contribute significantly to the energy security of the region and Europe. The newly launched Iğdır-Nakhchivan pipeline was cited as the latest success in this collaboration, enhancing energy supply to Nakhchivan and strengthening bilateral ties.
Erdogan underlined the strategic importance of expanding the electricity interconnection between Türkiye and Azerbaijan. He also highlighted the necessity of increasing capacities on Türkiye-Nakhchivan and Türkiye-Georgia lines. A new agreement was signed with Azerbaijan, Georgia, and Bulgaria for a green electricity transmission and trade initiative, which Erdogan described as a historic step for regional energy security.
He further stated that Azerbaijan has a vital role in supplying natural gas to Türkiye and Europe, and there is a key opportunity to cooperate on transporting Turkmen gas through Azerbaijan and Türkiye. Erdogan concluded his message by expressing strong support for Baku Energy Week and extending warm greetings to President Ilham Aliyev and all participants.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
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.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Russia has expressed its readiness to support the signing of a peace treaty between Azerbaijan and Armenia to ensure regional stability and security.
Masked law enforcement officers have detained Archbishop Bagrat Galstanyan, leader of the 'Sacred Struggle' movement in Armenia. He is accused of preparing terrorist attacks and an alleged attempt to seize power, according to the Investigative Committee.
Kazakhstan’s Prime Minister Olzhas Bektenov has announced a major reform initiative aimed at strengthening national sovereignty in the country’s space sector.
An explosive device detonated on an armoured combat-engineering vehicle in Khan Younis in Gaza, killing seven Israeli soldiers and seriously wounding another soldier on Tuesday (24 June).
Iran’s parliamentary committee has approved a draft bill to suspend cooperation with the International Atomic Energy Agency (IAEA) until Tehran receives firm guarantees on the agency’s conduct.
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