Record-breaking U.S.-Africa Business Summit yields $2.5 billion in deals
Over $2.5 billion in new deals and commitments between the United States and African partners were announced at the 17th summit, underscoring the U.S....
The EU has announced sanctions over a dozen individuals from Iran, including top officials and three airlines, due to providing Russia with military equipment
At a meeting in Luxembourg on Monday, European Union foreign ministers imposed sanctions on several Iranian officials and entities accused of involvement in supplying missiles and drones to Russia for use in its war against Ukraine. The sanctions target seven individuals, including Iran’s deputy defense minister Seyed Hamzeh Ghalandari, as well as seven entities, such as Iran Air.
The EU claims these companies have been involved in transferring military equipment and drones to Russia through transnational procurement networks.
The measures also target two firms linked to the production of rocket and missile propellants. The individuals and companies involved will face an asset freeze and a travel ban within the EU.
This move follows similar sanctions imposed by the UK, France, Germany, and the United States over Iran’s military support to Russia. European Commission President Ursula von der Leyen expressed support for the sanctions but emphasized the need for further action. “The Iranian regime's support to Russia's war of aggression against Ukraine is unacceptable and must stop,” von der Leyen stated on social media.
The sanctions come amid broader tensions in the Middle East, with the EU foreign ministers also urging Israel to halt attacks on UN peacekeepers stationed at the Israel-Lebanon border.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
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.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
China’s resale home prices fell at an accelerated pace in June, deepening concerns about the country’s ailing property market and underscoring the limited impact of recent government support measures, a private survey showed on Tuesday.
China’s manufacturing sector expanded in June for the first time in three months, according to a private-sector survey released Tuesday, signaling a modest recovery in domestic demand even as export pressures persist.
Factory activity across much of Asia remained subdued in June as the uncertainty surrounding U.S. trade policy weighed heavily on manufacturing sentiment, even as some economies reported slight improvements in output.
The Communist Party of China (CPC) has surpassed a 100 million members, marking a "significant milestone" ahead of its 104th founding anniversary, the party announced on Monday.
China said Monday that its decades-long boundary dispute with India is “complicated” and will require time to resolve, while expressing openness to continued diplomatic engagement.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment