Powell warns: Fed’s rate forecasts are subject to change
Federal Reserve Chair Jerome Powell warned that interest rate forecasts may change based on future data and highlighted expected inflation growth in the coming months.
The 65th General Assembly of the Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC) convened in Baku on June 18, bringing together parliamentary delegations and international representatives to discuss regional cooperation and sustainable development.
Speaker of the Milli Majlis of Azerbaijan and acting PABSEC President Sahiba Gafarova addressed the opening session, stressing the role of such gatherings in strengthening mutual understanding among nations. She noted that Azerbaijan prioritizes dialogue, peace, and international cooperation, and described Baku as a growing hub for regional exchange and partnership.
Gafarova also underscored the importance of inter-parliamentary collaboration, legislative harmonization, and upholding the rule of law.
Speakers of the national assemblies of Bulgaria and North Macedonia — Nataliya Kiselova and Afrim Gashi — as well as PABSEC Secretary General Asaf Hajiyev also took the floor, highlighting the need for stronger regional ties, peace, security, and infrastructure development. Emphasis was placed on improving transportation links and promoting eco-friendly transport solutions in the Black Sea region.
As part of the session, Speaker Sahiba Gafarova was presented with the PABSEC “Honor” medal in recognition of her contributions to the organization. The PABSEC presidency was officially handed over to the Bulgarian National Assembly for the next term.
Throughout the General Assembly’s sessions, delegates reviewed reports on the organization’s work in economic, legal, social, and humanitarian areas. Discussions also addressed key topics such as strengthening connectivity in the region through sustainable transport infrastructure, combating organized crime, and expanding access to education and employment for people with disabilities.
The Assembly concluded with the adoption of key decisions and confirmation of the agenda and date for the upcoming autumn session.
The event gathered delegations from Azerbaijan, Albania, Bulgaria, Georgia, Romania, Serbia, North Macedonia, Türkiye, Ukraine, and Greece, alongside representatives from organizations such as TURKPA, BSEC, BSTDB, and other international institutions.
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.
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.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
Türkiye’s Defense Minister Yaşar Güler said cooperation between Türkiye and Azerbaijan is vital for regional peace and stability, highlighting their strong defense under the principle “Two states, one nation, one army.”
Türkiye’s Minister of National Defense Yaşar Güler announced that security measures along the borders have been increased due to recent developments at the Iranian border. Güler traveled to Van with high-ranking military officials to conduct inspections along the Iran border.
Russian President Vladimir Putin said a peaceful resolution between Iran and Israel is possible if all sides are involved. He emphasized the need to respect Iran’s right to peaceful nuclear energy and ensure Israel’s security.
Russian President Vladimir Putin has stated that Moscow remains open to dialogue and negotiations on all issues, including Ukraine. He made these remarks during a traditional meeting with the heads of leading global news agencies held as part of the St. Petersburg International Economic Forum SPIEF
Putin Highlights Strengthening Russia-Vietnam Energy Ties at SPIEF
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