Vietnam to finalise $8bn boeing deal in US trade pact
Vietnam is set to confirm the purchase of 50 Boeing planes worth $8 billion, alongside agreements to import $2.9 billion in US agricultural products, ...
Poland will invest nearly $665 million in building three ammunition factories, aiming to boost defence readiness amid growing regional tensions.
Poland's State Assets Ministry announced that four companies under the Polish Armaments Group (PGZ) will receive 2.4 billion zlotys ($664.80 million) to build three ammunition plants. This move is part of a broader European effort to enhance military capabilities and reduce reliance on the United States.
"Our goal is to quickly scale up domestic production of ammunition critical to modern warfare," said State Assets Minister Jakub Jaworowski.
The factories will produce 155 mm artillery shells, in high demand since Russia’s 2022 invasion of Ukraine depleted European stockpiles.
PGZ plans to increase its annual output to at least 150,000 shells by late 2027 or early 2028. Current production is deemed inadequate, according to officials. The Polish Armaments Group Head, Adam Leszkiewicz emphasized the urgency of the project.
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.
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.
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.
The Pentagon says U.S. strikes on Iranian nuclear sites have degraded Tehran’s programme by as much as two years, following attacks last month that used heavy bunker-buster bombs.
A CIA review has identified procedural flaws in a 2016 assessment that Russia sought to help Donald Trump win the U.S. presidency, but it did not challenge the core conclusion that President Vladimir Putin directed the influence campaign.
Scientists have sequenced the full genome of a man buried in pharaonic Egypt over 4,500 years ago, revealing that about 20% of his ancestry came from Mesopotamia, in a rare discovery linking the two early civilisations.
A federal judge has halted President Donald Trump’s controversial asylum ban at the US-Mexico border, ruling that the move oversteps his executive powers. The decision marks a major legal setback for Trump’s immigration policies and upholds protections for migrants seeking refuge.
Vietnam is set to confirm the purchase of 50 Boeing planes worth $8 billion, alongside agreements to import $2.9 billion in US agricultural products, as part of a wider trade deal. The announcement follows high-level talks between US and Vietnamese officials, signalling strengthened economic ties be
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