Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washington’s 3.5% GDP spending target.
The missiles will equip Australia’s F/A-18 and F-35 jets, and a new army unit targeting aerial threats up to 500 km away. Despite this significant investment, Prime Minister Anthony Albanese has resisted U.S. pressure to raise defence spending to 3.5% of GDP, sticking to a projected 2.3% by 2033.
Foreign Minister Penny Wong emphasized Australia’s 'capability approach' and noted the current boost as the country's largest peacetime military funding increase.
"I know there will be more capability required, I think we all understand that, and we will fund the capability Australia needs," she said.
A planned meeting between Albanese and President Donald Trump at the G7 was cancelled due to Trump’s early departure amid escalating Israel-Iran tensions, though a rescheduling is underway.
Armenia has expressed its intention to join the Shanghai Cooperation Organisation (SCO), Foreign Ministry spokesperson Ani Badalyan announced....
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy are expected to discuss the sudden pause in American weapons shipments to Ukra...
Russia and Ukraine are coordinating dates for a new negotiation round in Istanbul, with both sides awaiting timeline proposals, Kremlin spokesman Dmit...
Afghan leaders seek deeper economic and political engagement with Azerbaijan during the 17th ECO Summit in Baku, as both nations discuss trade, infras...
Russia actively shifted its trade focus away from Europe and the United States, redirecting it toward markets in friendly countries—primarily China,...
Last June, the Middle East witnessed one of its most dramatic military confrontations in recent history—a 12-day clash between Iran and Israel. Iran proclaimed victory, with Supreme Leader Ayatollah Ali Khamenei claiming that the Islamic Republic had defeated both Israel and the United States
Afghan leaders seek deeper economic and political engagement with Azerbaijan during the 17th ECO Summit in Baku, as both nations discuss trade, infrastructure, and diplomatic ties.
Portuguese footballer Diogo Jota, a forward for Liverpool, has died in a car crash in Spain at the age of 28, just days after his wedding.
Australia has finalised a AU $2 billion ($1.3 billion) purchase of U.S. made supersonic missiles, reinforcing its commitment to defence investment while stopping short of U.S. calls to adopt a higher military spending target.
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.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
A British Royal Navy F-35 fighter jet that has remained grounded in southern India since mid-June may soon be dismantled and transported back to the UK by military transport, as repair efforts continue to stall, according to a report by India Today.
The World Health Organization (WHO) has called for a 50% price increase on sugary drinks, alcohol, and tobacco over the next decade, pushing for taxation as a means to reduce chronic diseases and raise funds for health systems.
German Chancellor Friedrich Merz called on the European Union to resolve its tariff dispute with the United States swiftly to safeguard critical industries such as cars, steel, and pharmaceuticals.
The European Union has raised Ukraine's electricity export capacity by 38.5%, enabling the country to generate additional revenue to repair energy infrastructure damaged by Russian attacks.
The independent transmission operator ICGB will conduct annual auctions on July 7th and 21st for firm and interruptible capacity on the Greece-Bulgaria gas interconnector, offering participants a chance to secure key gas transmission capacity.
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