Kyrgyzstan moves to rename Jalal-Abad city to Manas in effort to promote National identity
Kyrgyzstan's Jogorku Kenesh has passed a draft law in all three readings to rename the city of Jalal-Abad to Manas. The initiative originated from loc...
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The report highlights the long-term fiscal impact of Berlin’s shift away from its traditional austerity stance. In March, the German parliament approved sweeping spending plans, including a €500 billion ($584 billion) infrastructure fund and a significant boost to defence expenditure.
Scope analyst Julian Zimmermann warned that growing outlays on interest payments, pensions, and healthcare would erode fiscal flexibility. “Despite rising borrowing, the pressure to consolidate the government’s core budget will increase over time,” he said.
According to Scope, the share of freely available funds in the federal budget could plummet from 24% to just 3% by 2035 unless structural reforms in areas such as pensions and the labour market are implemented.
While the infrastructure fund could lift Germany’s long-term growth potential from 0.7% to 1%, the economic stimulus from defence spending will be more limited.
For every euro invested in defence, only 50 cents is expected to directly benefit the domestic economy, the report noted.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Kyrgyzstan's Jogorku Kenesh has passed a draft law in all three readings to rename the city of Jalal-Abad to Manas. The initiative originated from local residents and received unanimous support from the city council.
US. Defence Secretary Pete Hegseth and other senior U.S. officials held rare direct virtual talks with their Chinese counterparts notably Defence Minister Dong Jun amid growing tensions.
Belarus released 52 prisoners of various nationalities on Thursday following a request from U.S. President Donald Trump, with the detainees heading to Lithuania alongside the U.S. delegation that negotiated their release, the U.S. embassy in Vilnius confirmed.
World oil supply is expected to grow more rapidly this year, with a surplus potentially expanding in 2026 as OPEC+ members increase output and production from non-OPEC countries rises, according to the International Energy Agency (IEA). This contrasts with OPEC's revised outlook.
Belarusian President Alexander Lukashenko recently held a five-hour meeting with John Cole, a representative of U.S. President Donald Trump, in Minsk.
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