live SCO: Azerbaijan's Aliyev and Armenia's PM Pashinyan hold meeting in Bishkek
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, on the s...
Lesotho’s government warned that a new 15% U.S. tariff on its textile exports, though reduced from a proposed 50%, could still cripple its economy. Officials say the cut is not enough to protect jobs in the garment industry, which depends heavily on duty-free access to the U.S. market.
While the reduction was welcomed in some quarters, officials in Maseru said the impact could still be devastating.
The country’s Trade and Industry Minister, Mokhethi Shelile, said the lowered rate offered little relief, arguing that Lesotho could not compete with countries that remained tariff-free.
“For me it’s still like 50%,” Shelile said. “Our people in the garment industry will not compete. And they are, both are in the same market as us, and it would be quite easy for the buyers to switch their allegiance.”
The textile sector accounts for a large share of Lesotho’s formal employment and exports. But with some buyers already pulling out, workers and vendors said they were beginning to feel the pressure.
The government said it would continue lobbying Washington for a complete exemption. Without urgent intervention, business owners and unions warn the industry—one of Lesotho’s few economic lifelines—may not survive.
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit.
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S. fulfils its commitments, a senior Iranian diplomat said on Saturday.
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Iran.
Russian strikes on the Kyiv region overnight killed 37 people, Ukrainian President Volodymyr Zelenskyy has said. Zelenskyy added that the Ukrainian capital was under "virtually nonstop attack" from drones.
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases in Jordan in the first direct U.S.-Iran military escalation in weeks.
Pakistan is set to take over the rotating chairmanship of the Shanghai Cooperation Organisation after the bloc’s leaders meet in Bishkek. Prime Minister Shehbaz Sharif arrived on Friday to attend the SCO Council of Heads of State meeting and SCO Plus Summit, which run until 2 September.
Israeli Prime Minister Benjamin Netanyahu has condemned the actions of Israeli settlers in the West Bank village of Qusra, saying security operations should be handled only by state institutions, including the army and police.
Rescue teams in Nepal, supported by Chinese and Indian experts, worked through the night to reach hundreds of people believed to be trapped inside blocked hydropower project tunnels following last week’s catastrophic Himalayan flood.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 31st of August, covering the latest developments.
Around 20 people are reported missing after flooding struck parts of Grand Canyon National Park in the U.S. state of Arizona, prompting evacuations of people to safety and a large-scale response from park authorities.
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