Baykar finalises takeover of Italy’s Piaggio Aerospace
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a...
The UN has called for an inclusive political transition in Syria, stressing that progress in this area is critical for securing the economic aid needed to rebuild the war-torn country. UN special envoy Geir Pedersen emphasized that inclusive political transition in Syria is crucial.
United Nations special envoy Geir Pedersen emphasized that progress toward an inclusive political transition in Syria is crucial for obtaining the economic support the country urgently needs. Speaking to the Security Council, he noted that reconstruction efforts and sanctions relief are essential.
Pedersen and U.N. aid chief Tom Fletcher briefed the council from Damascus, following the ousting of President Bashar al-Assad by insurgent forces led by the Islamist group Hayat Tahrir al-Sham (HTS). Syria’s economic challenges are compounded by sanctions imposed on HTS, formerly affiliated with al Qaeda.
Fletcher urged countries to ensure sanctions and counter-terrorism measures do not hinder humanitarian aid, as over 70% of Syria’s population (17 million people) requires assistance. Diplomats see lifting sanctions as a potential tool to ensure Syria's new leadership meets its commitments while trying to avoid challenges like those faced in Afghanistan after the Taliban's takeover.
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.
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.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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