live Iran says no progress on reviving interim peace deal with U.S.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source wh...
China’s latest development report links its modernisation drive with a stronger commitment to advancing growth opportunities in the Global South.
The China Development Report 2025 outlines how the country is pursuing high-quality modernisation while navigating global challenges. It frames China’s path around innovative, coordinated, green, open and shared development, presenting both domestic progress and a vision for global cooperation.
Foreign Ministry Spokesperson Guo Jiakun said the report demonstrates China’s resilience in a complex international environment. He stressed that “new quality productive forces are full of vigour,” and that China’s growth provides opportunities for other countries through openness and shared development.
A central theme is support for the Global South. Under the Global Development Initiative, more than US$23 billion has been mobilised and over 1,800 projects launched. Belt and Road cooperation is cited as a key driver of poverty reduction, with over 40 million people lifted out of poverty through infrastructure, trade and investment partnerships.
Guo also highlighted China’s trade platforms, including the China International Import Expo and the China International Supply Chain Expo, as gateways for wider market access. Beijing’s decision to grant zero-tariff treatment to all least developed countries with diplomatic ties to China, covering 100% of tariff lines, and the introduction of visa-free policies, were presented as further proof of lowering barriers.
“Development is an eternal theme of humanity, and no country should be left behind,” Guo said. “China’s modernisation will encourage other nations to move towards common development and progress.”
Disruption in the Strait of Hormuz has increased the strategic importance of Bab al-Mandab, raising fears that instability in both waterways could trigger a wider global energy and trade crisis.
Iran and the United States remain at loggerheads over efforts to agree a permanent end to the war in the Gulf, according to a senior Iranian source who said there had been no progress in talks to revive the interim deal agreed in June and define a timeframe to implement it.
U.S. President Donald Trump has called for Iran to pay compensation for decades of deaths and damage, adding a new demand to peace talks as Tehran seeks compensation and sanctions relief before reopening the Strait of Hormuz.
A criminal court in Damascus has sentenced former Syrian President Bashar al-Assad to death in absentia for premeditated murder, torture, arbitrary detention and crimes against humanity, according to Syria’s state news agency SANA.
Millions of people across Spain and Iceland are preparing on Wednesday to witness a rare total solar eclipse, when the moon will pass directly between Earth and the Sun, briefly turning daylight into darkness along a narrow path.
Millions of people across Spain and Iceland are preparing on Wednesday to witness a rare total solar eclipse, when the moon will pass directly between Earth and the Sun, briefly turning daylight into darkness along a narrow path.
Ukraine has agreed to refrain from targeting certain tankers using Russia’s Black Sea port of Novorossiysk following a request from U.S. Vice President JD Vance, the Financial Times reported, although Kyiv has continued strikes on Russian targets at the port.
Taiwan has criticised a planned joint naval exercise involving China and Indonesia near its eastern waters, describing it as a politically charged move designed to strengthen Beijing's claims over areas surrounding the island.
An overnight Ukrainian drone attack on Russia’s Black Sea port city of Novorossiysk killed an eight-year-old child, injured others and damaged residential buildings, port infrastructure and grain facilities, Russian officials and industry sources said on Wednesday.
Romanian military divers have destroyed two Gerbera-type drones found drifting near the Neptun Deep offshore gas development in the country’s Black Sea exclusive economic zone.
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