live U.S. and Iran agree to ceasefire deal, parties to meet in Switzerland on Friday
U.S. President Donald Trump said a preliminary agreement to end the war in the Gulf has been signed by the U.S. and Iran, though details have yet to b...
Chinese President Xi Jinping has pledged to boost mutual investment and deepen economic cooperation with Russia, as Moscow faces growing Western sanctions and trade pressure.
Speaking in Beijing on Tuesday during talks with Russian Prime Minister Mikhail Mishustin, Xi said China and Russia would continue strengthening ties despite a “turbulent external environment”, according to state broadcaster CCTV.
The meeting took place at the Great Hall of the People, a day after Chinese Premier Li Qiang also met Mishustin in Hangzhou and voiced support for enhanced cooperation and joint security efforts.
Xi said safeguarding and advancing the China-Russia relationship was a “strategic choice for both sides” and pointed to potential growth in sectors such as energy, agriculture, aerospace, the digital economy and green development.
Mishustin called for continued efforts to support joint investment projects, according to Russia’s TASS news agency.
The talks come as Russia seeks to stabilise economic ties with its main strategic partner following a decline in bilateral trade. China, which had been a key buyer of Russian oil, saw state firms pause seaborne purchases last month due to U.S. sanctions on major Russian producers Rosneft and Lukoil, Reuters reported.
Trade between the two countries reached a record $240 billion in 2023, but has slowed in recent months amid U.S. pressure on China over its commercial and technological links with Moscow.
In a joint communique published on Tuesday, China and Russia vowed to “respond appropriately to external challenges” and reinforce cooperation “in all spheres”.
Russia also reaffirmed its support for the “one-China” policy and its opposition to “Taiwan independence”, aligning with Beijing’s long-standing position. Taiwan’s government has rejected China’s sovereignty claim, asserting that the island’s future must be decided by its people.
Xi and Russian President Vladimir Putin declared a “no-limits” partnership in February 2022, shortly before Moscow launched its full-scale invasion of Ukraine. Since then, Beijing has become a key economic lifeline for Russia, with increased yuan-based settlements and deepening energy ties.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, killing at least one person and injuring four, according to emergency authorities.
Seven people have been arrested in Italy over suspected sabotage attacks on high-speed railway lines during the Winter Olympics earlier this year.
Pakistan's heavy reliance on imported energy was laid bare by the U.S.-Iran conflict, which disrupted regional supplies, drove up costs and exposed vulnerabilities in the country's energy security. However, a proposed peace agreement now offers hope for economic relief.
The UK has unveiled a major new package of sanctions against Russia, targeting the shadow fleet, military supply chains and financial networks that support the Kremlin's war in Ukraine.
Russian sailors aboard a naval frigate fired warning shots at a civilian yacht in the English Channel on Tuesday after the vessel reportedly came too close, according to a source familiar with the incident.
Leaders of the Group of Seven (G7) have called for a strong and coordinated international response to the Ebola outbreak in the Democratic Republic of the Congo, urging countries to commit more resources to contain the spread of the virus.
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