live U.S., Iran closer to deal, timing remains unclear
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
Georgia’s real gross domestic product (GDP) grew by 6.4% year-on-year in the third quarter of 2025, reaching GEL 27.9 billion, according to preliminary data released by the National Statistics Office (Geostat).
Geostat reported that the fastest-growing sector was information and communication, which surged by 21.1%, closely followed by education, up 20.7%. Financial and insurance activities also saw strong growth at 14.7%, while arts, entertainment, and recreation expanded by 13%. Public administration and defence, including compulsory social security, rose by 9.7%, and transportation and storage increased by 8.1%. Wholesale and retail trade, including the repair of motor vehicles and motorcycles, grew by 3.0%.
However, not all sectors saw growth during the quarter. Mining and quarrying declined by 8.7%, while agriculture, forestry, and fishing fell by 5.4%. The supply of electricity, gas, steam, and air conditioning also dipped by 3.3%.
Looking at GDP share, trade remains the largest sector at 15%, followed by manufacturing at 9.4%, real estate activities at 8.8%, and construction at 8.4%. Information and communication accounts for 7.4%, agriculture, forestry, and fishing 7.3%, public administration 6%, and education 5.4%.
Overall, the data underscores a continued shift in Georgia’s economy towards knowledge-based and service sectors, even as traditional industries such as agriculture and mining face mounting challenges.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celebrations across New York City.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
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