live Sustainable reconstruction on the agenda as WUF13 comes to a close in Azerbaijan
As the 13th edition of the World Urban Forum nears an end, Azerbaijan's Pavilion will showcase reconstruction efforts in its liberated territor...
Former Bulgarian President Rumen Radev said on Friday that the country will hold a snap election after political parties failed to form a government following the resignation of the previous administration amid widespread protests.
Radev confirmed the decision after offering the Alliance for Rights and Freedoms a final mandate to try to form a cabinet. The party declined, becoming the third political group this week to reject the opportunity, leaving no viable path to a governing majority in parliament.
“We are going to elections,” Radev said.
The move will trigger Bulgaria’s eighth parliamentary election in four years, underscoring prolonged political instability in the European Union’s poorest member state.
Prime Minister Rosen Zhelyazkov’s coalition, backed by the largest parliamentary group GERB-SDS, resigned last month after weeks of street protests against entrenched corruption and a controversial budget that proposed tax increases. His resignation came just days before Bulgaria officially joined the euro zone on 1 January.
Under Bulgaria’s constitution, the president must offer mandates in sequence to parliamentary groups to attempt to form a government. GERB-SDS and the reformist PP-DB alliance both rejected Radev’s earlier offers, citing a lack of support in the fragmented legislature.
No party holds enough seats to assemble a stable majority, forcing the president to appoint a caretaker government and set a date for new elections.
Analysts warn that continued political deadlock could delay reforms, slow the absorption of European Union funds, deter foreign investment and hinder efforts to tackle systemic corruption, despite Bulgaria’s recent entry into the euro zone.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Belarusian President Alexander Lukashenko has said Belarus will not be dragged into the war in Ukraine, while also stressing that Minsk and Moscow would jointly respond to any aggression against them.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
A French appeals court has found Airbus and Air France guilty of corporate manslaughter over the 2009 Rio–Paris crash, marking a major development in a case that has stretched on for 17 years.
Serbian President Aleksandar Vučić said he was pessimistic that an agreement would be reached before Friday’s deadline regarding Hungarian oil company MOL group's bid to acquire a majority stake in Naftna Industrija Srbije (NIS), the operator of Serbia’s only oil refinery.
U.S. President Donald Trump surprised NATO allies by announcing plans to deploy an additional 5,000 American troops to Poland, just hours before Secretary of State Marco Rubio was due to meet alliance ministers in Sweden on Friday against the backdrop of growing divisions over the Iran war.
SpaceX stopped the launch of its 12th Starship rocket from Texas on Thursday and said it will attempt the high-stakes test flight again on Friday, as Elon Musk's space company nears a record-breaking public listing.
The U.S. has arrested Adys Lastres Morera, the sister of the head of GAESA, a military-run business group which owns Cuba’s most profitable enterprises, including the island’s five-star hotels, and its largest port.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 22nd May, covering the latest developments you need to know.
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