Treasury Secretary Bessent calls for "entire" review of Fed
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its ...
Bulgaria’s parliament has approved a new government led by Rosen Zhelyazkov, concluding months of negotiations following the October snap election. Zhelyazkov committed to strengthening the rule of law, enhancing economic stability, and advancing eurozone accession, underscoring the need
Bulgaria’s parliament has approved a new cabinet led by Rosen Zhelyazkov, ending months of political negotiations following the October snap election, the country’s seventh in four years.
Zhelyazkov, a former parliament speaker, was nominated by the centre-right GERB-SDS group, which won the most seats but faced prolonged coalition talks before securing the mandate from President Rumen Radev. His government was confirmed on Thursday, with 125 out of 240 lawmakers voting in favour.
Bulgaria has struggled with political instability since 2020, when anti-graft protests led to the fall of a GERB-led coalition. As the EU’s poorest member state, it requires stable governance to advance economic reforms, absorb EU funds, and progress towards eurozone membership, which has been delayed due to missed inflation targets.
In his address to parliament, Zhelyazkov stressed the need for rule of law, economic competitiveness, security, and social protections. He pledged to accelerate eurozone accession, a key policy priority for the new government.
As a NATO member, Bulgaria also faces external security challenges, making political stability crucial for both its domestic and international commitments.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its control over interest rate policy, as the Trump administration steps up its campaign to assert greater oversight over the central bank.
The Trump administration is preparing to introduce new rules that would restrict or potentially block imports of Chinese-made drones and medium to heavy-duty vehicles, citing national security concerns.
British Prime Minister Keir Starmer carried out a major cabinet reshuffle on Friday (September 5), appointing new deputies as well as foreign and interior ministers in a bid to reassert control following the resignation of his deputy, Angela Rayner.
Australian driver Daniel Ricciardo confirmed on Friday (September 5) that his racing career has come to an end, announcing he will take on a new role as a global motorsports ambassador for Ford.
Lebanon’s cabinet on Friday (September 5) endorsed an army proposal to disarm Hezbollah, saying the military would begin implementing it, though without a set timeline and while noting the army’s limited resources.
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