Uzbekistan, Eritrea to establish diplomatic relations
Uzbekistan and the State of Eritrea signed a Joint Communiqué on the establishment of diplomatic relations through their respective UN Missions....
Jens Stoltenberg, the former NATO Secretary General, has been appointed as the country’s new finance minister.
In a key development for Norway, Jens Stoltenberg, the former NATO Secretary General, has been appointed as the country’s new finance minister following a cabinet reshuffle.
Stoltenberg takes over the role at a critical time as Norway prepares for the potential economic consequences of a trade conflict between the U.S. and Europe, particularly the risk of a transatlantic trade war.
Stoltenberg, a well-respected figure in both national and international politics, served as Norway's prime minister twice—first from 2000 to 2001 and again from 2005 to 2013—before leading NATO for a decade. His time as NATO head saw him navigate significant challenges, including managing U.S. President Donald Trump's pressure on NATO allies to increase defence spending.
The veteran politician's appointment comes at a time when the Labour government has been struggling after the eurosceptic Centre Party quit the coalition in a dispute over European Union energy policies. With Stoltenberg's widespread popularity among Norwegians, both from his time at NATO and afterward, his appointment is expected to boost Labour’s prospects in the upcoming elections.
Stoltenberg's economic experience is also notable. As prime minister, he established the so-called spending rule, which limits the use of Norway’s sovereign wealth fund to no more than 4% of its total value in national budgets, ensuring long-term fiscal sustainability. Despite initial plans to become Norway’s central bank chief in 2022, Stoltenberg chose to remain at NATO at the request of U.S. President Joe Biden, further underscoring his international importance.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
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