Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth...
Tens of thousands of New Zealanders protested outside parliament on Tuesday against a bill that critics say would weaken Maori rights by altering the interpretation of the Treaty of Waitangi, raising concerns about reversing decades of progress for Indigenous communities.
Tens of thousands of New Zealanders gathered outside parliament on Tuesday to protest a bill that critics argue could weaken Maori rights and damage race relations. The bill, introduced by the libertarian ACT New Zealand party, seeks to reinterpret the 1840 Treaty of Waitangi, which established the governance agreement between the British Crown and Maori chiefs.
The protest, one of the country’s largest ever, saw an estimated 35,000 people chanting "kill the bill" and calling for the preservation of Maori cultural identity and rights. Some protesters wore traditional Maori attire and carried cultural symbols, while others participated in a nine-day hikoi (march) from the country’s far north to Wellington.
Although the bill lacks sufficient support to pass, it has sparked concerns among critics who believe it aims to reverse decades of policies designed to empower the Maori, who make up about 20% of the population but are disproportionately affected by social disadvantage. Despite a lack of broad support, the legislation has ignited passionate opposition, with many fearing it could undo progress made in Maori rights and recognition over the years.
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 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.
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.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Saudi Arabia and Pakistan have formalised a mutual defence agreement, reinforcing a decades-long security partnership, Pakistani state television reported on Wednesday.
Polish Prime Minister Donald Tusk said on Wednesday that Russia bears responsibility for damage to a house in the village of Wyryki in eastern Poland. This statement comes amid media reports suggesting that the incident may have been caused by a stray Polish missile rather than a Russian drone.
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth and persistently high inflation.
The European Commission has proposed sanctions against several Israeli Cabinet ministers and violent settlers, alongside a partial suspension of Israel’s trade privileges with the bloc.
AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Caspian Sea.
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