Germany plans to release an additional €3bn in military aid for Ukraine, marking a breakthrough after Chancellor Olaf Scholz had previously blocked the funds over borrowing rule concerns.
The German government plans to provide an additional 3 billion euros ($3.3 billion) in military aid to Ukraine, with Finance Minister Joerg Kukies informing parliament's budgetary committee of the decision, according to a draft document obtained by Reuters.
This move is considered a breakthrough after outgoing Chancellor Olaf Scholz had previously blocked the extra aid, demanding an easing of borrowing rules as a condition.
On Tuesday, parliament voted in favor of a significant reform of fiscal rules.
Despite government efforts to curb short-term tourist rentals amid a housing crisis, Spain has seen a 25% surge in such accommodations over the past two years, outpacing hotel growth and fueling public backlash over rising living costs.
Kazakhstan’s banking sector is experiencing robust growth in 2025, led by a surge in retail and consumer lending, with total loans rising sharply despite high interest rates and macroeconomic uncertainties.
Peace talks between Russia and Ukraine ended abruptly in Istanbul on Monday, lasting just over an hour amid mounting tensions following a major Ukrainian drone strike on Russian strategic bombers and renewed pressure from the U.S. for a breakthrough.
Uzbekistan’s trade, accommodation, and food service industries maintained robust growth in the first quarter of 2025, with Gross Value Added (GVA) in these sectors reaching 39.1 trillion soums (approximately $3.8 billion), according to data from the National Statistical Committee.
A Swedish government-appointed commission has called for the phased end of international adoptions, citing decades of illegal and unethical practices that harmed children and their biological families.
Despite government efforts to curb short-term tourist rentals amid a housing crisis, Spain has seen a 25% surge in such accommodations over the past two years, outpacing hotel growth and fueling public backlash over rising living costs.
A sudden collapse at Mount Etna’s southeast crater has triggered a powerful volcanic eruption in Sicily, sending ash and lava into the skies above Catania.
Kazakhstan’s banking sector is experiencing robust growth in 2025, led by a surge in retail and consumer lending, with total loans rising sharply despite high interest rates and macroeconomic uncertainties.
Uzbekistan’s trade, accommodation, and food service industries maintained robust growth in the first quarter of 2025, with Gross Value Added (GVA) in these sectors reaching 39.1 trillion soums (approximately $3.8 billion), according to data from the National Statistical Committee.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
The State Oil Company of Azerbaijan (SOCAR) and Canada’s Gran Tierra Energy Inc. signed a Memorandum of Understanding on the sidelines of the 30th Anniversary International Caspian Oil and Gas Exhibition held as part of Baku Energy Week.
Heavy flooding has wreaked havoc in southwestern China’s Yunnan province, destroying dozens of homes and vital infrastructure in the Nujiang Lisu Autonomous Prefecture, local authorities reported on Monday.
Despite government efforts to curb short-term tourist rentals amid a housing crisis, Spain has seen a 25% surge in such accommodations over the past two years, outpacing hotel growth and fueling public backlash over rising living costs.
A sudden collapse at Mount Etna’s southeast crater has triggered a powerful volcanic eruption in Sicily, sending ash and lava into the skies above Catania.
A Swedish government-appointed commission has called for the phased end of international adoptions, citing decades of illegal and unethical practices that harmed children and their biological families.
Despite government efforts to curb short-term tourist rentals amid a housing crisis, Spain has seen a 25% surge in such accommodations over the past two years, outpacing hotel growth and fueling public backlash over rising living costs.
A sudden collapse at Mount Etna’s southeast crater has triggered a powerful volcanic eruption in Sicily, sending ash and lava into the skies above Catania.
Kazakhstan’s banking sector is experiencing robust growth in 2025, led by a surge in retail and consumer lending, with total loans rising sharply despite high interest rates and macroeconomic uncertainties.
Uzbekistan’s trade, accommodation, and food service industries maintained robust growth in the first quarter of 2025, with Gross Value Added (GVA) in these sectors reaching 39.1 trillion soums (approximately $3.8 billion), according to data from the National Statistical Committee.
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