Russia's car imports down 63% in first half of 2025
Russia’s car imports dropped by 63% in the first six months of 2025 compared to the same period last year, falling to 149,300 units, according to da...
Argentina has finalized a $20 billion IMF deal to stabilize reserves and repay existing debt amid severe economic challenges.
Argentina’s Economy Minister Luis Caputo has announced a $20 billion loan agreement with the International Monetary Fund (IMF).
The South American nation, grappling with triple-digit inflation and mounting debt has been in negotiations with the IMF for months. Until now, neither side had disclosed the size of the planned deal.
The announcement is the first official confirmation of the agreement’s value, following talks between the IMF and President Javier Milei’s administration.
Argentina remains the IMF’s largest borrower and is still repaying a $44 billion loan from 2022. An earlier program in 2018 under former President Mauricio Macri originally totaled $57 billion.
Of the new $20 billion, approximately $8 billion will bolster central bank reserves, while $12 billion will go toward servicing existing IMF debt. The agreement includes a ten-year repayment period with a four-and-a-half-year grace period.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
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.
Türkiye and Vietnam signed a new defence cooperation protocol on Tuesday during the IDEF 2025 international defence fair in Istanbul, marking a significant step forward in bilateral military ties.
Russia’s car imports dropped by 63% in the first six months of 2025 compared to the same period last year, falling to 149,300 units, according to data released by Russian automotive analytics agency Avtostat.
President Donald Trump announced Tuesday that he may soon travel to China for a meeting with Chinese President Xi Jinping, describing the potential trip as happening in the 'not-too-distant future.'
U.S. President Donald Trump announced a new trade deal with Japan on Tuesday, calling it one of the largest agreements ever made.
Iran, Russia and China have held a trilateral meeting in Tehran to discuss nuclear negotiations and sanctions on Iran, according to state news agency IRNA.
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