Gold heads for weekly loss, spotlight on Trump-Putin talks
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for ...
Indonesia has assured Australia that no Russian military aircraft will be stationed at an airbase in its Papua province, dismissing recent reports as false, according to Australian Defence Minister Richard Marles.
Australian Defence Minister Richard Marles confirmed on Wednesday that Indonesia has provided clear assurances denying any intention to host Russian military aircraft at an airbase in its easternmost province of Papua.
Marles said he spoke directly with his Indonesian counterpart, Sjafrie Sjamsoeddin, who rejected a recent report suggesting Russia had lodged a request to deploy long-range warplanes at Manuhua Air Force Base, located in Biak Numfor, roughly 1,300 kilometres from the Australian city of Darwin.
The matter gained political attention after Australian opposition leader Peter Dutton raised the issue during an election campaign, claiming Prime Minister Anthony Albanese had been informed of the situation. Dutton’s remarks followed a report by the defence publication Janes, which alleged that Russia sought to station aircraft at the site.
Marles firmly dismissed both the report and Dutton’s claims, stating that Indonesia had made it “utterly clear” such reports were “completely false” and the country had “no intention” of hosting Russian aircraft. He also criticised Dutton for suggesting Indonesian President Prabowo Subianto had publicly confirmed Russia's request, calling it “completely wrong.”
Meanwhile, on Tuesday, Russia’s First Deputy Prime Minister Denis Manturov met with President Prabowo in Jakarta to discuss trade relations, including progress on a free trade agreement with the Eurasian Economic Union. Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, said they hoped to finalise the agreement by the time of Prabowo’s expected visit to Russia for the St. Petersburg International Economic Forum, scheduled for 18–21 June.
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.
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.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
Gold prices were steady on Friday but remained on track for a weekly decline, as stronger-than-expected U.S. inflation data dampened expectations for interest rate cuts and shifted market attention to the meeting between U.S. President Donald Trump and Russian President Vladimir Putin.
Donald Trump travelled to Alaska on Friday for what he described as a “high-stakes” summit with Russian president Vladimir Putin, aimed at securing a ceasefire in Ukraine and ending the deadliest conflict in Europe since the Second World War.
U.S. President Donald Trump announced plans for new tariffs on steel and semiconductor imports, aiming to boost domestic manufacturing while offering initial exemptions for companies investing in the U.S.
Two people were injured in a shooting near a mosque in the Swedish city of Örebro on Friday, police said.
U.S. President Donald Trump said he would not negotiate on Ukraine’s behalf during his meeting with Russian President Vladimir Putin on Friday, stressing that Kyiv must decide whether to pursue any territorial swaps with Moscow.
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