Türkiye: Zangezur corridor in Azerbaijan is set to drive regional trade
The long-awaited Zangezur Corridor in Azerbaijan, is set to become a vital transit artery—integrating the Turkic world and revitalising the Middle C...
Venezuela's economy saw a year-over-year growth of 9.3% in the first quarter of 2025, according to the country's central bank. This marks a slight increase compared to the 9.1% growth rate recorded in the same period last year.
The central bank's report, released on Thursday, also highlighted a significant 18.23% rise in Venezuela's oil activity during the first quarter, reflecting a continued recovery in the country’s key oil sector. Despite this growth, analysts caution that the country's economic outlook for the remainder of the year may be negatively impacted by the intensification of U.S. sanctions.
These sanctions, which have been a long-standing source of economic pressure, include a new deadline of May 27 for foreign partners of state oil company PDVSA to cease operations. Additionally, new tariffs on oil and gas exports could further strain Venezuela’s economic performance.
While the government has repeatedly blamed sanctions for the country’s ongoing economic difficulties, the reported growth in both the overall economy and the oil sector suggests some resilience in the face of these external pressures.
The Venezuelan economy continues to navigate the complex landscape of international sanctions, internal reforms, and oil market fluctuations, with much uncertainty surrounding its future growth prospects.
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.
Displaced Palestinians fled Gaza City overnight on Thursday (18 September), moving southwards after Israeli forces ordered residents of the city to evacuate to the south.
Hundreds of thousands of workers, students and pharmacists staged strikes and demonstrations across France on Thursday against looming budget cuts, intensifying pressure on President Emmanuel Macron and his new prime minister.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 18th of September, covering the latest developments you need to know.
Thai police have fired tear gas and rubber bullets at Cambodian civilians in a disputed border area on Wednesday, authorities in both countries said. It's the most significant escalation since they declared a ceasefire to end a deadly five-day conflict in July.
Cuba has called for the United Nations to stop the United States from starting a war in the region, amid rising tensions due to a military build-up in the Caribbean to counter drug cartels.
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