Start your day informed with AnewZ Morning Brief: here are the top news stories for March 4th , covering the latest developments you need to know.
1. Australia PM Anthony Albanese wins second three-year term
Labor Party leader becomes the first Australian prime minister to win a second consecutive three-year term in two decades.
Anthony Albanese has become the first Australian prime minister to win a second consecutive three-year term in two decades, in a dramatic comeback for his Labor Party in a general election dominated by the cost-of-living crisis.
2. Singapore's ruling party retains power with decisive election win
Singapore's ruling People's Action Party (PAP) extended its unbroken six-decade rule, clinching a 14th successive election victory, final results showed Sunday, according to media reports.
The PAP, which has ruled since before Singapore's 1965 independence, secured 87 of 97 parliamentary seats up for grabs, while the main opposition Workers' Party (WP) won 10 seats, according to The Strait Times.
The ruling party secured 65.57% of the vote, a commanding swing from a 61.24% share in the last general election.
3. Serbian President Vucic cuts US visit short due to health issue
Serbian President Aleksandar Vucic abruptly ended his visit to the US and returned to Belgrade after falling ill in the US state of Florida, Serbian officials said Saturday.
His delegation said Vucic began feeling unwell after meeting US congresswoman Claudia Tenney, former Illinois Gov. Rod Blagojevich and Serbian entrepreneurs in the US.
Vucic informed Finance Minister Sinisa Mali and presidential media advisor Suzana Vasiljevic that he was not feeling well and left for Serbia on the first available flight.
4. Zelenskyy dismisses Putin's 3-day truce offer as theatrics
Ukrainian President Volodymyr Zelenskyy has slammed the three-day truce declared by Russia's President Vladimir Putin from May 8-10 as a "theatrical performance."
Zelenskyy also said Ukraine "cannot bear responsibility for what happens" to foreign leaders attending the World War II commemoration ceremony in Moscow on May 9 and that guaranteeing the security of foreign dignitaries in Russia is up to the Kremlin.
5. Buffett to step down as Berkshire CEO after 60 years at helm, passes baton to Abel
Warren Buffett is ending his career as perhaps the world's most famous and revered investor, saying he will step down as chief executive of Berkshire Hathaway (BRKa.N), opens new tab at the end of 2025, and hand over the reins to Vice Chairman Greg Abel.
The move caps an era for Berkshire after Buffett's extraordinary 60 years at the helm, which made him a household name, a multi-billionaire and an American success story.
"I think the time has arrived where Greg should become the chief executive officer of the company at year end," Buffett, 94, said on Saturday as he wrapped up Berkshire's annual meeting in Omaha, adding he would still "hang around and conceivably be useful in a few cases" but that the "final word" would be Abel's.
6. Binance partners with Kyrgyzstan to boost crypto development
Binance and the Kyrgyz National Agency for Investments have signed a strategic MoU to accelerate the country's digital-asset sector.
The partnership will bring crypto payments to Kyrgyzstan through Binance Pay and support educational initiatives relying on Binance Academy’s expertise.
The collaboration marks a major step toward building a sustainable, innovation-friendly crypto ecosystem in Central Asia.
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Following changes to visa policies earlier this year, several international students in the United States experienced disruptions to their education and employment. While U.S. authorities have since begun restoring student statuses, challenges remain for those affected.
Azerbaijani presidential climate envoy Mukhtar Babayev is set to participate in the Astana International Forum 2025, focusing on global challenges and future cooperation.
Uzbekistan’s Foreign Minister Bakhtiyor Saidov met with UK Foreign Secretary David Lammy in London to discuss strengthening bilateral relations, covering trade, investment, culture, and global challenges. Both sides signed a Cooperation Program for 2025-2026 to deepen their partnership.
As of May 19, 2025, Romania's interim President Ilie Bolojan has authorized the military to shoot down unauthorized drones entering the country's airspace.
The UK and the European Union have reached their most significant post-Brexit agreement yet, resetting trade and defence ties amid rising global instability and U.S. President Donald Trump’s disruption of the global order.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The World Bank stands as one of the most influential international financial institutions, shaping economic development across continents through financial support, technical assistance, and policy guidance.
Beginning June 30, 2025, Russia will implement a new digital pre-registration system for foreign nationals entering the country under a visa-free regime, according to updated government regulations.
Following changes to visa policies earlier this year, several international students in the United States experienced disruptions to their education and employment. While U.S. authorities have since begun restoring student statuses, challenges remain for those affected.
As of May 19, 2025, Romania's interim President Ilie Bolojan has authorized the military to shoot down unauthorized drones entering the country's airspace.
The UK and the European Union have reached their most significant post-Brexit agreement yet, resetting trade and defence ties amid rising global instability and U.S. President Donald Trump’s disruption of the global order.
Following changes to visa policies earlier this year, several international students in the United States experienced disruptions to their education and employment. While U.S. authorities have since begun restoring student statuses, challenges remain for those affected.
Azerbaijani presidential climate envoy Mukhtar Babayev is set to participate in the Astana International Forum 2025, focusing on global challenges and future cooperation.
Uzbekistan’s Foreign Minister Bakhtiyor Saidov met with UK Foreign Secretary David Lammy in London to discuss strengthening bilateral relations, covering trade, investment, culture, and global challenges. Both sides signed a Cooperation Program for 2025-2026 to deepen their partnership.
As of May 19, 2025, Romania's interim President Ilie Bolojan has authorized the military to shoot down unauthorized drones entering the country's airspace.
The UK and the European Union have reached their most significant post-Brexit agreement yet, resetting trade and defence ties amid rising global instability and U.S. President Donald Trump’s disruption of the global order.
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