Khankendi to host 17th ECO summit
Azerbaijan is an active member of the Economic Cooperation Organisation (ECO), and hosting the 17th ECO Summit in the country highlights its growing r...
Peru has ordered a 30-day suspension of mining activities in the northern district of Pataz, following the kidnapping and killing of 13 gold mine workers by illegal mining gangs, President Dina Boluarte announced on Monday.
In response to the escalating violence, the government will also establish a military base in the region and implement a dusk-to-dawn curfew from 6 p.m. to 6 a.m. to restore order.
“The armed forces will take control of the area where Poderosa operates,” Boluarte said, referring to Compañía Minera Poderosa, a major gold mining company in the area.
The announcement follows confirmation from Poderosa on Sunday that the bodies of 13 workers from a contracting firm had been recovered after being abducted last month. The incident is part of a broader pattern of violence in Pataz, where criminal groups have increasingly targeted mining operations.
Poderosa claims that nearly 40 people, including contractors and artisanal miners, have been killed in the region in recent months. The company has accused illegal mining gangs of systematically infiltrating its territory since 2020, despite an existing state of emergency and heavy security presence.
While Peru is the world’s third-largest copper producer, its gold and silver resources are concentrated in the north, where operations like those in Pataz are now facing a serious security crisis.
Mining and Energy Minister Morge Montoro said the pause in operations could be extended beyond 30 days, depending on the security situation.
The killings and subsequent crackdown underscore the growing challenge posed by illegal mining and organized crime in Peru, which threatens not only public safety but also the stability of one of the country’s most vital economic sectors.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
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A delegation from Azerbaijan, led by MP Qaya Məmmədov, took part in the annual session of the Organisation for Security and Cooperation in Europe Parliamentary Assembly (OSCE PA), held from 28 June to 3 July in Porto, Portugal.
Chinese scientists have unveiled PlantGPT, the first large language model-based artificial intelligence designed specifically for plant functional genomics.
UN Secretary-General António Guterres on Thursday warned that the humanitarian situation in the Gaza Strip has reached a critical level and called for an immediate and lasting ceasefire. He emphasised that vital infrastructure is on the verge of collapse due to a severe fuel shortage.
The US House of Representatives approved a significant tax-cut and spending bill on Thursday, passing it by a narrow margin of 218 to 214. The legislation has now been sent to President Donald Trump for his signature.
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