Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth...
The Chinese foreign ministry said on Tuesday it would welcome visits by European Council President Antonio Costa and European Commission President Ursula von der Leyen at an appropriate time to jointly hold the next round of China-EU leaders' meetings.
The announcement comes as May 6 marks the 50th anniversary of diplomatic relations between China and the European Union. The milestone coincides with efforts by both sides to improve strained ties amid ongoing global trade uncertainty.
Chinese foreign ministry spokesperson Lin Jian said during a regular press conference that high-level dialogues on strategy, economy and trade, green development, and digitalisation will be held throughout the year, along with various other events.
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.
Saudi Arabia and Pakistan have formalised a mutual defence agreement, reinforcing a decades-long security partnership, Pakistani state television reported on Wednesday.
Polish Prime Minister Donald Tusk said on Wednesday that Russia bears responsibility for damage to a house in the village of Wyryki in eastern Poland. This statement comes amid media reports suggesting that the incident may have been caused by a stray Polish missile rather than a Russian drone.
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth and persistently high inflation.
The European Commission has proposed sanctions against several Israeli Cabinet ministers and violent settlers, alongside a partial suspension of Israel’s trade privileges with the bloc.
AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Caspian Sea.
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