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...
Senior U.S. and Chinese officials convened in Geneva over the weekend for in-depth discussions aimed at easing the trade tensions between the two economic powerhouses.
High-level delegations from the United States and China met in Geneva, resuming talks to address the ongoing trade war that poses risks to the global economy, sources told Reuters.
On Saturday, Chinese Vice Premier He Lifeng engaged in an eight-hour meeting with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. This marked their first in-person discussion since both nations imposed significant tariffs exceeding 100% on one another's goods.
Neither side disclosed details about the discussions or indicated substantial progress in lowering trade barriers as the talks concluded at the Swiss ambassador’s residence in Geneva.
Later, U.S. President Donald Trump described the meeting as constructive. “A very good meeting today with China, in Switzerland. Many things discussed, much agreed to,” he posted on his Truth Social platform, adding, “GREAT PROGRESS MADE!!!” without providing further specifics.
The talks were held at the U.N. ambassador's villa in the scenic Cologny suburb, chosen after Swiss officials facilitated the arrangement during visits to the U.S. and China.
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The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade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.
At least seven people remain missing following a massive explosion at a fireworks warehouse in the town of Esparto, Northern California, according to a report by NBC News citing local officials.
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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