Nvidia becomes world’s most valuable company again as shares hit new high
U.S. chipmaker Nvidia has reclaimed its title as the world’s most valuable company after its shares surged to a record high.
U.S. Secretary of State Marco Rubio announced that all NATO member states are expected to agree on a long-term goal of spending 5% of their GDP on defense by the time of the 2025 NATO Summit in June.
U.S. Secretary of State Marco Rubio stated that all NATO members are on track to agree to a defense spending goal of 5% of GDP over the next decade, aligning with U.S. expectations ahead of the NATO Summit scheduled for June 24-25, 2025, in the Netherlands.
Speaking on Fox News' "Hannity," Rubio highlighted growing momentum among alliance members toward increased military investment. “I can tell you that we are headed for a summit in six weeks, in which virtually every member of NATO will be at or above 2%, but more importantly, many of them will be over 4%, and all will have agreed on the goal of reaching 5% over the next decade,” he said.
The statement marks a significant shift from the past, particularly during President Donald Trump's first term (2017–2021), when he criticized NATO allies for underinvesting in collective defense and cut U.S. funding to the alliance.
Germany, long criticized for falling short of NATO’s 2% target, announced in January that it had met the benchmark for 2024. This week, German Foreign Minister Johann Wadephul confirmed Berlin’s support for increasing defense spending to 5% of GDP, echoing Trump's recent demands for greater burden-sharing.
The push for higher military expenditures comes amid heightened global security concerns and efforts to strengthen NATO's deterrence capabilities. If confirmed, the 5% target would mark the most ambitious collective defense spending commitment in the alliance's history.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
The World Bank has approved over $1 billion in new funding to support rebuilding efforts and infrastructure development in Iraq, Syria, and Lebanon.
U.S. President Donald Trump has demanded that Israeli Prime Minister Benjamin Netanyahu’s corruption trial be cancelled, calling the case a “witch hunt” and suggesting Netanyahu should be pardoned.
The fragile ceasefire between Iran and Israel held for a second day on Wednesday, as U.S. President Donald Trump confirmed that American and Iranian officials are expected to engage in talks next week—marking a possible diplomatic shift after nearly two weeks of regional warfare.
Chinese Foreign Minister Wang Yi on Wednesday called on the European Union to strengthen trust and cooperation with China, saying the two sides should focus on mutual success rather than rivalry.
Rafael Mariano Grossi, head of the International Atomic Energy Agency (IAEA), said Iran’s cooperation with the agency is not optional but a legal requirement.
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