Türkiye’s trade minister says talks in U.S. boost path toward $100B trade target
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral tr...
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.
Japan has lifted a tsunami advisory issued after an earthquake with a magnitude of 6.9 hit the country's northeastern region on Friday (12 December), the Japan Meteorological Agency (JMA) said. The JMA had earlier put the earthquake's preliminary magnitude at 6.7.
Iran is preparing to host a multilateral regional meeting next week in a bid to mediate between Afghanistan and Pakistan.
The United States issued new sanctions targeting Venezuela on Thursday, imposing curbs on three nephews of President Nicolas Maduro's wife, as well as six crude oil tankers and shipping companies linked to them, as Washington ramps up pressure on Caracas.
The resignation of Bulgaria's government on Thursday (11 December) puts an end to an increasingly unpopular coalition but is likely to usher in a period of prolonged political instability on the eve of the Black Sea nation's entry into the euro zone.
An extratropical cyclone has caused widespread disruption across Brazil’s São Paulo state, with powerful winds toppling trees and power lines, blocking streets and leaving large parts of the region without electricity.
Türkiye’s Trade Minister Omer Bolat said Friday that discussions in Washington with U.S. officials have strengthened efforts to expand bilateral trade, moving closer to a $100 billion target.
Lebanon is prepared to demarcate its border with Syria, President Joseph Aoun said on Friday, while noting that the dispute over the Shebaa Farms could be addressed at a later stage.
Greek farmers blocked the Port of Thessaloniki on Friday as part of nationwide protests demanding delayed European Union subsidies and compensation for rising production costs and livestock losses.
Türkiye’s President Recep Tayyip Erdoğan and Pakistani Prime Minister Shahbaz Sharif held talks on Friday during the International Peace and Trust Forum in Ashgabat, Turkmenistan, focusing on bilateral relations as well as regional and global issues
ussian President Vladimir Putin described Moscow’s relations with Baghdad as historically strong and unbroken during a meeting with Iraqi President Abdul Latif Rashid in Turkmenistan.
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