Germany’s producer prices fall 1.2% in May, driven by lower energy costs
Germany’s producer prices dropped 1.2% year-on-year in May, in line with market expectations, largely due to falling energy prices, official data showed Friday.
Turkish Foreign Minister Hakan Fidan and his Saudi counterpart Prince Faisal bin Farhan convened in Riyadh for the second session of the Turkish-Saudi Coordination Council, aiming to strengthen ties and address regional challenges.
Turkish Foreign Minister Hakan Fidan met with his Saudi counterpart, Prince Faisal bin Farhan, in Riyadh for the second session of the Turkish-Saudi Coordination Council. This marks Fidan’s third visit to Saudi Arabia in the past year, reflecting the strengthening ties between the two nations.
Established in 2016, the Turkish-Saudi Coordination Council aims to institutionalize and enhance bilateral relations. Discussions during this session focused on advancing diplomatic, economic, and security cooperation while addressing key regional issues.
The Council comprises five subcommittees covering diplomacy, security, culture, social development, and economic collaboration. Since the Council's inception, Türkiye and Saudi Arabia have deepened their economic partnership, with bilateral trade reaching approximately $8 billion in 2024.
In addition to economic ties, both nations collaborate on regional matters, including their involvement in the Gaza Contact Group, showcasing their shared commitment to addressing regional challenges.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
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.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
China issued red alerts as extreme monsoon rains trigger flash floods across central and southern regions, threatening lives, infrastructure, and the world’s second-largest economy.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 20th, covering the latest developments you need to know.
A deadly overnight Russian drone assault on Ukraine’s Black Sea port city of Odesa left one person dead and at least 14 injured, striking residential buildings and key rail infrastructure, according to local authorities.
There are international calls to seek a diplomatic solution amid rising tensions in the Middle East and to prevent Iran from acquiring nuclear weapons. That's according to U.S. Secretary of State Marco Rubio and key international allies who discussed the escalating conflict between Iran and Israel.
Canada warns the U.S. to reach a trade deal by 21 July or face new steel and aluminium tariffs, as PM Carney vows to protect Canadian workers from U.S. measures.
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