Australia seals $1.3BN U.S. missile deal, rejects higher defence target
Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washingt...
Polish customs have detained 5 metric tons of Boeing aircraft tires intended for transport through Belarus to Russia, citing ongoing investigations related to EU sanctions.
Poland’s National Revenue Administration announced the detention of 5 metric tons of tires for civilian Boeing aircraft during a customs inspection in Koroszczyn.
Polish authorities have launched criminal fiscal proceedings for alleged customs misrepresentation regarding the shipment. Boeing has not issued a statement on the matter.
Russia's aviation sector continues to adapt to challenges posed by its reliance on foreign-manufactured planes and restricted access to parts and technical services due to international sanctions.
The tires are covered by European Union sanctions implemented in 2022 in connection with events involving Russia and Ukraine. Aircraft manufacturers, including Boeing and Airbus, have ceased providing parts, maintenance services, and technical support for Russian airlines as part of these measures.
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.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
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.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
Australia has finalised a AU $2 billion ($1.3 billion) purchase of U.S. made supersonic missiles, reinforcing its commitment to defence investment while stopping short of U.S. calls to adopt a higher military spending target.
U.S. President Donald Trump has announced a reduced 20% tariff on many Vietnamese exports, down from a previously planned 46%, in what he described as a new trade framework with Hanoi.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
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.
Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washington’s 3.5% GDP spending target.
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