Treasury Secretary Bessent calls for "entire" review of Fed
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its ...
Government of Switzerland has rejected the neutrality initiative by the Pro Switzerland group and right-wing supporters from the Swiss People’s Party.
The Swiss Federal Council has not proposed a counterproposal and transmitted its message to parliament to debate the issue. Supporters of “Safeguarding Swiss Neutrality” initiative call for perpetual and armed neutrality to be enshrined in the country’s constitution. They also demand that Switzerland should not join any military alliance.
The document also dictates that Switzerland should not take part in foreign wars or impose economic or diplomatic sanctions against a belligerent state, subject to its obligations to the United Nations. Finally, Bern must make use of its neutral status in the context of its good offices.
However, according to the government, defining Swiss neutrality more strictly is not necessary.
The Federal Council is convinced of the importance of neutrality for Switzerland. As part of the Swiss identity, it is an important instrument of Swiss foreign, security and economic policy, Foreign Minister Ignazio Cassis told reporters in Bern on Wednesday. But parliament believes that adopting a tighter definition of Switzerland's neutrality, would put the country's options in a straightjacket.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
U.S. Treasury Secretary Scott Bessent on Friday called for a wide-ranging re-examination of the Federal Reserve’s role and authority, including its control over interest rate policy, as the Trump administration steps up its campaign to assert greater oversight over the central bank.
The Trump administration is preparing to introduce new rules that would restrict or potentially block imports of Chinese-made drones and medium to heavy-duty vehicles, citing national security concerns.
British Prime Minister Keir Starmer carried out a major cabinet reshuffle on Friday (September 5), appointing new deputies as well as foreign and interior ministers in a bid to reassert control following the resignation of his deputy, Angela Rayner.
Australian driver Daniel Ricciardo confirmed on Friday (September 5) that his racing career has come to an end, announcing he will take on a new role as a global motorsports ambassador for Ford.
Lebanon’s cabinet on Friday (September 5) endorsed an army proposal to disarm Hezbollah, saying the military would begin implementing it, though without a set timeline and while noting the army’s limited resources.
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