Armenia–Azerbaijan ties lift economic outlook, Fitch says
Fitch Ratings, one of the world’s three major credit rating agencies, says the start of trade and economic relations between Armenia and Azerbaijan ...
Canadian Finance Minister François-Philippe Champagne said Thursday that tariffs were a key point of discussion during the G7 finance ministers’ meeting, despite the issue being omitted from the final communique.
“They are not skating around the fact that tariffs are an issue,” Champagne told reporters at a press briefing following the conclusion of the summit. The finance minister, who also chaired this year’s G7 finance leaders’ meeting, emphasized that tariffs were part of broader conversations on global economic stability and growth.
The summit took place under the shadow of renewed trade tensions sparked by U.S. President Donald Trump’s tariff measures, which have targeted Canada and other G7 members. The escalating tariff regime has begun to impact G7 economies and challenge the existing framework of global trade cooperation.
With U.S. Treasury Secretary Scott Bessent in attendance, observers had speculated whether the finance leaders would be able to find common ground on trade policy. While the official communique avoided direct reference to tariffs, Champagne made clear that the topic was “something you can’t avoid discussing.”
“We are trying to enhance growth and stability, and obviously tariffs are something in that context that you can't avoid discussing,” he said.
The meeting highlighted ongoing concerns among G7 members about the fragmentation of the global trade order and the economic toll of protectionist policies, even as the group seeks to maintain a united front on financial and economic issues.
At least four people were injured after a large fire and explosions hit a residential building in the Dutch city of Utrecht, authorities said.
A railway power outage in Tokyo disrupted the morning commute for roughly 673,000 passengers on Friday (16 January) as two main lines with some of the world's busiest stations were halted after reports of a fire.
Russian President Vladimir Putin has warned that the international situation is worsening and that the world is becoming more dangerous, while avoiding public comment on events in Venezuela and Iran.
President Donald Trump announced Thursday evening that the long-awaited “Board of Peace” to oversee Gaza’s reconstruction has officially been formed.
Armenian Prime Minister Nikol Pashinyan has formally asked Russia to take a decision on restoring strategic railway sections linking Armenia to the borders of Azerbaijan’s Nakhchivan exclave and Türkiye, as part of broader efforts to reopen transport corridors in the South Caucasus.
The White House has named senior U.S. and international figures to a so-called "Board of Peace" to oversee Gaza’s temporary governance under a plan unveiled by President Donald Trump on Friday.
Ukraine is sending a senior delegation to the U.S. for talks on security guarantees and a post-war recovery package, President Volodymyr Zelenskyy said on Friday, adding that agreements could be signed at the World Economic Forum in Davos next week.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 17th of January, covering the latest developments you need to know.
More than 3,000 people have been killed in Iran’s nationwide protests, according to rights activists, as monitors reported a slight return of internet connectivity following an eight-day shutdown.
Ukrainian President Volodymyr Zelenskyy said on Friday that allied supplies of air defence systems and missiles were insufficient as Russia prepares new large-scale attacks.
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