Asian manufacturing hit by tariff worries
Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and So...
The European Union Council will hold hearings on May 27 regarding the possible suspension of Hungary’s voting rights within the Union. The information was published on the Council’s official website.
According to the agenda, ministers will conduct the eighth hearing on Hungary under Article 7 of the Treaty on European Union, initiated by the European Parliament.
Article 7 allows for the suspension of certain rights of a member state, including its voting rights in the EU Council, if it is found to be in breach of the Union’s core values.
Previously, the Financial Times reported that several EU officials had discussed the suspension of Hungary’s voting rights due to Budapest’s ability to obstruct major decisions—particularly those related to Russia.
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.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
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.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
The Democratic Republic of Congo’s president has pledged to pursue justice for victims of eastern conflict despite a peace deal with Rwanda, calling the accord a hopeful yet fragile step toward regional stability.
Factory activity across much of Asia weakened in June due to ongoing uncertainty over U.S. tariffs, though slight improvements in China, Japan, and South Korea offered cautious optimism ahead of key trade talks.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
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